Lilium Investor Presentation 2021
Financial profile
$M
Production volume
2024E
2025E
2026E
2027E
90
325
600
950
Profit & Loss items
Revenue
246
1,314
3,306
5,867
% Growth
nm
435%
152%
77%
EBITDA
% Margin
Selected cash flows
(180)
70
708
1,440
nm
5%
21%
25%
Operating cash flows
Capex1
% Revenue
(197)
39
521
1,060
(61)
(108)
(45)
(114)
25%
8%
1%
2%
Capital Investments in Lilium Network fleetĀ²
(127)
(448)
(749)
(1,152)
% Revenue
52%
34%
23%
20%
Source: Lilium business plan. Management estimates.
Note: Converted at USD/EUR of 1.21. (1) Investments for manufacturing capex, supplier NRCS,
engineering, testing and certification, and small per head investments. (2) Lilium assumes external
financing.
Aircraft allocation flexibility between
Lilium Network and Turnkey
Enterprise Solution (assumed
50/50%)
Infrastructure capex funded by
partners
Enterprise business provides credit
floor and revenue visibility, network
has high revenue ceiling
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