Vmoto Limited · ASX:VMT
Vmoto — Investor Presentation (May 2022)
30 slides from Vmoto's investor presentation, May 16, 2022
Slide 1: Vmoto Presentation May 2022
For personal use only VMOTO PRESENTATION May 2022
Slide 2: About Us
For personal use only 01 About Us Vmoto Limited
Slide 3: Vmoto Overview
Vmoto Overview (A$ - Dec. year end) $86.2m For personal use only • Vmoto Limited (“Vmoto”) is a global company focused FY21 revenue, up 41% on FY20 on the development, manufacture and distribution of high quality electric two-wheel vehicles (electric $8.0m motorcycles and electric mopeds) in interna
Slide 4: What makes Vmoto Unique
What makes Vmoto Unique For personal use only Vmoto is a brand owner, manufacturer and distributor of high First mover advantage in a fast growing global EV market with quality electric two-wheel vehicles strong tailwinds • Three brands servicing B2B and B2C markets globally • Legislative changes in
Slide 5: Board Members & Key Management
Board Members & Key Management For personal use only Board Members & Key Management China Australia Europe Charles Blair Shannon Giovanni Graziano Ivan Teo Jacky Chen Chen Sergeant Coates Castiglioni Milone 5
Slide 6: Vmoto Key Management
VMOTO SOCO 2020 Vmoto Key Management For personal use only Charles Ivan Blair Giovanni Graziano Chen Teo Sergeant Castiglioni Milone Managing Director Director Strategic Advisor CMO / Business Director Development • Ex-Honda Sundiro • Finance executive with • Experienced public • Former President, M
Slide 7: Vmoto Global Corporate Structure
Vmoto Global Corporate Structure For personal use only 100% Vmoto Australia Pty Ltd Vmoto Limited (Australia) 100% 100% Vmoto Soco International Vmoto Soco International Ltd (HK) Pte Ltd (Singapore) 100% 50% 100% Nanjing Vmoto Co, Ltd Vmoto Europe BV Vmoto Soco Italy srl (China) (Netherlands) (Italy
Slide 8: Vmoto Manufacturing Facility
Vmoto Manufacturing Facility For personal use only • Vmoto wholly owned a state of the art, 30,000 sqm manufacturing and warehouse facility in Nanjing, China • Vmoto holds a Chinese manufacturing license to produce electric two-wheel vehicle • Manufacturing expertise to produce European style premiu
Slide 9: Vmoto Business
For personal use only 02 Vmoto Business 9
Slide 10: Very Large Growing Electric Moped and Motorcycle Market
Very Large Growing Electric Moped and Motorcycle Market Size, by Vehicle Type, 2020-2027 (thousand units) Market Opportunity For personal use only Key Drivers of Growth in 2-Wheel EV Market • European Governments with incentives and regulations to encourage consumers to adopt electric vehicles inclu
Slide 11: B2B Fleet
B2B Fleet For personal use only • Vmoto’s range of electric mopeds has secured a reputation in the international market as one of the best performing electric two-wheel delivery vehicles available. • Vmoto electric two-wheel delivery vehicles are highly adaptable and well suited for long-distance, h
Slide 12: B2B Ride-Sharing
B2B Ride-Sharing For personal use only B2B Ride-Sharing Summary • Vmoto’s ride-sharing customers grew to 7 ride- sharing customers in FY2021 • Countries with ride-sharing customers include: Austria, Belgium, Canada, Czech Republic, Italy, Netherlands, Slovakia, Taiwan and Turkey • In discussions wit
Slide 13: B2B Delivery
B2B Delivery For personal use only B2B Delivery Summary • Vmoto’s delivery customers grew to 16 delivery customers in FY2021 • Countries of delivery customers include: Netherlands, Denmark, Italy, France, United Kingdom, Brazil, Portugal, Switzerland, Malaysia, Greece, Indonesia, Slovenia • In discu
Slide 14: Vmoto Fleet Product Range
Vmoto Fleet Product Range For personal use only 14
Slide 15: B2C Vmoto Premium
B2C Vmoto Premium For personal use only • As part of Vmoto’s global expansion strategy, the Company has launched its new “VMOTO” premium brand, aiming to supply high quality products to international markets. • STASH is the first VMOTO model entirely conceived and designed in Europe. The STASH model
