Euroz Hartleys Group Limited · ASX:EZL
Euroz Hartleys — Shareholder Meeting (November 2024)
18 slides from Euroz Hartleys's shareholder meeting presentation, Nov 22, 2024
Slide 1: AGM Presentation November 2024
For personal use only AGM Presentation November 2024
Slide 2: Disclaimer and disclosure
Disclaimer and disclosure For personal use only Euroz Hartleys Group Limited (ASX:EZL) and its related entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in good faith. However, no warranty (expres
Slide 3: Western Australia's trusted financial services business
Western Australia’s trusted For personal use only financial services business 01. 02. 03. Western Australia's leading private Strategically located in the global Focus on growing both wealth, institutional and corporate resources hub of Western transactional and recurring finance business Australia
Slide 4: Our Vision, Purpose and Values
Our Vision Our HighValues For personal use only Performance Be recognised as Western Australia’s leading financial services business Respect RELATIONSHIPS Strong relationships built on a foundation of trust Accountability ACCOUNTABILITY Taking responsibility and delivering on our commitments Our Pur
Slide 5: Corporate Overview
Corporate Overview For personal use only 1 SHARE PRICE SHARES MARKET CASH & ENTERPRISE 1 (31 October) ON ISSUE1 CAPITALISATION 1 INVESTMENTS DEBT 1 VALUE1 A$0.82 164.8m A$135.2m A$96.9m NIL $38.3m Ownership 1 7% 9% 42% HARTLEYS ACQUISITION OF MERGER WITH Staff ESTABLISHED BLACK HARTLEYS SWAN EQUITIE
Slide 6: EZL vs XSR | Strong Correlation
EZL vs XSR | Strong Correlation 18yr Chart of EZL Share Price vs Small Resources Index (XSR) For personal use only $3.00 8000 7000 $2.50 6000 $2.00 5000 Share Price (A$) XSR $1.50 4000 3000 $1.00 2000 $0.50 1000 $0.00 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Slide 7: Euroz Hartleys Limited Overview
FY22 Euroz Hartleys Limited Overview For personal use only Western Australia’s trusted financial services business CAPITAL RAISED 1,2 STAFF Significant domestic & global distribution capability +A$1.4b 187 120+ stocks under research coverage Corporate Finance Research Institutional Sales Private Wea
Slide 8: Growing & Diverse Revenue Streams
Growing & Diverse Revenue Streams Diversified revenue streams protect our business through different market conditions For personal use only Complimentary Business Wholesale v Private Wealth Revenue Composition • Our Wholesale and Private Wealth businesses are complimentary and support each other th
Slide 9: Wholesale
Wholesale The largest full-service research, institutional sales and corporate finance team in Perth A long-term partner… For personal use only 01. Long term partner and supporter of our clients 50.3% ECM Repeat Business Since FY10 02. Mid-small-micro cap focus with ability to push up, and down, to
Slide 10: FY24 Equity Capital Markets (ECM) commentary
FY24 Equity Capital Markets (ECM) commentary For personal use only Euroz Hartleys ECM activity solid • ECM activity solid despite patchy ECM conditions • ~$1.4b 1 raised in FY24 (FY23: ~$1.9b) • 58 capital raisings in FY24 Total ASX Capital Raised (A$m) $50,000m A$98.6b (Feb22) $40,000m $30,000m $20
Slide 11: Private Wealth
Private Wealth A unique mix of recurring and semi-recurring transactional revenues Transactional Brokerage For personal use only 01. Revenue attributable for the purchase and sale of securities FY24 Private Wealth Revenue Breakdown ECM Other (3%) 02. Fees attributed to an advisor for the allocation
Slide 12: Funds Under Management (FUM)
Funds Under Management (FUM) The largest retail client network in Western Australia providing access to extensive family office, high net worth and retail investors For personal use only Aim to increase proportion of these recurring revenues over Modestly growing ~A$3.89bn in FUM1 time Increased sca
Slide 13: Long term track record of excellent dividend returns
Long term track record of excellent dividend returns For personal use only Focus on maximising dividends through ongoing growth in recurring revenue streams while maintaining traditional transactional strengths • Returned $345.2m1 dividends and cash to shareholders over • Average dividend yield of 8
Slide 14: AGM Trading Update and Full Year result – FY24
AGM Trading Update Full Year result – FY24 For personal use only Improved start to current financial year FY24 REVENUE1 FY24 NPAT 1,3 ~$5m Unaudited NPAT to 31 October 2024 1 $89.2m $5.47m Brokerage revenue up 7.2% on PCP FY24 DIVIDENDS2 GROUP FUM4 ECM revenues up 146% on PCP 4.75cps $3.89b 2 ~$606m
Slide 15: Growth Strategy
Growth Strategy Our vision to be recognised as Western Australia’s leading financial services business is supported by our growth strategy in key operating segments For personal use only Business Manage costs through efficiencies and scale in one office Continued investment in talent through Graduat
Slide 16: Euroz Hartleys Foundation
Euroz Hartleys For personal use only Foundation FUNDS DISTRIBUTED CHARITIES SUPPORTED The Euroz Hartleys Foundation was established in 2006 as a platform to support our consistent commitment to making a positive impact in the $4M+ 100+ Western Australian community. We believe in making a meaningful
Slide 17: Euroz Hartleys Foundation – Commission for a Cause
Euroz Hartleys Foundation Commission for a Cause For personal use only Each year, we donate 100% of all brokerage generated on our “Commission for a Cause” day to worthy local charities. The June 2024 Commission for a Cause raised $300,000 for the Perth Children’s Hospital, Breast Cancer Care WA and
Slide 18: For personal use only
For personal use only Level 37, QV 1, 250 St Georges Terrace, Perth WA 6000 Telephone: +61 8 9268 2888 Email: info@eurozhartleys.com Facsimile: +61 8 9488 1477 Mailing Address: PO Box Z5036, Perth, WA 6831
Euroz Hartleys Group — Shareholder Meeting (November 2024) on 6ix