Xtpl Sa · GPW:XTP
Xtpl Sa — H1 2023 Earnings Presentation
31 slides from Xtpl Sa's earnings presentation, Sep 21, 2023
Slide 1: Financial Results for H1 & Q2 2023
FINANCIAL RESULTS FOR H1 & Q2 2023 XTPL S.A. Autor: September Data: 21, 2023 xtpl.com
Slide 2: Global Leader in Ultra-Precise Nanoprinting Technology
GLOBAL LEADER IN ULTRA-PRECISE NANOPRINTING TECHNOLOGY The groundbreaking technology of ultra-precise deposition of nanomaterials enables global manufacturers to cost- effectively and scalably produce advanced electronics with unprecedented micro sizes (up to 1 micrometer, 5-10x smaller compared to
Slide 3: Agenda
AGENDA 1. 2. 3. 4. FINANCIAL RESULTS TECHNOLOGY OUTLOOK SUMMARY FOR H1 & Q2 2023 AND BUSINESS xtpl.com 3
Slide 4: Financial Results for H1 & Q2 2023
FINANCIAL RESULTS FOR H1 & Q2 2023 xtpl.com 4
Slide 5: Executive Summary H1 & Q2 2023
EXECUTIVE SUMMARY H1 & Q2 2023 PLN 5.5 million sales of products and services in H1 2023, • adoption of an investment plan for 2023-2026 to achieve a 10-fold increase in almost 2-fold increase y/y (+PLN 2.6 million y/y) and revenues from sale of products and services to PLN 100 million by the end of
Slide 6: Dynamic Growth of Revenue from Product Sales - H1 2023 Summary
DYNAMIC GROWTH OF REVENUE FROM PRODUCT SALES - H1 2023 SUMMARY * figures in PLN thousand Przychody Revenueszefrom sprzedaży the Udział sprzedaży Commercial komercyjnej sales of komercyjnej produktów i usług products and services commercial sale of produktów i usług w przychodach ogółem products and
Slide 7: Financial Performance – H1 & Q2 Summary
FINANCIAL PERFORMANCE – H1 & Q2 2022 SUMMARY *dane w tys. PLN H1 2023 H1 2022 Q2 2023 Q2 2022 • 86% increase in revenues from sales of products and Total revenues 6 888 4 786 3 308 3 167 services in H1 2023 and 25% in Q2 2022 - mainly as a Revenues from the sale of products and services 5 532 2 970
Slide 8: Cash Flows - Summary H1 2023
CASH FLOWS - SUMMARY H1 2023 * figures in PLN thousand 673 359 1 400 281 5 532 1 200 2 348 6 010 7 174 2 971 01.01.2023 sale of sprzedaż grants dotacje depreciation amortyzacja working kapitał obrotowy other pozostałe koszt cost of sprzedanych investing przepływy operating koszty operacyjne 30.06.20
Slide 9: Over PLN 36.5 Million Raised to Accelerate Development
OVER PLN 36.5 MILLION RAISED TO ACCELERATE DEVELOPMENT AND IMPLEMENTATION OF INVESTMENTS Offer, type and number of shares in the offer Shareholder structure Filip Granek 275,000 series V ordinary bearer shares, excluding pre-emptive 16% Deutsche Balaton Group* Before the offer Shares offered rights,
Slide 10: Technology and Business
TECHNOLOGY AND BUSINESS xtpl.com 10
Slide 11: Business Built on the Proven Needs of Global Advanced Electronics Players
BUSINESS BUILT ON THE PROVEN NEEDS OF GLOBAL ADVANCED ELECTRONICS PLAYERS BUSINESS SCALING XTPL TODAY • First industrial implementation DEVELOPMENT OF • Recognizable, professionally managed planned in H2 2024 and subsequent integrations of XTPL modules with TECHNOLOGY AND organization the industry B
Slide 12: International Organization Focused on Commercialization of Its Solutions
INTERNATIONAL ORGANIZATION FOCUSED ON THE COMMERCIALIZATION OF ITS SOLUTIONS XTPL successfully commercializes its products in 18 countries now and conducts technology evaluations at global players in the printed electronics An effective commercialization model sector. OWN SALES AND DISTRIBUTION OF P
Slide 13: Adjusted Portfolio Responding to Customers' Needs
ADJUSTED PORTOFLIO RESPONDING TO CUSTOMERS' NEEDS PRINTING MODULE HIGHLY FOR INTEGRATION DELTA PRINTING CONDUCTIVE SYSTEM (DPS) NANOINKS ELECTRICITY • Nanomaterial deposition module for integration • XTPL technology demonstrator (technology • Ailver nanoinks with a high silver content and with indus
Slide 14: Current Industrial Project Pipeline
EXCEEDING CURRENT INDUSTRIAL THE TARGET PROJECT OFPIPELINE THE PLN 100M PIPELINE IN INDUSTRIAL (only projects in Stage 2 and above shown) PROJECTS DIVERSIFIED BY INDUSTRIES AND GEOGRAPHIES PROJECT NAME: STAGE 0 STAGE 1 STAGE 2 STAGE 3 STAGE 4 STEP 5 INDUSTRY AND PARTNER/ Base technology Initial cont
Slide 15: Significant Achievements in Industrial Projects
SIGNIFICANT ACHIEVEMENTS IN INDUSTRIAL PROJECTS DISPLAYS SEMICONDUCTORS PCB BOARDS Sale of the printing module and Fulfillment of an order in the form of a Providing a printing module to one of the Completion of key elements of stage transition to stage 4 as part of an printing module (stage 4) in c
Slide 16: Acceleration in Delta Printing System Sales
ACCELERATION IN DELTA PRINTING SYSTEM SALES - COMMERCIALIZATION H1 AND Q2 2023 Selected users of the Delta Printing System: • 21 total Delta Printing System (DPS) devices ordered* • 7 devices ordered in H1 2023, 3 in Q2 2023, total of 9 device orders in 2023 (including Q3) • 5 DPS delivered to custo
