M Vest Water As · OSL:MVW
M Vest Water As — Q2 2025 Earnings Presentation
17 slides from M Vest Water As's earnings presentation, 2025
Slide 1: Second Quarter 2025 Report
SECOND QUARTER 2025 REPORT Presented by: Executive Chairman - Tor Olav Gabrielsen CFO - Morten Hilton Thomassen
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT This presentation contains forward looking information. Forward looking information is based on management assumptions and analysis. Actual outcomes may differ, and those differences may be material. Forward looking information is subject to significant uncertainties and risks a
Slide 3: Agenda
AGENDA 01 02 03 Q2 Highlights MVW - In Brief Business Targets 04 05 06 Financial Key Update Takeaways Q&A
Slide 4: Q2 Highlights: Growth in Chemical Sales 167% and Successful Qualification at METHA
Q2 HIGHLIGHTS GROWTH IN CHEMICAL SALES 167% (YOY) AND SUCCESSFUL QUALIFICATION AT METHA Chemical sales grew by 167% compared to 2Q 2024, strengthening both margins and the foundation for recurring revenue. Successful qualification of NORWAFLOC® at METHA dredging sludge treatment facility (“Washing M
Slide 5: Q2 Highlights: Growth in Chemical Sales 167% and Successful Qualification at METHA
Q2 HIGHLIGHTS GROWTH IN CHEMICAL SALES 167% (YOY) AND SUCCESSFUL QUALIFICATION AT METHA Two follow-up orders from existing customers: a second NORWAPOL® retrofit at a Norwegian oil terminal and an optimization project at SAR Mongstad, both following two years of successful operations. MVW signs Gree
Slide 6: M Vest Water - In Brief
M VEST WATER - IN BRIEF Our Products and Services: NORWAFLOC® : Based on natural and bio-degradable products QUICK FACTS: Founded in 2017 NORWAPOL®: HQ in Bergen, Norway Novel filtration process Subsidiary in Germany Solution provider: Listed on EuroNext Oslo Growth Chemical & Technical expertise 51
Slide 7: Mission
MISSION INNOVATE ECO-FRIENDLY WATER TREATMENT SOLUTIONS MINIMIZE HAZARDOUS CHEMICAL IMPACT SUPPORT A CIRCULAR ECONOMY More than About 80% 1-3 million of the worlds wastewater tons of nano- and flows back into the microplastics is released environment without water into nature per year treatment IMPA
Slide 8: Worldwide Biodegradable Flocculant for Wastewater Treatment Market
WORLDWIDE BIODEGRADABLE FLOCCULANT FOR WASTEWATER TREATMENT MARKET MARKET INSIGHTS: Source: VicMarketResearch (2025) MVW The shift towards natural products has officially is one of the only begun! 10 Market valued at US$ 46.58 million in 2024. companies in the world offers biodegradable Projected to
Slide 9: NORWAFLOC Production Bergen Facility
Business Update NORWAFLOC PRODUCTION BERGEN FACILITY IN 1000 LITERS: TOTAL VOLUMES OF CHEMICALS PRODUCED 2024 2025 200 150 2Q 2025: CHEMICAL SALES 100 185 YOY GROWTH 50 104 167 % 72 59 0 Q2 24 YTD 24 Q2 25 YTD 25
Slide 10: Aquaculture Business Targets
MARKETS SEGMENTS AQUACULTURE Norway, Iceland, STATUS 2025-2026 2027-2030 Scotland, Ireland, Fish slaughterhouses Peru, Chile, Canada Fishmeal factories Latest News: Contract to BUSINESS TARGETS Land-based farming upgrade water The authorities Implementation treatment have finalized of chemical solut
Slide 11: Dredging and Municipal
MARKETS SEGMENTS DREDGING AND MUNICIPAL Germany STATUS 2025-2026 2027-2030 Europe Dredging plants USA Mobile dredging plants Sand & Gravel, Sand Latest News: Moving, Mining BUSINESS TARGETS Successful qualification at Awarded first Business contract for a Sewage sludge METHA. expansion and Implement
Slide 12: Oil & Gas
MARKETS SEGMENTS OIL & GAS USA Produced water STATUS 2025-2026 2027-2030 Middle East (oil-contaminated water Norway from onshore and Europe offshore oil production) Slop water (oil-contaminated water e.g. drains of drilling rig or Three on-going ship) BUSINESS TARGETS projects in the Focus 100% on B
Slide 13: Key Figures
KEY FIGURES Key Figures (NOK 1000) 2Q 2025 YTD 2025 YTD 2024 FY 2024 Revenues 8 029 12 367 12 609 22 685 EBIT (3 476) (8 863) (11 211) (24 170) EBITDA (2 684) (7 294) (9 697) (21 087) Profit/(loss) pre. tax (3 775) (9 312) (11 487) (24 530) Cash flow operating* (6 194) (12 199) (13 143) (25 405) Tot
Slide 14: Financial Development
FINANCIAL DEVELOPMENT GROWTH IN RECCURING REVENUES 4000 3000 YoY 167 % 2000 4 MNOK 1000 1.5 MNOK 0 2Q2024 2Q 2024 2Q 2025 2Q 2025 3Q 2025
Slide 15: Key Takeaways
KEY TAKEAWAYS Aquaculture: Key customer order for water treatment upgrade highlights industry confidence in MVW as a trusted partner. Dredging: Only one step away, from advancing to further commercial negotiations regarding long-term contracts with METHA. Middle East Oil & Gas: Secured three pilot a
Slide 16: Q&A Session
Q&A SESSION Connect with us: +47 55 98 99 99 info@mvestwater.com
Slide 17: Disclaimer
Disclaimer This Company Presentation (the “Presentation”) has been produced by M Vest Water (the “Company” or "MVW"). The Presentation has been prepared for information purposes only, and does not constitute or form part of, and should not be construed as, any offer, invitation or recommendation to