Slide 1: Powering Ahead
For personal use only POWERING AHEAD OCTOBER 2013
Slide 2: Global cooling, one kilometre at a time
For personal use only Global cooling, one kilometre at a time
Slide 3: Business overview
Business overview • Vmoto is a leading global scooter manufacturer and distribution group For personal use only - specialising in high quality “green” electric powered two wheel vehicles - chic European designs and German engineering - wholly owned, low cost, 30,000sqm Chinese manufacturing facility
Slide 4: Investment highlights
Investment highlights Well positioned for substantial growth For personal use only • Infrastructure in place and paid for • Critical licences and patented technology and IP • Strong competitive position • Strong board and management team • Strategically placed to access high growth markets in Asia •
Slide 5: Vmoto's evolution
Vmoto’s evolution 2013 For personal use only 2009 2010 2012 Vmoto launches Vmoto acquires Following the E-Max With many lucrative its own 1st two E-Max, a German integration, scale supply agreements wheel electric 2009 electric scooter production builds at already secured, scooters in China 2009 Pro
Slide 6: Strong competitive position in world market
Strong competitive position in world market No. 2 global vendor and clear contender to be leader For personal use only • Global electric scooter market has developed two distinct vendors: - high-powered , higher priced scooters in North / South America and Europe - those with cost structures suitabl
Slide 7: Access to massive high growth markets
Access to massive high growth markets Strategic position in China provides access to world’s largest two For personal use only wheel vehicle market • Asia Pacific accounts for more than 99% of global sales • China is largest global market for electric two wheel vehicles (incl. bicycles) – 30m units
Slide 8: Access to massive high growth markets (cont'd)
Access to massive high growth markets (cont’d) Market opportunity is global For personal use only • Navigant Research forecasts that global e-scooter sales will grow from 12m vehicles in 2013 to 18m in 2020 • Vmoto already at forefront of this market with global network of customers, partners and di
Slide 9: Ability to scale manufacturing operations
Ability to scale manufacturing operations • 30,000sqm state of the art manufacturing facility in Nanjing, China For personal use only - wholly owned, fully paid for, equipped plant in key industrial zone - no short term infrastructure requirements; producing >60,000 units in 2013 • Operates under Ch
Slide 10: Strong financial position and current trading
Strong financial position and current trading Moving into profit and positive cashflows For personal use only • Well funded following completion of recent oversubscribed $5m capital raising • Monthly net profit (unaudited) of $80k, $40k and $120k for June – August respectively • Unit sales from firs
Slide 11: Significant organic growth opportunities
Significant organic growth opportunities Solid market share already in electric scooter market For personal use only • – no. 2 global vendor • Strategically placed to access huge growth potential of massive Chinese electric two wheel vehicle market • Discussions ongoing for collaboration and joint v
Slide 12: In summary…
In summary… For personal use only • Infrastructure, licensing, branding, patented technology and IP all in place • Strong competitive position • Strong board and management team • Strategically placed to access massive high growth markets • Ability to significantly increase scale of manufacturing op
Slide 13: For personal use only
For personal use only • Charles Chen, Managing Director – +86 139 1338 8886 – charles@vmoto.com.cn • Olly Cairns, Non-Executive Director – +61 (8) 9226 3865 – olly@vmoto.com
Slide 14: Appendices
For personal use only Appendices 14
Slide 15: Corporate structure
Corporate structure Directors and senior management For personal use only • • Shareholders – Simon Farrell – Non-Executive Chairman – Australian / Chinese institution and retail – 73% – Charles Chen – Managing Director – UK institution and retail – 16% – Ivan Teo – Finance Director – Management – 11
Slide 16: Directors and Senior Management
Directors and Senior Management • Simon Farrell– Non-Executive Chairman (London) - Former Managing Director of Coal of Africa – grew to $1 billion market cap For personal use only - 30 years’ experience in global business • Charles Chen – Managing Director (China) - Ex-Honda Sundiro Management, 18 y
Slide 17: Key customers
Key customers Name Description For personal use only PowerEagle Chinese company based in Shanghai, China and specialises in electric bicycles/scooters/ motorcycles. Brand name well known in China for product development and quality control E-Tropolis Germany electric vehicle company based in Bremen,
Slide 18: Financial information (1)
Financial information (1) Summary of consolidated profit & loss Year ended Year ended 6 mths ended * 6 mths ended 30 * 30 June 2011 30 June 2012 31 Dec 2012 Jun 2013 A$ million A$ million A$ million A$ million For personal use only Audited Audited Audited Audit Reviewed Revenue from sale of goods 7.
Slide 19: Financial information (2)
Financial information (2) Summary of consolidated 30 Jun 2011 30 Jun 2012 31 Dec 2012 30 Jun 2013 For personal use only balance sheet A$million A$million A$million A$million Audited Audited Audited Audit Reviewed CURRENT ASSETS Cash and cash equivalents 0.7 1.2 1.8 0.9 Trade and other receivables 1.
Slide 20: Financial commentary
Financial commentary Financial Performance For personal use only • - Loss after tax for the six months ended 30 June 2013 approximately A$553k. Forecast profit between A$300k – A$600k in year ending 31 December 2013 • Cash - Cash at Bank as at 30 September 2013 approximately A$1.3m (unaudited) • Fac
Slide 21: Patented technology and IP
Patented technology and IP Market leading technologies that are transferrable For personal use only • Patented technology and IP - through acquisition of E-Max, Vmoto is producing market leading technology • Market differentiation based on innovative and functional design features - high quality con
Slide 22: European operations
European operations • After Sales Service and Marketing centre for Europe currently based in Bremen, For personal use only Germany • Services Vmoto’s key customers in Europe • Provides spare parts and technical support in a timely and efficient manner • Participates in prestigious exhibitions such a
Slide 23: Vmoto in China
For personal use only Vmoto in China 23
Slide 24: The Vmoto product
The Vmoto product Chic European For personal use only Design Average High power charging time of (80km/h) 3-5 hours Long battery life Long range (up to 1,000 recharges) (up to 140km) Model: 120LD Low running Zero emission cost (4kwh for 100km – €0.80) 24
Slide 25: Vmoto products – 80L main features
Vmoto products – 80L main features European Design For personal use only Water-proof LCD speedometer LED Lights Alum. Frame Moveable battery pack 25
Slide 26: Batteries and charging
Batteries and charging • Currently silicone & lithium battery packs used For personal use only - modular design - high energy density - intelligent cooling system • Moveable battery packs • On board chargers and smart chargers • Average range – 45km to 140km • Average charging time – three to five h
Slide 27: New models of electric two wheel vehicle products
New models of electric two wheel vehicle products For personal use only 27
Slide 28: Disclaimer
Disclaimer IMPORTANT NOTICE For personal use only The information contained in this presentation is current as at 22 October 2013 and is provided by Vmoto Limited (ABN 36 098 455 460) (“Vmoto”) as a summary document for information purposes only. Any forward looking statements included in this prese
Slide 29: Powering Ahead
For personal use only POWERING AHEAD OCTOBER 2013