COMBINED GENERAL MEETING - Amoeba€¦ · This presentation neither constitutes, nor is it a part...
Transcript of COMBINED GENERAL MEETING - Amoeba€¦ · This presentation neither constitutes, nor is it a part...
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COMBINED GENERAL MEETING
22 June 2016
Bacteria’s natural predator
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Disclaimer/
When receiving this presentation or participating in this meeting, you acknowledge having taken note of the following restrictions.The present document and the information contained in the presentation are strictly confidential. This document cannot be copied, reproduced, distributed, published or otherwise disclosed, directly or indirectly, in whole or in part, to any other person (within or outside your company). In particular, neither this document, nor any part or copy thereof can be distributed, directly or indirectly in the United States, Canada, Australia or Japan. Non-compliance with these restrictions can lead to a violation of legal restrictions in certain countries.This presentation neither constitutes, nor is it a part of, and should not be construed as an offer of subscription to securities or a solicitation for subscription to securities in France, the United States or any other country. Securities may be offered or sold in the United States solely following registration pursuant to the 1993 U.S. Securities Act, as amended, (hereinafter: the “Securities Act”) or in the case of an exemption from this obligation to register. This presentation is not a prospectus. No offer to the public of financial instruments will be made in France before the approval of the prospectus (the “Prospectus”) by the Authority regulating financial markets in line with the provisions set out in Directive 2003/71/CE. Any decision to acquire financial instruments must be made solely on the basis of the information contained in the Prospectus. No offer to the public of financial instruments will be made in any jurisdiction, except in France. In particular, no financial instrument will be registered in line with the Securities Act, or with any authority for any of the States or jurisdictions in the United States.This presentation only contains summary information and it is in no case an exhaustive presentation. The information contained in this document, whether from internal or external sources, is presented solely on an indicative basis, and it has no contractual value. The information contained in this presentation is up to date on the day of the presentation. Portions of the information contained in this presentation and other declarations or documents, published or to be published by Amoeba (the “Company”) are not factual elements but prospective statements. These statements are based on opinions, expectations and hypotheses, including statements relating to the Company’s current and future commercial strategy, or those relating to the distribution environment in which the Company operates, and harbors known and unknown risks, uncertainties or other factors. The Company’s results, performances or creations, the sector results or any other event could be significantly modified relative to the projections expressly or indirectly described in this presentation. The Company, Bryan, Garnier & Co and Portzamparc have not provided any declaration or either explicit or implicit guarantee as to the accuracy, genuineness, exhaustiveness or relevance of the information and opinions contained in the present document. The Company’s responsibility and that of Bryan, Garnier & Co and Portzamparc cannot be engaged (in particular for reasons of negligence) for any prejudice resulting from any use of this presentation or its contents, or linked in any way to this presentation. This information can be subject at any time to modifications, including and not limited to, due to changes to the applicable regulations or market conditions. The Company, Bryan, Garnier & Co, or Portzamparc are not, and cannot be, under any obligation to update this information. In the hypothetical situation where an offer of financial instruments is made by the Company in the future, investors must found their decision to invest solely on the basis of (i) the Prospectus or any other similar document which must be prepared by the Company as part of the offer, and in particular the risk factors described therein, (ii) any notification published by the Company modifying the terms of the offer, and (iii) any examination of the Company considered necessary by a potential investor. You must not accord excessive significance to the information contained in this presentation in terms of its genuineness, exhaustiveness, accuracy or relevance. It is the responsibility of each potential investor, if an offer of financial instruments is made in the future, to carefully examine the Prospectus and independently assess the risks and advantages of the offer.Market data and some sector forecasts included in this presentation were obtained from internal surveys, estimations, reports and relevant studies, as well as from market studies, publications or publicly available information. The latter were not the subject of independent verification by the Company, Bryan, Garnier & Co or Portzamparc, or their respective subsidiaries, social agents, directors, advisers or employees. The Company, Bryan, Garnier & Co, and Portzamparc do not declare or either explicitly or implicitly guarantee the accuracy, genuineness, exhaustiveness or relevance of the information contained in the present document.
