Sfc Energy Ag · XETR:F3C
Sfc Energy — Investor Presentation (February 2024)
25 slides from Sfc Energy's investor presentation, Feb 22, 2024
Slide 1: SFC Energy AG Investor Presentation
SFC Energy AG Investor Presentation 22 February 2024 – Preliminary Figures FY 2023
Slide 2: Disclaimer
2 Disclaimer THIS PRESENTATION IS BEING PROVIDED TO YOU SOLELY FOR YOUR INFORMATION. IN PARTICULAR, THIS PRESENTATION MUST NOT BE PUBLISHED OR DISTRIBUTED IN THE UNITED STATES OF AMERICA (THE “UNITED STATES”), AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION IS UNLAWFUL. AN
Slide 3: Favorable macro environment drives substantial market potential for fuel cells
3 Favorable macro environment drives substantial market potential for fuel cells More than 140 countries have set net-zero targets, covering Market potential in the global fuel cell market remains huge: more than 85% of global energy-related emissions: Germany: reduction of CO2 emissions by 65% unti
Slide 4: We are on the path to net zero
We are on the path to net zero Power generation Electrolyzer CO, neutral energy supply with wind/soler Green SFC/EFOY Hydrogen H, Fuel cells Hydrogen H, Methanol
Slide 5: SFC at a glance: 22+ years of clean energy & power management leadership
5 SFC at a glance: 22+ years of clean energy & power management leadership 65,000 381 fuel cells sold employees(1) of which globally 22% in R&D Group sales* Adjusted EBITDA* 118.2 mEUR 15.2 mEUR Up +86% vs FY 2022 10.0m kWh 100+ environmentally global sales and friendly energy distribution partners
Slide 6: Higher power fuel cells and proprietary membrane technology
6 Higher power fuel cells and proprietary membrane technology Addressable power level by technology platform Fuel Cell stack and MEA k PEM Hydrogen Fuel Cells 500 (up to 500 kW) Modular Hydrogen Fuel Cell PEM Hydrogen Fuel Cells Solutions (2.5 kW – 50kW) Market Launch 2024 100 Power Range [kW] Direc
Slide 7: Market Access and Business Segments
7 Market Access and Business Segments Clean Energy Almelo, NL Brunnthal, DE (HQ) Swindon, UK 67% FY 2023 Cluj, RO Hydrogen, fuel cells and integrated solutions Calgary, CA B2B: Telecom, Wind, Infrastructure, Security, Energy B2G: Public Security, Transportation, Traffic Salt Lake City, US* B2C: Cara
Slide 8: Large customer order and regional expansion in the USA
8 Large customer order and regional expansion in the USA SFC Energy receives follow-up order for EFOY Pro 2400 fuel cells from LiveView Technologies in the USA for the reliable operation of mobile CCTV trailers Opening of SFC Sales and Service site in the USA in Q1 2024
Slide 9: Regional expansion and market access in India
9 Regional expansion and market access in India SFC Energy launched the manufacturing of hydrogen and methanol fuel cells at SFC’s new production site in New Delhi/Gurgaon, India The local capacity expansion is in line with the “Make in India” initiative and will make an important contribution to a
Slide 10: Power supply for a climate-neutral business park in Austria
10 Power supply for a climate-neutral business park in Austria SFC has installed EFOY H2Cabinets with 50kW system power Surplus solar energy is used to produce green hydrogen by electrolysis and stored in separate high-pressure tanks EFOY H 2Cabinets are connected to the hydrogen tanks In the months
Slide 11: Self-sufficient and emission-free power supply with H2Genset
11 Self-sufficient and emission-free power supply with H2Genset The H2Genset provided self- sufficient, emission-free electricity using hydrogen fuel cell technology at festivals, e.g. at the Wacken Open Air, Lautfeuer, Deichbrand and Nibirii festival as well as at construction sites without access
Slide 12: SFC's pillars for growth
