Flow Capital Corp. · CSE:FW
Flow Capital — Grenville Strategic Royalty — Q4 2017 Earnings Presentation
13 slides from Flow Capital's earnings presentation, Feb 15, 2018
Slide 1: Grenville Strategic Royalty Corp. Q4 2017 Update
TSXV: GRC TSXV: GRC Grenville Strategic Royalty Corp. Three Months Ended December 31, 2017 2017 Q4 Update Quarter Ended March 31, 2016 February 15, 2018 Q4 2017 Update │February 15, 2018 Grenville Strategic Royalty Corp. was recognized as a TSX Venture 50TM company in 2016. TSX Venture 50 is a trade
Slide 2: Forward Looking Information
FORWARD LOOKING INFORMATION TSXV: GRC This corporate presentation contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor pro
Slide 3: Grenville Strategic Royalty Corp.
GRENVILLE STRATEGIC ROYALTY CORP. TSXV: GRC » Leading royalty investor focused on funding small and medium sized public and private businesses across Canada and the U.S. Leading Royalty » Non-dilutive capital servicing gap between traditional debt and equity sources of capital Investor » Target payb
Slide 4: Financial Highlights
FINANCIAL HIGHLIGHTS TSXV: GRC Three months ended December 31, 2017 Financial Highlights » Q4 Royalty Payment and Interest Income of $1,133,229 down 28% compared to $1,573,171 in the same quarter in 2016 » Adjusted Q4 EBITDA(1) of $65,313 compared to $699,407 in the same quarter in 2016 » Free Cash
Slide 5: Financial Snapshot
FINANCIAL SNAPSHOT TSXV: GRC Key Financial Metrics » Positive EBITDA(1) since the start of 2015 on the back of a diversified portfolio. » Positive Cash Flow(1) since Q2 2016 except for one quarter (Q4 2016) Q4 2017 Q3 2017 Q2 2017 Q1 2017 Q4 2016 Q3 2016 Q2 2016 Q1 2016 Revenue Royalty payment incom
Slide 6: Core Revenues
CORE REVENUES TSXV: GRC Quarterly Revenue » The Core of the portfolio’s revenue stream, Royalty and Interest payment income slightly decreased for Q4 2017 » $1.1 million of royalty and interest payment income represents 28% decrease year-over-year in Q4. » $349,745 of royalty and interest income in
Slide 7: EBITDA and Free Cash Flow
EBITDA and Free Cash Flow TSXV: GRC Adjusted EBITDA and Free Cash Flow » Adjusted EBITDA(1) of $65,303 compared to $699,407 in Q4 2016 » Free Cash Flow(1) of $701,050 compared to $(170,073) in Q4 2016 » Positive Free Cash Flow(1) for each quarter since Q2 2016 except for one quarter (Q4 2016). EBITD
Slide 8: Portfolio Highlights
PORTFOLIO HIGHLIGHTS TSXV: GRC Portfolio Activity for Q4 2017 » Total investment of $829,665 for Q4 2017 » $6.0 million of investments made from the start of 2017 to today. » $70.0 million invested since inception to today. » Portfolio has generated cash inflows of $43.9 million up to the end of Dec
Slide 9: Portfolio Cash Returns
PORTFOLIO CASH RETURNS TSXV: GRC Portfolio Payback By Company, December 2017 Aquam 376% Wmode 314% Pliteq 200% Above Security 188% 4Tell 170% DS Handling 165% INOVx 127% Blue Drop 105% Mera 88% Interior Mark 73% Expert Homes 68% TruGolf 66% Manifest 61% Westlake 57% One Up 57% Cherubim 47% Switch Vi
Slide 10: Portfolio Diversification
PORTFOLIO DIVERSIFICATION TSXV: GRC Fine-tuning the strategy Performance by Sector » Portfolio diversified across the industrial, industrial tech, tech, retail, and services sectors » Top performers all higher growth companies located in the tech, industrial tech sectors » Service-sector companies r
Slide 11: Historical Balance Sheet
HISTORICAL BALANCE SHEET TSXV: GRC Q4 2017 Q3 2017 Q2 2017 Q1 2017 Q4 2016 Q3 2016 Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q2 2015 Q1 2015 Q4 2014 (Audited) (unaudited) (unaudited) (unaudited) (audited) (unaudited) (unaudited) (unaudited) (audited) (unaudited) (unaudited) (unaudited) (audited) Assets Curren
Slide 12: Historical Income Statement
HISTORICAL INCOME STATEMENT TSXV: GRC As of Q42017 Q32017 Q2 2017 Q1 2017 Q4 2016 Q3 2016 Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q2 2015 Q1 2015 (audited) (unaudited) (unaudited) (unaudited) (audited) (unaudited) (unaudited) (unaudited) (audited) (unaudited) (unaudited) (unaudited) Quarterly Operating Resu
Slide 13: Contact Us
CONTACT US TSXV: GRC For more information, please contact: Steve Parry CEO Phone: (416) 777-0322 Cell: (647) 295-6848 Email: steve@grenvillesrc.com Robb McLarty Managing Director Phone: (416) 777-0383 Cell: (805) 453-3699 Email: robb@grenvillesrc.com Donnacha Rahill CFO Phone: (416) 477-2601 Email:
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