Revasum — Investor Presentation (May 2019)
22 slides from Revasum's investor presentation, May 2019
Slide 1: Revasum, Inc. (ASX: RVS) Investor Presentation May 2019
Revasum, Inc. (ASX: RVS) Investor Presentation May 2019 Jerry Cutini, CEO Ryan Benton, CFO ir@revasum.com www.revasum.com
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Revasum, Inc. (ARBN: 629 268 533) (Revasum) and is for information purposes only. Each recipient of this presentation is deemed to have agreed to accept the qualifications, limitations and disclaimers set out below. The information provided in this d
Slide 3: Revasum Overview (ASX: RVS)
Revasum Overview (ASX: RVS) 2018 US$27.3 million Sales by Year A$96.45 million A$1.26 Market Cap Stock Price 2017 US$12.5 million 16.9% 76,546,178 Management Ownership Shares on Issue of Fully-Diluted Share and Shareholder data as of 9 May 2019 3
Slide 4: Who is Revasum?
SYSTEM SALES $625,000 Who is Revasum? AVERAGE PRICE: 35 Systems shipped in 2018 Revasum is a leading designer and manufacturer of equipment essential to the production of semiconductor devices ubiquitous in everyday life such as IoT, automotive, wearables, telecommunications and industrial applicati
Slide 5: Revasum's equipment is at the beginning of the technology we use every day
Revasum’s equipment is at the beginning of the technology we use every day Many of the world’s best known products start with Revasum equipment Revasum sells their manufacturing equipment to microchip fabs The microchip fabs use Revasum equipment to make the substrates for devices used in automobile
Slide 6: Market Opportunities and Highlights
MARKET OPPORTUNITIES AND HIGHLIGHTS 6
Slide 7: Semiconductor Devices in Autos by Application
Semiconductor Devices in Autos by Application AUTOMOTIVE $70 600 Automotive semiconductor revenue As the automotive industry Total Semiconductors by Cars 500 $60 moves towards “Zero Emissions” transportation, manufacturers are rapidly (Billions of US $) 400 $50 ramping up their 300 $40 electrificati
Slide 8: 5G Semiconductor Device Market Forecast
5G Semiconductor Device Market Forecast $225 5G $151 The adoption of 5G is expected to be driven by end use adoption of devices requiring faster processing speed and lower latency. By 2025 there are expected to be ~1.2 $3 billion 5G connections globally; accounting for 14% of all mobile connections.
Slide 9: Global Silicon Carbide Device Market Size: $16 billion by 2032
Global Silicon Carbide Device Market Size Growing Fast The global silicon carbide market size is expected to reach USD $16 billion by 2032 9 9
Slide 10: SiC Advantages
SiC Advantages 70% more efficient 2-3X faster switching speed Deliver 65% increase in Mohs Hardness Scale power density 12 30% fewer components 10 *vs. Silicon 8 6 4 2 0 GaAs Si SiC Diamond 10
Slide 11: SiC Driving EV Infrastructure with Higher Power Density and Switching Efficiency
AUTOMOTIVE SiC Driving EV Infrastructure with Higher Power Density and Switching Efficiency As electric vehicles (EVs) have penetrated lithium battery markets, key electrochemical properties have imposed more challenging standards; while higher energy densities are desired for increased driving mile
Slide 12: SiC for 5G is about Reducing Size and Increasing Power
Current LTE networks cannot 5G transmit and receive signals at the same time on the same channel, using SiC solves this. 1. SiC for 5G is about Reducing Using SiC in today’s LTE networks we can deploy small cells in the Size and Increasing Power places where otherwise not possible due to missing bac
Slide 13: Even Modest EV Adoption Drives Massive SiC Equipment Demand
Even Modest EV Adoption Drives What does SiC Massive SiC Equipment Demand Mean for Revasum? $16B 140 120 Vehicles Produced in Millions total SiC grinding and polishing 100 equipment market of $565m 80 $8B 60 ** $3B 40 over the next 5 years 20 **Company estimate 0 2017 2022 2027 2032 Total Vehicles E
Slide 14: Revasum Develops and Manufactures SiC Grinders and Polishers
Revasum Develops and Manufactures SiC Grinders and Polishers Revasum grinders are designed SiC GRINDER to provide high reliability and SiC POLISHERS consistent performance at a low cost of ownership Revasum device-proven polishing equipment is ideal for a broad range of applications Market Advantage
Slide 15: Processing 6" SiC Wafers is Difficult: Revasum Has the Solution
Processing 6” SiC Wafers is Difficult Traditional Batch Process This process sequence involves numerous separate process tools and is fraught with issues including manual loading and unloading of wafers, the requirement for wafer sorting to group wafers by thickness, damage induced by the loose lapp
Slide 16: Traditional Batch: A dirty, manual process
Traditional Batch A dirty, manual process Manual load and unload from each batch step increases scrap (wet wafers are slippery and break easily!) Wafers sit in slurry and debris while being unloaded by hand Dried slurry is like dried cement – tough to remove 16
Slide 17: Revasum Single Wafer: A Clean Automated Process
Revasum Single Wafer A Clean Automated Process Fully automated, cassette-to-cassette Integrating cleaning prevents slurry and debris handling. Single and two-sided processing from drying on the surface of the wafer. requires minimal labor. 17
Slide 18: Revasum is the Clear Choice for SiC Device Processing
Revasum is the Clear Choice for SiC Device Processing Revasum’s Single Wafer Batch Wafer Processing Processing SiC Substrates SiC Substrates Most SiC is produced on 4” wafers. To meet market Higher Throughput demands fabs are Better wafer-to-wafer switching to 6” and even consistency 8” wafers. Impr
Slide 19: Financial Performance and Investment Highlights
FINANCIAL PERFORMANCE AND INVESTMENT HIGHLIGHTS 19
Slide 20: 2018 Financial Highlights / 1H19 Outlook
1H19 Revenue 2018 Financial Highlights / 1H19 Outlook Guidance lowered April 1H19 Current 2019 due to revised (USD in millions) FY18 Actual IPO FY18* IPO 1H19* Guidance delivery and production $27.3M $27.5M $20.5M $15M - $16.5M schedule and booking Revenue forecast. Gross Profit $10.2M $10.0M $8.6M
Slide 21: Investment Highlights / Outlook
INVESTMENT HIGHLIGHTS / OUTLOOK • Capitalizing on strong growth in demand for end-use products driven by the Automotive, IoT, & 5G markets. • New Product development of SiC-focused Polisher tracking to be delivered on-time and on-budget in 2H19. • Strategically focused on the wafer substrate and dev
Slide 22: Revasum, Inc. (ASX: RVS)
Revasum, Inc. (ASX: RVS) Investor Presentation May 2019 Jerry Cutini, CEO Ryan Benton, CFO ir@revasum.com www.revasum.com