Alantra Partners Sa · BME:ALNT
Alantra Partners Sa — FY2022 Earnings Presentation
30 slides from Alantra Partners Sa's earnings presentation, February 2023
Slide 1: 2022 FY results presentation
2022 FY results presentation February 2023
Slide 2: Index
Index 1. Group highlights 2. Highlights by division 3. Annex Private and Confidential 2
Slide 3: 1. Group highlights
1. Group highlights ALANTRA
Slide 4: Executive summary
Group highlights 1. Executive summary ▪ Net revenues reached €233.8 Mn, a decrease of 25.8% vs 2021 (the firm’s record year) and an increase of 31.4% and 9.1% vs. 2020 and 2019 respectively ▪ Investment Banking revenues decreased by 29.7% to €145.1 Mn, in line with the fall of the global M&A volume
Slide 5: Evolution of key figures
Group highlights 2. Evolution of key figures Net revenues (€Mn) Net Profit Attributable to parent (€Mn) Cash and cash equivalents & monetary fund (€Mn)1,2 Shareholders’ equity *Figures gross of variable retribution and dividend payments* 1,2 and no financial leverage Private and Confidential 1) €133
Slide 6: Simplified consolidated P&L
Group highlights 3. Simplified consolidated P&L ▪ Net revenues reached €233.8 Mn (-25.8% YoY) ▪ Investment Banking revenues decreased by 29.7% to €145.1 Mn, in line Total Total with the fall of the global M&A volume (-38.8% YoY1) Group 1 Group 1 ▪ Net revenues from Credit Portfolio Advisory increase
Slide 7: Key financials by segment
Group highlights 4. Key financials by segment 2021 and 2022 net revenues by segment (€Mn) 2022 attributable net profit by segment (€Mn) Inner circle (2021) 2022: €233.8 Mn (Variation vs. 2021) Outer circle (2022) 2021: €315.2 Mn 0% 15% 18% IB 1% CPA (-28.5%) 23% 16% (-41.2%) AM 65% 62% Others ▪ Inve
Slide 8: Balance sheet as of 31st December 2022
Group highlights 5. Balance sheet as of 31st December 2022 in € Mn 31-Dec-22 31-Dec-21 Δ% Non-current assets 319.0 307.0 3.9% Non-current financial assets 132.6 149.9 (11.6%) At a fair value with changes in proft 36.8 59.4 (37.9%) At a fair value with changes in other comprehensive income 83.4 77.7
Slide 9: 2. Highlights by division
2. Highlights by division ALANTRA
Slide 10: 2.1 Investment Banking highlights
2.1 Investment Banking highlights 10
Slide 11: Key activity highlights (i)
IB 1. Key activity highlights (i) 2022 IB deals by type 2022 IB deals by sector 2022 M&A cross-border deals Inner circle (2021) Outer circle (2022) Technology 4% 7% 8% M&A 6% Industrials 6% 4% 12% 30% 13% 27% 18% 16% Consumer & Retail 48% 46% Debt Advisory 54% 52% 12%12% Healthcare Strategic Advisor
Slide 12: Key activity highlights (ii)
IB 1. Key activity highlights (ii) Activity highlights corporate finance Activity highlights capital markets 137 -26.3% vs. 2021 €8.5 Bn -51.8% vs. 2021 Singer CM1 Deals advised in 2022 Transacted in M&A in 2022 10.6% trading share on AIM, ranking Singer among the top 3 brokers by both 2022 value an
Slide 13: 2.2 Credit Portfolio Advisory highlights
2.2 Credit Portfolio Advisory highlights 13
Slide 14: Key activity highlights
CPA 1. Key activity highlights Activity highlights: Selected credentials: Deals advised 2022 (#) 2022 2022 2022 59 59 Sell-side advisory Securitization Securitization 34 (TV: €2.4 billion) (TV: €2.7 billion) (TV: €2.2 billion) Advisor to Alpha Bank on the Advisor to Piraeus on the Advisor to UniCred
Slide 15: 2.3 Asset Management highlights
2.3 Asset Management highlights 15
Slide 16: Key activity highlights
AM 1. Key activity highlights Launch of new ventures Market recognition Alantra Solar EQMC fund has been named one of EMEA’s top ▪ Alantra partners with Solarig, as well as Reichmuth and Amundi performing European Equity Funds Energy Transition as Co-Investors, to launch a 1.9 GW photovoltaic invest
