Osai Automation System Spa · MIL:OSA
Osai Automation System Spa — Osai Automation System S.p.A. Società Benefit — Investor Presentation (September 2024)
42 slides from Osai Automation System Spa's investor presentation, Sep 26, 2024
Slide 1: Company Presentation 1H24 Osai Group
Company Presentation 1H24 Osai Group Parella (TO), 26 September 2024
Slide 2: Agenda
Agenda Disclaimer pag. 3 Company Overview pag. 5 Overview 1H24 pag. 19 Osai Next Products pag. 32
Slide 3: Disclaimer
Disclaimer SOCIETA BENEFT NY
Slide 4: You must read the following before continuing
You must read the following before continuing Disclaimer Thi s presentation (the “presentation”) has been prepared by Osai A.S. S.P.A. SB (The “company”) for information purposes only, and contains only summary information. Furthermore, it has been drafted without claimi ng to be exhaustive. The inf
Slide 5: Company Overview
Company Overview \ AT S0CIETA BENEFI NY y]
Slide 6: Board of Directors
Board of Directors* MIRELLA FERRERO MARCO MOLINO FABIO BENETTI CARLO FRIGATO MARCO GUOLO DONATELLA BUSSO PAOLA MARINI PRESIDENT CEO EX. BOARD MEMBER DEPUTY CFO – EX. BOARD MEMBER CTO – EX. BOARD MEMBER IND. BOARD MEMBER IND. BOARD MEMBER 1992 - date: Os ai A.S. S.p.A. Feb2025 – date: Os ai A.S. June
Slide 7: Key Manager
Key Manager * STEFANO GIORZA MARCO CARNIATO SIMONE FERRARO CMO CCO SALES MANAGER June2024 – date: Os ai A.S. S.p.A. 2023 - date: Os ai A.S. S.p.A. SB 2018 - date: Os ai A.S. S.p.A. SB SB - Chief Manufacturing Officer - CCO - Ch ief Commercial Technical & Sales Manager Officer Electronic, Automation
Slide 8: pag. 8
* Slide updated on March 2025 pag. 8
Slide 9: Osai GreenTech, a new story
Osai GreenTech, a new story 1991 2015 2019 2022 2024 Osai A.S., company Participation in The RE4M project is Osai Green Tech SB After obtaining operating in the ADIR project born , an innovative S.r.l. is established permits for the sector for the recovery system for the with the aim of installation
Slide 10: A Success Story
A Success Story Oct 2015 2020 2022 Upon the 2018 Continuity and In October, Osai 1994 untimely death of development of established, Osai 1991 Introduction of the founder, his First burn-in activity Green Tech SB Osai founded Laser technology sister Mirella system delivered maintained, S.r.l., its fi
Slide 11: Business Overview: Introduction
Business Overview: Introduction 3 fully owned commercial branches in strategic markets 2009 - Munich 2011 - Dailan 2015 - Dallas A global presence, with the ability to respond quickly to clients. More than 40 distributors all over the world in key markets, with more than 50 local employees pag. 11
Slide 12: Business Overview: Introduction
Business Overview: Introduction* Production site The production plant is located in the municipality of Parella (close to Turin) and covers an area of more than 6.500 mq, over three buildings. New plant in Samone - 2024 Total area: 4.000 mq The company has 200 employees, highly qualified in the foll
Slide 13: Products Portfolio
Products Portfolio AUTOMATION Automatic assembly lines and systems for small and medium-sized components with high strategic value, made as per specific customer needs through the development of ad hoc solutions. ELECTRONICS A wide catalogue of solutions that allow operations on electronic boards th
Slide 14: Products
Products Divisions AUTOMATION ELECTRONICS SEMICONDUCTOR INDUSTRIAL LASER Standard and Test handlers for Burn-in test PCB Laser marking Assembly Systems MEMS sensors Automation General Purpose Laser welding Workstations Rotary tables customised Laser marking products Complete Power device Tests handl
Slide 15: Products
Products Divisions AUTOMATION ELECTRONICS SEMICONDUCTOR INDUSTRIAL LASER Order range 500K - 7M 70K - 300K 500K - 1.2M 200K - 700K Delivery time 6 - 18 months 3 - 12 months 8 - 12 months 8 - 12 months Competitors %CAGR Advanced Home Jewellery and 2021-2028 Medical Green mobility TLC Green Energy IoT
Slide 16: Highlights
