This might seem confusing, but it's because the word "presents" has two distinct meanings:
1. Presents (noun): Gifts given to someone, especially on a special occasion.
2. Presents (verb): The third-person singular present tense of the verb "present," meaning to introduce or show something.
So, the homonym depends on the context. If you're talking about gifts, you're using the noun form. If you're talking about the act of showing something, you're using the verb form.