Slide 1: Q2 2024 Corporate Presentation
Q2 2O24 Corporate Presentation
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities
Slide 3: Make Energy Powerful
Make Energy Powerful SMART COMPATIBLE SIMPLE INNOVATIVE Embedded intelligence DESIGN-DRIVEN Compatible with all We innovate to make User-focused innovation and V2G and V2H Design is not a luxury plug-in electric and energy simpler drives us energy management1 hybrids2 3 | Corporate Presentation | 1V
Slide 4: Wallbox Management Team
Wallbox Management Team Founder-led company with an experienced management team from technology, energy and industrial backgrounds Enric Asunción Co-Founder & Chief Executive Officer Eduard Castañeda Oriol Riba Douglas Alfaro Co-Founder & Chief Chief Operations Chief Business Innovation Officer Offi
Slide 5: Wallbox Board
Wallbox Board Management is supported by a strong board of directors with diverse background from different industries Board of Directors Enric Asunción Wallbox’s Chief Executive Pol Soler Chairman of the Compensation Co-Founder & Chief Officer and Executive Director CEO of Quadis Committee and memb
Slide 6: Wallbox at a glance
Wallbox at a glance We design, develop and distribute charging and energy AWARD-WINNING PRODUCT PORTFOLIO management solutions for e-mobility needs WITH PATENT-PENDING TECHNOLOGY UNITS SOLD 1 COUNTRIES WITH OFFICES ACROSS CHARGING EQUIPMENT COMMERCIAL ACTIVITY 3 CONTINENTS FACTORIES 2 + 670 k ~120 1
Slide 7: Mass EV adoption means significant charging infrastructure growth
Mass EV adoption means significant charging infrastructure WHAT IT TAKES TO growth and projected $102bn TAM1 in 2030 WIN IN EV CHARGING PROJECTED CUMULATIVE # OF GLOBAL PASSENGER PROJECTED CUMULATIVE # OF GLOBAL CHARGE POINTS Smart Charging ELECTRIC VEHICLES 2 INSTALLED FOR PASSENGER ELECTRIC VEHICL
Slide 8: Wallbox's Product Portfolio
Wallbox’s Product Portfolio 1 Solutions to empower users at home, at work and in public Most compact intelligent residential & Smart charger & energy Charging solutions commercial solutions management software solutions for public applications RESIDENTIAL CHARGING SOFTWARE SOLUTIONS PUBLIC CHARGING
Slide 9: Complete Software Solutions
Complete Software Solutions Embedded and interoperable EV charging software MYWALLBOX - RESIDENTIAL AND ELECTROMAPS – PUBLIC CHARGING & to manage chargers BUSINESS SOFTWARE FLEET MGMT SOFTWARE and the flow of energy User-friendly app Charger & fleet management platform at home, work and in public. C
Slide 10: Quasar 2
BI-DIRECTIONAL CHARGING & ENERGY MANAGEMENT Our expertise in bidirectional charging & energy management, puts Wallbox in a unique position to solve the challenges of the energy transition QUASAR 2 PIONEERING TECH BI-DIRECTIONAL One of the first CCS bi-directional chargers Changes the flow of energy
Slide 11: Quasar bi-directional charging and Sirius Energy Management
Energy Control Quasar bi-directional charging and Sirius Energy Management provides new opportunities to integrate renewable energy, battery storage and the grid. Wallbox HQ Grid power limit 300 kW Wallbox HQ 250 kW HQ building energy usage 200 kW Energy supply from the grid 150 kW Solar power gener
Slide 12: Unique DC technology can transform the public charging experience
PUBLIC CHARGING SOLUTIONS Unique DC technology can transform the public charging experience RELIABLE & COMPACT BY DESIGN Easier to transport, install, operate and service thanks to its modular design INHOUSE DEVELOPMENT & PRODUCTION +2,500 Supernova units delivered SUPERNOVA 60 kW, 150 kW, 220 kW an
Slide 13: One model capable of serving diverse channels
One model capable of serving diverse channels We serve a variety of clients around the world AUTOMOTIVE OEMS AND DEALERSHIPS ENERGY COMPANIES VALUE ADDED DISTRIBUTORS & RESELLERS INSTALLERS E-COMMERCE & RETAIL ENTERPRISES 13 | Corporate Presentation
