OSAI Automation System SpA · MIL:OSA
OSAI Automation System SpA — Osai A.S. — Investor Presentation (September 2021)
30 slides from OSAI Automation System SpA's investor presentation, Sep 27, 2021
Slide 1: Company Presentation 1H2021 Osai A.S. S.p.A.
Company Presentation 1H2021 Osai A.S. S.p.A. Parella (TO), 27 settembre 2021
Slide 2: Agenda
Agenda Disclaimer pag. 3 Company Overview pag. 5 Overview 1H21 pag. 16
Slide 3: Disclaimer
Disclaimer
Slide 4: Disclaimer
You must read the following before continuing Disclaimer This presentation (the “presentation”) has been prepared by osai a.S. S.P.A. (The “company”) for information purposes only, and contains only summary information. Furthermore, it has been drafted without claiming to be exhaustive. The informat
Slide 5: Company Overview
Company Overview
Slide 6: Management
Management MIRELLA FERRERO FABIO BENETTI CARLO FRIGATO STEFANO GIORZA GRAZIANO SETTIME SIMONE FERRARO MARCO GUOLO EXECUTIVE CHAIR CEO CFO VP OPERATIONS VP BUSINESS DEVELOPMENT SALES MANAGER CTO 1992 - date: Co-Founder, 2016 - date: Osai A.S. HR Oct2020: Osai A.S.’s 2020 - date: Vice President 2016 -
Slide 7: Current Group and Shareholding Structure
Current Group and Shareholding Structure 51,89% 48,11% pag. 7
Slide 8: A Success Story
A Success Story 2015 Oct 2015 Start of the ADIR Upon the untimely 1994 project for the death of the 2018 1991 Introduction of recovery of founder, his sister First burn-in Osai founded laser technology precious metals - Mirella takes over system delivered 2019 by Carlo and subsequent Nov 2009 circul
Slide 9: Business Overview: Introduction
Business Overview: Introduction 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. The company has more than 190 employees, highly qualified in the following sectors: - R&D - Project management - Sales engin
Slide 10: Turnover
Turnover Business Overview: Introduction Ebitda Margin § Consistent double digit revenue growth (CAGR 2007-2020: +12.7%). § In 2020, the Semiconductors (51%) and Automation (30%) divisions achieved 81% of company turnover, of a total 31.9 €m. § There was an increase of 98% compared to 2019 for the L
Slide 11: Revenues 2020
Revenues 2020 Business Overview: Introduction Africa After Sales 0.01 Mil. euro Electronics Asia Euro Zone 9.97 Mil. euro 11.46 Mil. euro Automation Applied Lasers Reveneus in 30 COUNTRIES by Division 32 Mil. euro Rest of Europe America 2.83 Mil. euro 7.67 Mil. euro Export Semiconductors 83% pag. 11
Slide 12: People: Osai's most important asset
The Group has heavily invested in human People: Osai’s most important asset resources in the last decade 184 178 35,3 Purchasing ,3% & Logistic 0 +11 30,6 151 0-202 Warehouse Other in Staff 31,9 201 CAGR 28,6 es 140 R&D Depart. nu Reve 123 23,1 105 Sales & 19,0 Marketing 17,4 78 80 75 14,4 14,0 10.9
Slide 13: Divisions FY2020
Divisions FY2020 AUTOMATION Automatic assembly lines and systems for small and (30% of rev.) medium-sized components with high strategic value, made as per specific customer needs through the development of ad hoc solutions. ELECTRONICS AFTER SALES A wide catalogue of solutions that allow operations
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: order ranges, competitors and market CAGR
Products Divisions AUTOMATION ELECTRONICS SEMICONDUCTOR INDUSTRIAL LASER Order range 500K – 4M 70K – 300K 500K – 1.2M 200K – 700K Delivery time 6 – 18 months 3 – 9 months 3 – 12 months 3 – 9 months Competitors Advanced Medical Green mobility TLC Home Jewellery and Green Energy IoT %CAGR mobility App
Slide 16: Overview 1H21
Overview 1H21
Slide 17: Update 1H2021
Update 1H2021 • The pandemic negatively impacted the results of the first half of 2021 but with a marked improvement in the second quarter; • Delivery times is effected by the shortage of some electronics components and raw materials; • Orders 1H2021 (16,7M) at the same level of pre Covid period H1
