Vision Marine Technologies Inc. · NASDAQ:VMAR
Vision Marine Technologies — Investor Presentation (April 2023)
31 slides from Vision Marine Technologies's investor presentation, April 2023
Slide 1: The Future of Boating
The Future of . MI Pp VMAR | Nasdaq Listed
Slide 2: Disclaimer
Disclaimer This presentation includes statements that are, or may be deemed, ‘‘forward looking statements’’ under applicable securities law s. In some cases, these forward looking statements can be identified by the use of forward looking terminology, including the terms “believes,” “estimates,” “an
Slide 3: Mission Statement
Mission Statement Vision Marine’s mission is to provide a sustainable and cost effective alternative to internal combustion engine powertrains, in an industry that has seen little technological innovation in 100 years. We offer our fully electric, purpose built, high performance 180 hp proprietary E
Slide 4: Key Investment Highlights
Key Investment Highlights First Mover Advantage in the Rapidly Growing Global Electric Boat Propulsion Market The market is estimated to grow to $11.3 billion by 2028, growing at a CAGR of 13.7%, driven by tightening emissions standards requiring a zero emissions solution over the near term. Defined
Slide 5: Market Overview
Market Overview VISION MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 5
Slide 6: Rapid Growth in the Recreational Boating Market
Market Overview Strong upward trend in consumer demand for high performance engines continues, led by 200 hp outboard motors This segment represents the fastest growing segment of TAM, currently accounting for 27 of total sales. Outboard engine market size to reach $19 billion by 2032. Exceeded $9.8
Slide 7: Electric Boat Market is Poised for Powerful Growth
Market Overview The North American electric boat market is presently expected to grow at a CAGR of 14% from 2022 to 2031. Electric Boat Market Stringent emission regulations and ongoing ban of traditional is Poised for internal combustion engine usage. Powerful Growth Competition in the performance
Slide 8: Business Overview
Business Overview VISION MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 8
Slide 9: Disrupting the Traditional Boating Market
Vision Marine at a Glance Disrupting Product Performance The efficiency of our powertrain system enables our outboards to the Traditional demonstrate significantly greater horsepower, torque as well as continuous power. Boating Market OEM Production OEM’s can now become fully electric by incorporati
Slide 10: E-Motion Outboard has Superior TCO and Carbon Footprint
Technology Vision Marine’s E-Motion ™ Outboard has Superior TCO and Carbon Footprint INTERNAL COMBUSTION ENGINE Electric Availability Today Today Four Winns H2e Electric 22’ Bowrider Upfront Vehicle Cost $ 110,000 $ 189,600 H2e MSRP One Gallon of Fuel Annual Fuel Cost $ 16,900 $ 572 Charging Cost Po
Slide 11: Groupe Beneteau Initial Purchase Order
Groupe Beneteau Partnership A DEFINED PATH TO REVENUE Groupe Beneteau Initial Beneteau boasts a portfolio of 8 global brands, offering 180 recreational Purchase Order models and producing over 10,000 boats per year. Initial commercial offering with Beneteau will be launched under the Four CONTINUES
Slide 12: McLaren Engineering to Manufacture and Assemble Powertrain
Select Manufacture & Supply Partnership McLaren Engineering to Manufacture and Assemble Vision Marine’s Electric Vision Marine executed a Manufacture & Supply Agreement with McLaren Engineering, a wholly owned subsidiary of Linamar Corp. Powertrain System for OEMs MANUFACTURING CAPABILITY TO McLaren
Slide 13: Production contract for Marine batteries with Octillion Power
Battery Supply Partnerships Production contract for Production capacity of up to 4,500 batteries per day. Marine batteries with Partnership has developed a customized high voltage 35 kWh high density marine battery exclusively for Vision Marine. Octillion Power The battery pack is smaller than that
Slide 14: Technology
Technology VISION MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 14
Slide 15: Fully Electric Proprietary Powertrain Technology & IP
Powertrain technology Marine Battery Packs Fully Electric PDU Proprietary Powertrain Cooling System Motor & Inverter Technology & IP E-Motion™ is the world’s 180 HP first performance electric propulsion engine. An integrated propulsion and battery CCU BMS management system suitable for Charger deman
Slide 16: Technological Capabilities
Technological Capabilities SPECIFICATION HIGHLIGHTS Reliability Telemetry Technology Security Dedicated intelligent intercom- System measurements through Unique electric marine com- Battery purposefully developed for muting system is protected by proprietary software in real time. ponents at the out
