13 slides from S.d. Standard Etc's earnings presentation, Nov 1, 2024
Slide 1: Standard ETC Third Quarter 2024
@T\ STANDARD ETC CJ iJ Third Quarter 2024
Slide 2: Forward-looking Statements
Forward-looking Statements
Slide 3: Standard ETC in brief, Third Quarter 2024 Highlights, Portfolio Update
Standard ETC in brief Third Quarter 2024 Highlights Portfolio Update
Slide 4: Standard ETC 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-
Slide 5: Third Quarter 2024 Highlights
Standard ETC in brief Third Quarter 2024 Highlights Portfolio Update
Slide 6: 3Q24 Highlights
3Q24 Highlights 3q24 results – Net result of USD -0.2m • Asset Portfolio: Unrealized loss of USD 2.4m • ETC Portfolio: Gain- and interest received of USD 2.8m At quarter end Asset Portfolio of USD 37m and ETC Portfolio of USD 94m. Commercial highlights • Standard ETC declares a dividend of NOK 0.20
Slide 7: Portfolio Update
Standard ETC in brief Second 2024 Highlights Portfolio Update
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 1,9 1,7 1,1 1,9 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 0,9 1,0 0,7 0,5 0,5 0,0 YE'20 YE'21 1q22 2q22 3q22 4q22 1q23 2q23 3q23 4q23 1q24 2q24 3q24 Asset Portfolio ETC Portfo
Slide 9: Dolphin Drilling (50m shares/ 17% ownership)
Dolphin Drilling (50m shares/ 17% ownership) Rig Fleet Contract Status per first half 2024 financial report
Slide 10: Appendix
STANDARD ETC
Slide 11: Income statement
Income statement Three Months Ended Nine Months Ended 2024 2023 2024 2023 (Amounts in USD 000) Note Q3 Q3 Q3 Q3 Unaudited Unaudited Unaudited Unaudited Income Changes in fair value on financial assets at fair value through profit or loss 4.1 (12 088) 11 184 (57 539) (4 718) Changes in fair value on
Slide 12: Balance sheet
Balance sheet (Amounts in USD 000) Note 30.09.2024 31.12.2023 ASSETS Unaudited Audited Financial assets at fair value through profit or loss 4.1 27 969 80 973 Total non-current assets 27 969 80 973 Receivables and prepayments 7 1 203 610 Financial assets at fair value through profit or loss held for
Slide 13: Cash flow statement
Cash flow statement Nine Months Ended 2024 2023 Q3 Q3 (Amounts in USD 000) Note Unaudited Unaudited CASH FLOWS FROM OPERATING ACTIVITIES (Loss) / profit for the period before income tax (11 813) 5 233 Unrealised exchange loss 738 52 Interest income (3 482) (1 760) Dividend Income 5 (36 189) (8 697)