Ebusco Holding N.v. · EURONEXT:EBUS
Ebusco — FY2024 Earnings Presentation
15 slides from Ebusco's earnings presentation, 2025
Slide 1: Full Year Results 2024
FULL YEAR RESULTS 2024 1
Slide 2: Today's Speakers
TODAY’S SPEAKERS Christian Schreyer Jan Piet Valk CEO CFO ad interim 2
Slide 3: Cautionary Statement
CAUTIONARY STATEMENT Any forward-looking statements in this presentation refer to future events and may be expressed in a variety of ways, such as “expects”, “projects”, “anticipates”, “intends” or other similar words (“Forward-looking statements”). Ebusco Holding N.V. (“Ebusco”) has based these for
Slide 4: Agenda
AGENDA What we will cover today 01 Overview 2024 02 Management Update 03 Operational Review 2024 04 Financial Review 2024 05 Q&A 4
Slide 5: 2024 – A year of transition
2024 – A year of transition Characterized by significant changes and events • 2024 has been an extremely challenging year for Ebusco • Production came to an almost standstill and various order cancellations led to a reversal of revenues • This reversal of revenues, in combination with costs assumed
Slide 6: Management Update – Our Key Focus Points
MANAGEMENT UPDATE – OUR KEY FOCUS POINTS Continue the execution of our Turnaround Plan • Significant progress has been made in optimization of our production footprint, including the transition to a full OED model • To maintain full flexibility, Ebusco can now also produce casco monoparts at one of
Slide 7: Operational Review
OPERATIONAL REVIEW Strategic shift from an OEM to an OED operating model 157 buses delivered in 2024 74 of the canceled buses reassigned to other customers Order book of 581 buses at year-end, securing production utilization into H1 2026 7
Slide 8: Order Book
ORDER BOOK 1 The table below shows a summary of the bus orders end of year 2024. BUSES 2 ENERGY Product Contract Call off Option Total Product Fixed Option Total Ebusco 2.2 79 168 247 Mobile Energy Container (MEC) 20 20 Ebusco 3.0 257 77 334 Ebusco Maritime Battery (EMB) 2 2 Ebusco Charging System (
Slide 9: Financial Review
FINANCIAL REVIEW Unaudited 2024 revenue arrived at €10.7 million, predominately due to the production halt and cancellations in the second half of 2024 which led to a reversal of turnover EBITDA loss of €132.6 million, reflecting operational challenges Net loss for the year of €200.8 million 9
Slide 10: Q&A
Q&A YOU CAN ASK YOUR QUESTIONS
Slide 11: Appendices
APPENDICES
Slide 12: Profit and Loss Statement
PROFIT AND LOSS STATEMENT Unaudited 2024 YE Summary of financials (€k) 2023 YE Change (unaudited) Revenues 10,665 102,440 (91,775) Cost of materials (45,267) (109,288) 64,021 Gross profit (34,602) (6,848) (27,754) Employee benefit expenses (42,501) (38,467) (4,034) Other operating expenses (55,532)
Slide 13: Cash Flow Statement
CASH FLOW STATEMENT Unaudited 2024 Summary of financials (€k) 2023 Change (Unaudited) EBITDA (132,632) (95,733) (36,899) Increase (decrease) provisions 1,580 8,863 (7,283) Change in NWC 87,916 (16,935) 104,851 Gain/ (Loss) on disposal of PP&A - 75 (75) Income tax paid (39) (69) 30 Cash flow from ope
Slide 14: Balance Sheet
BALANCE SHEET Unaudited 2024 Summary of financials (€k) 2023 Change (Unaudited) Intangible fixed assets 5,376 49,888 (44,512) Tangible fixed assets 33,985 38,299 (4,314) Financial fixed assets 3,670 3,161 509 Total fixed assets 43,031 91,349 (48,318) Contract assets and inventory 125,246 174,181 (48
Slide 15: Ebusco – Made to Move People
EsSUSCO” MADE TO MOVE PEOPLE www.ebusco.com