Investing in

greywater
recycling
Pitch deck

February 2024

erable° - Deck H2O Care - February 2024

Opération

Funding 13 greywater recycling 43 K$

systems * Fundraising amount

Company Name: H2O Care < 1 an

Time To Payback

Industry: Potable water savings

Impact: Environmental 7,89%

Target annual IRR

Maturity: Pre-seed

100$
Financial Instrument: Revenue-based financing Minimum ticket

*Lowly polluted domestic wastewater from showers, sinks, washing machines, These elements are based on estimations and financial
and dishwashers. history. Any asset carries a risk of illiquidity or partial or total
loss of invested amounts.
erable° - Deck H2O Care - February 2024
Problem

99%
Share of potable water used in toilets in France
in 2024 ● A safe and efficient
Greywater
solution for water
recycling
+70 millions conservation
Number of showers operating in France in 2024
● 200% efficiency gain,
Strong
water is used twice
45% impact
instead of once
Savings achieved on the total water consumption
of a household through greywater recycling
● 95% satisfaction rate, 15
Tested and
systems operational in
4,3€ approved
France, 500 worldwide
Price of water consumption per cubic meter in
France, in 2023, sharply rising (10,7% in 10 years)

erable° - Deck H2O Care - February 2024

Business Model

Two greywater recycling systems for a diverse clientele

Tailored o ering Diverse clientele Traction

System H300 H600 Clientèle B2C B2B Systems deployed

70 in 2023

Selling price 4,2 K€ 7,5 K€ Average basket 5,2 K€ 17,5 K€

7 New clients per

% of sales 40% 60% % of sales 30% 70% month

Recurrence : For B2B clients, subscription of €21 per month Customer

95%
(24/7 remote monitoring, maintenance, data transfer) satisfaction

erable° - Deck H2O Care - February 2024

Partnership
Exclusive contract for the Western region of
France with HYDRALOOP (NL)
(New Aquitaine / Brittany / Normandy / Pays de la Loire / Occitanie)

CES 2020, Las Vegas Strong media presence

4 awards including the 'Best of Featured in ”Brave Blue World”

the Best' at CES 2020 (Netflix documentary) as one of
(Consumer Electronics Show) the solutions to combat the
in Las Vegas, United States, in global water crisis in 2020
2020

CES2023, Las Vegas Global award 2022

CES 2023 Innovation Award for World Intellectual Property

Smart Home for its new Organization (WIPO) Award
product from the United Nations in
Geneva, Switzerland, in 2022

erable° - Deck H2O Care - February 2024

Source : SolarImpulse Foundation
Market

In France, the market for selling greywater recycling systems for

households*represents a value of approximately €151,840 million

5,2K€ Average basket

SAM
(Serviceable Addressable Market)

151 840 M€
29,2M Number of households in France

SOM
(Serviceable Obtainable
Share of target households Market)
10% (at least 4 people)
15 184 M€
*The assets financed by the raise are primarily intended for a BtoC clientele

erable° - Deck H2O Care - February 2024 Source : Insee

 Competition

H2O Care, provider of proven water-saving technologies, guaranteeing significant

water savings without compromising comfort, with minimal maintenance

Machine price A+ A++ A- A

Maintenance price A- A++ A++ A+

Data A++ A A-- A-

Monegascan Occitan American
Operation * Dutch license innovator innovator licence

Adaptability A++ A A- A

* H2O Care sells a global product, tested and approved

erable° - Deck H2O Care - February 2024
 Regulation

A market driven by past and upcoming regulations

AGEC Law “Plan Eau” : Valorizing greywater

The AGEC Law (Anti-Waste for a Circular By the end of March 2023, the government
Economy) of February 10, 2020 set the goal of unveiled a plan aimed at improving water
tripling by 2025 the volumes of non-conventional management across French territory, consisting of
waters (treated wastewater, greywater, rainwater, 53 measures.
etc.) used.
Generalization of the reuse of non-conventional
waters (including greywater) through the
development of 1,000 reuse projects nationwide
by 2027.

