Lion Capital S.a. · BVB:LION
Lion Capital — Q3 2024 Earnings Presentation
20 slides from Lion Capital's earnings presentation, 2024
Slide 1: Presentation of Financial Results 3Q 2024
— PRESENTATION OF FINANCIAL RESULTS 3Q 2024 — This presentation made available on Lion Capital’s website is addressed only the shareholders for information purposes only, and should not be reproduced, copied or re-transmitted, and nothing in it should be construed as an offer, invitation or recommen
Slide 2: General Information
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 General Information CORPORATE Lion Capital S.A. (the new corporate name starting March 24, 2023, of SIF Banat-Crișana) NAME COMPANY TYPE ▪ joint stock company, Romanian legal entity ▪ established as a self-managed investment company, authorized by the Financ
Slide 3: General Information
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 General Information REGISTRATIONS ▪ Number in Trade Register J02/1898/1992 ▪ Tax Identification Code RO 2761040 ▪ Number in ASF AFIAA Register PJR07.1AFIAA / 020007 / 09.03.2018 ▪ Number in ASF FIAIR Register PJR09FIAIR / 020004 / 01.07.2021 ▪ Legal Entity I
Slide 4: General Information
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 General Information SHARE CAPITAL PART OF BVB (BSE) INDICES RON 50,751,005.60 BET-FI • BET-XT • BET-XT-TR • BET-BK • BET-XT-TRN TOTAL ISSUED SHARES ISIN CODE 507,510,056 ROSIFAACNOR2 OUTSTANDING SHARES BLOOMBERG FIGI 507,510,056 BBG000BMN388 NOMINAL VALUE/SH
Slide 5: Shareholders’ Structure
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 Shareholders’ Structure as per holdings, as of September 30, 2024 ■ 39.20% ■ 45.47% Romanian individuals Romanian legal entities 5,735,707 (5,733,432 shareholders) (107 shareholders) shareholders ■ 1.30% ■ 14.03% non-resident individuals non-resident legal e
Slide 6: Lion Capital’s investment strategy
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 Lion Capital’s investment strategy on long turn aims to maximize the performance of the portfolio to increase the value of the assets under management and the investment income The financial objective is maximizing portfolio returns through dividend income a
Slide 7: Financial Performance
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 FINANCIAL PERFORMANCE [RONm] 30.09.2023 31.12.2023 30.09.2024 Income 118.53 166.28 219.68 Gain / (Loss) on investment 152.90 296.85 (15.65) Expenses 16.24 27.53 20.94 Gross profit / (Loss) 255.18 435.58 183.09 Net profit / (Loss) 242.93 417.26 168.71 FINANCI
Slide 8: Stock and Net Asset Performance
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 STOCK AND NET ASSET PERFORMANCE 31.12.2023 30.09.2024 Share Price (end of period, RON) 2.5800 2.8300 NAV* / Share (RON) 8.0847 9.1030 Accounting Net Asset / Share (RON) 8.0794 9.1125 Nominal Value of Share (RON) 0.1 0.1 Issued Shares 507,510,056 507,510,056
Slide 9: Net Asset Value Progress September 2023 – September 2024
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 NET ASSET VALUE PROGRESS SEPTEMBER 2023 – SEPTEMBER 2024 4,800 4,681 4,685 4,620 4,563 4,323 4,407 4,400 4,177 4,281 4,095 4,134 4,000 3,811 3,841 3,872 RON milion (RONm) 3,600 3,200 2,800 2,400 2,000 Sept. '23 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul
Slide 10: Assets Under Management
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 ASSETS UNDER MANAGEMENT breakdown on classes (weight on total assets) 2% ■ listed shares ■ bank deposits + cash available value RON 3,255.13m value RON 677.01m 1% (31.12.2023: RON 2,944.09m) (31.12.2023: RON 408.81m) 14% 10% 67% ■ unlisted shares ■ receivabl
