Touch Ventures Ltd. · ASX:TVL
Touch Ventures — Shareholder Meeting (May 2023)
10 slides from Touch Ventures's shareholder meeting presentation, May 4, 2023
Slide 1: Chairman's Address and CEO's Presentation at the 2023 AGM
4 May 2023 ASX ANNOUNCEMENT Chairman’s Address and CEO’s Presentation at the 2023 Annual General Meeting Touch Ventures Limited (ASX:TVL) (Touch Ventures or Company) is pleased to release the Annual General Meeting Chairman’s Address and CEO presentation. For personal use only Chairman’s Address: Go
Slide 2: About Touch Ventures
Our CEO Hein Vogel will present to you following the business of the meeting which will provide some additional insight into our portfolio, our significant cash holdings and our forward-looking investment strategy. Mr Michael Jefferies Chairman -- ENDS – For personal use only About Touch Ventures Li
Slide 3: CEO's Update
For personal use only CEO’S UPDATE HEIN VOGEL, CEO
Slide 4: Market Update
MARKET UPDATE Through 2021 private and public market capital deployment reached record highs which saw increased valuations across public equity markets, particularly for growth and technology companies. Inflationary pressures emerged towards the end of 2021 into 2022, which caused central banks
Slide 5: Year in Review
YEAR IN REVIEW $124.5m of portfolio value as at 31 December 2022 Summary Recognised a net loss on our investments of $66.5m (excluding foreign For personal use only exchange movements) due to the revaluation of Sendle, Postpay, Till Payments Key Metrics (as at 31 December 2022) and Happay. In Dece
Slide 6: Sale of Basiq
SALE OF BASIQ For personal use only Completed the sale of our investment in Basiq, our first realisation and return of capital Basiq was established in 2016 by its founder and CEO, Damir Cuca Basiq operates a financial data platform that allows financial institutions and fintechs to access, en
Slide 7: Portfolio Update
PORTFOLIO UPDATE We continue to work with our portfolio companies to enhance their prospects and actively look for ways to create liquidity Sendle Portfolio as at 31 March 2023 (NAV: $128.4m) For personal use only PlanPay Equity Continued to build its US partnerships with courier networks and $1
Slide 8: Looking Ahead
LOOKING AHEAD Difficult to predict the remainder of 2023. We expect volatility to continue in the short to medium term For personal use only Well positioned with $63.6m of capital available as at 31 March 2023 (Dec 22: $53.7m) to invest in new opportunities We will continue to work with our ex
Slide 9: Further Information
FURTHER INFORMATION For personal use only W: www.touchventures.com E: investors@touchventures.com THANK YOU
Slide 10: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Touch Ventures Limited (“Touch Ventures”) ABN 96 612 559 958 and is general background information about Touch Ventures’ activities current at the date of this presentation. The information is given in summary form and does not purpor