Slide 1: Financial Results H1 and Q2 2024
Financial Results H1 and Q2 2024 XTPL S.A. September 23, 2024
Slide 2: Solid business foundations with growth potential significantly exceeding the 2026 target
Solid business foundations with growth potential significantly exceeding the 2026 target Global growth of XTPL business based on the UPD technology Unique UPD technology ▪ proprietary technology built as part of advanced R&D; market needs confirmed ▪ patented solutions – IP cloud with nearly 40 pate
Slide 3: Executive summary
Executive summary PLN 5.6 million ▪ Since April 2024, a new client from China at the 4th stage of the industrial implementation sales of products and services in H1 2024 (+2% YoY) process; XTPL industrial module delivered and first tests launched on a prototype device at the 90% share in total reven
Slide 4: Agenda
Agenda 01 Financial Results: H1 and Q2 2024 02 Technology and Business: H1 and Q2 2024 03 Outlook and Summary 4
Slide 5: Financial Results H1 and Q2 2024
01 Financial Results H1 and Q2 2024 5
Slide 6: Financial Results – summary H1 and Q2 2024
Financial Results – summary H1 and Q2 2024 * figures in PLN thousand ▪ Higher revenues from the sale of products and services: +2% in H1 2024 YoY and +13% in Q2 2024 YoY (including sales of 2 modules in industrial projects and 2 DPS devices) H1 2024 H1 2023 Q2 2024 Q2 2023 ▪ 6 DPS devices delivered
Slide 7: Cash flows – summary H1 2024
Cash flows – summary H1 2024 * figures in PLN thousand 40 000 1 604 442 35 000 5 643 299 674 1 600 30 000 3 711 25 000 20 000 15 000 27 275 14 669 10 000 14 011 5 000 0 01.01.2023 01.01.2024 sale of sprzedaż depreciation amortyzacja grants dotacje other pozostałe working kapitał obrotowy cost of kos
Slide 8: Technology and Business H1 and Q2 2024
02 Technology and Business H1 and Q2 2024 8
Slide 9: Global commercialization of the XTPL portfolio
Global commercialization of the XTPL portfolio XTPL successfully commercializes its products in An effective commercialization model more than 20 countries now and conducts technology evaluations at global players in the Own sales and global distribution of printed electronics sector proprietary pro
Slide 10: An international business development department built
An international business development department built Martyna Alberska Urs Berger Alex Hodik Global Sales Director Managing Director of XTPL Inc. (USA) Business Development for the APAC region ▪ Joined in August 2024 ▪ Joined in January 2024 ▪ Joined in November 2023 ▪ Responsible for strategic bus
Slide 11: Intensification of activities to set up a Demo Center in the United States
Intensification of activities to set up a Demo Center in the United States Setting up a Demo Center in Boston Commercialization in the United States ▪ Goal: to support the commercialization of XTPL solutions in the ▪ An industrial project at an advanced Stage 4 for an end client listed United States
Slide 12: Marketing activities to support brand recognition and commercialization
Marketing activities to support brand recognition and commercialization Key marketing activities aimed at long-term positioning of the Company on the global electronics market and increasing sales opportunities: ▪ unveiling of the new xtpl.com website ▪ changing the image and corporate visual identi
Slide 13: A well-crafted portfolio that meets the needs of global clients
A well-crafted portfolio that meets the needs of global clients XTPL is engaged in continuous R&D that increases the functionality and potential of individual business lines. Greater commercialization of any business line drives growth in other lines Modules for industrial Delta Printing System High
Slide 14: Pipeline of geographically diversified projects of industrial implementations
Pipeline of geographically diversified projects of industrial implementations, exceeding the PLN 100 million target Illustrative process of industrial implementation of the XTPL technology STAGE 0 STAGE 1 STAGE 2 STAGE 3 STAGE 4* STAGE 5 Development of Initial contact and Technology Technology Proto
Slide 15: Achievements in 4 of the most advanced industrial projects at key stage 4