Agenda
1. Constitution of the General Meeting
2. Activity Report
3. Report of the Supervisory Board
4. Report of the Statutory Auditors
5. Q&A
6. Vote on the resolutions
Agenda
1. Constitution of the General meeting Committee
2. Activity Report
3. Report of the Supervisory Board
4. Report of the Statutory Auditors
5. Q&A
6. Vote on the resolutions
Click to edit Master title style0 Key events in 20152
A successful IPO
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* Eligible for inclusion in the long-only SRD, Deferred Settlement Service
07-2015 31-12-2015
IPO: Compartment C* €8.3 /share €34.6/share
Raised €13.2 M
of which individuals €2.8 M
Number of shares (not diluted) 5,358,157
Number of shares (diluted) 5,922,157
of which in the free float 1,126,159
Market capitalization €44.5 M €185.4 M
Click to edit Master title style0 Key events in 2015
Building a distribution network
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2
Market awarded
Market currently
negotiated
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Further industrial tests in a real environment
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BeginningDuration (months)
Focus / Request / Comment
Oct-15 Ongoing Substitution for chemical biocides
Oct-15 4Substitution for chemical biocides
August-14 OngoingSubstitution for chemical biocides
July-15 3 Substitution for chemical biocide on tertiary sector ACT
March-15 5 Substitution for chemical biocides
Oct-14 6 Biofilm and total bacteria
August-14 Ongoing Reduction of chloroform emissions
April-14 5 Water consumption and corrosion
Nov-13 Ongoing Corrosion and preventive test on new ACT
June-13 20 Substitution for chemical biocides
Chemical Industry
Aerospace research
Automotive manufacturer
Pharmaceutical industry
Food industry
Aeronautical sector
Click to edit Master title style0 Key events in 20152
End of assembly for European production lines
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Modular 500 L production lines
Prototype
Laboratory pilot& Industrial pilot
Industrial production validated in a 500-L reactor
Construction of the first production line
2 Operational 2x 500 L production lines
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The regulatory procedure is under way in Europe
9Phase II –Pilot industrial tests
Temporary MA France
Phase III – Industrial tests with R&D MA
Final MA UE
Click to edit Master title style0 Financial results and key indicators2
Group P&L Account (IFRS standards)
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In K€ 31/12/2015Audited
12 months
31/12/2014Audited
12 months
31/12/2013Audited
12 months
Operating revenue
590 551 424
Operating costs (4,578) (1,474) (918)
Operating income
(3,988) (923) (493)
Financial income (31) (52) (27)
Net income (4,019) (975) (521)
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Group Balance Sheet (IFRS standards)
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Liabilities in K€
Equity 10,599 2,799 434
Non-current liabilities
1,797 1,403 656
Current liabilities
1,739 1,348 1,145
Total Liabilities 14,135 5,551 2,235
Assets in K€ 31/12/2015Audited
31/12/2014Audited
31/12/2013Audited
Non-current assets
4,801 2,412 1,617
Current assets 9,334 3,139 619
Total Assets 14,135 5,551 2,235
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Cash Flow Statement
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in K€ 31/12/2015Audited
31/12/2014Audited
31/12/2013Audited
Operational activities (4,165) (1,193) 500
Investment activities (2,442) (893) (529)
Financing activities 11,720 4,244 122
Change in cash 5,113 2,158 93
Closing cash 7,731 2,618 461
Click to edit Master title style0 Next Steps2
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Couverture commerciale: objectif *
201720162015
** Each horizontal line corresponds to one operational production line
Magnus (Canada)
Earthwise (United States)
Aquaprox (France)
New American distributors
New European distributors
* Each horizontal line corresponds to an individual distributor
Novochem (Benelux)
DREWO (Italy)
Aqua Concept (Germany)
Aqua Concept Polska (Poland)
Green Chemicals (Turkey)
France
Rest of Europe
USA
Commercialisation following MA
Europe: 2 units of 4 reactors (end of 2016)
USA: 2 units (end of 2017)
Industrial: Number of operational production units**
Canada: 1 unit of 4 X 10 Litre (mid 2016)
Commercial coverage: objectives *
** Each horizontal line corresponds to one operational production line
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Next steps2
Temporary MA
France & EuropeOperational
Production lines
Today
Economic model to be ’pasted’
Where we are headed
S2 2016
Cooling
towers
Nuclear
power plant
Domestic
hot water
Drinking water
network
Food & agriculture
sector
Veterinary
industry
€1.7b €1.7b €6b €10b €0.5b €0.5b
2016
2017/2018 2019/2020
Agenda
1. Constitution of the General Meeting
2. Activity Report
3. Report of the Supervisory Board
4. Report of the Statutory Auditors
5. Q&A
6. Vote on the resolutions
Agenda
1. Constitution of the General Meeting
2. Activity Report
3. Report of the Supervisory Board
4. Report of the Statutary Auditors
5. Q&A
6. Vote on the resolutions
Agenda
1. Constitution of the General Meeting
2. Activity Report
3. Report of the Supervisory Board
4. Report of the Statutory Auditors
5. Q&A
6. Vote on the resolutions
Agenda
1. Constitution of the General Meeting
2. Activity Report
3. Report of the Supervisory Board
4. Report of the Statutory Auditors
5. Q&A
6. Vote on the resolutions
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