Fae Technology S.p.a · MIL:FAE
Fae Technology — FAE Technology S.p.A. Società Benefit — Investor Presentation (March 2024)
30 slides from Fae Technology's investor presentation, Mar 28, 2024
Slide 1: Investor Presentation Apr 2024
Investor Presentation Apr 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 Management Team 15 Group current positioning and new opportunities 06 FAE Technology Group - At a glance 16 Long term growth and value creation: strategies and opportunities 07 Benefit Company 18 Shareholders and corporate governance 08 What we do 19 EGM and Warrant 09 FAE Technology Group - high
Slide 4: Management Team
Management Team Gianmarco Lanza Chairman and CEO 38 years old, graduated from the Istituto Tecnico ISISS Valle Seriana he entered the family business where he took over management and control at the age of 23. In FAE Technology he directly contributed to each phase of company’ growth, starting from
Slide 5: Management Team
Management Team Dario Ne Operation Manager 42 years old, graduated from I.T.I.S. P. Paleocapa and he brings with him 20 years of experience in Electronic Manufacturing. He focused his expertise in quality management system certification and process analysis. Over the past 5 years at FAE Technology,
Slide 6: FAE Technology Group – At a glance
FAE Technology Group – At a glance _ 240 employees _ 74,8 mln* Value of Production _ > 80 mln mkt cap 100% _ Fast growing company _ Benefit Corp ESG oriented _ BPI Certification * Pro Forma non audited 6
Slide 7: Benefit Company
Benefit Company FAE Technology, in 2022 became a Benefit Company, therefore integrating into its corporate purpose, in addition to profit objectives, the scope of having a positive impact on society and the biosphere. WELFARE ENVIRONMENT SOCIAL • Promotion of the psychological • ISO 14001 certificat
Slide 8: What we do
What we do The Group operates in the electronics market as a solution provider, in particular FAE Technology Spa operates in the engineering - from PoC to industrial - , prototyping and manufacturing services for custom electronic products and Elettronica GF srl operates as a provider of own product
Slide 9: FAE Technology Group – highlights
FAE Technology Group – highlights Engineering departments FW & SW development PoC development Electronic industrial design FAST Prototyping Department Embedded platform Manufacturing plants High Level Assembly Service & Refurbishment 9
Slide 10: Where we are
Where we are HEADQUARTER & BUSINESS CENTER Albino / BG PRODUCTION PLANT 2 1200 mq 35 FTE Vertova / BG 5500 mq Electronics Assembly | Logistics 85 FTE PRODUCTION PLANT 1 Gazzaniga / BG FUTURE EXPANSION 2000 mq (HIGH LEVEL ASSEMBLY) Prototype | SMT TBD 40 FTE About 3000mq High Level Assembly | Logisti
Slide 11: What we do – Products at a glance
What we do – Products at a glance SOM CUSTOM PCBA & SINGLE BOARD COMPUTER PANEL PC 11
Slide 12: A story of continuous development
A story of continuous development 1990 2001 2008 2012 2017 • FAE S.r.l. Foundation • Expansion of production • Generational transition • Establishment of the • Growth and constitution as a small series spaces and ISO 9001 CEO Gianmarco Lanza subsidiary FAE++ S.r.l. for FAE Technology S.p.A. producti
Slide 13: 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) which, together with historical activity, have improved the offering enabling the fast development
Slide 14: 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. Electrification Fitness & Healthcare Automotive Avionic & Aerospace New incomers in electronic industry Fintech/Payment system I
Slide 15: 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 16: 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 17: 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 18: Shareholders and corporate governance
Shareholders and corporate governance Corporate Structure Corporate Governance The Company is managed by a board of directors composed of 5 FAE Technology has a share capital equal to € 563.076,25 of which 66.76% is members in office for the three-year period 2022 – 2024 attributable to the Lanza Fa
Slide 19: EGM and Warrant
EGM and Warrant Share Performance IPO: 1,50 € Price as of 27/03/2024: 4,89 € % of increase: 226% 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 20: FAE Technology – Preliminary full year stand alone
FAE Technology – Preliminary full year stand alone (non audited) € 64.8 Mln € 6.4 Mln 9,8% € 1.8 Mln Value of production EBITDA EBITDA MARGIN Net financial debt 31.12.2023 31.12..2023 31.12.2023 31.12.2023 +60,9% +62,7% VS €40.3 Mln 31.12.2022 VS €3.9 Mln 31.12.2022 VS 9,7% al 31.12.2022 VS €3.5 Mln
Slide 21: FAE Group – Consolidated full year pro-forma
FAE Group – Consolidated full year pro-forma (non audited) € 74.8 Mln € 7,6 Mln 10,1% € 7,1 Mln Value of production EBITDA EBITDA MARGIN Net financial debt 31.12.2023 31.12..2023 31.12.2023 31.12.2023 Reference date 31.12.2023 21
Slide 22: 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 23: 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 24: Appendix
Appendix 24
Slide 25: Business through innovation
Business through innovation Innovative Air Quality Monitoring System FAE Technology has forged a close collaboration with the Massachusetts Institute of Technology - Sensible City Lab, resulting in the development of Flatburn. Flatburn is an innovative self-powered system fueled by solar energy, des
Slide 26: Business through innovation
Business through innovation Air Quality Monitoring in Industries FAE Technology, in partnership with Losma, is providing an integrated environmental sanitization system. This system, equipped with a series of air quality detectors strategically distributed throughout the facility, enables continuous
Slide 27: Business Combination – The acquisition of EGF
Business Combination – The acquisition of EGF Deal structure Ebitda NFP Revenues Employees EGF at a glance (FY22) €1,7M (15,2%) * €5,9M €10,9M Ebitda adj 1,45M c60 (net debt) DEAL STRUCTURE VALUATION & MULTIPLES PAYMENTS STRUCTURE o Enterprise Value (inc earn out): € 11,7 M Al signing: o EV/Ebitda:
Slide 28: Business Combination – The acquisition of EGF
Business Combination – The acquisition of EGF Synergies and key activities • Set up of the EGF’s sales team (currently not in place), lead by FAE sales executive, to push custom solutions. Commercial • Fostering the indirect sales market in order to exploit the EGF's proprietary standardize products
Slide 29: 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 30: FAE Technology
I-AE TECHNOLOGY
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