Maven Wireless Sweden Ab · OMXSTO:MAVEN
Maven Wireless Sweden Ab — Q2 2024 Earnings Presentation
22 slides from Maven Wireless Sweden Ab's earnings presentation, Jul 12, 2024
Slide 1: Company Introduction
Company Introduction Wireless Indoor Coverage Market Road & Rail Leading RF Tunnels and Fiber 73 patents globally 6 major frame agreements 5x sales USD 10bn 2023 Technology 6 pending Over 2 years CAGR 6.2% Maven locations Founded 2016, IPO June 2021 Fan-Less, In-building Reliable and coverage Sustai
Slide 2: DAS Market 2023: $10 B
DAS Market 2023: $10 B Europe: $2.7 B 2028: $13 B (CAGR 6.2%) UK 17% Maven TAM: 1/3 France 17% Germany 15% North America: $3.3 B APAC: $3.1 B China 28% US 40% Japan 14% Canada 21% India 11% Mexico 5% ROW: $0.8 B MEA 44% South Am 23% 2
Slide 3: Market Overview
Market Overview Leading Innovator In Wireless Coverage Cellular Public Solutions Safety We offer end-to-end digital solutions with outstanding performance. Our products ensure wireless coverage for cellular and public safety services in buildings, tunnels, metros, stadiums, on trains and more. In-tr
Slide 4: Digital DAS Repeaters
Fiber Interface DIGITAL DAS REPEATERS Low Power Low Power Remotes Repeaters High Power Remotes High Power Repeaters In-Train Repeaters Compact Master Unit Off-air Master Compact RF Point of Interface 4
Slide 5: References
References 5
Slide 6: Reference projects
Reference projects : Data centers. : Pal Critical Communitations Sweden Powerplan cS dasa
Slide 7: NIMBUS
NIMBUS 5G indoor coverage 7
Slide 8: Nimbus – 5G indoor coverage
Nimbus – 5G indoor coverage fiber to the antenna Nimbus is a part of Maven’s digital DAS platform es à o n t inu u n ch c 2 first customer PO’s from: h e la Technical specifics: • • India Switzerland T • • Supports 4x400 MHz SISO or MIMO (2x2 or 4x4) • 23 dBm (200mW) per band • Weight: 4,5 kg (11 lb
Slide 9: From Ericsson mobility report June 2024
From Ericsson mobility report June 2024 Y-O-Y growth currently at +25%. 5G is needed to meet the market demand 9 Grafik från Ericsson mobility report Juni 2024
Slide 10: Nimbus uniqueness – What others can't do
Nimbus uniqueness – What others can’t do 4x4 MIMO • 4x4 MIMO for all Operators on the 5G c-band • SFP28 fiber interface – 3x datarate on fiber • Highest 5G modulation – ca 2x datarate on air • Can be built standalone on existing 3G/4G service Traditional DAS Maven DAS Throughput on a 100 MHz 877 Mb/
Slide 11: Typical Nimbus applications
Typical Nimbus applications Office buildings Airports/Stations Casinos/Hotels Using LP remotes allows for a sequential These high-capacity areas benefit from the Nimbus alleviates the need for external buildout of coverage, per tenant. Also, high level of sectorization and high antennas and passive
Slide 12: Financials
Financials 12
Slide 13: Group quarterly financial performance
Group quarterly financial performance Net sales (SEKm) and Orderbook and order intake (SEKm) gross margin 77,8 47% 44% 40% 41% Orderbook Order intake 65,4 201 36% 198 34% 35% 35% 173 53,3 53,7 53,3 28% 29% 139 40,7 41,1 121 121 89 89 84 81 26,5 58 58 21,5 47 39 28 35 35 31 21 24 12,7 Q1 Q2 Q3 Q4 Q1
Slide 14: Group quarterly financial performance
Group quarterly financial performance Geographical revenue breakdown Q1’24 (%) EBITDA (SEKm) & EBITDA margin 16,2 24% 21% 19% 3% 17% 12,8 13% 23% Nordic 11,0 15% 10,4 9% 5% 5% Europe -2% 3,9 3,9 2,1 2,8 APAC MEAT -0,4 61% -4,2 -33% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 • Maven has larger framework agreement
Slide 15: Q2'24 highlights
Q2'24 & “al highlights L# Ss
Slide 16: Highlights – UK
Highlights – UK • Maven wins first cellular DAS project in the Silvertown tunnel, London. Being commissioned during July 2024 • UK is the largest market in Europe for DAS, valued at € 490 million 2024 • Maven Wireless Ltd UK registered June 7th • With reference and connections with all 3 MNO’s the m
Slide 17: Highlights – Ireland
Highlights – Ireland • Maven wins first cellular DAS project in Ireland with unique DAS solution for high capacity 4G coverage • Maven Wireless DAS is mixing FDD (classic) / TDD (modern) radio technology in the same remote box • Incumbent suppliers could not devevop/supply this solution • Delivered
Slide 18: Highlights – Italy
Highlights – Italy • Breakthrough order in Italy for Extended GSM-Rail coverage in tunnels beween Merano and Malles in the north Bolzano district • Will establish Maven reference in Italy which is one of top 5 DAS countries in Europe • Next target is the main MNO’s 18
Slide 19: Highlights
Highlights • Strategic order for 5G DAS POC with neutral host in India • Indian DAS market is valued at € 490 million 2024 • In total 137 airports and 17 metros, 5G upgrades are needed in all • Neutral Host customer has already secured 21 of them • 500 million 5G subscriptions Neutral host secured p
Slide 20: Maven Stock
Maven Stock 20
Slide 21: Maven Wireless – Share during Q2 2024
Maven Wireless – Share during Q2 2024 Price, June 30th, SEK Development during Q2 Number of owners 17,8 -6% 3 123 Antal aktier och Andel av kapital och Aktieägare röster röster (%) Gunnar M almström* 7 400 304 14,26% Nasdaq First North Growth Market Göran Grosskopf* * 4 708 372 9,07% Fredrik Ekström
Slide 22: 5G Digital Growth. Worldwide.
IR & Aktien 5G Digital Growth. Worldwide. Nasdaq First North 22
Maven Wireless Sweden — Q2 2024 Earnings Presentation on 6ix