Amg Critical Materials N.v. · EURONEXT:AMG

Amg Critical Materials — Q2 2021 Earnings Presentation

13 slides from Amg Critical Materials's earnings presentation, Jul 23, 2021

  1. Slide 1: Enabling the Circular Economy

    ENABLING THE CIRCULAR ECONOMY INVESTOR PRESENTATION | SECOND QUARTER 2021 AMG ADVANCED METALLURGICAL GROUP N.V.

  2. Slide 2: Cautionary Note

    CAUTIONARY NOTE This document contains proprietary information and is being provided solely for information purposes by AMG Advanced Metallurgical Group N.V. (The “Company”) and may not be reproduced in any form or further distributed to any other person or published, in whole or in part, for any pu

  3. Slide 3: Financial Highlights

    FINANCIAL HIGHLIGHTS REVENUE (IN MILLIONS OF US DOLLARS) NET (LOSS) INCOME ATTRIBUTABLE TO SHAREHOLDERS (IN MILLIONS OF US DOLLARS) $298.4 $5.1 $3.6 $253.5 $264.0 $207.6 $197.7 44% ($2.8) $16.1M YoY YoY ($12.5) ($12.8) Q2 '20 Q3 '20 Q4 '20 Q1 '21 Q2 '21 Q2 '20 Q3 '20 Q4 '20 Q1 '21 Q2 '21 EBITDA (IN

  4. Slide 4: AMG Clean Energy Materials Financial Highlights

    AMG CLEAN ENERGY MATERIALS FINANCIAL HIGHLIGHTS REVENUE & EBITDA (IN MILLIONS OF US DOLLARS) GROSS PROFIT EXCLUDING EXCEPTIONAL ITEMS (IN MILLIONS OF US DOLLARS) $90.1 $16.1 $67.0 $70.6 $13.4 $56.4 Revenue $53.1 increased 70% vs. Q2 ‘20 $8.6 and EBITDA 301% $12.6 $10.3 increased by $4.0 $4.8 YoY $7.

  5. Slide 5: AMG Critical Minerals Financial Highlights

    AMG CRITICAL MINERALS FINANCIAL HIGHLIGHTS REVENUE & EBITDA (IN MILLIONS OF US DOLLARS) GROSS PROFIT EXCLUDING EXCEPTIONAL ITEMS (IN MILLIONS OF US DOLLARS) $72.9 $76.8 $13.1 $13.4 $11.7 $52.2 $55.5 Revenue and $47.9 $8.7 EBITDA $9.2 increased 60% $6.2 117% $6.6 $8.9 $9.0 $3.6 and 153%, respectively

  6. Slide 6: AMG Critical Materials Technologies Financial Highlights

    AMG CRITICAL MATERIALS TECHNOLOGIES FINANCIAL HIGHLIGHTS REVENUE & EBITDA (IN MILLIONS OF US DOLLARS) GROSS PROFIT EXCLUDING EXCEPTIONAL ITEMS (IN MILLIONS OF US DOLLARS) $131.0 $131.4 $120.4 $20.6 $21.1 $106.6 $89.2 $15.3 EBITDA more $13.0 $13.1 $9.6 than tripled 61% $9.0 vs. Q2 ’20 $4.3 $6.6 YoY $

  7. Slide 7: Key Corporate Income Statement Items

    KEY CORPORATE INCOME STATEMENT ITEMS SG&A EXPENSES (IN MILLIONS OF US DOLLARS) NET FINANCE COSTS (IN MILLIONS OF US DOLLARS) $33.1 $33.2 $8.7 $29.6 $27.2 $26.1 $9.6 $9.6 $8.2 Increase of $6.0 $6.3 $7.3 $7.2 Decrease $6.6 $6.8 million driven $5.3 $4.5 $4.9 $4.8 largely driven by $4.9 $5.3 largely by

  8. Slide 8: Cash Flow and Working Capital

    CASH FLOW AND WORKING CAPITAL OPERATING CASH FLOW (IN MILLIONS OF US DOLLARS) NET DEBT (IN MILLIONS OF US DOLLARS) $23.0 $20.3 $19.9 $317.2 $287.9 Cash from $255.3 Decrease $11.4 $219.9 operating activities $209.3 mainly due to the is $42.9 million on issuance of a YTD basis, more shares which than

  9. Slide 9: Appendix

    APPENDIX

  10. Slide 10: Key Revenue Drivers

    KEY REVENUE DRIVERS CLEAN ENERGY MATERIALS SEGMENT RESULTS KEY DRIVERS Q2 2021 Q2 2020 Price Volume Vanadium Revenue $90.1 $53.1 Spodumene Gross Profit * $16.1 $4.0 Tantalum CRITICAL MINERALS SEGMENT RESULTS KEY DRIVERS Q2 2021 Q2 2020 Price Volume Revenue $76.8 $47.9 Graphite Silicon Gross Profit *

  11. Slide 11: Critical Materials — Average Quarterly Market Prices

    CRITICAL MATERIALS — AVERAGE QUARTERLY MARKET PRICES Q2 Q2 JULY 21, 2021 Q2 ‘21 VS. Q2 ‘20 SPOT VS. Q2 ‘21 MATERIALS 2020 2021 SPOT % CHANGE % CHANGE Ferrovanadium ($/lb) $10.56 $16.34 $17.15 55% 5% CRU Molybdenum ($/lb) $8.37 $14.08 $18.20 68% 29% S&P Global Platts Nickel ($/MT) $12,215 $17,359 $18

  12. Slide 12: Critical Materials — Full Year and Current Spot Prices

    CRITICAL MATERIALS — FULL YEAR AND CURRENT SPOT PRICES AVG AVG JULY 21, 2021 AVG ‘20 VS. AVG SPOT VS. AVG MATERIALS 2019 2020 SPOT ‘19 % CHANGE ‘20 % CHANGE Ferrovanadium ($/lb) $21.95 $10.81 $17.15 (51%) 59% CRU Molybdenum ($/lb) $11.43 $8.67 $18.20 (24%) 110% S&P Global Platts Nickel ($/MT) $13,93

  13. Slide 13: Net Income (Loss) to EBITDA Reconciliation

    NET INCOME (LOSS) TO EBITDA RECONCILIATION (000’s USD) Q2 2021 Q2 2020 Net income (loss) $4,272 ($12,606) Income tax benefit (5,580) (413) Net finance cost * 4,761 5,802 Equity-settled share-based payment transactions ** 1,194 1,254 Restructuring expense 334 370 Inventory cost adjustment 1,497 1,093

AMG Critical Materials — Q2 2021 Earnings Presentation on 6ix