Amg Critical Materials N.v. · EURONEXT:AMG
Amg Critical Materials — Shareholder Meeting (May 2024)
11 slides from Amg Critical Materials's shareholder meeting presentation, May 2024
Slide 1: The Energy of Nature
AMG CRITICAL MATERIALS N.V. THE ENERGY OF NATURE Financial Presentation | Annual General Meeting May 2024 1
Slide 2: Cautionary Note
CAUTIONARY NOTE This document contains proprietary information and is being provided solely for information purposes by AMG Critical Materials N.V. (The “Company”) and may not be reproduced in any form or further distributed to any other person or published, in whole or in part, for any purpose, exc
Slide 3: Table of Contents
TABLE OF CONTENTS 2023 Financial Highlights 4 Q1 2024 Financial Highlights 6 Operational Update 9 Vanadium electrolyte project - Nuremberg, Germany 3
Slide 4: FY 2023 Financial Highlights
FY 2023 FINANCIAL HIGHLIGHTS • AMG’s record high full year adjusted EBITDA was largely due to the strength of our Lithium and Vanadium businesses. ADJUSTED • AMG Lithium provided 67% of the Company’s adjusted EBITDA for the EBITDA: $350M year, while AMG Vanadium and AMG Technologies generated 23% an
Slide 5: Divisional Financial Highlights – FY 2023 vs. FY 2022
DIVISIONAL FINANCIAL HIGHLIGHTS – FY 2023 VS. FY 2022 REVENUE (IN MILLIONS OF US DOLLARS) GROSS MARGIN (IN MILLIONS OF US DOLLARS) FY 2023: $1,625.9 MILLION FY 2022: $1,642.8 MILLION FY 2023: 24.0% FY 2022: 24.9% FY 2023 $389.1 AMG Lithium FY 2022 56.9% $361.6 AMG Lithium 59.3% $730.7 AMG Vanadium 1
Slide 6: Q1 2024 Financial Highlights
Q1 2024 FINANCIAL HIGHLIGHTS • AMG Vanadium provided 46% of the Company’s revenue for the quarter, REVENUE: $358M while AMG Technologies and AMG Lithium generated 42% and 12%, respectively. ADJUSTED • Adjusted EBITDA decreased from the $118 million in Q1 2023 largely EBITDA: $31M due to the decline
Slide 7: Q1 2024 Revenue & Adjusted EBITDA by Segment
Q1 2024 REVENUE & ADJUSTED EBITDA BY SEGMENT AMG LITHIUM AMG VANADIUM (IN MILLIONS OF US DOLLARS) (IN MILLIONS OF US DOLLARS) $130.7 $133.5 $194.3 $180.9 $174.4 $161.7 $165.1 Revenue Adjusted decreased $89.8 $86.3 EBITDA vs. Q1 ’23 $82.1 decreased $29.5 largely due $62.3 due to decline to lower sale
Slide 8: Q1 2024 AMG Group Financial Highlights
Q1 2024 AMG GROUP FINANCIAL HIGHLIGHTS CASH FROM (USED IN) OPERATING ACTIVITIES (IN MILLIONS OF US DOLLARS) CAPITAL EXPENDITURES (IN MILLIONS OF US DOLLARS) $93.4 $50.4 $47.8 $60.0 $43.5 $37.3 $44.7 $27.2 $24.9 $108M $13M YoY YoY ($14.9) Q1 '23 Q2 '23 Q3 '23 Q4 '23 Q1 '24 Q1 '23 Q2 '23 Q3 '23 Q4 '23
Slide 9: Operational Update
OPERATIONAL UPDATE • In Brazil, the expansion of our lithium concentrate plant from 90,000 tons to 130,000 tons per annum is progressing as planned. We expect to reach full nameplate capacity of 130,000 tons in the fourth quarter of 2024. • In Bitterfeld, Germany, AMG’s lithium hydroxide refinery’s
Slide 10: Operational Update (Cont'd)
OPERATIONAL UPDATE (CONT’D) • In April, NewMOX SAS, Grenoble, France, was formed to service the nuclear fuel market. NewMOX is a subsidiary of ALD Vacuum Technologies GmbH, Hanau, Germany (“ALD”), AMG’s engineering subsidiary focused on vacuum furnace technology, which includes sintering furnace sys
Slide 11: Everything that will be recycled
LITHIUM HYDROXIDE – BITTERFELD, GERMANY LIVA BATTERY LITHIUM LAB MINAS GERAIS – BRAZIL LITHIUM TAILINGS This announcement appears as a matter of record. ENGINEERING – HANAU, GERMANY AMG’s LAW: “Everything that can be recycled will be recycled.” MELTSHOP – ZANESVILLE, OHIO AMG Critical Materials N.V.
AMG Critical Materials — Shareholder Meeting (May 2024) on 6ix