Achievements in 4 of the most advanced industrial projects at key stage 4 Illustrative diagram of stage 4 – work on a prototype of an industrial device, uniqueness of each project /a /b /c /d /e /f /g Working out the Production and Physical integration Initial machine start- Delivery, launch and Aft
Slide 16: Delta Printing System Sales – commercialization in H1 2024
Delta Printing System Sales – commercialization in H1 2024 Selected users of the Delta Printing System: ▪ 28 Delta Printing System (DPS) devices ordered in total* ▪ 6 DPSs delivered to clients in H1 2024 ▪ DPS orders in 2024 for another industrial client from the US and a University in Italy ▪ const
Slide 17: HPM (nanoinks) – commercialization in H1 2024
HPM (nanoinks) – commercialization in H1 2024 HPM (nanoinks) sales H1 2024 Q2 2024 15% 10% 46% 51% 39% 39% ▪ 50 orders in H1 2024 (up > 30% YoY) and 25 in Q2 2024 and 225 since the start of NORAM EMEA APAC commercialization of nanoinks (HPM) from EMEA, USA and Asia ▪ 62 returning clients since the b
Slide 18: Further development of technology to keep the solutions unique
Further development of technology to keep the solutions unique – summary of H1 2024 Key achievements and progress A new product: Au90 nanoink, intended for printing in UPD technology and commercially available dispensers. TEM images of 50 nm gold nanoparticles and prints of conductive in research &
Slide 19: Further expansion of the patent cloud – H1 2024 summary
Further expansion of the patent cloud – H1 2024 summary Intellectual property is one of the key competitive advantages of XTPL. XTPL’s global solutions are being systematically secured by expansion of the patent cloud with protection obtained from the moment of patent submission Patent groups of sub
Slide 20: An organizational structure well in place, adapted to strategic goals
An organizational structure well in place, adapted to strategic goals Filip Granek (PhD) Jacek Olszański ~90 (~x2 YoY) Management Board Management Board experts President, CEO, Founder Member, CFO Technology Long-standing team with advanced expertise and experience in: ▪ chemistry Aneta Martyna Albe
Slide 21: An incentive program in place for members of the Management Board and senior management
An incentive program in place for members of the Management Board and senior management Incentive program introduced on June 28, 2024 Financial targets for the Program to be achieved Details – incentive program: by the end of 2026: ▪ based on series B subscription warrants and new ▪ Revenues from th
Slide 22: Outlook and Summary
X1°L 03 Outlook and Summary
Slide 23: A precise plan to execute the Strategy in the sales area
A precise plan to execute the Strategy in the sales area PLN 100 million in revenues from the sale of products and services by the end of 2026 on the back of a plan underpinned by precise sales activities in three business lines Estimated share of business line revenues PLN 100 million in revenues f
Slide 24: Intensive activities aimed at implementing the 2026 Strategy
Intensive activities aimed at implementing the 2026 Strategy The development Strategy is aimed at scaling XTPL up from a mature business with an R&D profile to a leading deep tech company specializing in ultra-precise nanoprinting technology that is being commercialized together with the world’s lea
Slide 25: Summary
Summary XTPL is a global player in the rapidly growing printed electronics market, with a disruptive technology, an interdisciplinary team of experts, the ambition to increase commercial sales 10 times by the end of 2026 and the outlook for continued growth. XTPL technology saves time, materials and
Slide 26: Q&A
x1?2L Q&A
Slide 27: Disclaimer
Disclaimer This presentation has been prepared by XTPL S.A. (“Company”) for Any copying, distribution or dissemination of this presentation the sole purpose of giving an introduction on the business of the requires the Company's consent. Any person wishing to undertake Company. the above activities
Slide 28: Thank you
Thank you XTPL S.A. Stabłowicka 147 54-066 Wrocław, Poland xtpl.com Contact for investors: investors@xtpl.com Małgorzata Młynarska Mardoniusz Maćkowiak Investor Relations Manager, cc group Financial Communications Manager, cc group malgorzata.mlynarska@ccgroup.pl mardoniusz.mackowiak@ccgroup.pl +48,