Amg Critical Materials N.v. · EURONEXT:AMG

Amg Critical Materials — Q4 2021 Earnings Presentation

14 slides from Amg Critical Materials's earnings presentation, Feb 28, 2022

  1. Slide 1: Enabling the Circular Economy

    ENABLING THE CIRCULAR ECONOMY INVESTOR PRESENTATION | FOURTH QUARTER 2021 AMG ADVANCED METALLURGICAL GROUP N.V.

  2. Slide 2: Cautionary Note

    CAUTIONARY NOTE This document contains proprietary information and is being provided solely for information purposes by AMG Advanced Metallurgical Group N.V. (The “Company”) and may not be reproduced in any form or further distributed to any other person or published, in whole or in part, for any pu

  3. Slide 3: Financial Highlights

    FINANCIAL HIGHLIGHTS REVENUE (IN MILLIONS OF US DOLLARS) NET (LOSS) INCOME ATTRIBUTABLE TO SHAREHOLDERS (IN MILLIONS OF US DOLLARS) $330.4 $5.7 $298.4 $311.9 $5.1 $253.5 $264.0 $3.6 30% $8.5M YoY ($0.6) YoY ($2.8) Q4 '20 Q1 '21 Q2 '21 Q3 '21 Q4 '21 Q4 '20 Q1 '21 Q2 '21 Q3 '21 Q4 '21 EBITDA* (IN MILL

  4. Slide 4: AMG Clean Energy Materials Financial Highlights

    AMG CLEAN ENERGY MATERIALS FINANCIAL HIGHLIGHTS REVENUE & EBITDA* (IN MILLIONS OF US DOLLARS) GROSS PROFIT EXCLUDING EXCEPTIONAL ITEMS (IN MILLIONS OF US DOLLARS) $115.4 $29.0 $105.3 $90.1 $25.8 Revenue $21.7 $67.0 $70.6 25.2% increased $16.1 Gross $18.0 72% vs. Q4 ‘20 $13.4 20.6% profit more and EB

  5. Slide 5: AMG Critical Minerals Financial Highlights

    AMG CRITICAL MINERALS FINANCIAL HIGHLIGHTS REVENUE & EBITDA* (IN MILLIONS OF US DOLLARS) GROSS PROFIT EXCLUDING EXCEPTIONAL ITEMS (IN MILLIONS OF US DOLLARS) $76.8 $79.4 $79.4 $72.9 $13.1 $13.4 $11.7 $11.4 $55.5 $10.8 Revenue increased 21.0% Gross $8.9 $9.0 $9.2 $6.5 $6.5 43% vs. 17.9% 17.4% profit

  6. Slide 6: AMG Critical Materials Technologies Financial Highlights

    AMG CRITICAL MATERIALS TECHNOLOGIES FINANCIAL HIGHLIGHTS REVENUE & EBITDA* (IN MILLIONS OF US DOLLARS) GROSS PROFIT EXCLUDING EXCEPTIONAL ITEMS (IN MILLIONS OF US DOLLARS) $135.5 $22.4 $131.0 $131.4 $20.6 $21.1 $20.3 $127.2 EBITDA $15.3 $11.7 increased Gross $120.4 $9.6 $8.5 by $5.1 17.1% 16.0% 15.9

  7. Slide 7: Key Corporate Income Statement Items

    KEY CORPORATE INCOME STATEMENT ITEMS SG&A EXPENSES (IN MILLIONS OF US DOLLARS) NET FINANCE COSTS (IN MILLIONS OF US DOLLARS) $39.5 $12.6 $33.1 $33.2 $33.8 $13.4 million $11.7 Increase $26.1 $9.6 $9.6 $10.1 increase largely due mainly driven by to strategic project $8.7 $7.2 $8.7 $7.5 write-off of pr

  8. Slide 8: Cash Flow and Working Capital

    CASH FLOW AND WORKING CAPITAL OPERATING CASH FLOW (IN MILLIONS OF US DOLLARS) NET DEBT (IN MILLIONS OF US DOLLARS) $30.2 $317.2 $287.9 Cash from $265.3 $284.5 $23.0 operating activities $219.9 $19.9 Net debt at $17.6 was $90.8 million for FY ‘21, YE 2021 in $11.4 compared to $19.6 line with million

  9. Slide 9: Appendix

    APPENDIX

  10. Slide 10: Quarterly Revenue Drivers

    QUARTERLY REVENUE DRIVERS CLEAN ENERGY MATERIALS SEGMENT RESULTS KEY DRIVERS Q4 2021 Q4 2020 Price Volume Vanadium Revenue $115.4 $67.0 Spodumene Gross Profit * $29.0 $8.6 Tantalum CRITICAL MINERALS SEGMENT RESULTS KEY DRIVERS Q4 2021 Q4 2020 Price Volume Revenue $79.4 $55.5 Graphite Silicon Gross P

  11. Slide 11: Critical Materials — Average Quarterly Market Prices

    CRITICAL MATERIALS — AVERAGE QUARTERLY MARKET PRICES Q4 Q4 FEB 15, 2022 Q4 ‘21 VS. Q4 ‘20 SPOT VS. Q4 ‘21 MATERIALS 2020 2021 SPOT % CHANGE % CHANGE Ferrovanadium ($/lb) $10.51 $15.14 $18.75 44% 24% CRU Molybdenum ($/lb) $9.02 $18.87 $19.03 109% 1% S&P Global Platts Nickel ($/MT) $15,930 $19,830 $23

  12. Slide 12: Critical Materials — Full Year and Current Spot Prices

    CRITICAL MATERIALS — FULL YEAR AND CURRENT SPOT PRICES AVG AVG FEB 15, 2022 AVG ‘21 VS. AVG SPOT VS. AVG MATERIALS 2020 2021 SPOT ‘20 % CHANGE ‘21 % CHANGE Ferrovanadium ($/lb) $10.81 $15.81 $18.75 46% 19% CRU Molybdenum ($/lb) $8.67 $15.98 $19.03 84% 19% S&P Global Platts Nickel ($/MT) $13,788 $18,

  13. Slide 13: Net Income (Loss) to EBITDA Reconciliation

    NET INCOME (LOSS) TO EBITDA RECONCILIATION (000’s USD) Q4 2021 Q4 2020 FY 2021 FY 2020 Net income (loss) $4,139 ($2,613) $13,779 ($42,460) Income tax expense (benefit) 5,293 (4,950) 8,707 11,184 Net finance cost (1) 12,644 5,956 33,602 23,524 Equity-settled share-based payment 6,883 (2,164) 10,206 3

  14. Slide 14: VANADIUM,-MOLYBDENUM AND NICKEL—CAMBRIDGE, OHIO LF VANADIUM, MOLYBDENUM AND NICKEL—ZANESVILLE, OHIO

    VANADIUM,-MOLYBDENUM AND NICKEL—CAMBRIDGE, OHIO LF VANADIUM, MOLYBDENUM AND NICKEL—ZANESVILLE, OHIO This announcement appears as a matter of record. AMG’s LAW: “Everything that can be recycled will be recycled.” AMG ADVANCED METALLURGICAL GROUP N.V. amg-nv.com CHROMIUM

AMG Critical Materials — Q4 2021 Earnings Presentation on 6ix