Nur Ink Innovations Ltd · TASE:NURI
Nur Ink Innovations — Investor Presentation (April 2024)
26 slides from Nur Ink Innovations's investor presentation, April 2024
Slide 1: Company Presentation April 2024
Company Presentation April 2024
Slide 2: Forward-looking Information
Forward-looking Information This presentation does not constitute an offer to purchase shares in Nur Ink Innovations Ltd ("Nur Ink" or "the company"), or an invitation to receive such offers, and is meant to provide general information only, which is by nature partial, as part of providing informati
Slide 3: Nur Ink Innovations: vision, founders and technology
Nur Ink Innovations was founded with a vision to fulfill the rising demand for sustainable & eco friendly digital ink solutions for the printing industry Nur Ink Innovations develops & manufactures unique Industry Leading Founders water-based pigment ink sets for inkjet digital printing Founded Nur
Slide 4: Experienced & Seasoned Leadership
Experienced & Seasoned Leadership Moshe Nur Dr. Moshe Nakash Eliav Priel David Gerbi Founder, CEO & Chairman CTO & VP R&D Business Development CFO of the Board Manager Moshe has many years’ experience Eliav is a seasoned business David hold a BA in A pioneer in the wide-format managing projects and
Slide 5: Our achievements since the IPO
Our achievements since the IPO Standards Completed Inauguration of the Increasing approval: Signed first development of two ink factory – with 40 R&D GOTS7 & Oeko- commercial products: Ink for textile tons/month capacity IPO headcount Tex Eco Passport agreement and white dispersion 5/2021 2022- 6/20
Slide 6: The NEED
The NEED Market trends towards converting to environmentally-friendly inks Replacing polluting Environmentally-friendly Water & energy products savings
Slide 7: The markets we address
Part of the 1st agreement The markets we Ink for textile digital printing Inks for wide-format address digital printing White water-based pigment dispersion Ink for packaging & This product is currently being wallpaper digital tested by 5 ink manufacturers printing OEM Private Label Business Model 7
Slide 8: Target markets: Markets size & CAGR
Target markets Markets size & CAGR Textile digital Wide-format digital Wallpaper & Ink manufacturing printing market printing market packaging digital materials market Garments, fashion, indoor & outdoor printing market interior design advertising CAGR 25% 3.8% 22% Market size $5B (2027) $11.5B (202
Slide 9: Promoting sustainability
Promoting sustainability Replacing polluting eco-friendly Green products Our products have a direct positive impact on the environment by Nur Ink’s industrial inkjet inks Our products enable the eliminating polluting processes are water-based pigment inks – replacement of polluting such as pre-treat
Slide 10: NurTex DTG | NurTex DTF
NurTex DTG | NurTex DTF Inks for textile Low curing temperatures: 95-120°C – compared with 150-180°C as digital printing with other existing ink types – enabling printing on pre-died synthetic fabrics ONE ink type for all fabric Elongation of ≥500% types enables printing on to elastic fabrics (i.e.
Slide 11: First commercial agreement
First commercial agreement Inks for textile August 2023 digital printing The company signed a multi-year agreement for the sale and supply of ink with a European company The customer is a leader in The agreement is under developing, manufacturing OEM Private Label and marketing of DTG & DTF business
Slide 12: High profit margins
High profit margins Inks for textile digital printing The agreement includes forecast for 2 years ahead Gross margin of approx. Gradual transition to Nur’s 60% ink on a geographical basis Converting the entire Sales potential to this install base is estimated to customer is 40-60 tons be completed b
Slide 13: Competitive landscape: Fabric compatibility
Competitive landscape Inks for textile digital printing Fabric compatibility * NurTex ONE ink For all fabrics For all printers Rub & wash resistance Kornit’s ink is available for Kornit printers only * 13
Slide 14: White pigment dispersion
White pigment dispersion Unique auxiliary White water-based pigment dispersion, used as the base for developing & producing white water-based ink products Currently, approx. 85%* of all white water-based pigment dispersions are made & sold by DuPont DuPont’s competitors are forced to purchase the wh
Slide 15: Inks for Packaging & Wallpaper digital printing
Inks for Packaging & Wallpaper digital printing Eco-friendly FAST Environmentally-friendly Supports single-pass digital ink suitable for use in printing for ultra-high hotels, office & home production speeds environments Nur SP Breathable Versatile Allows wallpaper Enables printing of layers while “
Slide 16: Ink for wide-format digital printing
Ink for wide-format digital printing Ink for wide-format digital printing Accessible Ecological First of its kind to be Water-based accessible to the entire environmentally-friendly industry ink Diversified Energy savings Enables printing many Supports energy savings applications and on to a during
Slide 17: Competitive landscape: availability
Competitive landscape Ink for wide-format digital printing OEM Market availability Non “green” Environmentally- inks friendly ink 17
Slide 18: Our blue ocean: Textile printing market
Our blue ocean Textile printing 90% market 10% Conventional 33 Billion m2 Digital printing (analog) 3 Billion m2 printing 45% 10% Pigment inks Pigment inks 15 Billion m2 300 Million m2 Sources :WTIN, Zimmer 18
Slide 19: Ready for growth and future agreements
Ready for growth and future agreements During end of 2022 – The 1st ink line was a prototype ink tested in a few “wet manufacturing line runs” was assembled After the completion 5 additional ink of all 6 lines, the manufacturing lines company’s were built – identical manufacturing to the 1st one cap
Slide 20: Focus on strategic agreements
Focus on strategic agreements Commercial negotiations Current Pilots With 3 world-leading digital printer With 6 world-leading digital printer manufacturers manufacturers (for ink products) With 5 world-leading chemicals and ink manufacturers (for the white dispersion product) 20
Slide 21: 2023 - Milestones
2023 - Milestones First commercial First order Receipt of commercial Building the GOTS7 agreement Receipt of the the ink certificate New pilot Eco-Passport factory processes certificate started
Slide 22: Milestones 24 months forward
Milestones 24 months forward Continuing our ESG Achieving 2-4 journey profitability 3-4 new commercial Final patent agreements Completed approval for applications the ink 2 patents Final approval factory for 1st patent
Slide 23: Summary
Summary Initiated Sales Market-disruptive Industry TAM of $80B with veterans & technologies double-digit leading founders CAGR & managers 23
Slide 24: Thank you
NUR ce Ink i Innovations t ~ * Thank you
Slide 25: Board of Directors
Board of Directors Yossi Nuriel Yossef Gabay Sarel Ashkenazi Director Director Director Yossi is the owner of Yahav For many years, Yossef Following a successful career Digital Printing, one of served as CEO, CFO & a as EVP Sales & Business Israel’s largest and leading director or a public Developme
Slide 26: Board of Directors
Board of Directors Galit Assaf Amit Muchtar, CPA Avi Dotan Outside Director Outside Director Director Galit is an executive manager Amit is a managing partner at RSM Avi served as Major General in the who served in various Shiff Hazenfratz & Co., Israeli Police and as the head of the financial and o
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