Kontrolmatik Teknoloji Enerji Ve Muhendislik As · BIST:KONTR
Kontrolmatik Teknoloji Enerji Ve Muhendislik As — Q1 2022 Earnings Presentation
52 slides from Kontrolmatik Teknoloji Enerji Ve Muhendislik As's earnings presentation, Jun 15, 2022
Slide 1: Sustainable, Carbon-free and Green Technologies
Sustainable, Carbon-free and Green Technologies 1Q22 Investor Presentation June 15, 2022 1
Slide 2: Disclaimer
At a Glance The Business ESG Financials Growth Strategy Disclaimer This presentation reflects the opinions of the Company management regarding future events, including future expectations, as well as the analysis of the information and financial statements about Kontrolmatik Teknoloji Enerji ve Mühe
Slide 3: Executive Summary
At a Glance The Business ESG Financials Growth Strategy Executive Summary Revenue Sales revenues, which increased by 106% in the first quarter of 2022, continued to have a positive impact on financials in 1Q22 with the removal of pandemic restrictions and the Performance implementation of new projec
Slide 4: Agenda
Agenda 01 02 03 04 05 At a Glance The Business ESG Financials Growth Strategy page 4 page 16 Page 30 page 34 page 43 4
Slide 5: Briefly Kontrolmatik…
At a Glance The Business ESG Financials Growth Strategy 2008 Briefly Kontrolmatik… Establishment Established as an engineering and automation company in 2008 in İstanbul, Turkey, Kontrolmatik, is a vertical and horizontal integrated technology firm that generates cash flow from Engineering-Procureme
Slide 6: Highlights
At a Glance The Business ESG Financials Growth Strategy Highlights Kontrolmatik started operations as an engineering and automation company. Kontrolmatik went public in 2020 and currently trades on the Istanbul Stock Exchange. Lithium-Ion Battery Cell Factory Since its establishment in 2008, it has
Slide 7: Milestones
At a Glance The Business ESG Financials Growth Strategy Milestones 2014 Eti Mining Kırka compressor 2016 All E-BOP and 220 kV high 2018 One of the largest IoT works in Turkey the IoT Lorawan Meter station works, the first turnkey voltage substation scopes of Monitoring System project at project cove
Slide 8: Development Process
At a Glance The Business ESG Financials Growth Strategy Technology Provider Development Process After years of experience and work, it is time to complete R&D studies and start producing our own solutions. Kontrolmatik offers solutions to the energy and industrial sectors and knows R&D Center the ma
Slide 9: Strong Management Shareholding Organization
At a Glance The Business ESG Financials Growth Strategy Strong Management Shareholding Board of Directors Sami Aslanhan 33,1% Public 33,8% Sami Aslanhan Ömer Ünsalan Murat Tanrıöver Prof. Dr. B. Koray Tunçalp Bikem Kanık Ömer Ünsalan Chairman Deputy Chairman Board Member Independent Board Member Ind
Slide 10: Kontrolmatik launched own R&D Center in 2016 and has been developing green technologies
Kontrolmatik launched own R&D Center in 2016 and has been developing green technologies for the future kontrolmatik.com 10
Slide 11: Main Sectors
At a Glance The Business ESG Financials Growth Strategy Main Sectors Power Generation, Transmission and Distribution With its energy generation, transmission, distribution and storage solutions under a single contract, Kontrolmatik contributes to a more sustainable world while providing efficiency a
Slide 12: Mobile Solutions Factory and Test Truck
At a Glance The Business ESG Financials Growth Strategy Mobile Solutions Factory and Test Truck One of Kontrolmatik’s factories, is in Ankara, Turkey, produces mobile energy solutions and designed to serve sectors with a «zero-waste approach» Therefore their products and solutions are sustainable, g
Slide 13: Some Global Achievements Partnerships
