Slide 1: Wallbox NV First Quarter 2022 Earnings
MAY 11, 2022 Wallbox NV NYSE:WBX First Quarter 2O22 Earnings
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this Letter to Shareholders that do not relate to matters of hist
Slide 3: Corporate Overview
Corporate Overview Enric Asuncion, CEO 3
Slide 4: Quarterly Highlights – Q1 2022
QUARTERLY HIGHLIGHTS – Q1 2022 “…Wallbox 192% ~1,000 continues to Q1 YoY Revenue Growth Employees perform exceptionally well and exceeded 51K+ +100 expectations in the Chargers Sold Countries with Commercial Activity first quarter of 2022.” 41.4% €157M Gross Margin1 Cash on hand 1. See slide 15 for
Slide 5: A Looming Global Energy Crisis
A Looming POWER GENERATION GROWING SLOWLY Global Energy The rate of investment is unlikely to change materially Crisis HOLISTIC Solar, EV, and the grid must come together to provide a comprehensive solution A philosophical shift must occur to ENERGY ARCHITECTURE solve the looming crisis MUST ADAPT I
Slide 6: Building a World Class Team
Building a World Class Team STRATEGIC FUNCTIONS DESTINATION Executing roadmap FOR KEY TALENT of strategic functions within Becoming a public sales, engineering, company has enabled operations and corporate key talent acquisition service LAYING THE FOUNDATION PROCESS Expanding into new markets AND RI
Slide 7: A Global Footprint Matters
A Global Footprint Matters There are compelling commercial and operational benefits of operating on a global scale 100+ COUNTRIES AROUND INVESTING IN A PARTNER ENHANCED BUSINESS EXCITING NEW REDUCES REVENUE THE WORLD ECOYSTEM RESILIENCY PARTNERSHIPS VOLATILITY Localized relationships Symbiotic partn
Slide 8: Financial Review
Financial Review Jordi Lainz, CFO 8
Slide 9: Financial & Operating Highlights: Q1 22
FINANCIAL HIGHLIGHTS Financial & Operating Highlights: Q1 2022 INCOME STATEMENT BALANCE SHEET OPERATING METRICS (€ IN MILLIONS) (€ IN MILLIONS) Revenue €28,263 Units sold ~51,000 Cash & Equivalents €157,569 Headcount ~1,000 YoY Growth 192% LT Debt €23,465 Countries +100 Gross Margin1 41.4% 2022 Est.
Slide 10: Closing Thoughts
Closing Thoughts 10
Slide 11: Q2 and Full Year 2022 Outlook
Q2 and Full Year 2022 Outlook 1 CONTINUED STRENGTH ACROSS THE BOARD IN EURO, BETWEEN ~ GROWTH BETWEEN Q2 2022 Revenue €35M & €38M 100% & 115% Full-year 2022 Revenue €175M & €205M 145% & 190% @1.208 USD/EUR2 Midpoint of $230M 1. Forward looking guidance is provided in euro to remove potential impact
Slide 12: Questions & Answers
Questions & Answers 12
Slide 13: Appendix
Appendix 13
Slide 14: Reconciliations
Reconciliations Unaudited, in € 000s For the Quarter Ended, March 31, 2022 Operating Loss € (19,417) Amortization and depreciation 3,934 Other income (292) EBITDA € (15,774) Employee Stock Option Plan - One-off Expenses 123 Adjusted EBITDA1 €. (15,652) 1.See slide 15 for definitions
Slide 15: Definitions and Disclosures
Definitions and Disclosures 2O22 1 Adjusted EBITDA is defined as loss for the year before depreciation and amortization, income tax credits, and financial income DEFINITIONS and interest expense further adjusted to take account of the impact of certain non-cash and other items that we do not conside