Slide 17: Significant Milestones in Nanoinks Commercialization
SIGNIFICANT MILESTONES IN NANOINKS - COMMERCIALIZATION H1 AND Q2 2023 Nanoink sales H1 2023 Q2 2023 6,7% 6,7% 12,5% EMEA 12,5% USA • 73 orders since the beginning of commercialization of inks Azja • 13 returning customers since the beginning of commercialization of inks 75,0% • Completed orders to 1
Slide 18: Technology and R&D - H1 Summary
TECHNOLOGY AND R&D - H1 SUMMARY Key achievements and progress in research & development in H1 2023: • The development of gold-based inks with a record concentration of material, compared to other products available on the market. • Development of a paste based on copper nanoparticles and the XTPL pr
Slide 19: Industry Events - Summary H1 2023
INDUSTRY EVENTS - SUMMARY H1 2023 In H1 2023, XTPL actively participated in 5 international industry events in order to increase its visibility on the global electronics market, including: • MEMS 2023 - Germany • LOPEC 2023, February 28 - Germany • THE ISRAELI CONFERENCE ON ADDITIVE MANUFACTURING: R
Slide 20: Increasing Recognition in Taiwan
INCREASING RECOGNITION IN TAIWAN - ONE OF XTPL'S KEY MARKETS Participation in the SEMICON Taiwan fair The new, 6th distributor of XTPL solutions, Detekt Technology Inc. On September 8, 2023, conclusion of a non-exclusive distribution agreement for XTPL solutions with Detekt Technology Inc. with 20 y
Slide 21: Securing Intellectual Property - H1 2023 Summary
SECURING INTELLECTUAL PROPERTY - H1 2023 SUMMARY H1 2023: obtaining patent protection from: Malaysian Patent Office, German Patent and Trademark Office, China Patent Office, United States Patent XTPL’s global solutions are being systematically secured by expansion of and Trademark Office, Japanese P
Slide 22: Outlook
X 1° L OUTLOOK xtpl.com 22
Slide 23: Expected 10x Increase in Product Sales
EXPECTED 10X INCREASE IN PRODUCT SALES 10-fold increase in revenues from product and services sales by 2026 by scaling of three complementary yet independent business lines Revenues from the sale of products and services Estimated share of (PLN m) revenues of PLN 100 million in revenues from the sal
Slide 24: Investments Planned to Respond to Customer Needs
INVESTMENTS PLANNED TO RESPOND TO CUSTOMER NEEDS Secured a significant portion of funding from the new issue of shares for the investment program of approx. PLN 60 million in 2023-2026 to be used to drive strong growth and support the vision of the 10-fold increase in revenues from the sale of produ
Slide 25: Summary
X17L > ao <x = = 2D a) 25 xtpl.com
Slide 26: Summary
SUMMARY XTPL is a global player in the rapidly growing printed electronics market, with a disruptive technology, an interdisciplinary team of experts, the ambition to increase commercial sales 10 times in 2026 and the outlook for continued growth. The groundbreaking technology of ultra-precise depos
Slide 27: Thank You
Contact for investors: investors@xtpl.com Małgorzata Młynarska Investor Relations Manager, cc group e: malgorzata.mlynarska@ccgroup.pl t: +48 697 613 709 Mardoniusz Maćkowiak Financial Communications Manager, cc group e: mardoniusz.mackowiak@ccgroup.pl t: +48 605 959 539 XTPL S.A. Stabłowicka 147 54
Slide 28: Nanoprinting Allows Advanced Electronics to Be Reduced by an Order of Magnitude
NANOPRINTING ALLOWS ADVANCED ELECTRONICS TO BE REDUCED BY AN ORDER OF MAGNITUTE Nanoprinting is an unparalleled technology for cost-effective and scalable incremental reduction of the dimensions of electronics with extreme resolution on increasingly diverse substrates Miniaturization of the size and
Slide 29: Unique XTPL Technology Enables Precise and Efficient High-Resolution Conductive Nanoprinting
UNIQUE XTPL TECHNOLOGY ENABLES PRECISE AND EFFICIENT HIGH- RESOLUTION CONDUCTIVE NANOPRINTING The XTPL technology provides solutions unattainable by any other methods available in the market and is unrivaled in terms of resolution, viscosity and size of conductive structures up to 1 um* (5-10x small
Slide 30: The Growing Demand of Many Industries for High-Tech Solutions
THE GROWING DEMAND OF MANY INDUSTRIES FOR HIGH-TECH SOLUTIONS, PLATFORM CHARACTER OF XTPL'S TECHNOLOGY • USD 51 bn - value of the global market of printed, flexible and organic electronics in 2022, up 8% YoY ADVANCED ELECTRONICS • USD 66 bn - estimated value of this market in 2026, with USD 74 bn es
Slide 31: Disclaimer
DISCLAIMER This presentation has been prepared by XTPL S.A. (“Company”) for the sole purpose of giving an introduction on the business of the Company. The presentation: • has selected information it does not give a comprehensive description of business or financial analysis of the Company • is not t