Vivopower Plc · NASDAQ:VIVO
Vivopower — VivoPower International — FY2020 Earnings Presentation
14 slides from Vivopower's earnings presentation, Aug 24, 2020
Slide 1: Full Year Results Presentation
FULL YEAR RESULTS PRESENTATION FOR THE FISCAL YEAR ENDED JUNE 30, 2020 August 24, 2020
Slide 2: Disclaimer
Disclaimer This presentation contains "forward-looking statements“ relating to VivoPower International PLC (“VivoPower”) within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, estimates relating to our future energy development and investment activ
Slide 3: Executive Summary: Record annual revenues, EBITDA turnaround & strategic pivot
Executive Summary | Record annual revenues, EBITDA turnaround & strategic pivot Record annual revenues ▪ Group revenue increased 12% year-on-year to a record $48.7m, driven by growth in Aevitas, the Critical Power Services business unit in delivered despite COVID- Australia 19 ▪ Record annual revenu
Slide 4: VivoPower | New board and leadership team
VivoPower | New board and leadership team Board of Directors Kevin Chin Matthew Michael Hui William Langdon Peter Jeavons Executive Cahir Non-Executive Director Non-Executive Director Non-Executive Director Chairman, Non- • Director of Private Enterprise • 25+ years in software, • 30+ years in execu
Slide 5: Profit and Loss Summary for the Year Ended June 30, 2020
Profit and Loss Summary for the Year Ended June 30, 2020 Profit & Loss (US$m) 2020 2019 1 Comments Revenue Critical Power Services 48.6 42.8 Growth due to long term tailwinds in Australian solar, data centers, hospitals and infrastructure Solar Development 0.1 0.7 Reflect Australian solar revenue on
Slide 6: Reconciliation of Adjusted (Underlying) EBITDA to IFRS Financial Measures
Reconciliation of Adjusted (Underlying) EBITDA to IFRS Financial Measures Non-IFRS Financial Measures (US$m) Year Ended June 30, 2020 Year Ended June 30, 2019 1 Net loss for the year (5.1) (11.3) Income tax 0.7 0.4 Interest income and expense 3.1 3.3 Impairment of goodwill - - Impairment of assets -
Slide 7: Reconciliation of Adjusted (Underlying) Earnings per Share to IFRS Financial Measures
Reconciliation of Adjusted (Underlying) Earnings per Share to IFRS Financial Measures Non-IFRS Financial Measures (US$m – except where indicated otherwise) Year Ended June 30, 2020 Year Ended June 30, 2019 1 Net loss for the year (5.1) (11.3) Restructuring and other non-recurring costs 3.4 2.4 Adjus
Slide 8: Balance Sheet Summary as at June 30, 2020
Balance Sheet Summary as at June 30, 2020 Balance Sheet (US$m) 2020 2019 Comments Project investments 8.2 - US solar portfolio projects, partially reclassified from current assets held for sale Other non-current assets 33.7 36.8 Primarily goodwill and intangibles arising on the 2016 Aevitas business
Slide 9: Critical Power Services (Aevitas): Record revenue and profit growth despite COVID-19
Critical Power Services (Aevitas) | Record revenue and profit growth despite COVID-19 Business • Aevitas comprises the J.A. Martin and Kenshaw businesses FY20 Revenue Contribution by Customer Industry overview • Headquartered in Australia’s most densely populated industrial belt Other, 0% Utilities,
Slide 10: VivoPower (USA): Board and management control of US solar project portfolio secured
VivoPower (USA) | Board and management control of US solar project portfolio secured Business • VivoPower (USA) develops solar projects through a 50/50 JV U.S. Solar Portfolio Summary 2 overview established in April 2017 with (Innovative Solar Systems, LLC (“ISS”) as the contracted solar developer W
Slide 11: VivoPower (Australia): Solar development progress despite policy uncertainty
VivoPower (Australia) | Solar development progress despite policy uncertainty Business • VivoPower (Australia) develops solar projects and operates solar Australian Solar Portfolio Summary overview systems in Australia • VivoPower (Australia) collaborates with the Aevitas business units (especially
Slide 12: Strategic Pivot: Customer-led entry into EV market
Strategic Pivot | Customer-led entry into EV market, with a wholistic sustainable energy solution Business • VivoPower has decided to enter the EV market, with a focus initially on VivoPower EV + Sustainable Energy Solutions (SES) Business Model overview servicing the Australian infrastructure and m
Slide 13: FY21 Key Objectives
FY21 Key Objectives Win new EV + SES Scale up Aevitas Transform US solar Grow Australian solar Optimise capital Maintain lean & customer orders business unit projects portfolio + battery pipeline management sustainable focus Deliver on scheduled Consummate new EV + Secure (at minimum) full Complete
Slide 14: Thank You
THANK YOU © 1©: ’ VIVOPOWER
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