Slide 14: A Global Force
A Global Force We are an international company, with EUROPE (2015) sales, manufacturing facilities and offices worldwide • Offices in seven EU countries with factories in Spain and Germany • 750,000 unit in-house manufacturing capacity (excl. ABL) • Warehouse facilities in Spain, Sweden, UK APAC (20
Slide 15: Determining our own future
Determining our own future Wallbox is vertically integrated allowing to control the value chain and rapidly adapt to new market developments SOURCING CERTIFICATION GLOBAL SALES SERVICES AND MANUFACTURING AND SUPPLY AND VALIDATION ORGANIZATION INSTALLATIONS • Diverse supplier base • Fully automated a
Slide 16: ESG at Wallbox
ESG at Wallbox Wallbox’s focus on providing solutions that support a transition to a greener world strongly align with core ESG principles Net Zero Timeline Circularity Environment - Accelerating the transition to emission free transport - Committed to net zero in 2030 as it is at 2022 2023 the core
Slide 17: The Wallbox Future
The Wallbox Future Be the provider of all-in-one renewable Peer to Peer Energy Transactions Generate energy from own renewable energy energy solutions sources and trade it with other individuals with the charger Recommend at the center Habit Changes Based on user data, Wallbox recommends cost- and e
Slide 18: Earnings 2024
2024 EARNINGS 18 | Corporate Presentation
Slide 19: Q2 2024 Financial Review
Q2 2024 Financial Review Q2 Revenue Q2 Labor Costs & OPEX €48.8M €32.3M STRONG DC SALES CONSISTENT 13% sequential rise | 48% YoY rise Continuous reduction of labor costs & OPEX GROSS MARGIN Q2 Gross Margin Q2 Adjusted EBITDA Loss1 LARGE 39.1% €11.2M CONTRIBUTION FROM NORTH AMERICA 936 basis points Y
Slide 20: Q2 2024 Reconciliation
Q2 2024 Reconciliation Unaudited, in € 000’s YEAR 2024 YEAR 2023 Q2 Q1 Q2 Operating Loss (25,268) (23,781) (31,001) Amortization and depreciation 9,668 8,750 5,981 EBITDA (15,600) (15,031) (25,020) One off expenses 1,133 1,194 411 Employee Stock Options Plan 726 652 4,406 ESPP (non-cash) 195 220 425
Slide 21: Appendix
Appendix 21 | Corporate Presentation
Slide 22: Consolidated Statement of Profit or Loss – EUR
Financial Overview Consolidated Statement of Profit or Loss – EUR 1 YEAR ENDED 31 DECEMBER QUARTER ENDED 31 DECEMBER Unaudited, in € 000’s 2023 2022 Q4 2023 Q4 2022 Revenue 143,769 144,185 43,250 32,324 Change in inventories and raw materials and consumables used (95,503) (85,605) (29,064) (19,927)
Slide 23: Cash & Cash Equivalents
Financial Overview Cash & Cash Equivalents YEAR ENDED 31 DECEMBER Unaudited, in € 000’s 2023 2022 Cash and cash equivalents 101,158 83,308 Financial Investments (1) 5,426 5,269 Cash, cash equivalents and Financial Investments at 31 December 106,584 88,577 23 | Corporate Presentation
Slide 24: Investments and Long-term Borrowings
Financial Overview Investments and Long-term Borrowings YEAR ENDED 31 DECEMBER Unaudited, in € 000’s 2023 2022 Investments in Property, plant and equipment and Intangible Assets Property, plant and equipment 9,106 36,262 Intangible assets - excluding R&D (salaries capitalized) 7,103 9,861 Total Inve
Slide 25: Definitions and Disclosures
Definitions and Disclosures 1 “EBITDA” is defined as loss for the period before income tax credit, financial income, interest expenses, change in fair value of derivative warrants liabilities, foreign exchange gains/(losses), amortization and depreciation and share of profit of equity-accounted inve
Slide 26: Web Contact
谢谢 Web Contact Twitter @wallboxchargers www.wallbox.com investors@wallbox.com Facebook Wallbox LinkedIn Wallbox Instagram @wallboxcharger