Montfort Capital Corp · TSXV:MONT
Montfort Capital — Investor Presentation (October 2023)
20 slides from Montfort Capital's investor presentation, October 2023
Slide 1: Corporate Presentation October 2023
TSXV MONT OTCQB MONTF Corporate Presentation October 2023
Slide 2: Disclaimer
Disclaimer Not an Offer to Purchase or Sell Securities This overview is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities in Montfort Capital Corp. (the “Company”, “we”, “us”, “our”) and may not be relied upon in connection with the purch
Slide 3: Mission Statement
Mission Statement The Trusted Provider of Focused Private Credit Strategies for Institutional Investors, Family Offices, and Wealth Managers. TSX-V: MONT OTCQB: MONTF 3
Slide 4: Strong Path to Growth
Strong Path to Growth From the beginning with $2.7M of Capital Assets in 2015 to over $470M in AUMA at June 30, 2023 Q3 2023 and Beyond Q2 2023 - Q3 2023 Deploy capital with existing Increase funding capacity capability and Q1 2023 - Q2 2023 though establishing new infrastructure. Q4 2022 - Q1 2023
Slide 5: Corporate Lending and Consumer Lending businesses
TSXV MONT OTCQB MONTF Corporate Consumer Lending Lending TIMIA Capital Pivot Financial Brightpath Capital Langhaus Financial Technology Lending SME Lending Real Estate Lending Insurance Lending TIMIA Capital Pivot Financial Brightpath Capital Langhaus AUMA: $60M AUMA:$67M AUMA: $172M AUMA: $92M 5 TS
Slide 6: Financial Highlights - Reflecting Strong Growth
Financial Highlights - Reflecting Strong Growth Q2 2023 Highlight Reel ● Revenue of $13.3 million, YOY increase of $8.0 million or 153% ● Interest income of $9.9 million, YOY increase of $6.1 million or 163% ● Income from transaction & other fees of $3.2 million, YOY increase of 403% ● Total assets
Slide 7: TIMIA Capital Business
TIMIA Capital Business ● Sources private technology companies looking for debt using online tools ● Efficient and low cost origination unmatched by competitors Revenue Based ● Auto-qualifies the most attractive Technology Lending Market and unique technology investment opportunities for yield invest
Slide 8: Pivot Financial Business
Pivot Financial Business ● Accounts receivable factoring and purchase order financing ● Asset-based lending ○ Directly off balance sheet ○ Sub-advisor to Celernus Pivot Private Asset Backed SME Lending Credit Fund ● Lender finance Market Opportunity: 1.2 million ● Large addressable market with over
Slide 9: Brightpath Capital
Brightpath Capital ● An experienced originator and administrator of short duration first and second residential mortgage investments. ● Operates primarily in Ontario and B.C. markets. ● Underwritten and managed over 3,600 mortgages with total historical mortgage values completed in excess of $800 mi
Slide 10: Langhaus Financial
Langhaus Financial ● A leading non-bank provider of insurance policy-backed lending solutions to high-net-worth individuals and entrepreneurs throughout Canada. ● Works cooperatively with Canada’s major insurance companies and top advisers to design flexible lending programs. ● Experts in structured
Slide 11: Montfort's Market Position
Montfort’s Market Position ● Montfort participates in lower risk segments of the private investment market ● Montfort’s largest portfolios sit at the lowest end of the credit risk spectrum ● Montfort is earning outsized returns for the risk it is taking due to the focused position and short duration
Slide 12: Attractive Market Segment Dynamics
Attractive Market Segment Dynamics Growth Profile Fastest growing credit investment class: a. Private credit has grown to $1.5 trillion (~10 CAGR over the past 10 years1); b. Includes over $500 billion of deployable capital (dry powder); c. Accelerated demand for alternative lending sources due to r
Slide 13: Financials - AUMA Growth / Revenue growth
Financials - AUMA Growth / Revenue growth TSX-V: MONT OTCQB: MONTF 13
Slide 14: AUMA + Liquidity Growth - New Capital for Growth!
AUMA + Liquidity Growth - New Capital for Growth! TSX-V: MONT OTCQB: MONTF 14
Slide 15: Consolidated Net Income - Reflecting M&A in early 2023
Consolidated Net Income - Reflecting M&A in early 2023 Moving forward to next phase post acquisition integrations 1 1 Q3 2022 included additional costs associated with acquisitions TSX-V: MONT OTCQB: MONTF 15
Slide 16: Montfort Well Positioned Against Market Risks
Montfort Well Positioned Against Market Risks Interest Rate Risk ● Loans Receivable 81% variable vs Loans Payable (at current level) 80% variable Term Risk Less than 1 YR Long term Loans receivable* $359.3 $19.1 Loans payable*1 $364.4 $21.7 Use of Leverage Recourse Non-recourse Total Debt* $84.9 $30
Slide 17: Management Team
Management Team Montfort’s Management has combined 20+ years in each of Private Credit, Private Equity, and Equity Venture Capital, combined with 15 years Andrew Abouchar Ken Thomson Blake Albright Brooke Jutzi Interim CEO CSO / Director CCO / Director Interim CFO of public market experience. Board
Slide 18: Capital Structure - (as of August 23, 2023)
Capital Structure - (as of August 23, 2023) Common shares outstanding: 92.1 million total outstanding 110.5 million fully diluted Market capitalization: ~$19 million 28.5 million Series A Preferred shares (TSXV: MONT.PR.A) 0.5 million Series C Preferred shares Common share warrants outstanding: 2.5
Slide 19: Investment Highlights
Investment Highlights ● Deep industry expertise across management: + 40 years of specialty lending ● Proprietary technology: origination platform developed over the past 6 years provides scalability and efficiency for increase in deal flow ● Diversified & Scalable: TIMIA, Pivot, Brightpath and Langh
Slide 20: Investor Contact
Investor Contact Tim McNulty / Darren Seed Incite Capital Markets (604) 398-8839 IR@ montfortcapital.com montfortcapital.com
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