Osai Automation System Spa · MIL:OSA
Osai Automation System Spa — Osai A.S. S.p.A. SB — FY2023 Earnings Presentation
40 slides from Osai Automation System Spa's earnings presentation, Mar 22, 2024
Slide 1: Company Presentation FY23
Company Presentation FY23 Osai A.S. S.p.A. SB Parella (TO), 22 March 2024
Slide 2: Agenda
Agenda Disclaimer pag. 3 Company Overview pag. 5 Overview FY23 pag. 19 Osai Next Products pag. 32
Slide 3: Disclaimer
Disclaimer fo ‘SOIT BENEF
Slide 4: You must read the following before continuing
You must read the following before continuing Disclaimer This 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 claiming to be exhaustive. The infor
Slide 5: Company Overview
Company Overview
Slide 6: Board of Directors
Board of Directors MIRELLA FERRERO FABIO BENETTI CARLO FRIGATO MARCO GUOLO SERGIO DUCA DONATELLA BUSSO PAOLA MARINI EXECUTIVE CHAIR - CEO EXECUTIVE BOARD MEMBER EXECUTIVE BOARD MEMBER CTO - EXECUTIVE BOARD MEMBER IND. BOARD MEMBER IND. BOARD MEMBER IND. BOARD MEMBER June2024 – date: Osai A.S. June20
Slide 7: Key Manager
Key Manager MARCO GADALETA STEFANO GIORZA MARCO CARNIATO SIMONE FERRARO CFO CMO CCO SALES MANAGER 2023 - date: Osai A.S. S.p.A. SB - June2024 – date: Osai A.S. S.p.A. 2023 - date: Osai A.S. S.p.A. SB 2018 - date: Osai A.S. S.p.A. SB CFO – Chief Financial Officer SB - Chief Manufacturing Officer - CC
Slide 8: Group structure
a Osai_ | gerrre automation systems 5,48% j | GF GREEN TECH OSAI China AUTOMATION 4 RECYCLING | GAUU? Dalian soning Province, Chine Benefit Company 100% 100% USA Germany Dallas, Texas, USA sai Automation System GmbH Munich, Germany 100% 9 = 2 { 100% Osai automation systems 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 First burn-in development of established, Osai 1991 Introduction of the founder, his system activity Green Tech SB Osai founded Laser technology sister Mirella takes over the delivered maintained,
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 250 employees, highly qualified in the follo
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 Test handlers for Burn-in test Standard and PCB Laser marking Assembly Systems General Purpose Workstations Rotary tables MEMS sensors Automation Laser welding customised Laser marking products Complete Power device Tests handl
Slide 15: Products
Products Divisions AUTOMATION ELECTRONICS SEMICONDUCTOR INDUSTRIAL LASER Order range 500K - 4M 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 12,99% 12,6% 13,82% 11,7% 9,22% 12,7% 48% 48% 11% 48% 10,36% 39% EURO NEXT GROWTH MILAN – 3 rd November, 2020 39% 39% 45% 45% (3,84%) 45% 36% Value of Production Revenues 14,4 16,07 17,41 19,43 18,99 20,62 23,09 27,
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% CO2 emissions Company (Scope 1 and 2) Carboon Footprint ope
Slide 19: Overview FY23
Overview FY23 {~ — Ny ‘SOIETA BENET.
Slide 20: Highlights FY23
Highlights FY23 Comments about the year • High Value of Revenues for several delivered and installed machines during the year 2023 (+19% vs FY22) and Slight Growth for the VoP (+2% vs FY22) • Strong Drop in Orders for Semiconductors (-25% vs FY22) and Electronics and Laser Solutions (-56% vs FY22) c
Slide 21: Main Consolidated Results FY23
Main Consolidated Results FY23 Production value 43.57 mln Euro of group as of 31 december 2023 42.51 mln Euro at FY22 Revenues 37.72 mln Euro of group as of 31 december 2023 31.65 mln Euro at FY22 EBITDA / EBITDA% (1.67) mln Euro / (3,84)% of group as of 31 december 2023 3.92 mln Euro / 9,22% at FY2
Slide 22: Consolidated Income Statement
Consolidated Income Statement (Euro/000) Dec 31, 2023 Dec 31, 2022 ▵ TOTAL SALES 37.724 31.646 6.078 Change in finished goods and W.I.P. stock 2.055 7.793 (5.738) Other operating revenues 3.787 3.070 717 VALUE OF PRODUCTION 43.566 42.509 1.057 Product cost (raw materials and outsourcing) (20.565) (1
Slide 23: Consolidated Financial Statements
Consolidated Financial Statements ASSETS LIABILITIES (Euro/1000) December 31, 2023 December 31, 2022 ▵ (Euro/1000) December 31, 2023 December 31, 2022 ▵ SHAREHOLDERS EQUITY Share capital 1.613 1.613 0 ASSETS Share premium reserve 8.681 8.677 4 NON-CURRENT ASSETS Legal reserve 299 257 42 Property, pl
Slide 24: Key Figures by Division
SERVICE Key Figures by Division 31/12/2023 3.756 AUTOMATION 0% 8.373 CIRCULAR ECONOMY 10% 1.134 CIRCULAR AUTOMATION ECONOMY 22% 10.891 3% SEMICONDUCTORS 60 REVENUES 16.745 15% by Division ELETTRONICS & LASER 25% VALUE OF 38% FY23 7.931 7% PRODUCTION 47% 37.7 Mln 21% by Division 17% OTHERS FY23 SEMIC
Slide 25: Orders & Backlog
16.8 Orders & Backlog 15.4 12.7 Orders - (€m) 12.5 10.7 9.7 9.3 8.1 7.2 6 6 5.2 Orders by Quarter 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2021 2022 2023 Commercial Backlog CIRCULAR ECONOMY Operative Backlog 44.8 SERVICE 1.298 37.5 37.3 3.663 36.9 3% SEMICONDUCTORS 31.6 ELETTRONICS & 10% 16.452 LASER 21.
