Wallbox (WBX) Corporate Presentation summary

Strategic positioning and innovation

• Focuses on simplifying energy management with smart, design-driven, and compatible EV charging solutions, including V2G and V2H capabilities.

• Offers a comprehensive product portfolio for residential, commercial, and public charging, supported by award-winning technology.

• Pioneers bi-directional charging with Quasar 2, enabling energy flow between vehicles, homes, and the grid.

• Provides embedded, interoperable software for charger and energy management across all user segments.

• Vertically integrated operations allow rapid adaptation to market changes and control over the value chain.

Market opportunity and global reach

• Targets a projected $102bn total addressable market for EV charging by 2030, with 85% of installations still ahead.

• Operates globally with manufacturing, sales, and offices across Europe, North America, and APAC.

• Serves diverse channels including automotive OEMs, energy companies, installers, and major retailers.

• Maintains a strong global brand and international operations to capture market growth.

Financial performance and outlook

• Q2 2024 revenue reached €48.8M, up 13% sequentially and 48% year-over-year.

• Gross margin improved to 39.1%, a 936 basis point YoY increase.

• Adjusted EBITDA loss reduced to €11.2M, a 47% YoY improvement.

• Continuous reduction in labor costs and operating expenses.

• Cash and cash equivalents at year-end 2023 totaled €101.2M.