Investor Presentation
Investor capital buys proof, operating credibility, and a controlled first-node template. Parallel TCI and Bahamas factories under one consolidated platform with Nassau base DevCo. Factory economics are rolled up from the same core operating engine, with additional platform overhead and active debt.
Land banking and development capital sit on top of the two-factory operating foundation. Investor remains 100% preferred until the hurdle is met, then shifts to 70/30 split. Return architecture is conservative, and transparent continue-versus-buyout optionality.
Funded stack, debt, reserves, and milestone gated scope. Investor cash is $21.0M, sponsor in-kind contribution is $5.0M, and debt commitment is $39.0M, for total funded capitalization of $65.0M.
Debt is approximately 60% of funded capitalization, so reserve protection, debt-service coverage, and deployment sequencing matter as much as EBITDA growth. The capital is funding two factories, working capital and commissioning, Nassau DevCo and project equity, and a reserve architecture designed to keep the platform governable.
| Topic | Current Position | Why It Matters |
|---|---|---|
| Capital structure | $21.0M investor cash + $5.0M sponsor to kind + $39.0M debt. | Phase 1 is purposely larger than the lighter launch packages and must be judged as a platform build, not only as a factory launch. |
| Operating perimeter | TCI Factory + Bahamas factory + Nassau DevCo + land/project equity. | The opening move includes proof, replication, and earlier project participation inside a governed capital stack. |
| Returns architecture | 1.75x MOIC / 25% IRR preferred hurdle; 30% investor share after. | The waterfall remains investor-protective in the preference period and still preserves long-tail participation thereafter. |
| Payback and build profile | Investor cash payback in 2031; long-range continue economics 5.02x / 29.0%. | The workbook is telling a total value story built on operating ramp, deleveraging, and project monetization rather than a single early event sale. |
Factory economics form the base of Phase 1. The platform funds the TCI reference factory and the Bahamas replication factory with a recurring earnings floor. Working capital, inventory, and receivables should stand immediately. Development capital and earlier project participation create controlled project monetization alongside the factories.
Island construction remains structurally overpriced and underperforming. Import dependence inflates delivered cost and makes scheduling harder in island markets. The marine environment offers many challenges for concrete, and raises lifecycle replacement burden. Island pain points can be transformed into advantages: turning reliability, speed, and thermal performance into economic advantages.
Acrete sells a system that converts performance into economics. Localized production reduces freight friction and improves delivery reliability. Durability-led mixes and industrialized outputs translate performance claims into measurable lifecycle value. Technical services and proof packs help engineers, owners, and insurers approve adoption with confidence.
The Technology: BioCene + Basalt + A Proven Process
The technology is built around BioCene graphene and associated admixture chemistry designed for concrete applications in corrosive and high-stress environments. A single layer of carbon packed in hexagonal (honeycomb) lattice, the first truly 2D material. The BioCene graphene and basalt reinforcement operate as a compounding system rather than isolated additives. Acrete's commercial applications lower cement intensity and deliver better constructability with support services for a total building solution.
The Acrete Advantage
| Performance Attribute | Benefit |
|---|---|
| 100x stronger, higher tensile and compressive strength | Structural reliability and reduced material volume. |
| Reduced water permeability | Marine durability and longer lifecycle. |
| 25% lighter and more durable | Lower shipping cost and improved logistics. |
| Superior thermal conductivity | Better building envelope and energy performance. |
| Lower-energy inputs, lower CO2 emissions | Sustainability credentials and regulatory positioning. |
| Higher chemical and fire resistance | Better structural integrity in island environments. |
The material story begins with graphene's lattice structure and how it interacts with the concrete matrix. The technology is built around BioCene graphene and associated admixture chemistry designed for concrete applications in corrosive and high-stress environments.
What is Graphene
- A single layer of carbon packed in hexagonal (honeycomb) lattice, the first TRULY 2D material
- Can be made from waste biomass and other high carbon materials
- A few-layer graphene nanoplatelets at the center of our approach
- The lattice matters because performance starts at the material structure level
The initial offer stack is deliberately simple, sellable, and expandable. Phase 1 starts with core offerings such as ready-mix for on-site pour applications and bagged product. The company will expand into panels and other products in Phase 2. Acrete will prove dependable delivery before it broadens complexity.
New Product Development: Future Optionality
The technology set may create future optionality beyond Phase 1, but it is not required for the base underwriting case. The development of a graphene-concrete structural energy storage concept in which wall systems can perform as "structural power," an analog to a battery, to support solar and other systems. Structural-energy-storage applications, off-grid and resilience value in island settings. Explicitly excluded from the Phase 1 base underwriting case.
Excellent proof markets where Acrete has local relationships. Visible markets that are small enough to control, limit pain points, and validate the value proposition quicker. Markets are also large enough to prove and visible to manage tightly and gain credibility. Gives the first investor a sound combination of geography visibility, operating focus, and reputational control. Phase 1 sets up future growth and investment opportunities for core investors.
