Salter Brothers Emerging Companies Ltd. · ASX:SB2
Salter Brothers Emerging Companies — Investor Presentation (September 2024)
12 slides from Salter Brothers Emerging Companies's investor presentation, Sep 30, 2024
Slide 1: Reporting Season Review
For personal use only SALTER BROTHERS RESEARCH REPORTING SEASON REVIEW SEPTEMBER 2024 S A LT E R B R OT H E R S . CO M . AU
Slide 2: Disclaimer
SALTER BROTHERS RESEARCH DISCLAIMER Important – General information and disclaimer Unless otherwise stated, statements made in this document are made Any investment contemplated by this document, including investment only as at the date of this document. The information in this document in SB2, is s
Slide 3: Agenda
SALTER BROTHERS RESEARCH AGENDA › Executive Summary. For personal use only › Overview of reporting season. › Salter Brothers Investment Process. › Salter Brother Reporting Season Process. › Summary of key holdings results. › Portfolio Metrics. S A LT E R B R OT H E R S | R EP O RT I N G S E A S O N
Slide 4: Executive Summary
SALTER BROTHERS RESEARCH EXECUTIVE SUMMARY › Salter Brothers is a global fund manager with over A$3.5B of group assets under management. For personal use only › Salter Brothers Emerging Companies Limited (ASX–SB2) is a listed investment company (LIC) dedicated to investing in small cap Australian co
Slide 5: FY2024 Reporting Season Summary
SALTER BROTHERS RESEARCH FY2024 REPORTING SEASON SUMMARY › The market typically looks to the August reporting season for a bottom-up view on markets for the For personal use only year ahead. › The recent reporting season was overshadowed by macroeconomic factors which diluted any major bottom-up the
Slide 6: Performance
SALTER BROTHERS RESEARCH PERFORMANCE ASX Emerging Performance Summary # SB2 Companies Index* Difference For personal use only 1 Month -0.47% 1.85% -2.32% 3 Months 8.47% -1.80% 10.27% 12 Months 16.59% 5.91% 10.68% Inception p.a* 2.45% 0.20% 2.25% Inception* 8.20% 0.66% 7.54% # Performance numbers cal
Slide 7: Overview of Research Process
SALTER BROTHERS RESEARCH OVERVIEW OF RESEARCH PROCESS Investment sourcing › The manager leverages a large network of financial advisors, brokers, For personal use only industry experts and operational partners to source new opportunities. Further, comprehensive quantitative screens are consistently
Slide 8: SB2 Reporting Season Process
SALTER BROTHERS RESEARCH SB2 REPORTING SEASON PROCESS › Small cap reporting season begins in July for many small- AiMedia Share Price (28/8 – 30/8) caps as they release their fourth-quarter cashflows and For personal use only unaudited trading results for the full financial year. This is followed by
Slide 9: Three Key Portfolio Holdings Results
SALTER BROTHERS RESEARCH THREE KEY PORTFOLIO HOLDINGS RESULTS For personal use only AAL – Alfabs CLG – Close the Loop AIM – AiMedia › Alfabs reported a strong FY24 › CLG’s met it’s FY24 guidance, › AIM’s headline revenue increased 7.1% result, with revenue of $96.4m and delivering $213m in revenue a
Slide 10: Top Holdings and Portfolio Metrics
SALTER BROTHERS RESEARCH TOP 5 HOLDINGS AND PORTFOLIO METRICS Top 5 Holdings Market Cap Sector Company Description 1. Ai-Media Technologies Ltd Business Provider of live and recorded captioning, transcription, subtitles, translation, and speech analytics $115m (ASX:AIM) Software using a proprietary,
Slide 11: Discount to NTA
SALTER BROTHERS RESEARCH DISCOUNT TO NTA Discount Comparison Steps to Narrow the NTA and Share Price Gap For personal use only › SB2 is currently trading at a ~37% discount to it’s $1.037 Post-Tax NTA as at 31 August 2024. 37% › SB2 has been very active throughout September with its share buyback pr
Slide 12: Contact Us
SALTER BROTHERS RESEARCH CONTACT US Gregg Taylor For personal use only Investment Director & Head of Equities E | gregg.taylor@salterbrothers.com.au Yossi Kraemer Co‑head Capital Partnerships & Director Funds Management E | yossi.kraemer@salterbrothers.com.au P | 03 9258 2100 E | info@salterbrothers
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