Slide 1: Financial Results for 2022 and Q4 2022
FINANCIAL RESULTS FOR 2022 AND Q4 2022 XTPL S.A. Filip Granek, CEO Autor: AprilData: 27, 2023 19 październik 2019 xtpl.com
Slide 2: XTPL at a Glance
XTPL AT GLANCE XTPL is a global player, developer and provider of breakthrough and unprecedented technology for electronics manufacturers, enabling effective production of new generation devices Founded in 2015, based Targeted and effective strategy UPD** technology breaks down in Poland and USA foc
Slide 3: Agenda
AGENDA 1. 2. 3. 4. EXECUTIVE FINANCIAL RESULTS SUMMARY OF SUMMARY SUMMARY ACHIEVEMENTS AND OUTLOOK xtpl.com 3
Slide 4: Executive Summary 2022 and Q4 2022
EXECUTIVE SUMMARY 2022 AND Q4 2022 PLN 10.0 million in revenues from the commercial sales in 2022 5-fold increase y/y and best year in XTPL’s history • Implementation of advanced works with international industrial partners (PLN 3.4 m in Q4 2022: 82% increase y/y) in the areas of: displays, semicond
Slide 5: Financial Results for 2022 and Q4 2022
FINANCIAL RESULTS FOR 2022 AND Q4 2022 xtpl.com 5
Slide 6: Financial Performance – 2022 Revenues
FINANCIAL PERFORMANCE – 2022 REVENUES figures in PLN thousand Revenues ze Przychody from the sprzedaży Commercial Udział sales sprzedaży of products komercyjnej commercial sale of komercyjnej and services produktów share in total i usług products and produktów services i usług wrevenues przychodach
Slide 7: Financial Performance – 2022 and Q4 2022 Summary
FINANCIAL PERFORMANCE – 2022 AND Q4 2022 SUMMARY figures in PLN thousand FY2022 FY2021 Q4 2022 Q4 2021 Przychody EBITDA Przychody EBITDA ze sprzedaży Grants Dotacje EBITDA adjusted skorygowana CF from Przepływy Przepływy Grants EBITDA adjusted CF from ze sprzedaży Dotacje skorygowana Przepływy Kwart
Slide 8: Financial Performance – 2022 and Q4 2022 Summary
FINANCIAL PERFORMANCE – 2022 AND Q4 2022 SUMMARY figures in PLN thousand 2022 2021 Q4 2022 Q4 2021 • 5-fold increase in revenues from the sale of products Total revenues 12 817 4 702 4 299 3 450 and services in 2022 and 82% increase in Q4 2022 - e.g. Revenues from the sale of products and inflow of
Slide 9: Financial Performance - Cash Flow
FINANCIAL PERFORMANCE - CASH FLOW figures in PLN thousand 1 004 1 200 5 916 532 751 2 740 10 042 12 709 6 010 4 580 01.01.2022 sprzedaż sale of grants dotacje working kapitał depreciation amortyzacja other pozostałe cost of koszt investing przepływy operating koszty 31.12.2022 products (reimbursemen
Slide 10: Summary of 2022 and Q4 2022 Achievements
SUMMARY OF 2022 AND Q4 2022 ACHIEVEMENTS xtpl.com 10
Slide 11: Company Development Phase
COMPANY DEVELOPMENT PHASE NEXT STEP CURRENT PHASE • integration of XTPL Printing INITIAL TECHNOLOGY • Research & Development Module to industrial DEVELOPMENT PHASE • rapid prototyping equipment • commercialization of the Delta • continuous supply of ink Printing System and XTPL nanoinks and nozzles
Slide 12: Global Range of Activity
GLOBAL RANGE OF ACTIVITY XTPL is based in Poland and in the USA (XTPL Incorporated). The Company is in talks with global players and is currently commercializing its products on the markets of North America, Europe and Asia. XTPL acquired business partners, distributors of its solutions in South Kor
Slide 13: XTPL Products
XTPL PRODUCTS HIGH-RESOLUTION DELTA HIGHLY- HIGHLY- PRINTING MODULE PRINTING CONCENTRATED CONCENTRATED FOR INTEGRATION SYSTEM NANOINKS NANOINKS • printing module for integration with • stand-alone R&D prototyping system and • silver nanoinks with a high silver content industrial equipment technology
Slide 14: Current Industrial Project Pipeline
