Slide 1: Financial Results Presentation
Financial Results Presentation Financial Year Ending September 2021 Platform set for FY22 and Beyond HGL Ltd (ASX:HNG) Hancock & Gore
Slide 2: Performance Highlights for the Year Ended 30th September 2021 (FY21)
PERFORMANCE HIGHLIGHTS FOR THE YEAR ENDED 30TH SEPTEMBER 2021 (FY21) 81% SHAREHOLDER RETURN $15.6M NET PROFIT AFTER TAX 55% NTA PER SHARE GROWTH $47.1M NTA VALUE 94% NPAT RETURN ON NET ASSETS ~$0.26 NTA PER SHARE 24% FUM GROWTH $0.01 FULLY FRANKED DIVIDEND
Slide 3: FY21 Highlights
FY21 HIGHLIGHTS Return to significant profitability – FY21 ~$15.6m NPAT Resumed paying dividends - 1 cent per share fully franked declared. Franking Credit balance of $9.2m Active transformation and value crystallisation of both JSB & BLC private investments releasing > $2m profit and liquidity in F
Slide 4: Investment Team
INVESTMENT TEAM 70+ years of collective investment experience SANDY BEARD NICHOLAS ATKINSON PHILLIP CHRISTOPHER IAIN THOMPSON EXECUTIVE CHAIRMAN INVESTMENT DIRECTOR INVESTMENT DIRECTOR CFO & COMPANY SECRETARY • 30+ years of investment • 25+ years of experience • 12+ years of experience • 30+ years o
Slide 5: Portfolio Activity Sets Strong Platform for Growth in FY22
PORTFOLIO ACTIVITY SETS STRONG PLATFORM FOR GROWTH IN FY22 LIQUIDITY REALISATIONS: GROWTH/M&A: NEW INVESTMENTS:
Slide 6: H&G Sector Exposures
H&G SECTOR EXPOSURES Majority of portfolio is valued by independent 3rd parties Education Healthcare Wellness & Beauty Payments Technology 63% OF PORTFOLIO Mountcastle ~4x LTM EBITDA Trade Lighting ASSETS VALUED AT Retail POS Funds Management <5x Logistics LTM EBITDA Spatial Data ASX Listed Pegasus
Slide 7: Investments Overview
INVESTMENTS OVERVIEW PROFORMA BUSINESS INDUSTRY VALUATION PORTFOLIO % Mountcastle School wear $16.7m 36% Pegasus Healthcare Health $7.4m 16% Cellmid Ltd Wellness & Beauty $3.9m 8% (ASX:CDY) Payments Mint Payments $3.0m 6% Technology SPOS Retail POS $1.8m 4% T-Shirt Ventures Health $1.0m 2% FOS Capit
Slide 8: FY'22 And Beyond
FY’22 AND BEYOND H&G is well positioned to continue delivering strong results 1 PRIVATE INVESTMENTS 2 LISTED INVESTMENTS 3 FUNDS MANAGEMENT 4 OTHER • Continue targeting at least • Continue >20% p.a. • Continue FUM growth with • Increase advisory / ECM 15% p.a. returns from return targets across enha
Slide 9: FY21 Income Statement
FY21 INCOME STATEMENT 12 months to 30th September 2021 FINANCIAL YEAR ENDING SEPTEMBER 30TH FY21 Realised & Unrealised Gains on Investments $14.3m Other Income $2.4m Dividends $1.5m Operating Costs ($3.0m) Net Profit Before Tax $15.2m Net Profit After Tax (Income Tax Benefit in FY21) $15.6m
Slide 10: FY21 Balance Sheet
FY21 BALANCE SHEET 12 months to 30th September 2021 FINANCIAL YEAR ENDING SEPTEMBER 30TH FY21 Cash $7.6m Receivables $0.2m Listed Investments $3.5m $47.1M Private Investments $34.8m Intangibles $0.7m Other Assets $2.6m NET TANGIBLE Bank Debt $(0.0)m ASSETS Payables $(0.4)m Other Liabilities $(1.2)m
Slide 11: Board of Directors
BOARD OF DIRECTORS 120+ years of collective experience SANDY BEARD KEVIN ELEY PETER MILLER CHERYL HAYMAN JOSEPH CONSTABLE EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR EXECUTIVE DIRECTOR 30+ years experience and 35+ years experience across 30+ years experien
Slide 12: Important Notices
IMPORTANT NOTICES Not investment advice The information contained in this presentation is not investment or financial product advice (nor tax, accounting or legal advice) nor is it a recommendation to acquire securities in HNG. This presentation does not and will not form any part of any contract fo
Slide 13: Mr. Sandy Beard, Executive Chairman, HGL Ltd. (Hancock & Gore)
MR. SANDY BEARD EXECUTIVE CHAIRMAN HGL LTD. (HANCOCK & GORE) sandy@xvgroup.com.au 0412 308 263 www.hgl.com.au