Reservoir Investor Presentation Deck
3
New Roster Signings
Date
FUTURES BASED INVESTMENTS LEAD TO HIGH IRR
Multiple
(FY2023)
Advances
$14.2
$13.7
$9.0
$8.9
$8.3
$6.6
$6.5
$4.8
$3.3
$3.1
$3.0
$2.8
$2.5
$2.5
Recouped
(FY2023)
NPS/NLS
(FY2023)
50%
82%
71%
35%
88%
73%
100%
29%
100%
0%
35%
70%
32%
55%
2016
2017
2019
2018
2012
2014
2011
2019
2018
2021
2020
2015
2021
2020
As of 03-31-23, writer and artist signings with more than $2.5M invested
IRRS based on actual performance to date and projected performance through end of deal
2011 deal for $6.5m recouped and futures created during deal were purchased
2018 deal for $8.9m includes reverting NPS, added pro-forma above, to be coming into the deal in the coming years
2021 deal for $3.1m is a masters net profit-based deal
2019 deal for $9.0m, 2012 deal for $8.3m, 2019 deal for $4.8m, and 2021 deal for $2.5m are all new or amended deals in Fiscal 2023
$0.6
$0.6
$0.2
$0.3
$0.3
$0.4
$0.0
$0.1
$ 0.0
N/A
$0.1
$0.1
$0.1
$0.1
12.1 x
3.8 x
11.4 x
20.4 x
3.2 x
4.3 x
N/A
23.0 x
0.0 X
N/A
30.1 x
13.8 x
14.5 x
12.3 x
IRR
12.7%
33.6%
20.1%
2.2%
27.1%
50.3%
0.8%
10.5%
36.3%
37.3%
3.2%
18.5%
12.1%
9.5%
9.8x
EFFECTIVE CURRENT
MULTIPLE
20.2%
IRR
ON SIGNIFICANT
WRITER SIGNINGS
20
RView entire presentation