Flying Spark Ltd · TASE:FLYS-M
Flying Spark — Investor Presentation (August 2022)
23 slides from Flying Spark's investor presentation, August 2022
Slide 1: Feeding the World Without Consuming the Earth
FEEDING THE WORLD WITHOUT CONSUMING THE EARTH 1
Slide 2: Disclaimer
DISCLAIMER This Presentation is not a sale of securities to the Public by Flying Spark Ltd. (“The Company”) and should not be interpreted as such, but rather as a marketing presentation of the Company’s products. The information included in this Presentation and any other information to be provided
Slide 3: Company Profile
COMPANY PROFILE Flying Spark is a FoodTech company, active in the Insects alternative protein space Flying Spark is producing high quality The company will incorporate its products in and sustainable alternative protein aquaculture, pet food, cosmetics and human from the fruit fly larvae food (in th
Slide 4: Leading Team
Management team Management team LEADING TEAM GILI COHEN ERAN GRONICH MICHAEL GETTE Chairman of the Board Founder & CEO CFO Dr. GALIT LEVIN TAL OZERI LEE BEN YOSEF AMIR ZAIDMAN 4 Science Director Factory Manager VP People Director 4
Slide 5: Global Protein Shortage
GLOBAL PROTEIN SHORTAGE The challenge: Feeding billions of animals and people with sustainable and high quality protein LIVESTOCK FARMING HAS A VAST ENVIRONMENTAL FOOTPRINT A major source of greenhouse 70% of all agricultural land is used gas emissions contributing to for livestock feed production g
Slide 6: Multiple Markets
MULTIPLE MARKETS FOR RISK MANAGEMENT Aquaculture industry Pet food industry o The global aquaculture industry has reached o The global pet food industry has reached about $107 billion in 20211 about $97 billion in 20214 o Estimated to grow to $170 billion by 2026 o Estimated to grow to $137 billion
Slide 7: A $87 Billion Addressable Markets
A $87 BILLION ADDRESSABLE MARKETS Fish feed Pets Humans Oil Total Global market $107B $97B $42B $56B $293B % Protein/oil 10%-30% 15%-20% 100% 15% in final product Total addressable ~$20B ~$17B ~$42B ~$9B ~$87B market (TAM) 7 7
Slide 8: Multiple Products
MULTIPLE PRODUCTS FOR RISK MANAGEMENT Protein powder Protein powder Premium protein Oil for cosmetics and for aquaculture for pets powder for humans nutraceuticals Advanced, sustainable High quality, High quality, sustainable A unique active solution for fish feed, sustainable protein protein ingred
Slide 9: Consumers Are Shifting to Alternative Protein
CONSUMERS ARE SHIFTING TO ALTERNATIVE PROTEIN Health Ethical Environmental reasons reasons concerns People are choosing to Ethical reasons concerning Growing awareness towards consume less animal protein animal welfare are motivating negative effects on the for health reasons such as people to re-ex
Slide 10: Advantages of Producing Protein from the Fruit Fly Larvae
ADVANTAGES OF PRODUCING PROTEIN FROM THE FRUIT FLY LARVAE 10
Slide 11: Minimal Ecological Footprint
MINIMAL ECOLOGICAL FOOTPRINT 99% 100% 99% Reduction of land 0 Waste Cultivation in a Less water use with Methane closed and minimization consumption Vertical farming emissions controlled needed environment Water usage (L) for producing 1kg of protein Land use (sqm) per 1kg of protein 120000 1800 1,6
Slide 12: Much Better Than Plant Based Protein
MUCH BETTER THAN PLANT BASED PROTEIN Rich in Contains all Minerals: essential Cholesterol Contains Exceeds Amino Omega 7 animal protein in Iron, Calcium, Free fatty acid and its nutritional Magnesium and Acids dietary fibers values Zinc Fruit fly Soy protein Pea protein Whey protein larvae protein E