Slide 18: Operative Profit & Loss 1H2021 vs 1H2020
Operative Profit & Loss 1H2021 vs 1H2020 2021 2020 30-06-2021 30-06-2020 Milioni di Euro ∆ % CONSOLIDATO CONSOLIDATO RICAVI DA VENDITE E SERVIZI 12.689 11.119 1.570 14,12% Variazioni WIP (619) 2.702 (3.321) Altri Ricavi 1.897 1.265 632 VALORE DELLA PRODUZIONE 13.967 15.086 (1.119) -7,42% COSTI DI PR
Slide 19: Orders & Backlog Forecast
Orders & Backlog Orders - (€m) Forecast Orders by Quarter 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 2019 2020 2021 Forecast Forecast 31/12/19 31/12/20 30/06/21 30/09/21 31/12/19 31/12/20 30/06/21 30/09/21 BackLog Orders pag. 19
Slide 20: Revenues & Orders for division 30/06/21
Revenues & Orders for division 30/06/21 SERVICE 1.306 ELECTRONICS 1.806 LASER 10% 472 14% 4% Revenues 1H21 SERVICE ELECTRONICS 1.606 12.7 Mil. euro 27% AUTOMATION 3.390 1.148 10% 7% AUTOMATION 45% 3.104 SEMICONDUCTOR 5.715 19% Orders 1H21 16.7 Mil. euro Export 90% SEMICONDUCTOR 64% 10.833 pag. 20
Slide 21: Staff 30/06/21
STAFF 30/06/21 Staff Logistic Warehouse & Purchasing Other Production +3 R&D in Staff Depart. Other Sectors +3 Sales & Marketing 183 +6 People Software 190 Dev. OUR STAFF Design Total: 11 In 30/06/21 5 Out Units Finance & Administration 30/06/20 31/12/20 30/06/21 After Sales Assembly pag. 21
Slide 22: BS 2018-2020A
BS 2018-2020A NWC (€m) Capital Structure (€m) NWC(1) % of Rev. 42% 44% 48% ROI 15.6% 13.4% 4,8% 17,27 NFP/Equity 2.55x 2.54x 0.86x 14,33 17,08 18,83 27,04 Shareholder’s Equity 24,30 24,61 Accounts Receivable NFP 20,47 Inventories Accounts Payable Downpayments from clients 2018 2019 2020 H121 -1,46 (
Slide 23: NFP (€m) Net Financial Position
NFP (€m) Net Financial Position Increasement Decreasement Total 11.400 10.500 0 a nt t a s f2 02 Eb itd me en elt rge /21 o e tm al D ha /06 En d rea s ves pi t d c At 30 In c In Ca an it al r ki n g t axes ap Wo ls ar eC cia an Sh F in pag. 23
Slide 24: NFP (€m) Activities Description
NFP (€m) Activities Description Cash Debts NFP 2018 03/19 06/19 09/19 2019 03/20 06/20 09/20 2020 03/21 06/21 Project Material Procurement Assembly Pre-acceptance Delivery Installation Order Payment 2 months – 18 months pag. 24
Slide 25: Capitalization and R&D
Capitalization and R&D 23% E-MOBILITY FACTORY Investment DEFLeCT Automation Handling for E-mobility mass production E-health 1H21 Internal Capit. 1.20 Mil. euro Laser process for medical market SIC 1.56 Mil. euro External Capit. 0.36 Mil. euro Additive Manufacturing Automated additive process “SILIC
Slide 26: Projects by division
Progetti per divisione Cross Divisions Semiconductor & 335.554 Euro Electronic Divisions 209.451 Euro 4CUSTHER P0025-EMF 1.260 P0023-SCA P0021-STH P0022-CEA milioni di Euro P0024-CEP DEFLeCT Circular Economy Laser Division 666.256 Euro 49.462 Euro pag. 26
Slide 27: Financial: Balance Sheet and Profit and Loss
BALANCE SHEET OSAI A.S. GROUP S.P.A. 30.06.2021 31.12.2020 ∆ % Financial ATTIVO A) Crediti verso associati per versamento quote 1.834 0 1.834 0 Euro/000 B) Immobilizzazioni PROFIT AND LOSS ACCOUNT OSAI A.S. GROUP S.P.A. 30.06.2021 30.06.2020 ∆ % I - Immobilizzazioni immateriali: 4.314 3.943 371 9,41
Slide 28: RE4M – Electronics waste recycling
RE4M – Electronics waste recycling 2. PRE-HEATING TREATMENT 3. HEATING TREATMENT 1. PCB FROM BULK 4. SELECTION SORTING OF COMPONENTS Potential target clients: 342 centers just in Europe pag. 28
Slide 29: Contacts
Contacts HEADQUARTER OSAI A.S. S.p.A. 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. 29
Slide 30: OSAI A.S. S.p.A. address and contact details
OSAI A.S. S.p.A. - Via Cartiera, 4 - 10010 Parella (TO) ITALY Phone: +39 0125 66.83.11 - Fax: +39 0125 66.83.01 www.osai-as.com - info@osai-as.it