Cog Financial Services Limited · ASX:COG
Cog Financial Services — Macquarie Emerging Leaders Forum 2022
8 slides from Cog Financial Services's conference presentation, Jun 15, 2022
Slide 1: Macquarie Emerging Leader Forum - Conference Presentation
15 June 2022 The Manager – Listings Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 Macquarie Emerging Leader Forum- Conference Presentation The Company will address the Macquarie Emerging Leaders Forum today. Attached is the accompanying presentation. Authori
Slide 2: Macquarie Emerging Leaders Forum
Macquarie Emerging Leaders Forum 15 June 2022 Andrew Bennett Chief Executive Officer
Slide 3: The evolution of broking: the megatrend continues
The evolution of broking The megatrend continues PRE-1990 NOW Banks are replacing Banks had branch networks branches with ATMs 100% of bank loans assets 30% of bank loans assets generated by branches generated by branches. 70% Brokers 25% Brokers 2004 1 2020 According to East & Partners, this megatr
Slide 4: Our business model: Asset Finance Broker and Aggregator
Our business model Asset Finance Broker and Aggregator COG Operations Borrowers Brokers Bank/Finance Borrowers Companies Borrowers Brokers Aggregator Borrowers Bank/Finance Borrowers Brokers Companies Borrowers SME customers: transport, Brokers own the relationship Aggregators are the bridge The maj
Slide 5: Normalised FY22 NPATA composition
Our results Normalised FY22 NPATA composition1 35% Finance broking 26% Aggregation 25% Lending 9% Funds management 6% Insurance broking 6% Earlypay -7% Head office 1 Assumes current ownership percentages for COG’s subsidiaries are applied from1 July 2021; based on FY22 (unaudited) forecast 4
Slide 6: FY22 Forecast NPATA
Our results FY22 Forecast NPATA FY21 FY22 Actuals Forecast Range $m $m NPATA to shareholders (unaudited) 19.5 22.5 24.0 Less Government Subsidies 1 (1.8) (0.1) (0.1) Total 17.7 22.4 23.9 1 Government subsidies disclosed are post tax and attributable to COG shareholders 5
Slide 7: Underlying EBITDA to Members
Our results Underlying EBITDA to Members $m 35.0 30.0 25.0 20.0 15.0 31.3 10.0 12.8 14.0 5.0 9.6 - FY18 FY19 FY20 FY21 1 The Group adopted: • AASB 15 Revenue from contracts with customers at 1 July 2018 using the cumulative effect method, and comparative information (FY18) is not restated • AASB 9 F
Slide 8: Disclaimer
Disclaimer COG Financial services Limited ('COG’) has not considered the financial position or performance, cannot be relied upon as an indicator of (and provides no guidance needs of the recipient in providing this presentation ('Presentation'). Persons as to) COG’s future performance including COG
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