Vmoto Limited · ASX:VMT
Vmoto — Investor Presentation (April 2021)
25 slides from Vmoto's investor presentation, Apr 13, 2021
Slide 1: Investor Presentation announcement
13 April 2021 Investor Presentation For personal use only Vmoto Limited (ASX: VMT) (the Company or Vmoto) is pleased to provide the following Investor Presentation, which will be presented to investor clients of PAC Partners by Managing Director, Mr Charles Chen, and Finance Director, Mr Ivan Teo, t
Slide 2: Vmoto Investor Presentation April 2021
For personal use only Electric Vehicle – Think Future Electric Vehicle – Think Future VMOTO INVESTOR PRESENTATION April 2021 ASX: VMT ASX: VMT www.vmoto.com
Slide 3: About Us
For personal use only 01 About Us Vmoto Limited 2
Slide 4: Vmoto Overview
VMOTO SOCO 2020 Vmoto Overview (A$ - Dec. year end) $61m For personal use only • Vmoto Limited (“Vmoto”) is a global company focused FY20 revenue, up 34% on FY19 on the development, manufacture and distribution of high quality electric two-wheel vehicles (electric $3.7m mopeds and electric motorcycl
Slide 5: What makes Vmoto Unique
What makes Vmoto Unique For personal use only Vmoto is a brand owner, manufacturer and distributor of high First mover advantage in a fast growing global EV market with quality electric two-wheel vehicles strong tailwinds • Three brands servicing B2B and B2C markets globally • Legislative changes in
Slide 6: Vmoto Capital Structure
VMOTO SOCO 2020 Vmoto Capital Structure Rank 1. Top 20 Holders at 9 April 2021 Charles Chen Units 22,487,784 % 8.08 2. Munro Family 21,783,750 7.83 ASX Code VMT For personal use only 3. Xiaona Zhao 19,226,470 6.91 Market Capitalisation $121 million 4. Malaky Kazem 13,261,309 4.76 Share price (as at
Slide 7: Vmoto Board
VMOTO SOCO 2020 Vmoto Board For personal use only Charles Ivan Blair Shannon Jacky Chen Teo Sergeant Coates Chen Managing Finance Non-executive Non-executive Non-executive Director Director Director Director Director • Ex-Honda Sundiro • Finance executive with • Experienced public • Qualified solici
Slide 8: Market Opportunity
VMOTO SOCO 2020 Very Large Growing Electric Moped and Motorcycle Market Size, by Vehicle Type, 2020-2027 (thousand units) Market Opportunity For personal use only Key Drivers of Growth in 2-Wheel EV Market • European Governments with incentives and regulations to encourage consumers to adopt electri
Slide 9: B2B E-Max
B2B E-Max For personal use only • Vmoto’s E-Max range of electric mopeds has secured a reputation in the international market as one of the best performing electric two-wheel delivery vehicles available. • E-Max electric two-wheel delivery vehicles are highly adaptable and well suited for long-dista
Slide 10: B2B Ride-Sharing
VMOTO SOCO 2020 B2B Ride-Sharing For personal use only B2B Ride-Sharing Summary • Vmoto’s ride-sharing customers grew to 7 ride- sharing customers in FY2020 • Countries with ride-sharing customers include: Austria, Belgium, Canada, Czech Republic, Italy, Netherlands, Slovakia, Taiwan and Turkey • In
Slide 11: B2B Delivery
VMOTO SOCO 2020 B2B Delivery For personal use only B2B Delivery Summary • Vmoto’s delivery customers grew to 12 delivery customers in FY2020 • Countries of delivery customers include: Netherlands, Denmark, Italy, France, United Kingdom, Brazil, Portugal, Switzerland, Malaysia, Greece, Indonesia, Slo
Slide 12: B2C Super Soco
VMOTO SOCO 2020 B2C Super Soco For personal use only • Super Soco is a third party brand Vmoto holds exclusive marketing and distribution rights into international B2C markets (excluding China). • B2C products are manufactured under a joint manufacturing agreement at Vmoto’s Nanjing, China facility.
Slide 13: B2C Ducati
VMOTO SOCO 2020 B2C Ducati For personal use only • Vmoto manufacture and distribute a CUX Ducati Special Edition electric two-wheel vehicle • Distributed by Vmoto under a worldwide licensing agreement signed with Ducati Motor Holding S.p.A. (Ducati). The licensing agreement formally expires on 31 De
Slide 14: B2C Product Range
VMOTO SOCO 2020 B2C Product Range For personal use only www.vmoto.com 1 3
Slide 15: New Products
New Products For personal use only New TS, New TC, CUmini Vmoto expanded its B2C product offerings with the recent launch of three new B2C electric two-wheel vehicle models, the new TS model, the new TC model and a CUmini model, all of which were unveiled at the 2021 Vmoto Soco World Première. The 2
Slide 16: Vmoto Manufacturing Facility
VMOTO SOCO 2020 Vmoto Manufacturing For personal use only Facility Page Title • Vmoto wholly owned a state of the art, 30,000 sqm manufacturing and warehouse facility in Nanjing, China • Vmoto holds a Chinese manufacturing license to produce electric two-wheel vehicle • Manufacturing expertise to pr
Slide 17: FY20 Strong financial and operational results
For personal use only 02 FY20 Strong financial and operational results 16
Slide 18: FY20 Highlights - Financial
FY20 Highlights Financial Highlights For personal use only • Total revenue of $61 million, up 34% on FY2019 • Net profit after tax (NPAT) of $3.7 million, up 181% on FY2019 • Earnings before interest, tax, depreciation and amortisation (EBITDA) of $5.8 million, up 101% on FY2019 • Strong positive ca
Slide 19: FY20 Highlights - Operational
FY20 Highlights Operational Highlights For personal use only • Total sales of 23,547 units of electric two-wheel vehicles, up 18% on FY2019 and up 117% on FY2018. • Order of 4,300 units secured from Go Sharing (Greenmo Group), all of which have been delivered. Additional order of 5,904 units secured
Slide 20: Outlook
For personal use only 03 Outlook 19
Slide 21: Outlook
VMOTO SOCO 2020 Outlook For personal use only • Vmoto is closely monitoring the developments of Covid-19 and remains well-prepared, should the implementation of a revised strategy be required. Vmoto is confident in the strength of its global growth strategy and expects similar levels of growth to be
Slide 22: Reconciliation between EBITDA and NPAT
Appendix 1 For personal use only Reconciliation between EBITDA and NPAT for FY20 and FY19 FY20 FY19 Earnings before interest, tax, depreciation and amortisation $5,806,014 $2,889,707 Depreciation and amortisation ($1,594,082) ($1,629,293) Profit before interest and tax $4,211,932 $1,260,414 Interest
Slide 23: Summary of key financial items FY20 and FY19
Appendix 2 For personal use only Summary and comparisons of key financial items for FY20 and FY19 Key financial items FY20 FY19 Differences Revenue $61,013,045 $45,673,354 $15,339,691 Net profit after tax (NPAT) $3,655,860 $1,300,836 $2,355,024 Earnings before interest, tax, depreciation and amortis
Slide 24: Disclaimer
Disclaimer For personal use only Important Notice The information contained in this presentation is current as at 13 April 2021 and is provided by Vmoto Limited (ABN 36 098 455 460) (“Vmoto”) as a summary document for information purposes only and may contain certain unaudited financial information
Slide 25: Thank You
For personal use only Thank You. Vmoto Limited: Suite 5, 62 Ord Street, West Perth, WA 6005, Australia info@vmoto.com vmoto.com