Slide 1: 2024 Half-Year Report
2024 Half-Year Report Lars Boilesen, CEO Heine Thorsgaard, CFO Thursday, August 22, 2024 NAPATECH A/S © COPYRIGHT 2024
Slide 2: Q&A Session
Q&A Session Following the presentation DK: +45 89 87 50 45 NO: +47 81 50 33 08 UK: +44 20 3936 2999 US: +1 646 787 9445 Access Code: 308507 To ask a question, press *1 on your telephone keypad To withdraw your question, press *2 Texted questions can be submitted using the button on the website 2 NAP
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation has been prepared by Napatech A/S (the “Company”) solely for information purposes. The presentation does not constitute an invitation or offer to acquire, purchase or subscribe for securities. Certain statements included in this presentation contain various fo
Slide 4: Agenda
Agenda • Business Status 1H-2024 • Business Outlook 2024-2026 • Financial Review and Outlook • Q&A Session 4 22 August 2024 NAPATECH A/S © COPYRIGHT 2024
Slide 5: Business Status and Outlook
Business Status and Outlook 5 22 August 2024 NAPATECH A/S © COPYRIGHT 2024
Slide 6: Business Status – 2Q 2024
Business Status – 2Q 2024 2Q-2024 Progress: • Extended collaboration agreementt with Intel/Altera for next-generation 400G IPUs. Napatech Strategic Plan https://newsweb.oslobors.no/message/616155 • Retain and expand our • New commercial agreement with tier-1 server OEM focused on cloud and enterpris
Slide 7: 2024 Design Win Focus
2024 Design Win Focus Tier-1 Server Manufacturer High Growth Big Data Management ISV Global Banking and Finance Enterprise US Government Network Equipment Cloud and Enterprise Datacenter Datacenter AI/ML Datacenter Microservices Security and Monitoring >25k units/year >5-10k units/year >1k units >1-
Slide 8: Accelerating Volumes And Strong Growth Potential Going Forward
Accelerating Volumes And Strong Growth Potential Going Forward Napatech has transformed from a niche supplier to a high-volume partner in a high growth market New design wins expected to unlock high volumes Intel partnership and recent design wins driving new 4-6 IPU design wins annually targets of
Slide 9: SigmaX.AI
SigmaX.AI • Data management for big-data AI/ML applications SigmaX.AI Platform • Helps datacenters overcome cost and complexity from massive AI data • Accelerated program based on Intel development platform • Demo, trial and POC systems complete • Development work to be completed on Napatech product
Slide 10: Napatech Is Exposed To The Fast-Growing Programmable NIC Market
Napatech Is Exposed To The Fast-Growing Programmable NIC Market Driven By Industry Megatrends Mega industry trends are driving more … increasing the number of servers deployed and eventually the and more applications to run … programmable NICs being deployed – replacing basic NICs Revenues (USDm) Cl
Slide 11: Napatech's Products Are Integral For Server Performance
Napatech’s Products Are Integral For Server Performance A D A Infrastructure Processing Unit E B SmartNIC B D C GPU or FPGA for AI D Memory chip C E E Central Processing Unit D F Server F Napatech’s Programmable NICs play a crucial role … providing access to CPUs and GPUs resources ✓ in modern datac
Slide 12: Financial Review and Outlook
Financial Review and Outlook 12 22 August 2024 NAPATECH A/S © COPYRIGHT 2024
Slide 13: Consolidated Income Statement Q2 & H1 2024
Consolidated Income Statement Q2 & H1 2024 Q2 H1 Q2 H1 DK K '000 2024 2023 2024 2023 ∆ ∆ Key Developments Revenue 23,176 37,846 44,718 74,942 -39% -40% • Revenue in Q2 in USD down 39% compared to Cost of goods sold (8,105) (9,191) (14,217) (25,757) Q2’23 (down 39% in DKK). Revenue in H1 in USD Gro s
Slide 14: Consolidated Cash Flow Statement Q2 & H1 2024
Consolidated Cash Flow Statement Q2 & H1 2024 Q2 H1 DK K '000 2024 2023 2024 2023 Key Developments Earnings before tax (EBT) (35,807) (12,505) (67,990) (34,069) Adjustments to reconcile profit before tax to net cash flows 11,131 9,448 21,013 19,061 • Net Cash flow from operating activities in Q2 Wor
Slide 15: 2024 Expectations
2024 Expectations Strategic targets • As communicated in our release on May 2, we target 4-6 design wins in 2024 with 50,000-60,000 units in peak annual production years. • With our latest announcement of our design win, we feel comfortable maintaining the target for 2024. Financial targets • The re
Slide 16: Q&A Session
Q&A Session Following the presentation DK: +45 89 87 50 45 NO: +47 81 50 33 08 UK: +44 20 3936 2999 US: +1 646 787 9445 Access Code: 308507 To ask a question, press * 1 on your telephone keypad To withdraw your question, press * 2 Texted question can be submitted using the button on the website 16 2
Slide 17: Stay Connected With Napatech
Stay Connected With Napatech On The Web: Social Media: Other News: www.google.com/alerts https://newsweb.oslobors.no/ www.napatech.com www.napatech.com/newsletter 17 22 August 2024 NAPATECH A/S © COPYRIGHT 2024