Slide 1: Financial Results for H1 & Q2 2022
FINANCIAL RESULTS FOR H1 & Q2 2022 XTPL S.A. Filip Granek, CEO Autor: September 22,październik Data: 19 2022 2019 xtpl.com
Slide 2: XTPL at a Glance
XTPL AT GLANCE XTPL is a global player, developer and provider of breakthrough and unprecedented technology for electronics manufacturers, enabling effective production of new generation devices Founded in 2015, based Targeted and effective IP regularly secured by in Poland and USA strategy focused
Slide 3: Agenda
AGENDA 1. 2. 3. 4. EXECUTIVE FINANCIAL RESULTS SUMMARY OF SUMMARY SUMMARY ACHIEVEMENTS AND OUTLOOK xtpl.com 3
Slide 4: Executive Summary H1 and Q2 2022
EXECUTIVE SUMMARY H1 AND Q2 2022 • Start and continuation of first collaborations with industrial partners in the area of Achieving revenue of EUR 0.64 million PCBs and semiconductors, with first payments received from the sale of product and services • Work on a total of nine evaluations of technol
Slide 5: Financial Results for H1 & Q2 2022
FINANCIAL RESULTS FOR H1 & Q2 2022 xtpl.com 5
Slide 6: Financial Performance – H1 & Q2 2022 Summary
FINANCIAL PERFORMANCE – H1 I Q2 2022 SUMMARY * figures in EUR thousand 1H2022 H1 2022 1H2021 H1 2021 2Q2022 Q2 2022 2Q2021 Q2 2021 Grants EBITDA adjusted CF from Grants EBITDA adjusted CF from Commercial (reimbursement for incentive operating Commercial (reimbursement for incentive operating Quarter
Slide 7: Financial Performance – H1 & Q2 2022 Summary
FINANCIAL PERFORMANCE – H1 I Q2 2022 SUMMARY * figures in EUR thousand Revenueze Przychody from the sprzedaży Sharewin Udział total sales sprzedaży ogółem EUR 0.64 million produktów i usług sale of products 640 • an upward trend in revenue from the sale of Revenue from the sale of products and servi
Slide 8: Financial Performance – H1 & Q2 2022 Summary
FINANCIAL PERFORMANCE – H1 I Q2 2022 SUMMARY * figures in EUR thousand H1 2022 H1 2021 Q2 2022 Q2 2021 • 21-fold increase in revenue from the sale of sale of Total revenues 1 031 164 682 13 products and services in H1 2022 and a 26-fold Revenue from the sale of products 640 31 439 17 increase in Q2
Slide 9: Cash Flow
CASH FLOW * figures in EUR thousand 93 129 512 48 50 206 640 986 746 1 310 01.01.2022 sale of products grants working capital depreciation other operting cost of investing operating 30.06.2022 (reimbursement flows products sold flows costs and advances) xtpl.com 9
Slide 10: XTPL Grant Projects
XTPL GRANT PROJECTS An international technological project in which XTPL is involved. The project aims to Q1 2022, develop a new technology for the production of microLED displays using selected additive techniques, including the UPD technology Q2 2022 • Implementation period: 24 months • Total Proj
Slide 11: Summary of H1 & Q2 2022 Achievements
SUMMARY OF H1 & Q2 2022 ACHIEVEMENTS xtpl.com 11
Slide 12: Company Development Phase
COMPANY DEVELOPMENT PHASE NEXT STEP CURRENT PHASE • integration of XTPL Printing INITIAL TECHNOLOGY • Research & Development Module to industrial DEVELOPMENT PHASE • rapid prototyping equipment • commercialization of the Delta • continuous supply of ink Printing System and XTPL nanoinks and nozzles
Slide 13: Global Range of Activity
GLOBAL RANGE OF ACTIVITY XTPL is based in Poland and in the USA (XTPL Incorporated). The Company is in talks with global players and is currently commercializing its products on the markets of North America, Europe and Asia. XTPL acquired business partners in South Korea, China and Hong Kong, Britis
Slide 14: International Business Partners
INTERNATIONAL BUSINESS PARTNERS XTPL DISTRIBUTORS BANDI CONSORTIA YI XIN SEMITRONICS MERCONICS* VERTEX* (South Korea) (China and Hong Kong) (British Isles) (Germany) (India) XTPL has established XTPL is expanded its presence in XTPL intends to introduce its Merconics will promote XTPL XTPL started c
Slide 15: XTPL Products
XTPL PRODUCTS HIGH-RESOLUTION DELTA HIGHLY- HIGHLY- PRINTING MODULE PRINTING CONCENTRATED CONCENTRATED FOR INTEGRATION SYSTEM NANOINKS NANOINKS ▪ printing module for integration ▪ XTPL technology demonstrator ▪ silver nanoinks with a high silver with industrial equipment ▪ stand-alone R&D and protot
