FINANCIAL RESULTS FOR Q2 2022

19 September 2022

VIGO IN A NUTSHELL

35years of experience

VIGO IS A WORLD LEADER IN HIGH-TECH SOLUTIONS -

THE MOST ADVANCED MID-INFRARED PHOTONIC DETECTORS,

and operations

DETECTION MODULES AND SEMICONDUCTOR MATERIALS

Headquarters in Poland

and branch offices in USA

220 highly qualified and experienced experts

(1 Professor, 14 PhDs and >60 engineers)

25distributors in 18countries

supporting sales of solutions

Listed on the WSE since 2014

Approx. PLN 400 million

capitalisation

Operating in a fast-growing infrared market supported by demand and economic- technology trends

Unique technology and innovative, high-end solutions, tailored to customer needs

6,500 m2 of production space - complete production line for semiconductors

Ambitious development strategy to maintain a 20-30% annual growth rate

Business relationships with global corporations (Safran, Emerson, Caterpillar, TRUMPF, to name a few)

Over 2.5 times growth in revenue and EBITDA over the last 5 years (2017-2021)

6 detectors successfully used in Mars missions

Support for stable long-term

shareholders

AGENDA

  1. EXECUTIVE SUMMARY
  2. SUMMARY OF Q2 2022 ACHIEVEMENTS
  3. FINANCIAL RESULTS FOR Q2 2022
  4. PERSPECTIVES

EXECUTIVE SUMMARY

Q2 2022 SUMMARY

  • The second best quarter in terms of generated revenues of PLN 20.3 million (+13% y/y)
  • Record inflow of new sales orders +30% y/y increase in Q2
  • Lower operating results related to the intensive development of the Company's sales network and the preparation of further development projects
  • A number of VIGO initiatives undertaken as a response to the increased volatility of the market environment
  • Continuation of the development of new technologies
    and the commercialization process of the existing and new solutions in the framework of the VIGO 2026 Strategy
  • Completion of the clean room construction and launch of the production
  • VIGO detectors selected by NASA for the Orion mission
  • Change of name to VIGO Photonics

Epiwafers

Infrared detetctors

Infrared detection modules

4

SUMMARY OF Q2 2022 ACHIEVEMENTS

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Vigo System SA published this content on 19 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2022 15:19:06 UTC.