Slide 1: H1 2022 Overview
Trickle H1 2022 = © ra © > O Optimizing Energy
Slide 2: Disclaimer
Disclaimer This document, prepared by TrickleStar Limited (“TrickleStar”), has not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presented or contained in this do
Slide 3: Contents
Contents 1. About TrickleStar 2. Financial Highlights 3. The Energy Efficiency Industry 4. Energy Efficiency & Demand Response 5. Products 6. Operations 7. Competitive Advantages
Slide 4: About TrickleStar
About TrickleStar • Lean ▸ 21 staff. 7 Key Management Personnel (as of July 2022) Bernard Emby Gunananthan Loh Peng Kok Jon Lanning Krishnan Sinnappan Alyssia Yu Yap Saw Cheng CEO Nithyannantham Financial Controller VP Sales CTO Logistics & Systems Executive Secretary COO Manager to the Board, Head
Slide 5: About TrickleStar
About TrickleStar • Founded in 2007, TrickleStar is a “green- tech” company, with a mission to be the world leader in the design and supply of simple, easy to use electric load control products that reduce energy consumption, improve people’s lives and help electric utilities manage grids more effic
Slide 6: Financial Highlights
Financial Highlights US$’000 6 Months Year Ended 31 December H1 H1 2021 2020 2019 2018 2017 2022 2021 Revenue 6,161 5,664 11,288 12,850 14,525 12,841 10,322 Gross profit 1,536 1,444 1,796 3,204 3,879 4,468 3,529 (Loss)/Profit before tax (15) 274 (1,874) 669 251 2,313 476 Profit after tax 4 275 (2,39
Slide 7: Operating Performance – Revenue and Profits
Operating Performance – Revenue and Profits Revenue (US'$000) Profit After Tax 7,000 8.8% Gross Profit (US#039;000) (US#039;000) 6,000 Gross Profit Margin (%) 6,161 300 5,000 5,664 1,600 25.6 275 4,000 1,500 1,536 25.4 225 3,000 25.2 1,400 1,444 150 2,000 25. (98.4%) 1,000 1,300 24.9% 24.8 75 4 0 1,200 24
Slide 8: Balance Sheet Summary
Balance Sheet Summary As at US$’000 30 June 2022 31 December 2021 Non-current assets 555 484 Current assets 6,441 5,490 Cash and bank balances 2,666 3,131 Total Assets 9,662 9,105 Bank Debt 1,000 500 Other current liabilities 2,934 2,966 Non-current liabilities 576 576 Total liabilities 4,510 4,042
Slide 9: Liquidity And Capital Resources
Liquidity And Capital Resources US$’000 H1 2022 H1 2021 FY2021 Net cash (used in)/generated from operating activities (774) (422) 550 Net cash used in investing activities (134) (428) (957) Net cash from/(used in) financing activities 449 (1,400) (1,570) Net change in cash and cash equivalents (459)
Slide 10: The Energy Efficiency Industry
The Energy Efficiency Industry • The world has an almost insatiable need for energy colliding with a pressing need to reduce carbon emissions • “This may sound too good to be true, but the world has a renewable energy resource that is perfectly clean, surprisingly abundant and immediately available.
Slide 11: Energy Efficiency & Demand Response
Energy Efficiency & Demand Response • State governments and public utility commissions in most US states have implemented Energy Efficiency Resource Standards (“EERS”), which establish specific long-term energy efficiency targets that electric utilities must achieve through amongst others, energy ef
Slide 12: Products
Products • Next Generation Internet of Things (IoT) Energy Optimization Products for Demand Response Programs
Slide 13: Advanced Keyboard
Advanced Keyboard • Research supported energy savings of 40-70% for desktop PC’s • Global application around the world for commercial, government and residential PC’s USB Type-C to USB USB Type-C Type-A Adapter Connector
Slide 14: Portable Power Station + Solar Panel
Portable Power Station + Solar Panel • 1500Wh Li-Ion battery solution • AC or Solar rechargeable • Provided by utility companies to customers affected by fire safety shutdowns and natural disasters Portable Solar Panel PowerStation1500
Slide 15: Wi-Fi Smart Thermostat
Wi-Fi Smart Thermostat • 715 utility programs in the US use smart thermostats • > 4 million smart thermostats sold annually in the USA Occupancy Sensor C-Wire Kit
Slide 16: Wi-Fi Electric Water Heater Controller
Wi-Fi Electric Water Heater Controller • ~39 million stand-alone electric resistance water heaters in the US that can be connected and integrated into utility energy efficiency and demand response programs • Simple, retrofit solution for all electric resistance water heaters 100-240VAC, also suitabl
Slide 17: TrickleStar DryerSaver
TrickleStar® DryerSaver™ • ~80 million stand-alone electric clothes dryers in the USA that can be made smart and participate in energy efficiency programs • Simple, retrofit solution for all electric clothes dryers
Slide 18: Operations
Operations CANADA SALES CHINA TAIWAN MANUFACTURING MANUFACTURING MALAYSIA USA SALES CORPORATE AND MANUFACTURING VIETNAM MANUFACTURING SINGAPORE SINGAPORE LISTED
Slide 19: Competitive Advantages
Competitive Advantages • Structural - high barriers to entry due to requirements set by Public Utility Commissions and stringent selection criteria by electric utilities, implementation contractors and energy auditors in the USA for inclusion in approved energy-optimization products list for energy
Slide 20: Thank you
Thank you Sponsor PRIMEPARTNERS CORPORATE FINANCE PTE. LTD.