Kontrolmatik Teknoloji Enerji Ve Muhendislik As · BIST:KONTR
Kontrolmatik Teknoloji Enerji Ve Muhendislik As — Investor Presentation (May 2024)
28 slides from Kontrolmatik Teknoloji Enerji Ve Muhendislik As's investor presentation, May 2024
Slide 1: Investor Presentation
Investor Presentation May 2024
Slide 2: Disclaimer
Disclaimer This presentation reflects the opinions of the Company management regarding future events, including future expectations, as well as the analysis of the information and financial statements about Kontrolmatik Teknoloji Enerji ve Mühendislik A.Ş (“Kontrolmatik” or the “Company”). Although
Slide 3: Executive Summary
Executive Summary ✓ Core business of Kontrolmatik is experiencing robust growth (x4.6 growth to USD 135 mn in 3 years): → Positioned as the 22nd largest system integrator worldwide according to CFE Media and Technology → Healthy order backlog of USD 180 mn has been secured → Fostering growth mindset
Slide 4: Record Performance in 2023
Record Performance in 2023 Consolidated Financial Statements Kontrolmatik continues to invest and expand its business into new markets, despite the challenges of inflation, high interest rates and Revenue ‘23 Investment in last 3 years: geopolitical developments in the global market: ✓ Revenue reach
Slide 5: Solutions in Electrification, Automation, Digitalization
Kontrolmatik specializes in delivering solutions in Electrification, Automation, Digitalization… The Global Kontrolmatik is ready to address key mega market trends Mega Market Drivers The World Going Electric Water Scarcity Artificial Intelligence Shift to Renewable (G)localization New Space … as a
Slide 6: Vertically Integrated Technology Firm
Vertically Integrated Technology Firm Robust Growth Simultaneously, On Track for the Differentiation Sustainable in Core Business Pomega and Transition into a Through Owning the Footprint Kontrolmatik’s core business Progresiva are Taking Multibillion-Dollar Entire Value Chain in Our goal is to cont
Slide 7: The core business is experiencing significant growth
The core business is experiencing significant growth… Core system integration business shows strong growth Growth in all business areas will continue in 2024 throughout the years… Revenues, mn USD Revenues, mn USD 135 251 111 180 45 165 Q4 69 120 Q3 29 29% 26% 17% 21% Q2 Q1 2020 2021 2022 2023 Curre
Slide 8: Pomega and Progresiva will further contribute to the Kontrolmatik business
…Pomega and Progresiva will further contribute to the Kontrolmatik business EBITDA Pomega and Progresiva driven orders will Corridor: 1 Core Kontrolmatik business is expected to be normalized additionally impact Kontrolmatik 20-25% at the level of USD 200-250 mn… Kontrolmatik Only Figures 600 New or
Slide 9: Vertically Integrated Technology Firm
Vertically Integrated Technology Firm Robust Growth in Simultaneously, On Track for the Differentiation Sustainable Core Business Pomega and Transition into a Through Owning the Footprint Kontrolmatik’s core business has Progresiva are Taking Multibillion-Dollar Entire Value Chain in Our goal is to
Slide 10: Storage Market worldwide is expected to boom
Storage Market worldwide is expected to boom, and… 1,018 GWh Net-Zero Scenario 596 GWh Energy Transition Scenario The market is here 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Cumulative Installed Capacity Worldwide *Source: Bloomberg New Energy Finance, 2022 New Energy Outlook
Slide 11: We are getting ready with Two Giga Factories
…we are getting ready with Two Giga Factories Giga Factory in Ankara Giga Factory in South Carolina Achievements: Achievements: ✓ Launched with a 500 MWh/y capacity in 2023. ✓ Groundbreaking completed; site preparation is currently undergoing. ✓ Majority of UL/IEC certificates already obtained. ✓ US
Slide 12: Pomega's complementary partnership has been formed
Pomega’s complementary partnership has been formed… Expertise ✓ Strong brand recognition ✓ Expertise in LiFePO4 batteries and electricity grid code know- ✓ Deep know-how in consumer battery domain how ✓ Over 140 years of experience ✓ One of the rare players not located in the Far East ✓ Global sales
Slide 13: Concrete steps taken together with key players
Concrete steps taken together with key players Subsidiary of Polat Enerji "Poyraz Yenilenebilir" continues its renewable investments and is expected to increase its installed capacity. >> Pomega is set to deliver 2 MW / 2 MWh storage systems on a turnkey basis for one of Poyraz's wind power plants i
Slide 14: Progresiva's Renewable Energy Investment for a Better Future
Progresiva’s Renewable Energy Investment for a Better Future Progresiva investment is making significant progress with EPC- Progresiva will create additional volume to core business F business model Investor ✓ Pre-license for 250 MW WPP+1 GWh BESS with the USD 375 mn EPC-Finance investment of USD 60
