Fae Technology S.p.a · MIL:FAE
Fae Technology — FAE Technology S.p.A. Società Benefit — Non-Deal Roadshow (February 2024)
29 slides from Fae Technology's roadshow presentation, February 2024
Slide 1: Investor Presentation Feb 2024
Investor Presentation Feb 2024
Slide 2: Disclaimer
Disclaimer This document has been prepared by FAE Technology S.p.A. Società Benefit (hereinafter, also the "Company") for information purposes only and for use at meetings with institutional investors and financial analysts in presentations of the Company's results and strategies. For further detail
Slide 3: Management Team Benefit Company What we do
04 Management Team 18 Benefit Company 06 What we do 19 Shareholders and corporate governance 08 A story of continuous development 20 EGM and Warrant 09 Solid growth trend 21 Interim report - overview 10 Market sectors and standards 22 Investment highlights 11 Business through innovation 24 Appendix
Slide 4: Management Team
Management Team Gianmarco Lanza Chairman and CEO 38 years old, graduated from the Istituto Tecnico ISISS Valle Seriana he entered the family business where he took over management and control at the age of 23. In FAE Technology he directly contributed to each phase of company’ growth, starting from
Slide 5: Management Team
Management Team Dario Ne Operation Manager 42 years old, graduated from I.T.I.S. P. Paleocapa and he brings with him 20 years of experience in Electronic Manufacturing. He focused his expertise in quality management system certification and process analysis. Over the past 5 years at FAE Technology,
Slide 6: What we do
What we do The Group operates in the electronics market as a solution provider, in particular FAE Technology Spa operates in the engineering - from PoC to industrial - , prototyping and manufacturing services for custom electronic products and Elettronica GF srl operates as a provider of own product
Slide 7: What we do – Products at a glance
What we do – Products at a glance SOM CUSTOM PCBA & SINGLE BOARD COMPUTER PANEL PC 7
Slide 8: A story of continuous development
A story of continuous development 1990 2001 2008 2012 2017 • FAE S.r.l. Foundation • Expansion of production • Generational transition • Establishment of the • Growth and constitution as a small series spaces and ISO 9001 CEO Gianmarco Lanza subsidiary FAE++ S.r.l. for FAE Technology S.p.A. producti
Slide 9: Solid growth trend
Solid growth trend FAE Technology has significantly increased its growth trend over the years, in particular thanks to the integration of value-added services (design, engineering and fast prototyping) which, together with historical activity, have improved the offering enabling the fast development
Slide 10: Market sectors and standards
Market sectors and standards Our business model, combined with the pervasiveness of electronics, enables us to explore opportunities across a wide range of market sectors. Electrification Embedded Healthcare Avionic & Aerospace Fintech Industrial application Smart cities Automotive Our system and ou
Slide 11: Business through innovation
Business through innovation Innovative Air Quality Monitoring System FAE Technology has forged a close collaboration with the Massachusetts Institute of Technology - Sensible City Lab, resulting in the development of Flatburn. Flatburn is an innovative self-powered system fueled by solar energy, des
Slide 12: Business through innovation
Business through innovation Air Quality Monitoring in Industries FAE Technology, in partnership with Losma, is providing an integrated environmental sanitization system. This system, equipped with a series of air quality detectors strategically distributed throughout the facility, enables continuous
Slide 13: Business Combination – The acquisition of EGF
Business Combination – The acquisition of EGF Positioning, addressable markets and opportunities Tot. market size (Edge) $160 billion* (FY22) and $260 billion* (eFY32) Total market size (Core) $700 billion** (FY23) FIELD EDGE COMPUTING CLOUD / AI / BIG DATA MARKETS & Centralised mainframe (highest A
Slide 14: Business Combination – The acquisition of EGF
Business Combination – The acquisition of EGF Deal structure Ebitda NFP Revenues Employees EGF at a glance (FY22) €1,7M (15,2%) * €5,9M €10,9M Ebitda adj 1,45M c60 (net debt) DEAL STRUCTURE VALUATION & MULTIPLES PAYMENTS STRUCTURE o Enterprise Value (inc earn out): € 11,7 M Al signing: o EV/Ebitda:
