Slide 1: Fourth Quarter and Full Year 2021 Earnings
MARCH 16, 2022 Wallbox NV NYSE:WBX Fourth Quarter and Full Year 2O21 Earnings
Slide 2: Forward-Looking Statements
Vehicle-to-Home Forward-Looking (V2H) Statements This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this Letter to Shareholders that do not rel
Slide 3: Corporate Overview
QUASAR Corporate Overview Enric Asuncion, CEO 3
Slide 4: Q4 2021 Highlights
Q4 2O21 Highlights Rapid product innovation cycles + vertical integration + expanding global reach = continued momentum 165% Agile, vertically integrated Q4 YoY Revenue Growth SUPPLY CHAIN 44,OOO 98 Units Deployed Countries with Commercial Activity 1st $250M Supernova DC fast chargers delivered Capi
Slide 5: The Wallbox Future
THE WALLBOX FUTURE Be the provider of all-in-one renewable energy solutions with the charger at the center Peer to Peer Energy Transactions Generate your own energy from renewable energy sources and trade it with others locally Automatic Charging Charger starts charging when electricity costs are lo
Slide 6: 2021 At A Glance
2O21 At A Glance: Delivered on full-year revenue and margin targets Strong Financials Solid Execution Well Positioned • $86.5M revenue1 = 266% yoy • Expanded product portfolio • Completed de-SPAC with Kensington growth • Expanded geographic footprint Capital Acquisition Corp II • 38.2% gross margin
Slide 7: Realizing the future of charging with Quasar
Bi-directional charging & Energy management Realizing the future of charging with Quasar PIONEERING TECH One of the first bi-directional chargers in the world for residential use BI-DIRECTIONAL Changes the flow of energy to enable V2G and V2H CUTTING-EDGE TECH Advanced facial recognition and gesture
Slide 8: 2022 Focus Areas: New Product Innovation
2O22 Focus Areas New Product Innovation PUBLIC CHARGING SOLUTIONS QUASAR 2* Bi-directional charger can power a home for 3+ days, compatible with Unique DC technology CCS Standards Innovative energy management platform transforms the public charging ATLAS experience Proprietary CPU forms basis for ad
Slide 9: 2022 Focus Areas: Operational Excellence
2O22 Focus Areas Operational Excellence BARCELONA FACILITY “D26” Opened in 2021 We are an international company, with sales, manufacturing facilities ARLINGTON, TX FACILITY Opens in 2022 and offices worldwide. 184 SALESPEOPLE Operating in 98 counties around the world +1,000,000 UNIT CAPACITY exiting
Slide 10: 2022 Focus Areas: Profitable Growth
2O22 Focus Areas Profitable Growth POSITIVE EBITDA exiting 2024 Strong secular tailwinds provide attractive base for future growth POSITIVE FREE CASH FLOW exiting 2025 30 € CONTINUED MARGIN UPSIDE 25 € 20 € REMAIN COMMITTED MILLIONS to previously communicated 15 € revenue targets 10 € 5€ 0€ Q1-21 Q2
Slide 11: Financial Review
Financial Review Jordi Lainz, CFO 11
Slide 12: Financial & Operational Highlights
Financial & Operational Highlights 2021 INCOME STATEMENT 1 B ALANCE SHEET 2 OPERATING METRICS Revenue $ 86,467 Cash & Units sold ~129,000 $193,569 Equivalents Headcount ~900 YoY Growth 266% LT Debt $19,943 Countries 98 Investments in Gross Margin 38.2% PP&E + Intangibles $32,769 2022 Mfg. Capacity +
Slide 13: Closing Thoughts
Closing Thoughts 13
Slide 14: 2022 Outlook
2O22 Outlook1 Continued strength across the board In euro, between = growth between Q1 2022 Revenue €26M & €28M 170% & 190% Full-year 2022 Revenue €175M & €205M 145% & 190% @1.208 USD/EUR2 Midpoint of $230M 1. Forward looking guidance is provided in euro to remove potential impact of currency volati
Slide 15: D26 Video Placeholder
D26 VIDEO PLACEHOLDER = wallbox #
Slide 16: Questions & Answers
Questions & Answers 16
Slide 17: Appendix
Appendix 17
Slide 18: Consolidated Statement of Profit or Loss – in EUR
Consolidated Statement of Profit or Loss – in EUR Unaudited, in € 000s For the Year Ended, For the Quarter Ended, December 31, December 31, 2021 2020 2021 Revenue 71,579 19,677 25,939 Change in inventories and raw materials and consumables used (44,253) (10,574) (16,410) Employee benefits (30,846) (
Slide 19: Consolidated Statement of Profit or Loss – in USD
Consolidated Statement of Profit or Loss – in USD Unaudited, in $ 000s For the Year Ended, For the Quarter Ended, December 31, December 31, 2021 2020 2021 Revenue 86,467 23,770 31,334 Change in inventories and raw materials and consumables used (53,458) (12,773) (19,823) In USD @ 1.208 USD/EUR Emplo
Slide 20: Cash & Cash Equivalents – EUR
Cash & Cash Equivalents – EUR Unaudited, in € 000’s Year Ended December 31 2021 2020 Cash and cash equivalents at 31 December 113,865 22,338 1 Financial Investments at 31 December 56,981 239 Cash , cash equivalents and Financial Investments at 31 December € 170,846 € 22,577 1. Financial Investments
Slide 21: Cash & Cash Equivalents - USD
Cash & Cash Equivalents - USD Unaudited, in $ 000’s Year Ended December 31 2021 2020 Cash and cash equivalents at 31 December 129,009 27,409 1 Financial Investments at 31 December 64,559 294 Cash , cash equivalents and Financial Investments at 31 December $193,569 $27,702 2 Average annual USD/EUR sp
Slide 22: Investments in PP&E and Long-term Borrowing - EUR
Investments in PP&E and Long-term Borrowing - EUR Unaudited, in € 000’s For the Year Ended, December 31, 2021 2020 Investments in Property, plant and equipment and Intangible Assets Property, plant and equipment 19,851 4,029 Intangible assets -excluding R&D (salaries 2,213 5,895 capitalized) Total I
Slide 23: Investments in PP&E and Long-term Borrowing - USD
Investments in PP&E and Long-term Borrowing - USD Unaudited, in $ 000’s For the Year Ended, December 31, 2021 2020 Investments in Property, plant and equipment and Intangible Assets Property, plant and equipment $ 23,731 $ 5,351 Intangible assets -excluding R&D (salaries $ 9,038 $ 8,692 capitalized)
Slide 24: Definitions and Disclosures
Definitions and Disclosures 2021 1) Adjusted EBITDA is defined as net income (loss) before depreciation and amortization, provision (benefit) for income taxes and net finance cost adjusted to take account of the impact of certain non-cash and other items that we do not consider in our evaluation of