Invalda INVL

Investor Presentation • Aug 30, 2024

GROUP OVERVIEW 30 June 2024

GROUP OVERVIEW 30 June 2024

KEY FINANCIALS OF INVALDA INVL					NET ASSET VALUE BREAKDOWN
€ thousand	Company		Group				Evaluation criteria	30/06/2023	30/06/2024	Δ
	6M 2023	6M 2024	6M 2023	6M 2024	€ thousand
Non-current assets	132,224	203,722	125,156	198,191	Investments into core businesses		Equity method	15,776	12,054	(3,722)
Current assets	4,685	3,946	17,578	10,241	Other own investments		Fair value	116,381	191,620	75,239
Equity	129,792	189,074	129,792	189,074	Cash & cash equivalents		Amortized cost	303	558	255
Non-current liabilities	1,914	12,731	2,755	13,305	Other assets		Amortized cost / residual value	4,449	3,436	(1,013)
Current liabilities	5,203	5,863	10,187	6,053	Total assets		Book value	136,909	207,666	70,759
Result before taxes	(1,913)	11,527	(1,913)	11,634	Total liabilities		Cost	(7,117)	(18,594)	(11,477)
Net profit	(1,406)	11,712	(1,406)	11,712	NET ASSET VALUE		Book value	129,792	189,074	59,282
Basic earnings per share, EUR	-	-	(0.12)	0.98	NET ASSET VALUE PER SHARE		Book value	10.98	15.66	4.68
OVERVIEW OF KEY OWN INVESTMENTS
GENERAL PARTNER INVESTMENTS					LEGACY INVESTMENTS
INVL Asset Management managed products
+ OTHERS					#4 bank in Lithuania		Largest bank in Moldova		Leading agricultural group in Lithuania
					19.93%		7.92%		48.81%
	30/06/2023	30/06/2024			30/06/2023	30/06/2024	30/06/2023	30/06/2024	30/06/2023	30/06/2024
	TOTAL VALUE					VALUE OF INVESTMENT
	€43.2m	€61.2m			€37.6m	€91.0m	€20.6m	€21.7m	€17.4m	€18.2m
	NET GAIN (LOSS) OF INVESTMENT				NET GAIN (LOSS) OF INVESTMENT
	-€1.2m	+€5.9m			-€2.9m	+€5.8m	+€4.5m	+€2.3m	-€4.6m	-€1.1m
INVALDA INVL SHAREHOLDERS, SHARE PRICE AND NET ASSET VALUE (NAV) DYNAMICS
12.95%					NAV per share and market price per share historical dynamics
1.87%	25.19%	Alvydas Banys	UAB LJB investments (a company controlled by A.Banys) Irena Ona Mišeikienė Indrė Mišeikytė				5,67 5,53	0.80 DIVIDENDS 7,47 7,11	0.65 DIVIDENDS 11,07 10,32	15,66 14,83
25.87% 1.93%	24.78%	7.41% Company's own shares Other shareholders (> 3700)	UAB Lucrum Investicija (a company controlled by D.Šulnis)			3,75 2,78 2013 2014	4,55 4,11 2015 2016 2017 2018 NAV per share NAV per share 10Y CAGR (incl. dividends): +19%	2019 2020 Market price per share	2021 2022	0.10 DIVIDENDS 2023 2024 H1