Fae Technology S.p.a · MIL:FAE
Fae Technology — FAE Technology S.p.A. Società Benefit — Investor Presentation (October 2024)
27 slides from Fae Technology's investor presentation, October 2024
Slide 1: Investor Presentation October 2024
Investor Presentation October 2024
Slide 2: Disclaimer
Disclaimer This document has been prepared by FAE Technology S.p.A. Società Benefit (hereinafter, also the "Company") for information purposes only and for use at meetings with institutional investors and financial analysts in presentations of the Company's results and strategies. For further detail
Slide 3: Agenda
04 FAE Technology Group - At a glance 14 Long term growth and value creation: strategies and opportunities 05 A story of continuous development 16 FAE Group – Consolidated full year 06 Solid growth trend 17 Investment highlights 07 What we do 19 Management Team 08 What we do – Life cycle management
Slide 4: FAE Technology Group – At a glance
FAE Technology Group – At a glance _ c240 employees _ 44,7 mln Value of Production (1H) _ > 70 mln mkt cap 100% _ Fast growing company - Cutting edge proprietary tech solutions - Benefit Corp ESG oriented Note: post period end, on the 24° of September FAE Technology announced the signing of a bindin
Slide 5: A story of continuous development
A story of continuous development 2024 2023 • IpTronix/Appointment CTO (post period) 2022 • Ray Ozzie, Technology • Acquisition of Advisor to the Group Elettronica GF 2021 • Listing on EGM • Enhancing the • Introduction of service engineering team & refurbishment 2008 • Benefit Company • MY Fast PCB
Slide 6: Solid growth trend
Solid growth trend FAE Technology has significantly increased its growth trend over the years, in particular thanks to the integration of value-added services (design, engineering and fast prototyping) and an accretive M&A strategy which, together with historical activity, have improved the offering
Slide 7: What we do
What we do Technology solutions & Industrial services in proprietary products electronics - Edge computing solutions - Online fast prototyping services - Embedded products - Manufacturing services - Industrial IoT - Refurbishment & Disposal - Engineering services 7
Slide 8: What we do – Life cycle management of the tech assets
What we do – Life cycle management of the tech assets Engineering Prototyping Product Innovation & POC (from PoC, Machine Vison, FPGA System, embedded system, to industrial) Refurbishment & Disposal Production (to be by FY25) High Level Assembly (including proprietary embedded products) 8
Slide 9: What we do – Technology at a glance
What we do – Technology at a glance ODM FOR EMBEDDED EDGE COMPUTING INDUSTRIAL IoT PRODUCTS & HUMAN SOLUTIONS MACHINE INTERFACE 9
Slide 10: FAE Technology Group – In-house processes
FAE Technology Group – In-house processes Engineering departments FW & SW development PoC development Electronic industrial design FAST Prototyping Department Embedded platform Manufacturing plants High Level Assembly Service & Refurbishment 10
Slide 11: Group current positioning and new opportunities
Group current positioning and new opportunities Positioning, addressable markets and opportunities Tot. market size (Edge) $160 billion* (FY22) and $260 billion* (eFY32) Total market size (Core) $700 billion** (FY23) FIELD EDGE COMPUTING CLOUD / AI / BIG DATA MARKETS & Centralised mainframe (highest
Slide 12: Market sectors and standards
Market sectors and standards Our business model, combined with the pervasiveness of electronics, enables us to explore opportunities across a wide range of market sectors. Our system and our processes are certified according to different quality standard: For the design and production of electronic
Slide 13: Where we are
Where we are HEADQUARTER & BUSINESS CENTER PRODUCTION PLANT 2 Albino / BG 1200 mq Vertova / BG 35 FTE 5500 mq Electronics Assembly | Logistics 80 FTE ELETTRONICA GF PRODUCTION PLANT 1 Faenza / RA Gazzaniga / BG 5500 mq 2000 mq Engineering Center | Prototype | SMT Electronics Assembly | 35 FTE Logist
