Vision Marine Technologies Inc. · NASDAQ:VMAR
Vision Marine Technologies — Investor Presentation (January 2023)
29 slides from Vision Marine Technologies's investor presentation, January 2023
Slide 1: The Future of Marine Propulsion
The Future of Marine Propulsion VMAR | NASDAQ Listed
Slide 2: Disclaimer
DISCLAIMER This presentation includes statements that are, or may be deemed, ‘‘forward-looking statements’’ under applicable securities laws. In some cases, these forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “ant
Slide 3: Mission Statement: Electrifying Waterways Worldwide
MISSION STATEMENT Electrifying Waterways worldwide Vision Marine’s mission is to provide a sustainable and cost-effective alternative to internal combustion engine ("ICE") powertrains, in an industry that has seen little technological innovation in 100 years. We offer our fully electric, purpose bui
Slide 4: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS First Mover Advantage in the Rapidly Growing Global Electric Boat Propulsion Market Estimated $19+ billion TAM by 2032, growing at a CAGR of 12.9%, driven by tightening emissions standards requiring a zero emissions solution over the near term. Defined Path to Revenue As pe
Slide 5: Market Overview
Market YY) VISION Overview
Slide 6: Rapid Growth in the Recreational Boating Market
MARKET OVERVIEW Rapid Growth in the Recreational Boating Market Strong upward trend in consumer demand for high performance engines continues, led by 200+ hp outboard motors. This segment represents the fastest growing segment of TAM, currently accounting for 27% of total sales. Outboard engine mark
Slide 7: Electric Boat Market is Poised for Powerful Growth
MARKET OVERVIEW Electric Boat Market is Poised for Powerful Growth The North American electric boat market is presently expected to grow at a CAGR of 14% from 2022 to 2031. Stringent emission regulations and ongoing ban of traditional internal combustion engine usage. Competition in the performance
Slide 8: Business Overview
(vy) VISION selin S52 MARINE TECHNOLOGIES Overview
Slide 9: Vision Marine at a Glance: Disrupting the Traditional Boating Market
VISION MARINE AT A GLANCE Disrupting the Traditional Boating Market THE ONLY SCALED PRODUCTION READY, HIGH PERFORMANCE ELECTRIC OUTBOARD FOR WATERCRAFT SELECT CUSTOMERS & PARTNERS Product Performance The efficiency of our powertrain system enables our outboards to demonstrate significantly greater h
Slide 10: E-Motion Outboard has Superior TCO and Carbon Footprint
TECHNOLOGY Vision Marine’s E-Motion™ Outboard has Superior TCO and Carbon Footprint Financial Figures represented in $ USD ICE ELECTRIC Availability Today Today Upfront Vehicle Cost $ 110,000 $ 189,600 H2e MSRP Four Winns H2e Electric 22 Foot' Bowrider Annual Fuel Cost $ 16,900 $ 572 Charging Cost A
Slide 11: Groupe Beneteau Partnership
GROUPE BENETEAU PARTNERSHIP Groupe Beneteau Offers Initial Purchase Order and will Continue to Develop and Market Electric Outboard Equipped Powerboats PROVIDES A DEFINED PATH TO REVENUE ▪ Beneteau boasts a portfolio of 8 global brands, offering 180 recreational models and producing over 10,000 boat
Slide 12: Select Manufacture, Supply & Battery Partnerships
SELECT MANUFACTURE, SUPPLY & BATTERY PARTNERSHIPS McLaren Engineering to Manufacture and Production contract for Marine batteries with Assemble Vision Marine’s Electric Powertrain Octillion Power Systems & Neogy System for OEMs MANUFACTURING CAPABILITY TO SCALE MASS PRODUCTION ▪ Production capacity
Slide 13: Fully Electric Proprietary Powertrain Technology & IP
POWERTRAIN TECHNOLOGY MARINE BATTERY PACKS Fully Electric Proprietary Powertrain INVERTER COOLING SYSTEM Technology & IP PDU THROTTLE CONTROL E-MOTION™ IS THE WORLD’S 180 HP FIRST PERFORMANCE ELECTRIC PROPULSION ENGINE VCU SHORE POWER 12 V BATTERY ADAPTER TOUCHSCREEN DISPLAY FULLY SCALABLE UNIVERSAL
Slide 14: Specification Highlights
TECHNOLOGICAL CAPABILITIES Specification Highlights Reliability Telemetry Technology Security Dedicated intelligent inter- System measurements Unique electric marine Battery purposefully commuting system is through proprietary software components at the developed for recreational protected by failsa
Slide 15: Rental Operations Prove Viability of Boat Electrification
