Nx Filtration N.v. · EURONEXT:NXFIL
Nx Filtration — FY2024 Earnings Presentation
17 slides from Nx Filtration's earnings presentation, Feb 10, 2025
Slide 1: 2024 results Webcast
2024 results Webcast 10 February 2025 1
Slide 2: Highlights 2024, Strategic progress, Financials and outlook
1 Highlights 2024 2 Strategic progress 3 Financials and outlook 2
Slide 3: Key highlights
Key highlights o Total revenues1 of €11.1 million, a growth of 38% from 2023 o Largest order to date for the world’s largest hollow fiber nanofiltration water treatment plant in Mexico Financials with a capacity of 17 million liters per day and o Gross margin of 61.0% (59.6% in 2023) remains strong,
Slide 4: Topline developments
Topline developments Total revenues (€ ‘000) o Clean Municipal Water: 43% y-o-y growth: +38% – Strong step-up in project sizes (amongst others our largest order to date in Mexico), onboarding of new OEMs in Asia, 11,084 and continued strong progress with several key OEMs in 999 Other income Europe (
Slide 5: Established global footprint
Established global footprint 2024 revenue of sale of goods by region RoW 10% Americas 20% 47% Europe 23% Asia Commercial roll-out of hollow fiber nanofiltration (HFNF) in 2024 207 pilot 14 full-scale 6 replacement projects projects projects (of which 7 repeat projects) Stabilizing Increasing size of
Slide 6: We are now B Corp certified
We are now B Corp certified, a clear testimony to our commitment to a sustainable and socially responsible organization… Strong ESG governance already in place… …further strengthened with B Corp certification in 2024 6
Slide 7: Further underpinning the measurable impact across our ESG framework
…further underpinning the measurable impact across our ESG framework o Our 2024 membrane module sales could enable the production of 457 billion liter of clean water Clean water for o In 2024, NX Filtration enabled the production of clean water across 38 countries all o Obtained ACS certification fo
Slide 8: Strategic progress
1 Key highlights 2024 2 Strategic progress 3 Financials and outlook 8
Slide 9: Water scarcity and water quality remain key drivers for market development
Water scarcity and water quality remain key drivers for positive market development for direct nanofiltration in 2025 and beyond New EU rules to improve UN calls attention to water urban wastewater treatment management and climate and reuse goals Wider reuse of treated urban Sustainable management o
Slide 10: Our pilot program continues to be successful
Our pilot program continues to be successful, responding to increasing market opportunities Number of pilot projects started Fleet of pilot systems (per end of year) 190 190 209 207 Mexplorer pilot systems 162 Mexpert pilot systems1) 167 101 101 86 85 87 54 76 89 89 27 18 12 31 6 2020 2021 2022 2023
Slide 11: Successfully started up new factory
Successfully started up new factory o Successfully started-up our new large-scale factory according to schedule and within the anticipated Capex budget o ESG mindset embedded in new factory design − In-house water treatment − >1,350 rooftop solar panels − Heat energy management and reuse system − He
Slide 12: Financials and outlook
1 Key highlights 2024 2 Strategic progress 3 Financials and outlook 12
Slide 13: Summary P&L
Summary P&L In € ‘000 2023 2024 o Total revenues of €11.1 million, a growth of 38% from 2023, driven by the successful conversion of Total revenues1) 8,053 11,084 pilots into large full-scale projects, repeat projects with existing clients, and successful onboarding of Clean Municipal Water 2,613 3,
Slide 14: Balance sheet
Balance sheet In € ‘000 31 Dec 2023 31 Dec 2024 o Capex amounted to €25.9m (€43.9m in 2023) and mostly relates to the construction of our new factory, which was Non-current assets 61,991 79,295 completed in 2024. Additionally, NX Filtration capitalized €1.1m of development costs which demonstrates o
Slide 15: Key priorities and outlook
Key priorities and outlook o Sustaining and accelerating adoption of our technology through our commercial roll-out strategy remains top priority o Over the years we have obtained valuable insights from the deployment of our fleet of pilot systems, such Commercial as sweet spot product-market combin
Slide 16: Disclaimer
Disclaimer IMPORTANT: The information set out herein (the Information) does not constitute or form part of, and should not be construed as an offer or the solicitation of an offer to subscribe for or purchase securities of NX Filtration. NX Filtration does not accept any responsibility whatsoever, o
Slide 17: filtration
OO Nx filtration