Allego SPAC Presentation Deck slide image

Allego SPAC Presentation Deck

Allego Offers Significant Growth and Near-Term Visibility to Positive Operational EBITDA Revenue Operational EBITDA (€ in millions) € 26 2019A (€ in millions) € 16 € 50 2020A 2019A 1 Charging revenue ¹ Capital Expenditures ² € 20 2020A € 86 allego 2021E € 125 € 161 € 108 2022E 2021E € 188 2022E 2021E2026E CAGR: 70% (1) (2) (3) € 221 € 80 € 141 2023E € 259 2023E € 466 € 145 € 321 2024E € 260 2024E Source: Company information. Note: € 814 € 231 Services revenue € 582 2025E € 309 2025E € 1,216 € 321 € 895 2026E € 296 2026E NM (€ 34) NM 2019A % margin Expected Positive Operational EBITDA in 2021 (€ 29) 2019A (€ 7) 2020A 2021E Free Cash Flow 3 8.7% (€ 34) (€ 47) 2020A € 8 2021E Unlevered FCF (€225€ 166) 15.3% € 25 2022E (€ 43) (€ 169) 2022E 21.4% € 47 2023E € 37 32.4% € 151 2024E € 138 (€ 116) CONFIDENTIAL 38.9% 2020 financials are shown on an unaudited IFRS basis; excludes the impact of IFRS2. Ultra-Fast charging revenue and charging revenue includes existing network and new sites. Capital expenditures include new owned charging ports capex and technology & other capex. Excludes capitalized financing costs and fair value of leases. Unlevered free cash flow is defined as net cash from operations less capex. € 317 2025E € 269 (€ 33) (€ 217) 2025E 2023E 2024E Unlevered FCF excl. Growth Capex 42.1% € 512 2026E € 393 € 104 2026E 29
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