Carmanah Technologies Corporation
Carmanah Technologies — Investor Presentation (August 2012)
25 slides from Carmanah Technologies's investor presentation, August 2012
Slide 1: Carmanah Technologies Corporation
Carmanah Technologies Corporation July / August 2012
Slide 2: Forward-Looking Statements and Information
Forward-Looking Statements and Information This presentation contains “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking statements”). Forward-looking statements are generally identifiable by use of the words
Slide 3: Diversified & Global Company
Diversified & Global Company Carmanah Technologies Corp. (TSX: CMH) Lighting Signaling Power Systems 20% 50% 30% Established 75 110 Countries 2011 Revenue in 1996 Employees Worldwide $36.7mm Underpinned with solar-based technologies 3
Slide 4: Revenue Trend
Revenue Trend* $40 CAGR - 8.4% $35 $30 $25 Mobile Grid Tie Traffic Millions $20 Marine $15 Aviation Outdoor Lighting $10 $5 $0 2007 2008 2009 2010 2011 *Neutralized for divested businesses © 2012 Carmanah Technologies Corp. 4
Slide 5: What's new
What’s new 1. Appointment of Bruce Cousins as CEO, Oct/2011 • EVP - Aspreva Pharma (NASDAQ) • Executive - Johnson & Johnson (NYSE) 2. Renewed focus to all market segments, with clear expectation of growth • Appointed vertical market leaders & dedicated sales/marketing teams • Market specific product
Slide 6: What's new cont'd
What’s new cont’d 3. Modified strategies in each market • Outdoor Lighting - shift focus outside of North America • Aviation – total airfield solutions • Marine – total marine solutions • Traffic – re-vitalize business & product portfolio • Grid-tie – engineering, procurement & construction (“EPC”)
Slide 7: Carmanah's Strengths
Carmanah’s Strengths • Our people • 20% of employees hold engineering degrees • 30% of employees professional designations (CGA, CA, P.Eng., PMP, NABCEP, LEED, and PMAC certifications) • Our IP - 16 Patents • Significant and growing product offering • Marine: M650 GPS launched April 2012 • Outdoor L
Slide 8: Carmanah's Strengths: Scalable & positioned for growth
Carmanah’s Strengths • Strong brand recognition • Innovative & Reliable • Durability & High Performance • Global channel access in targeted markets • 285+ distributors worldwide • Strategic partnerships with ADB and Sabik Oy • Scalable supply chain • Flextronics, Houston Texas & Mexico Scalable & po
Slide 9: Carmanah Leadership Team
Carmanah Leadership Team Bruce Cousins, CEO 1 year with Carmanah; over 22 years senior executive experience in the pharmaceutical, technology and renewable energy industries. Roland Sartorius, CFO 5 years with Carmanah; over 25 years’ experience as a CFO in private equity and with several European &
Slide 10: Carmanah's Customers
e Carmanah’s Customers & carmanah’ aD | ©ROYAL LOCKHEED MARTIN = A, 10
Slide 11: Outdoor Lighting
Outdoor Lighting Overview Carmanah is a leading manufacturer of solar LED lighting systems engineered for outdoor off-grid lighting applications. Our systems deliver specifier-grade performance and feature advanced occupancy sensing technology, making them ideal for street, parking lot and pathway l
Slide 12: Aviation
Aviation Overview From approach lights to apron lighting, the aviation product line offers a full range of solar and solar-hybrid aviation lighting solutions to fill every aviation need. Strengths Key Milestones for 2012 • Total Airfield Lighting Solution • Install full airfield lighting system • Sa
Slide 13: Marine
Marine Overview Trusted by coast guards and port authorities around the world, Carmanah/Sabik offers a full range of marine lighting solutions, from a self-contained one nautical mile buoy lantern to an eighteen nautical mile range light. Strengths Key Milestones for 2012 • Combined range of Carmana
Slide 14: Traffic
Traffic Overview Designed to install quickly, easily and cost-effectively, Carmanah solar LED flashing beacons are a fast, effective safety improvement for crosswalks, school zones, and warning signs, and are built to withstand tough environmental conditions and deliver years of field-proven perform
Slide 15: Grid-Tie Power Systems
Grid-Tie Power Systems Overview Since 2001, Carmanah has been Canada’s leader in grid-tied photovoltaics (PV) and has developed one of the most trusted names in the solar industry as a design-build / EPC contractor. We specialize in professionally engineered solutions for grid-tie rooftop solar PV s
Slide 16: Go Power!
Go Power! Overview Go Power! by Carmanah Technologies is North America’s leader in mobile power solutions. Built for the hard demands of RV, utility, and fleet vehicles, as well as marine applications, Go Power!’s complete line of solar chargers, inverters, regulators and power accessories deliver e
Slide 17: Diversified & Global Company
Diversified & Global Company 17
Slide 18: Product Development
Product Development • Technology arbitrage play No applied research in any specific technology, looking at integration of various emerging technologies to better satisfy customer needs. • Technology innovations helping our cause: • LED performance standards • Battery technologies • Software & commun
Slide 19: Profit & Loss Statement
Profit & Loss Statement 2012 2011 Variance Q1 Q1 $ General Illumination 776 1,521 (745) Aviation/Obstruction 945 1,394 (449) Marine 1,449 1,637 (188) Traffic 540 844 (304) Grid-Tie Systems 54 2,485 (2,431) Mobile Systems 1,593 1,671 (78) Total revenue 5,357 9,552 (4,195) Cost of sales (3,364) (6,456
Slide 20: Balance Sheet
Balance Sheet March 31, 2012 Dec 31, 2011 Variance Cash and cash equivalents 4,330 4,934 (604) Accounts receivable, net 3,927 5,253 (1,326) Inventories 2,209 2,052 157 Prepaid expenses and deposits 464 392 72 Total current assets 10,930 12,631 (1,701) Equipment and leasehold improvements, net 1,367
Slide 21: Summary of Analyst Coverage
Summary of Analyst Coverage (Source: www.yahoo.ca – July 2012) Recommendation trends Current 3 Mo ago Recommendation Summary Strong Buy 3 3 Mean Recommendations (this week) 1.3 Buy 1 1 Mean Recommendations (last week) 1.3 Hold 0 0 Change 0 Underperform 0 0 (Strong buy) 1.0 - 5.0 (Sell) Sell 0 0 Anal
Slide 22: Private Placement
Private Placement Term Sheet Private Placement of Common Shares Issuer: Carmanah Technologies Corporation. (“Carmanah” or the “Company”). Offering: Private Placement of common shares (the “Offering”). Size of the Offering: Minimum: No minimum Maximum: Up CDN $4,000,000 in Common Shares of the Compan
Slide 23: Recent business highlights
Recent business highlights A sample of recent announcements within each of the verticals include: • June 28, 2012 - Signed estimated $10.0 million non-binding letter of agreement for the procurement, commissioning and installation of Marine aids to navigation (including buoys and fixed aids) within
Slide 24: Looking forward
Looking forward • Financial goals • Double digit revenue growth, maintain or improve margin • Leverage infrastructure for margin improvement • Positive EBITDA & cash flow from operations • Emphasis in all market segments for growth • Organic double digit revenue growth • Continuous & rapid new produ
Slide 25: Thank You
Thank You © 2012 Carmanah Technologies Corp. 25
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