Slide 1: ASX Announcement: Calix Investor Presentation
ASX Announcement May 6, 2020 For personal use only Calix Investor Presentation Sydney, Australia | May 6, 2020 – Multi-award-winning Australian technology company Calix Limited (ASX: CXL) (“Calix” or “the Company”), is pleased to provide a copy of the latest Investor Presentation. Calix Managing Dir
Slide 2: About Calix
For personal use only About Calix Calix is a team of dedicated people developing a unique, patented technology to provide industrial solutions that address global sustainability challenges. The core technology is being used to develop more environmentally friendly solutions for advanced batteries, c
Slide 3: Investor Presentation May 2020: Solving global challenges
Investor Presentation May 2020 For personal use only Solving global challenges 1
Slide 4: Important Disclaimer
Important Disclaimer For personal use only This presentation has been prepared by Calix Limited (ABN 36 117 372 540) (“Company”). including possible delays in repayment and loss of income and principal invested. Calix does not guarantee any particular rate of return or the performance of Calix, nor
Slide 5: Calix Limited Business Overview
Calix Limited Business Overview For personal use only Cash-positive and virtually no debt, with growing revenues, secure supply chain, quickly scalable and funded development pipeline. Growing Sales Revenues Control of Supply Chain Quickly scalable for generated from water from mine, to minimal (org
Slide 6: Calix's Core Technology
Calix’s Core Technology For personal use only A New Type of Kiln CO2 Capture When processing limestone, cement meal, or magnesite, gas exhaust is pure CO2 27 patent families covering core technology and applications >$60m has been invested to date in Low Cost + Very High Surface developing the Area
Slide 7: Calix's Robust Supply Chain
Calix’s Robust Supply Chain For personal use only Calix is vertically integrated – owning the complete supply chain and proprietary technology, and easily scalable “Just add water” Calix Magnesite Calix Core Technology satellite facilities Mine, Australia A New Type of Kiln (close to customer) Paten
Slide 8: Calix's existing target markets – with global appeal
Calix’s existing target markets – with global appeal Calix’s Existing & Target Markets – with Global Appeal For personal use only IN-MARKET PRE-COMMERCIAL R&D WATER AND AQUACULTURE & FRESH AGRICULTURE CO2 MITIGATION ADVANCED WASTE WATER WATER REMEDIATION CROP PROTECTION LIME & CEMENT BATTERIES Direc
Slide 9: A Track Record of Funded Development to Commercialisation
A Track Record of Funded Development to Commercialisation For personal use only 2011 to 2019 - R&D Water and CO2 mitigation Rebate associated with waste water lime & cement the core technology: A$27.1m 2014: Commercialisation 2012: UK DECC Grant $A2.32m Australia Grant A$2m 2014: EU ASCENT Program $
Slide 10: Key Financial Metrics H1 FY20
Key Financial Metrics H1 FY20 For personal use only A$M Sales Revenue Growth ~A$30m in new grant funding H1 $30m secured for further R&D 4 FY20 Total: up 3.5 1.6 144% pcp 3 AUS/NZ/SE Cash flow positive from operations Asia: UP 2.5 39% pcp 2 H1 FY19 FY20 Sales Revenue Guidance A$12.5m 1.5 to A$14m Ne
Slide 11: Water and Waste Water: Growing Sales Revenues
WATER AND WASTE WATER Growing Sales Revenues For personal use only Business Model / Strategy COMPETITOR CALIX MHL “ACTI-Mag” • Direct sales model Aus / NZ / US Safe / Env. Friendly • Exploit ACTI-Mag advantages – US Reduces Rotten Egg Gas • US: Currently only about 6-8% of >US$100m (est) market = op
Slide 12: US Acquisition Strategic Rationale
WATER AND WASTE WATER US Acquisition Strategic Rationale For personal use only First US plant upgrade Calix will be looking to drive top line revenue growth in the completed and more stable US through expansion in existing geographies. product achieved Second US plant More than a thousand municipal
Slide 13: Calix's Technology is Attracting Global Players
CO2 MITIGATION FOR LIME AND CEMENT Calix’s Technology is Attracting Global Players For personal use only Calix’s technology is being piloted with the world’s largest cement and lime companies to mitigate their carbon dioxide (CO2) emissions dramatically without significant energy or capital penalty.
