Phenixfin Corporation · NASDAQ:PFX
Phenixfin — Medley Capital — Q3 FY2012 Earnings Presentation
10 slides from Phenixfin's earnings presentation, July 2012
Slide 1: Third Quarter Ended June 30, 2012 Investor Presentation
Third Quarter Ended June 30, 2012 Investor Presentation
Slide 2: Important Notice
Important Notice This presentation contains “forward looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, that are subject to risks and uncertainties. Actual outcomes and results could differ materially from those suggested by this presentation du
Slide 3: Financial & Portfolio Highlights
Financial & Portfolio Highlights Financial Highlights Q3-12 Q2-12 Q1-12 Q4-11 Q3-11 Q2-11 Net investment income per share $ 0.36 $ 0.31 $ 0.28 $ 0.26 $ 0.21 $ 0.10 Net realized gains (losses) - - - - - - Net unrealized gains (losses) (0.08) 0.03 (0.03) (0.03) 0.02 - Net income per share 0.28 0.34 0.
Slide 4: Select Financial & Portfolio Information
Select Financial & Portfolio Information As of and for the Three Months Ended 6/30/2012 3/31/2012 12/31/2011 9/30/2011 6/30/2011 3/31/2011 Net investment income per share - basic & diluted $ 0.36 $ 0.31 $ 0.28 $ 0.26 $ 0.21 $ 0.10 Net realized and unrealized gains per share - basic & diluted (0.08)
Slide 5: Balance Sheet
Balance Sheet As of 6/30/2012 3/31/2012 12/31/2011 9/30/2011 6/30/2011 3/31/2011 ASSETS (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) Investments at fair value Non-control/non-affiliate investments $ 355,035,060 $ 260,364,140 $ 198,238,921 $ 153,385,565 $ 98,541,136 $ 59,273,
Slide 6: Portfolio Summary as of June 30, 2012
Portfolio Summary as of June 30, 20121 Portfolio by Issuer 6% 1% 5% 2% 2% Applied Natural Gas Fuels, Inc. Geneva Wood Fuels LLC 3% 3% Bennu Glass, Inc. Aurora Flight Sciences Corporation 5% Velum Global Credit Management LLC Allied Cash Holdings LLC 6% Water Capital USA, Inc. BayDelta Maritime LLC S
Slide 7: Performance Since IPO
Performance Since IPO Consistent quarterly dividend growth ($0.36 for quarter ending 6/30/12) Diversified portfolio with no assets on non-accrual and a weighted average loan-to-value (through MCC’s debt) of 47.5% 14.3% portfolio yield as of 6/30/121 FY Q3 2012 investment originations of $67.
Slide 8: Performance Since IPO ($ millions)
Performance Since IPO Dividend Growth Portfolio Growth $0.40 $400.0 $0.35 $350.0 $0.30 $300.0 $0.25 $250.0 ($ millions) $0.20 $200.0 $0.36 363.1 $0.15 $0.31 $150.0 306.3 $0.28 1 $0.25 248.7 $0.10 $0.21 $100.0 199.2 $0.16 144.7 $0.05 $50.0 105.4 84.8 $0.00 $0.0 3/31/11 6/30/11 9/30/11 12/31/11 3/31/1
Slide 9: Transaction & Backlog Summary
Transaction & Backlog Summary Pricing 1 2 Deal Sector Security $Amount Fixed/Floating Tenor Yield Closed in Q1 FY12 Renaissance Learning, LLC Healthcare, Education and Childcare Senior - 1st/2nd lien $4.8 Floating 6.4 years 10.9% Hoffmaster Group, Inc. Personal & Nondurable Consumer Products Senior
Slide 10: Corporate Information
Corporate Information Board of Directors Corporate Officers Research Coverage Corporate Counsel BROOK TAUBE BROOK TAUBE CITIGROUP GLOBAL MARKETS MORRISON & FOERSTER, LLP Chairman & Chief Executive Officer Chairman & Chief Executive Officer Donald Fandetti - (212)-816-2971 New York, NY ANDREW FENTRES