Spheria Emerging Cos. Ltd. · ASX:SEC
Spheria Emerging Cos — FY2020 Earnings Presentation
14 slides from Spheria Emerging Cos's earnings presentation, Sep 4, 2020
Slide 1: Shareholder webinar reminder and presentation cover letter
Spheria Emerging Companies Limited Level 35, 60 Margaret Street Sydney NSW 2000 Telephone: 1300 010 311 Email: [email protected] ACN 621 402 588 For personal use only 4 September 2020 By Electronic Lodgement Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street Sydney
Slide 2: FY2020 Results & Portfolio Update
For personal use only Spheria Emerging Companies Limited ASX: SEC FY2020 Results & Portfolio Update
Slide 3: Agenda
2 For personal use only Agenda 1. SEC Company update 2. Portfolio update 3. Questions
Slide 4: NTA breakdown for 1HFY20
3 NTA breakdown for 1HFY20 For personal use only Source: Spheria Emerging Companies
Slide 5: Dividends
4 Dividends For personal use only Final dividend of 2.5 cents per share FY20 Final Dividend Amount 2.5 cents per share Ex-dividend Date 8 Sept 2020 Maiden Final dividend dividend (100% (100% Interim franked) franked) dividend Dividend Record Date 9 Sept 2020 Interim (100% dividend franked) (100% fra
Slide 6: Initiatives to close the discount to NTA
5 Initiatives to close the discount to NTA For personal use only The Board acknowledges the current discount to NTA and is concerned about this unsatisfactory position and remains committed to addressing the discount to NTA. • Already executed $7.5m (7.5% of total shares in issue) since 1 July 2019.
Slide 7: Performance History
6 Performance History For personal use only SEC Portfolio performance Net Portfolio Performance as at 31st Aug 2020 Since Inception Period 1 month 3 month 6 month 1 year 2 year (pa) Inception Date (pa) SEC Mandate 10.9% 9.8% 3.5% -0.3% -1.7% 2.2% 30/11/2017 S&P/ASX Small Ordinaries Accumulation Inde
Slide 8: SEC Portfolio - Net Performance since Inception
For personal use only -30.0% -20.0% -10.0% 0.0% -40.0% 10.0% 20.0% 30.0% 29-Nov-17 29-Dec-17 29-Jan-18 28-Feb-18 Index Spheria 31-Mar-18 30-Apr-18 Source: Spheria Asset Management 31-May-18 30-Jun-18 Relative Performance 31-Jul-18 31-Aug-18 30-Sep-18 31-Oct-18 30-Nov-18 31-Dec-18 31-Jan-19 SEC Portf
Slide 9: Rise of expensive Small Caps
Rise of expensive Small Caps For personal use only No. of stocks with EV/ Sales > 10x 200 180 • EV/ Sales > 10 is expensive 160 in historical context. 140 • Resource stocks, BNPL 120 100 wannabes and high revenue 80 growth micro caps have 60 driven this potential bubble 40 in smaller companies 20 0
Slide 10: Breville Group
Breville Group ASX: BRG For personal use only Cash Flow Dynamics Return Metrics 120.0 100% 100% 86% 90% 100.0 80% 80% 80.0 70% 60% 60% 51% 50% 60.0 50% 44% 39% 38% 36% 37% 39% 37% 40% 40% 40.0 28% 30% 20%20%20% 18% 20.0 20% 20% 15% 14% 12% 14% 13% 10% 0.0 0% 0% FY01A FY02A FY03A FY04A FY05A FY06A FY
Slide 11: A2B (Formerly Cabcharge)
A2B (Formerly Cabcharge) ASX: A2B For personal use only Cash Flow Dynamics Return Metrics 43% 100.0 84% 90% 45% 40% 37% 38% 90.0 80% 40% 34%33%34% 35% 32% 80.0 70% 28% 70.0 60% 30% 26% 26% 23%21% 24% 60.0 25% 21%19% 50% 18% 50.0 20% 16% 40% 14% 40.0 30% 15% 10% 30.0 20% 10% 20.0 10.0 10% 5% 0.0 0% 0
Slide 12: Company Positions as at August 2020
11 Company Positions For personal use only Spheria Emerging Companies as at 31 August 2020 Ticker Name % Portfolio CL1 Class Limited 5.2% CCX City Chic Collective 4.0% BRG Breville Group Ltd 3.9% HT1 Ht&E Limited 3.9% CTD Corp Travel Limited 3.6% SGM Sims Limited 3.3% HLS Healius 3.3% ABC Adbri Limi
Slide 13: Questions
For personal use only Questions 12
Slide 14: Disclaimer
13 Disclaimer For personal use only Spheria Emerging Companies Limited ACN 621 402 588 (SEC) Spheria Asset Management Pty Ltd (ABN 42 611 081 326, Corporate Authorised Representative No. 1240979) (‘Spheria’) is the investment manager of Spheria Emerging Companies Limited ABN 84 621 402 588 (‘SEC or
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