Mynaric AG (MYNA) — Mynaric — FY2022 Earnings Presentation
16 slides from Mynaric AG (MYNA)'s earnings presentation, Apr 27, 2023
Slide 1: FY 2022 Preliminary Results & FY 2023 Outlook
FY 2022 Preliminary Results & FY 2023 Outlook April 27, 2023 1|
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation (and oral statements regarding the subjects of this presentation) include(s) forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical or current f
Slide 3: Agenda
Agenda 1. Opening Remarks 2. Operations Update 3. Preliminary Results 4. Outlook 5. Q&A 3|
Slide 4: Today's Presenters
Today’s Presenters Bulent Altan Mustafa Veziroglu Stefan Berndt-von Bülow Co-CEO Co-CEO CFO 4|
Slide 5: Opening Remarks
Opening Remarks • Continued growth and momentum on Key Business Metrics • Optical Communications Terminal Backlog • Cash-in from Customer Contracts • Continued operational excellence and product design improvements allowed us to achieve medium-term production capacity goal with existing installed re
Slide 6: Vision
Vision VISION Eliminating the barriers to connectivity PURPOSE Ensure secure and Closing the unrestricted flow of digital divide information MARKETS Government Commercial 6|
Slide 7: Strategy
Strategy Serial production Affordability • Focus on scalability • Cost reduction as core throughout product lifecycle activity • Establish production capacity • Pricing that allows large suited for proliferated deployments by customers networks Reliability & Simplicity Standardization • Continuous e
Slide 8: Operations and Product Development
Operations and Product Development PRODUCTION READINESS PROCESS IMPROVEMENT PRODUCT DEVELOPMENT PROCESS 8|
Slide 9: 2022 Key Performance Indicators
2022 Key Performance Indicators Optical Communications Terminal Backlog Cash-in from Customer Contracts (for 2022)* (as of December 31, 2022)** EUR in millions Units 20.0 300 18.3 256 250 15.0 200 10.0 150 100 5.0 3.9 50 40 0.0 0 2021 2022 2021 2022 * non-IFRS measure. Cash-in from customer contract
Slide 10: 2022 Key Income Statement Figures
2022 Key Income Statement Figures Revenue (1) Cost of Materials (1) Personnel Costs (1) EUR in millions EUR in millions EUR in millions 5.0 20.0 40.0 37.4 4.4 15.4 4.0 15.0 30.0 23.4 3.0 10.6 2.4 20.0 10.0 2.0 5.0 10.0 1.0 0.0 0.0 0.0 2021 2022 2021 2022 2021 2022 IFRS accounting standard with recom
Slide 11: 2022 Key Balance Sheet Figures
2022 Key Balance Sheet Figures Cash & Cash Equivalents (1) Inventories (1) Property, Plant and Equipment (1) EUR in millions EUR in millions EUR in millions 75.0 15.0 25.0 22.3 63.9 13.3 60.0 20.0 48.1 16.8 10.0 8.4 45.0 15.0 30.0 10.0 5.0 15.0 10.2 5.0 0.0 0.0 0.0 2021 2022 Current 2021 2022 IFRS a
Slide 12: Credit Agreement and Capital Raise
Credit Agreement and Capital Raise • EUR 80.6 million in total • $75 million 5-year term loan agreement • EUR 12.4 million equity issuance 12 |
Slide 13: 2023 Key Performance Indicators Outlook
2023 Key Performance Indicators Outlook Cash-in from Customer Contracts* Optical Communications Terminal Backlog** Units EUR in millions 500 30.0 375 20.0 250 348 10.0 18.8 18.3 125 256 0.0 0 2022 YTD 2023 2022 YTD 2023 Expect significant year-over-year increase in 2023 * non-IFRS measure. Cash-in f
Slide 14: Q&A Questions & Answers
Q&A Questions & Answers mynaric
Slide 15: More Information
More Information mynaric.com/investor-relations [email protected] 15 |
Slide 16: Thank you for your attention
mynaric.com THANK YOU FOR YOUR ATTENTION 16 |