Slide 26: Operative Profit & Loss by Division
Operative Profit & Loss by Division 31/12/2023 Total Sales Operative Value of MOL 3rd Level (2) MOL 3rd Margin (Euro/000) Production (1) (Euro/000) % (Euro/000) AUTOMATION 22% 8.373 10.891 1.258 12 ELECTRONICS & LASER 21% 7.931 6.865 1.340 20 SEMICONDUCTORS 47% 17.604 16.745 4.526 27 10% SERVICE 3.7
Slide 27: R&D FY23
R&D FY23 R&D FY23 3.62 Mln Capitalized costs 2.734 KEuro Capitalized costs 2.73 mln Euro R&D Bonus amount 274 KEuro European Grants 614 KEuro Semiconductor Test Handling SEMICONDUCTORS - New processes or applications for MEMS stimulation and test systems for the semiconductor market Silicon Carbide
Slide 28: FY23 People in STAFF
FY23 People in STAFF Staff LOGISTIC WAREHOUSE The Group has heavily invested OTHER IN STAFF & POURCHASING 47IN in human resources in the 13 OUT R&D DEPARTMENT last decade 36 27 SALES & MARKETING 6 250 OUR STAFF 11 FY23 216 250 people 201 34 178 185 SOFTWARE 71 +34 people DEVELOPMENT 151 DESIGN 70% f
Slide 29: Net Financial Position
Operative NFP – without IFRS16 Net Financial Position (€m) - NFP euro INTERNAL CAPITALISATION -5.000 NFP at 31/12/2022 (16.004) NFP at 31/12/22 INVESTMENT (CAPEX) EBITDA (1.671) -10.000 Internal capitalisations (2.734) EBITDA PROVISION FOR SEVERANCE PAY Investment (CAPEX) (8.816) TAXES AND FINANCIAL
Slide 30: NFP (€m)
NFP (€m) Activities Description 20.000 10.000 CASH - DEBTS (10.000) NFP (20.000) (30.000) 2 (40.000) 02 _2 ar m (50.000) S IA 19 20 21 9 19 0 20 1 AS S 9 0 1 S S S AS S S 21 IA IA IA IA 01 02 02 01 02 02 IA IA 20 20 20 20 20 2I 20 3I 22 2 3 23 _2 _2 _2 _2 _2 _2 23 22 n_ n_ n_ 02 02 02 02 ar ar ar 20
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 32.000 30.000.000 Operative Backlog Value of production to be realized on Orders 25.000.000 20.000.000 18.000 15.000.000 14.000 Value of activities
Slide 32: Osai Next Products
Osai Next Products ‘SQCIETA BENERTT
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: WEEE
RE4M Processing stages 800 kg/day of detached and WEEE ground components 12 2.000 1.200 Millions of tonnes kg/day of PCB kg/day of boards without High concentration in Europe chopped components of precious metals (gold, silver, copper and palladium) pag. 35
Slide 36: RE4M Processing stages
RE4M Processing stages MODULE 1 PCB loading from bulk 2 - separation/ detachment thermo-mechanical component MODULE 2 Thermomechanical separation/detachment of components Output Output 6 - Shredding PCB Mix of detached PCB 7 - Mechanical components separation of Cu MODULE 3 OPTIONAL MODULE 6 OPTIONA
Slide 37: The new recycling era!
Automation is a vehicle for… the new recycling era! pag. 37
Slide 38: Worldwide Exhibitions 2023
Worldwide Exhibitions 2023 pag. 38
Slide 39: 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. 39
Slide 40: 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 66.83.11 www.osai-as.com - info@osai-as.it