Slide 16: New Vmoto Premium Product
New Vmoto Premium Product For personal use only 16
Slide 17: B2C Super Soco
B2C Super Soco For personal use only • Super Soco is a third party brand Vmoto holds exclusive marketing and distribution rights into international B2C markets (excluding China). • B2C products are manufactured under a joint manufacturing agreement at Vmoto’s Nanjing, China facility. • Aims to provi
Slide 18: B2C Ducati
B2C Ducati For personal use only • Vmoto manufacture and distribute a CUX Ducati Special Edition electric two-wheel vehicle • Distributed by Vmoto under a worldwide licensing agreement signed with Ducati Motor Holding S.p.A. (Ducati). The licensing agreement continues in 2022 whilst Vmoto progresses
Slide 19: B2C Product Range
For personal use only B2C Product Range 19
Slide 20: New B2C Products
New B2C Products For personal use only TS Street Hunter, TC Wanderer, CUmini Vmoto expanded its B2C product offerings with the launch of three new B2C electric two-wheel vehicle models, the new TS model, the new TC model and a CUmini model, all of which were unveiled at the 2021 Vmoto Soco World Pre
Slide 21: Vmoto Sales Units and Financials
For personal use only 03 Vmoto Sales Units and Financials 21
Slide 22: Vmoto FY21 Financial Highlights
Vmoto FY21 Financial Highlights For personal use only Revenue Cash flows 1 Revenue of $86.2 million, up 41% on 4 Strong positive cash flows from FY20 operating activities of $3.8 million Net profit after tax Cash 2 Net profit after tax (NPAT) of $8.0 5 Strong cash position of $18.6 million at millio
Slide 23: Vmoto FY21 Operational Highlights
Vmoto FY21 Operational Highlights For personal use only Total units sold B2B businesses 1 Total unit sales of 31,275 units for FY21, 4 Repeat orders from existing B2B customers up 33% on 1H20 and significant increased interest from business customers including food delivery, parcel delivery and ride
Slide 24: Vmoto International Sales Units by Quarter
Vmoto International Sales Units by Quarter For personal use only Vmoto Total Sales Units by Year from FY2018-FY2021 Vmoto International Sales Units by Quarter from FY2019-2022 Total Sales Units International Sales Units 35,000 12,000 30,000 10,000 25,000 8,000 20,000 6,000 15,000 4,000 10,000 2,000
Slide 25: Vmoto Financial Results
Vmoto Financial Results For personal use only Revenue Net profit after tax (NPAT) 100 10 $m $m 8.1 90 86.2 80 70 3.7 61.0 60 1.4 50 45.7 - FY18 FY19 FY20 FY21 40 -0.9 30 19.6 20 10 - FY2018 FY2019 FY2020 FY2021 -10 • Revenue grew by 41% in FY21 on FY20 • NPAT grew by 120% in FY21 on FY20 • Increase
Slide 26: Vmoto Strong Balance Sheet
Vmoto Strong Balance Sheet Total assets increased by $21.7m from 31 For personal use only • Key balance sheet items (A$m) 31 Dec 21 31 Dec 20 % change December 2020 to 31 December 2021. • Inventory up $8m to $12.5m from 31 Dec 2020 Cash $18.6m $15m 24% to 31 Dec 2021 due to increased orders and Trad
Slide 27: Vmoto Outlook
For personal use only 04 Vmoto Outlook 27
Slide 28: Outlook
Outlook For personal use only • Vmoto continues to execute on its strategy of selling high performance and value for money electric motorcycles/mopeds into international markets and expanding both its B2B businesses and B2C distribution network worldwide. • Vmoto is looking to penetrate various new
Slide 29: Disclaimer
Disclaimer For personal use only Important Notice This presentation has been prepared by Vmoto Limited (Vmoto or the Company) and has been approved by the Board of Vmoto. The information contained in this presentation is current as at 13 May 2022 and is provided by Vmoto as a summary document for in
Slide 30: Thank You
For personal use only THANK YOU Vmoto Limited Vmoto Europe B.V. Suite 5, 62 Ord Street, West Perth, Boekweitstraat 95-97 Western Australia 6005, Australia 2153 GK Nieuw Vennep The Netherlands ABN: 36 098 455 460 ASX: VMT Vmoto Soco Italy Phone: +61 8 9226 3865 Viale Fratelli Casiraghi, 427 Email: in