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2020 investor presentation
https://ukinvestormagazine.co.uk/wp-content/uploads/2020/05/EQTEC-Deck-May-2020-v6-UK-IM-Present-E.pdf? mc_cid=c38fcfbd0e&mc_eid=af0e5c1880
2021 presentation slides
https://drive.google.com/file/d/1Fk27Vk421PRLvsRsffiCym01ArH4maBv/view?usp=drivesdk
£16m cash raise completed in May at 1.5p, over £11m taken up by institutional investors.
Cash in the bank start of year €6m
Revenue forecast 2021 €15m so cash not an issue at present.
Ex finance director retired July, was the only director to sell shares in years and has most likely just completed forwarded selling his 120m warrants onto the market ready for next warrant expiry date end of November. Big sells look to have mostly dissapeared this last week.
Over the next 2 years, revenue CAGR figure is forecast at over 400%. Oppertunity pipeline is sitting at over €600m, (last updated February) .
4~5 deals scheduled to reach financial close before wend of year.
Revenue forecasts for Eqtec and peers
ITM/EQT/CWR/PHE/AFC
2020/2021/2022/2023/2024
ITM (£2.5b)- £5m/£4m/£27m/£72m/£133m
EQT (£105m)- €2m/€15m/€63m/€149m/???
CWR (£2b)- £21m/£31m/£35m/£39m/???
PHE (£187m)- £0.2m/£0.7m/£2.5m/£4-7m/£5-10m
AFC (£385m)- £0.1m/£1.8m/£4m/???/???
Eqtec broker/analysts x3 share price forecasts range between 2.8p and 5p.
The bullish Arden research note with 5p target
https://drive.google.com/file/d/1dkPxaS5LXaERABkHHkIcIHqHzprr7VTE/view?usp=drivesdk
Hi JR69, you are right, the questions have been only answered in the written Q&A doc. Looks like they already have a text block for exactly that question. Seems this is what many people wanted to know. :-)
Thanks aandi and Dersack, I obviously just didn’t hear the question being answered in the live event.
I noticed there is a newer Arden note since your link aandi (29th Sep vs 28th May)
The question was not ignored, but asked several times and answered three times. It even found its way into the new FAQ after the presentation: The company is simply not allowed to make predictions for the following year. By the way: that is one reason why most companies pay researches like Arden to make predictions instead.
EQTEC PLC Interim Results Q&A
28th Sep 2021 at 12:45pm BST
Q1: What are your turnover and profit forecasts going forward each year for the next 5 years?
As a public company we are not permitted to make forward-looking statements or provide financial information about future revenue or profit beyond the current year. As a discipline, we carry out long-term forecasting as part of our annual strategy and business planning activities, and as discussed on our 28 September investor call, we are forecasting growth.
Q5: What are you forecast revenues over the next 5 years?
As a public company we are not permitted to make forward-looking statements or provide financial information about future revenue or profit beyond the current year. As a discipline, we carry out long-term forecasting as part of our annual strategy and business planning activities, and as discussed on our 28 September investor call, we are forecasting growth.
Q9: Do you have a projected profit for 2022
As a public company we are not permitted to make forward-looking statements or provide financial information about future revenue or profit beyond the current year. As a discipline, we carry out long-term forecasting as part of our annual strategy and business planning activities, and as discussed on our 28 September investor call, we are forecasting growth.
https://eqtec.com/eqtec-faqs/
What are EQTEC's turnover and profit forecasts for the next few years?
As a public company we are not permitted to make forward-looking statements or provide financial information about future revenue or profit beyond the current year. As a discipline, we carry out long-term forecasting as part of our annual strategy and business planning activities, and as outlined in our Interim Report for 2021, we are forecasting growth.
Thanks RollonRetirement
I'll answer on behalf of aandi, hope he doesn't mind...
The 2023 revenue forecast of €150m comes from the latest Arden brokers note, 29th September 2021,
You can get to it (and the Align Research notes too) via the EQTEC website,
https://eqtec.com/investing-in-eqtec/research-presentations/
aandi where can I find 2023 revenue forecast of €150m? I asked for forecasts at the last investor presentation but the question got ignored.
I rather like your comparison to Ceres. My initial attraction here was the revenue model where the development partners pay up front to install the tech - considerably de-risking the thing; whilst at the same time there weren’t any expansive factories to build to manufacture the kit required. Just all about that traction/momentum. Edging closer!
The Linde news is IMO no more significant than Siemens supplying electrical equipment or General Electric providing gas engines to Eqtec plants. They are provising a service to HUI, HUI will still need to put together dmfunding partners. Have a read for yourself and let me know what you think -
https://www.gasworld.com/linde-inks-hydrogen-deal-with-hui/2021654.article
As for financial close 31st of October, this Wass the original target. Planning permission was originally due to be submitted in July but was only submitted a few weeks ago. I'm not sure they are at the financial close stage just yet. Besides, they only get £500k revenue at financial close, its hardly game changing.
Charliebrown, I think I mentioned 2023 on the back of someone else's comment that they would be happy with 5p in 2 years time. My angle was that by 2023 there will be X amount of plants online and Y plants in the contract pipeline with a huge opertunity pipeline by then and a "tier 1 EPC" working with us by then, and who knows what revenue, right now 2023 revenue forecast is €150m. That's 4 or 5 times the revenue of Ceres power who today enjoy a market cap of £2B
Is there any more to come for us this week or next DoY?
Quite a difference between EQT and PHE isn't there? I was in PHE until stopped out a while ago.
Great time to take some profits from here and put into PHE Tombee. PHE on verge of, major deal with Linde and financial close at protos
I've never seen an opportunity as great as this on AIM and just getting better. You'd have to be off your lid to not be in here right now! Multi-bags by next year!