At a Glance The Business ESG Financials Growth Strategy Some Global Achievements Turkey– Kar-Demir Iron & Steel 400 kV GIS Substation Turkey– Yeniköy & Kemerköy 5*260 MW Kontrolmatik has successfully Turkey– CHPP Rehab. of HV/MV/LV completed more than 300 projects Germany– 521 kWh Lithium-Ion Energy
Slide 14: Keys to Our Success
At a Glance The Business ESG Financials Growth Strategy Keys to Our Success Kontrolmatik has been improving itself since its establishment in 2008. When looking at the history of the Company, it’s obvious that Kontrolmatik Maximizing profit margin, minimizing money collection risk, satisfying over p
Slide 15: Who controls technology, controls the future
Who controls technology, controls the future kontrolmatik.com 15
Slide 16: Agenda
Agenda 01 02 03 04 05 At a Glance The Business ESG Financials Growth Strategy page 4 page 16 Page 30 page 34 page 43 16
Slide 17: Group Structure
At a Glance The Business ESG Financials Growth Strategy Group Structure We know industrial processes, power plants and transportation infrastructure very well, and we develop projects that will speed up the operation and increase efficiency, decrease carbon footprint. In this direction, we are devel
Slide 18: POMEGA Energy Storage Technologies
At a Glance The Business ESG Financials Growth Strategy POMEGA Energy Storage Technologies Factory-built based on zero waste principles. It has a roof solar power plant, waste heat recovery plant, rain collection and re-use systems. This factory will produce sustainable and green solutions with sust
Slide 19: Future of Energy; Energy Storage
At a Glance The Business ESG Financials Growth Strategy Future of Energy; Energy Storage Sustainable Green Products Kontrolmatik has been providing turnkey solutions for power generation, transmission and distribution projects for a decade. The Company has successfully completed many The fundamental
Slide 20: The Future's Green Technologies
At a Glance The Business ESG Financials Growth Strategy The Future’s Green Technologies Total investment in Phase1 including initial working capital and contingency expenses is USD60m; 45% of this investment consists of machinery and equipment. 30% related to construction works, electrical & mechani
Slide 21: Progresiva Energy Investments
At a Glance The Business ESG Financials Growth Strategy Progresiva Energy Investments The lithium-ion energy storage facility with 1,000 MW-hours of energy storage capacity, which will contribute to the security of energy supply and the development of alternative energy systems, will be a first in i
Slide 22: Kontrolmatik brings new Technologies for the renewable sector
Kontrolmatik brings new Technologies for the renewable sector for a sustainable future! kontrolmatik.com 22
Slide 23: Controlix IoT Solution Provider
At a Glance The Business ESG Financials Growth Strategy Controlix IoT Solution Provider Kontrolmatik has been providing solutions for a digital industry for years and has completed many successful IoT projects. At IGA Istanbul Airport, the largest facility Management IoT solution in completed. Contr
Slide 24: Future of Automation; IoT
At a Glance The Business ESG Financials Growth Strategy Future of Automation; IoT Controlix offers the opportunity to securely monitor, analyze, store, visualize and manage the data we collect from the modules we developed in the field or from all devices that provide data, from every point. Industr
Slide 25: IoT Solutions
At a Glance The Business ESG Financials Growth Strategy IoT Solutions SMART CITY FACILITY MANAGEMENT INDUSTRY 4.0 OTHER SECTORS Remote water electricity and Energy Management, Mes integration, Glucometer and remote gas meter reading, Air conditioning management, Machine monitoring Predictive tempera
Slide 26: Plan-S Space and Satellite
