Wide Open Agriculture Ltd. · ASX:WOA
Wide Open Agriculture — Investor Presentation (June 2024)
18 slides from Wide Open Agriculture's investor presentation, Jun 24, 2024
Slide 1: Wide Open Ingredients Investor Presentation | June 2024
For personal use only Wide Open Ingredients Investor Presentation | June 2024 ASX: WOA FRA: 2WO
Slide 2: Important Notice and Disclaimer
Disclaimer Important Notice and Disclaimer This document has been prepared as at 24 June 2024 and is based on information provided by Wide Open Agriculture Limited (ASX: WOA) (the Company) and includes non-public information on the business and operations of the Company and its related bodies corpor
Slide 3: Disclaimer: Forward-looking statements
Disclaimer Forward-looking statements This presentation contains reference to certain intentions, expectations, future plans, strategy and prospects of the Company. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions,
Slide 4: Company Snapshot
Company Snapshot For personal use only Our Company: Our USP: Our Hero Product: We supply Patented Agri- Buntine Protein® - breakthrough Tech process & a lupin-based plant-proteins suite of IP that plant protein with to the food enhances plant unmatched industry proteins for the benefits in health, f
Slide 5: Our Journey & Transition
Our Journey & Transition Our Journey Our Transition 2020 2021 2022 2023 2024 Why Did We Pivot To Plant-Proteins? For personal use only $11.5m Feedback from the food industry was very positive $9.3m Structural growth drivers in the plant protein market $4.3m Higher margins & accelerated path to futur
Slide 6: Our Portfolio Of Novel Ingredients
Our Portfolio Of Novel Ingredients Protein Products % Applications R&D Available Initial Sales Plant based dairy, Protein powders and For personal use only Lupin Protein – BP80F 85% health snacks, Meat analogues, Egg Buntine Protein® Protein replacements, Baked goods, Noodles, Dips 90% Plant based d
Slide 7: The Food Industry Needs New Proteins
The Food Industry Needs New Proteins For personal use only Livestock Seafood Accounts for 60% of all 35% of fish stocks have greenhouse gases from been fished beyond food production2 sustainable limits1 Heavy land, pollution Overfishing is impacting and water use entire ecosystems Current Plant-base
Slide 8: Breakthrough protein that Benefits People & Planet
Breakthrough protein that Benefits People & Planet For personal use only Better For People Buntine Protein® is the most neutral tasting plant protein on the market Creates ‘clean label’ food & drink products without artificial additives & ingredients Non-GMO, Gluten free, Low GI, Low fat, Low sugar
Slide 9: Our Competitive Edge
Our Competitive Edge For personal use only High Performance Clean Label Buntine Protein® offers Buntine Protein® enables a higher techno-function reduced ingredient list & than traditional plant-proteins offers cost savings B2B Model Eco-Credentials Developing consumer products Our lupin products im
Slide 10: Building Valuable IP Around Lupins
Building Valuable IP Around Lupins Our Initial Breakthrough For personal use only Today’s Lupin Previous Barriers WOA’s IP High Function Unlocks Applications 96% of global supply is Lupins have a distinct flavour WOA’s novel technology unfolds A stable network is formed Lupin then becomes suitable c
Slide 11: Leveraging Our Technology For Innovation & Value
Leveraging Our Technology For Innovation & Value New Fibre Product For personal use only Optimising Our Facility Fibre is a by-product of our lupin protein manufacturing process Potential commercial opportunities to Our IP turns this waste product into an provide contract manufacturing services addi
Slide 12: State of the art facility in Germany
State of the art facility in Germany Commercial For personal use only Manufacturing WOA is the world’s leading lupin protein isolate producer WOA purchased German assets for A$4.2m cash Estimated $17.6m replacement value for manufacturing assets Other benefits Secured software assets & technical inf
Slide 13: Production Capacity Targets
Production Capacity Targets Near Term Targets Future Targets2 Benchmark Pricing Examples (Additional CAPEX) For personal use only 2500 Lupin Protein Lupin Fibre Fibre: 2 x Buntine Pea Protein 2000 A$6,500 Per Tonne1 Fibre: Production Level (tpa) 2 x Buntine 1500 We have a 400tpa pipeline 1,000tpa 10
Slide 14: We Are Focused on Sales & Have Momentum
We Are Focused on Sales & Have Momentum… For personal use only 400tpa Pipeline 9 Sales 20+ Wins 70+ 1st WOA has a est. WOA has received Achieved over 20 Food manufacturers The first commercial 400tpa sales pipeline, 9 non-material sales design wins – meaning are currently launch of products and is a
Slide 15: Our Strategic Imperatives
Our Strategic Imperatives For personal use only 1 Secure large commercial sales 2 Increase utilisation of German facility 3 Commercialise Lupin fibre 4 Develop additional revenue streams (pea, faba) 5 Continue our IP development
Slide 16: Key Takeaways: Why Invest Now?
Key Takeaways Why Invest Now? For personal use only 1 New company. New opportunity Development & manufacturing have been de-risked, we are focused on achieving large commercial sales 2 Superior plant-based proteins 3 Strong IP unlocking additional products WOA’s enterprise value is A$4.5m, approx. t
Slide 17: Structure & Team
Structure & Team Current Capital Structure WOA For personal use only Last Price1 $0.018 CEO Founder & Chairman Shares Outstanding (m)2 550 – 679m Mathew Skinner Anthony Maslin Market Capitalisation (m)2 $9.9 - $12.2m With a Finance and Management Anthony is an entrepreneur career spanning Australia,
Slide 18: Thank You.
For personal use only Thank You. Matthew Skinner Interim Chief Executive Officer M: (+61) 0468 303 620 E: matthew.s@wideopenagriculture.com.au
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