Cap-xx Limited · LSE:CPX
Cap-xx — ShareSoc Seminar (October 2017)
21 slides from Cap-xx's conference presentation, Oct 11, 2017
Slide 1: ShareSoc Seminar
ShareSoc Seminar 11th October, 2017 Anthony Kongats Chief Executive Officer © 2017 CAP-XX (AUSTRALIA) PTY LTD
Slide 2: Important Notice
Important Notice • This presentation and its enclosures and appendices (the “presentation”) have been prepared by CAP-XX Limited (the “Company”) exclusively for information purposes and does not constitute an offer to sell or a solicitation of an offer to buy any securities. This presentation has no
Slide 3: Company Overview
Company Overview • Global supercapacitor supplier founded in 1996 • Market leader in prismatic, high power supercapacitors • Strong IP licensed to multinational suppliers Murata and AVX • Customer applications in high growth markets • 24 million cells sold to date • HQ, product & manufacturing devel
Slide 4: About CAP-XX
About CAP-XX AVX, USA MURATA, Japan PTA & Nationgate, Malaysia Sydney, Australia Headquarters • HQ, R&D, product & manufacturing development in Australia Manufacturing R&D • Volume manufacturing in Malaysia Sales Agents • Global market coverage via local sales agents © 2017 CAP-XX (AUSTRALIA) PTY LT
Slide 5: The Water Tank Analogy
The Water Tank Analogy The water tank is a useful way to compare energy storage systems Capacitor: Supercapacitor: Battery: Inaccessible energy Small volume Moderate volume Big volume High pressure Moderate pressure Low pressure Big tap Moderate tap Small tap Low Energy Moderate Energy High Energy S
Slide 6: CAP-XX's competitive advantages
CAP-XX’s competitive advantages Aluminium Carbon Separator Carbon Aluminium 1. Nanotech materials, 2. Efficient packaging, + - 3. Clever electrochemistry, 4. Smart electronics & 5. Strong Patents Nanoporous carbon 100 nm 10 nm thick oriented modified layer with fibres Yields products which are: 100
Slide 7: Recent developments: Financial
Recent developments: Financial • Sales revenue of A$4.1m down 17% year on year due to supplier issues previously announced • Royalty revenue of A$0.7m up 177% (2016: A$0.2m) • EBITDA loss of A$1.2m (2016: A$0.7m) • Second of three upfront licence fees received from AVX along with guaranteed royalty
Slide 8: Recent developments: Operational
Recent developments: Operational • Achieved first high volume design win for the new Thinline product range, for a wearable tech product. Delivery to start 2017 • Increasing sales in IoT applications, especially wearable technology and energy harvesting • Murata launched new lithium batteries and 0.
Slide 9: Licencing update
Licencing update • Murata continues to be very active in the supercapacitor market • The Board expects Murata royalties payments to continue to grow significantly • Royalty audit to be completed by December • AVX continues to be very active in the supercapacitor market • The Board expects AVX royalt
Slide 10: Technology validated by Murata & AVX
Technology validated by Murata & AVX Non-exclusive licences to Murata, Japan and AVX, USA • Murata – small prismatic CAP-XX supercapacitors (<5F/cell) and small lithium–ion batteries (<50mAh) • AVX – small to medium (1F to 1000F) prismatic and cylindrical CAP-XX supercapacitors • Both paid up-front
Slide 11: Murata Royalty - FY12 - FY17
update Murata Royalty - FY12 - FY17 900 800 700 600 INDEX % 500 400 300 200 100 - FY12 FY13 FY14 FY15 FY16 FY17 © 2017 CAP-XX (AUSTRALIA) PTY LTD 11
Slide 12: AVX update
update • CAP-XX licensed patents to AVX on a non exclusive basis for certain supercapacitors and applications • CAP-XX receives licence fees over a three year period and a royalty on AVX sales • Upfront fees of £2m received • New AVX products launched • AVX paying minimum of £65K per quarter © 2017
Slide 13: Wearable technology
Wearable technology • Smart Clothing: Supercapacitor stores energy from energy-producing textiles and provides peak power to collect and transmit information • Alzheimer Patient eCall Wristband: Supercapacitor provides peak power for RF transmission • Automated drug delivery pumps: Supercapacitor pr
Slide 14: Energy harvesting
Energy harvesting • Building Control Systems: Use Supercapacitor to store energy from solar, motion, RF and thermal transducers to power wireless sensors and actuators for lighting, air-conditioning, security and access control systems • Industrial Control & Monitoring Systems: Use Supercapacitor to
Slide 15: RFID
RFID • Contactless Smart Credit Cards: Use Supercapacitor to store energy from nearfield RF reader and provide power for data transmission • Contactless Biometric Security Cards: Use Supercapacitor to store energy from nearfield RF reader and provide power for on board processing and data transmissi
Slide 16: Metering
Metering • Wireless Electricity Meters: Backup power to report power failure • Wireless Gas meters: Peak power to modem for RF transmission of data & backup power for failure messaging & emergency valve operation • Wireless Water meters, Flow Meters, Leakage & Level Monitors: Peak power to modem, ba
Slide 17: Large supercapacitor update
Large supercapacitor update • Large scale sales opportunities for automotive supercapacitors progressing • Focused on 3 large global automotive projects for trucks and passenger vehicles • These will require JV or other investment in manufacturing capacity • Customer says CAP-XX has strong technical
Slide 18: New cylindrical products launched
New cylindrical products launched • New cylindrical products launched to meet customer requests • CAP-XX estimates that the potential market for cylindrical supercapacitors is currently over 10x the size of the market for small prismatic supercapacitors • CAP-XX brings brand, performance and distrib
Slide 19: Strong R&D Pipeline
Strong R&D Pipeline Multiple collaborative agreements signed with global Research and Aerospace organisations Significant progress made in last year • Increased prismatic cell voltage – target is 3V+ • Reduced product costs • Reduced Equivalent Series Resistance (ESR) of prismatic cells • Longer lif
Slide 20: Summary
Summary • Achieved first high volume design win for the new Thinline product range, for a wearable tech product. Delivery to start 2017 • Increasing sales in IoT applications, especially wearable technology and energy harvesting • Murata launched new lithium batteries and 0.4mm supercapacitors • AVX
Slide 21: For more information, contact
For more information, contact: Anthony Kongats, Chief Executive Officer Anthony.Kongats@cap-xx.com or visit us at: www.cap-xx.com © 2017 CAP-XX (AUSTRALIA) PTY LTD