Vivopower Plc · NASDAQ:VIVO
Vivopower — VivoPower International — FY2023 Earnings Presentation
17 slides from Vivopower's earnings presentation, Oct 2, 2023
Slide 1: Full-Year Results Presentation for the Year Ended June 30, 2023
VW VINOPOWER FULL-YEAR RESULTS PRESENTATION FORTHE YEAR ENDED JUNE 30, 2023 October 2, 2023 ©:
Slide 2: Disclaimer
Disclaimer This presentation contains "forward-looking statements” relating to VivoPower International PLC ("VivoPower”) within the meaning ofthe Private Securities Litigation Reform Actof 1995, including, but not limited to, estimates relating to our future energy development and investment activit
Slide 3: Executive Summary | Improved group EBITDA & EPS loss per share, strong Tembo momentum
Executive Summary | Improved group EBITDA & EPS loss per share, strong Tembo momentum + Full.yearrevenuet decreased by $7-4m or 38 year-on-year ("y-0-y")to$15.1m. This was primarily attibutableto delaysin project delivery across ‘Aeitas Solar Kenshaw Critical Power, consistent Tembo revenues and the
Slide 4: FY23 Key Developments | Significant strategic & operational progress for Tembo
FY23 Key Developments | Significant strategic & operational progress for Tembo Key achievements included securing strategic investment from UAE and definitive agreements with ETC, Ulti-Mech and Fourche Maline Comments & Updates November January February arch May tune |@} SaleofJAMartinex-Solar capit
Slide 5: Team | Increased Tembo engineering headcount, doubling cumulative EV experience
Team | Increased Tembo engineering headcount, doubling cumulative EV experience Leadership Team Board of Directors ‘Advisory Councit md Eric ehtmann Nin tomrence anand Hyams he Mae Hugh Durrant Eduardo Nebot a HR Strategy Orientateteamcapabiltesto ‘operations, product, engineering, assembly and SES!
Slide 6: VivoPower's Impact | Among best B Corps & global impact leadership recognised again
VivoPower’s Impact | Among best B Corps & global impact leadership recognised again VivoPower has retainedits 8 Corp Certification and ranked among the top impact companies globally for the 3 year inarow Certified ©) Corporation Corporation accreditation achieved and maintained since 2028 Partofa gl
Slide 7: Profit and Loss Summary for the Year Ended June 30, 2023
Profit and Loss Summary for the Year Ended June 30, 2023 Profitetoss (UsSm~exceptwhereindicatedotherwise) FY2023 _FY2022 Comments Revenue ‘eitas Critical Power including Solar)? 136 21.0 Decrease primarilyatibutabletotimingof project execution across AevtasSolarand Kenshaw Critical Power TemboEV 15
Slide 8: Reconciliation of Adjusted (Underlying) EBITDA to IFRS Financial Measures
Reconciliation of Adjusted (Underlying) EBITDA to IFRS Financial Measures For Year Ended Non-FRSFinanciat Measures (US$m) June 30,2008 Jane 30,2022 Netaftertax loss fom continuing operations (203) (au ‘Income tax expense Os (2.0) Foreignexchange gains an losses, 1s 43 Nettinance expense/(income) 46
Slide 9: Reconciliation of Adjusted (Underlying) Earnings per Share to IFRS Financial Measures
Reconciliation of Adjusted (Underlying) Earnings per Share to IFRS Financial Measures For Year Ended Non-IFRS Financial Measures (US$m - except where indicated otherwise) June 30, 2023 June 30, 2022 Netaftetax toss fom continuing operations forthe period (aoa) (La Restructuring oternonreuringcosts 2
Slide 10: Balance Sheet Summary as at June 30, 2023
Balance Sheet Summary as at June 30, 2023 Lance Sheet (US$m) June 30,2023 June 30,2022 Comments Projectinvestments 245 213 _$3.2mincrease mainly comprisesintangible development costs of 0.4m in Caret and $3.5m in Tembo, offsetby the amortization forthe year Other non-currentassets 266 26.7 Movement
Slide 11: Tembo | Momentum in commercial & operational progress and new e-Jeepney growth vector
Tembo | Momentum in commer l & operational progress and new e-Jeepney growth vector Tembo is VivoPower’s electric vehicle unit focused on fleet EV conversion for sectors such as mining, government agencies and public transport ra rm ‘outlook Tembo isa Netherlands-based,specialstbattery-electic andof
Slide 12: Aevitas | H1 performance impacted by adverse weather, but strong recovery in H2 to continue
Aevitas | H1 performance impacted by adverse weather, but strong recovery in H2 to continue ‘The Aevitas businessesin Australia deliver specialised, site-specific electrical and power generation solutionsto optimise energy usage Busines: maa a4 outlook ‘+ Asat June 30, 223, Aevitascomprised the Kens
Slide 13: Vivo SES | Charging solutions partnership with Kempower, with others in progress
Vivo SES | Charging solutions partnership with Kempower, with others in progress Vivo SES delivers sustainable energy solutions encompassing battery storage, microgrids, EV charging, battery recycling and change management PPE Focused on delivering full suite, holistic SESto industrial customers and
Slide 14: Caret | Focus on Power-to-X partnerships to vertically integrate renewable power
Caret | Focus on Power-to-X partnerships to vertically integrate renewable power tegration Caret’s advanced-stage solar projects are of strategic value in helping to meet data centres’ growing energy needs for power-to-x application Diversified portfolio totalling 38 solar projects in 9 states acros
Slide 15: FY2024 Key Objectives | Scale up Sustainably
FY2024 Key Objectives | Scaleup Sustainably Deliver Tambo EVkits commitments onschedule + budget Continue R&D programme for Tembo and secure funding Expand Tembo addressable market partnership base Grow Critical Power, ‘expand capabilities & diversify customer base Grow SESbusiness with new capabili
Slide 16: Events Post Financial Year-End | Positive Momentum into FY2024
Events Post Financial Year-End | Positive Momentum into FY2024 + Landmark JV with E-Francisco Motors (Francisco Motors) toelectiythe iconic jeepney public utility vehicles inthe Philippines erect. + Francisco Motors isthe original creator ofthe jeepneys in 1947 and is the acknowledged leader in the
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VivoPower International — FY2023 Earnings Presentation on 6ix