Omni Bridgeway Ltd · ASX:OBL
Omni Bridgeway — Euroz Conference March 2020
12 slides from Omni Bridgeway's conference presentation, March 2020
Slide 1: Euroz Conference March 2020
EUROZ CONFERENCE | MARCH 2020 Euroz Conference March 2020
Slide 2: Economic Climate Impact
EUROZ CONFERENCE | MARCH 2020 Economic Climate Impact OMNI BRIDGEWAY SHARE PRICE Fears of a COVID-19 pandemic have negatively impacted global share SARS Swine Flu markets with further falls experienced and expected. $5.00 During the SARS $4.50 outbreak in 2003, Topic Impact $4.00 Omni Bridgeway ’s $
Slide 3: FY2020 – more to come
EUROZ CONFERENCE | MARCH 2020 FY2020 – more to come AUD (millions) Balance sheet Fund 1 Funds 2&3 Fund 4 Fund 5 Fund 6 Total Recognised income Completed investments 37.9 42.8 12.7 29.5 - 8.7 131.6 Ongoing investments 12.3 7.1 0.5 - - - 19.9 Total income recognised to 31 December 2019 50.2 49.9 13.2
Slide 4: Fund Performance and Commitments
EUROZ CONFERENCE | MARCH 2020 Fund Performance and Commitments Conditionally funded and Completed investments Incomplete investments IC approved investments Number Deployed Number Deployed Committed amount (excl amount (excl amount Committed Commence overheads) overheads) A$m EPV amount Fund size da
Slide 5: Sources and Applications of Cash
EUROZ CONFERENCE | MARCH 2020 Sources and Applications of Cash 1HY 2020 2HY 2019 1HY 2019 2HY 2018 $m $m $m $m • IFRS reporting requires the deferral of income Cash generation until recovery is certain, and in some instances Proceeds from litigation funding – intangible assets 91.0 19.3 23.9 15.4 th
Slide 6: Funding Funnel
EUROZ CONFERENCE | MARCH 2020 Funding Funnel Funding applications continue to grow year on year as our geographic expansion takes hold. FUNDING APPLICATIONS ACTUAL AND BUDGETED FUNDING COMMITMENTS1 700 300 700 600 600 581 250 Deployed Investments (A$m) 500 516 500 Funds Committed (A$m) 467 458 200 4
Slide 7: Investment Portfolio Profile
EUROZ CONFERENCE | MARCH 2020 Investment Portfolio Profile • Past performance indicates that litigation funding investments have generated average gross revenue of approximately 15% of the EPV of the investment at the time it is completed. • For first generation funds, which include Funds 1, 2 & 3,
Slide 8: The future
EUROZ CONFERENCE | MARCH 2020 The future INTEGRATION Operations | Rebrand STRATEGY Business plan | Human resources FOOTPRINT Capital deployment | Cross selling | Alternative products TECHNOLOGY Artificial Intelligence GROWTH OPPORTUNITIES Corporates | Strong pipelines | Global coordination ONGOING R
Slide 9: Risk Mitigation
EUROZ CONFERENCE | MARCH 2020 Risk Mitigation Risk Potential impact Strategic response PORTFOLIO Potential for a funded case to be lost = OBL investment lost and • Deliberate transition from idiosyncratic risk to systemic risk of a portfolio CONCENTRATION exposure to adverse costs • Portfolio repres
Slide 10: Glossary of terms and notes
EUROZ CONFERENCE | MARCH 2020 Glossary of terms and notes ESTIMATED PORTFOLIO VALUE (EPV) EPV for an investment where the OBL funding entity earns a percentage of the resolution proceeds as a funding commission, is OBL’s current estimate of the claim’s recoverable amount after considering the percei
Slide 11: Disclaimer
EUROZ CONFERENCE | MARCH 2020 Disclaimer • The material in this presentation has been prepared by Omni Bridgeway (OBL) and is general background information about OBL's activities. The information is given in summary form and does not purport to be complete. • A number of terms used in this presenta
Slide 12: Office locations and contacts
EUROZ CONFERENCE | MARCH 2020 ASIA AUSTRALIA CANADA EUROPE, MIDDLE EAST & AFRICA UNITED STATES OF AMERICA Hong Kong Adelaide Perth Montreal Amsterdam Geneva Dubai Houston New York +852 3978 2629 +61 8 8122 1010 +61 8 9225 2300 +1 514 257 691 +31 (0) 70 338 4343 +41 (0) 22 818 +971 4321 0029 +1 713 9