Sequoia Financial Group Ltd. · ASX:SEQ
Sequoia Financial — H1 FY2018 Earnings Presentation
19 slides from Sequoia Financial's earnings presentation, Mar 26, 2018
Slide 1: Financial Highlights Half Year Report & Investor Presentation March 2018
For personal use only Financial Highlights Half Year Report & Investor Presentation March 2018 Period Ended 31 December 2017 Unrivalled Capital Market Distribution
Slide 2: Disclaimer
1 Disclaimer For personal use only This document has been prepared by Sequoia Financial Group Limited, ACN 091 744 884 (“Company”, “we” or “us”). Information contained in this document is current as at 13 March 2018 unless otherwise stated. This document has been published in good faith based on the
Slide 3: About Sequoia Financial Group
About For personal use only About Sequoia Financial Group Sequoia Financial Group Limited (ASX:SEQ) is an integrated financial services company providing financial products and services to self-directed retail and wholesale clients and those of third party professional service firms.
Slide 4: Company Overview: Horizontal Integrated Business
Company Overview Horizontal Integrated Business For personal use only Creating a broad based financial services business for the capital markets takes time. We are just beginning to return shareholder value: Execution SMSF FinTech & Trading Admin Solutions Capital Wealth Investment Markets Advisory
Slide 5: About: We provide
About For personal use only We provide; • Investment and superannuation products • Wealth management and advisory services • Corporate advisory and capital markets expertise • Legal Practice Establishment Solutions • Retail, wholesale and institutional share trading platforms • Market data and finan
Slide 6: Board of Directors
Corporate Overview Board of Directors For personal use only Michael Carter Scott Beeton Garry Crole John Larsen Non-Executive Chairman Managing Director / CEO Non-Executive Director Non Executive Director Michael has an extensive financial Scott is co-founder of Sequoia Garry has been involved in th
Slide 7: Structure & Brands
7 Corporate Overview Structure & Brands For personal use only Board Michael Carter (Chair) Scott Beeton Garry Crole John Larsen Noble Oak & Group Managing Other listed Strategic Director /CEO Securities Investments Scott Beeton William Slack Garry Cole Brent Jones Simon Van Es SEQUOI A FI NANCI AL G
Slide 8: Capital structure
Corporate Overview Capital structure For personal use only SEQ Capital Structure (as at 8/3/17) Shares on issue (includes escrow shares) 102.8 mill Performance shares on issue 1.3 mill Approx 54.85% 50% as at 08/03/18 Market cap at $0.31 $37.8 mill as at 08/03/18 Cash at bank* (as at 31 Dec 2017) $1
Slide 9: Financial Results - Half Year 2017
9 Financial Results - Half Year 2017 Period Ending 31 December 2017 For personal use only Key Financials 1H2018 1H2017 Change Operating Revenue $20,576,876 $16,247,167 26.6% increase EBITDA $1,233,640 $947,367 30% increase Statutory NPAT $628,324 $474,073 32.5% increase One off Acquisition Costs $27
Slide 10: Financial Results - Half Year 2017 (Pro forma)
10 Financial Results - Half Year 2017 Period Ending 31 December 2017 For personal use only Dec 2017 Result if Morrison & InterPrac were owned since 1 July 2017 Key Financials 1H2018 Operating Revenue $32,864,776 EBITDA (31st Dec 17) $1,233,640 InterPrac & Morrison Securities EBITDA* $455,056 One off
Slide 11: Financial Results - Deferred Revenue Account
11 Financial Results - Half Year 2017 Period Ending 31 December 2017 For personal use only Deferred Revenue Account $5.7 m Deferred Revenue Account @ 31st December 17 $2.32 m 68% Increase $4.28 m Normalised EBITDA including Deferred Revenue* EBITDA* Including Deferred Revenue for the period and Inte
Slide 12: Highlights of 1st Half FY18
Highlights of 1st Half FY18 For personal use only • Recorded positive operating cash flow of $7.34m; • Revenue of $20.58m up 26.6% on prior comparable period; • Cash balance of $12.85m; • Completed Acquisition of InterPrac Limited 01/12/2017; • Completed Acquisition of Morrison's Pty Ltd 18/09/2017;
Slide 13: Highlights of 1st Half FY18 Continue
Highlights of 1st Half FY18 Continue For personal use only • Re platform Bourse Software – Direct Savings over $200k pa; • Increased ownership in Financial News Network Pty Ltd (77.07%); • Increase in Sequoia Wealth group adviser numbers by 15% over the last 6 months; • InterPrac Financial Planning
Slide 14: Our Journey – Phased Expansion
Our Journey – Phased Expansion For personal use only Our vision is to become the capital markets full-service financial services provider of choice. • Further acquisitions to complete ‘the puzzle’ Confidential • Strategic institutional investor support • Acquisition of Morrison Leverage & organic gr
Slide 15: Growth Strategy
15 Growth Strategy For personal use only Organic Organic growth of SFG will be supported by strategic alliances and key partnerships in order to expand the SFG customer base and distribution capabilities, supported by the development of technology platforms. Other organic growth will be generated th
Slide 16: Key investment highlights
Existing Business Key investment highlights For personal use only Both defensive and cyclical revenue Strong B2C streams business Attractive industry dynamics B2B growth strategy Strong customer Strong board and database management team Significant organic growth Scalable business opportunities mode
Slide 17: Introduction to Sequoia Financial Group Market Breakdown
Company Overview Introduction to Sequoia Financial Group Market Breakdown Sequoia Wealth Management For personal use only • • Sequoia Corporate Finance • InterPrac Securities/ Financial • Investor 1st (Hub Planning 24 whitelable) • InterPrac Insurance Broking • Bourse Data • InterPrac Mortgage Broki
Slide 18: 2017 Milestones
18 For personal use only 2017 Milestones Consolidated capital structure gives SEQ broader appeal to a Strategies in place to leverage wider investor base cross-sell opportunities as Strong leadership and customer base increases management team with 2017 extensive experience Realise value from non-co
Slide 19: Contact
19 Contact For personal use only Sydney Office: Scott Beeton Level 7, 7 Macquarie Place Managing Director & CEO Sydney, NSW 2000 scottbeeton@sequoia.com.au (02) 8114 2222 Melbourne Office: Garry Crole Level 4, 4 Collins St Executive Director Melbourne, VIC 3000 (03) 8548 3333 garrycrole@sequoia.com.
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