12 SFC’s pillars for growth Market and Regional expansion Technology & IP Development M&A - Inorganic growth 1 - Market & regional expansion 2 - Technology & IP development 3 - M&A Expansion of sales and service networks Introduction of new products e.g. high-power Complementary technologies for SFC
Slide 13: SFC Midterm Growth Plan
13 SFC Midterm Growth Plan Sales Revenue 400-500(2) mEUR . 115-117(1) mEUR 53 mEUR 2020 2023 2028 SFC’s pillars for growth Growth profile Market & regional expansion Faster organic growth: Successful regional expansion in India and USA Scaling of business in the USA Further expansion and local prese
Slide 14: SFC Financial Update
14 SFC Financial Update
Slide 15: Key-Financials FY 2023 preliminary | Strong growth
15 Key-Financials FY 2023 preliminary | Strong growth Sales development in mEUR Adjusted EBITDA & margin in mEUR Adjusted EBIT & margin in mEUR 9.6% 12.8% 3.7% 8.2% Margin Margin 118.2 15.2 +38.6% +86.0% 85.2 9.7 8.2 +203.1% 3.2 FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023
Slide 16: Forecast 2024
16 Forecast 2024 Sales development in mEUR Adjusted EBITDA in mEUR Adjusted EBIT in mEUR (17.5 – 22.4) (147.7 – 153.5) 15.2 118.2 (9.8 – 14.7) 9.7 85.2 8.2 3.2 FY 2022 FY 2023 FY 2024E FY 2022 FY 2023 FY 2024E FY 2022 FY 2023 FY 2024E
Slide 17: SFC share summary
17 SFC share summary Share price development & trading volume until 19/02/2024 Information on the share price(1) (EUR) 30 € 400.000 Share data (19 February 2024) Share price development (in EUR) Current share price 52 Wk High 25 € 18.34 25.15 (in EUR) (15/06/2023) 300.000 52 Wk Low 20 € Shares outst
Slide 18: Leading the fuel cell system revolution in stationary power
18 Leading the fuel cell system revolution in stationary power Only fuel cell solutions provider combining ambitious growth and sustainable profitability. Established global distribution infrastructure with 100+ partners driving a leading sales track record and a growing direct global footprint
Slide 19: Contact
19 Eugen-Saenger-Ring 7 85649 Brunnthal – Germany www.sfc.com Dr. Peter Podesser Daniel Saxena Susan Hoffmeister CEO CFO Investor Relations Tel.: +49 (0)89-673 592-170 Tel.: +49 (0)89-673 592-170 Tel.: +49 (0)89-125 09 03-33 E-mail: ir@sfc.com
Slide 20: Appendix
20 Appendix Vertraulich / Confidential
Slide 21: We provide integrated hybrid fuel cell solutions
21 We provide integrated hybrid fuel cell solutions Fuel service EFOY Fuel cells EFOY Batteries Power Management EFOY Energy solutions Fuel Hydrogen EFOY EFOY Hydrogen EFOY lithium SFC Power Power Energy H2 Genset cartridges electrolyzers (Methanol) (Hydrogen) battery manager management solutions (M
Slide 22: USPs of EFOY H2Cabinet Indoor for decentralized energy supply
22 EFOY Hydrogen Fuel Cells USPs of EFOY H2Cabinet Indoor for decentralized energy supply 100% reliable power supply Hybrid Configuration w./ Solar Zero Emission Picture: SAN Group Combination w./ green hydrogen production (electrolysis) Scalable output power
Slide 23: USPs of EFOY H2Cabinet Outdoor for critical infrastructure
23 EFOY Hydrogen Fuel Cells USPs of EFOY H2Cabinet Outdoor for critical infrastructure 100% reliable back-up power supply Scalable output power Reduced operating costs Low maintenance Zero Emission
Slide 24: USPs of EFOY Pro Fuel Cell in the Industry Market
24 EFOY Methanol Fuel Cells USPs of EFOY Pro Fuel Cell in the Industry Market 100% reliable energy supply Long autonomy and low maintenance Savings in personnel and logistic costs Permanent connectivity Environmentally friendly
Slide 25: USPs of Power Platforms
25 Power Supply Solutions USPs of Power Platforms High accuracy High efficiency Safety interlock High power and voltage