M Vest Water As · OSL:MVW
M Vest Water As — Q2 2024 Earnings Presentation
15 slides from M Vest Water As's earnings presentation, 2024
Slide 1: Second Quarter 2024 Report
SECOND QUARTER 2024 REPORT Presented by: Executive Chairman - Tor Olav Gabrielsen CFO - Morten Hilton Thomassen
Slide 2: Agenda
AGENDA 01 02 03 Q2 Highlights MVW - In Brief Business Update 04 05 06 Financial Update Outlook Q&A
Slide 3: Q2 Highlights
Q2 Highlights First international contracts: Middle East (Oil and Gas) and Iceland (salmon slaughterhouse). Our newly developed NORWAFLOC® completely replaces synthetic polymers for our clients in dredging, municipal wastewater, Sand & Gravel washing, and Mining. MVW has signed an exclusive Agent Ag
Slide 4: Support industries in solving water pollution challenges
Support industries in solving water pollution challenges. Our products and services: NORWAFLOC® : Based on natural and bio-degradable products, no QUICK FACTS: harm to nature. Founded in 2017 NORWAPOL®: HQ in Bergen, Norway Novel filtration process. Subsidiary in Germany Solution provider: Listed on
Slide 5: Impact
21 out of 37 major groundwater reservoirs are on track to be empty Only More than 3% 80% of the world’s water is of the worlds wastewater flows fresh water, and back into the evironment 2% of this is frozen without treatment IMPACT GROUNDWATER SURFACE WATER OCEAN WATER
Slide 6: Nano- and microplastics from water purification chemicals
1-3 mill tons of nano- and microplastics are released into marine environments annually Chemicals used for water purification leave behind nano- and microplastics in nature UN sustainability goals MVW adresses with our technology:
Slide 7: Aquaculture, Oil & Gas, Municipal
AQUACULTURE Reduce discharge to sea Reuse of bio waste (phosphorus, nitrogen) The global Ensure better fish water health treatment chemical market is expected to reach USD 50 billion by 2028 Oil & Gas Dredging Municipal Reduce discharge of Replace synthetic Replace oil and pollutants to chemicals na
Slide 8: Markets Segments: Business Update (Oil & Gas)
MARKETS SEGMENTS Business Update USA Produced water Middle East (Oil contaminated water from 2018 2023 2024 Norway onshore and offshore oil Europe production) Slop water (oil-contaminated water that, for example, comes from the drains of a drilling rig or ship) Oil terminals Oil refineries Long term
Slide 9: Increased focus on water treatment and reuse of water
Increased focus on water treatment and reuse of water First contract in Middle-East Agent agreement for Saudi Arabia and Kuwait
Slide 10: Markets Segments: Business Update (Dredging)
MARKETS SEGMENTS Business Update Germany Europe Dredging plants 2022 2023 2024 USA Mobile dredging plants Sand & Gravel, Sand Moving, Mining Sewage sludge Established Pilots and A milestone subsidiary in qualifications achieved, Germany replacing 100% synthetic chemicals with green chemicals. First
Slide 11: Markets Segments: Business Update (Aquaculture)
MARKETS SEGMENTS Business Update Norway, Iceland, Scotland, Ireland, Fish slaughterhouses 2022 2023 2024 Peru, Chile, Canada Launced market- Fishmeal factories leading solution, for treatment of bloodwater for Land-based farming salmon slaughterhouses Distribution R&D agreement with Sales of water t
Slide 12: Contracts and Partnerships
CONTRACTS AND PARTNERSHIPS TYPE Business Update NORWAPOL® Oil terminal NORWAFLOC® SAR Group NORWAFLOC® CATEGORY 2024 Treatment boiler feed water NORWAPOL® HIGH CONTRACTS 1 SALES NORWAFLOC® and Salmon slaughterhouses 12 AND dewatering eq., DAF TENDER 2 Erko Settefisk NORWAPOL® OPPORTUNITIES ACTIVITY
Slide 13: Financial Update: Key figures
Financial Update Key figures: Capital increase in April: Revenue in Q2 2024 is equal to MNOK 9,9. Debt conversion of MNOK 8,1 in shareholder loans. Loss before tax was MNOK 4,8. Private placement of MNOK 20. Cash flow from operating act. was negative 1,8 MNOK. Completed at market price without disco
Slide 14: Outlook
Large, global, and evolving markets. Growing demand for greener solutions in water and sludge treatment. Capital raised in Q2 will drive future growth. Expansion preparations have already been initiated. Technological advancements and international contracts confirm both quality and competitiveness.
Slide 15: Connect with us
Connect with us: +47 55 98 99 99 info@mvestwater.com