Phoenix Group PLC · ADX:PHX
Phoenix — Investor Presentation (February 2024)
30 slides from Phoenix's investor presentation, February 2024
Slide 1: Investor Presentation 2023-24
INVESTOR PRESENTATION 2023-24 https://www.phoenixgroupuae.com
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation is for background purposes only and does not purport to be full or complete. No reliance may or should be placed by any person for any purposes whatsoever on the information contained in this presentation or on its completeness, accuracy, or
Slide 3: Content
CONTENT At a Glance 5 Financial Review 6 Operational Matrices 7 Peer Comparison 8 Share Price Movement 9 Investor Base 10 Business Model 11 Strategy 12 Framework 13 Growth Pillars 14 Competitive Advantage 15 UAE Providing Landscape for Virtual Assets 16 Leadership 17 Sustainability Initiatives 18 Mi
Slide 4: Corporate Overview
CORPORATE OVERVIEW Building the future economy
Slide 5: Phoenix Group Plc at a Glance
PHOENIX GROUP PLC AT A GLANCE 05 Founded in 2017, PHOENIX GROUP PLC has grown into a multi billion-dollar corporation and has established itself as a global leader in the development, operation and management of crypto datacenters. PHOENIX DEMONSTRATE SIGNICANT GROWTH Phoenix Group specializes in a
Slide 6: Financial Review FY 2023
PHOENIX GROUP PLC FINANCIAL REVIEW 06 FY 2023 REVENUE1 TOTAL COMPREHENSIVE INCOME1 PHOENIX GROUP USD 288.2 MN USD 220.9 MN CONCLUDES A (AED 1.06 BN) (AED 811.4 MN) TRIUMPHANT 2023 - SOARING ABOVE NET OPERATING PROFIT1 TOTAL ASSETS1 EPS1 USD 207.8 MN USD 834.0 MN USD 0.04 EXPECTATIONS (AED 763.1 MN)
Slide 7: Operational Matrices FY 2023
PHOENIX GROUP PLC OPERATIONAL MATRICES 07 FY 2023 OVERALL BUSINESS HASHING SHARE IN THE NETWORK BTC MINING PER DAY1 CURRENT LIVE POWER CAPACITY2 2.8% 18.4 527 MW MINING EFFICIENCY POOL EFFICIENCY POWER COST PER KWHr3 31.4 MW/EHs 2.15 BTC /EHs /DAY 5.45 cent MINING HOSTING INVESTMENTS HASH RATE HASH
Slide 8: Peer Comparison
PHOENIX GROUP PLC PEER COMPARISON 08 RANKED AMONG TOP 5 BASED ON EOY 2023 KEY INDICATORS ` REALIZED HASHRATE OF TOP 5 BITCOIN COST OF MINING 1 BTC MARKET SHARE OF TOP 5 BITCOIN MINING MINING COMPANIES (USD / BTC) COMPANIES (EH/s) (Based on the % share of a company BTC production over BTC total block
Slide 9: Share Price Movement
PHOENIX GROUP PLC SHARE PRICE MOVEMENT 09 (AS OF FEB 13, 2024) Sources: PHOENIX GROUP PLC Internal Data Matrices https://www.phoenixgroupuae.com
Slide 10: Investor Base
PHOENIX GROUP PLC INVESTOR BASE 10 ATTRACTING A HIGH NUMBER OF RETAIL AND INSTITUTIONAL INVESTORS GCC 3% ASIA REST OF THE WORLD 7% 1% UAE GCC 11% 0.3% TRADING BY EUROPE & REGION AMERICAS 64% (Volumes) MENA 14% OTHERS UAE 22.3% 77.7% EUROPE & AMERICAS GCC 5% REST OF THE WORLD 5% 2% ASIA OWNERSHIP 20%
Slide 11: Business Model
