Altisource Asset Management Corp · OTC:AAMCF
Altisource Asset Management — Q2 2023 Earnings Presentation
19 slides from Altisource Asset Management's earnings presentation, Aug 14, 2023
Slide 1: Altisource Asset Management Corporation Earnings Call
Altisource Asset Management Corporation EARNINGS CALL AUGUST 14, 2023 TICKER: (AAMC)
Slide 2: Forward-looking Statement
Forward-looking Statement Certain comments made in this presentation may contain forward-looking statements in relation to operations, financial condition and financial results of Altisource Asset Management Corporation (“AAMC”) and such statements involve a number of risks and uncertainties. Forwar
Slide 3: Altisource Asset Management Corporation ("AAMC")
Altisource Asset Management Corporation (“AAMC”) 3
Slide 4: Alpha Control summary: challenge, solution, outcome, market, roadmap, team
Challenge Range and heat generation over an EV’s drive cycle, i.e. Efficiency. Solution Select and utilize multiple motors optimized for vehicle operations (patents awarded). Outcome 1 50% reduction in energy loss and heat generation resulting in an 8% increase in range. . Market Size Alpha 2 EVs re
Slide 5: Challenge
“…for an electric motor, it’s easy to get peak power for a short period of time – it’s hard to have sustained peak power, because you overheat, and it’s hard to get high efficiency over a complicated drive cycle. Those tend to be the problems we wrestle with.” Elon Musk, CEO, Tesla Challenge Two of
Slide 6: Solution
Solution Alpha Control. solves the two primary problems of electric vehicles (automobiles, trucks, construction/mining equipment, aircraft): Heat generation and Range which are a function of Efficiency. Heretofore, peak efficiency was achieved over a very narrow range of torque and RPM. Outside of t
Slide 7: Solution
Solution Patented solution reduces energy loss and heat generation by utilizing multiple small motors instead of one large motor with each motor efficient at a different combination of torque and RPM. Utilize multi-variate optimization to determine motor selection (including braking) to globally opt
Slide 8: Patent Protection
Patent Protection Alpha Control owns two US patents and one UK patent with additional patents pending. Highly rated patent counsel Mayer Brown 8
Slide 9: Outcome
Outcome 50% reduction in Enables bespoke motor configurations energy loss and heat for materially enhanced performance generation. and/or range. 9
Slide 10: Technical and commercial assessment
Technical and commercial assessment1 Patent approach Simulation, Commercial feasibility evaluated modelling & testing and value assessed Patent mathematics has been Simulation models developed and Commercial feasibility evaluated reviewed and evaluated by world correlation testing completed at and v
Slide 11: Technical development
Technical development Tesla model 3 standard range (single motor) used as the baseline vehicle 2 phases of physical testing on 3 different Patent evaluated Simulation toolset developed & motors completed – simulations correlated in controller optimised representative conditions Low fidelity Model Hi
Slide 12: Case study
1 8.4% Case study Range increase +31.4km additional range Patented Technology applied to a Tesla Model 3 Range was increased from 375.1km to 406.5km using the WLTP (Worldwide Harmonised Light Vehicle Test Procedure) combined cycle and a 1. Purple Sector configuration with 2 motors and an optimized c
Slide 13: Commercial assessment
1 Commercial assessment Using the technical toolset and findings, three business cases were assessed in application of the patented technology to the Tesla Model 3 Improve range & Improve range and partially Maintain range and reduce maximise retail price increase retail price battery size (reduce B
Slide 14: Development opportunities
Development opportunities Range benefits were limited by available motor technologies Efficient motor design and selection of Current motor design optimization in alternative existing motors that leverage automotive is focused on single motor use patent technology for increased gains Motors are capa
Slide 15: Market potential
Market potential 1 $996bn Global light vehicle sales 2030, 97m units 30% 2 $299Bn $49.5Bn $9.27Bn Serviceable TGlobal EV sales Total addressable addressable 2030, 29.1m units market 2030 market 2030 $1.7k profit per vehicle 19% utilisation Note – 19% utilization will vary between manufacturers and s
Slide 16: World Class Partner To Develop Prototype & Commercialize Product
Seabird Technologies Ltd Led by CEO Richard Draisey, ex-McLaren Racing Strategy & Finance Director Co-Founded by Alejandro Agag, Chairman of Formula E, Extreme E & E1 World class engineering team with vast experience spanning multiple industries • High performance automotive • Electric mobility • Fo
Slide 17: Prototype Development (Estimate)
$7 to $8 million 1-3 4-6 7-9 10-12 13-15 16-18 Discovery Concept Design Detailed Design Sourcing Prototype & Manufacturing Development Assembly (Estimate) Rig Testing Vehicle Testing Commercialisation
Slide 18: Strong alignment of interest in our development partners
Strong alignment of interest in our development partners Structure demonstrates conviction in technology and application by world class partner. 10% ownership in the Company when revenue attributable to Partner’s efforts exceeds $500 million per annum. Partner Development Exclusive worldwide distrib
Slide 19: Altisource Asset Management Corporation Earnings Call
Altisource Asset Management Corporation EARNINGS CALL AUGUST 14, 2023 TICKER: (AAMC) AAMC
Altisource Asset Management — Q2 2023 Earnings Presentation on 6ix