Pangaea Logistics Solutions Ltd. · NASDAQ:PANL
Pangaea Logistics Solutions — SPAC Merger (July 2014)
8 slides from Pangaea Logistics Solutions's SPAC merger presentation, Jul 18, 2014
Slide 1: Merger of Quartet Merger Corp. (QTET) & Pangaea Logistics Solutions Ltd. Supplemental Information
157 27 26 110 162 210 4 112 173 177 175 174 191 214 235 217 217 217 Merger of Quartet Merger Corp. (QTET) & Pangaea Logistics Solutions Ltd. Supplemental Information July 2014
Slide 2: Important Disclosures
157 27 26 110 162 210 4 112 173 177 175 174 191 214 235 217 217 217 The attached presentation was filed with the Securities and Exchange Commission on July [ 18 ], 2014 as part of the Current Report on Form 8 - K filed by Quartet Merger Corp . (“Quartet”) . Quartet is holding presentations for certa
Slide 3: Safe Harbor
157 27 26 110 162 210 4 112 173 177 175 174 191 214 235 217 217 217 Safe Harbor This presentation includes certain forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 , including statements regarding future financial performance, future growth and
Slide 4: Consistent Historic Adjusted EBITDA growth
157 27 26 110 162 210 4 112 173 177 175 174 191 214 235 217 217 217 1 See Appendix VIII of the Investor Presentation attached as an exhibit to the Form 8 - K for Quartet Merger Corp. filed on July 3, 2014 for important disclosures relating to Pangaea’s Historic Adjusted EBITDA. 0 5,000 10,000 15,000
Slide 5: …attractive margins with low volatility…
157 27 26 110 162 210 4 112 173 177 175 174 191 214 235 217 217 217 2 (1) See “Disclosures for Unaudited Quarterly Adjusted EBITDA Information” at the end of the presentation for additional infor mat ion. …attractive margins with low volatility… * Standard deviation of quarterly Adjusted EBITDA 1 ma
Slide 6: …supported by long-term contracts providing visibility…
157 27 26 110 162 210 4 112 173 177 175 174 191 214 235 217 217 217 3 …supported by long - term contracts providing visibility… As of March 31, 2014: more than 20 long - term “Contracts of Affreightment “ Covering transportation of more than 45 million tons of cargo Representing nearly $500 mi
Slide 7: …are features typical of a logistics company, not a ship-owning company
157 27 26 110 162 210 4 112 173 177 175 174 191 214 235 217 217 217 4 …are features typical of a logistics company, not a ship - owning company * Mean Indexed Adjusted EBITDA margins -50.0% 0.0% 50.0% 100.0% 150.0% 200.0% 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 Mean Indexed EBITDA Margins 2 EXP
Slide 8: Disclosures for Unaudited Quarterly Adjusted EBITDA Information
157 27 26 110 162 210 4 112 173 177 175 174 191 214 235 217 217 217 Upon the request of potential investors, Quartet is providing the quarterly Adjusted EBITDA from 2012 through the first quarter of 2014 . The information contained in the Quarterly Adjusted EBITDA Information set out in this present
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