Vmoto Limited · ASX:VMT
Vmoto — Non-Deal Roadshow (September 2012)
26 slides from Vmoto's roadshow presentation, Sep 24, 2012
Slide 1: Vmoto AIM Listing Presentation
VMOTO AIM LISTING PRESENTATION ANNOUNCEMENT 24 SEPTEMBER 2012 For personal use only Vmoto Limited (“Vmoto” or “the Company”) provides its Corporate Presentation to be used as part of its UK roadshow pursuant to its previously stated intentions to list on AIM in Q4 2012. Contact: Charles Chen Managin
Slide 2: Vmoto Limited Corporate Presentation September 2012
For personal use only Vmoto Limited Corporate Presentation September 2012 1
Slide 3: Disclaimer
Disclaimer IMPORTANT NOTICE For personal use only The information contained in these slides and to be communicated during the presentation of these slides, including the talks given by the presenters, any question and answer session and any documents or other materials distributed at or in connectio
Slide 4: Company Overview
Company Overview • Global manufacturer, specialising in electric powered scooters - Chic European design coupled with low cost Chinese manufacturing For personal use only - Operating in burgeoning global market - Incorporates European focussed E-Max brand • Head office in Perth, Australia – Listed o
Slide 5: The Electric Scooter Market
The Electric Scooter Market For personal use only • One of the biggest growing markets over the coming years in the motorcycle industry • International incentives and directives to reduce global emissions • Battery technology is improving giving better range, recharging ability and affordability • L
Slide 6: The Vmoto Product
The Vmoto Product Chic European Design For personal use only Average charging High power time of 3-5 hours (80km/h) Model: 120LD Long battery life Long range (up to 1,000 (up to 140km) recharges) Low running cost Zero emission (5.7kwh for 100km – €1.14) 5
Slide 7: Production and Capacity
Production and Capacity For personal use only • Directors estimate production capacity of 150,000 – 300,000 scooters per annum (depending on model) post stage two fit out • Current production is ~5,000 scooters with annual breakeven figure of 8,200 units per year • Recent significant client win - OE
Slide 8: Chinese Manufacturing Facility
Chinese Manufacturing Facility For personal use only • Located in Lishui, Nanjing, Jiangsu, China – a special economic and industrial zone for manufacture of small vehicles • Operates under its own manufacturing license • Stage 1 and 2 comprise over 30,000 square meters of usable factory space, rece
Slide 9: European Operations
European Operations For personal use only • After Sales Service and Marketing centre for Europe based in Barcelona, Spain • Service Vmoto’s key customers in Europe • Provide spare parts and technical support in a timely and efficient manner • Participate in prestigious exhibitions such as EICMA, Int
Slide 10: Financial Commentary
Financial Commentary • Cash For personal use only - Cash at Bank as at 30 June 2012 was AU$1.2m • Margins - In 2011, the Company concentrated on its own manufactured products including electric scooters - Electric scooters gross margins are 8% (PowerEagle) – 36% - Strategic decision to focus on elec
Slide 11: Conclusion
Conclusion For personal use only • True challenger in a burgeoning market with varied product range • Significant manufacturing facilities and licences in China, global distribution network and proprietary technology • Existing operational infrastructure in key jurisdictions • Global customer and di
Slide 12: Appendices
For personal use only Appendices 11
Slide 13: Directors and Senior Management
Directors and Senior Management • Charles Chen – Managing Director (China) For personal use only - Ex-Honda Sundiro Management, 18 years’ experience in motor scooter business - Responsible for day to day business operations in China • Jacky Chen – Non-executive Director (China) - 25 years’ experienc
Slide 14: Corporate Structure
Corporate Structure For personal use only • Corporate structure as at 21 September 2012 - 775m shares on issue* - 24.7m options on issue (exercisable between 2.5c and 20c) - 135 listed options (4c, expiry 31/12/14)** - Market Capitalisation: ~AU$12.8m - 12 month price range: 1.1c – 4.0c * includes u
Slide 15: Financial Information
Financial Information For personal use only Summary of consolidated profit & loss Year ended Year ended 30 Summary of consolidated balance 30 June 2012 30 June 2011 30 June 2012 June 2011 sheet AU$ AU$ AU$ AU$ CURRENT ASSETS Cash and cash equivalents 1,231,258 701,599 Revenue from sale of goods 8,24
Slide 16: Vmoto's Market Position
For personal use only Vmoto’s Market Position • Recent study by Pike Research “Pike Pulse Report: Electric Motorcycles and Scooters” published in 1Q 2012 ranks Vmoto as a Top 5 performer globally in the electric motorcycle and scooter industry. • Report validates the market position of Vmoto and as
Slide 17: Electric Market Forecasts
Electric Market Forecasts For personal use only 16
Slide 18: Global presence
For personal use only Global presence 17
Slide 19: Vmoto Key Customers
Vmoto Key Customers Name Description A prestigious EV company (US) Founded in 1996 and based in Rhode Island, United States. Vmoto OEM this company’s electric scooters for worldwide distribution. For personal use only E.On (Czech Republic & Sweden) A global top 500 company and has more than 85,000 e
Slide 20: Typical sales progression and manufacturing timeline
Typical sales progression and manufacturing timeline For personal use only Description of activity Production, First shipment container and balance order and of payment Scooters local compliance (sometimes deposit from Payments Samples delivery to customer Sign up to six months) from customer Factor
Slide 21: Vmoto Products - "S" Models Electric Scooters
Vmoto Products - “S” Models Electric Scooters For personal use only 21
Slide 22: Vmoto Products - "L" Models Electric Scooters
Vmoto Products – “L” Models Electric Scooters For personal use only 22
Slide 23: Vmoto Products - 120SD Main Features
Vmoto Products – 120SD Main Features For personal use only European Design Water-proof LCD speedometer 100L Reverse Function Brushless DC Motor 3 mode shifts Battery pack (4 pieces) Two side stands 24
Slide 24: Vmoto Products - 80L Main Features
For personal use only Vmoto Products – 80L Main Features European Design Water-proof LCD speedometer LED Lights Alum. Frame Moveable battery pack 25
Slide 25: Batteries and charging
Batteries and charging • Currently silicone & lithium battery packs used For personal use only – Modular design – High energy density – Intelligent cooling system • Moveable battery packs • On board chargers and smart chargers • Average range – 45km to 130km • Average charging time – 3 to 5 hours •
Slide 26: Questions?
For personal use only Questions? 25