At a Glance The Business ESG Financials Growth Strategy Plan-S Space and Satellite An agreement to send 3 test satellites into orbit with Space X Falcon 9 Rockets was signed on November 4, 2021. The first private initiative in Turkey. Plan-S Space and Satellite, a 25% subsidiary of Kontrolmatik, is
Slide 27: Kontrolmatik R&D Center
At a Glance The Business ESG Financials Growth Strategy Kontrolmatik R&D Center Since 2016, the R&D center has been focusing on energy storage solutions, IoT, collaborative robot arm and renewable energy solutions. These studies will reduce foreign dependency in critical sectors and bring competitiv
Slide 28: We complete the missing pieces of the puzzle
At a Glance The Business ESG Financials Growth Strategy We complete the missing pieces of the puzzle for Sustainable, Carbon-Free and Green Future Li-Ion Battery Cell Communication Satellite Li-Ion Module IoT Modules Mobile Sustation Li-Ion Mobile Hiybrid Rack Cabinets kontrolmatik.com Energy Storag
Slide 29: Horizontal & Vertical Integration
At a Glance The Business ESG Financials Growth Strategy Horizontal & Vertical Integration Kontrolmatik signs contracts for international projects from its core business and generates cash and profits to use for R&D activities. The Company has been thinking about the future of the World and its aim i
Slide 30: We will be the hands of industries
WE WILL BE THE HANDS OF INDUSTRIES kontrolmatik.com 30
Slide 31: Agenda
Agenda 01 02 03 04 05 At a Glance The Business ESG Financials Growth Strategy page 4 page 16 Page 30 page 34 page 44 31
Slide 32: Sustainability
At a Glance The Business ESG Financials Growth Strategy Sustainability Kontrolmatik Sustainability approach depends on the four Ps Approach: Planet KONTROLMATIK is adopting a comprehensive sustainable strategy, far behind greenwashing We are committed to acting environmentally and socially accountab
Slide 33: Sustainability
At a Glance The Business ESG Financials Growth Strategy Sustainability People Partnerships KONTROLMATIK respects human rights, diversity & fair working conditions. KONTROLMATIK believes in the development of sustainable communities, and We have a constant commitment that our products are produced un
Slide 34: Sustainability
At a Glance The Business ESG Financials Growth Strategy Sustainability KONTROLMATIK has a bold mission to provide sustainable, transparent and innovative solutions that help its customers and partners to drive and transact into sustainable business inside out. KONTROLMATIK’s mission is to integrate
Slide 35: Agenda
Agenda 01 02 03 04 05 At a Glance The Business ESG Financials Growth Strategy page 4 page 16 Page 30 page 34 page 43 35
Slide 36: Attractive Financial Figures
At a Glance The Business ESG Financials Growth Strategy Attractive Financial Figures M TL 2019 2020 2021 21/20 ∆ 1Q21 1Q22 22/21 ∆ Solid Growth Revenue 186,6 201,1 611,8 204% 103,5 213,2 106% The growth momentum in gross profit, EBITDA Gross Profit 39,4 47,6 165,4 248% 23,5 54,7 133% and net profit
Slide 37: Attractive Financial Figures
At a Glance The Business ESG Financials Growth Strategy Attractive Financial Figures Revenue (TL M) EBITDA (TL M) Keys to Growth Between 2017-2022 turnover consists of System Integration segment only. Pomega, Controlix, Plan-S, Robotic arms will contribute to financials starting 2022. Due to barrier
Slide 38: Sustainable Growth
At a Glance The Business ESG Financials Growth Strategy Sustainable Growth 106% Revenue Increase in 1Q22 High EBITDA & Net Profit Growth in 1Q22 Top-Line – 12 Months (M TL) Top-Line – 1st Quarter (M TL) Gross Profit, mTL EBITDA*, mTL 106% Growth in 1Q22 Net Income, mTL Pandemic Base Effect Increase
Slide 39: Revenue Growth Reflected on Net Profit in 1Q22
At a Glance The Business ESG Financials Growth Strategy Revenue Growth Reflected on Net Profit in 1Q22 Net Income – 12M21 (M TL) Net Income – 1Q22 (M TL) kontrolmatik.com 39
Slide 40: Debt Profile & FX Position