Phase 1 is not a cold start. It is built around a local operating partner in TCI. North Caicos Contracting Ltd. has a 20+ year operating history, with experience across residential and commercial projects, equipment base, and local relationships. They have extensive expertise in mining aggregates, concrete technology and construction practices.
The strategic imperative is clear. Having an existing local partner and Acrete owner lowers startup risk, accelerates commercial access, and improves institutional credibility.
North Caicos Contracting Ltd. is the strategic local partner anchoring Phase 1 operations in TCI. With a 20+ year track record in residential and commercial construction across the Turks and Caicos Islands, they bring established local relationships, equipment, and operating infrastructure.
Phase 1 execution is founded on two disciplined nodes with clear stage gates. Plant, dispatch, QC, inventory buffers, and PMO cadence must operate as one integrated control system. Daily, weekly, and monthly review rhythm is part of the execution model, not an afterthought. Production building + warehouse + lab / offices + aggregate yard. Automated batching, mixers, truck flow, and a real QC lab are non-negotiable. Regional replication should not begin until TCI proves repeatability and credibility.
Commercial demand is diversified across prototypes, anchor accounts, and third-party local customers. Prototype projects generate the first proof assets. Anchor accounts support early utilization and operating credibility.
Third-party local market provides stand-alone operating credibility beyond affiliated demand. All required for Acrete to be investable as a stand-alone platform.
- Traceability and QC thresholds create operating discipline rather than marketing claims.
- Testing cadence and documentation packs make premium performance auditable.
- Bounded warranty posture reduces approval friction and helps make performance financeable.
Revenue to EBITDA
The TCI shows startup drag first, then EBITDA conversion and margin expansion in the ramp-up phase. Revenue grows from $5.7M in 2026 to $69.9M in 2030 and $114.3M by 2035. EBITDA improves from a launch-year loss to $31.3M in 2030 and $64.3M by 2035. EBITDA margin reaches 44.8% in 2030 and 56.2% by 2035. The operating story remains factory-led: utilization, output, mix quality, and project capture drive the conversion profile.
Capital Deployment
Capital deployment is tied to milestones and closing conditions. Base CapEx and startup costs are concentrated in Year 1 into Year 2; modeled growth CapEx steps down materially after the first wave and the two factories are self-sufficient in 2028.
| Revenue | Gross Profit | EBITDA | EBITDA Margin | Ending Cash |
|---|---|---|---|---|
| $5.7M | $1.5M | $-5.4M | -104.2% | $17.8M |
| $20.6M | $4.7M | $7.4M | 35.7% | $17.0M |
| $31.4M | $8.7M | $7.1M | 22.5% | $7.6M |
| $47.9M | $14.5M | $14.5M | 30.3% | $11.7M |
| $69.9M | $31.2M | $31.3M | 44.8% | $17.7M |
| $80.6M | $31.2M | $31.3M | - | $27.5M |
| $92.8M | $45.0M | $45.3M | 48.8% | $38.5M |
| $103.5M | $56.8M | $57.2M | 55.3% | $52.5M |
| $114.3M | $64.0M | $64.3M | 56.2% | $15.8M |
Return framing stays disciplined until the final monthly waterfall is fully locked. The financial model supports a continue-case MOIC of about 5.02x and IRR of 29.0% in 2035. Buyout-case in 2030–2031, MOIC of 1.75x and IRR of 25.1%. Acrete presents both paths transparently: longer-duration participation versus a cleaner buyout option.
Investor cash payback occurs in 2031 in the current proforma. Preferred distributions remain 100% to the investor until the greater of 1.75x MOIC or 25% IRR is achieved; after that, excess cash splits 30% to investors and 70% to founders.
Payback Architecture
The investor payback year implied by the current workbook is 2031. Cumulative investor and founder distributions should be shown against the 1.75x preferred hurdle of $36.75M. The hold-value profile matters more than an early-flip story because recurring factory earnings, controlled project participation, and debt clearance drive long-tail economics. Continuing share begins in 2030 under the continue case. Prototype sales + operating participation create early cash bridge.
The main downside protection variables to mitigate risks are timing, utilization, mix, and capital discipline. Utilization, price realization, and product mix drive the quality of operating participation. Reserves and proof packs are part of the mitigation, not afterthoughts. Capital discipline matters more in a first-node island build because avoidable overruns can erode liquidity and credibility.
Risk Controls
Risks are real but mitigation is designed into the system for operational resiliency. Governance, capital controls and reporting are built to institutional standards from day one. The revised supplement architecture already anticipates board rights, reserved matters, information rights, audit rights, and a formal weekly / monthly / quarterly reporting cadence. That reporting discipline is part of the investment case because Phase 1 is a proof node, not just a plant build.
The investment case for Acrete Global is valid because scope, controls, and cash logic are all legible. Phase 1 is a controllable: two proof markets, complementary development activities, and a return profile driven by visible operating evidence.
Phase 1 is actionable: long-term experienced local partner and Acrete owner on the ground. Visible use of proceeds and disciplined draw schedule. Two factories create a recurring earnings floor. Nassau DevCo and project participation improve pull-through. Regional expansion remains sequenced, not diffuse.