Electriq Power - Sustainable Community Networks Overview slide image

Electriq Power - Sustainable Community Networks Overview

STRATEGIC BUSINESS EVOLUTION electriq power Electriq has made a deliberate effort to move toward a solutions-based, higher-margin business model, supported by our Sustainable Community Networks Projected Shift in Revenue Mix Sustainable Solutions 11% Sustainable Solutions 31% 2022 Energy Storage Partners 89% 2022-2024 Higher Margin Sustainable Community Networks begin to scale 2024E Sustainable Community Networks 69% Expected Revenue Mix from Sustainable Community Networks Sales Upfront Solar, Installation, and Development 31% O Upfront Battery Revenue 25% Recurring Software & Services Revenue 44% Recurring Revenue Software and Services revenue in Sustainable Community Networks term sheet creates a potential $100MM stream of high margin revenue over time (1) Approximate Revenue Per Unit Sold Revenue Per Unit expected to increase as Sustainable Community Networks becomes a largershare $10,000 2022 Note: Annual actuals are audited through FY 2022. All other periods are estimates. 1.Illustrative revenue for ~8,000 units deployed under 25-year power purchase agreements. $20,000 2024E Strictly Confidential / Not for Redistribution 12
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