Highlights TAYLOR MADE SOLUTIONS WITH LEADERSHIP IN MANUFACTURING TURNKEY PROJECTS MEMS TESTING MACHINES HIGH-TECH ITALIAN PRODUCTION SOCIETÀ BENEFIT STRONG PRESENCE INSIDE LOCAL IMPACT REPORT AREA AMONG THE FIRST INNOVATIVE SMEs FOCUS ON STAFF’S WELLBEING AND TO DRAW UP THE 3rd SUSTAINABILITY WELFA
Slide 17: Business Overview: Turnover and Value of Production
Business Overview: Turnover and Value of Production 16,9% 13,79% 14,7% Ebitda Margin 13,82% 12,99% 12,6% 11,7% 9,22% 12,7% 48% 48% 48% 11% 10,36% 39% EURO NEXT GROWTH MILAN – 3 rd November, 2020 39% 39% 45% 45% (3,84%) 45% 36% Value of Production Revenues 2013 2014 2015 2016 2017 2018 2019 2020* 202
Slide 18: Our sustainability approach
A Società Benefit is a Our sustainability approach company which combines the LONG TERM 2023 goal of profit with the GOALS GOALS RATING purpose of creating a positive impact for society and the ESG environment and which DECARBONIZATION -42% CO 2 emissions Company (Scope 1 and 2) Carboon Footprint op
Slide 19: Overview 1H24
Overview 1H24 \ SOCIED BENET NY
Slide 20: Highlights 1H24
Highlights 1H24 Comments about the year • Value of Production decreased (-8% on 1H23) despite Revenues (+2% on 1H23) remaining stable • The slowdown in the automotive market, the critical issues in the e- mobility sector and the crisis in semiconductor industry significantly reduce the collection of
Slide 21: Main Consolidated Results 1H24
Main Consolidated Results 1H24 Production value 21.67 mln Euro of group as of 30 June 2024 23.60 mln Euro at 1H23 Revenues 17.08 mln Euro of group as of 30 June 2024 16.76 mln Euro at 1H23 EBITDA / EBITDA% (2.40) mln Euro / (11.08%) of group as of 30 June 2024 0.99 mln Euro / 4,22% at 1H23 EBIT (3.9
Slide 22: Consolidated Income Statement
Consolidated Income Statement (Euro/000) June 30, 2024 June 30, 2023 ▵ TOTAL SALES 17.082 16.759 323 Change i n fi ni shed goods and W.I.P. st ock 1.896 4.875 (2.979) Other operating rev enues 2.691 1.970 721 VALUE OF PRODU CTION 21.669 23.604 (1.935) Product cost (raw materials and outsourcing) (12
Slide 23: Consolidated Financial Statements
Consolidated Financial Statements ASSETS LIABILITIES (Eu ro /1000) June 30, 2024 December 31, 2023 ▵ (Euro/1000) June 30, 2024 December 31, 2023 ▵ SHAREHOLDERS EQUITY Share capital 1.613 1.613 0 ASSETS Share premium reserve 8.681 8.681 0 NON-CURRENT ASSETS Legal reserve 299 299 0 Property, plant and
Slide 24: Key Figures by Division 30/06/2024
Key Figures by Division 30/06/2024 SERVICE 1.629 AUTOMATION 3.766 CIRCULAR ECONOMY 10% 80 CIRCULAR 0% 22% AUTOMATION 0% ECONOMY 6.978 SEMICONDUCTORS REVENUES 7.426 15% by Division ELETTRONICS & LASER 32% VALUE OF 34% 1H24 4.196 7% PRODUCTION 44% 17.1 Mln 24% by Division 17% 1H24 SEMICONDUCTORS OTHER
Slide 25: Orders & Backlog
16.8 Orders & Backlog 15.4 Orders - (€m) 12.5 10.7 9.7 9.3 7.2 6 5.2 2.5 Orders by Quarter 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 2022 2023 2024 Commercial Backlog Operative Backlog CIRCULAR ECONOMY SERVICE 0 41.6 37.3 1.998 0% 15% 31.6 SEMICONDUCTORS 25% 22.8 23.2 Orders 3.349 17.9 19.9 13.2 ELETTRONICS & 1
Slide 26: Operative Profit & Loss by Division 30/06/2024
Operative Profit & Loss by Division 30/06/2024 Total Sales Operative Value of MOL 3rd Level (1) MOL 3rd Margin (Euro/000) Production (1) (Euro/000) % (Euro/000) AUTOMATION 22% 3.766 6.978 (524) (8) 24% ELECTRONICS & LASER 4.196 3.257 881 27 SEMICONDUCTORS 44% 7.491 7.426 1.607 22 10% SERVICE 1.629 1
Slide 27: R&D 1H24
R&D 1H24 R&D 1H24 1.82 Mln Capitalized costs 1.614 KEuro Capitalized costs 1.61 mln Euro R&D Bonus amount 139 KEuro European Grants 69 KEuro Semiconductor Test Handling SEMICONDUCTORS - New processes or applications for MEMS stimulation and test systems for the semiconductor market Silicon Carbide A
Slide 28: 1H24 People in STAFF
1H24 People in STAFF Staff LOGISTIC WAREHOUSE OTHER IN STAFF & POURCHASING 33 IN 16 OUT R&D DEPARTMENT 40 30 SALES & MARKETING 6 10 249 232 OUR STAFF 209 1H24 31 190 SOFTWARE 249 people DEVELOPMENT 71 DESIGN 8 33 FINANCE & ADMINISTRATION 20 SALES ASSEMBLY Units 1H21 1H22 1H23 1H24 pag. 28
