Slide 1: XTPL S.A. Financial Results for 1Q2022
XTPL S.A. FINANCIAL RESULTS FOR 1Q2022 XTPL S.A. Filip Granek, CEO Autor: MayData: 18, 2022 19 październik 2019 xtpl.com
Slide 2: XTPL at Glance
XTPL AT GLANCE XTPL is a global player, developer and provider of breakthrough and unprecedented technology for electronics manufacturers, enabling effective production of new generation devices Founded in 2015, based Targeted and effective Implementation of in Poland and USA strategy focused on com
Slide 3: Agenda
AGENDA 1. 2. EXECUTIVE FINANCIAL RESULTS SUMMARY 3. 4. 5. COMMERCIALIZATION TECHNOLOGY SUMMARY xtpl.com 3
Slide 4: Executive Summary
EXECUTIVE SUMMARY Q1 2022 – summary • sales revenues increase to EUR 200 thousand from EUR 14 thousand a year earlier on the back of commercialization of XTPL solutions for already two (out of three) business lines and maintenance of the optimum level of operating costs • completing nine technology
Slide 5: Financial Performance – Q1 2022 Summary
FINANCIAL PERFORMANCE – Q1 2022 SUMMARY * figures in EUR thousand Q1 2022 Q1 2021 Revenue from sales 200 14 • increase in revenues from the sale of products – after Q1, sales are 45% of the total sales in 2021 Grants (reimbursement and advances) 233 213 • total grant proceeds broadly the same YoY Op
Slide 6: Financial Performance – Q1 2022 Summary
FINANCIAL PERFORMANCE – Q1 2022 SUMMARY * figures in EUR thousand • strong sales growth • significant change in customer base in favor of industrial customers • commencement of paid phases of industrial projects • increase in sales of consumables for DPS users • successful acquisition of grants • si
Slide 7: Cash Flow
CASH FLOW * figures in EUR thousand xtpl.com 7
Slide 8: XTPL Grant Projects
XTPL GRANT PROJECTS An international technological project in which XTPL is involved. The project aims to 1Q2022 develop a new technology for the production of microLED displays using selected additive techniques, including the UPD technology • Implementation period: 24 months • Total Project value:
Slide 9: Mega Trends of the Electronics Markets
MEGA TRENDS OF THE ELECTRONICS MARKETS Miniaturization of the size and weight of electronic devices while increasing efficiency and speed of operation Changing the forms and properties of consumer electronics : • flexibility • new shapes, including three-dimensional forms Ecology: • saving materials
Slide 10: Platform Character
PLATFORM CHARACTER • USD 47.1bn - value of the global market of printed, flexible and organic electronics in 2021, up 14.0% YoY ADVANCED ELECTRONICS • USD 63.3bn - estimated value of this market in 2025, with USD 74.1bn estimated in 2030 • 9.0% - CAGR 2020–2025 OLED DISPLAYS ADVANCED INTEGRATED CIRC
Slide 11: Company Development Phase
COMPANY DEVELOPMENT PHASE NEXT STEP CURRENT PHASE • integration of XTPL Printing INITIAL TECHNOLOGY • Research & Development Module to industrial DEVELOPMENT PHASE • rapid prototyping equipment • commercialization of the Delta • continuous supply of ink Printing System and XTPL nanoinks and nozzles
Slide 12: Global Range of Activity
GLOBAL RANGE OF ACTIVITY XTPL is based in Poland and in the USA (XTPL Incorporated). The Company is in talks with global players and is currently commercializing its products on the markets of North America, Europe and Asia. XTPL acquired business partners in South Korea, China and Hong Kong, Britis
Slide 13: International Business Partners
INTERNATIONAL BUSINESS PARTNERS XTPL DISTRIBUTORS BANDI CONSORTIA YI XIN SEMITRONICS MERCONICS* VERTEX* (South Korea) (China and Hong Kong) (British Isles) (Germany) (India) XTPL has established XTPL is expanded its presence in XTPL intends to introduce its Merconics will promote XTPL XTPL started c
Slide 14: XTPL Products
XTPL PRODUCTS Microelectronics rapid prototyping possibilities to the feature sizes and applications previously unavailable to other printing techniques HIGH-RESOLUTION DELTA HIGHLY- HIGHLY- „EPSILON” PRINTING CONCENTRATED CONCENTRATED PRINTING MODULE SYSTEM NANOINKS NANOINKS FOR INTEGRATION ▪ print
Slide 15: Current Industrial Project Pipeline