Slide 14: Long term growth and value creation: strategies and opportunities (1/2)
Long term growth and value creation: strategies and opportunities (1/2) DIGITAL IMPROVEMENT & TECHNOLOGY AUTOMATION • Investments as key driver to sustain growth and value creation with the goal to remain at the cutting edge of technology. • Investments for the continuous development and implementat
Slide 15: Long term growth and value creation: strategies and opportunities (2/2)
Long term growth and value creation: strategies and opportunities (2/2) PROPRIETARY SOLUTIONS • Thanks to decades of internal R&D and a deeply skilled engineering team the Group is among the few companies in Europe able to manage the design and the production of SOMs. (System of Modules – Proprietar
Slide 16: FAE Group – Consolidated full year
FAE Group – Consolidated full year € 44.7 Mln € 5.8 Mln 13,0% € 8.3 Mln Value of production EBITDA EBITDA MARGIN Net financial debt 30.06.2024 30.06.2024 30.06.2024 30.06.2024 Reference date 30.06.2024 16
Slide 17: Investment highlights (1/2)
Investment highlights (1/2) Digital & FAE Technology Group has a strong innovation attitude and a clear strategy in order to be at the technological cutting-edge of the industry. The Group will constantly increase the digitization of all processes and the integration technology driven of value-added
Slide 18: Investment highlights (2/2)
Investment highlights (2/2) Ability to generate value in Thanks to its streamlined and fast organization, FAE Technology is able to promptly support customers to scale favor of successful in dynamic markets, meeting their demands faster than the competition and guaranteeing a strong competitive adva
Slide 19: Management Team
Management Team Dario Ne Gianmarco Lanza Dario Pennisi COO Marco Ferrari Chairman and Gabriele Braga CTO (by 31/12/24) CFO CEO Sales & Mkt Director 19
Slide 20: Shareholders and corporate governance
Shareholders and corporate governance Corporate Structure Corporate Governance The Company is managed by a board of directors composed of 5 The share capital of FAE Technology S.p.A. – Benefit Company is Euro 568.476,25, members in office for the three-year period 2022 – 2024 divided into 17,615,875
Slide 21: EGM and Warrant
EGM and Warrant Share Performance IPO: 1,50 € Price as of 27/09/2024: 4,05 € % of increase: 170% Source: borsaitaliana.it On June 14 2023, 3.833.250 warrants (with an ex-dividend date of June 12, 2023) were assigned free of charge in execution of the resolution of the Extraordinary Shareholders' Mee
Slide 22: Appendix
Appendix 22
Slide 23: FAE Technology Group - Consolidated P&L
FAE Technology Group - Consolidated P&L Reclassified income statement 30/06/2024 % (*) (In Euro thousands) Revenues from sales 44.206 98,9% Change in inventories (9) 0,0% Other revenues and income 522 1,2% Value of production 44.720 100,0% Cost of raw materials, supplies and good net of changes inve
Slide 24: FAE Technology Group - Consolidated balance sheet
FAE Technology Group - Consolidated balance sheet Reclassified Balance Sheet 30/06/2024 31/12/2023 Var % (In Euro thousands) Intangible assets 5.105 4.676 9% Property, plant and equipment 6.817 6.136 11% Financial assets 391 371 5% Net Fixed capital 12.312 11.184 25% Inventories 20.519 18.945 8% Tra
Slide 25: FAE Technology Group - Consolidated net financial debt
FAE Technology Group - Consolidated net financial debt Net financial position 30/06/2024 31/12/2023 Var % (In Euro thousands) A. Available liquidity 2.526 5.984 -58% B. Cash equivalents - - 0% C. Other current financial assets 1 - 0% D. Liquidity (A) + (B) + (C) 2.527 5.984 -58% E. Current financial
Slide 26: Contact
Contact Gianmarco Lanza Investor Relations Manager ir@fae.technology FAE Technology S.p.A – Società Benefit Via Cesare Battisti, 136 – 24025 Gazzaniga (BG) Tel. +39 035 73 81 30 https://fae.technology/
Slide 27: I-AE
I-AE TECHNOLOGY
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