CEA Industries Inc. · NASDAQ:BNC
CEA Industries — Investor Presentation (August 2023)
15 slides from CEA Industries's investor presentation, August 2023
Slide 1: A Platform for Agricultural Innovation
A PLATFORM FOR AGRICULTURAL INNOVATION August 2023 Presentation
Slide 2: Disclaimer
DISCLAIMER Forward Looking Statements This investor presentation may contain statement of a forward-looking nature relating to future events. These forward-looking statement are subject to the inherent uncertainties in predicting future results and conditions. These statement reflect our current bel
Slide 3: CEA Services & Solutions
COMPANY OVERVIEW CEA SERVICES & SOLUTIONS Headquarters: Louisville, CO Equipment and Licensed Architectural End Markets include both & MEP Engineering Cannabis & Traditional Control Systems Agriculture Most Services Performed under Operating Subsidiary, Surna Cultivation “One-stop-shop” services and
Slide 4: Controlled Environment Agriculture
CONTROLLED ENVIRONMENT AGRICULTURE 40%+ 70%+ arable land has suffered global freshwater farming degradation used by agriculture – PNAS, 2018 – Worldbank, 2019 CEA is capable of increasing output yield by 10-50x versus traditional field farming. 4 Nasdaq:CEAD
Slide 5: CEA Demand Is Growing
CEA DEMAND IS GROWING 68% 95% $600M $122.3B of global consumers of US single urban Invested into CEA, The Global CEA prefer locally branded households are including Softbank, Market is projected vegetables willing to pay more Jeff Bezos, and to reach $122.3 Billion for local food Google Ventures by
Slide 6: Engineering Services and Solutions
ENGINEERING SERVICES AND SOLUTIONS Services CEA Industries provides both turnkey and a la carte services and solutions. Installation Preventive Support Maintenance Ancillary Equipment MEP (Lighting, Benching, Engineering Water Treatment etc.) Floor Plans & Environmental Architectural Systems & Desig
Slide 7: Customer Landscape
CUSTOMER LANDSCAPE Surna primarily targets medium and large sized operators as well as small multi-state operators across the US and Canada United States Canada Large Multi-State Operator Large Multi-State Operator Public multi-state operators in numerous states. Top 10 market share across most lega
Slide 8: Project Timeline
PROJECT TIMELINE 5 MONTHS: Equipment ordered (40% deposit on equipment received prior to ordering) 4-5 MONTHS: 1-2 MONTHS: 12-18 MONTHS: Architectural and MEP engineering work Proposal development completed and equipment selections finalized All equipment shipped and installed, project completed, op
Slide 9: Financial Overview
FINANCIAL OVERVIEW Revenue Operating Income (Loss) Revenue $15.2M $0.0M $13.6M $11.3M -$1.3M $9.6M -$2.0M $7.9M $7.6M $8.5M -$2.4M $7.2M -$3.1M -$4.2M -$4.8M -$5.7M 1 2015 2016 2017 2018 2019 2020 2021 2022 2 2015 2016 2017 2018 2019 20201 2021 2022 2 1) COVID-19 pandemic. 2) Results impacted by ind
Slide 10: Fortified Balance Sheet
FORTIFIED BALANCE SHEET June 30, Dec 31, *In Millions USD 2023 2022 Cash $14.2 $18.6 Inventory $0.4 $0.3 As of 8/14/2023 Other Assets $1.3 $2.1 Total Assets $15.9 $21.0 Stock Price $0.84 Shares Outstanding 8.0M Deferred Revenue $0.6 $4.3 Market Cap $6.7M Total Debt $0 $0 Enterprise Value $(9.2)M Oth
Slide 11: Investment Highlights
INVESTMENT HIGHLIGHTS ➢ CEA solutions provider in a growing market that is disrupting traditional agriculture ➢ New management team appointed in late 2018 ➢ Early stages of targeting a larger addressable market in vertical agriculture ➢ Strong balance sheet and strategic review process announced in
Slide 12: Appendix
APPENDIX 12 Nasdaq:CEAD
Slide 13: Management Team
MANAGEMENT TEAM Tony McDonald Ian Patel Chairman & CEO CFO • On Board and as CEO since 2018 • 20+ years of experience as a senior financial executive • Former VP/Sales, Coolerado Inc., a cleantech HVAC • Former Interim CFO of fintech start-up Maxwell company Financial Labs • Former Managing Director
Slide 14: Board of Directors
BOARD OF DIRECTORS Tony McDonald Troy Reisner Nick Etten Chairman & CEO Independent Director, Audit Committee Chair Independent Director • On Board and as CEO since 2018 • CFO, Keystone Tower Systems, Inc. • Former Head of Government Affairs with Acreage • Retired Audit Partner, Deloitte Holdings •
Slide 15: Contact Us
CONTACT US Investor Relations Contact Sean Mansouri, CFA Elevate IR info@ceaindustries.com https://ceaindustries.com/ 15 Nasdaq:CEAD