PHOENIX GROUP PLC BUSINESS MODEL 11 VERTICALLY INTEGRATED, MANAGED INFRASTRUCTURE PROVIDER WITH MANAGED EXPOSURE TO BTC PRICE VOLATILITY Develop, operate and manage highly specialized data centers hosting high performance computing power for digital | asset mining* G IN | DA NORWAY SK TA (25.0MW) CI
Slide 12: Strategy "Phoenix One"
PHOENIX GROUP PLC STRATEGY 12 2024 & BEYOND: 3-YEAR ROADMAP Increasing global mining footprint Innovative products and services “PHOENIX ONE” Strategic investments strategy includes Sustainable energy adoption Value creation Source: PHOENIX GROUP PLC https://www.phoenixgroupuae.com
Slide 13: Framework: Strategic Objectives
PHOENIX GROUP PLC FRAMEWORK 13 2024 & BEYOND: STRATEGIC OBJECTIVES 3 STRATEGIC INVESTMENTS 1 • Evaluate opportunities for strategic acquisitions or partnerships to enhance service offerings. GLOBAL EXPANSION • Identify and evaluate strategic global locations for mining operations based on energy cos
Slide 14: Growth Pillars
PHOENIX GROUP PLC GROWTH PILLARS 14 2024 & BEYOND: 3-YEAR ROADMAP 1 ENERGY 4 2 EXPANSION KEY DRIVERS TECHNOLOGY 4 GOALS c c 3 VALUE CREATION STRATEGIC INVESTMENTS OBJECTIVES https://www.phoenixgroupuae.com
Slide 15: Competitive Advantage
PHOENIX GROUP PLC COMPETITIVE ADVANTAGE 15 The global cryptocurrency mining market size is expected to grow at a CAGR of 7.8%, and PHOENIX GROUP PLC is positioned to lead the growth. LOW-COST, LONG-TERM HIGHLY EFFICIENT, BEST FAVORABLE ENERGY CONTRACTS* IN CLASS MINERS* GEOGRAPHIC PRESENCE CONDUCIVE
Slide 16: UAE Providing Landscape for Virtual Assets
16 UAE PROVIDING LANDSCAPE FOR VIRTUAL ASSETS DEMONSTRATED CONSISTENT GROWTH AND IS SUPPORTED BY ROBUST UNDERLYING FUNDAMENTALS AND REGULATORY FRAMEWORK ECONOMIC UAE remains aggressive in its diversification initiatives, promoting sustainable development and striving to create a globally DRIVERS int
Slide 17: Leadership
PHOENIX GROUP PLC LEADERSHIP 17 WITH STRONG EXPERIENCE ACROSS DATA CENTER OPERATIONS, WEB3, REAL ESTATE, AND CAPITAL MARKETS CO-FOUNDER & GROUP MD LEGAL FINANCE INVESTMENT MINING OPS TECHNOLOGY FARAH ZAFAR SHEHARYAR MALHI BILL QIAN REZA NEJATIAN ALIREZA ARDEBILI MD & GCLO GCFO MD CEO CTO Source: PHO
Slide 18: Sustainability Initiatives
PHOENIX GROUP PLC SUSTAINABILITY INITIATIVES 18 Sustainability is high on our agenda and is at the forefront of how we see our growth in the coming years. PHOENIX GROUP PLC has invested in renewable energy-based Bitcoin mining. For example, PHOENIX GROUP PLC has taken a stake in Bitzero, a Vancouver
Slide 19: Milestones & Achievements
Company ` started 2017 1st Mining ` Operation in UAE International ` Expansion with Source: PHOENIX GROUP PLC Mining in Canada 2018 Became Middle East ` Official Distributor of BITMAIN 2019 Became Official ` Distributor of MICROBT 2022 Started US Mining ` Operations Acquired 20.8% ` PHOENIX GROUP PL
Slide 20: Recent Media Coverage
