Big Digital Energy, Inc. · NASDAQ:BGDE
Big Digital Energy — Mawson Infrastructure Group — Q2 2022 Earnings Presentation
17 slides from Big Digital Energy's earnings presentation, August 2022
Slide 1: Q2 FY2022 Investor Presentation
NASDAQ: MIGI THE DIGITAL ASSET COMPANY August 2022 Q2 FY2022 Investor Presentation Q2 2022 Investor Presentation
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER differ materially from those projected or suggested. Readers are your investment. The risks and uncertainties we describe are not the Information contained herein is derived from various internal and cautioned not to place undue reliance on these forward-looking only ones facing us.
Slide 3: Mawson at a glance
Mawson Focused on Bitcoin Self-Mining, Hosting Co-location services and Energy at a glance Markets, Mawson’s integrated model is based on a long term strategy to assist in the global transition to a digital and decarbonised society. ANTICIPATED SELF-MINING & HOSTING FULLY PAID & DELIVERED BITCOIN HO
Slide 4: Q2 FY2022 Headline Results
Headline Results Q2 FY2022 Financial Highlights Operational Highlights Strategic Highlights Δ (Q2 FY2021) Mawson to become 33% 230MW 230-Megawatt Sandersville, Revenue $19.8M +236% GA facility expansion commences (~7.5EH) 33% shareholder in Tasmania Data Infrastructure, developer of a large-scale hy
Slide 5: Q2 FY2022 Summary
Q2 FY2022 June 30, 2022 Balance Sheet 1 Summary Q2-22 ($M) Q1-22 ($M) Δ ($M) Revenue ($M) ASSETS 19.5 19.4 19.8 Cash and cash equivalents $2.5 $5.8 ($3.3) 10.9 5.9 Property and equipment, net $148.9 $102.5 $46.4 Equipment deposits $2.8 $41.7 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 ($38.9) Derivative
Slide 6: Mawson Self-Mining
Mawson Self-Mining Anticipated Q4 Anticipated July 2022 Δ Δ 20221 20232 Capacity (MW) 2 590 MW 800 MW +210 MW 1,000 MW +200 MW Total Exahash (EH) Online 1.7 EH 2.3 EH +0.6 EH 5.5 EH +3.2 EH BTC Mining Production / day 7.5 BTC /day1 10.5 BTC /day1 +3.0 BTC 24.5 BTC /day +14.0 BTC Annualised Revenue1
Slide 7: Mawson Hosting Co-location
Mawson Mawson leverages its surplus infrastructure capacity to generate an additional revenue stream, comprising Hosting Co-location hosting co-location services. Anticipated Q4 Anticipated July 2022 Δ Δ 20221 20231 Contracted Hosting Customers (MW) 100 MW 120 MW +20MW 200 MW +80MW Hosting Exahash (
Slide 8: Mawson Energy Demand Response
Mawson Energy Demand Response 11,264 MWh with Total Load Reduction FY 2022 year to date Mawson engages in Energy Demand Response Programs across its operations, releasing energy 7,488 Tonnes of CO2 capacity back into the grid and curtailing as part emissions avoided of its overall power management s
Slide 9: Secure Energy Pipeline
Secure Energy Pipeline Texas Lease term USA 120MW 15 Years Sandersville, GA Energy Infrastructure underpins future growth USA 230MW 26 Years We focus on identifying stranded and distressed energy infrastructure Midland, PA 100 100MW +20 20MW 15 Years USA MW MW Over 500MW pipeline of energy projects
Slide 10: Compelling Bitcoin Mining Facilities
Compelling Bitcoin Mining Facilities Current Current Exahash Current Future potential Future potential Modular Data Capacity MW capacity MW capacity Exahash Capacity Centre Capacity Lease Term Tenancy Type Energy Mix Sharon, PA 4.0 EH 120 MW - - 60 15 Years Long-term lease TBC USA Sandersville, GA 7
Slide 11: Mawson's Infrastructure First Approach
Mawson’s Infrastructure First Approach 1 2 3 4 Strict ROIC Modular Data Centre Long-term ESG & Social assessment of sites (MDC) IP agreements Impact focus • High quality, stable and • Design allows for rapid • Secured long-term agreements • Target sites that satisfy a Net Zero Carbon supportive juri
Slide 12: ESG Focus
ESG Focus Net Zero Carbon Socially Engaged Governance Framework Georgia, USA A responsible, accountable and ethical 22,277 • Platinum sponsor of School Athletics Programs approach to corporate governance underpins Tonnes of C02 Offsets purchased • Mawson Group Academic Scholarship the way we do busi
Slide 13: Highly experienced Management & Board
Highly experienced Management & Board Key employees Board Ariel Sivikofsky Liam Wilson Nick Hughes-Jones Greg Martin James Manning Chief Financial Officer Chief Operating Officer Chief Commercial Officer Independent Non-Executive Chair Founder & CEO FCA with over 25 years 16 years experience in 15 y
Slide 14: Mawson Register
Mawson Register High Insider ownership Market capitalisation Board and Management 19% $80M Based on share price as at 15 August, 2022 Ticker NASDAQ:MIGI 24% Share price $0.99 External Shares outstanding 81,241,906 Investors 81% 76% Q2 2022 Investor Presentation 14
Slide 15: Mawson Infrastructure Group: A strong platform for sustainable growth
Mawson Infrastructure Group A strong platform for sustainable growth Rapid Growth Bitcoin Self-Mining and Hosting Strategic Purpose Investments, Inc and Scale Co-location growth Relationships Canaan Inc (NASDAQ:CAN) 0.2 EH in July 2021 Texas Pacific Land Corporation 3.5 EH in July 2022 (NYSE:TPL) 5.
Slide 16: Reconciliation of Non-GAAP Metrics
Reconciliation of Non-GAAP Metrics Q2 EBITDA + Gross Profit Q2 Balance Sheet Pages 4/5 identifies some non-GAAP financial metrics, which require reconciliation to Page 5 identifies some non-GAAP financial metrics, which require reconciliation to the statutory GAAP numbers. We set them out as follows
Slide 17: Head Office / Investor Relations
Head Office Level 5, 97 Pacific Highway North Sydney, NSW, Australia, 2060 info@mawsoninc.com Investor Relations Brett Mass Hayden IR mawson@haydenir.com Q2 2022 Investor Presentation
Mawson Infrastructure Group — Q2 2022 Earnings Presentation on 6ix