Big Digital Energy, Inc. · NASDAQ:BGDE
Big Digital Energy — Mawson Infrastructure Group — FY2022 Earnings Presentation
17 slides from Big Digital Energy's earnings presentation, March 2023
Slide 1: FY2022 Investor Presentation
NASDAQ: MIGI March 2023 FY2022 Investor Presentation FY2022 Investor Presentation
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER not even anticipate and involve factors that may cause actual results to may also impair our business operations. In addition, our past financial Information contained herein is derived from various internal and differ materially from those projected or suggested. Readers are perfor
Slide 3: Mawson at a glance
Mawson maximises revenue through 3 different strategies. Mawson Mawson's flexible operational model allows us to adapt to market at a glance conditions to maximise returns. 1. Bitcoin Mining 2. Data Center Hosting 3. Energy Markets Program Mawson owns and operates Mawson enters into large Mawson's i
Slide 4: Headline Results
Headline Results FY2022 Financial Highlights Operational Highlights Strategic Highlights Δ (FY2021) $40M1 Entered a sale agreement for Revenue $84M +92% Sale of 80-Megawatt Sandersville, GA facility. Texas facility and assets post 31 December 2022 $8.5M $13.7M Energy Demand Response Gross Profit $37
Slide 5: FY2022 Summary
December 31, 2022 Balance Sheet 1 FY2022 Summary Δ 28.3 Cash and cash equivalents 0.9 5.5 -4.6 19.6 19.4 19.8 16.9 Property and equipment, net 91.0 76.9 14.1 Equipment deposits - 51.4 -$51.4 Derivative Assets 11.3 - 11.3 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Marketable securities 3.2 0.3 2.9 Other
Slide 6: Mawson Self-Mining
Mawson Self-Mining 2022 Target 20231 Δ Target 20241 Δ Average Capacity (MW) 2 34 MW 200 MW +166 MW 300 MW +266 MW Average Total Exahash (EH) Online3 0.8 EH 7.0 EH +6.2 EH 10.5 EH +9.7 EH BTC Mining Production / day 3.7 BTC /day 20.2 BTC /day1 +16.5 BTC 30.3 BTC /day +26.6 BTC Annualised Revenue $43.
Slide 7: Mawson Hosting
Mawson Hosting Actual 2022 Target 20231 Δ Target 20241 Δ Contracted Hosting Customers (MW)2 100 MW 200 MW +100 MW 300 MW +200 MW Hosting Exahash (EH) Capacity1 3.5 EH 7.0 EH +3.5 EH 10.5 EH +7.0 EH Hosting Revenue $13.3m 107.8m3 +$94.5m 161.8m3 +$148.5m Hosting Margin $3.3m 24.6 m +$21.3m 36.9m +$33
Slide 8: Mawson Energy Markets Program
Mawson Energy Markets Program Overview Financial Results ESG & Supporting Local Communities Mawson’s Energy Markets Δ (FY2021) Program consists of both curtailment and demand response strategies. Mawson’s Revenue $13.7M +100% 94,307 agile operational model helps Barrels of oil consumed release energ
Slide 9: Secure Energy Pipeline
Secure Energy Pipeline Lease term 120 MW 13+ Years 120 MW 14+ Years 150 MW TBC 24 MW TBC Proven history of efficient and rapid site development 18 MW TBC Existing Target Capacity 2 Expansion 1 Expansion and development of new and existing facilities in the PJM energy market +300MW 1. Pipeline and Ta
Slide 10: Industry Leading Bitcoin Mining Facilities
Industry Leading Bitcoin Mining Facilities Modular Data Current Exahash Current Future potential Future potential Center Capacity1 MW capacity2 MW capacity2 Exahash Capacity1 Total EH2 Capacity Lease Term Energy Mix 4.2 EH1 120 MW - - 4.2 EH1 60 14+ Years 100% USA carbon-free 4.2 EH1 120 MW - - 4.2
Slide 11: Mawson's Infrastructure First Approach
Mawson’s Infrastructure First Approach 1. Strategic Partnerships 2. Efficient Operating Model 3. Rapidly Scalable Data Center 4. Organic Infrastructure / Solution Site development • High quality, stable and • Selection of sites with • Design allows for rapid • A focus on finding and supportive juris
Slide 12: ESG Focus
ESG Focus Net Zero Carbon Socially Engaged Governance Framework Georgia, USA (Prior to sale) A responsible, accountable and ethical Nuclear Power – • Platinum sponsor of School Athletics Programs approach to corporate governance underpins Carbon free • Mawson Group Academic Scholarship the way we do
Slide 13: Highly Experienced Management & Board
Highly Experienced Management & Board Board Executive Team Founder & CEO Independent Non-Executive Chair Chief Financial Officer Chief Operating Officer Chief Corporate Officer 15 years management 25 years with AGL Energy Highly experienced Chartered 16 years experience in 10 years experience in sen
Slide 14: Mawson Shareholder
Mawson Shareholder Ticker NASDAQ:MIGI Share price $2.75 Market Capitalisation Shares outstanding 14,131,110 $38.9M Based on share price as at 21 March, 2023 MIGI Stock V BTC Price BTC Price MIGI VWAP 50000 35 Net Assets $76.1M 45000 30 40000 35000 25 24% Net Assets per Share $5.39 MIGI Stock Price 3
Slide 15: Strategic Planning For Success
Mawson Strategic Planning For Success Flexible BTC Self-Mining Operating Hosting Revenue Energy Markets Revenue Model Infrastructure Owner/Operator of Bitcoin Self-Mining, Midland, PA • Jan 2022 First Approach Hosting Co-location Facilities, Electrical Infrastructure and Modular Data Centers (MDC) R
Slide 16: Reconciliation of Non-GAAP Metrics
Reconciliation of Non-GAAP Metrics Slide 4 and 5 identifies some non-GAAP financial metrics, which require reconciliation Slide 5 identifies some non-GAAP financial metrics, which require reconciliation to to the statutory GAAP numbers. We set them out as follows: the statutory GAAP numbers. We set
Slide 17: FY2022 Investor Presentation
FY2022 Investor Presentation
Mawson Infrastructure Group — FY2022 Earnings Presentation on 6ix