Slide 1: Q2 2021 Presentation
Q2 2021 Presentation Zaptec 1 Zaptec
Slide 2: Agenda
Zaptec by the numbers 3 Highlights Q2 4 Key numbers 5 EV markets 6 International expansion 8 Operational summary 9 Organisation and partners 13 Outlook15 2 Zaptec
Slide 3: Zaptec by the numbers
Zaptec by the numbers 70.000 6 100%+ charging stations sales companies revenue growth installed first half 2021* ~50% ~250.000 65 market share in parking spaces with employees multi-user systems infrastructure for (Norway) further Zaptec Pro chargers *) revenue growth includes backlog orders 3 Zapte
Slide 4: Highlights Q2
Highlights Q2 • Strong revenue growth up 95% from Q2-20, despite challenging component market • Total purchase orders up 150% from Q2-20 • Order back log of MNOK 26 due to a 3 week stop in Pro production, with an estimated EBITDA effect of 10 MNOK sliding into Q3 • Improved gross margin of 35.8% as
Slide 5: Key numbers
Key numbers MNOK/% Q2-21 Q2-20 YTD 2021 YTD 2020 Revenues 92.1 47.2 165.2 92.0 Export Share 41% 24% 40% 22% Gross margin 35.8% 37.5% 34.7% 38.3% EBITDA adj. 11.71 9.2 17.3 13.6 EBITDA Margin (%) 12.8% 19.4% 10.4% 14.8% Available liquidity 286.22 26.6 286.2
Slide 6: EV markets
EV markets New Car Sales, Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV) Norway, Denmark, Sweden 110 000 and Switzerland The demand in electric vehicle 82 500 (EV) markets continued to grow in Q2-21 in Norway, Denmark, Sweden and Switzerland, with 105,000 EVs sold. 55 000
Slide 7: EV markets
EV markets New Car Sales, Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV) UK and Germany 300000 The electric vehicle markets in 250000 UK and Germany were strong in Q2-21, with 242,000 EVs sold. 200000 The German market is positively influenced by the many new 150000 electr
Slide 8: International expansion
International Export sales per quarter expansion Q2 2021: 41% Q1 2021: 38% Q4 2020: 31% • Largest export: Switzerland, Q3 2020: 27% Sweden, Denmark and Iceland. Q2 2020: 24% Q1 2020: 20% • Acquired Novavolt in Switzerland. • New subsidiaries with highly qualified management and staff in Germany
Slide 9: 1080 new Zaptec Pro systems
1080 new Zaptec Pro systems • 1080 new Zaptec Pro installations in Q2-21 (119% growth from Q120 - 493 installations). • A typical Zaptec Pro installation is a multi-family home or an office building with a large number of parking bays where all parking bays are equipped with Zaptec infrastructure.
Slide 10: Subscription for Charge365 payment services
Subscription for Charge365 payment services • 85 new contracts in the second quarter. • In total 963 contracts, which represent 18% of all Zaptec Pro installations. • The number of active users is 19,905. 10 Zaptec
Slide 11: Production
Production During Q2-21 our development focus has been on implementation and production ramp up of Zaptec Go for the single home market at Westcontrol. We have established an efficient production line and volumes per week have been in-line with our targets. During the quarter we have also started pr
Slide 12: Production cont.
Production cont. On software technology we have continued our development and implemented various software updates and improvements. The focus has been on the Zaptec Portal, our cloud solution with 70.000 EV chargers, our backend and frontend systems as well as customer facing APPs. A prioritized fo
Slide 13: Organisation and partners
Market Share New Car Sales 2021, Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV) Organisation and partners 39,9% Zaptec has 65 employees by the end of Q221 located at the head office 82,7% 55,6% in Stavanger and Oslo, and in our 6 subsidiaries in Sweden, Switzerland, 14,9%
Slide 14: Organisation and partners cont.
Organisation and partners cont. In Q221 we have implemented Bamboo HR to support the efficiency for our employees in their workplace at home and office. Our HR policy is to offer the world’s best careers in technology, brand building and interna- tionalization for talented people with a strong dedic
Slide 15: Outlook
Outlook • The EV market is growing strongly • Zaptec expects this growth to continue due to government push for lower emissions, new electric car models and falling battery pack prices. • The AC charging market is very strong as people prefer to charge at home due to convenience and lowest energy p
Slide 16: Q&A
Q&A 16 Zaptec
Slide 17: Disclaimer – forward looking statements
Disclaimer – forward looking statements In addition to historical information, this presentation contains statements relating to our future business and/or results. These statements include certain projections and business trends that are “forward-looking.” All statements, other than statements of h