Slide 1: Tecogen Investor Presentation
TECOGEN INVESTOR PRESENTATION OTC: TGEN ABINAND RANGESH, CEO/CFO
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation and accompanying documents contain “forward-looking statements” which may describe strategies, goals, outlooks or other non- historical matters, or projected revenues, income, returns or other financial measures, that may include words such as "believe," "expe
Slide 3: Market Drivers of the Future
MARKET DRIVERS OF THE FUTURE Climate change, water Resiliency will become shortages, fertilizer prices and increasingly important due to trucking emissions will drive extreme weather events or food production indoors and utility power disruption closer to consumers Clean Cooling will Utility tariffs
Slide 4: Our solutions provide resiliency and energy savings with a clean environmental footprint
Units Shipped Our solutions provide resiliency and energy savings with a clean environmental footprint
Slide 5: Power Generation + Resiliency
POWER LOW CARBON GENERATION + INDOOR RESILIENCY AGRICULTURE Modular microgrids for Boosting plant growth with CO 2 energy savings, exhaust recycling and our greenhouse gas (GHG) Ultera® Emissions system reductions and resiliency to grid outages CLEAN COOLING Chillers with lower operating cost and lo
Slide 6: Enabling Low Carbon Agriculture
ENABLING LOW CARBON AGRICULTURE TECOGEN CLEAN COOLING SOLUTIONS Cooling Hot water for cleaning, heating and humidity control CO2 to boost plant growth Runs on natural gas engine. 90% less land and water Hybrid drive chiller (launch usage 2023) will blend utility or solar power with natural gas >15x
Slide 7: Exhaust CO2 Recycling
EXHAUST CO2 RECYCLING GREEN COOLING: CO2 INJECTION + TECOCHILL LOW CARBON CHILLER Plant Growth Rate with CO2 Injection (%) 350 Plant Growth Rate (%) 300 CO2 emissions 250 reductions of 600 metric 200 tons, equivalent to 130 cars removed per chiller Tecochill CO2 Recycling 150 per year 100 50 0 0 200
Slide 8: Growth Strategy – Indoor Agriculture
GROWTH STRATEGY – INDOOR AGRICULTURE TECOGEN INDOOR GROW SOLUTIONS $30Bn CEA OFFERS THE MOST PRECISE CLIMATE 2025 CONTROL, LOWEST COST OF OPERATION US Market1 AND THE LOWEST CARBON FOOTPRINT Use existing market share to expand into new states and increase solutions for cannabis, leafy greens and vin
Slide 9: Other Key Market Segments
OTHER KEY MARKET SEGMENTS Nationwide Market Potential per year Indoor agriculture provides the largest growth potential for Tecogen as this segment expands Multi-Family, $100 M beyond cannabis and food crops are grown Food, $137 M indoors. Fitness and Rec, $61 M Process applications with simultaneou
Slide 10: Revenue Segments
REVENUE SEGMENTS PRODUCT SALES SERVICES Sales of microgrid, We service most purchased cogeneration, and clean Tecogen equipment in operation cooling systems. through long term maintenance agreements. We have 11 service CLEAN, GREEN centers in North America and RELIABLE POWER, perform certain equipme
Slide 11: YE 2021 Results
YE 2021 RESULTS $ in thousands YE 21 YE 20 YoY Change % Highlights Revenue • Net Income of $0.15/share YE 2021 Products $ 10,133 $ 11,467 $ (1,333) • Net Income $3.69m Service 12,526 14,951 (2,425) Energy Production 1,739 1,837 (98) Total Revenue 24,398 28,254 (3,856) -13.6% Revenue = $24.39 million
Slide 12: Long Term Recurring Revenues
LONG TERM RECURRING REVENUES RECURRING REVENUE STREAMS: 55% OF OVERALL REVENUE, >7% ANNUAL GROWTH RATE Service Revenue by Quarter $3,500,000 $3,000,000 $2,500,000 Revenue ($) $2,000,000 $1,500,000 $1,000,000 $500,000 $- Service contracts 12
Slide 13: Strong Fundamentals Compared to Peers
STRONG FUNDAMENTALS COMPARED TO PEERS STRONGER FUNDAMENTALS Bloom Tecogen Capstone BE TGEN CGRN (FY 21) (YE 21) (9 Months 21) Gross Profit Margins 20% 48% 14% Operating Profit Margins -12% -5.3% -22% LT Debt to Equity Ratio 24.09 0.18 4.76 EPS -$0.95 $0.14 -$0.92
Slide 14: Pathway to Growth
PATHWAY TO GROWTH Carbon Reuse in Indoor Agriculture – Exhaust CO2 recycling in indoor grow facilities to boost plant growth and offer a low carbon solution. 2022 TO Anticipate Introduction of Tecochill Air Cooled Chillers that incorporate 2023 the Tecogen hybrid drive technology by Q1 2023. This ad
Slide 15: Facts About Us
FACTS ABOUT US 1,968,913,337 52,156,171 200,000+ 3,000+ #3 KWH GENERATED PRODUCT RUN METRIC TONS OF CO2 DISTRIBUTED NUMBER OF HOURS SAVED GENERATION AND OPERATIONAL U.S. CHILLERS SHIPPED MICROGRIDS IN 2019 15
Slide 16: Leadership Team
LEADERSHIP TEAM Abinand Rangesh is the CEO and a member of the Company’s Board of Directors. Prior to his appointment as CEO he was the CFO of the company since 2021. He has been with the Company since 2016 and has held roles in various divisions including sales, business development and strategy. P
Slide 17: Leadership Team
LEADERSHIP TEAM Joseph Gehret is our Chief Technical Officer. Mr. Gehret is responsible for leading technology development at Tecogen and defining the company’s research and development efforts. With an expansive depth and breadth of classic, as well as cutting edge technology, he has been integral
Slide 18: Board Members
BOARD MEMBERS JOHN HATSOPOULOS ANGELINA GALITEVA AHMED GHONIEM EARL R LEWIS III FRED HUBLOW JOHN ALBERTINE Lead Director Chairperson Director Director Director Director Mr. Hatsopoulos is Lead Director of Ms. Galiteva has been the Dr. Ghoniem has been a member of Earl R. Lewis III has served as Fred