Investor Presentaiton
Key figures 2022-2023 (18 months)
Key figures (in '000 €)
30 Jun
2019
30 Jun
2020
30 Jun
30 Jun
31 Dec
300,000
2021
2022
2023*
250,000
Market capitalisation
347,727
469,091
454,545
478,545
427,273
Equity (NAV).
331,321
445,697
457,863
463,624
494,596
200,000
Fair value (FV) portfolio.
267,106
340,317
396,890
415,437
468,357
150,000
Weighted average discount rate
7.94%
7.82%
7.59%
7.81%
8.10%
100,000
Cash and cash equivalents
61,728
103,269
60,257
48,436
27,365
Investments
17,496
86,077
47,871
23,951
117,444
50,000
Investments (cumulative over 5 years)
17,496
103,573
151,445
175,396
292,840
0
Investment commitments
20,000
107,000
10,320
62,300
171,497
Jun
Jun
Jun
Jun
Dec
2019
2020
2021
2022
2023*
Portfolio result
24,807
22,503
36,479
30,444
61,507
Investments (cumulative) (in '000 €)
Cash receipts from portfolio
Net result
Total distribution (proposed)
Cost ratio
18,626
35,418
27,778
35,848
126,031
20,259
17,842
31,071
24,974
50,899
13,636
18,545
18,909
19,636
30,545
14.00
1.14%
0.87%
0.98%
1.05%
1.22%
13.50
13.00
30 Jun
Per share
2019
30 Jun
2020
30 Jun
2021
30 Jun
2022
31 Dec
12.50
2023*
12.00
Number of shares (end of period)
27,272,728
36,363,637
36,363,637
36,363,637
36,363,637
NAV per share
12.15
12.26
12.59
12.75
13.60
11.50
Net result per share
0.74
0.55
0.85
0.69
1.40
11.00
Distribution per share (weighted)
0.50
0.51
0.52
0.54
0.84
T
Jun
Jun
Jun
Jun
Dec
Pay-out ratio
67.31%
92.76%
60.86%
78.63%
60.00%
2019
2020
2021
2022
2023*
NAV per share (in €)
Share price as at end of period
12.75
12.90
12.50
13.16
11.75
Gross return on distribution relative to share price
3.92%
3.95%
4.16%
4.10%
4.77%**
Gross return on equity (NAV)
6.03%
5.01%
6.89%
5.39%
7.27%**
over a financial year of 18 months
** annualised
49
TINC Investor Presentation 2022-2023.View entire presentation