Ads-tec Energy Plc · NASDAQ:ADSE

Ads-tec Energy — FY2022 Earnings Presentation

23 slides from Ads-tec Energy's earnings presentation, May 11, 2023

  1. Slide 1: Investor Presentation Full-Year 2022 Business Update 2023

    ADS-TEC Energy // Earnings Call Investor Presentation Full-Year 2022 Business Update 2023 Thomas Speidel (CEO) Wolfgang Breme (CFO) 11.05.2023

  2. Slide 2: Disclaimer

    2 11.05.2023 © ADS-TEC Energy Disclaimer Cautionary Language Regarding Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be

  3. Slide 3: Product Portfolio

    3 11.05.2023 © ADS-TEC Energy Product Portfolio ChargeBox ChargePost PowerBooster StorageRackSystem High-power charger with Commercial battery Commercial battery High-power charger with 2 advertising screens for storage for outdoor use. storage for indoor use. up to 320 kW and small additional busin

  4. Slide 4: Platform Solution

    4 11.05.2023 © ADS-TEC Energy Platform Solution ADS-TEC Hardware Energy A lasting investment in the Software future: 100% development and 3rd party process depth from the Services iOS Apps Apps foundation for the Features by ADS-TEC Energy iOS implementation of innovative, 3rd party Features iPhone

  5. Slide 5: Full-Year 2022 Operational Highlights

    5 11.05.2023 © ADS-TEC Energy Full-Year 2022 Operational Highlights Successfully Managed ChargePost Launch Focus Successfully managed supply Successful launch auf ChargePost Focus on blue-chip partners and chain issues and produced as planned – second charging strategic customers. systems. product i

  6. Slide 6: Where do we come from?

    6 11.05.2023 © ADS-TEC Energy Where do we come from? September 2022 October 2022 › Revenue projection › Significant reduction > €80M 2023 of the projection due to material / supply chain issues. 2022 Sep Oct Nov Dez 2023 October until end of 2022 › Successfully managed supply issues by material hunt

  7. Slide 7: Full-Year 2022 Financial Highlights

    7 11.05.2023 © ADS-TEC Energy Full-Year 2022 Financial Highlights › Consolidated revenue of €26.4M, compared to €33.0M in FY21, impacted by clients not taking product by 12/31st; finished goods still in the company’s Alabama facility and moved to 2023. › Operational expenses of €33.0M (2021: €15.3M)

  8. Slide 8: Outlook

    8 11.05.2023 © ADS-TEC Energy Outlook 2023 › 2023 full year revenues expected to exceed €100M › Expecting to be EBITDA break-even to positive in FY 2023 › Secured shareholder loan of €12.9M; No intention to raise equity in foreseeable future. › Strong order backlog of €90.0M based on binding orders

  9. Slide 9: Long-term partner JOLT ordered a significant double-digit number of ChargePosts

    9 11.05.2023 © ADS-TEC Energy Long-term partner Service business will JOLT ordered a grow in 2023. significant double-digit Long-term service number of agreements are ChargePosts for 2023. expected to be signed.

  10. Slide 10: Exploring new market segments for the technology

    10 11.05.2023 © ADS-TEC Energy Exploring new market Framework agreement segments for the signed with blue-chip technology such as listed oil & gas rental cars, fleets etc. petrochemical company.

  11. Slide 11: Proof has been made: Utilization per week

    11 11.05.2023 © ADS-TEC Energy Proof has been made Utilization per week [%] Utilization per week [%] Utilization per week [%] 27% 28% 24% 11% 10% 5% Weeks Weeks Weeks Hamburg Stuttgart Frankfurt

  12. Slide 12: Proof has been made: Timeframe 1 Session

    12 11.05.2023 © ADS-TEC Energy Proof has been made Timeframe: 1 Session (03/17) 1 Charging Session, 25 min, 68.9 kWh Energy delivered (P.max 268 kW; P.avg 165 kW ) › EV Demands up to ~270kW › Grid capability is only 100kW › ChargeBox battery boosts remaining 170kW to fulfill EV peak demands › Charge

  13. Slide 13: Proof has been made: Timeframe 1 Week

    13 11.05.2023 © ADS-TEC Energy Proof has been made Timeframe: 1 Week (03/13 - 03/20) 139 Charging Sessions, 5,918 kWh Energy delivered (42.6 kWh per Session avg; P.max 268 kW) Example: with ~ 5.9 MWh sold at €0.65 ~ €3,850 revenue per Week ~ €200,000 Avg 27 % utilization (h / day) revenue p.a. Avg 2

  14. Slide 14: Reference installed ChargeBox

    14 11.05.2023 © ADS-TEC Energy Reference installed ChargeBox

  15. Slide 15: Reference installed ChargeBox

    15 11.05.2023 © ADS-TEC Energy Reference installed ChargeBox

  16. Slide 16: Reference installed ChargeBox

    16 11.05.2023 © ADS-TEC Energy Reference installed ChargeBox

  17. Slide 17: Reference installed ChargeBox & ChargePost

    17 11.05.2023 © ADS-TEC Energy Reference installed ChargeBox & ChargePost

  18. Slide 18: Q&A

    Q&A

  19. Slide 19: Appendix

    Appendix /\

  20. Slide 20: Consolidated Income Statement

    20 11.05.2023 © ADS-TEC Energy Consolidated Income Statement kEUR FY2022 FY2021 Financials Financial Year 2022 Revenues 26,430 33,035 Cost of Sales -30,904 -35,310 Gross Profit (Loss) -4,474 -2,275 Research and development expenses -1,701 -2,012 Selling and general administrative -31,319 -13,321 exp

  21. Slide 21: Consolidated Balance Sheet

    21 11.05.2023 © ADS-TEC Energy kEUR FY2022 FY2021 Consolidated Balance Intangible assets 22,059 17,038 Sheet Property plant and equipment 8,755 4,946 Other 3,377 2,088 Non-current assets 34,192 24,072 Financials Financial Year 2022 Inventories 53,137 13,063 Contract assets 6 973 Trade and other rece

  22. Slide 22: Consolidated Cash Flow Statement

    22 11.05.2023 © ADS-TEC Energy Consolidated Income Statement Financials Financial Year 2022 kEUR FY2022 FY2021 Result for the Period -18,906 -87,640 Non-cash items -12,964 64,851 Change in working capital -25,935 4,485 Cash flow from operating activities -57,805 -18,304 Capital expenditures -10,874

  23. Slide 23: Thank you.

    Thank you. 11.05.2023

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