PHOENIX GROUP PLC RECENT MEDIA COVERAGE 20 Source: PHOENIX GROUP PLC https://www.phoenixgroupuae.com
Slide 21: Connect with Us
CONNECT WITH US 21 Sources: PHOENIX GROUP PLC https://www.phoenixgroupuae.com
Slide 22: Appendix
APPENDIX Building the future economy
Slide 23: Group's Corporate Structure
GROUP’S CORPORATE STRUCTURE KEY ENTITITIES WITH UNDERLYING BUSINESS VERTICALS PHOENIX GROUP PLC (ADGM Entity – Listed on ADX) UAE HOLDCO. INTERNATIONAL HOLDCO. HOSTING RETAIL AMERICAS INVESTMENT VENTURES REGIONAL OPERATION TRADING MINING HOLDCO. HOLDCO. HOLDCO. HOLDCO. HOLDCO. HOLDCO M2 LYVELY BITZE
Slide 24: Cryptomining Cost Drivers
CRYPTOMINING COST DRIVERS LOW-COST ENERGY, OPTIMIZED DATA CENTERS AND BEST IN CLASS HARDWARE Phoenix has secured access to low-cost, long-term energy contracts significantly below national averages, optimized data center operations and best-in-class mining equipment (high efficiency miners) Source:
Slide 25: Crypto Ecosystem in UAE
CRYPTO ECOSYSTEM IN UAE UAE SHOWCASES A FORWARD-LOOKING STANCE TOWARDS BLOCKCHAIN AND CRYPTOCURRENCIES Source: Crypto Oasis Ecosystem Report 2023 Spring Edition, Crypto Oasis, May 2023 https://www.phoenixgroupuae.com
Slide 26: Digital Assets Performance
DIGITAL ASSETS PERFORMANCE OUTPERFORMING ALL ASSET CLASSES IN 2023 2024 will mark 15 years since Satoshi’s whitepaper ushered in the digital assets' era, and what a ride it has been. What was initially launched as an experiment on the fringes of the internet has evolved into a bona fide asset class
Slide 27: Crypto Market Forecast
CRYPTO MARKET FORECAST 2024: KEY FOCAL POINTS DRIVING GROWTH BITCOIN HALVING Bitcoin is on track to experience its next halving event in May 2024, which will cut the rewards paid out to miners for each block of transactions added to the blockchain. Most of the key crypto player in the market includi
Slide 28: Bitcoin Halving
BITCOIN HALVING PAST HALVING EVENTS AND THEIR IMPACT ON THE BTC PRICE The most direct way the Bitcoin halving impacts price comes down to simple supply and demand. If there are fewer Bitcoins being made available, the price ought to rise, assuming demand remains constant or increases. In addition, m
Slide 29: Building the future economy
©2702020@00080 ©0000 ee0e8@ ©7020 0@0e@0080 “2°00 e@ e000 ©0700 0@0@0080 ©2700 0@0e0080 ©0000 0e@0080 ©2020 0e000080 ©2700 0e@0e0080 ©27020e20@0e@006080 ©2700 e@e0080 ©2700 0@0@0080 ©0200 0e@0e00080 ee ee Oe | ©7020 e0e0e0080 ©2702 0e20e@00080 ©2700 e@ee00@ e©0e2t © @06080808@ PHOENIX Building the f
Slide 30: Building the future economy
oe 0e 00000080 “©0200 0@00080 -2©0202000e00080 ©0200 e@00080 °©-0©02020@0@00080 . . . ©7020 0@0e@0080 “2°00 e@ e000 ©0700 0@0@0080 ©2700 0@0e0080 ©0000 0e@0080 °“°©000@00080 ©2700 0e@0e0080 ©27020e20@0e@006080 ©2700 e@e0080 ©2700 0@0@0080 ©0200 0e@0e00080 ee ee Oe | ©7020 e0e0e0080 ©7002 e@e0e080 “0
Phoenix Group — Investor Presentation (February 2024) on 6ix