Phenixfin Corporation · NASDAQ:PFX
Phenixfin — Medley Capital — Q4 2013 Earnings Presentation
11 slides from Phenixfin's earnings presentation, December 2013
Slide 1: Quarter Ended September 30, 2013 Investor Presentation
Quarter Ended September 30, 2013 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 Q4-13 Q3-13 Q2-13 Q1-13 Q4-12 Net investment income per share $ 0.41 $ 0.37 $ 0.36 $ 0.39 $ 0.36 Net realized gains (losses) $ - $ - $ 0.01 $ 0.01 $ (0.01) Net unrealized gains (losses) $ 0.02 $ (0.27) $ 0.03 $ (0.01) $ 0.02 Net income per share
Slide 4: Select Financial & Portfolio Information
Select Financial & Portfolio Information As of and for the Three Months Ended (dollars in millions, except per share data) 9/30/2013 6/30/2013 3/31/2013 12/31/2012 9/30/2012 Net investment income per share - basic & diluted $ 0.41 $ 0.37 $ 0.36 $ 0.39 $ 0.36 Net realized and unrealized gains per sha
Slide 5: Balance Sheet
Balance Sheet (dollars in thousands, except per share data) 9/30/2013 6/30/2013 3/31/2013 12/31/2012 9/30/2012 ASSETS (Audited) (Unaudited) (Unaudited) (Unaudited) (Audited) Investments at fair value Non-control/non-affiliate investments $ 740,097 $ 677,351 $ 585,282 $ 512,261 $ 393,741 Affiliate in
Slide 6: Portfolio by Issuer as of September 30, 2013
Portfolio by Issuer as of September 30, 2013 4% 3% Top 20 Investments: 53% 3% Lexmark Carpet Mills, Inc. 3% RCS Management Corporation & Specialized Medical Services, Inc Water Capital USA, Inc. 3% Ingenio Acquisition LLC ARBOC Specialty Vehicles LLC 3% Harrison Gypsum LLC U.S. Well Services, LLC Re
Slide 7: Portfolio Diversification as of September 30, 2013
Portfolio Diversification as of September 30, 2013 Industry Diversification Geographic Diversification Industry Percentage Region (Based on corporate headquarters) Percentage Personal, Food and Miscellaneous Services 9.7% Midwest US 30.9% Healthcare, Education and Childcare 8.6% Western US 24.3% Bus
Slide 8: Performance Overview
Performance Overview Consistent quarterly dividend ($0.37 per share for quarter ending 9/30/13) Diversified portfolio with weighted average loan-to-value of 57.5% through MCC’s debt 13.8% portfolio yield as of 9/30/131 FY Q4 2013 gross investment originations of $106.0 million Completed 6.
Slide 9: Performance Since IPO
Performance Since IPO Portfolio Growth $800.0 $749 $700.0 $686 $600.0 $594 $500.0 $521 ($ millions) $400.0 $402 $363 $300.0 $306 $249 $200.0 $199 $145 $100.0 $105 $85 $0.0 Investments at Fair Value Page 9
Slide 10: Transaction & Backlog Summary
Transaction & Backlog Summary 1 2 Deal Sector Security $Amount Fixed/Floating Tenor Yield Closed in Q4 FY13 NCM Demolition and Remediation LP Buildings and Real Estate Senior - 1st lien $ 19.3 Floating 5.0 years 13.9% Lydell Jewelry Design Studio LLC Personal and Nondurable Consumer Products Senior
Slide 11: Corporate Information
Corporate Information Board of Directors Corporate Officers Research Coverage Corporate Counsel BROOK TAUBE BROOK TAUBE BARCLAYS CAPITAL INC. SUTHERLAND ASBIL & BRENNAN Chairman & Chief Executive Officer Chairman & Chief Executive Officer Mark C. DeVries – (212)-526-9484 LLP Washington, DC ANDREW FE