Zentra Group Plc · AQUIS:ZNT
Zentra — One Heritage Group — H1 2023 Earnings Presentation
18 slides from Zentra's earnings presentation, Apr 4, 2023
Slide 1: Interim Results Presentation for the six months to 31 December 2022
One Heritage Group Plc LONDON STOCK EXCHANGE Main Market INTERIM RESULTS PRESENTATION Epic: OHG for the six months to 31 December 2022 MARKET CAP £6.4 m 04 APRIL 2023 CORRECT Noon 03 April 2023 Presented by Jason Upton Anthony Unsworth Chief Executive Officer Chief Financial Officer
Slide 2: One Heritage Group Plc
One Heritage Group Plc One Heritage Group is a property development and management company. We focus on the residential sector primarily in the North of England. Seeking out value to maximise opportunities for our investors
Slide 3: Strategic Priorities
One Heritage Group Plc Strategic Priorities Delivery Successfully deliver our development projects. Sales Secure sales for our properties under construction. Revenue Increase revenue generated through the Group’s services Pipeline Grow the pipeline of new development opportunities. Interim Results A
Slide 4: Our Business Model
One Heritage Group Plc Our Business Model DEVELOPER OVERSEAS Development profits SALES NETWORK • 115 Units Complete • 41 Units Under Construction • 69 Units Pre-Construction • £38.5m Net Revenue DEVELOPMENT MANAGER Management Fee & Profit Share PROPERTY SERVICES • 42 Units Completed Co-Living Servic
Slide 5: Developer
One Heritage Group Plc Developer Completion Completion Completed 2024 H1 2023 £10m* £6.2m £3.9m £3.0m £3.1m £5.6m £6.5m Lincoln House Oscar House Bank Street St Petersgate Churchgate Seaton House Victoria Road Location: Manchester Stockport Leicester Stockport Eccleshill, Yorkshire Sheffield Type: C
Slide 6: Development Manager
One Heritage Group Plc Development Manager £4.4m £7.8m £37m £164m Former Oldham North Church House One Victoria One Heritage Tower County Court Location: Oldham Sheffield Manchester Manchester Type: Conversion Conversion New build New build Units: 42 residential 58 residential 129 residential 542 re
Slide 7: Sales Status
One Heritage Group Plc Sales Status Reservations Net Units and Sales Revenue Oscar House, Manchester 27 27* £6.1m Lincoln House, Bolton 88 56 £5.8m Bank Street, Sheffield 23 20 £3.4m St Petersgate, Stockport 18 18 £2.7m Churchgate, Leicester 15 Not Started - Seaton House, Stockport 30 Not Started -
Slide 8: Property Services
One Heritage Group Plc Property Services Property Co-Living Co-Living and Residential Sourcing Refurbishment Property Management Property Transactions £1000 - £5000 fee 5% of Cost 5. Property 39 Sourced 16 Completed Management Fees 34 Under Construction 3-10% of Rent 380+ Tenants 4. £100,000 Annual
Slide 9: Financials
One Heritage Group Plc Financials Interim Results April 2023
Slide 10: Performance
One Heritage Group Plc Performance *1 + Development sales £3.29m £m 31 Dec 2022 31 Dec 2021 Change % + In house construction £1.89m Revenue 5.75 0.15 5.60 3,758% + Property services £0.28m + Development management £0.23m Revenue – developments *1 5.75 0.15 5.60 3,758% + Corporate £0.06m Cost of sale
Slide 11: Balance Sheet
One Heritage Group Plc Balance Sheet *1 - Lincoln House £(1.4m) £m 31 Dec 2022 30 Jun 2022 Change + Oscar House £1.2m Non-current assets 0.33 0.38 (0.05) + Bank Street £0.7m Current assets + St Petersgate £0.8m Cash and cash equivalents 0.35 0.97 (0.62) + Seaton House £0.1m *12.74 + Victoria Road £1
Slide 12: Financial Review – Cash Flow
One Heritage Group Plc Financial Review – Cash Flow Interim Results April 2023
Slide 13: Financial Overview
One Heritage Group Plc Financial Overview Summary • Revenues £5.8m, up from £150k the previous year. • Operating loss £1.4m after an impairment of £1.1m million. • Net debt £17.7m, reflecting an increase in working capital. • Subscription with existing and new investors raised £1.25m. • The business
Slide 14: Strategic Priorities
One Heritage Group Plc Strategic Priorities Deliver our existing Secure pre-sales Increase revenue Grow the developments where we can through generated through development our sales network the Group’s pipeline services Interim Results April 2023
Slide 15: Outlook
One Heritage Group Plc Outlook • On track to deliver strong revenue for the FY2023 due to property completions • The business is expected to practically complete three further developments in H2 FY2023 • 4 Completed development projects expected in the FY2023 • Ongoing challenges and cost pressures
Slide 16: Contacts
One Heritage Group Plc Contacts Jason Upton Chief Executive Officer jason.upton@one-heritage.com Anthony Unsworth Chief Financial Officer anthony.unsworth@one-heritage.com www.oneheritageplc.com Interim Results April 2023
Slide 17: Disclaimer
One Heritage Group Plc Disclaimer For the purposes of this notice, this “presentation” shall include these slides and any question-and-answer session that follows oral briefings by representatives of One Heritage Group plc. This presentation is for information purposes only and is not intended to, a
Slide 18: www.oneheritageplc.com
www.oneheritageplc.com