Seafire Ab · OMXSTO:SEAF
Seafire Ab — Q1 2021 Earnings Presentation
12 slides from Seafire Ab's earnings presentation, April 2021
Slide 1: Q1 2021 Investor Presentation
Q1 2021 | Investor Presentation April 2021
Slide 2: Key events during Q1 2021
Key events during Q1 2021 • Acquisition of Färg-In AB on 4 January for a consideration of SEK 62 Selected Key Metrics million on a debt free basis Acquisition of ‒ SEK 8 million was paid by a share issue directed at the sellers ü Färg-In AB • Färg-In is a specialised service provider, producer and r
Slide 3: Financial overview
Financial overview Financial performance (Pro forma figures)1 Q1 2021 performance by group company SEKm 42% 326 327 • Revenue growth (Q1’21 vs Q1’20): -12% • Norway growing, rest of Nordics down • Season swing - March 2020 exceptionally warm 23% • Revenue growth (Q1’21 vs Q1’20): +4% 12,4% • Cold Ja
Slide 4: Building for the future - agile teams
Building for the future - agile teams • Management training program – agile team model • Growth programs Seafire Academy • ESG • Competence acquisitions – best practice in recruitments of key persons • Digitalization • Covid makes it possible to hire better competence • Nordbutiker: full management
Slide 5: Key events following the end of the quarter
Key events during following the end of the quarter • Sara Wallin, Current CEO of Chalmers Ventures with a broad AGM held on investment background focusing on growth companies through her 28 April 11year tenure as CEO of Almi Väst, elected as new board member • Boards of porfolio companies will also
Slide 6: Appendix
Appendix
Slide 7: Income Statement
Income Statement Reported Income Statement (IFRS) Commentary SEKm Q1 2021 Q1 2020 2020 Revenue growth driven by acquisitions Net sales 76.3 46.1 221.2 • Revenue growth between 2021 has been driven by the Other operating income 0.1 0.2 0.9 acquisitions of Luda.Farm and Färg-In, neither of which were
Slide 8: Balance Sheet
Balance Sheet Reported Balance Sheet (IFRS) Commentary SEKm Q1 2021 Q1 2020 2020 Balance sheet strengthened by share issues Intangible assets 170 105 126 Tangible assets 11 10 10 • Seafire’s balance sheet was strengthened by two share issues of Right-of-use assets 19 14 12 SEK 48 million before issu
Slide 9: Cash Flow Statement
Cash Flow Statement Reported Cash Flow Statement (IFRS) Commentary SEKm Q1 2021 Q1 2020 2020 Investments Operating profit before financial items 3.1 1.7 14.6 • Investments during Q1 2021 was almost exclusively comprised of Adjustments of non-cash items 11.1 1.0 13.5 the acquisition of Färg-in which
Slide 10: Seafire at a glance
- Strictly private and confidential - Seafire at a glance Diversified investment group specialised in profitable SMEs operating in niche markets Company highlights Investment portfolio Key financial metrics Investment company targeting leading SMEs within niche industries • Swedish investment compan
Slide 11: The Seafire share
- Strictly private and confidential - The Seafire share Share price development (price rebased at 100) Shareholders per 2021-03-31 SEK Owner # of shares Share of capital/votes YTD 2021 share performance: Market capitalisation: 500 Ticker: SEAF +65% SEK 363m Försäkringsaktiebolaget 2,340,322 19.13% S
Slide 12: Board of Directors
Board of Directors Sara Wallin joining Board of Directors following 2021 AGM Joachim Berner Louise Nicolin Tord Lendau Lennart Sara Wallin Chairman of the board Board member Board member Jacobsson Board member With Seafire since 2016 With Seafire since 2020 With Seafire since 2017 Board member Joine