Mci Capital Alternatywna Spolka Inwestycyjna S.a. · GPW:MCI
Mci Capital Alternatywna Spolka Inwestycyjna — MCI Capital — Q1 2013 Earnings Presentation
18 slides from Mci Capital Alternatywna Spolka Inwestycyjna's earnings presentation, May 15, 2013
Slide 1: Results of MCI CG Q1 2013
Results of MCI CG Q1 2013 15 May 2013
Slide 2: Summary of Q1 2013
Summary of Q1 2013 2
Slide 3: Summary of Q1 2013
Summary of Q1 2013 Key events • Signing new investment in Turkish public listed company Indeks (planned closing 2Q 2013) New investments / • Advanced talks concerning new investments in the TechVentures exits fund • Building pipeline in the funds EuroVentures, InternetVentures and Helix Ventures Par
Slide 4: Results for Q1 2013
Results for Q1 2013 4
Slide 5: Results of MCI CG for Q1 2013
Results of MCI CG for Q1 2013 In million PLN Q1 2013 Consolidated net result of MCI 9.9 In Q1 2013, the factors influencing the result of the MCI CG were mainly the growing share price of ABC Data SA (from Total consolidated assets 786.6 2.08 PLN to 2.24 PLN at the end of 1Q 2013) and growth by a fe
Slide 6: MCI investment activity
MCI investment activity 6
Slide 7: MCI.EuroVentures FIZ fund in Q1 2013
MCI.EuroVentures FIZ fund in Q1 2013 PORTFOLIO INVESTMENT PLANS One large investment in Indeks / first investment in Turkey Valuation on Share in • The fund strategy assumes buyout investments – stabilizing Asset 31/12/2012 the fund's MCI portfolio value in million PLN assets • Indeks is a dividend
Slide 8: ABC Data – forecast, dividend, strategy
ABC Data – forecast, dividend, strategy FORECAST for the year 2013 (post audit) REVENUE (IN BILLION PLN) EBITDA (IN MILLION PLN) 4,20 80,0 4,00 60,0 3,80 (i) 4.17 70.7 40,0 3,60 20,0 3.69 58.8 3,40 - 2012 R 2013 E 2012 R 2013 E DIVIDEND The board of ABC Data, on 8 May 2013, recommended the annual ge
Slide 9: MCI.TechVentures FIZ fund in Q1 2013
MCI.TechVentures FIZ fund in Q1 2013 PORTFOLIO TOP 5 (*) PORTFOLIO / KEY EVENTS Valuation on Share in assset 31/12/2012 the fund's Invia.cz (million PLN) assets • Strong two-digit results growth (above budget); high positive EBITDA • Launch of new version of airline ticket website Aero.pl 92.3 31% W
Slide 10: Helix Ventures Partners FIZ and MCI.InternetVentures FIZ funds in Q1 2013
Helix Ventures Partners FIZ and MCI.InternetVentures FIZ funds in Q1 2013 SELECTED INVESTMENTS PORTFOLIO / KEY EVENTS HVP FUND Valuation on Share in asset 31/12/2012 the fund's Frisco.pl (* the remaining investment in TechVentures) (million PLN) assets Revenue growth by about. 55% in Q1’13 vs. Q1’
Slide 11: MCI.CreditVentures FIZ fund in Q1 2013
MCI.CreditVentures FIZ fund in Q1 2013 CURRENT INVESTMENTS ImmoPlanet about 50% assets Luxury apartments for rent Prestigious residential living Attractive properties in touristic locations Financial assets • Securities and debentures • Cash equivalents INVESTMENT STRATEGY – MEZZANINE INVESTME
Slide 12: MCI CG – forecast for 1H 2013
MCI CG – forecast for 1H 2013 MCI NET RESULT AT THE END OF 1H 2013 - around 90 million PLN
Slide 13: Trends in e-commerce
Trends in e-commerce Boom on the Polish market – 2x faster growth than EU market E-commerce market in Europe Comments3 (in billion €)1 Online shopping in Poland comprise about 3% of all trade 150 In the most advanced countries this indicator in 2012 was 3-5x higher CAGR (South Korea – 15%, USA –
Slide 14: Liquidity and fundraising growth of MCI
Liquidity and fundraising growth of MCI 14
Slide 15: MCI Bonds
MCI Bonds THE MCI GROUP HAS CURRENT CASH LIQUIDITY AND AVAILABLE LOAN PROMISSORY NOTES FOR THE GENERAL AMOUNT OF ABOUT 200 M PLN + ABOUT 50 M PLN commitment of NCF to MCI funds The MCI Group effectively gathers capital for further investments. As a result of private issue of series H1 bonds, it rais
Slide 16: Issue of investment certificates in the fund MCI.TechVentures FIZ
Issue of investment certificates in the fund MCI.TechVentures FIZ • Regular emissions of certificates executed since 2010 • In 2012, private investors entrusted us with several dozen million PLN, and in 2013 it is a digit digit amount in millions PLN. • The funds raised are used to finance portfolio
Slide 17: MCI on the WSE – share price
MCI on the WSE – share price 200 10 000 000 MCI share price against WIG 180 MCI +58% 9 000 000 160 8 000 000 7 000 000 140 WIG +10% 6 000 000 120 5 000 000 100 4 000 000 80 3 000 000 60 2 000 000 40 1 000 000 20 0 Jan'12 Feb'12 Mar'12 Apr'12 May'12 Jun'12 Jul'12 Aug'12 Sep'12 Oct'12 Nov'12 Dec'12 Ja
Slide 18: Disclaimer
Disclaimer The above presentation does not constitute an offer in the meaning of the law. The above presentation has been prepared based on the best knowledge of MCI Management SA and included up to date information on the day it was published. MCI Management SA Warsaw Financial Center 53 Emilii