Vmoto Limited · ASX:VMT
Vmoto — Proactive Investors conference, Sydney 2013
27 slides from Vmoto's conference presentation, Feb 13, 2013
Slide 1: Vmoto Limited Presentation Announcement
VMOTO LIMITED (“Vmoto” or “The Company”) For personal use only PRESENTATION ANNOUNCEMENT 13 FEBRUARY 2013 Vmoto Limited (ASX:VMT, AIM:VMT), the global scooter manufacturing and distribution group specialising in "green" electric powered scooters, will be giving a presentation today at the Proactive
Slide 2: Vmoto Limited Corporate Presentation February 2013
For personal use only Vmoto Limited Corporate Presentation February 2013
Slide 3: Disclaimer
Disclaimer IMPORTANT NOTICE For personal use only The information contained in this presentation is current as at 12 February 2013 and is provided by Vmoto Limited (ABN 36 098 455 460) (“Vmoto”) as a summary document for information purposes only. Any forward looking statements included in this pres
Slide 4: Company Overview
Company Overview • Global scooter manufacturer, specialising in electric powered scooters For personal use only - Chic European design and German engineering coupled with low cost Chinese manufacturing - Operating in burgeoning global market • Head office in Perth, Australia – Listed on ASX and AIM
Slide 5: Corporate overview
Corporate overview For personal use only • Directors and senior management • Capital structure – Simon Farrell – Non-Executive Chairman – Shares – 896,087,712 – Charles Chen – Managing Director – Listed Options – 145,392,230 (4c, 31/12/14) – Ivan Teo – Finance Director – Unlisted Options - 23,241,52
Slide 6: The Electric Market
The Electric Market For personal use only • One of the biggest growing markets over the coming years in the motorcycle industry • International incentives and directives to reduce global emissions • Battery technology is improving giving better range, recharging ability and affordability • Large bus
Slide 7: The Vmoto Product
The Vmoto Product Chic European Design For personal use only Average charging High power time of 3-5 hours (80km/h) Model: 120LD Long battery life Long range (up to 1,000 (up to 140km) recharges) Low running cost Zero emission (5.7kwh for 100km – €1.14) 6
Slide 8: 2012 – a year of significant developments
2012 – a year of significant developments For personal use only • Multi $million OEM contracts won – PowerEagle • Implementation of Strategic Cooperation Agreement with Shanghai PowerEagle International Co Ltd, worth up to $86m by end of 2015 • One of the largest suppliers to the Chinese market (at
Slide 9: 2013 – breakout year
2013 – breakout year For personal use only • Targeting breakeven by 31 December 2013 on current contracts • Plans to enter significant new markets potentially including Indonesia, India, Malaysia, Egypt, South America and further expansion in North America • Consolidation of existing contracts – con
Slide 10: Chinese Manufacturing Facility
Chinese Manufacturing Facility For personal use only • Located in Lishui, Nanjing, Jiangsu, China – a special economic and industrial zone for manufacture of small vehicles • Operates under its own manufacturing license, key to winning PowerEagle contract • Stage 1 and 2 comprise over 30,000 square
Slide 11: European Operations
European Operations For personal use only • After Sales Service and Marketing centre for Europe currently based in Barcelona, Spain, intention to expand this into Germany • Service Vmoto’s key customers in Europe • Provide spare parts and technical support in a timely and efficient manner • Particip
Slide 12: Financial Commentary
Financial Commentary • Cash For personal use only - Cash at Bank as at 31 December 2012 was AU$1.8m • Margins - In 2011, the Company concentrated on its own manufactured products including electric scooters - Electric scooters gross margins are 8% (PowerEagle) – 36% - Strategic decision to focus on
Slide 13: Conclusion
Conclusion For personal use only • True challenger in a burgeoning market with varied product range • Significant manufacturing facilities and licences in China, global distribution network and proprietary technology • Existing operational infrastructure in key jurisdictions • Global customer and di
Slide 14: Appendices
For personal use only Appendices 11
Slide 15: Directors and Senior Management
Directors and Senior Management • Simon Farrell– Non-executive Chairman (London) For personal use only - Former Managing Director of Coal of Africa - 30 years experienced in global business • Charles Chen – Managing Director (China) - Ex-Honda Sundiro Management, 18 years’ experience in motor scoote
Slide 16: Financial Information
Financial Information For personal use only Summary of consolidated profit & loss Year ended Year ended 30 Summary of consolidated balance 30 June 2012 30 June 2011 30 June 2012 June 2011 sheet AU$ AU$ AU$ AU$ CURRENT ASSETS Cash and cash equivalents 1,231,258 701,599 Revenue from sale of goods 8,24
Slide 17: Vmoto’s Market Position
For personal use only Vmoto’s Market Position • Recent study by Pike Research “Pike Pulse Report: Electric Motorcycles and Scooters” published in 1Q 2012 ranks Vmoto as a Top 5 performer globally in the electric motorcycle and scooter industry. • Report validates the market position of Vmoto and as
Slide 18: Electric Market Forecasts
Electric Market Forecasts For personal use only 16
Slide 19: Global presence
For personal use only Global presence 17
Slide 20: Vmoto Key Customers
Vmoto Key Customers Name Description A prestigious EV company (US) Founded in 1996 and based in Rhode Island, United States. Vmoto OEM this company’s electric scooters for worldwide distribution. For personal use only E.On (Czech Republic & Sweden) A global top 500 company and has more than 85,000 e
Slide 21: Typical sales progression and manufacturing timeline
Typical sales progression and manufacturing timeline For personal use only Description of activity Production, First shipment container and balance order and of payment Scooters local compliance (sometimes deposit from Payments Samples delivery to customer Sign up to six months) from customer Factor
Slide 22: Vmoto Products – “L” Models Electric Scooters
Vmoto Products – “L” Models Electric Scooters For personal use only 22
Slide 23: Vmoto Products – ‘S’ models
Vmoto Products – ‘S’ models For personal use only Model E Milan - S 80S (Steel Frame) 90S-2 110S-2 120S-2 Homologation L1e L1e L1e L1e L1e Available Time Now 2013.01.10 NOW NOW NOW FOB NJ Price 580EURO 780EURO 1500EURO 1625EURO 1675EURO Intergrate with ICM SYSTEM: 1. Protect the battery 2. Waterproo
Slide 24: Vmoto Products – 120SD Main Features
Vmoto Products – 120SD Main Features For personal use only European Design Water-proof LCD speedometer 100L Reverse Function Brushless DC Motor 3 mode shifts Battery pack (4 pieces) Two side stands 24
Slide 25: Vmoto Products – 80L Main Features
For personal use only Vmoto Products – 80L Main Features European Design Water-proof LCD speedometer LED Lights Alum. Frame Moveable battery pack 25
Slide 26: Batteries and charging
Batteries and charging • Currently silicone & lithium battery packs used For personal use only – Modular design – High energy density – Intelligent cooling system • Moveable battery packs • On board chargers and smart chargers • Average range – 45km to 130km • Average charging time – 3 to 5 hours •
Slide 27: Contact
Contact For personal use only • Charles Chen, Managing Director – +86 139 1338 8886 – charles@vmoto.com.cn • Olly Cairns, Non-Executive Director – +61 (8) 9221 6175 – olly@vmoto.com 26