Omni Bridgeway Ltd · ASX:OBL
Omni Bridgeway — IMF Australia — FY2012 Earnings Presentation
11 slides from Omni Bridgeway's earnings presentation, August 2012
Slide 1: Investor Presentation August 2012
INVESTOR PRESENTATION AUGUST 2012
Slide 2: Contents
CONTENTS FY2012 Highlights FY2012 Income Balance Sheet Dividend History Investment Portfolio Possible Completions FY2013 Track Record Client Group Future Outlook 2
Slide 3: FY2012 Highlights
FY2012 HIGHLIGHTS IMF’s performance continues to improve and it has delivered its highest profit since inception: FY2011 FY2012 % Gross Income (from cases) $57.9M $117.8M 104% Net Income (from cases) $38.0M $70.5M 86% NPBT $32.8M $61.4M 88% NPAT $22.9M $43.0M 88% Dividend (cents per share) 1
Slide 4: FY2012 Income
FY2012 INCOME 9 cases were finalised in FY 2012 Matter Gross Income Net Income Centro $62.0M $41.8M Transpacific Industries $13.0M $10.5M National Potato $14.5M $9.7M Babcock and Brown $7.3M $5.9M Uniloc $7.3M $3.6M Thomson Playford $4.6M $3.3M Credit Corp $4.4M $1.4M Centrex $1.9M $1.4M Others $2.8
Slide 5: Balance Sheet Strength
BALANCE SHEET STRENGTH Cash Investments¹ Net Assets $M $M $M $66.00 $111.70 $62.40 $59.63 $61.24 $87.19 $55.01 $51.64 $72.54 $67.23 $64.78 $42.99 $40.49 $32.28 $28.12 FY08 FY09 FY10 FY11 FY12 FY08 FY09 FY10 FY11 FY12 FY08 FY09 FY10 FY11 FY12 ¹ Investments includes capitalised overheads relating to t
Slide 6: Dividend History
DIVIDEND HISTORY Average of 10 cents per share paid to shareholders over the last 5 years: Date Cents per share FY2007 3 Un-franked FY2008 5 Fully franked FY2009 15 Fully franked FY2010 5 Fully franked FY2011 15 Fully franked FY2012 10 Fully franked 6
Slide 7: Investment Portfolio
INVESTMENT PORTFOLIO Est. No % of Expected Expected Expected Claim Value Claim of Total Completion Completion Completion Range Value* Cases Value FY2013 FY2014 FY2015 <$10M $10.0M 2 1% $5.0M - $5.0M $10M - $50M $288.0M 13 23% $70.0M $98.0M $120.0M >$50M $935.0M 10 76% $510.0M $275.0M $150.0M Total P
Slide 8: Possible Completions FY2013
POSSIBLE COMPLETIONS FY2013 Matter Description Lehmans The trial in this matter is now completed. Judgment is expected. LGFS Trial concluded. Judgment is expected. Uniloc Further income is expected as Uniloc pursues other patent infringers. Westgem Court decision on receiver’s case expected. Bank Fe
Slide 9: Track Record
TRACK RECORD IMF’s track record to 30 June 2012 Summary 137 cases commenced and completed since listing. Generated revenue of $1.2B: $800M to Clients; $400M to IMF comprising: ‾ $130M reimbursement of costs; ‾ $270M net revenue to IMF (excluding overheads); Gross ROI of 310%. Average inv
Slide 10: Client Group
CLIENT GROUP Team of 8 IT and client liaison staff based in Perth. Significant investment in bespoke “OCA” system over 10 years. OCA (online client administration ) is our multi party case management system. Tracks claims from registration, through proof of claim and loss calculation, to set
Slide 11: Future Outlook
FUTURE OUTLOOK Australia Building the investment portfolio (Wivenhoe, others). Increased marketing activities. Competition. Regulation. Taking funding international Expansion into the United States Bentham Capital and Ralph Sutton. Cost approximately $1M pa + case investment costs. T