Photon Energy Nv · GPW:PEN
Photon Energy Nv — Q1 2025 Earnings Presentation
17 slides from Photon Energy Nv's earnings presentation, May 19, 2025
Slide 1: Q1 2025 Results Conference
Q1 2025 Results Conference Georg Hotar, CEO David Forth, CFO Photon Energy N.V. 19 May 2025
Slide 2: Disclaimer
Q1 2025 Results Presentation Disclaimer This presentation is for information purposes only and may not be copied in whole or in part for any purpose, or forwarded to third parties or published. This presentation includes written material or slides for a presentation on Photon Energy N.V. (“the Compa
Slide 3: Business Results, Financial Results, Q&As
Business Results Financial Results Q&As Lord Howe Island, Australia (1.3 MWp / 3.7 MWh)
Slide 4: Business Results
Business Results Financial Results Q&As Slavkov, Czech Republic (1.2 MWp)
Slide 5: Investments / Electricity Generation
Q1 2025 Results Presentation Investments / Electricity Generation IPP portfolio of 134.7 MWp at the end of Q1 2025, increasing by 3.6 MWp ► Electricity generation declined to 23.7 MWh (-21% YoY), as a result of the sale YoY, as a net results of: of Australian assets (highest generation in winter mon
Slide 6: Segment: Investments / Revenues
Q1 2025 Results Presentation Segment: Investments / Revenues ► Total revenues from sales of electricity increased from EUR 3.7 million to ► As of 1 Jan 2025, 15.0 MWp in the Czech Republic was switched to EUR 4.2 million, up by 12% YoY. Lower generation was compensated with Green bonus but New Energ
Slide 7: Segment: Engineering
Q1 2025 Results Presentation Segment: Engineering External Revenues (EUR 000s) External EBITDA (EUR 000s) 2,500 0 1,949 -200 2,000 +30% -400 -345 1,496 1,500 -600 -800 1,000 -1,000 500 -1,200 -1,196 0 -1,400 Q1 2024 Q1 2025 Q1 2024 Q1 2025 ► External revenues of EUR 1.9 million in Q1 2025 (+30% YoY)
Slide 8: Segment: New Energy
Q1 2025 Results Presentation Segment: New Energy External Revenues (EUR 000s) DSR/Contracted Capacity (MW) Trading Volumes (MWh) External EBITDA (EUR 000s) 12,000 500 40,000 3,000 2,723 -9% 10,323 37,927 2,482 10,000 -20% 389 2,500 400 -16% 8,273 326 -16% 8,000 35,000 2,000 300 6,000 31,847 1,500 20
Slide 9: Segment: O&M
Q1 2025 Results Presentation Segment: O&M Contracted Capacity (EUR 000s) External Revenues (EUR 000s) EBITDA (EUR 000s) 1,200 1,102 1,500 0 +62% -8 1,000 -50 1,106 +41% 800 682 1,000 -100 786 600 -150 -273 400 500 -200 200 -250 0 0 -300 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 O&M Cardio Asse
Slide 10: Segment: Technology Trading
Q1 2025 Results Presentation Segment: Technology Trading Capacity Traded (MW) External Revenues (EUR 000s) External EBITDA (EUR 000s) 7,000 6,554 0 -50 -10 6,000 Inverters, MW -100 5,000 +303% -150 4,000 Modules, MW -200 -371 3,000 -250 2,000 1,628 -300 Batteries, MWh 1,000 -350 0 -400 0.0 10.0 20.0
Slide 11: Segment: Photon Water
Q1 2025 Results Presentation Segment: Photon Water Major Milestone Achieved with In-situ PFAS Removal for Jihostroj ► Jihostroj is a Czech manufacturer of hydraulic systems and aerospace devices for military and civil aviation, located in South Bohemia. ► Photon Water has deployed an in-situ contain
Slide 12: Financial Results
Business Results Financial Results Q&As Siria, Romania (5.7 MWp)
Slide 13: Financial Results
Q1 2025 Results Presentation Financial Results In thousand EUR Q1 2025 Q1 2024 YoY change Total revenues 22,049 17,375 26.9% of which from electricity generation 4,178 3,746 11.5% other revenues 17,871 13,629 31.1% EBITDA 1,206 783 54.0% EBIT -783 -1,425 -45.1% Net profit/Net loss -3,705 -1,320 180.
Slide 14: Balance Sheet
Q1 2025 Results Presentation Balance Sheet Assets 300,000 EUR Total assets EUR 272.8 M +0% 272.9 M 275,000 14.4 M 14.4 M ► Fixed assets amounted to EUR 220.503 million compared to EUR 216.890 250,000 Current assets 41.6 M 38.0 M 225,000 -6.4% million at the end of 2024. This increase can be primaril
Slide 15: Cash Flow
Q1 2025 Results Presentation Cash Flow ► Operating cash flow EUR 3.860 million, thanks to positive In thousand EUR Q1 2025 Q1 2024 developments of working capital, mainly declining inventories and Operating cash flow 3,860 4,736 receivables and other non-cash items. Investment cash flow -3,555 -2,19
Slide 16: Q&A
Q&A
Slide 17: Thank you for joining us today!
Thank you for joining us today!