Vivopower Plc · NASDAQ:VIVO
Vivopower — VivoPower International — FY2021 Earnings Presentation
16 slides from Vivopower's earnings presentation, Aug 23, 2021
Slide 1: Annual Results Presentation for the Year Ended June 30, 2021
ANNUAL RESULTS PRESENTATION FOR THE YEAR ENDED JUNE 30, 2021 August 23, 2021
Slide 2: Disclaimer
Disclaimer This presentation contains "forward-looking statements" relating to VivoPower International PLC (“VivoPower”) within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, estimates relating to our future energy development and investment activ
Slide 3: Executive Summary: COVID lockdowns impact results; transformational milestones delivered
Executive Summary | COVID lockdowns impact results; transformational milestones delivered Group revenues declined Revenues of $40.4m declined 16% (versus $48m for FY20) primarily driven by COVID-19 related lockdowns causing operational due to COVID lockdowns disruption and project deferrals in Aus
Slide 4: FY21 Overview: From HyperTurnaround to HyperScale mode
FY21 Overview | From HyperTurnaround to HyperScale mode Major milestones on the path to global SES leadership Binding LOI for EV conversion FY20 results: record partnership with annual revenues and Toyota Australia EBITDA turnaround Acquired Landmark remaining 49% of Tembo Nordic Tembo Acquisition o
Slide 5: FY2021 Key Objectives: Near flawless execution
FY2021 Key Objectives | Near flawless execution Key: Complete In Progress Win new EV + SES Scale up Aevitas Transform U.S. solar Grow Australian solar Optimize capital Maintain lean & customer orders business unit projects portfolio + battery pipeline management sustainable focus Deliver on schedule
Slide 6: Leadership, Board and Advisors
Leadership, Board and Advisors | Enhanced leadership bench and governance Leadership Team Kevin Chin Matthew Cahir Matt Davis Phil Lowbridge Adam Malcolm Jos van der Linden Gary Challinor James Tindal- James Howell- Executive Chairman President and Interim Managing Director, General Manager, Managin
Slide 7: Profit and Loss Summary for the Year Ended June 30, 2021
Profit and Loss Summary for the Year Ended June 30, 2021 Profit & Loss (US$m unless noted) 2021 2020 Notes Revenue Critical Power Services(1) 38.8 47.9 COVID-19 related lockdowns caused operational disruption and project delays in Australia Solar Development 0.2 0.1 Reflects proceeds from sale of so
Slide 8: Reconciliation of Adjusted (Underlying) EBITDA to IFRS Financial Measures
Reconciliation of Adjusted (Underlying) EBITDA to IFRS Financial Measures Non-IFRS Financial Measures (US$m) Year Ended June 30, 2021 Year Ended June 30, 2020 Net loss for the period (8.0) (5.1) Income tax (0.1) 0.7 Foreign exchange gains and losses (2.1) - Interest income and expense 2.5 3.2 Non-ca
Slide 9: Reconciliation of Adjusted (Underlying) Earning per Share to IFRS Financial Measures
Reconciliation of Adjusted (Underlying) Earning per Share to IFRS Financial Measures Non-IFRS Financial Measures (US$m unless noted) Year Ended June 30, 2021 Year Ended June 30, 2020 Net loss for the period (8.0) (5.1) Restructuring and other non-recurring costs 2.9 3.4 Adjusted (Underlying) net los
Slide 10: Balance Sheet Summary as at June 30, 2021
Balance Sheet Summary as at June 30, 2021 Balance Sheet (US$m) 2021 2020 Comments Project investments - 8.2 Transferred to intangible development costs on acquisition of controlling interest of U.S. solar portfolio $12.2m transferred fair value of U.S. solar portfolio consolidated capitalised develo
Slide 11: Critical Power Services (Aevitas): COVID lockdowns adversely impact revenue
Critical Power Services (Aevitas) | COVID lockdowns adversely impact revenue Business • Aevitas comprises the J.A. Martin and Kenshaw businesses FY21 REVENUE CONTRIBUTION BY CUSTOMER INDUSTRY overview • Headquartered at Newcastle in the Hunter Valley region, Australia’s leading regional economy and
Slide 12: Tembo: Significant progress ahead of schedule, including multiple distribution deals
Tembo | Significant progress ahead of schedule, including multiple distribution deals Business • Tembo is a Netherlands-based, specialist battery-electric and off- TEMBO IS EXPANDING RAPIDLY SINCE VIVOPOWER’S ACQUISITION overview road vehicle company that designs and builds ruggedized electric light
Slide 13: Sustainable Energy Solutions (SES): First projects underway with Tottenham Hotspur F.C.
Sustainable Energy Solutions (SES) | First projects underway with Tottenham Hotspur F.C. Business • VivoPower’s SES business designs and delivers customized SES PARTNERSHIP WITH TOTTENHAM HOTSPUR F.C. overview renewable energy and power infrastructure to industrial and commercial customers in hard-t
Slide 14: Vivo Solar: Full ownership of U.S. joint venture solar portfolio secured
Vivo Solar | Full ownership of U.S. joint venture solar portfolio secured for nominal sum Business U.S. • In the U.S., SOLAR PORTFOLIO VivoPower manages the development of grid-scale solar SUMMARY U.S. SOLAR SUMMARY overview projects with a focus on maximizing value portfolio-wide • In Australia, Vi
Slide 15: FY2022 Key Objectives: Accelerate execution across all growth vectors
FY2022 Key Objectives | Accelerate execution across all growth vectors Expand SES pipeline Grow Aevitas Deliver e-LV orders Advance e-LV product Cement partnerships Execute on corporate and delivery business unit to on schedule and on design, supply and with TMCA and global initiatives to support ca
Slide 16: Thank You
THANK YOU g g Ke) ’ VIVOPO' WER
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