Slide 29: Net Financial Position
Operative NFP – without IFRS16 0 Net Financial Position (€m) -5000 NFP euro NFP at 31/12/2022 (34.961) -10000 NFP at 31/12/23 EBITDA (2.402) Internal capi tali sations (1.614) TAXES AND FINANCIAL CHARGES -15000 PROVISION FOR SEVERANCE PAY Investment (CAPEX) (2.726) Del ta Working Capi tal 7.459 DELT
Slide 30: NFP (€m)
NFP (€m) Activities Description 20,000 10,000 CASH - DEBTS (10,000) NFP (20,000) (30,000) (40,000) (50,000) Project Material Procurement Assembly Pre-acceptance Delivery Installation Order Payment 3 months – 18 months pag. 30
Slide 31: Operative and Commercial Backlog (€m)
Operative and Commercial Backlog (€m) Activities Description 50,000,000 45,000,000 40,000,000 35,000,000 Commercial Backlog Invoices to issue on Orders 30,000,000 25,000,000 20,000,000 20.000 Operative Backlog Value of production to be realized on Orders 15,000,000 11.000 10,000,000 9.000 Value of a
Slide 32: Osai Next Products
Osai Next Products SOCIETA BENEFT NY
Slide 33: New innovative solutions
New innovative solutions SEMICONDUCTOR TEST HANDLING SILICON CARBIDE ADDITION E-MOBILITY FACTORY BIOMEDICAL & LIFE SCIENCE AUTOMATION Expansion of the product range with Series of systems that can offer Conception, design and prototyping test handling in silicon devices. accuracy, efficiency, repeat
Slide 34: GreenTech Existing Business
GreenTech Existing Business PCB HARD DISK PHOTOVOLTAIC BATTERY The RE4M – Recycling for Innovative project designed to By 2050, it is estimated that there We are witnessing the E-mobility Manufacturing plant, born from the automate the process of extracting, will be more than 78 million tonnes explo
Slide 35: RE4M – new project
RE4M – new project Growth trend of PV EoL in Italy 1 2050 global turnover PV recycling1 80 Billion $ PV EoL vs 2,7 Bil. $ 2030 Photovoltaic End of Life 2.000.000 78 Milion of tons 2050 1.000.000 100.000 7,8 tons Milion of tons 2030 2023 2030 2050 Global2 growth trend of PV EoL 1- source: Rystad Ener
Slide 36: RE4M – new project
RE4M – new project Value of materials 22 Kg after PV recycling1 PV EoL weight of a 9,5 Photovoltaic End of Life Euro photovoltaic panel 0,1 kg - PCB 0,2 kg - Various Metals « 1,7 kg - Plastics « 2,8 kg - Silicon 47% of value of secondary raw materials 2,9 kg - Alluminium is characterized by Silver 1
Slide 37: RE4M – new project
RE4M – new project OPPORTUNITY SCENARIO Critical Row Material ACT European Low PV EoL 2030 2012/19/UE (DL n.49/2014) Photovoltaic End of Life AT LEAST 25% OF THE EU’S WEEE RAEE CONSUMPTION FOR RECYCLING Actually < 1% 98% MINIMUM LEVEL ITALY GLOBAL OF RECYCLING HAS THE ENERGY MIX 2 nd 2050 PIANO TRAN
Slide 38: RE4M – Strengths of our solution
RE4M – new project STRENGTHS OF OUR SOLUTION PV EoL 1st Innovative, sustainable and scalable solution to Photovoltaic End of Life guarantee high volumes and efficiency in the POINT extraction of secondary raw materials; Automated and integrated "turnkey" solution 2nd capable of starting from the PV
Slide 39: The new era of recycling continues...
RE4M – new project POINTS OF INTEREST PV EoL High treatment capacity Photovoltaic End of Life more than 10,000 tons of PV/Y Presentation of the «concept» at the Ecomondo – The Green Technology Expo 5-8 November 2024, Rimini First system on the market in 2025 The new era of recycling continues... pag
Slide 40: Worldwide Exhibitions 2024
Worldwide Exhibitions 2024 pag. 40
Slide 41: Contacts
Contacts HEADQUARTER OSAI A.S. S.p.A. SB Via della Cartiera 4 10010 Parella (TO) - Italy https://goo.gl/maps/SvkTBjtbeb8vpfih9 NEWSLETTER Subscribe to our newsletter for any update! click here CONTACTS Tatiana Chieno investor@osai-as.it - +39 342 3404068 pag. 41
Slide 42: OSAI A.S. S.p.A. Società Benefit
OSAI A.S. S.p.A. Società Benefit Via Cartiera, 4 - 10010 Parella (TO) ITALY - Phone: +39 0125 668311 www.osai-as.com - info@osai-as.it
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