Alantra Partners Sa · BME:ALNT
Alantra Partners Sa — FY2024 Earnings Presentation
22 slides from Alantra Partners Sa's earnings presentation, March 2025
Slide 1: FY2024 results presentation
FY2024 results presentation March 2025
Slide 2: Index
Index 1. Group highlights 2. Financial Advisory 3. Asset Management 4. Annex Private and confidential 2
Slide 3: 1. Group highlights
1. Group highlights ALANTRA
Slide 4: 2024 Key figures
Group highlights 1. 2024 Key figures Revenues Expenses Net Profit Balance Sheet €179.8mn €137.7mn €7.1mn €121.0mn2 (+1.1% YoY) (-6.1% YoY) (+39.5% YoY) Cash and cash equivalents Fixed Personnel expenses €146.6mn (+5.7% YoY) €2.0mn and Other OPEX Financial Advisory1 revenues Fee Business €48.6mn €33.
Slide 5: Simplified consolidated P&L
Group highlights 2. Simplified consolidated P&L Total Total (€mn) Group Group 2023 2024 Δ YoY (%) ▪ The Group’s FY2024 net revenues stood at €179.8mn (1.1% Financial Advisory 138.6 146.6 5.7% YoY). Investment Banking 104.6 107.2 2.5% ▪ Financial Advisory revenues reached €146.6mn (+5.7%). Credit Por
Slide 6: Consolidated Balance Sheet as of 31 December 2024
Group highlights 3. Consolidated Balance Sheet as of 31 December 2024 in €mn 31/12/2023 31/12/2024 Non-current Asset 315.2 275.4 Non-current financial assets 126.0 38.3 At fair value with changes in profit 33.2 30.3 At fair value with changes in other comprehensive 80.1 1.8 income1 At amortized cost
Slide 7: 2. Financial Advisory
2. Financial Advisory ALANTRA
Slide 8: The market
Financial Advisory 1. The market ▪ Market conditions in 2024 remained challenging for the third consecutive year, with continued headwinds in both M&A and Capital Markets activity. ▪ The modest improvement in deal activity was driven by the gradual correction of monetary and inflationary conditions,
Slide 9: Business Performance
Financial Advisory 2. Business Performance ▪ Alantra closed 195 deals in 2024 (compared to 196 in 2023), with 79 of these deals completed in Q4. These figures are in line with last year’s subdued activity. ▪ Alantra’s continued efforts to enhance integration and cross-office collaboration have enabl
Slide 10: 3. Asset Management
3. Asset Management 10 ALANTRA
Slide 11: The market
Asset Management 1. The market ▪ Adverse market conditions continued to weigh on the Alternative Asset Management industry, affecting both fundraising and exits. ▪ Global fundraising has declined for three consecutive years, down 22% YoY and c.40% since 2021, at an annualized rate of -12%. Despite t
Slide 12: Performance
Asset Management 2. Performance Distributed to investors in Net FAUM growth1 Invested in FY20241 FY20241 +€279mn €402mn €293mn Fee-earning and advisory assets from 31 December 2024 FAUM and total AuM from consolidated businesses (€mn) strategic partnerships (€mn)2 13.900 442 539 348 2.642 2.482 1.15
Slide 13: Asset Management Revenues
Asset Management 3. Asset Management Revenues ▪ Despite the challenging fundraising environment, Alantra’s management fees grew by 7.0%, to €32.2mn, supported by a €279mn increase in FAUM ▪ However, the exit cycle in several vehicles and the unfavorable market conditions led to a drop in performance
Slide 14: 4. Annex
4. Annex 14 ALANTRA
Slide 15: Consolidated FY2024 income statement
Annex I. Consolidated FY2024 income statement as of 31 December 2024 Thousands of Euros 31/12/2023 31/12/2024 Var. % Net Income Financial Advisory 138,612 146,551 5.7% Investment Banking 104,617 107,249 2.5% Credit Portfolio 33,995 39,302 15.6% Asset management 38,207 33,144 (13.3%) Management fees
Slide 16: Consolidated balance sheet as of December 2024
Annex II. Consolidated balance sheet as of 31 December 2024 Total Assets Liabilities and Equity Thousands of Euros 31/12/2023 31/12/2024 Thousands of Euros 31/12/2023 31/12/2024 EQUITY 361,620 316,900 NON-CURRENT ASSETS 315,167 275,388 EQUITY ATTRIBUTABLE TO THE PARENT ENTITY 282,372 286,874 Intagib
Slide 17: Consolidated FY2024 income statement by segment
Annex III. Consolidated FY2024 income statement by segment Corporate finance Financial Institutions Consolodisation advisory & capital Asset Management Structure Portfolio Rest Group Total Group adjustments markets 31/12/2023 31/12/2024 31/12/2023 31/12/2024 31/12/2023 31/12/2024 31/12/2023 31/12/20
Slide 18: Glossary (i)
Annex III. Glossary (i) Identified business segments “Business Segments” refer to each operating segment or component identified and classified as such by Alantra that (a) engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to t
Slide 19: Glossary (ii)
Annex III. Glossary (ii) “Fee Business” is defined as the group or aggregate of the Investment Banking, Financial Institutions Group, Asset Management and Structure segments which, as a whole, are referred to as the service provision businesses, whether those services be financial advisory or manage
Slide 20: Glossary (iii)
Annex III. Glossary (iii) “Recurring Net Profit”. The profit derived from the Group's recurring or ordinary activities, i.e., that generated by the Investment Banking, Financial Institutions Group, Asset Management and Portfolio segments. ▪ Recurring Net Profit is the sum of Fee Business Net Profit
Slide 21: Disclaimer
Disclaimer Alantra Partners, S.A. publishes this presentation solely and exclusively for information purposes. This presentation does not constitute an offer to subscribe, buy or sell securities issued by Alantra Partners, S.A., or any other securities in any jurisdiction. Any information and foreca
Slide 22: Contact
Contact Yago Sánchez-Reig & Ignacio Valera Investor Relations Tel.: +34 917 458 484 investors@alantra.com I www.alantra.com Private and confidential 22