ads-tec Energy SPAC Presentation Deck slide image

ads-tec Energy SPAC Presentation Deck

Platform of scale with good near term visibility Key financials ($m)(1,2) Dec ye, $m EV charging Residential Commercial & Industrial Services Revenue Growth Gross profit Margin EBITDA Margin Capex(3) FY19A 16 0 3 2 - 21 (4) n/m (10) n/m 7 FY20A 46 0 6 1 54 153% 2 4% (7) n/m 8 FY21E FY22E FY23E FY24E FY25E 439 183 283 19 81 137 24 27 32 12 21 6 233 173% 403 629 73% 56% 11 2 44 (23%) In 2020, an OEM customer made an exceptionally large contribution to 2020 revenue primarily due to: A large order to equip its retailers with ultra- fast chargers 30 0 Order of large charging trailers (no order of large trailer in 2021, mainly due to the lack of large event) 4 9% (6) n/m 12 67 0 15 3 85 95% 13 15% (12) n/m 23 59 25% 18 8% 33 116 29% 56 14% 41 205 33% 131 21% 40 25% 4% ā— Strong growth primarily driven by: Favourable market developments Geographic expansion: US launch in 2022 Product launches: EV charging (FY22), Residential (FY23) and Commercial & Industrial (FY23) Very high revenue visibility for FY21E FY21E 70% FY21E order book 70% Notes: (1) Historical financials converted to USD ($) using EUR/USD exchange rate of 1.1195 for FY19A and 1.1422 for FY20A. Projected financials converted using 6-month average USD/EUR exchange rate of 1.20522, IFRS financials; (2) Historical financials are subject to release of PCAOB audit upon signing of BCA as well as confirmation with respect to outstanding debt and cash position, and projections constitute forward-looking statements that are subject to inherent uncertainty and rely in part on historical financials that are subject to change; (3) Capex is a combination of investment in tangible and intangible assets, capex figures converted using EUR/USD exchange rate of 1.1234 for FY19A and 1.2271 for FY20A adstec 34 Energy
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