Slide 14: LEILAC Project
CO2 MITIGATION FOR LIME AND CEMENT LEILAC Project For personal use only CO2 Mitigation Drivers • EU Emissions Trading Scheme (“ETS”) CO2 permit price jumps from €5/T to over €20/T in 2018 • European Governments commence legislating Net-Zero CO2, in most cases by 2050, but by some (Norway) as early a
Slide 15: LEILAC – the Size of the Opportunity
CO2 MITIGATION FOR LIME AND CEMENT LEILAC – the Size of the Opportunity… For personal use only If… …LEILAC was proven the “best available technology” by 2025… …and it was possible to construct 100 LEILACs of 1 million tonne CO2 capacity each year… …this would still not meet the global CO2 capture ca
Slide 16: Developing our Asian Business
AQUACULTURE & FRESH WATER REMEDIATION Developing our Asian Business Water conditioner traps Nitrogen and Phosphorous. For personal use only Aqua Culture & Freshwater lakes Nitrogen, Phosphorous Disease Blue Green Algae Fish Kills Business Model • SE Asia Distributors – 3 established covering 7 count
Slide 17: Agriculture Crop Protection: Developing License Incomes
AGRICULTURE CROP PROTECTION AGRICULTURE Developing License Incomes CROP PROTECTION For personal use only Safe, environmentally friendly crop protection at a fraction of the cost New Product • Safe, environmentally friendly • 1/5th the price point of average pesticide / fungicide • Enables >50% reduc
Slide 18: Advanced Batteries: Funded Innovation
ADVANCED BATTERIES Funded Innovation For personal use only Cheaper, more recyclable and better performing batteries Why better batteries? Rapid growth in Need for advanced Issues of cost, capacity, electric vehicles materials for safety and and renewable lithium-ion batteries with reduced sustainabi
Slide 19: Priorities for Next Months
Priorities for Next 24 Months For personal use only IN-MARKET PRE-COMMERCIAL R&D WATER AND AQUACULTURE & FRESH AGRICULTURE CO2 MITIGATION ADVANCED WASTE WATER WATER REMEDIATION CROP PROTECTION LIME & CEMENT BATTERIES US: 4 site upgrades, Two European summer sales Continued Asian Successful completio
Slide 20: COVID-19 – Threats and Opportunities
COVID-19 – Threats and Opportunities For personal use only SALES REVENUE GUIDANCE FOR FY 20 ($A12.5 TO $14M) REMAINS UNCHANGED Threats Opportunities Australia: Unbroken supply chain – mine to customer – Operations / • Employee isolations impacting operations (if >30% only supplier of MHL to have thi
Slide 21: Calix in Summary
Calix in Summary For personal use only Total Addressable Market Partnerships • Partnering with Global Majors WATER AND WASTE WATER A$36.7b In-Market Technology • Patented Platform • Funded AQUACULTURE Development Pipeline & FRESH WATER A$1.5b Technology REMEDIATION Pre-Commercial AGRICULTURE CROP PR
Slide 22: Board of Directors
Board of Directors For personal use only Phil Peter Jack Hodgson Lance Dr Mark Turnbull Hamilton Managing O’Neill Sceats Non-Executive Non-Executive Director & Chief Non-Executive Director And Chair Director Executive Officer Director Chief Scientist • Experienced chairman and non- • 30 years multid
Slide 23: Share Price Performance Since Listing
ASX:CXL Listed on the ASX in July, 2018 For personal use only Share Price Performance Since Listing As at 4 May 2020, 2:30pm Shares on issue ~147.4m Share price for IPO Capital Raise $0.53 per share Share price on IPO $0.62 per share Share price $0.665 per share Market capitalisation ~$98m Cash (com
Slide 24: Because there's only one Earth…
Because there’s only one Earth… For personal use only Phil Hodgson Managing Director & CEO phodgson@calix.global +61 2 8199 7400 …Mars is for quitters Darren Charles CFO & Company Secretary dcharles@calix.global +61 2 8199 7400 Follow us on Twitter @Calixlimited Simon Hinsley Investor Relations simo