FLUENCE CORP. LTD WKN: A2DU34 ISIN: AU000000FLC5 Kürzel: 4SVE Forum: Aktien Thema: Hauptdiskussion

Q1 2022 Summary The Company is pleased to report significant quarterly sales growth year on year and confirm guidance. Key achievements include: ▪ Q1 Revenues from Continuing Operations of $34.5M1 - Up 116% on Q1 2021. ▪ SPS revenues from Continuing Operations of $7.3M1 - Up 78% on Q1 2021. ▪ Nearly 90% of Q1 SPS revenues from outside China including US, Latin America and Middle East. ▪ CES revenues from Continuing Operations of $25.3M1 - Up 141% on Q1 2021, mainly from the Ivory Coast project. ▪ Cost Efficiency Improvement – Q1 2022 fixed expenses of $6.7M (19% of revenues) versus $6.4M (40% of revenues) in Q1 2021. ▪ Contracted backlog $99.3M of which $75M anticipated to become revenue in 2022. ▪ Cash Balance of $31.1M down from $41.4M at end of 2021 but up from $14.9M at the end of Q1 2021 - Operating cashflow negative $10.4M as expected due to paying vendors with some of the funds already received in Q4 2021. ▪ Guidance – Full year 2022 revenue outlook is $144M, up 40% from $103.2M in 2021. $109.4M or 76% of this anticipated full year revenue is comprised of Q1 revenues plus contracted backlog anticipated to become 2022 revenue. SPS revenues continue to be forecast at $45M, up 22% from $36.9M in 2021. Underlying EBITDA continues to be forecast at $3M, up from $1M in 2021.