Slide 1: Wallbox NV Second Quarter 2022 Earnings
AUGUST 10, 2022 Wallbox NV NYSE:WBX Second Quarter 2O22 Earnings
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this presentation that do not relate to matters of historical fac
Slide 3: Corporate Overview
Corporate Overview Enric Asuncion, CEO 3
Slide 4: Quarterly Highlights – Q2 2022
QUARTERLY HIGHLIGHTS – Q2 2022 “Gaining market share is % a key objective at 124 1,100+ Q2 YoY Revenue Growth Employees Wallbox, and doing so in an environment where EV manufacturing ~ 64K +105 capacity and deliveries Chargers Sold Countries with Commercial Activity lag consumer demand is a testamen
Slide 5: Partnerships are a Key Element of Our Strategic Plan
Partnerships are a Key Element of Our Strategic Plan 5
Slide 6: Strategic M&A Is a Differentiator
STRATEGIC M&A IS A DIFFERENTION “We expect there will be consolidation in the charging market, and REVOLUTIONIZING THE ELECTRICAL INDUSTRY THROUGH INNOVATION AND ENABLING THE LEADING PROVIDER OF ELECTRONIC ASSEMBLIES, COMPONENTS, AND PCBS we intend to closely FUTURE OF RENEWABLE ENERGY. Broad custom
Slide 7: U.S. Update
U.S. UPDATE Wallbox is well positioned to benefit from massive growth and investment in the U.S. 1 Arlington, TX factory is on schedule with 250k unit capacity by 2022YE 2 $7.5 billion NEVI program is progressing as planned 3 Wallbox infrastructure is designed to allow for efficient and timely deliv
Slide 8: Financial Review
Financial Review Jordi Lainz, CFO 8
Slide 9: Financial & Operating Highlights: Q2 22
FINANCIAL HIGHLIGHTS Financial & Operating Highlights: Q2 2022 INCOME STATEMENT BALANCE SHEET OPERATING METRICS (€ IN MILLIONS) (€ IN MILLIONS) Revenue €39.548 Units sold ~64,000 Cash & Equivalents €126.515 Headcount ~1,100 YoY Growth 124% LT Debt €23.274 Countries +105 Gross Margin1 41.1% 2022 Est.
Slide 10: Closing Thoughts
Closing Thoughts 10
Slide 11: Q3 and Full Year 2022 Outlook
Q3 and Full Year 2022 Outlook1 CONTINUED STRENGTH ACROSS THE BOARD ~ REVENUE BETWEEN… ~ GROWTH BETWEEN… Q3 2022 Revenue €44M & €49M 140% & 170% Full-year 2022 Revenue €175M & €195M 145% & 170% @1.208 USD/EUR2 Midpoint of $223M 1. Forward looking guidance is provided in euro to remove potential impac
Slide 12: Questions & Answers
Questions & Answers 12
Slide 13: Appendix
Appendix 13
Slide 14: Reconciliations
Reconciliations Unaudited, in € 000s For the Quarter Ended, June 30, 2022 Operating Loss € (37,096) Amortization and depreciation 4,065 Other income (1,075) EBITDA € (34,106) Employee Stock Option Plan (18,670) One-off Expenses (123) Adjusted EBITDA1 €. (15,559) 1.See slide 15 for definitions 14
Slide 15: Definitions and Disclosures
Definitions and Disclosures 2O22 1 Adjusted EBITDA is defined as loss for the year before depreciation and amortization, income tax credits, and financial income and interest expense further adjusted to take account of the impact of certain non-cash and other items that we do not DEFINITIONS conside