ELECTRIC BOAT MODELS Rental Operations Prove the Viability and Public Interest in Boat Electrification ● Operates a highly profitable legacy electric boat rental location in Newport Beach, California. ● Enhances opportunity to showcase and expand brand awareness. ● Expansion plan announced February
Slide 16: Competitive Advantages
COMPETITIVE ADVANTAGES Clean Technology and Massive Fuel Savings First fully electric 180 hp integrated outboard system which offers unparalleled performance: • No expensive gasoline or dirty fossil fuels and no annual engine overhaul. Increased Efficiency and Power Transmission and electric motor d
Slide 17: Superior Performance With Torque and Efficiency
COMPETITIVE LANDSCAPE Vision Marine Provides Superior Performance With Torque and Efficiency POWERTRAIN BRAND Power 180 HP 50 HP 120 HP 80 HP 70 HP Voltage 660 V 96 V 730 V 350 V 144 V Battery Pack 70 or 85 KwH 40 KwH 2 x 63 KwH 2 x 40 KwH 80 KwH Charger 6,6 KwH TBD 3,3 KwH 2,0 KwH 3,3 KwH Display 1
Slide 18: An Electric Motor is Well Positioned to Replace an ICE in Boating
ELECTRIC VS GAS BOATING An Electric Motor is Well Positioned to Replace an ICE in boating Full charge every morning Find a gas station and/or carry gas cans Very low charge cost High fuel cost Reliability, Starts every time Problematic, doesn’t always start Low maintenance, 90% less High maintenance
Slide 19: Vision Marine Technologies' Team
VISION MARINE TECHNOLOGIES’ TEAM Alexandre Mongeon Kulwant Sandher Xavier Montagne Chief Executive Officer & Chief Financial Officer Chief Operating Officer & Director Chief Technology Officer 25+ years of experience in business and CEO and Senior Engineer with MAC Co-Founder of Vision Marine financ
Slide 20: Financial Overview
C VISION Financial saniweT eee Overview
Slide 21: Select Financial Information
FINANCIALS Select Financial Information Currency: CAD 2021 FY 2022 FY Period Ended 31/8/2021 31/8/2022 Total Revenue $3,513,788 $7,350,946 Total Revenues, 1 Year Growth (%) 45% 109% Gross Profit 1,604,182 3,285,565 Gross Profit Margin (%) 46% 45% EBITDA -12,697,530 -12,584,952 Summarized Balance She
Slide 22: Capitalization as of August 31, 2022
CAPITALIZATION Capitalization As of August 31, 2022 ISSUED AND OUTSTANDING SHARES 8,417,923 OPTIONS* 1,709,121 WARRANTS ** 201,800 FULLY DILUTED SHARES 10,328,844 DIRECTORS AND OFFICERS 32.60% NO DEBT * Options: exercisable from US$2.18 to US$12.83 ** Warrants exercisable from US $8.00 to US $12.50
Slide 23: Recent Transactions in the Electric Transition Market
ELECTRIC BOAT MARKET Recent transactions in the electric transition market GM takes a stake in electric boating John Deere buys Kreisel, plans to Arc Boats accelerates production ramp start-up Pure Watercraft electrify its product line. with $30 million series led by former GM acquired a 25% stake i
Slide 24: World Fastest Electric Boat
WORLD FASTEST ELECTRIC BOAT July 2022 Top Speed At The Lake Of The Ozarks Shootout 109 Mph (World Record) Vision Marine will race anyone, anywhere, anytime VISIOM MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 24 24
Slide 25: Contact Information
CONTACT INFORMATION Bruce Nurse Investor Relations Vision Marine Technologies, Inc. (800) 871-4274 bn@v-mti.com VISIOM MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 25 25
Slide 26: Appendix
Appendix VISIOM MARINE TECHNOLOGIES INC. VMAR NASDAQ LISTED 26 26
Slide 27: World's Fastest Electric Boat Speed Record 109 MPH
World's fastest electric boat Vision Marine Technologies, Inc. (Nasdaq: VMAR) proudly reports its triumphant and historic performance at the 2022 Lake of the speed record 109 MPH Ozarks Shootout, the largest boating event of the year, in which the company sped past 100 MPH, hitting 109 MPH, in a 100
Slide 28: Sea Trials Continue at the Biggest Boat Shows in the World
BRAND AWARENESS & OUTREACH Sea trials continue at the biggest boat shows in the World Vision Marine continues to showcase our proprietary technology and provide sea trials for some of the largest and most dominant global OEMs. ATLANTA DUSSELDORF SEATLE MIAMI LAKE OF Boat Show Boat Show Boat Show INT
Slide 29: Groupe Beneteau Partnership Quote
GROUPE BENETEAU PARTNERSHIP "After the construction and thorough testing of a first, jointly developed prototype in early 2022, the objective is to bring to market a 100% electric boat and propulsion package,” states Erik Stromberg, Power and Motoryacht Product Director for Groupe Beneteau. Stromber
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