Groupe OKwind Société anonyme (ALOKW) Investor presentation summary

Key milestones and strategic evolution

• Expanded from first solar tracker installation in 2009 to IPO in 2022 and multi-technology launches by 2024.

• 2024 marked by launch of multi-technology offer, broader energy generator range, and enhanced value chain coverage.

• Strengthened management and sales teams, with increased specialization and regional presence.

• Strategic focus on new market segments and complementary services like monitoring, maintenance, and financing.

Financial and commercial performance

• 2024 revenue at €57.1m, down 31% from 2023, with B2B segment most affected.

• EBITDA positive at €0.5m, but net income negative at -€3.6m due to market headwinds and restructuring.

• Backlog at €23.9m at year-end 2024, with order intake and revenue impacted by cautious farm sector and long sales cycles in industry/local authorities.

• Cash flow from operations improved to €8.9m, with closing cash position at €16m and low net financial debt.

Operational drivers and innovations

• Organizational restructuring enhanced commercial agility and customer proximity.

• 70% Energy Autonomy Offer (Trackers + BESS) targets significant market, enabling up to 70–80% self-sufficiency for clients.

• Major innovations include new solar tracker models (TREA 29-000R), ecosystem diversification, and improved digital reputation.

• Expansion into water sector with first fixed solar installation at a treatment plant and collective self-consumption projects.

• New industrial site in Etrelles to triple production capacity and serve as an innovation hub by end 2025.