Slide 1: Investor Presentation
Vmoto Limited (ASX:VMT) Investor Presentation For personal use only Electric Vehicle - Think Future May 2019
Slide 2: Disclaimer
Disclaimer For personal use only IMPORTANT NOTICE The information contained in this presentation is current as at 15 May 2019 and is provided by Vmoto Limited (ABN 36 098 455 460) (“Vmoto”) as a summary document for information purposes only and may contain certain unaudited financial information in
Slide 3: Company Overview
Company Overview For personal use only Vmoto Limited (ASX:VMT) (‘Vmoto’ or ‘the Company’) is a global scooter ASX Code VMT manufacturing and distribution group. The Company specialises in high quality electric Market Capitalisation 22.1 million powered two-wheel vehicles and manufactures and distrib
Slide 4: Board of Directors
Board of Directors For personal use only Phil Campbell Charles Chen Ivan Teo Jacky Chen Shannon Coates Non-Executive Chairman Managing Director Finance Director Non-Executive Director Non-Executive Director / Company Secretary • Experienced ASX chairman • Ex-Honda Sundiro senior • Qualified finance
Slide 5: FY18 Operational Highlights
FY18 Operational Highlights For personal use only Focus on high margin international markets Strong sales achieved Successful product launch European expansion completed • ~95% of the sales units in 2018 • Two new successful product • European warehouse (Vmoto Europe were high-end/high margin launch
Slide 6: FY18 Financial Highlights
FY18 Financial Highlights For personal use only • Positive EBITDA for FY18 Growing unit sales in Europe – Confident of a successful FY19, supported by 4000 ongoing upward trend in sales to Europe 3000 • FY18 revenue of $19.6 million, up 30% on FY17 2000 • Revenue mix continues to shift towards highe
Slide 7: Investment Highlights
Investment Highlights For personal use only Strong financial position and sales Growing market, driven by Unique competitive advantage growth legislative changes and disruption • China Industrial foundation and • Positive EBITDA reported for FY2018 • Many European countries are offering comprehensiv
Slide 8: Product Portfolio
Product Portfolio For personal use only E-Max: Super Soco: Targeting B2B customers Targeting B2C customers • Vmoto’s E-Max range of electric scooters has secured • Super Soco product range aims to provide ‘cool and a reputation in the international market as one of the fun’ technology products to gl
Slide 9: Very Large Growing Market Opportunity
Very Large Growing Market Opportunity For personal use only Regulatory environment driving adoption Currently 100,000 EV charging • Focuses on sophisticated European and points international markets 2 million needed • Changes in European legislation - 2018 by 20251 to meet EU Co2 targets – driving g
Slide 10: Strong industrial foundation in China, Higher Margins
Strong industrial foundation in China, Higher Margins For personal use only One of a limited number of two-wheel vehicle manufacturers licensed in China Vmoto is a holder of a Chinese electric two- wheel vehicle manufacturing licence • Limited number available • Minimal direct competition China stro
Slide 11: Growing Global Distribution Network
Growing Global Distribution Network For personal use only Over 30 global distributors at the end of FY18 provide access to most major continents, including into the large, growing markets of Europe, South America and Asia Wholly-owned European subsidiary • Distribution to a number of Europe distribu
Slide 12: B2B and B2C Distribution Channels
B2B and B2C Distribution Channels For personal use only B2B Distribution model B2C Distribution model • Primarily focused on supplying high performance and endurable • Primarily focused on sales with a growing international product and EV solutions to businesses with delivery and sharing distributio
Slide 13: Major B2B Partners In Europe
Major B2B Partners In Europe For personal use only GreenMo Rent QuaZZar U’Mob DAO Distribution • European rental company • Large electric mobility and • An urban green mobility • A delivery company based in • Focused on renting electric fleet management system company in France, focused Denmark scoo
Slide 14: Strategic Partnership with Super Soco Group
Strategic Partnership with Super Soco Group For personal use only Significant synergy from Strategic Partnership between Vmoto and Super Soco • Both Vmoto and Super Soco products are manufactured at the Company’s Nanjing facility, under Vmoto’s manufacturing licence • Efficiencies gained in shared R
Slide 15: Ongoing Presence at International Events
Ongoing Presence at International Events For personal use only Vmoto actively participates in well-known international motor exhibitions to continue to build strong brand and product awareness 15
Slide 16: Targets for the next years
Targets for the next 3 years For personal use only Dedicated B2C image stores and shop- Global distribution network Europe dealers and network in-shop1 Number of distributors in the world Number of dealers in Europe Number of image stores and shop-in-shop 80 1200 1000 600 500 60 1000 800 500 60 50 4
Slide 17: Strategy for the next years
Strategy for the next 3 years For personal use only International business development After sales services Joint venture with partners • Vmoto International team to focus on • Established Netherlands operations • Proactively identify and discuss with right international business development, provid
Slide 18: Summary
Summary For personal use only Barriers to entry • China based manufacturing facility and strategic partnership with Super Soco significantly reduces manufacturing costs • Fully licensed: Vmoto holds one of a very limited number of Chinese two-wheel vehicle manufacturing licence, with low competition