Bailador Technology Investments Ltd · ASX:BTI
Bailador Technology Investments — ASX CEO Connect (April 2025)
15 slides from Bailador Technology Investments's conference presentation, Apr 15, 2025
Slide 1: ASX CEO Connect
For personal use only ASX CEO Connect 15 April 2025 Bailador Technology Investments Limited (ASX:BTI)
Slide 2: Access to high-growth expansion-stage technology companies
For personal use only Bailador provides investors with access to high-growth expansion-stage technology companies at attractive valuations. Investors get access through an ASX traded share [ASX:BTI] with liquidity available at any time 2
Slide 3: Bailador is an Expansion Capital Fund
Bailador is an Expansion Capital Fund For personal use only Specialist in Invests in Portfolio of Information Technology Private Companies 8-12 Investments Actively managed by an Track record of Returns from Experienced Team Strong Performance & Capital Gains & Cash Realisations Cash Dividends Liste
Slide 4: Capital Growth + Attractive Dividend Yield
Capital Growth + Attractive Dividend Yield Bailador Technology Investments provides investors with a very attractive opportunity due to: • Capital growth from a portfolio of high growth technology companies For personal use only • Attractive dividend yield fully franked BTI Grossed Up Yield1 8.0% p.
Slide 5: Shareholder return from capital appreciation and franked dividends
Shareholder return comes from capital appreciation and fully franked dividends For personal use only $100k Investment in June 2020 is worth $210K today Franking Credit $200,000 14% Dividends 37% $150,000 Capital Growth 59% $100,000 Investment Investment $50,000 $0 June 2020 March 2025 5
Slide 6: Exit delivering $118m cash at 80% IRR
– in May 2022 delivered $118m cash at 80% IRR $8.4m $118.4m 80% 87% For personal use only cash invested cash realised IRR uplift at cash realisation Business Overview Investment Thesis • Database management platform • Huge Addressable Market with multiple tailwinds – big • Exceptional Unit Economics
Slide 7: Exit delivering $52m cash at 61% IRR
– in July 2023 delivered $52m cash at 61% IRR $30.2m $51.6m 61% 24% For personal use only cash invested cash realised IRR uplift on cash realisation Business Overview Investment Thesis • Digital health platform • Compelling product market fit – loved by customers • Scripting and video consult • Impr
Slide 8: The Bailador portfolio ended CY2024 in a strong position
The Bailador portfolio ended CY2024 in a strong position CY24 New Investments For personal use only $498m 42% portfolio company portfolio company revenue1 revenue growth2 CY25 New Investments ~67% ~90% gross margin2 recurring revenue2 Note: 1Based on unaudited revenue over the 12 months to 31 Decemb
Slide 9: HY25 Portfolio Gains
HY25 Portfolio Gains Fair Value Fair Value Portfolio Company For personal use only Movement ($m) Movement (%) SiteMinder ↑ $17.7m 21% Updoc ↑ $10.0m 50% Mosh ↑ $2.5m 33% Rosterfy ↑ $1.7m 14% Straker ↑ $0.8m 18% Total ↑ $32.8m 9
Slide 10: Bailador has also invested $12.5m into PropHero
Bailador has also invested $12.5m into PropHero (February 2025) For personal use only PropHero Monthly Revenue PropHero is an AI-enabled property investment platform that helps individuals source, purchase, and manage investment properties >200% revenue CAGR Dec Dec Dec -22 -23 -24 10
Slide 11: Interim dividend paid, equivalent to 8.0% yield
Interim dividend paid, equivalent to 8.0% yield1 when grossed-up for franking credits For personal use only Strong, stable, fully-franked dividend stream $0.10 10% $0.08 8% • Interim dividend of 3.7 cents per share fully- $0.06 6% franked paid in March 2025 $0.04 4% • Bailador has committed to payin
Slide 12: Our business model is designed to generate premium returns
Our business model is designed to generate premium returns For personal use only Investing Growing Realising Diligence hundreds of Partner with management to Prepare businesses for sale or opportunities to select the best scale globally IPO 12
Slide 13: Investors can access the BTI portfolio at an attractive price
Investors are currently able to access the BTI portfolio at an attractive price NTA/share at 31-Mar-2025 For personal use only $1.64 (pre-tax) / $1.54 (post-tax) $2.00 $1.50 Private Investments $1.10 •BTI share price = $1.12 $1.00 (31-March-25) $0.50 Listed Investments $0.43 $0.00 Cash $0.11 March-2
Slide 14: Disclaimer
Disclaimer This presentation is confidential and may not be reproduced in whole or in part, or distributed except by Bailador Technology Investments Ltd (“Bailador”) or by authorised representatives of Bailador (“Affiliates”). For personal use only This presentation does not contain a complete descr
Slide 15: Further Information
For personal use only FURTHER INFORMATION Website: www.bailador.com.au Investor Enquiries: investorservices@bailador.com.au Telephone: +61 2 9223 2344 Bailador Technology Investments Limited (ASX:BTI)
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