THIRD QUARTER 2021
15 November 2021
Q3 2021 Financial Presentation 21
Caution Forward Looking Statements
Some of the statements contained in this document, including information incorporated by reference, discuss future expectations, plans or prospects, or state other forward looking information Words such as "intends", "believes", "expects," "anticipates,", "plans," "estimates," "should," "likely" or similar expressions reflecting something other than historical fact are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Such statements include, but are not limited to, statements about the benefits to the value of the Company's stock. Such forward looking statements are based upon the current beliefs and expectations of the Company's management and are inherently subject to significant business, economic, and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond the control of the Company. Actual results may differ materially from the results anticipated in these forward-looking statements. Factors, among others, that could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements include and are not limited to: General business and economic conditions; the performance of financial markets and interest rates; the ability to obtain government approvals; and possible delays in government approvals. While we may elect to update these forward- looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our views change. Therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today. In addition, actual results or stockholder values may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, but not limited to, our ability to raise the necessary financing required to acquire the targeted renewable energy power plants listed herein and in other documents, on suitable terms. At this time, we do not have any offer to finance these plants and there is no guarantee that such financing will be agreed on suitable terms, or at all. If the Company does not succeed in raising the required financing, then the plans outlined herein will be significantly curtailed.
This is not an offer to buy or sell securities
This document is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities in the Company or any related or associated company. None of the information or analyses presented are intended to form the basis for any investment decision, and no specific recommendations are intended. Accordingly, this document does not constitute investment advice or counsel or solicitation for investment in any security. This document does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor
should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. The Company expressly disclaims any and all responsibility for any direct or consequential loss
or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the document, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting
therefrom.
AGENDA AND TODAYS PRESENTERS | Q3 2021 Financial Presentation 3 | |
Vincent Browne | Joseph Duey |
CEO | CFO | |
▪ Vincent will present: | ▪ Joe will present: | |
- Key Metrics | - Financial Performance | |
- Business Update |
KEY HIGHLIGHTS SINCE LAST QUARTERLY REPORT
Q3 2021 Financial Presentation 41
All time high revenues and profits for Q3 & YTD Sep '21
REVENUES UP 370% YoY - 69% EBITDA - POSITIVE NET INCOME
Completed all planned asset acquisitions in initial bond portfolio
110MW OPERATING CAPACITY ADDED IN 2021 - 4.3x INCREASE YoY - EUR 20m ARR's
Largest ever owned asset portfolio at 472MW
130MW OF OPERATING ASSETS AT SEP '21 (UP 430% YoY) - 18MW IN CONSTRUCTION
Cost of debt reducing following recent EUR 20m bond tap issue
5.5% NET YIELD - 608 BPS SPREAD - STRONG INVESTOR DEMAND
HIGHEST EVER COMPANY REVENUES AND PROFITS
Q3 2021 Financial Presentation 53
Q3 2021
REVENUES | EBITDA | NET INCOME | |||||||
EUR 7.1m | EUR 4.9m | EUR 0.3m | |||||||
3.5 times | NEGATIVE EUR 0.2m | NEGATIVE EUR 2.5m | |||||||
vs. Q3 2020 | in Q3 2020 | in Q3 2020 |
NINE MONTHS TO SEPTEMBER 2021
REVENUES | EBITDA | NET INCOME | |||||||
EUR 13.1m | EUR 7.1m | EUR 10.6m | |||||||
3.7 times | 40+ times | NEGATIVE EUR 3.4m | |||||||
vs. Q3 2020 | vs. Q3 2020 | in Q3 2020 |
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Alternus Energy Group plc published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2021 14:54:07 UTC.