First Growth Funds Ltd. · CSE:FGFL
First Growth Funds — FY2020 Earnings Presentation
22 slides from First Growth Funds's earnings presentation, September 2020
Slide 1: First Growth Funds Financial Results
First Growth Funds Financial Results. For the year ending 30 June 2020
Slide 2: Forward Looking Information
Forward Looking Information This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-l
Slide 3: Financial Highlights: Strong Financial Performance in FY2020
FINANCIAL HIGHLIGHTS Strong Financial Performance in FY2020 Earnings per share: 1.2 cents 419% 12% 276% NET POFIT NET ASSETS NET INCREASE IN CASH $934,339 $9,155,661 $2,093,870
Slide 4: Profit & Loss
PROFIT & LOSS Revenue from continuing operations Direct Costs 305,290 (251,705) FOR THE YEAR Interest Revenue 95,660 ENDING 30 JUNE 2020 Change in financial assets at fair value through profit and loss 2,798,472 Asset impairments (638,252) Other gains and losses (15,627) Income (loss) from investmen
Slide 5: Cash Flow
Cash flows from operating activities CASH FLOW Receipts from the ordinary course of operations 39,150 FOR THE YEAR Proceeds from sales of inventories (digital assets) 249,835 ENDING 30 JUNE 2020 Interest received 71,938 Payments to suppliers (1,407,834) Payments for inventories (digital assets) (251
Slide 6: Balance Sheet
CASH BALANCE SHEET $4,349,767 FOR THE YEAR ENDING 30 JUNE 2020 INVESTMENTS $4,793,190 Net DEBT Assets: $0 $9M
Slide 7: Business Model
BUSINESS MODEL INCUBATION STAGE First Growth Funds runs an operating advisory business and it also makes direct investments. Invest and then provides advisory services to help add value Whilst holding its investments, First Growth Funds provides TRANSACTION STAGE corporate advisory services to some
Slide 8: Investment Portfolio Allocation
INVESTMENT PORTFOLIO ALLOCATION First Growth Funds invests across a broad range of asset classes LISTED EQUITIES IPO funding, placements and on First Growth Funds has access to investment opportunities that are not market investments. readily available to the broader investment community. UNLISTED E
Slide 9: Business Resilience & Diversification
BUSINESS RESILIENCE & DIVERSIFICATION ASSET CLASSES First Growth Funds has a well balance portfolio of asset classes. It has Invests across multiple asset classes a diversified strategy to mitigate against risk in asset classes and market cycles. ANY INDUSTRY Invests in any industry, any geography a
Slide 10: Our Strategy
OUR STRATEGY SPECIAL SITUATION OPPORTUNITIES NEGOTIATE A STRONG POSITION We take advantage of special We negotiate a strong position situation opportunities to make big with favourable valuation & terms returns on our investment. to maximize our upside. ADD VALUE EXIT We add value to our portfolio W
Slide 11: FY2020 Highlights – LINCD
FY2020 HIGHLIGHTS – LINCD First Growth Funds acquired LINCD, an unlisted company developing blockchain software solutions for supply chain management. H1 2019, Acquisition Transaction $1.42M Profit First Growth Funds acquired 100% of LINCD for a modest $940. LINCD was a distressed asset. H2 2019, M&
Slide 12: FY2020 Highlights – Kleos Space and MedAdvisor
FY2020 HIGHLIGHTS – KLEOS SPACE FY2020 HIGHLIGHTS – MEDADVISOR Kleos Space with operations in Europe develops Medadvisor connects pharmacy dispensing systems to innovative shoe-size satellites. First Growth Funds automatically retrieve medication records to drive invested in the IPO. intelligent tra
Slide 13: FY2020 Highlights – Champion Iron and American Pacific Borates
FY2020 HIGHLIGHTS – CHAMPION IRON FY2020 HIGHLIGHTS – AMERICAN Champion Iron is an iron development focused on developing its significant iron resources in the south PACIFIC end of the Labrador Trough in the province of American Pacific Borates Limited is an Australian Quebec. incorporated Company f
Slide 14: Current Portfolio – Constellation Technologies
CURRENT PORTFILIO – CONSTELLATION TECHNOLOGIES Listed on the ASX, Constellation Technologies provides IOT solutions to businesses and large enterprises. It has a large focus on smart city projects via their office in China. First Growth Funds is the 5th largest shareholder in Constellation Technolog
Slide 15: Current Portfolio – Candy Club
CURRENT PORTFOLIO – CANDY CLUB First Growth Funds invested in the IPO. Candy Club is a US-based confectionery company that is focused on its fast-growing B2B wholesale business. • Candy Club’s total number of retail doors continued to increase from 4500 in December 2019 to more than 8800 June 2020.
Slide 16: Current Portfolio – SQID Technologies
CURRENT PORTFOLIO – SQID TECHNOLOGIES SQID is listed on the CSE SQID is a payment processor with proprietary software for online debit or credit card payments. It provides merchant services and transaction processing to business merchants and ecommerce customers across both ‘Business to Business’ (B
Slide 17: Current Portfolio – Helbiz Inc
CURRENT PORTFOLIO – HELBIZ Inc Helbiz, Inc. is an Italian-American intra-urban transportation company headquartered in New York City with an aim to solve the first mile/last mile transportation problem of high-traffic urban areas around the world. Helbiz is an unlisted company and is planning on a N
Slide 18: Current Portfolio – Horizon Fintex
CURRENT PORTFOLIO – HORIZON FINTEX Horizon Fintex is a private fintech company based in NY. It is a revenue generating software business with solutions for custody, AML and secondary trading for private assets. Cndy Club Price Chart
Slide 19: Current Portfolio – Digital Assets
CURRENT PORTFOLIO – DIGITAL ASSETS First Growth Funds allocates a small percentage of its portfolio in digital assets - Bitcoin and Ethereum. It currently has a small holding in Ethereum and is monitoring the market closely before accumulating further. ETHEREUM Price Chart Cndy Club Price Chart
Slide 20: Current Portfolio – YPB Group
CURRENT PORTFOLIO – YPB GROUP YPB is a revenue generating public company listed on the ASX. First Growth Funds has invested $500,000 via a convertible note Developed in Boston, USA, the YPB Tracer is a with a 10% coupon. Nanotechnology created using a patented chemical process that can be combined w
Slide 21: Board
Anoosh Manzoori (Executive Chairman) Mr Manzoori has extensive investment and corporate advisory experience across many verticals with a particular interest in the technology sector. His experience includes equity capital markets, M&A, and private placements. He has many years of investment experien
Slide 22: First Growth Funds
First Growth Funds. www.firstgrowthfunds.com September 2020