Healthequity, Inc. · NASDAQ:HQY
Healthequity — Investor Day (June 2019)
15 slides from Healthequity's investor day presentation, Jun 19, 2019
Slide 1: HealthEquity Investor Day Presentation
HealthEquity INVESTOR DAY PRESENTATION June 19, 2019 Members since 2010 Members Members since 2008 since 2012 Copyright © 2018 HealthEquity, Inc. All rights reserved.
Slide 2: Safe harbor
Safe harbor This presentation does not constitute an offer or invitation for the sale or purchase of securities and has been prepared solely for informational purposes. This presentation is a summary of information contained in our public filings filed with the Securities and Exchange Commission (SE
Slide 3: Agenda
Agenda Welcome Richard Putnam Connecting Health & Wealth Jon Kessler Discussion Panel Bill Otten HSA Market Break Discussion Panel Ted Bloomberg Engagement and education Expanding the Market Steve Neeleman Q&A Jon Kessler, Darcy Mott, Steve Neeleman 3
Slide 4: Investment highlights
Investment highlights 36% bps 5 year revenue CAGR1 1 580, Increase in adj. EBITDA margin1 20 9 Consecutive QUARTERS Consecutive YEARS Beating adj. EBITDA consensus3 Increase market share2 1HealthEquity data measured for fiscal years 2014 to 2019 4 2Based on Devenir Research HSA reports December 31,
Slide 5: Outpacing the market
Outpacing the market 700% 600% 596% HQY Custodial 500% 490% HQY HSA 400% 300% 248% Market Custodial 200% 205% 100% Market HSA 0% FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 HealthEquity data measured for fiscal years 2014 to 2019 5 Based on Devenir Research HSA reports December 31, 2010-2018
Slide 6: A unique platform
A unique platform 141 Network partners >3k Integrations Connecting health & wealth 12 Depository partners 45k Employer partners 6 HealthEquity data as of January 31, 2019
Slide 7: Let's look forward – driving the core
Let’s look forward – driving the core $8.3B 4.1M HSAs $8-10B $2-3B $2B HealthEquity 1 Devenir HSA Research Report 2/27/2019 7 2 Management estimate as of 6/4/2019
Slide 8: Drive enrollment
Drive enrollment Plan design Multiple 59% HSA-compatible plans Full replace CDB up-sell Front loaded Balance booster 33% match Health-wealth education Low premium 15% Match Retirement plan connectivity 6% Contribution 3% 8
Slide 9: Drive engagement
Drive engagement HSA 21% FSA, HRA, Commuter, COBRA 401(k) of members visit monthly CONFIDENT HEALTHY SAVER SMART CONSUMER SPENDER +40M FY19 platform logons Data driven, personalized engagement right message right person right time 9 HealthEquity data as of 1/31/2019
Slide 10: Drive investment
10 Drive investment Tax-efficient contributions free up more dollars to invest. e— Thoughtful investment strategy keeps fees low and helps assets grow. > Tax-efficient, distribution gives you more to spend in retirement. —— $) HealthEquity:
Slide 11: Drive results… for life
Drive results… for life 1Assumes $2,500 of out-of-pocket spend placed in an HSA with 25% income tax and 7% payroll tax provides $800 annually invested at 6% over 20 and 40 years. 11 2Assumes $2,000 of out-of-pocket spend placed in an HSA with 25% income tax and 7% payroll tax provides $640 annually
Slide 12: Panel – HSA market dynamics
Panel 1 – HSA market dynamics Bill Otten – Moderator Michael Trilli – Aite Sander Domaszewicz – Mercer Paul Fronstin - EBRI 12
Slide 13: Panel – Engagement
Panel 2 – Engagement Ted Bloomberg – Moderator Bill Delahanty – Raymond James Jennifer Lamons – Edward Jones Jason Russell - SAP 13
Slide 14: Panel – Broadening the market
Panel 3 – Broadening the market Steve Neeleman – HealthEquity founder Stephanie Cutter – Precision Strategies 14
Slide 15: HealthEquity
HealthEquity: