S.d. Standard Etc Plc · OSL:SDSD

S.d. Standard Etc — Standard ETC — Q4 2023 Earnings Presentation

14 slides from S.d. Standard Etc's earnings presentation, 2024

  1. Slide 1: Standard ETC Fourth Quarter 2023

    @T\ STANDARD ETC CJ iJ Fourth Quarter 2023

  2. Slide 2: Forward-looking Statements

    Forward-looking Statements

  3. Slide 3: Standard ETC in brief

    Standard ETC in brief Fourth Quarter 2023 Highlights Portfolio Update

  4. Slide 4: Company overview

    Standard ETC Company overview • Founded in 2010, listed on Oslo Stock Exchange under ticker SDSD • Actively managing portfolio companies Long history of cyclical asset plays • Offshore Drilling (2010-2013): Ordered 7x JU’s at Keppel, later sold for a total profit of USD 220m • Offshore Supply (2016-

  5. Slide 5: Fourth Quarter 2023 Highlights

    Standard ETC in brief Fourth Quarter 2023 Highlights Portfolio Update

  6. Slide 6: 4Q23 Highlights

    4Q23 Highlights 4q23 results – Net loss of USD 2.6m • DDRIL (41m shares): Unrealized loss of USD 4.9m • STSU (100m shares) Unrealized gain and dividends received of USD 0.6m • ETC Portfolio: Gain- and interest received of USD 1.9m At quarter end Asset Portfolio of USD 81m and ETC Portfolio of USD 61

  7. Slide 7: Portfolio Update

    Standard ETC in brief Fourth Quarter 2023 Highlights Portfolio Update

  8. Slide 8: Portfolio Development

    Portfolio Development SDSD Portfolio – Segment per share 3,0 2,5 1,1 0,7 1,1 1,0 1,2 1,0 2,0 Per share in SDSD 1,1 1,5 0,5 1,3 1,1 1,0 1,9 1,8 1,8 1,6 1,6 1,6 1,2 0,5 1,0 0,5 0,5 0,0 YE'20 YE'21 1q22 2q22 3q22 4q22 1q23 2q23 3q23 4q23 Asset Portfolio ETC Portfolio Asset Portfolio reflects Standard E

  9. Slide 9: Dolphin Drilling (41m shares/ 19% ownership)

    Dolphin Drilling (41m shares/ 19% ownership) Adds significant value through growing backlog

  10. Slide 10: Standard Supply (100m shares/ 53% ownership)

    Standard Supply (100m shares/ 53% ownership) Remaining equity value overview 5,0 4,80 4,0 2,75 3,0 2,5 2,05 2,0 1,2 1,0 1,3 0,0 Current share price 4q23 dividend Adj share price Standard Supplier at Cash and working Total equity value* USD 22.7m capital remaining* Note: Total equity value represents

  11. Slide 11: Appendix

    STANDARD ETC

  12. Slide 12: Income statement

    Income statement Three Months Ended Twelve Months Ended 2023 2022 2023 2022 (Amounts in USD 000) Note Q4 Q4 Q4 Q4 Unaudited Unaudited Unaudited Unaudited Income Changes in fair value on financial assets at fair value through profit or loss 4.1 (8 976) 13 765 (13 694) 25 689 Changes in fair value on

  13. Slide 13: Balance sheet

    Balance sheet (Amounts in USD 000) Note 31.12.2023 31.12.2022 ASSETS Unaudited Audited Financial assets at fair value through profit or loss 4.1 80 973 87 762 Total non-current assets 80 973 87 762 Receivables and prepayments 7 610 77 Financial assets at fair value through profit or loss held for tr

  14. Slide 14: Cash flow statement

    Cash flow statement Twelve Months Ended 2023 2022 Q4 Q4 (Amounts in USD 000) Note Unaudited Audited CASH FLOWS FROM OPERATING ACTIVITIES Profit for the period before income tax 2 721 39 843 Unrealised exchange (profit) / loss (625) 217 Interest income (2 766) (1 073) Dividend Income 5 (13 335) (11 3

Standard ETC — Q4 2023 Earnings Presentation on 6ix