Boostheat Sas · EURONEXT:ALBOO
Boostheat Sas — Boostheat — H1 2021 Earnings Presentation
19 slides from Boostheat Sas's earnings presentation, Sep 23, 2021
Slide 1: First-Half 2021 Results
FIRST-HALF 2021 RESULTS 23 SEPTEMBER 2021
Slide 2: History
HISTORY 2014 2018 DEVELOPMENT 2016 CE June September 2011 2019 OF BH20 INDUSTRIAL MARKING 2020 2021 THERMAL FIRST PILOT COMPRESSOR SCALE-UP PROJECTS DEVELOPMENT PRE-SALES & MARKETING SALES & MARKETING EFFICIENCY PLAN STRATEGIC PIVOT Limits on production and installations. Launch of the 4-steps EFFIC
Slide 3: The Efficiency 2022 Plan Has Not Delivered the Results Expected
THE EFFICIENCY 2022 PLAN HAS NOT DELIVERED THE RESULTS EXPECTED BOOSTHEAT.20 PERFORMANCE AND RELIABILITY • The BOOSTHEAT.20 boiler still falls short of performance commitments • Consequently, BOOSTHEAT.20 cannot be put back on the market • The current customer base cannot be updated this winter SALE
Slide 4: Summary H1 2021 Income Statement
SUMMARY H1 2021 INCOME STATEMENT OPERATING EXPENSES STABLE IFRS (€000) H1 2020 H1 2021 Revenues 40 38 €0.5 million increase in external expenses (use of external service to Purchases consumed (1,364) (577) offset the reduction in R&D employees following the restructuring of the Toulouse site). Other
Slide 5: Simplified H1 2021 Balance Sheet (Assets)
SIMPLIFIED H1 2021 BALANCE SHEET (ASSETS) €000 - IFRS 31/12/2020 30/06/2021 Non-current assets 9,847 7,763 See explanation above on intangible assets • Intangible assets 1,622 120 • Property, plant and equipment 7,996 7,414 Current assets 14,599 6,100 See explanation above on inventories • Inventori
Slide 6: Simplified H1 2021 Balance Sheet (Liabilities)
SIMPLIFIED H1 2021 BALANCE SHEET (LIABILITIES) 31/12/2020 30/06/2021 (41) (8,768) Shareholders’ equity 16,710 15,659 Non-current liabilities 11,062 10,768 • Bank borrowings/financial liabilities Borrowings and financial liabilities (excluding lease liabilities totaling €5.6 million) came to €12.5 mi
Slide 7: Cash Flow Statement
CASH FLOW STATEMENT €000 - IFRS H1 2020 H1 2021 Consolidated net income/(loss) (5,479) (8,706) Gross operating cash flow (5,319) (6,619) Change in inventory (19) 1,903 €2.17 million inventory write-down in 2021 Change in trade receivables 128 25 Change in trade payables (1,092) (435) Including a €0.
Slide 8: BOOSTHEAT Recovery Plan
BOOSTHEAT RECOVERY PLAN 2021-2022 GAS, an energy of the future BOOSTHEAT, an accelerator of the energy transition 7
Slide 9: -55% greenhouse gas emissions required by 2030 in Europe
1 -55% Is the reduction in greenhouse gas emissions required by 2030 in Europe compared to 1990 levels in order to limit global warming to 1.5°C. 1 Green Deal, European Commission 8
Slide 10: Heating, a Major Focal Point of Energy Transition
HEATING, A MAJOR FOCAL POINT OF ENERGY TRANSITION 20-30% Is the estimated share of gas in the energy mix in 25% ~of global 2030 1 in buildings energy consumption is used for domestic heating2 1 Report no. OGNL.180049 European Carbon Neutrality: The Importance of Gas - A study for Eurogas 2 Internati
Slide 11: BOOSTHEAT Recovery Plan
BOOSTHEAT RECOVERY PLAN 2021-2022 10
Slide 12: BOOSTHEAT Innovative
BOOSTHEAT RECOVERY PLAN 2021-2022 BOOSTHEAT Innovative • Focus on the thermal compressor • Improvements targeted by application • Performance demonstration in Laboratories • Performance and reliability demonstration in “real life” 11
Slide 13: BOOSTHEAT Efficient Integration
BOOSTHEAT RECOVERY PLAN 2021-2022 p r Heat pump integration The BOOSTHEAT compressor, a renewable energy booster e p THERMAL COMPRESSION GAS HEAT PUMP a collective residential industry r PLUG & PLAY MODULE housing a t i THERMAL COMPRESSION o collective HYDROGEN HEAT PUMP residential industry n housi
Slide 14: BOOSTHEAT Laboratories
BOOSTHEAT RECOVERY PLAN 2021-2022 LABORATORIES Thermodynamic Product Automation System & control Technology Combustion BOOSTHEAT Learning and Expert Electronics Mechanics • Consolidation of in-house expertise • Diverse collaborations for each field of expertise 13
Slide 15: BOOSTHEAT Driven in Project Mode
BOOSTHEAT RECOVERY PLAN 2021-2022 BOOSTHEAT Driven in project mode • Project Management Officer • Collaborative, cross-functional, internal and external • Rigor and consistency 14
Slide 16: BOOSTHEAT Agile and Expanded
BOOSTHEAT RECOVERY PLAN 2021-2022 INDUSTRIAL PRODUCT MANUFACTURER TECHNOLOGY THERMAL SERVICE PROVIDER DESIGNER COMPRESSOR INTEGRATOR SUPPLIER SOLUTION PROVIDER BOOSTHEAT Agile and Expanded • Search for partners throughout the value chain, from design to marketing/after-sales services 15
Slide 17: Energy Unites People - Thank You
ENERGY UNITES PEOPLE 1 7 THANK #Act4Climate #FeelTheChange YOU
Slide 18: Appendices
INVESTOR PRESENTATION– 23 SEPTEMBER 2021 APPENDICES ENERGY OPTIMIZATION, THE ENVIRONMENTAL TRANSITION ACCELERATOR
Slide 19: Contacts
CONTACTS ACTUS FINANCE ET COMMUNICATION Press relations Investor relations Serena Boni Anne-Pauline Pétureaux Tel.: +33 (0)4 72 18 04 92 Tel.: +33 (0)1 53 67 36 72 sboni@actus.fr apetureaux@actus.fr BOOSTHEAT Communication and Investor Relations Department Sabrina Ferré Tel.: +33 (0)9 82 99 16 13 sa