Gelion Plc · LSE:GELN
Gelion — FY2024 Earnings Presentation
22 slides from Gelion's earnings presentation, December 2024
Slide 1: Full year results for year ended 30 June 2024
Full year results for year ended 30 June 2024 December 2024
Slide 2: Presentation team and agenda
Presentation team Agenda John Wood Amit Gupta Business overview and FY24 3 Chief Executive Officer Chief Financial Officer highlights John is an experienced and Amit is a Chartered Accountant successful CEO of private and public companies and has led with c.20 years of experience in accounting and f
Slide 3: Business overview and FY24 highlights
Business overview and FY24 highlights CONFIDENTIAL GELION 2024
Slide 4: We address a range of mobile and stationary battery applications representing a ~$1.5T market
We address a range of mobile and stationary battery applications representing a ~$1.5T market opportunity Integration Next-gen Sulfur batteries Incubation Solutions 3rd party cells Lithium-Sulfur Silicon-Sulfur (Revenues in H1 2025) Zinc batteries Recycling High density, affordable, scalable, and sa
Slide 5: Delivered on milestones forecast in September 2023
Delivered on milestones forecast in September 2023 Strong progression of commercial objectives achieved Achievements since 2023 capital raise Over and above OXLiD Strategic Ionblox silicon Initial samples Manufacturing Joint Cost Advanced Commercial GEN 3 Recycling Grant Integration - First acquisit
Slide 6: FY24 Annual Results
FY24 Annual Results CONFIDENTIAL GELION 2024
Slide 7: Summarised financial information
Summarised financial Investment £'000 FY241 Audited FY23 Audited information £'000 £'000 Opportunity Other income 1,988 2,054 Key highlights Gelion PLC (listed on AIM Total Income 1,988 2,054 UK exchange, GELN). Significant improvement in Adjusted EBITDA loss both when compared to prior comparabl
Slide 8: Focused cost management supported growth initiatives
Focused cost management supported growth initiatives FY24 results confirm Gelion’s cost saving initiatives were successfully executed enabling strategic investment decisions (JM IP, OXLiD and Integration business) and lowering cash burn R&D expenses Employee expenses Business expenses IP (renewals &
Slide 9: Strategy update
Strategy update CONFIDENTIAL GELION 2024
Slide 10: Lithium-sulfur
Lithium-sulfur Lithium-sulfur and Lithium-silicon- sulfur cells for aerial & EV markets CONFIDENTIAL GELION 2024 10
Slide 11: Sulfur batteries are lighter, safer and more sustainable vs Li-Ion
Sulfur batteries are lighter, safer and more sustainable vs Li-Ion Double the gravimetric energy density (~400 Wh/kg) Gelion’s Li-S is targeting double the gravimetric energy density of current Li-ion batteries. Lower manufacturing CAPEX / OPEX Gelion sulfur batteries enable water-based processing a
Slide 12: Strong global IP across the sulfur battery value chain
Strong global IP across the sulfur battery value chain; anode agnostic, partnering with top technology providers We integrate the high-performance anodes with our > 230 patents across the Sulfur battery value chain cathode Widely available in Anode the market Cathode Anode 21 partners 46 Silicon oxi
Slide 13: Advanced Commercial Prototyping Centre (ACPC) will accelerate inhouse pouch manufacturing
Advanced Commercial Prototyping Centre (ACPC) will accelerate inhouse pouch manufacturing and customer testing, the key enabler for potential strategic partnerships Why is this important for Gelion? • Australian Govt Co-funded1 £5.0m facility enabling acceleration of inhouse pouch manufacturing ACPC
Slide 14: Commercial interest for our Sulfur batteries across range of applications
Commercial interest for our Sulfur batteries across range of applications from partners interested in validating our cells1 Application Potential partners Status #1 ASX listed drone manufacturer Potential offtaker (Letter of Support) Aerospace and defense #2 Technology provider for electric flight m
Slide 15: Scale-up contemplates capital light pathway to GWh manufacturing
Scale-up contemplates capital light pathway to GWh manufacturing Li-S & Si-S (Licence / toll manufacture) Li-S Li-S (Licence / toll manufacture) Mass market (kWh scale) UAV Initially MWh and Aerospace (High power) MWh production gradually scaling up to GWh production kWh production >400 C/10 150+ 35
Slide 16: Strategic Partnerships Targets including potential investment
Strategic Partnerships Targets including potential investment Major Li-S collaboration effort Lithium-sulfur solid state collaboration discussions Silicon-sulfur JDA aimed at automotive Discussions to unlock supply industry chain for sulfur and carbon Australian Government £2.5m Non-dilutive funding
Slide 17: Incubation: Recycling and Zinc
Incubation Recycling and Zinc CONFIDENTIAL GELION 2024
Slide 18: Recycling - Proprietary hydrometallurgical process for lithium-ion and lithium sulfur batteries
Recycling - Proprietary hydrometallurgical process for lithium-ion and lithium sulfur batteries Lower CAPEX Pyrometallurgy (thermal) • Longer life equipment, softer chemicals • Fewer equipment, Black Precipitation simpler lithium extraction mass Hydrometallurgy Lower OPEX (leaching) • Lower waste, l
Slide 19: Zinc - Targeting low cost, safe and sustainably manufactured lead-acid alternative
Zinc - Targeting low cost, safe and sustainably manufactured lead-acid alternative Advantages of zinc Cost. Zinc is an abundant low-cost material $ low cost Sustainable. Components are highly recyclable Key approaches to reach Zinc technology targets 500 cycles - 50 Wh/kg - operational at 70°C: Scal
Slide 20: Summary and outlook
Summary and outlook CONFIDENTIAL GELION 2024
Slide 21: Summary and looking ahead
Summary and looking ahead Overachievement on promised milestones and strongly progressing towards commercial opportunities Using the investment from 2023, Gelion has overachieved Short/Medium Term Goals on promised milestones Progress lithium sulfur towards MVP to underpin licencing and scale up OXL
Slide 22: Thank you
Thank you INFO@GELION.COM GELION.COM CONFIDENTIAL GELION 2024