Slide 15: Business Combination – The acquisition of EGF
Business Combination – The acquisition of EGF Synergies and key activities • Set up of the EGF’s sales team (currently not in place), lead by FAE sales executive, to push custom solutions. Commercial • Fostering the indirect sales market in order to exploit the EGF's proprietary standardize products
Slide 16: Long term growth and value creation: strategies and opportunities (1/2)
Long term growth and value creation: strategies and opportunities (1/2) DIGITAL IMPROVEMENT & TECHNOLOGY AUTOMATION • Investments in technology to become CyberFactory Champion in terms of production and simulation software as well as equipment and plants • Digitalization of processes, a necessary bo
Slide 17: Long term growth and value creation: strategies and opportunities (2/2)
Long term growth and value creation: strategies and opportunities (2/2) PROPRIETARY SOLUTIONS • Thanks to decades of internal R&D and a deeply skilled engineering team the Group is among the few companies in Europe able to manage the design and the production of SOMs. (System of Modules – Proprietar
Slide 18: Benefit Company
Benefit Company FAE Technology, in 2022 became a Benefit Company, therefore integrating into its corporate purpose, in addition to profit objectives, the scope of having a positive impact on society and the biosphere. WELFARE ENVIRONMENT SOCIAL • Promotion of the psychological • ISO 14001 certificat
Slide 19: Shareholders and corporate governance
Shareholders and corporate governance Corporate Structure Corporate Governance The Company is managed by a board of directors composed of 5 FAE Technology has a share capital equal to € 563.076,25 of which 66.75% is members in office for the three-year period 2022 – 2024 attributable to the Lanza Fa
Slide 20: EGM and Warrant
EGM and Warrant Share Performance IPO: 1,50 € Price as of 30/01/2024: 3,23 € % of increase: 115% Source: borsaitaliana.it On June 14 2023, 3,833,250 warrants (with an ex-dividend date of June 12, 2023) were assigned free of charge in execution of the resolution of the Extraordinary Shareholders' Mee
Slide 21: Interim report - overview
Interim report - overview € 29.5 Mln € 3.0 Mln 10,2% € 1.7 Mln Value of production EBITDA EBITDA MARGIN Net income 30.06.2023 30.06.2023 30.06.2023 30.06.2023 +62,8% +63,8% +58% VS €18.1 Mln 30.06.2022 VS €1.8Mln 30.06.2022 = 30.06.2022 VS €1.1 Mln 30.06.2022 Reference date 30.06.2023 21
Slide 22: Investment highlights (1/2)
Investment highlights (1/2) Digital & FAE Technology Group has a strong innovation attitude and a clear strategy in order to be at the technological cutting-edge of the industry. The Group will constantly increase the digitization of all processes and the integration technology driven of value-added
Slide 23: Investment highlights (2/2)
Investment highlights (2/2) Ability to generate value in Thanks to its streamlined and fast organization, FAE Technology is able to promptly support customers to scale favor of successful in dynamic markets, meeting their demands faster than the competition and guaranteeing a strong competitive adva
Slide 24: Appendix
Appendix 24
Slide 25: Financial statements
Financial statements (*) inside with respect to Value of production 25
Slide 26: Financial statements
Financial statements Reclassified Balance Sheet " 10/06 /2¢ 12/2022 Var % (Data in thousands of euros) 3 023 fa Net intangible assets 1933 1718 13% Net tangible assets 4943 3613 37% Equity investments and other non - current financial assets 160 “7 36% Inventories 18.477 10.866 70% Trade receivables
Slide 27: Financial Position
Financial Position Net financial position (Data in thousands of euros) 30/06/2023 31/12/2022 Var % ‘A Cash on hand 1547 3335 54% B.Cash equivalents : : 0% C. Other current financial assets . . ox E. Current financial debt F. Current part of non-current financial debt I. Non - current financial dest
Slide 28: Contact
Contact Gianmarco Lanza Investor Relations Manager ir@fae.technology FAE Technology S.p.A – Società Benefit Via Cesare Battisti, 136 – 24025 Gazzaniga (BG) Tel. +39 035 73 81 30 https://fae.technology/
Slide 29: FAE Technology
I-AE TECHNOLOGY
FAE Technology S.p.A. Società Benefit — Non-Deal Roadshow (February 2024) on 6ix