Slide 16: Current Industrial Project Pipeline
CURRENT INDUSTRIAL CURRENT INDUSTRIAL PROJECT PIPELINE PROJECT PIPELINE (only projects in Stage 2 and above shown) (only projects in Stage 2 and above shown) STAGE 0 STAGE 1 STAGE 2 STAGE 3 STAGE 4 STAGE 5 INDUSTRY AND PARTNER / Base-technology Initial contact and Technology Evaluation Technology In
Slide 17: Entering the Key Stage of Industrial Implementation in Semiconductors
ENTERING THE KEY STAGE OF INDUSTRIAL IMPLEMENTATION IN THE SEMICONDUCTOR AREA FOR A PARTNER FROM TAIWAN • On 22 July 2022 XTPL confirmed acceptance of an order for the delivery of a printing module for industrial integration and will deliver its technology in the form of a printing module to build a
Slide 18: Continuation of the Collaboration with Nano Dimension in PCB
CONTINUATION OF THE COLLABORATION WITH NANO DIMENSION IN THE FIELD OF PCB - THE FIRST INDUSTRIAL PARTNER • On January 10, 2022, XTPL entered into a cooperation agreement with Nano Dimension Ltd. • Collaboration to develop a special formulation of conductive ink for the devices manufactured and suppl
Slide 19: Delta Printing System: Commercialisation and Pipeline H1 2022
DELTA PRINTING SYSTEM: COMERCIALISATION AND PIPELINE H1 2022 H1 2022 H1 2022 Until the first industrial implementation, the company decided to sell its products in the form of a printer and nanoinks in order to OFFER MADE DEMO PROJECTS AND SALES CONTRACT SIGNED start generate cash flows from operati
Slide 20: Nanoinks: Commercialisation and Pipeline H1 2022
NANOINKS: COMERCIALISATION AND PIPELINE H1 2022 SAMPLE SENT TO SALES CONTRACT OFFER MADE TO A POTENTIAL CLIENT AND SIGNED AND PRODUCT POTENTIAL CLIENT NEGOTIATIONS DELIVERED 39 5 11 Ink sales H1 2022 Key milestones: • 11 independent orders from EMEA region, USA and Asia • 37 orders from the beginnin
Slide 21: Signed First Private Label Agreement with nScrypt
SIGNED FIRST PRIVATE LABEL AGREEMENT WITH NSCRYPT • On April 5, 2022, XTPL strengthens cooperation with nScrypt Inc. by concluding a private label agreement. • XTPL’s Ag Nanopaste CL85 will be added to nScrypt’s product offer and will be marketed to nScrypt’s production system users from medical dev
Slide 22: Technology and R&D – H1 2022 Summary
TECHNOLOGY AND R&D – H1 2022 SUMMARY Key achievements and progress in research & development in H1 2022 In 2022, XTPL actively participated in 14 international industry events: • Development of the XTPL UPD technology by elaborating a procedure of sintering the • innoLAE 2022 – UK (Largest Online Ga
Slide 23: Intellectual Property Protection H1 2022
INTELLECTUAL PROPERTY PROTECTION H1 2022 XTPL’s global solutions are being systematically secured by expansion of H1 2022: obtaining patent protection from the Japanese Patent Office the patent cloud. Intellectual property is a product and a competitive (January 2022) and from the US Patent Office (
Slide 24: War in Ukraine and XTPL
WAR IN UKRAINE AND XTPL MARKET IMPACT IMPACT ON INTERNAL ACTIVITIES The war in Ukraine did not change XTPL's operating model. The Company has The Company and its employees undertook a number of activities to help Ukrainian not been affected by any impact of the conflict on the printed electronics wa
Slide 25: Summary and Outlook
SUMMARY AND OUTLOOK xtpl.com 25
Slide 26: Summary and Outlook
SUMMARY AND OUTLOOK XTPL is a global player in the rapidly growing printed electronics market, with a targeted development strategy, an interdisciplinary team of experts and support from stable shareholders. It offers global business partners the world’s most precise, platform printing technology, p
Slide 27: Thank You
CONTACT FOR INVESTORS: investors@xtpl.com XTPL S.A. Stabłowicka 147 54-066 Wrocław, Poland xtpl.com THANK YOU
Slide 28: Disclaimer
DISCLAIMER This presentation has been prepared by XTPL S.A. (“Company”) for the sole purpose of giving an introduction on the business of the Company. The presentation: • has selected information; it does not give a comprehensive description of business or financial analysis of the Company; • is not