Investor Presentaiton slide image

Investor Presentaiton

Legacy Business Winding up Rapidly Net Capital Remaining in Legacy Business - Being Converted to Cash $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY2021 FY2022 Legacy Business Wind-up Assets Held for Sale program making excellent progress with land sales Farmland Mortgages: Book is shrinking rapidly due to farmer buyouts via refinancing. Maximum term remaining = ~13 months Collection Accounts: Slow but steady progress working through the legal system - fully secured via farmland mortgages & every collection account results in a write-up Full carrying value + significant upside on legacy assets is secured by liens on farm real estate Source: Company SEDAR filings, Management estimates SSC Security Services Corp. 8
View entire presentation