Fusion Fuel Green Plc · NASDAQ:HTOO
Fusion Fuel Green — Q4 2023 Earnings Presentation
19 slides from Fusion Fuel Green's earnings presentation, Mar 6, 2024
Slide 1: 4Q 2023 Presentation
ALL RIG HT S BELONG TO FUSION - FUEL 4Q 2023 PRESENTATION
Slide 2: Disclaimer
ALL RIG HT S BELONG TO FUSION - FUEL — Disclaimer This presentation includes statements of future events, conditions, expectations, and projections of Fusion Fuel Green plc (t he “Company”). Such statements are “forward looking statements” within the meaning of the “safe harbor” provisions of the Un
Slide 3: Agenda
ALL RIG HT S BELONG TO FUSION - FUEL ▪ Focus on Fusion ▪ Industry POV ▪ Q4 Financials & Highlights ▪ Business Update ▪ 2024 Milestones and Priorities ▪ Q&A AGENDA
Slide 4: Focus on Fusion
ALL RIG HT S BELONG TO FUSION - FUEL 01 – FOCUS ON FUSION
Slide 5: Leading pure play hydrogen solutions company
ALL RIG HT S BELONG TO FUSION - FUEL 5 Unlocking the energy transition through the design and development of innovative green hydrogen solutions LEADING PURE PLAY HYDROGEN SOLUTIONS COMPANY Differentiated, modular design based on proprietary miniaturized PEM electrolyzer Complementary service propos
Slide 6: Industry and Market Dynamics
ALL RIG HT S BELONG TO FUSION - FUEL 6 01 – INDUSTRY AND MARKET DYNAMICS Momentum building, but slower than expected demand - development contributing to paradigm shift… ▪ Announcement of H2Infra IPCEI provides much - needed catalyst to European market ▪ Capital markets conditions have improved prov
Slide 7: Q4 Financials & Highlights
ALL RIG HT S BELONG TO FUSION - FUEL 02 – Q4 FINANCIALS & HIGHLIGHTS
Slide 8: Key Developments in 2023
ALL RIG HT S BELONG TO FUSION - FUEL Key Developments in 2023 ▪ Entered into green hydrogen offtake agreements with Dourogas and Hydrogen Ventures ▪ Entered into partnership agreements with Toyota Material Handling España, Duferco Energia, and Elemental Clean Fuels ▪ Awarded ~€ 17 million in project
Slide 9: Key Financial Results / Metrics
ALL RIG HT S BELONG TO FUSION - FUEL 3Q 2023 4Q 2023 K ey Financial Results / Metrics (€’000) Profit/loss 2,507 1,637 Revenues (3,178) (10,769) Cost of goods sold (4,682) (2,107) SG&A (4,043) (12,269) Pre - tax loss Balance sheet 36,760 32,966 Non - current assets 1,025 1,161 Cash balance 11,924 3,7
Slide 10: Financial Data (Unaudited)
ALL RIG HT S BELONG TO FUSION - FUEL 10 02 – FINANCIAL DATA (UNAUDITED) 1 As noted previously, revenue recognition does not always follow sales/inflows so the revenue recognized may not equate to sal es made. Projections are based on the financial and business model of Fusion Fuel, constitute “forwa
Slide 11: Business Update
ALL RIG HT S BELONG TO FUSION - FUEL 03 – BUSINESS UPDATE
Slide 12: Sines Portfolio designated Important Project of Common European Interest
ALL RIG HT S BELONG TO FUSION - FUEL 12 After nearly four years of due diligence our Sines Portfolio has been designated as an “Important Project of Common European Interest ” Project will be developed and executed in collaboration with multiple cross - European partners A driver of significant long
Slide 13: What IPCEI Designation Means
ALL RIG HT S BELONG TO FUSION - FUEL WHAT IPCEI DESIGNATION MEANS • “Important Project of Common European Interest” (IPCEI). One of 33 projects selected as part of the H2Infra Program. • Funding negotiations can now start with government stakeholders and the European Investment Bank. • One of Portug
Slide 14: Fusion Fuel Engineering Offering Overview
ALL RIG HT S BELONG TO FUSION - FUEL 14 OFFERING OVERVIEW ADVISORY : CONCEPT & PROPOSAL ▪ Concept design of plant to suit client needs ; identification of main requirements of the installation ENGINEERING : FEL I, II, & III STUDIES ▪ From conceptual to final designs, ready for construction PROCUREME
Slide 15: HEVO-Chain in production at Benavente Factory
ALL RIG HT S BELONG TO FUSION - FUEL 15 Our HEVO - Chain solution is already in production at our Benavente Factory for delivery to projects in 2024 This modular solution is highly scalable and can be customized to client specifications, with HC - Cube modules ranging from 36 to 120 HEVOs per Cube H
Slide 16: HEVO-Chain Deployment
ALL RIG HT S BELONG TO FUSION - FUEL 16 03 – Render of HEVO - CHAIN system following installation at client facility We expect to ship our f irst HEVO - Chain to the client, a global provider of sustainable building solutions, during 1Q24. 300 kW HEVO - Chain system, including full plant delivery, b
Slide 17: 2024 Milestones
ALL RIG HT S BELONG TO FUSION - FUEL 04 – 2024 MILESTONES
Slide 18: 2024 Milestones and Priorities
ALL RIG HT S BELONG TO FUSION - FUEL 18 1. Deliver and install several HEVO - Chain systems and plant related engineering services ▪ Successfully deliver and install six to seven full HEVO - Chain systems to European clients, including five full project deliveries 2. Strengthen balance sheet and cap
Slide 19: Q&A
ALL RIG HT S BELONG TO FUSION - FUEL Q&A