Lifting regulatory barriers to reuse in the

agri-food industry and for certain domestic uses.

erable° - Deck H2O Care - February 2024

Investment model

Fund tangible assets and collect the revenues they generate

Tailored financial product Transparent monitoring Profitable model

Compared to stocks or On their dashboard, investors Investors' cash flow

bonds, investing in revenue have access to:
Fund the 71% of
sharing with erable° allows
● the funded asset in detail purchase of sales
directing investment towards
tangible assets. ● the financial performance Greywater recycling systems
(revenue-based financing)
This makes investment
accessible to a wider ● the non-financial
audience performance (ESG)
achieved, here the volume
of water savings generated Deployment Revenue

by the funded systems

Customers B2C ou B2B
erable° - Deck H2O Care - February 2024
 Performance

Annual internal rate of return correlated with the

Target annual Internal
Rate of Return speed of deployment of funded assets

7,89%

Target Internal Rate of

Return (9 months)

The Internal Rate of Return (IRR) for the optimistic, target, and
5,86% pessimistic scenarios varies depending on a sales cycle of 7, 9,
or 11 months respectively

erable° - Deck H2O Care - February 2024 These elements are based on estimations and financial history. Any asset carries a risk of
illiquidity or partial or total loss of invested amounts.
Circular investment

€2,000 ticket for successive reinvestments

Target multiple
over 2 years

1,25x

Target internal rate of

return over 2 years
Through voting, members of the investor community can decide to
reinvest their returns for further growth. Following this vote, those
18,10% who do not wish to reinvest will have a determined period (usually
1 month) to withdraw their treasury share.

erable° - Deck H2O Care - February 2024 These elements are based on estimations and financial history. Any asset carries a risk of
illiquidity or partial or total loss of invested amounts.
Risks

Operational risk Risk of capital loss

We offer financing directed towards assets.

There is a risk of partial or total loss of the
Therefore, the return on investment is
invested capital subject to H2O Care's ability
correlated with the revenue generated and the
to meet its financial obligations.
speed of deployment of the funded assets.

To guard against this… To guard against this…

Erable° and H2O Care have jointly modeled According to the economic balance sheet
the three scenarios listed previously. analyses of H2O Care conducted by erable,
H2O Care should be able to meet its financial
obligations by the end of the deployment of
the funded assets.

erable° - Deck H2O Care - February 2024

 Team

“Greywater recycling is set to become the norm in our buildings”

Tom Bobst, Maxime Bu el,

President Sales Director

Serial entrepreneur (consulting firm) 16 years of experience as Head of Business

Master's degree in Environmental Engineering, Law, Development for Corpoderm Healthcare & Beauty,
and Management from the Higher Institute of the and for the company EANQA
Environment

Frédéric Bobst, Jérémy Bardou,

Managing Director Technical Director

Having been an entrepreneur in sports and Independent plumber and heating

social endeavors for a long time, Frédéric is the engineer for 13 years
ideal mentor for our large-scale project

erable° - Deck H2O Care - February 2024

 Annexes

erable° - Deck H2O Care - February 2024

 Income Statement

H2O Care, A growing and already profitable company

INCOME STATEMENT TURNOVER AND EBITDA (K€)

(1)

(1) EBE positif, pas d'enjeux de refinancement (hors CAPEX)

erable° - Deck H2O Care - February 2024

Balance Sheet

BALANCE SHEET SELF-FINANCING CAPACITY (K€)

(3)

(1) Low debt ratio

(1) (2) The net cash position becomes positive in

(2) 2024, implying a stable financial situation.

(3) H2O Care is able to fund its operational and

developmental needs.

erable° - Deck H2O Care - February 2024

Contact

Do you need assistance with investing?

Make an appointment

erable° - Deck H2O Care - February 2024

 Instructions and Responsibilities

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erable° - Deck H2O Care - February 2024