Photon Energy Nv · GPW:PEN
Photon Energy Nv — Q2 2025 Earnings Presentation
17 slides from Photon Energy Nv's earnings presentation, Aug 20, 2025
Slide 1: Q2 2025 Results Conference
Q2 2025 Results Conference Georg Hotar, CEO David Forth, CFO Photon Energy N.V. 20 August 2025
Slide 2: Disclaimer
Q2 2025 Results Presentation Disclaimer This presentation is for information purposes only and may not be copied in whole or in part for any purpose, or forwarded to third parties or published. This presentation includes written material or slides for a presentation on Photon Energy N.V. (“the Compa
Slide 3: Business Results, Financial Results, Q&As
Business Results Financial Results Q&As Lord Howe Island, Australia (1.3 MWp / 3.7 MWh)
Slide 4: Business Results
Business Results Financial Results Q&As Slavkov, Czech Republic (1.2 MWp)
Slide 5: Investments / Electricity Generation
Q2 2025 Results Presentation Segment: Investments / Electricity Generation ► No additions to IPP portfolio in Q2 2025. Year-on-year changes ► Output declined only in the merchant portfolio, while generation from assets under include: a) commissioning of 10.7 MWp in Romania and support schemes (feed-
Slide 6: Investments / Revenues
Q2 2025 Results Presentation Segment: Investments / Revenues ► Total revenues from sales of electricity reached EUR 8.1 million in Q2) ► The combined effect of stronger pricing and higher generation from key 2025 (-4.7% YoYand EUR 12.3 million YTD (+0.3 YoY). Under- assets contributed to the overall
Slide 7: Engineering
Q2 2025 Results Presentation Segment: Engineering External Revenues (EUR 000s) Consolidated EBITDA (EUR 000s) 6,000 -8.5% 500 5,000 226 0 4,000 -500 3,000 5,733 -1,600 5,248 -1,000 2,000 1,000 -1,500 0 -2,000 Q2 2024 Q2 2025 Q2 2024 Q2 2025 ► External revenues of EUR 5.2 million in Q2 2025 (-8.5 YoY
Slide 8: New Energy
Q2 2025 Results Presentation Segment: New Energy External Revenues (EUR 000s) DSR/Contracted Capacity (MW) Trading Volumes (MWh) External EBITDA (EUR 000s) 7,000 500 70,000 800 -17% 600 6,000 387 60,000 400 +89% 400 5,000 -38% 50,000 676 200 4,000 300 239 40,000 0 3,000 6,245 30,000 58,801 -200 5,17
Slide 9: O&M
Q2 2025 Results Presentation Segment: O&M Contracted Capacity (EUR 000s) External Revenues (EUR 000s) External EBITDA (EUR 000s) 1,200 1,109 1,200 +8.5% 0 +25% 1,000 889 1,000 800 800 -327 600 -366 600 -200 1,027 1,114 400 400 200 200 0 0 -400 Q2 2024 Q2 2025 Q2 2024 Q2 2025 Q2 2024 Q2 2025 O&M Card
Slide 10: Technology Trading
Q2 2025 Results Presentation Segment: Technology Trading Capacity Traded (MW) External Revenues (EUR 000s) External EBITDA (EUR 000s) 7,000 600 Inverters, MW 6,000 400 5,000 +183% 200 454 4,000 Modules, MW 0 3,000 6,284 -200 -466 2,000 Batteries, MWh 1,000 2,223 -400 0 -600 0.0 10.0 20.0 30.0 40.0 5
Slide 11: Photon Water
Q2 2025 Results Presentation Segment: Photon Water Major Milestone Achieved with In-situ PFAS Remediation ► The patent procedure for our nano-remediation technology has been successfully completed in China and Japan - the first two of a dozen countries in which a patent application had been filed. T
Slide 12: Financial Results
Business Results Financial Results Q&As Siria, Romania (5.7 MWp)
Slide 13: Financial Results
Q2 2025 Results Presentation Financial Results In thousand EUR Q2 2025 Q2 2024 YoY change H1 2025 H1 2024 YoY change Total revenues 25,707 23,914 7.5% 47,756 41,289 15.7% of which from electricity generation 8,151 8,549 -4.7% 12,329 12,295 0.3% other revenues 17,556 15,365 14.3% 35,427 28,994 22.2%
Slide 14: Balance Sheet
Q2 2025 Results Presentation Balance Sheet Assets 300,000 EUR Total assets EUR 272.8 M -1.0% 270.2 M 275,000 14.4 M 10.4 M ► Fixed assets amounted to EUR 221.268 million compared to EUR 216.890 250,000 41.6 M Current assets 38.5 M 225,000 -12.6% million at the end of 2024. This increase can be prima
Slide 15: Cash Flow
Q2 2025 Results Presentation Cash Flow ► Operating cash flow of EUR 8.202 million, thanks to positive In thousand EUR Q2 2025 Q2 2024 developments of working capital, declining inventories and increase of Operating cash flow 8,202 1,898 payables and contracted liabilities related to EPC business. In
Slide 16: Photon Energy Group Q&A
_™ Photon Energy Group Q&A
Slide 17: Thank you for joining us today!
Thank you for joining us today!