Slide 13: Advantages of Processing Protein from the Larvae of Fruit Flies
Advantages of processing protein from the larvae of fruit flies 1 COW IN 1 SQM IN 1 MONTH Body mass Year-round Highly efficient The lifespan of Multiplies by 250 Exponential production continuous the larva is 7 in 7 days growth: process, 100% production days In comparison, 300-350 process. utilizati
Slide 14: Focus on ESG
FOCUS ON ESG Environmental Social Governance ✓ Water saving ✓ Future food security ✓ Public company ✓ Land saving solution in third world standards ✓ Carbon and Methane country ✓ Stakeholder emission reduction ✓ High employment standards engagements ✓ Closed and fully control in third world country
Slide 15: Milestones Achieved Since the IPO
Milestones achieved since the IPO PRODUCTION FACILITY COMPLETED IN LESS THAN A YEAR! MILESTONES ACHIEVED SINCE THE IPO: INFRASTRUCTURE Establishment of Procurement of Production facility Licenses obtained Headquarters Recruiting Initiating larvae two subsidiaries machinery and will start from Thai r
Slide 16: Strategic Partners & Customers
STRATEGIC PARTNERS & CUSTOMERS MILESTONES ACHIEVED SINCE THE IPO: COMMERCIAL Advanced Advanced MOU signed to supply Collaboration Distributor Agreements signed and negotiations towards a negotiations towards first 20MT for TU pet agreement was agreements first product developed commercial pilot in t
Slide 17: Investors Believe in Insect Protein
INVESTORS BELIEVE IN INSECT PROTEIN $425 million Establishment of a third plant in France (following France and Holland). Development and production of alternative food produced from mealworms Establishment of a third plant in the USA (following two in $220 million France). Development and productio
Slide 18: Leading Strategic Investors
LEADING STRATEGIC INVESTORS o World’s largest tuna and seafood products manufacturer (about 15% global market share) o Headquartered in Thailand, deployed globally o OEM pet food manufacturer for global brands including Nestle Purina, Mars and others o The protein alternatives field is in the core o
Slide 19: Patents
Patents PATENTS Material Patent Patent applications have been submitted in 11 countries: China, EU, USA, Japan, Thailand, South Korea, Indonesia, Malaysia, India, South Korea EU Mexico and Israel United States Israel Japan China Mexico Thailand Aquaculture patents India Following a joint research, 3
Slide 20: Overview of the Company's Strategy 2022-2024
OVERVIEW OF THE COMPANY’S STRATEGY 2022-2024 MULTIPLE REVENUE CHANNELS: AQUACULTURE | PET FOOD | COSMETICS | HUMAN FOOD 2022-2023 2022-2023 H2 2022 H2 2022 Q4 2022 Q1 2023 Q1 2023 H1 2024 2024 Technological Continued R&D in Initial supply Reinforce Launching the Initial sales Initial sales Obtaining
Slide 21: Company's Strategy Main KPIs
COMPANY’S STRATEGY MAIN KPI’S Main KPI’s 2022 YTG 2023 2024-2026 Phetchaburi Phetchaburi Phetchaburi Thailand + Production facilities Establishment of new facility during the years Thailand Thailand Maximum capacity (Ton) Up to 100 / 40 Up to 1,000 / 400 Company’s target is reaching up to 10,000 Pre
Slide 22: Go-to-Market Strategy 2022-2024
GO-TO-MARKET STRATEGY 2022- 2024 Aquaculture Oils in the cosmetics industry Global protein Pet food industry Oil for the industry cosmetics industry market Focus on APAC Market during Focus on APAC Market during Focus on Thai Market following by Focus on APAC market and 2022-2023: 2022-2023: APAC du
Slide 23: Feeding the World Without Consuming the Earth
FEEDING THE WORLD WITHOUT CONSUMING THE EARTH TASE: FLYS michael@flyingspark.com www.flyingspark.com TASE: FLYS hello@flyingspark.com www.flyingspark.com 23