CURRENT INDUSTRIAL CURRENT INDUSTRIAL PROJECT PIPELINE PROJECT PIPELINE (only projects in Stage 2 and above shown) (only projects in Stage 2 and above shown) STAGE 0 STAGE 1 STAGE 2 STAGE 3 STAGE 4 STAGE 5 PROJECT NAME INDUSTRY AND PARTNER / Base-technology Initial contact and Technology Evaluation
Slide 15: Advanced Industrial Projects in Displays, Semiconductors and PCBs
ADVANCED INDUSTRIAL PROJECTS IN DISPLAYS, SEMICONDUCTORS AND PCBs A SIGNIFICANT STEP AHEAD TRANSITION TO A KEY STEP CONTINUATION OF COOPERATION FOR INCLUDING XTPL TECHNOLOGY FOR TAIWAN PARTNER WITH NANO DIMENSION IN DISPLAYS IN SEMICONDUCTORS IN PCBs From the end of 2022, continuation of work with H
Slide 16: Delta Printing System - Commercialization 2022
DELTA PRINTING SYSTEM - COMMERCIALIZATION 2022 Selected users of the Delta Printing System: • 17 Delta Printing System (DPS) devices sold in total* • the first sale of the device to the United States, and the first DPS ordered by an industrial client – a company from the Big Five giants from the ICT
Slide 17: Start of Cooperation with One of the Big Five Tech Giants
START OF COOPERATION WITH ONE OF THE BIG FIVE TECH GIANTS FROM SILICON VALLEY – ENTERING THE US MARKET In September 2022, the first sale of the Delta Printing System (DPS) device to the USA and, at the same time, the first order of the DPS device for a corporate client - DPS will support R&D, among
Slide 18: Nanoinks - Commercialization 2022
NANOINKS - COMMERCIALIZATION 2022 Nanoink sales 2022 • 32 independent orders from the EMEA region, the Americas and Asia • 58 orders since the beginning of ink commercialization • 9 returning clients since the beginning of ink commercialization • completed orders to 15 countries • New countries on t
Slide 19: Technology and R&D - 2022 Summary
TECHNOLOGY AND R&D - 2022 SUMMARY Key achievements and progress in research & development in 2022 In 2022, XTPL actively participated in more than 20 international industry events, in order to increase recognition on the global • Development of software controlling the Delta Printing System (DPS) –
Slide 20: Intellectual Property Protection 2022
INTELLECTUAL PROPERTY PROTECTION 2022 2022: obtaining protection from: the Japanese Patent Office (January 2022), the US Patent Office (May, September, November 2022) for two different XTPL’s global solutions are being systematically secured by expansion of methods of forming conductive lines, the I
Slide 21: Summary and Outlook
SUMMARY AND OUTLOOK xtpl.com 21
Slide 22: Estimated Revenue from Sales of Products and Services in Q1 2023
ESTIMATED REVENUE FROM SALES OF PRODUCTS AND SERVICES IN Q1 2023 REVENUES’ ESTIMATES FOR Q1 2023 - April 18, 2023 XTPL has published preliminary estimates of revenues from the sale of products and services for Q1 2023 • PLN 2 972k: estimated consolidated revenues from the sale of the products and se
Slide 23: Summary and Outlook
SUMMARY AND OUTLOOK XTPL is a global player in the rapidly growing printed electronics market, with a targeted development strategy, an interdisciplinary team of experts and support from stable shareholders. It offers global business partners the world’s most precise, platform printing technology, p
Slide 24: Thank You
CONTACT FOR INVESTORS: investors@xtpl.com Malgorzata Mlynarska Investor Relations Manager, cc group e: malgorzata.mlynarska@ccgroup.pl m: +48 697 613 709 Mardoniusz Mackowiak Financial Communications Manager, cc group e: mardoniusz.mackowiak@ccgroup.pl m: +48 605 959 539 XTPL S.A. Stabłowicka 147 54
Slide 25: 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