Slide 11: Stock Portfolio breakdown by sector
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 STOCK PORTFOLIO breakdown by sector 7% 3% ■ banking - financial ■ cardboard and paper 5% 5% 5% stakes in 11 companies, worth RON 1,932.04m stakes in 4 companies, worth RON 194.09m 6% (31.12.2023: 11 companies, worth RON 1,561.27m) (31.12.2023: 4 companies, w
Slide 12: Stock Portfolio breakdown by stake and liquidity
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 STOCK PORTFOLIO STOCK PORTFOLIO breakdown by stake held breakdown on liquidity ■ up to 5% September 3 0, 20 stakes in 23 companies 14% 86% December worth RON 1,801.04m (31.12.2023: RON 1,418.06m) 14% 86% 31 ■ listed companies 24 023 ■ 5-33% RON 3,225.13m (31
Slide 13: Top 10 Companies in Portfolio
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 TOP 10 COMPANIES IN PORTFOLIO as of September 30, 2024 % of Company (symbol) Activity Stake held Value of stake (RON)* NAV 1. Banca Transilvania (TLV) banking-financial 4.78% 1,212,745,728 26.25% 2. SIF Imobiliare Plc (SIFI) real estate 99.99% 422,566,588 9.
Slide 14: LION Price and Volume in 2024
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 LION PRICE AND VOLUME IN 2024 RON 2.9900 RON 2.9600 624,888 RON 2.8300 3.0000 596,495 RON 2.8600 RON 2.8000 RON 2.8000 600,000 RON 2.6100 500,000 RON 2.5500 RON 2.5300 price LION (RON/S) 2.0000 400,000 volume volume LION 300,000 1.0000 200,000 165,478 153,93
Slide 15: LION vs. BET-FI Index in 2024
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 LION vs. BET-FI INDEX IN 2024 LION (RON) BET-FI (points) RON 2.9900 66,000 RON 2.9600 2.9500 RON 2.8400 64,000 RON 2.8000 RON 2.8300 62,000 2.7700 RON 2.6100 RON 2.6400 60,000 61,916.302.5900 58,000 59,276.07 59,432.11 RON 2.5300 58,225.82 2.4100 56,000 58,7
Slide 16: Separate statement of financial position
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 Separate statement of financial position (extract from separate financial statements) [all amounts in RON] 31.12.2023 30.09.2024 Cash and cash equivalents 408,814,516 677,013,660 Financial assets at fair value through profit and loss (FVTPL) 1,900,476,975 1,
Slide 17: Standalone statement of profit and loss and other comprehensive income
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 Standalone statement of profit and loss and other comprehensive income (extract from standalone financial statements) [all amounts in RON] 30.09.2023 30.09.2024 INCOME Dividend income 108,793,770 194,431,011 Interest income 9,650,192 24,784,250 Other operati
Slide 18: Main lines of action in 2024
PRESENTATION OF FINANCIAL RESULTS 3Q 2024 Main lines of action in 2024 ▪ portfolio restructuring by liquidating assets that do not fit the Fund’s investment strategy ▪ consolidation of strategic interest portfolio ▪ maintaining a diversified portfolio of assets under management ▪ implementing SFDR (
Slide 19: Financial Calendar 2024
FINANCIAL CALENDAR 2024 February 29, 2024 Preliminary annual financial results as of December 31, 2023 April 29, 2024 OGM for the approval of the separate and the consolidated financial statements for 2023 FY April 29, 2024 Annual Report and the Separate and the Consolidated Financial Statements for
Slide 20: Contact
Contact HEADQUARTERS 35A Calea Victoriei, Arad, 310158, Romania TEL +40257 304 438 FAX +40257 250 165 EMAIL office@lion-capital.ro BUCHAREST BRANCH 46-48 S. V. Rahmaninov Str., 3rd floor, sector 2, Bucharest, 020199, Romania TEL +4021 311 1647 FAX +4021 314 4487 EMAIL bucuresti@lion-capital.ro WWW.L