Mynaric AG (MYNA) — Mynaric — FY2023 Earnings Presentation
12 slides from Mynaric AG (MYNA)'s earnings presentation, Jun 20, 2024
Slide 1: FY 2023 Results and FY 2024 Outlook
FY 2023 Results and FY 2024 Outlook June 20, 2024 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. Preliminary Results 3. Outlook 4. Q&A 3|
Slide 4: Today's Presenters
Today’s Presenters Mustafa Veziroglu Stefan Berndt-von Bülow CEO CFO 4|
Slide 5: Opening Remarks
Opening Remarks • Continued momentum on Key Business Metrics • Optical Communications Terminal Backlog • Cash-in from Customer Contracts • First unit shipment in 1Q 2024 • Multiple awards in support of key government constellations • Strongest pipeline of new customer opportunities in our history •
Slide 6: FY 2023 Key Performance Indicators
FY 2023 Key Performance Indicators Cash-in from Customer Contracts* Optical Communications Terminal Backlog** EUR in millions Units 49.2 794 50.0 800.0 40.0 600.0 30.0 400.0 20.0 18.3 256 200.0 10.0 0.0 0.0 2022 2023 2022 2023 * non-IFRS measure. Cash-in from customer contracts includes payments fro
Slide 7: FY2023 Key Income Statement Figures
FY2023 Key Income Statement Figures Revenue Cost of Materials Personnel Costs EUR in millions EUR in millions EUR in millions 6.0 5.4 20.0 40.0 37.4 36.6 16.8 5.0 4.4 15.4 15.0 30.0 4.0 3.0 10.0 20.0 2.0 5.0 10.0 1.0 0.0 0.0 0.0 2022 2023 2022 2023 2022 2023 Consolidated financial statements are pre
Slide 8: FY 2023 Key Balance Sheet Figures
FY 2023 Key Balance Sheet Figures Cash & Cash Equivalents Inventories Property, Plant and Equipment EUR in millions EUR in millions EUR in millions 30.0 25.0 22.7 25.0 22.3 22.9 24.0 25.0 20.0 20.0 20.0 15.0 13.3 15.0 15.0 10.2 10.0 10.0 10.0 5.0 5.0 5.0 0.0 0.0 0.0 2022 2023 2022 2023 2022 2023 Con
Slide 9: FY 2024 Outlook
FY 2024 Outlook FY 2023 Actual FY 2024 Revenue €5.4M €50M - €70M Operating loss -€79.2M -€40M - -€30M Cash-in from Customer Contracts* €49.2M €65M - €100M Optical Communications Terminal Backlog** 794 800 – 1,000 The outlook is based on the current projected production ramp and current liquidity pro
Slide 10: Q&A Questions & Answers
Q&A Questions & Answers mynaric
Slide 11: More Information
More Information mynaric.com/investor-relations [email protected] 11 |
Slide 12: Thank you for your attention
mynaric.com THANK YOU FOR YOUR ATTENTION 12 |