Seraphim Space Investment Trust Plc Class C · LSE:SSIC
Seraphim Space Investment Trust Plc Class C — Shareholder Meeting (November 2024)
9 slides from Seraphim Space Investment Trust Plc Class C's shareholder meeting presentation, Nov 26, 2024
Slide 1: Seraphim Space Investment Trust plc AGM
seraphim space investment trust plc AGM – 26 November 2024 Overview of three months ended 30 September 2024
Slide 2: Headlines: three months to 30 September 2024
headlines three months to 30 September 2024 • Portfolio valuation change of £(3.1)m to £198.4m • USD increase post period results in portfolio valuation of £208.2m based on USD/GBP rate as of 22- Nov-24 (all else unchanged) • Portfolio fair value up at 103.1% of cost • One follow-on investment durin
Slide 3: Financial highlights as at 30 September 2024
financial highlights as at 30 September 2024 Share NAV per Market Net Portfolio price share capitalisation assets valuation NAV per share 53.7p 93.96p £ 127m £ 223m £ 198m 30-Jun-24: 54.6p 30-Jun-24: 96.18p 30-Jun-24: £130m 30-Jun-24: £228m 30-Jun-24: £201m 200 200 SSIT share price vs. various indic
Slide 4: Q1 FY24/25 investments
q1 fy24/25 investments Investments made during the period Company Segment HQ Type Cost £m ALL.SPACE Downlink UK Follow-on 3.8 Total 3.8 1 0 £3.8m Transactions completed New investments Cash deployed
Slide 5: Q1 FY24/25 divestments
q1 fy24/25 divestments A partial divestment of Astroscale was completed in the period, with £3.0m in proceeds being received by the Company
Slide 6: Recent key portfolio developments
recent key portfolio developments ICEYE ALL.SPACE Won a five-year contract with NASA to Announced $44m fundraising provide data from its satellites to led by BOKA Group with support NASA's Earth Science participation by Seraphim. Division. Appointed Paul McCarter as Announced a multi-satellite deal
Slide 7: Recent key portfolio developments (cont…)
recent key portfolio developments (cont…) AST SpaceMobile Astroscale Launched and successfully Signed MOU with Airbus Defence deployed its first five commercial and Space to collaborate on on-orbit satellites. servicing mission in the UK. Secured Y13.2bn (c.$87m) contract with JAXA for a debris remo
Slide 8: Portfolio as at 30 September 2024
portfolio as at 30 September 2024 net asset value Summary by value Company FV (£m) % of NAV ICEYE 45.0 20.2% D-Orbit 32.6 14.6% stage2 ecosystem3 ALL.SPACE 26.5 11.9% HawkEye 360 20.4 9.2% Build LeoLabs 12.2 5.5% Seedcorn Launch SatVu 11.2 5.0% Minicorn Platform Downlink AST SpaceMobile 8.6 3.9% Soo
Slide 9: Q1 FY24/25 review and outlook for rest of FY24/25
Q1 fy24/25 review • SpaceTech has now seen five quarters of growth on a trailing twelve months basis, culminating in $8.8bn in Q3 CY24. • One of the most notable developments in Q2 CY24 was that, for the first half of the year, Chinese SpaceTech investment surpassed that of the US. In Q3 CY24, this
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