Slide 17: Electric Boats Rental Operations
Electric Boats Rental Operations Prove the Viability and Public Interest in Boat Electrification Operates a highly profitable legacy electric boat Enhances opportunity to showcase and Third expansion “Waves” development rental location in Newport Beach, California. expand brand awareness. Second loc
Slide 18: Competitive Advantages
Competitive Advantages Clean Technology and Massive Fuel Savings First fully electric 180 hp integrated outboard system which offers unparalleled performance. No expensive gasoline or dirty fossil fuels and no annual engine overhaul. RUNABOUT BOAT CENTER CONSOLE BOAT Increased Efficiency and Power T
Slide 19: Superior Performance With Torque & Efficiency
Competitive Landscape Vision Marine Provides Superior Performance With TorqUE & Efficiency Powertrain Brand Power 180 HP 50 HP 120 HP 80 HP 70 HP Voltage 660 V 96 V 730 V 350 V 144 V Battery Pack 70 or 85 kWh 40 kWh 2 x 63 kWh 2 x 40 kWh 80 kWh Charger 6,6 Kw TBD 3,3 Kw 2,0 Kw 3,3 Kw Display 10 inch
Slide 20: Electric Motor Well Positioned to Replace ICE in Boating
Electric Vs. Gas Boating An Electric Motor is Well Positioned to Replace an ICE in boating Full charge every morning Find a gas station and/or carry gas cans Very low charge cost High fuel cost Reliability, Starts every time Problematic, doesn’t always start Low maintenance, 90% less High maintenanc
Slide 21: Vision Marine Technologies' Team
Vision Marine Technologies’ Team Alexandre Mongeon Carter Murray Xavier Montagne Chief Executive Officer Chairman of the board Chief Operating Officer & Chief Technology Officer Director Co-Founder of Vision Marine Technologies Former worldwide CEO of FCB, an IPG-owned, CEO and Senior Engineer with
Slide 22: Financial Overview
Financial Overview VISION MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 22
Slide 23: Select Financial Information
Select Financial Information Currency: CAD 2021 FY 2022 FY Period Ended 31/8/2021 31/8/2022 Total Revenue $3,513,788 $7,350,946 Total Revenues, 1 Year Growth (%) 45% 109% Gross Profit 1,604,182 3,285,565 Gross Profit Margin (%) 46% 45% EBITDA -12,697,530 -12,584,952 Summarized Balance Sheet (Last 3
Slide 24: Capitalization
Capitalization As of January 31, 2023 ISSUED AND OUTSTANDING SHARES 9,479,466 OPTIONS * 1,709,121 WARRANTS ** 1,231,112 FULLY DILUTED SHARES 12,419,699 DIRECTORS AND OFFICERS 21% NO DEBT * Options: exercisable from US$ 2.18 to US$ 12.83 ** Warrants exercisable from US$ 4.21 to US$ 12.50 VISION MARIN
Slide 25: Recent transactions in the electric transition market
Electric Boat Market Recent transactions in the electric transition market GM takes a stake in electric boating John Deere buys Kreisel , plans to Arc Boats accelerates production start up Pure Watercraft. GM acquired electrify its product line. ramp with $30 million series led by a 25% stake in Pur
Slide 26: World Fastest Electric Boat
World Fastest Electric Boat Vision Marine will race Top Speed at the Lake of the Ozarks Shootout - JULY 2022 anyone, 109 MPH WORLD RECORD anywhere, anytime Propulsion by VISION MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 26
Slide 27: Contact Information
Contact Information Bruce Nurse Investor Relations Vision Marine Technologies, Inc. (800) 871-4274 bn@v-mti.com VISION MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 27
Slide 28: Appendix
Appendix VISION MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 28
Slide 29: World's Fastest Electric Boat
World Fastest Electric Boat World’s Fastest Electric Boat Vision Marine Technologies, Inc. (Nasdaq: VMAR) proudly reports its triumphant and historic performance at the 2022 Lake of the Ozarks Shootout, the largest boating event of the year, in which the company sped past 100 MPH, hitting 109 MPH, i
Slide 30: 2023/24 Boat Show & Events
Brand Awareness & Outreach Sea trials continue at the biggest boat shows in the World Vision Marine continues to showcase our proprietary tech- nology and provide sea trials for some of the largest and most dominant global OEMs. NEWPORT BEACH LAKE OF THE OZARK IBEX 2023 FORT LAUDERDALE MIAMI INTERNA
Slide 31: Groupe Beneteau Partnership
Groupe Beneteau Partnership “After the construction and thorough testing of a first, jointly developed prototype in early 2022, the objective is to bring to market a 100% electric boat and propulsion package,” states Erik Stromberg, Power and Motoryacht Product Director for Groupe Beneteau. Stromber
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