Slide 17: Fee earning assets of €15.8 Bn from Alantra and its strategic partnerships
2. Fee earning assets of €15.8 Bn from Alantra and its strategic AM partnerships Fee-earning assets from strategic 31st December 2022 Fee-earning AuM from consolidated businesses (€Mn) partnerships (€Mn)1 (+100.6%) (-6.9%) (-10.1%) (-12.4%) (-26.8%)2 Private and Confidential 1) Strategic partnership
Slide 18: 2.4 Strategic Partnerships
2.4 Strategic Partnerships 18
Slide 19: Activity highlights
Strategic partnerships 1. Activity highlights Alternative Asset Management Access Capital Partners1: ▪ Alantra completed the acquisition of an additional 24.5% stake in pan European asset manager Access Capital Partners, increasing the overall stake to 49%. The stake was acquired from OP Financial G
Slide 20: 2.5 New divisions
2.5 New divisions 20 ALANTRA
Slide 21: Alantra launches Alantra Technology and Energy Transition Group
1. Alantra launches Alantra Technology and Energy Transition Strategic partnerships Group Alantra has launched two new transversal business lines in order to respond to two macro-global trends: digitalization and energy transition Alantra Technology Energy Transition Group Alantra’s Innovation & Tec
Slide 22: 3. Annex
3. Annex 22 ALANTRA
Slide 23: Consolidated income statement as of 31st December 2022
Annex I. Consolidated income statement as of 31st December 2022 Thousands of Euros 12/31/2022 12/31/2021 dif. % Net Income Investment Banking 145,080 206,515 (29.7%) Credit Portfolio 54,223 51,463 5.4% Asset management 33,657 55,362 (39.2%) Management fees 32,880 29,449 11.6% Success fees 777 25,913
Slide 24: Consolidated balance sheet as of 31st December 2022
Annex II. Consolidated balance sheet as of 31st December 2022 ASSETS LIABILITIES AND EQUITY Thousands of Euros 12/31/2022 12/31/2021 Thousands of Euros 12/31/2022 12/31/2021 NON-CURRENT ASSETS 318,793 307,030 NON-CURRENT ASSETS 318,793 307,030 EQUITY 374,065 363,250 Intagible assets 66,181 67,480 In
Slide 25: Consolidated 2022 FY income statement by segment
Annex III. Consolidated 2022 FY income statement by segment Asesoramiento en Asesoramiento en operaciones corporativas y operaciones de carteras de mercado de capitales créditos Gestión de Activos Estructura Cartera Resto Ajustes de consolidación Total Grupo Total Grupo 12/31/2022 12/31/2021 12/31/2
Slide 26: Glossary (i)
Annex IV. Glossary (i) Identified business segments “Business Segments” refer to each operating segment or component identified and classified as such by Alantra that (a) engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to tr
Slide 27: Glossary (ii)
Annex IV. Glossary (ii) “Fee Business” is defined as the group or aggregate of the Investment Banking, Credit Portfolio Advisory, Asset Management and Structure segments which, as a whole, are referred to as the service provision businesses, whether those services be financial advisory or management
Slide 28: Glossary (iii)
Annex IV. Glossary (iii) “Recurring Net Profit”. The profit derived from the Group's recurring or ordinary activities, i.e., that generated by the Investment Banking, Credit Portfolio Advisory, Asset Management and Portfolio segments. ▪ Recurring Net Profit is the sum of Fee Business Net Profit and
Slide 29: Disclaimer
Disclaimer Alantra Partners, S.A. publishes this presentation solely and exclusively for information purposes. This presentation does not constitute an offer to subscribe, buy or sell securities issued by Alantra Partners, S.A., or any other securities in any jurisdiction. Any information and foreca
Slide 30: Contact
Contact María Álvaro Investor Relations Tel.: +34 917 458 484 investors@alantra.com I www.alantra.com Private and Confidential 30