Atn International, Inc. · NASDAQ:ATNI
Atn International — Investor Presentation (March 2017)
16 slides from Atn International's investor presentation, March 2017
Slide 1: Investor Presentation March 2017
Investor Presentation March 2017
Slide 2: ATN Investment Principles
ATN Investment Principles Opportunistic Opportunistic Value-Based Value-Based High Insider Disciplined Ownership Long-Term Aligned with View Shareholders Prudent Balance of Growth with Dividends We are a global company actively managing investments in communications and renewable energy companies. 2
Slide 3: The ATN Strategy
The ATN Strategy • Disciplined approach to investing in companies Strategic entry (and exit) points Leverage ATN’s financial resources and management expertise Look for platforms that drive future investment • Managing our portfolio to build and create value Hire and engage local management
Slide 4: Three Business Segments
Three Business Segments U.S. Telecom International Telecom Renewable Energy 4
Slide 5: Where We Operate - Telecom
Where We Operate - Telecom Cayman Islands Virgin Islands Guyana Southwest Midwest U.S. U.S. Telecom International Telecom 5
Slide 6: Where We Operate – Renewable Energy
Where We Operate – Renewable Energy Renewable Energy United States India California, Massachusetts, and New Jersey Andhra Pradesh, Maharashtra and Telangana 6
Slide 7: Revenue by Segment
Revenue by Segment 0% 5% 6% 39% 43% 51% 56% US - Telecom US - Telecom International - Telecom International - Telecom Solar Solar For Year Ended 2015 For Year Ended 2016 7
Slide 8: Period Ended December 2016
Period Ended December 2016 Year-to-Date Quarter Ended Revenue ($ in millions) Revenue ($ in millions) $457.0 $128.53 $355.4 $82.92 YTD 2015 YTD 2016 Q4 2015 Q4 2016 EBITDA ($ in millions) EBITDA ($ in millions) $139.8 $149.0 $34.10 $25.59 YTD 2015 YTD 2016 Q4 2015 Q4 2016 8
Slide 9: Solid Track Record
Solid Track Record Book Value per Share $41.72 $18.99 2011 2012 2013 2014 2015 2016 Dividends per Share $1.32 $0.52 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 9
Slide 10: ATN Historical Share Performance
ATN Historical Share Performance $ in millions Source: Company Filings 10
Slide 11: Substantial Balance Sheet Capacity
Substantial Balance Sheet Capacity Balance Sheet Highlights - 12/31/2016 Under-utilized balance sheet Total cash position of $270 million Minimal amount of debt outstanding - $157 million Majority of debt sitting at operating subsidiary level Room for expansion; fully available $225 millio
Slide 12: Business Update Q4-2016 • International Telecom
Business Update Q4-2016 • International Telecom Closed and completed a good part of critical integration work of two significant acquisitions We now have three similarly sized businesses with fully integrated telecommunications offerings Manageable competitive environments given significant in
Slide 13: Business Update Q4-2016 • US Telecom
Business Update Q4-2016 • US Telecom Made a lot of progress on improving operating efficiencies against backdrop of significant price reductions Quarter and year were in-line with revenue expectations and exceeded our operation income margins Sale of Northeastern fiber business Work to be do
Slide 14: Business Update Q4-2016 • Renewable Energy
Business Update Q4-2016 • Renewable Energy Opened up new market in 2016 with deal with Armstrong Energy Group that resulted in launch of Vibrant Energy in India Build schedule is a little behind due to government's mandated termination of certain denominations of currency Spent approximately $
Slide 15: Business Update Q4-2016 • Summary
Business Update Q4-2016 • Summary Exited 2016 very much on our strategic plan with group of geographically diversified, strong in-market telecommunication businesses Potential to deliver solid and consistent cash flows for the long term Excited about growth platform in renewable energy segment
Slide 16: Forward Looking Statements and Non-GAAP Financial Information
Forward Looking Statements and Non-GAAP Financial Information This presentation may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are or may be forward-looking statement
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