Slide 1: Vmoto Limited Presentation September 2013
For personal use only Vmoto Limited Presentation September 2013 www.vmoto.com
Slide 2: Disclaimer
Disclaimer IMPORTANT NOTICE For personal use only The information contained in this presentation is current as at 30 August 2013 and is provided by Vmoto Limited (ABN 36 098 455 460) (“Vmoto”) as a summary document for information purposes only. Any forward looking statements included in this presen
Slide 3: Company Overview
Company Overview • Global scooter manufacturer, specialising in electric powered scooters - Chic European design and German engineering coupled with low cost Chinese manufacturing For personal use only - Operating in burgeoning global market • Heading into profit – June ~$80,000 NPAT. Estimated NPAT
Slide 4: Corporate overview
Corporate overview For personal use only • Directors and senior management • Shareholders – Simon Farrell – Non-Executive Chairman – Management – 9.6% – Charles Chen – Managing Director – UK institution and retail – 8.7% – Ivan Teo – Finance Director – Australian retail – 81.7% – Olly Cairns – Non-E
Slide 5: Current operations – on track
Current operations – on track • PowerEagle – Contract worth up to A$86m gross revenue by end of 2015 – Delivered ~6,300 units Q4 2012, ~8,700 units delivered in Q1 For personal use only 2013 and ~13,400 units in Q2 2013 – Production remains on track to produce 42,000 units in 2013 – Vmoto’s own prod
Slide 6: China's Electric Two Wheel Vehicle Market - Overview
China’s Electric Two Wheel Vehicle Market - Overview • Electric two wheel vehicle market in China – Definition of electric two wheel vehicle: electric bicycle, electric scooter and electric motorcycle – Currently, there are more than 140 million electric two wheel vehicles in use in China For person
Slide 7: Vmoto in China – Focused on Huge Market Potential
Vmoto in China – Focused on Huge Market Potential • Vmoto launched six new models of two wheel electric vehicle products in China – Co-exhibited its new models of electric two wheel vehicle products with its parts supplier, Taizhou Quanshun Motor Co, Ltd in Henan Province, China For personal use onl
Slide 8: Vmoto store roll out in China
Vmoto store roll out in China • 3 stores already opened since June 2013 – Vmoto opened 2nd and 3rd retail store in Jurong City, Jiangsu Province and Lishui For personal use only District, Nanjing – Both in close proximity to Vmoto’s Nanjing Manufacturing Facilities, enables Vmoto to launch latest pr
Slide 9: China expansion opportunities
China expansion opportunities • Trial of electric four-wheel cleaning vehicles to government in Jianye District, Nanjing – Expansion of product offering in the electric vehicle market – Important government relationships being developed For personal use only – Nanjing hosting 2014 Youth Olympics – o
Slide 10: Conclusion
Conclusion • Production for major customers remains on track – June 2013 maiden profit leading to estimated For personal use only A$300k – A$600k annual profit for year ending 31 December 2013 • Manufacturing facilities and licences in China, global distribution network and proprietary technology •
Slide 11: Appendices
Appendices For personal use only www.vmoto.com 11
Slide 12: Directors and Senior Management
Directors and Senior Management • Simon Farrell– Non-Executive Chairman (London) - Former Managing Director of Coal of Africa – grew to $1 billion market cap For personal use only - 30 years’ experience in global business • Charles Chen – Managing Director (China) - Ex-Honda Sundiro Management, 18 y
Slide 13: Financial Information (1)
Financial Information (1) Summary of consolidated profit & loss Year ended Year ended 6 mths ended * Half year ended 30 June 2011 30 June 2012 31 Dec 2012 30 June 2013 For personal use only A$ million A$ million A$ million A$ million Audited Audited Audited Audited Revenue from sale of goods 7.1 8.2
Slide 14: Financial Information (2)
Financial Information (2) Summary of consolidated 30 Jun 2011 30 Jun 2012 31 Dec 2012 30 Jun 2013 For personal use only balance sheet A$million A$million A$million A$million Audited Audited Audited Audited CURRENT ASSETS Cash and cash equivalents 0.7 1.2 1.8 0.9 Trade and other receivables 1.4 1.7 1
Slide 15: Financial Commentary
Financial Commentary • Financial Performance For personal use only - Loss after tax for the six months ended 31 December 2012 approximately A$1.2 million. Forecast profit between A$300k – A$600k in year ending 31 December 2013 • Cash - Cash at Bank as at 30 Jun 2013 approximately A$900k (unaudited)
Slide 16: Chinese Manufacturing Facility
Chinese Manufacturing Facility • Located in Lishui District, Nanjing, China – a special economic and industrial zone for manufacture of For personal use only small vehicles • Operates under its own manufacturing license, key to winning PowerEagle contract, significant intangible value • Stage 1 and
Slide 17: European Operations
European Operations • After Sales Service and Marketing centre for Europe currently based in Bremen, Germany For personal use only • Services Vmoto’s key customers in Europe • Provides spare parts and technical support in a timely and efficient manner • Participates in prestigious exhibitions such a
Slide 18: The Vmoto Product
The Vmoto Product Chic European For personal use only Design Average charging High power time of 3-5 hours (80km/h) Long battery life Long range (up to 1,000 (up to 140km) recharges) Model: 120LD Low running cost Zero emission (4kwh for 100km – €0.80) www.vmoto.com 18
Slide 19: Vmoto Products – 80L Main Features
Vmoto Products – 80L Main Features European Design For personal use only Water-proof LCD speedometer LED Lights Alum. Frame Moveable battery pack www.vmoto.com 19
Slide 20: Batteries and charging
Batteries and charging • Currently silicone & lithium battery packs used For personal use only – Modular design – High energy density – Intelligent cooling system • Moveable battery packs (on certain models) • On board smart chargers • Average range – 45km to 140km • Average charging time – three to
Slide 21: Vmoto Key Customers
Vmoto Key Customers Name Description PowerEagle Chinese company based in Shanghai, China and specialises in electric bicycles/scooters/ For personal use only motorcycles. Brand name well known in China for product development and quality control E-Tropolis Germany electric vehicle company based in B
Slide 22: Vmoto in China
Vmoto in China For personal use only www.vmoto.com 22
Slide 23: New Models of Electric Two Wheel Vehicle Products
New Models of Electric Two Wheel Vehicle Products For personal use only www.vmoto.com 23
Slide 24: Contact
Contact For personal use only www.vmoto.com • Charles Chen, Managing Director – +86 139 1338 8886 – charles@vmoto.com.cn • Olly Cairns, Non-Executive Director – +61 (8) 9226 3865 – olly@vmoto.com 24