Slide 1: Q1 2021 Update
www.fluencecorp.com Q1 2021 Update Fluence Corporation (ASX: FLC) April 2021
Slide 2: Q1 2021 Highlights
Q1 2021 Highlights All numbers are subject to audit New orders $13.3M : +11% vs Q4 2020 and +6% versus Q1 2020 SPS new orders $7.5M, +36% vs Q4 2020 including $5.0M from China bookings Revenue $18.2M with SPS $3.7M +28% versus Q1 2020, and China +38% Q1 2020, showing strong China momentum $1
Slide 3: Strong Cash Position Supports Growth
Strong Cash Position Supports Growth All numbers are subject to audit finalization Item Amount ($M) Net cash used in operating activities Q1 2021 (20.9) of which released from restricted cash 5.5 Cash and cash equivalents Dec 31 2020 14.9 Short and long term deposits 27.4 of which restricted cash to
Slide 4: Progress on Strategic Priorities
Progress on Strategic Priorities Priority Progress Sign key new volume strategic Three Gorges order for 29 partnerships in China and the Aspirals Middle East Repeat order from China Rail Secure significant new contract As above plus key SPS win in wins in focus markets: US, China, Taiwan SE Asia, Mi
Slide 5: Fluence: Fast To Deploy, Profitable Water Solutions
Fluence: Fast To Deploy, Profitable Water Solutions Revenue Mix Transition To Higher Margin Revenue Illustrative 3% 2% 10% Increasing 16% 33% Gross 54% 25% Margin 65% 82% 13% 2020 excl 2017* Future Target Ivory Coast Smart Products Solutions (SPS) Recurring Revenue (RR) Large Smart Proprietary Propr
Slide 6: Disclaimer
Disclaimer This presentation has been prepared by Fluence Corporation Limited (ASX: FLC). All currencies quoted as “$” are US dollars unless otherwise specified. This presentation may contain forward‐looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘t