Agilyx ASA · OSL:AGLX
Agilyx ASA — H1 2022 Earnings Presentation
17 slides from Agilyx ASA's earnings presentation, Aug 26, 2022
Slide 1: H1 Highlights and Results
The Integrated Solution for Plastic Waste H1 Highlights and Results August 2022
Slide 2: Agilyx Value Proposition
Agilyx Value Proposition 50% 25% 50% 75% 1 2 3 4 5 6 7 Solving for one of End-to-end Commercially- greatest …Which creates a ..With blue-chip Asset-light, ready Entering phase of integrated validated environmental tremendous TAM partners for rapid scale up rapid growth solution technology… challenge
Slide 3: Limitation of Current System to Access Waste Plastic
Limitation of Current System to Access Waste Plastic Existing waste system Feedstock available Customers Generated waste Mechanical recyclate Mechanical recyclers Only 10-15% of plastic waste Existing waste Limited volume of clean / Majority chemical recyclers plastic (MRF residuals) high polyolefin
Slide 4: Agilyx and Cyclyx: Integrated Recycling Solution Roadmap
Agilyx and Cyclyx: Integrated Recycling Solution Roadmap Collection channels Circularity center Customers 10-15% of plastic waste Mechanical recyclers Existing waste plastic Mechanical recyclate + (MRF residuals) Majority of chemical recyclers requiring higher quality feedstock Clean / high New wast
Slide 5: Recent Signposts
Recent Signposts Collection channels Circularity center Agilyx Business Development Launch of TruStyrenyx –Technip Aug’22 Further development of advanced Aug’22 launching branded sales of plastic feedstock processing facility in integrated Agilyx/Technip system. Partnership with Virgin Red, an Texas
Slide 6: Takeback Programs – Starting with the City of Houston
Takeback Programs – Starting with the City of Houston Collection channels Circularity center Customers Program Manager Corporate Takeback Program 10 to 90 Education and Incentive Working with members/other local companies Programs to initiate takeback programs for campuses and Developing tools to ed
Slide 7: Cyclyx Circularity Center (CCC) Based in Texas
Cyclyx Circularity Center (CCC) Based in Texas Collection channels Circularity center Customers Financed by partner(s) All plastics are accepted • US$14.8mn advanced funding Robust and flexible compounding approved capabilities allowing it to produce custom • US$1.75mn received feedstocks meeting ma
Slide 8: H1 2022 Operational Results Highlights: Agilyx Project Pipeline
H1 2022 Operational Results Highlights: Agilyx Project Pipeline Project development pipeline Project capacity Number of projects kt p.a. 1 1 1 1 1.8x increase 16 10 1’220 67 85 55 67 670 Jun’21 Jun’22 Scoping Feedstock testing & development Construction & license Operational Jun'21 Jun'22 • Strong g
Slide 9: H1 2022 Financial Results Highlights
H1 2022 Financial Results Highlights Agilyx now reporting under IFRS standards Revenue Cash and cash equivalents $7.8M $13.4M 5x increase 28.1 7.8 19.6 13.1 13.4 1.6 0.8 1H'20 1H'21 1H'22 Jun'21 Dec '21 Mar'22* Jun'22 • Revenue of $7.8M in H1 2022 is attributable to Cyclyx Feedstock sales of $5.1M,
Slide 10: Up-listing to the Main Oslo Børs Targeted for September 2022
Up-listing to the Main Oslo Børs Targeted for September 2022 The key workstreams are already running… …Setting the scene for further investment case improvement 1 Getting Agilyx ‘up-listing ready’ ✓ Conversion into an ASA completed; become ‘up-listing ready’ from a corporate and governance point of
Slide 11: Mid-term Goals for 2025/26
Mid-term Goals for 2025/26 2025/26 Objective: Agilyx Revenue of US$200-300mn Feedstock to Product Waste to Feedstock ✓ 1 new project into development/quarter on average; 4 in 2022 ✓ Step change of volume and expanded membership ‘22 ✓ Driving projects into licensing/construction ✓ Dedicated processin
Slide 12: Q&A
Q&A
Slide 13: Appendix
Appendix
Slide 14: Income Statement
Income Statement H1 2022 H1 2021 FY 2021 USD Revenues 7,828,500 790,508 4,889,227 Cost of revenues 8,583,228 1,194,852 4,825,819 Gross margin (754,728) (404,343) 63,408 Research costs 1,141,101 1,367,258 2,252,214 Sales and marketing 774,802 774,777 1,097,922 General and administrative 8,408,148 5,7
Slide 15: Balance Sheet
Balance Sheet 30 June 2022 30 December 2021 USD H1 2022 Total non-current assets 6,943,338 6,243,809 Cash and cash equivalents 13,418,003 19,570,154 Other current assets 3,214,481 2,195,785 Total current assets 16,632,484 21,765,939 TOTAL ASSETS 23,575,822 28,009,748 TOTAL EQUITY 6,814,583 14,547,82
Slide 16: Cash Flow Statement
Cash Flow Statement H1 2022 H1 2021 FY 2021 USD H1 2022 H1 2021 Cash flow from operating activities (4,855,392) (6,889,983) (15,672,805) Cash flow from investing activities (1,704,307) (3,384,577) (2,618,497) Cash flow from financing activities 407,548 (573,539) (1,037,472) Net increase (decrease) i
Slide 17: The Integrated Solution for Plastic Waste
The Integrated Solution for Plastic Waste 17 Presentation Title