Slide 1: Company Update May 2016
For personal use only Company Update May 2016
Slide 2: Company Highlights
Company Highlights For personal use only • Vmoto is a global electric scooter manufacturer and distribution group • Growing sales and underlying profits over FY2013 to FY2015 • Wide China sales channels with over 200 distributors and stores • Global network of customers, partners and distributors in
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only • Directors and senior management – Charles Chen – Managing Director – Ivan Teo – Finance Director – Olly Cairns – Non-Executive Director – Shannon Coates – Non-Executive Director / Company Secretary – Jacky Chen – Non-Executive Director >100 employees across
Slide 4: 2015 – Financial Highlights
2015 – Financial Highlights For personal use only Continuing to achieve underlying growth Key profit & loss items (A$m) FY15 FY14 % change • Underlying Financial Performance positive Revenue 47.6 42.9 11% - Underlying profitable financial year with a net profit Underlying EBITDA* 5.4 4.0 35% of $4.1
Slide 5: Key International Developments
Key International Developments For personal use only • International reach increasing • Distributor and customer base now in 36 countries around the world. • Marketing and sales increasing in line with management strategy to focus on higher margin channels • Vmoto name and brand expanding with a hea
Slide 6: Chinese Operational Developments
Chinese Operational Developments For personal use only • Chinese operations footprint expanding through JV with PowerEagle (51% Vmoto), securing long term future production in China • JV responsible for all production of PowerEagle products and Vmoto distribution – network of over 200 distributors a
Slide 7: Production and Sales Growth
Production and Sales Growth For personal use only Production and sales continues to grow as the company expands • International sales increasing – 100,000 better profit margins • 1st year of JV sales expected to be slower as more work required for 80,000 36,651 move to Shanghai and marketing 28,118
Slide 8: Production Facilities – Nanjing and Shanghai
2 Production Facilities – Nanjing and Shanghai For personal use only Nanjing and Shanghai are positioned to service Chinese and International growth – combined capacity of ~450,000 units pa • Nanjing - 30,000sqm state of the art manufacturing facility in Nanjing - ~300,000 capacity pa - wholly owned
Slide 9: PowerEagle JV significantly increases Chinese distribution footprint
PowerEagle JV significantly increases Chinese distribution footprint For personal use only Through own distribution network and PowerEagle’s established distribution network Vmoto has access to >200 dealers Strategic plans to expand to other cities 9
Slide 10: Positive International growth & higher margin markets
Positive International growth & higher margin markets For personal use only • Vmoto now has customers in over 36 countries across Asia, Europe, South International Unit Sales America and North America 14,000 • Some customers are significant business 11,606 chains in the food delivery, supermarket 12
Slide 11: Joint venture to enter electric three-wheel and four-wheel vehicle markets
Joint venture to enter electric three-wheel and four-wheel vehicle markets For personal use only Three-wheel and four-wheel electric vehicle JV formed with a number of experienced partners in China’s electric vehicle market • JV focuses on design, manufacture and distribution of electric three-wheel
Slide 12: The Market
The Market For personal use only • Asia-Pacific • Electric two-wheel sales are expected to reach >60 million by 2018, still largely drive by China • International • Rest of the world is following, driven by advances in technology, company change and government incentives Source: Navigant Research 12
Slide 13: 2016 Outlook and Future Strategy
2016 Outlook and Future Strategy For personal use only • International growth • More focus on international sales and higher margin opportunities as those markets grow • Repeat business from B2B customers • Strong marketing efforts • New country distributors for B2C customers • Chinese growth • JV t
Slide 14: Summary
Summary For personal use only • Vmoto growing internationally in 2016 – large international presence • Despite slowing sales China is still the biggest market for electric 2 wheel vehicles Target higher • Increased Long term China production, cost savings and betterCapitalise on Extended margin grow
Slide 15: Global cooling, one kilometre at a time
For personal use only Global cooling, one kilometre at a time
Slide 16: Appendices
For personal use only Appendices 16
Slide 17: Appendices
For personal use only Appendices 17
Slide 18: Appendices
For personal use only Appendices 18
Slide 19: Disclaimer
Disclaimer For personal use only IMPORTANT NOTICE The information contained in this presentation is current as at 2 May 2015 and is provided by Vmoto Limited (ABN 36 098 455 460) (“Vmoto”) as a summary document for information purposes only. Any forward looking statements included in this presentati
Slide 20: Contact
Contact For personal use only • Charles Chen, Managing Director – +61 (8) 9226 3865 – charles@vmoto.com.cn 20