Photon Energy NV · GPW:PEN
Photon Energy NV — Q4 2020 Earnings Presentation
17 slides from Photon Energy NV's earnings presentation, Feb 15, 2021
Slide 1: Q4 2020 Results
Q4 2020 Results with Georg Hotar, CEO and Clemens Wohlmuth, CFO Photon Energy N.V. 15 February 2021
Slide 2: Disclaimer
Q4 2020 Results Disclaimer This presentation is for information purposes only and may not be copied in whole or in part for any purpose, or forwarded to third parties or published. This presentation includes written material or slides for a presentation on Photon Energy N.V. (“the Company") and thei
Slide 3: Agenda
Business Model Strategy and Outlook Financials Q4 & FY 2020 Q&A Session
Slide 4: Business Model
Business Model Strategy and Outlook Financials Q4 & FY 2020 Q&A Session
Slide 5: Business Model: Solar Services
Q4 2020 Results Business Model: Solar Services Our services cover the entire Project Development lifecycle of photovoltaic systems. We develop and acquire rooftop and green-field projects from 300 kWp to 300 MWp. Investments EPC Solutions We invest in PV power plants for We design and build on- and
Slide 6: Business Model: Water Services
Q4 2020 Results Business Model: Water Services Our comprehensive services and Treatment solutions help to make clean water We deliver treatment solutions including potable and accessible to everyone. wastewater treatment, hazardous liquid waste and industrial water treatment. Research and Developmen
Slide 7: Our Global Presence
Q4 2020 Results Our Global Presence Focus on Europe and Australia Project development ► Project pipeline with a combined capacity of 821 MWp ► Focus on Australia, Hungary, Poland and Romania Electricity production (74.7 MWp) ► 11 proprietary power plants in the Czech Republic (15.0 MWp), 11 in Slova
Slide 8: Strategy and Outlook
Business Model Strategy and Outlook Financials Q4 & FY 2020 Q&A Session
Slide 9: Strategy and Outlook
Q4 2020 Results Strategy and Outlook SOLAR ► Project development in-house, through co-development, and acquisitions. Clear focus on Australia, Hungaria, Poland and Romania. ► Expansion of proprietary power plant portfolio supporting the growth of recurring revenue from electricity generation. ► Expa
Slide 10: Project Development
Q4 2020 Results Project Development Romania 120 105 MWp Hungary 120 100 100 97 MWp ► First projects secured in feasibility 87 MWp ► 31.5 MWp in Tolna currently under stage and early development. 80 development and submitted to 80 auctions. ► Focus on acquiring and reviving 60 60 ► The most advanced
Slide 11: Financials Q4 & FY 2020
Business Model Strategy and Outlook Financials Q4 & FY 2020 Q&A Session
Slide 12: Highlights of Q4 2020
Q4 2020 Results Highlights of Q4 2020 ► Commissioning of 14.1 MWp in Püspökladány, Hungary. ► Long-term financing secured for additional 17.6 MWp in Hungary. ► In Australia, two utility-scale power plants with 14.6 MWp in Leeton brought to the commissioning stage. ► Finish line reached in the constr
Slide 13: Business Development in Q4 2020
Q4 2020 Results Business Development in Q4 2020 Continued progress across all segments Proprietary portfolio, cumulated (MWp) 80 74.7 MWp ► 23.0 MWp of PV power plants grid-connected in Hungary in 70 60.6 MWp 60 2020, of which 14.1 MWp during Q4 2020. 51.7 MWp +14.1 50 ► 70.0 GWh of electricity (+59
Slide 14: Q4 2020 Financial Results: Income Statement
Q4 2020 Results Q4 2020 Financial Results Income Statement In thousand EUR Q1–Q4 2020 Q1–Q4 2019 Change in % Q4 2020 Q4 2019 Change in % Total revenues 28,258 30,154 -6.3% 5,096 7,749 -34.2% Gross profit 17,677 15,439 14.5% 1,822 2,243 -18.8% EBITDA 8,195 7,942 3.2% -997 260 -483.8% EBIT -116 1,147
Slide 15: Q4 2020 Financial Results: Balance Sheet
Q4 2020 Results Q4 2020 Financial Results Balance Sheet Assets Total assets 180,000 +15.7% EUR 159.9M ► Increase in fixed assets connected to PV power plants EUR 138.3M 14,002 11,371 constructed/in progress in Hungary and in Australia, an update 15,104 Cash and 120,000 made to our revaluation model
Slide 16: Q4 2020 Financial Results: Cash Flow Statement
Q4 2020 Results Q4 2020 Financial Results Cash Flow Statement Cash flow profile in 2020 20,000 5,819 15,104 In thousand EUR Q1–Q4 2020 Q1–Q4 2019 15,000 14,002 Operating cash flow Operating cash flow 5,819 6,536 10,000 -20,171 Investment cash flow 13,251 Investment cash flow -20,171 -14,410 Financia
Slide 17: Q&A Session
Business Model Strategy and Outlook Financials Q4 & FY 2020 Q&A Session