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Premier Power Renewable Energy 2011 Summary
- 1. www.premierpower.com
SUMMARY
2011
Confidential
Confidential Copyright © 2009 Premier Power. All Rights Reserved.
- 2. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
Forward looking statement
This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements in this release involve risks
and uncertainties that could cause actual results to differ materially from current expectations.
There can be no assurance that demand for the company's products will continue at current or greater levels, or that the
company will continue to grow revenues, or be profitable.
There are also risks that the company's pursuit of providing solar solutions globally might not be successful, or that if
successful, it will not materially enhance the company's financial performance; that the company could fail to retain key
employees; that changes in customer requirements and other general economic and political uncertainties could impact the
company's relationship with its customers; and that delays in projects, competitive pressures or technical difficulties could
impact timely delivery of revenues and projects; and other risks and uncertainties that are described from time to time in
Premier Power’s periodic reports and registration statements filed with the Securities and Exchange Commission.
The company specifically disclaims any responsibility for updating these forward-looking statements.
2
Confidential
- 3. Confidential
2011 Highlights:
Copyright © 2009 Premier Power. All Rights Reserved.
1 Largest backlog in company’s history
Confidential
- 4. Confidential
2011 Highlights:
Copyright © 2009 Premier Power. All Rights Reserved.
1 Largest backlog in company’s history
2 Expansion to Bulgaria, Scandinavia & US growth
Confidential
- 5. Confidential
2011 Highlights:
Copyright © 2009 Premier Power. All Rights Reserved.
1 Largest backlog in company’s history
2 Expansion to Bulgaria, Scandinavia & US growth
3 Breakeven for the second half of 2011*1
*1 Non GAAP
Confidential
- 6. Confidential
Largest backlog in company’s history representing 77%
Copyright © 2009 Premier Power. All Rights Reserved.
1
of 2011 revenues
$54 m
$24 m
2011 2010
Confidential
- 7. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
2 Expansion to Bulgaria & US growth
Beginning of 2011 management
foresaw a slow down of central
European economies & shifted focus
to domestic markets & eastern Europe
Confidential
- 8. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
2 Expansion to Bulgaria, Scandinavia & US growth
a Signed 16MWp contract for Bulgaria
Confidential
- 9. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
2 Expansion to Bulgaria, Scandinavia & US growth
a Signed 16MWp contract for Bulgaria
b Signed 5MWp contract for Scandinavia
Confidential
- 10. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
2 Expansion to Bulgaria, Scandinavia & US growth
a Signed 16MWp contract for Bulgaria
b Signed 5MWp contract for Scandinavia
c Signed $27M contract for utility scale in the US
Confidential
- 11. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
2 Expansion to Bulgaria, Scandinavia & US growth
a Signed 16MWp contract for Bulgaria
b Signed 5MWp contract for Scandinavia
c Signed $27M contract for utility scale in the US
d Signed 500kWp contract for first Ohio project +
5MWp letter of intent
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- 12. Confidential
Breakeven for the second half of 2011*1
Copyright © 2009 Premier Power. All Rights Reserved.
3
During of 2011 we: a) flattened the
organization to become agile and nimble
b) hired key personnel to handle larger
projects & c) revamped procedures
Confidential
- 13. Confidential
Breakeven for the second half of 2011*1
Copyright © 2009 Premier Power. All Rights Reserved.
3
Gross Profit
up 219%
$3,086
10%
$967
2.5%
H1 11 H2 11
(in hundreds)
Confidential
- 14. Confidential
Breakeven for the second half of 2011*1
Copyright © 2009 Premier Power. All Rights Reserved.
3
Sales & Marketing
down 25%
$2,240
$1,687
H1 11 H2 11
*1 Non GAAP
(in hundreds)
Confidential
- 15. Confidential
Breakeven for the second half of 2011*1
Copyright © 2009 Premier Power. All Rights Reserved.
3
Sales & Marketing General & Admin
down 25% down 37%
3,524
$2,240 2,228
$1,687
H1 11 H2 11 H1 11 H2 11
*1 Non GAAP
(in hundreds)
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- 16. Confidential
Breakeven for the second half of 2011*1
Copyright © 2009 Premier Power. All Rights Reserved.
3
Sales & Marketing General & Admin Operating expenses
down 25% down 37% down 32%
5,764
3,524 3,915
$2,240 2,228
$1,687
H1 11 H2 11 H1 11 H2 11 H1 11 H2 11
*1 Non GAAP
(in hundreds)
Confidential
- 17. Confidential
First Half vs. Second Half of 2011
Copyright © 2009 Premier Power. All Rights Reserved.
For the Six Month Period ended
June 30, 2011 December 31, 2011 Change
H1 2011 H2 2011
Revenues $ 39,361 $ 30,816 -22%
Cost of revenues $ (38,394) $ (27,730) -28%
Gross margin $ 967 $ 3,086 219%
2.5% 10.0%
Operating expenses:
Selling and marketing $ 2,240 $ 1,687 -25%
General and administrative $ 3,524 $ 2,228 -37%
Total operating expenses $ 5,764 $ 3,915 -32%
Operating loss $ (4,797) $ (829) -83%
Share-Based compensation included above:
Cost of revenues $ 101 $ 81
Selling and marketing $ 479 $ 224
General and administrative $ 454 $ 310
$ 1,034 $ 615 -41%
El Dorado Hills, CA | Redlands, CA | Wall, NJ | Madrid, Spain | Pamplona, Spain | Campobasso, Italy 17
(in hundreds)
Confidential
- 18. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
2011 Highlights:
Some of the projects started or completed in 2011
El Dorado Hills, CA | Redlands, CA | Wall, NJ | Madrid, Spain | Pamplona, Spain | Campobasso, Italy 18
Confidential
- 19. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
Place picture here
16MWp – Zdravets - Bulgaria
California | New Jersey | Spain | Italy | Czech Republic | Bulgaria | Romania 19
Confidential
- 20. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
Place picture here
Architectural Carport - Italy
California | New Jersey | Spain | Italy | Czech Republic | Bulgaria | Canada 20
Confidential
- 21. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
Place picture here
1.2MWp – Laguna Sanitation District - US
California | New Jersey | Spain | Italy | Czech Republic | Bulgaria | Canada 21
Confidential
- 22. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
Place picture here
2.3MWp Spigno Saturnia - Italy
El Dorado Hills, CA | Redlands, CA | Wall, NJ | Madrid, Spain | Pamplona, Spain | Campobasso, Italy 22
Confidential
- 23. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
Place picture here
Tallest building with a MWp on a rooftop – Dependable Highway Express Project
1.2MWp Los Angeles | California
El Dorado Hills, CA | Redlands, CA | Wall, NJ | Madrid, Spain | Pamplona, Spain | Campobasso, Italy | Rome, Italy
Confidential
- 24. Confidential
Copyright © 2009 Premier Power. All Rights Reserved.
Place picture here
System Specifications
Technology
Modules Tianwei 220W
Type cSi
Inverters AE
Mounting Ballasted mounted
PUMA goes solar for their distribution center - US
Type Roof top
2MW Los Angeles | California
Converting unusable space to a power plant.
Confidential