Bell Financial Group Limited · ASX:BFG
Bell Financial — Shareholder Meeting (April 2020)
14 slides from Bell Financial's shareholder meeting presentation, Apr 23, 2020
Slide 1: 2020 AGM – Executive Chairman's Presentation
23 April 2020 ASX Market Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000 2020 AGM – EXECUTIVE CHAIRMAN’S PRESENTATION Please find attached a copy of the presentation to be given by the Executive Chairman at Bell Financial Group Limited’s Annual General Meeting today. For more infor
Slide 2: Annual General Meeting
ANNUAL GENERAL MEETING 11:00AM ON THURSDAY 22 APRIL 2020 EXECUTIVE CHAIRMAN’S PRESENTATION Welcome to the Bell Financial Group 2020 Annual General Meeting. My name is Alastair Provan and I am your Chairman. We have a quorum and I am pleased to declare the meeting open. I would like to welcome our sh
Slide 3: Chairman's Presentation
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation We will begin the meeting with a presentation then go through the formal proceedings which this year include three resolutions. The resolutions will be decided by poll. For those attending using the online meeting platform, vo
Slide 4: 2019 was an outstanding year
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation 2019 was an outstanding year for the Bell Financial Group with solid growth across all business units producing a very credible bottom line performance.
Slide 5: Revenue grew 15.7% year on year
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation Revenue grew 15.7% year on year resulting in a Compound Annual Growth Rate (CAGR) of approximately 10% over the last five years. Similarly our Net Profit after Tax (NPAT) has grown consistently over the five year period with 2
Slide 6: Brokerage from our Institutional and Retail desks
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation Brokerage from our Institutional and Retail desks plus our Futures, Foreign Exchange and Fixed Income business was $106 million for the year, a 5% improvement on the previous year. A pleasing result given the relatively tough
Slide 7: TPP's revenue, sponsored holdings and client numbers
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation TPP’s revenue, sponsored holdings and client numbers have grown consistently over the last five years. Gross revenue of $17.9 million in 2019 was up 17.8% on the previous year. $3.4 million profit before tax was up 48% on the
Slide 8: Bell Potter Capital (BPC)
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation Bell Potter Capital (BPC) net revenue increased 23.3% year on year to $12.9 million. In August 2019, BPC completed the acquisition of two structured loan products (Equity Lever and Geared Equity Investments) and the associated
Slide 9: Dedicated development team and third party clearing
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation We have a dedicated development team working on our online platform to enable TPP to execute, clear and settle equity and derivative transactions for our online and full service businesses as well as providing these services t
Slide 10: FUSION is our proprietary productivity tool
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation FUSION is our proprietary productivity and efficiency tool designed to provide the Adviser immediate access to client data, markets, products and services in a tight compliance framework. FUSION is a desktop application coveri
Slide 11: Covid-19 market volatility and trading volumes
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation In our Annual Report I said that last year’s momentum market had moved on seamlessly to the early part of 2020. This certainly had been the case earlier in the year but has since been overtaken by the dramatic volatility spike
Slide 12: Unaudited revenue for the quarter ended 31 March
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation Unaudited revenue for the quarter ended 31 March was $62m (2019: $45.5 million). Unaudited profit before tax for the quarter ended 31 March was $9.4m (2019: $3.8 million). All business divisions were profitable, with strong co
Slide 13: Operating through Covid-19; strong balance sheet
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation • Bell Financial Group is a dynamic markets service provider – and we have adapted quickly. We employ 720 staff across the Group, the vast majority of which have been working remotely for the last six weeks. While this is not
Slide 14: Strategy and outlook
Bell Financial Group Limited 2020 AGM – Executive Chairman’s Presentation Equity, commodity and derivative markets will remain essential products and asset classes for producers, consumers, investors, companies and advisers. Our strategy of organic growth, opportunistic acquisition and focus on the
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