At a Glance The Business ESG Financials Growth Strategy Debt Profile & FX Position FX Position as of 31.03.2022 (TL mn) Currency Breakdown As of 31.03.2022; 140 FX Assets 140 MTL Long Position %45,7 759 FX Liabilities TL & Euro based loans TL 619 46 with high foreign currency share in %39,4 483 437
Slide 41: Financial Ratios Indicate Efficiency of Investments
At a Glance The Business ESG Financials Growth Strategy Financial Ratios Indicate Efficiency of Investments Liquidity Ratios 2020/12 2021/12 2022/03 Current Ratio 1,61 1,34 1,32 Low Financial Leverage Ratios Liquidity Ratio 1,27 1,11 1,14 Net Debt/EBITDA of 1,5x well below the risk zone Debt Ratios
Slide 42: Share Performance Above the Market
0₺ 120 ₺ 140 ₺ 160 ₺ 40 ₺ 60 ₺ 80 ₺ $0 $2 $4 $6 $8 20 ₺ $10 $12 31.3.2021 31.3.2021 7.4.2021 7.4.2021 $8,75 100 ₺ 72,06 14.4.2021 14.4.2021 21.4.2021 21.4.2021 28.4.2021 28.4.2021 5.5.2021 5.5.2021 12.5.2021 12.5.2021 19.5.2021 19.5.2021 kontrolmatik.com 26.5.2021 26.5.2021 2.6.2021 2.6.2021 9.6.202
Slide 43: Internet of Things is the Future of the World
INTERNET OF THINGS IS THE FUTURE OF THE WORLD kontrolmatik.com 43
Slide 44: Agenda
Agenda 01 02 03 04 05 At a Glance The Business ESG Financials Growth Strategy page 4 page 16 Page 30 page 34 page 43 44
Slide 45: Sustainable Growth
At a Glance The Business ESG Financials Growth Strategy Sustainable Growth Kontrolmatik has been growing every year and shows with its financials. The Company invests in new technologies which are related to its current business. The relationships of its investments are described below; FUTURE OF EN
Slide 46: Solid Growth
At a Glance The Business ESG Financials Growth Strategy Solid Growth THE FUTURE OF AUTOMATION & THE FUTURE OF THE WORLD Kontrolmatik… established in 2008 as an automation and engineering Company has been providing tailor-made and/or turnkey solutions for industry since its establishment knows very w
Slide 47: Ready for creating a sustainable future
At a Glance The Business ESG Financials Growth Strategy ~1.800 M TL Revenue with ~200% Growth Ready for creating a ~ 400 M TL EBITDA with 20%-25% Margin sustainable future R&D Investment of >3% of Sales Revenue Investments Excluding R&D up to 6% of Sales Revenue Backlog Size: ~2,1 Billion TL (More t
Slide 48: Targets for System Integration & IoT Business
At a Glance The Business ESG Financials Growth Strategy Targets for System Integration & IoT Business Kontrolmatik 2022-2026 Strategy 2022 2023 2024 2025 2026 System Integration Revenue, m$ 121,4 $ 161,6 $ 181,7 $ 202,4 $ 231,1 $ YoY Change 75,8% 33,1% 12,4% 11,4% 14,2% EBITDA, m$ 30,9 $ 41,5 $ 43,3
Slide 49: Targets for Pomega & Robotics Business
At a Glance The Business ESG Financials Growth Strategy Targets for Pomega & Robotics Business Kontrolmatik 2022-2026 Strategy 2022 2023 2024 2025 2026 Net Production Capacity, MWh 350 750 1.150 1.500 Battery-Pomega Revenue, m$ 0,0 $ 57,9 $ 115,1 $ 170,1 $ 210,6 $ YoY Change 98,9% 47,8% 23,8% EBITDA
Slide 50: Consolidated Business Plan
At a Glance The Business ESG Financials Growth Strategy Consolidated Business Plan Kontrolmatik 2022-2026 Strategy 2022 2023 2024 2025 2026 Revenue, m$ 129,4 $ 251,9 $ 361,4 $ 469,1 $ 570,1 $ Consolidated YoY Change 85,1% 94,7% 43,5% 29,8% 21,5% EBITDA, m$ 32,3 $ 67,4 $ 95,4 $ 126,0 $ 158,0 $ YoY Ch
Slide 51: Addendum: Financial Figures in USD
At a Glance The Business ESG Financials Growth Strategy Addendum: Financial Figures in USD M USD 2019 2020 2021 21/20 ∆ 1Q21 1Q22 22/21 ∆ Notes: Revenue 32,9 28,6 68,5 140% 14,0 15,3 9% For Comparative Purposes Only Gross Profit 6,9 6,8 18,5 172% 3,2 3,9 23% EBIT Average USD/TRY rate is used for P/L
Slide 52: Controlling of technology is controlling of the future
controlling of technology is controlling of the future. kontrolmatik.com 52/The End
Kontrolmatik Teknoloji Enerji ve Mühendislik A.Ş. — Q1 2022 Earnings Presentation on 6ix