Slide 15: Unique advantage in storage industry due to ownership of the value chain
Kontrolmatik and its subsidiaries have a unique advantage in storage industry due to our ownership of the value chain. Kontrolmatik Subsidiaries and Ownership Structure %50,1 %50,1 %88,1 %88,1 within KMT %88,1 %100 %95 %88,1 Cathode Active BMS EMS Mineral and Material and LiFePO4 Energy Engineering
Slide 16: Vertically Integrated Technology Firm
Vertically Integrated Technology Firm Robust Growth in Simultaneously, On Track for the Differentiation Sustainable Core Business Pomega and Transition into a Through Owning the Footprint Kontrolmatik’s core business has Progresiva are Taking Multibillion-Dollar Entire Value Chain in Our goal is to
Slide 17: Meanwhile, other investments are showing progress
Meanwhile, other investments are showing progress Recent Developments Next Steps Status + Successfully developed own technology, completed rigorous testing • The next 4 commercial satellites to be launched to the Orbit in July and currently have five satellites operational in orbit 2024. • Business
Slide 18: Our investments are set to deliver substantial results
Our investments are set to deliver substantial results EBITDA Corridor: ~USD 220 mn investment has been made …Consolidated revenue target: USD 1.5 – 2 bn 20-25% in last 3 years despite unfavorable conditions… New orders and Revenues, mn USD Investment, mn USD 159 Consolidated revenue target: USD 1.5
Slide 19: Consolidated revenue target: USD 1.5 – 2 bn w/ 25% EBITDA
Our investments are set to deliver substantial results: …Consolidated revenue target: USD 1.5 – 2 bn w/ 25% EBITDA EBITDA Corridor: 20-25% Revenues, mn USD Consolidated 1,706 revenue target: 1,609 Üçyıldız Madencilik USD 1.5-2 bn Progresiva EMEK 1,227 MCFLY Pomega-US 587 Pomega-TR 251 Kontrolmatik 2
Slide 20: Debt Profile & FX Position
Debt Profile & FX Position FX Position as of 31.12.2023 (mn USD) As of 31.12.2023; Currency Breakdown of Financial Debt 5 m$ Short Position 66,3% of loans is TL based High share of foreign currency in revenue Maturity of Financial Debt Debt Profile as of 31.12.2023 (mn USD) 97 m$ Net Debt (Excluding
Slide 21: Vertically Integrated Technology Firm
Vertically Integrated Technology Firm Robust Growth in Simultaneously, On Track for the Differentiation Sustainable Core Business Pomega and Transition into a Through Owning the Footprint Kontrolmatik’s core business has Progresiva are Taking Multibillion-Dollar Entire Value Chain in Our goal is to
Slide 22: Full integration across the electrification value chain
Full integration across the electrification value chain Kontrolmatik as a solution provider in electrification: Industrial Process Advanced Renewable Power Plants Mining Infrastructure National Grid Solutions Solutions Transportation Solutions Our manufacturing footprint as a global technology provi
Slide 23: Full integration across automation value chain
Full integration across automation value chain Industry Industry Industry Industry Industry 1.0 2.0 3.0 4.0 5.0 Marked by Advances in COBOT Human-robot Market Assembly lines and mechanization and PLC-SCADA-DCS make systems, Internet of collaboration, Requirement electricity allow for powered by wate
Slide 24: Full integration across the digitalization value chain
Full integration across the digitalization value chain We are building a world where everything is interconnected, automated and digitalized through our global network Kontrolmatik Investor Presentation | May 2024 24
Slide 25: Vertically Integrated Technology Firm
Vertically Integrated Technology Firm Robust Growth in Simultaneously, On Track for the Differentiation Sustainable Core Business Pomega and Transition into a Through Owning the Footprint Kontrolmatik’s core business has Progresiva are Taking Multibillion-Dollar Entire Value Chain in Our goal is to
Slide 26: Sustainable Footprint
Sustainable Footprint BIST Sustainability Index Ranking: 11th out of 307 firms… Our sustainability efforts for BIST Sustainability Index have been improved at corporate level. After evaluation by REFINITIV, we have been included in the 'BIST Sustainability Index’ as of Q2 of 2023. Emissions reported
Slide 27: Sustainable Footprint
Sustainable Footprint Case Study I Case Study II Case Study III İSKİ – European and Asian Region Water Loss and Gitaru Hydroelectric Power Plant Rehabilitation Gökçeada Virtual Power Plant Project Pressure Management Project Sustainability Impact of The Project: Sustainability Impact of The Project:
Slide 28: Who Controls Technology, Controls Future
WHO CONTROLS TECHNOLOGY, CONTROLS FUTURE kontolmatik.com
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