M Vest Water As · OSL:MVW
M Vest Water As — H1 2021 Earnings Presentation
28 slides from M Vest Water As's earnings presentation, Sep 30, 2021
Slide 1: First half-year Report – 30 September 2021
First half-year Report – 30 September 2021 By CEO Stein E. Giljarhus & CFO Morten H. Thomassen
Slide 2: Agenda
Agenda H1 Highlights M Vest Water in brief Technology Key developments Strategic targets Outlook Q&A
Slide 3: H1 Highlights
H1 Highlights
Slide 4: Highlights 1H 2021 – on-track and building the platform for growth
Highlights 1H 2021 – on-track and building the platform for growth
Slide 5: Highlights 1H 2021 – on-track and building the platform for growth
Highlights 1H 2021 – on-track and building the platform for growth • Operational execution has been according Financial results and financing: to our strategy. • Revenues NOK 0.4 million • We are building our growth platform by setting up new verification tests in different European and Middle Easte
Slide 6: Financial highlights
Financial highlights Key figures All figures in NOK 1000 H1 2021 H1 2020 (Unaudited) (Unaudited) Revenues 395 1946 EBITDA (4.354) 191 EBITDA normalized * (3 225) EBIT (4 383) 173 Profit/(loss) (4918) (25) Earnings per share (diluted) - - Cash flow operating activities (3 473) 2321 Total assets 114 9
Slide 7: M Vest Water in brief
M Vest Water in brief
Slide 8: Key facts
Key facts • Innovative water treatment technology • Environmentally friendly products and solutions • Founded in 2017 • Head office in Bergen, Norway • Unique, efficient, patented and proven technology • Listed on Euronext Growth Oslo (MVW)
Slide 9: Our mission
Our mission • M Vest Water has a singular and clear-cut mission: to realize a zero-discharge future. • Meeting the increasing demand by contributing to cleaner water resources around the globe. • Enabled by environmentally friendly, cost- efficient and highly effective products and solutions. • We w
Slide 10: A ground-breaking water treatment product portfolio
A ground-breaking water treatment product portfolio • M Vest Water’s solutions of treatment chemicals and equipment removes pollution in water, including toxic dissolved components. • Our solutions are non-toxic and bio- degradable with no harm to the nature. • Our solutions replaces synthetic micro
Slide 11: Sustainable solutions
Sustainable solutions • M Vest Water supports the UN’s 17 Sustainable Development Goals (SDG). • M Vest Water 's products and technologies provide environmental benefits and support at least 8 of the 17 SDGs. • Using bio-degradable materials instead of synthetic polymer-based coagulants and floccula
Slide 12: Technology
Technology
Slide 13: Suite of products centred on NorwaFloc platform
MVW has developed a suite of products centred on its NorwaFloc platform Treatment Treatment chemical equipment Main product Main product NorwaMix Description Additive extracted from High efficiency and reusable Maintenance friendly, efficient Tertiary, automatic back-flush Mobile mixing and dosing u
Slide 14: Uniquely effective – highly cost-efficient
Uniquely effective – highly cost-efficient «Theory» «Practice» Flocculated Polluted Water Flocculation Treated Water Polluted Water Flocculation Water Any separation device Any separation device Conventional, microplastic-based flocculants Source: M Vest Water Page 14
Slide 15: Imminent regulatory change in Europe will force changes to wastewater treatment
Imminent regulatory change in Europe will force changes to wastewater treatment The Issue of Microplastics Regulatory timeline • Overall, ~145,000 tonnes of microplastics are intentionally used in EU/EEA per year, but around The European Commission requests ~220,000 tonnes of microplastic actually e
Slide 16: Key developments
Key developments
Slide 17: Successful full-scale testing on oil & gas project
Successful full-scale testing on oil & gas project Testing and validation timeline for NorwaFloc™ Development project: oil and gas facility 2Q’17 Agreement with major service provider • Treats 150 m3/h oil polluted water before discharge to sea. The water comes in with the oil from offshore oil fiel
Slide 18: LOI NOS Chemicals AS (NOSC)
LOI NOS Chemicals AS (NOSC) NOSC is a part of Norwegian Oilfield Supply Group, with activities mainly in Norway. NOSC is a supplier of commodity and specialty chemicals to the on- and offshore oil and gas industry, as well as water treatment chemicals, flocculants (polymers) and coagulants to the in
Slide 19: LOI Nijhuis Saur Industries (NSI)
LOI Nijhuis Saur Industries (NSI) NSI has broad experience and application know-how within a wide range of industries, designing the most appropriate solutions to reduce, reuse and recover (waste)waters. NSI is integrated in, and owned by Saur Group, which has > 4 000 references in > 140 countries w
Slide 20: Global Business Distribution Agreement Dryden Aqua
Global Business Distribution Agreement Dryden Aqua (Dryden) M Vest Water (MVW) and Dryden Aqua (Dryden) have signed a Business Distribution agreement consisting of the following key elements: 1) MVW is assigned as Distributor in the territory of Norway for the product AFM® (Activated Filter Media) i
Slide 21: Strategic targets
Strategic targets
Slide 22: Strategic targets
Strategic targets • Develop the M Vest Water portfolio of environmentally friendly technology to be even more powerful and efficient – increasing our lead on the competition. • Become a global and preferred vendor delivering highly competitive and cost-efficient solutions to the water treatment mark
Slide 23: On the horizon (3-12 months)
On the horizon (3-12 months) • Establish solid partnerships to further facilitate and accelerate distribution to the markets. • Establish our services in Europe in the industries of Sludge, O&G, and Municipal Waters. • Establish our services in the Middle East - GCC countries and establish a busines
Slide 24: Outlook
Outlook
Slide 25: Global water treatment market expected to exceed $240bn by 2027
Global water treatment market expected to exceed $240bn by 2027 Global Water Treatment Market Forecast Industrial wastewater treatment Industrial Subsegments (2020E) 6.7% Other 300 CAGR Semiconducto Manufacturin • Treatment of wastewater produced as an un- r 12 % g desirable byproduct of industrial
Slide 26: Priorities for 2021 and 2022 ongoing projects
Priorities for 2021 and 2022 20 ongoing projects: • Verification testing • On-site testing • Full-scale testing • Commercialization Collaboraton agreements: • Dryden Aqua • Establish collaboration agreements with NOS Chemicals and Nijhuis Saur. • Continue to establish key partnerships. • Commercial
Slide 27: Q&A
Q&A
Slide 28: Disclaimer
Disclaimer The facts and information contained in this report contains information as known to the reporting date and is subject to future changes. Neither the M Vest Water (the "Company") or related companies, affiliates, subsidiaries or management, supervisory board members, employees or advisors