CURRENT INDUSTRIAL CURRENT INDUSTRIAL PROJECT PIPELINE PROJECT PIPELINE (only projects in Stage 2 and above shown) (only projects in Stage 2 and above shown) STAGE 0 STAGE 1 STAGE 2 STAGE 3 STAGE 4 STAGE 5 INDUSTRY AND PARTNER / Base-technology Initial contact and Technology Evaluation Technology In
Slide 16: Delta Printing System: Commercialisation and Pipeline
DELTA PRINTING SYSTEM: COMERCIALISATION AND PIPELINE 1Q’2022 1Q’2022 Until the first industrial implementation, the company decided to sell its products in the form of a printer and nanoinks in order to OFFER MADE DEMO PROJECTS AND SALES CONTRACT SIGNED TO A POTENTIAL CLIENT NEGOCIACIONS IN TOTAL* s
Slide 17: Nanoinks: Commercialisation and Pipeline
NANOINKS: COMERCIALISATION AND PIPELINE SAMPLE SENT TO SALES CONTRACT OFFER MADE TO A POTENTIAL CLIENT AND SIGNED AND PRODUCT POTENTIAL CLIENT NEGOTIATIONS DELIVERED 17 5 6 Key milestones: • 6 independent orders from USA and EMEA region • 37 orders from the beginning of the commercialization process
Slide 18: Starting the Collaboration with Nano Dimension, the First Industrial Partner
STARTING THE COLLABORATION WITH NANO DIMENSION, THE FIRST INDUSTRIAL PARTNER • On January 10, 2022, XTPL entered into a cooperation agreement with Nano Dimension Ltd. • Collaboration to develop a special formulation of conductive ink for the devices manufactured and supplied by Nano Dimension • The
Slide 19: Implementation of the First Strategic Agreement with the University of Brescia
IMPLEMENTATION OF THE FIRST STRATEGIC AGREEMENT WITH THE UNIVERSITY OF BRESCIA • Starting strategic cooperation with the University of Brescia in Italy – UniBs (22 March 2022), following technology evaluation based on the Delta Printing System purchased in 2021 • Developing an innovative method of p
Slide 20: nScrypt – Private Label Agreement
NSCRYPT – PRIVATE LABEL AGREEMENT • On April 5, 2022, XTPL strengthens cooperation with nScrypt Inc. by concluding a private label agreement. • XTPL’s Ag Nanopaste CL85 will be added to nScrypt’s product offer and will be marketed to nScrypt’s production system users from medical device, defense and
Slide 21: Technology and R&D – Summary of Q1 2022
TECHNOLOGY AND R&D – SUMMARY OF Q1 2022 Key achievements and progress in research & development in Q1 2022 Since the beginning of 2022, XTPL took an active part in six international industry events: • Development of software controlling the Delta Printing System – the ability to import designs for p
Slide 22: Intellectual Property Protection – Summary
INTELLECTUAL PROPERTY PROTECTION – SUMMARY XTPL’s global solutions are being systematically secured by expansion of the patent INTELLECTUAL cloud. Intellectual property is a product and a competitive advantage, while PROPERTY development of the patent cloud has a major impact on the Company’s value
Slide 23: Analytical Coverage by Stifel Europe Bank AG
ANALYTICAL COVERAGE BY STIFEL EUROPE BANK AG Stifel Europe Bank AG is European institution in the financial services sector specializing in the areas of equity brokerage, investment banking and fixed income. The scope of its analysis currently covers shares of 400 companies, mainly from Europe. XTPL
Slide 24: War in Ukraine - Impact on XTPL
WAR IN UKRAINE - IMPACT ON XTPL MARKET IMPACT IMPACT ON INTERNAL ACTIVITIES The war in Ukraine did not change XTPL's operating model. The Company and its employees undertook a number of activities to help Ukrainian war The Company has not been affected by any impact of the refugees, for example: con
Slide 25: Why XTPL? – Summary
WHY XTPL? – SUMMARY XTPL is a global player in the rapidly growing printed electronics market, with a targeted development strategy, an interdisciplinary team of experts and support from stable shareholders. It offers global business partners the world’s most precise, platform printing technology, p
Slide 26: Thank You
CONTACT FOR INVESTORS: investors@xtpl.com XTPL S.A. Stabłowicka 147 54-066 Wrocław, Poland xtpl.com THANK YOU
Slide 27: Disclaimer
DISCLAIMER This presentation has been prepared by XTPL S.A. (“Company”) for the sole purpose of giving an introduction on the business of the Company. The presentation: • has selected information; it does not give a comprehensive description of business or financial analysis of the Company; • is not