Hub24 Limited · ASX:HUB
Hub24 — Shareholder Meeting (December 2021)
18 slides from Hub24's shareholder meeting presentation, Dec 14, 2021
Slide 1: Managing Director's Presentation to the HUB24 Annual General Meeting
ASX Release: 14 December 2021 Managing Director’s Presentation to the HUB24 Annual General Meeting For personal use only The Managing Director’s Presentation is attached that will be delivered to the HUB24 AGM. For further information please contact: Kitrina Shanahan Anne McDonnell Chief Financial O
Slide 2: Managing Director's Address
For personal use only MANAGING DIRECTOR’S ADDRESS Andrew Alcock Managing Director 14
Slide 3: HUB24 Overview
HUB24 OVERVIEW For personal use only is a leading PLATFORM PARS 92 * FINANCIAL Australian provider of SERVICES CLIENTS Custodial administration Non-custodial administration wealth management products & services. Platform FUA PARS FUA HUBconnect Broker HUB24’s investment $45.4BN $17.8BN Customer mana
Slide 4: FY21 Financial Highlights
FY21 FINANCIAL HIGHLIGHTS1 Statutory NPAT $9.8m For personal use only Up 20% Including $7.5m of transaction & implementation costs $110.9m $101.1m Underlying NPAT2 34% Total Group Revenue³ 36% Platform Revenue3 $15.0m Up 53% Full Year Dividend $36.2m $37.9m 10cps Up 43% 47% Group Underlying EBITDA 3
Slide 5: Strong Track Record of Sustainable Growth
STRONG TRACK RECORD OF SUSTAINABLE GROWTH For personal use only $m REVENUE 5YR CAGR 36% UEBITDA 5YR CAGR 57% 120 Australia’s 100 Best Platform 80 Overall² Growing rapidly with 60 4.3% market share and significant 40 opportunity for further 20 growth³ 0 FY17 FY18 FY19 FY20 FY21 Revenue¹ UEBITDA¹ 1. G
Slide 6: Growing FUA and Market Share
GROWING FUA AND MARKET SHARE For personal use only Netflow share to underlying market share ratio¹ Growth in Platform FUA, PARs FUA & net flows per quarter pcp² FUA $m Netflows ($m) 140.00 60,000 4,000 120.00 3,500 50,000 100.00 3,000 80.00 40,000 2,500 60.00 30,000 2,000 40.00 1,500 20.00 20,000 -
Slide 7: HUB24 – Australia's Best Platform Overall & Voted No.1 by Advisers
HUB24 – AUSTRALIA’S BEST PLATFORM OVERALL & VOTED NO.1 BY ADVISERS For personal use only st Best Platform 1 Overall¹ HUB24 has the highest adviser consideration when choosing a new platform³ st 1 Platform Service² HUB24 achieved the highest increase in number of adviser relationships³ Advisers who u
Slide 8: A Year of Growth, Innovation & Delivering on Strategy
A YEAR OF GROWTH, INNOVATION & DELIVERING ON STRATEGY For personal use only Completed three Continued to strategic transactions enhance our offer Record platform PARS FUA Acquisition of Xplore & Ord Delivered platform customer 997 Minnett PARS delivering service enhancements, annual net $17.2bn acro
Slide 9: Strategy and Outlook
For personal use only STRATEGY AND OUTLOOK ANDREW ALCOCK Managing Director 21
Slide 10: Empowering Better Financial Futures, Together
EMPOWERING BETTER FINANCIAL FUTURES, TOGETHER For personal use only Strategic pillars DELIVER CONTINUE TO BUILD COLLABORATE TO CUSTOMER VALUE THE PLATFORM OF SHAPE THE FUTURE OF & GROWTH THE FUTURE THE WEALTH INDUSTRY Continue to develop our platform Deliver new innovative solutions Leverage our tec
Slide 11: HUB24 Well Positioned to Capture Market Opportunities
HUB24 WELL POSITIONED TO CAPTURE MAKET OPPORTUNITIES For personal use only Superannuation Australian Investment Managed Account PARS Market1 Platform Market2 Market3 Market4 Growing at HUB24 market share HUB24 market share HUB24 market share 11.3%⁵ 3.9% 19% 12% Other Investment Other services Indust
Slide 12: Prioritising Future Growth Opportunities
PRIORITISING FUTURE GROWTH OPPORTUNITIES For personal use only COLLABORATE TO CONTINUE TO BUILD CUSTOMER SHAPE THE FUTURE THE PLATFORM OF VALUE & GROWTH OF THE WEALTH THE FUTURE INDUSTRY • Create further value for clients by • Complete integration of strategic • Collaborate with licensees to develop
Slide 13: Proposed Acquisition of Class
For personal use only PROPOSED ACQUISITION OF CLASS 25
Slide 14: Strategic Rationale
STRATEGIC RATIONALE For personal use only The combined business will benefit from increased scale, capabilities, product offering, distribution reach and technology resources Lead the wealth industry as the best provider of integrated platforms, technology & data Aligns to our Delivers growth Combin
Slide 15: Complementary Businesses
COMPLEMENTARY BUSINESSES For personal use only SMSF administration – Class Super Custodial administration – Platforms Product Trust Administration – Class Trust Non-custodial administration - PARS Suite DocTech – NowInfinity HUBconnect Portfolio Reporting & Portfolio Administration – Class Portfolio
Slide 16: Indicative Timeline
INDICATIVE TIMELINE For personal use only 2021 15th December 2021 First Court Hearing 20th December 2021 Class to dispatch Scheme Booklet to its shareholders 2022 Mid to late January 2022 Class Shareholder Scheme Meeting Early February 2022 Second Court Hearing Early February 2022 Effective Date Mid
Slide 17: Outlook
OUTLOOK For personal use only POSITION HUB24 FOR PURSUE CONTINUING STRONG ONGOING SUCCESS GROWTH FINANCIAL RESULTS • Continued investment in • Leverage current licensee and • Leverage FUA growth and FY23 Platform FUA product innovation & customer adviser relationships and business scalability to del
Slide 18: Disclaimer
Disclaimer For personal use only SUMMARY INFORMATION FORWARD LOOKING STATEMENTS The material herein is a presentation of general background This presentation contains certain forward-looking information about HUB24 Limited’s (‘HUB’) activities current statements. The words ‘anticipate’, ‘believe’, ‘