Teaminvest Private Group Ltd · ASX:TIP

Teaminvest Private — Investor Presentation (August 2024)

28 slides from Teaminvest Private's investor presentation, Aug 15, 2024

  1. Slide 1: Teaminvest Private Group Limited Company Presentation

    For personal use only Teaminvest Private Group Limited ASX: TIP Company Presentation TIP GROUP © Copyright 2024

  2. Slide 2: Important Notice and Disclaimer

    Important Notice and Disclaimer This presentation is issued by Teaminvest Private Group Limited (ACN 629 045 736) (TIP or the Group). The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular indivi

  3. Slide 3: Contents

    Contents For personal use only Purpose, Mission & Vision Noble purpose We compound knowledge and wealth Track record of success Niche focus, business model and strategy Mission Operations We use proprietary, research driven, insights to create better investors and better people Case studies Financia

  4. Slide 4: TIP is an ASX listed investment house focused on compounding knowledge and wealth

    For personal use only TIP is an ASX listed investment house focused on compounding knowledge and wealth. TIP GROUP © Copyright 2024 4 An ASX-listed investment house focused on compounding knowledge and wealth

  5. Slide 5: We have a proven track record of success

    We have a proven track record of success For personal use only • Active investments, where we assist with business operations. • > 2.5x Money on Invested Capital (MOIC)1 • Education, where we help people become better investors. • 16.27% pa Gross Return over 23 years. 2 • Passive investments, where

  6. Slide 6: What makes us unique gives us our Unfair Advantage

    What makes us For personal use only unique, also gives us our Unfair Advantage • Niche focus • Direct Investments in the SME sector: • Passive investments in listed assets. • Both benefit from the direct insights generated from our education business. • Specialist skills and network • Access to pati

  7. Slide 7: Leadership and Alignment

    Leadership and For personal use only Alignment Andrew Coleman Dean Robinson Sanjee Narendran Greg Wang CEO CFO & COO Head of Funds Head of Alternative Alignment:  Andrew is a co-founder of TIP  Dean is responsible for Management and Investments overseeing the finance and and is responsible for the

  8. Slide 8: Strategy

    Strategy For personal use only Our strategy is to continue growing Look Through Revenue and Earnings by: • Active investments • Enhance our portfolio by driving efficiency and developing management to sustainably grow profits. • Passive investments • Compound our advantage through increasing funds u

  9. Slide 9: Use of Cash ($m) – investing in profitable growth through FY24

    Use of Cash ($m) – investing in profitable growth through FY24* Total 0.4 6.0 For personal use only (0.6) (3.3) 7.9 (3.1) 6.4 (0.9) Opening Cash Balance Operating cashflow Sale of assets Replacement capex Growth Capex New Investments Dividends & Buy-back Ending Cash Balance Growth Capex ($m) New Inve

  10. Slide 10: Revenue and EBITDA by business type

    For personal use only Revenue and EBITDA by business type Passive Passive 5% Passive Investments ($m assets) 3% 5,397 3.4 3,402 Revenue EBITDA FY23 FY23 1.4 1,391 0.8 0.5 802 502 Active Active FY21 FY22 FY23 1H24 FY24 Outlook* 97% 95% *This financial information presented is unaudited and from manag

  11. Slide 11: Active Investments (95% of group EBITDA)

    Active Investments (95% of group EBITDA)* (As at 31 Dec 2023) > 2.5x Money on Invested Capital (MOIC) For personal use only REVENUE EBITDA FY23 FY23 Engineering Technology Services Education TIP GROUP © Copyright 2024 12 An ASX-listed investment house focused on compounding knowledge and 12 wealth

  12. Slide 12: Active Investments

    Active Investments For personal use only • Typically 10-20 assets. • Focused on stable, founder led businesses that can benefit from mentorship and capital. • Predominantly unlisted. • Unlisted acquisitions typically on 4-7x PE vs 15-25x for listed. • Listed investments offer greater liquidity, at a

  13. Slide 13: Case Study

    Case Study 1 For personal use only Complete solution in traffic management with 302,000+ pa hours worked; 300+ traffic controllers and 120+ vehicles*. • Initial stake acquired 2014. Wholly owned since 2018 • 30% of Active EBITDA* • MOIC 2.8x to 31st Dec 2023 * As at FY23 TIP GROUP © Copyright 2024 1

  14. Slide 14: Case Study

    Case Study 2 For personal use only Australian leader in high volume trailer engineering. In FY23 engineered approx. 250 trailers. In FY24 doubled production capacity and took possession of a new 14,000sqm facility. • Initial stake acquired 2013. Wholly owned since 2018 • 28% of Active EBITDA* • MOIC

  15. Slide 15: Case Study

    Case Study 3 For personal use only Financial education business for high net worth investors. Owner of proprietary stock filtering and valuation software. $1.6b* Funds under advice including aggregate top 20 shareholding in 27 ASX listed companies including DTL, AX1, NCK, CCP, NHF, CTD, CDA, ARB, MI

  16. Slide 16: Passive Investments

    Passive Investments For personal use only • Funds Management, Trustee, Registry and Administration services. • Insurance brokerage and corporate advisory • Direct investment in select listed opportunities • Utilises the infrastructure and insights developed from our education business • Patient capi

  17. Slide 17: Case Study: Conscious Investor Fund

    Case Study 4 Conscious Investor Fund For personal use only A Global Equities Fund investing in Teaminvest Wealth Winners®. FUM $161m as at 30 June 2024. Has delivered a return to investors of 11.24%pa after fees for 11 years. • Acquired 50% in 2022 • 36% of FY23 Passive Revenue • MOIC 0.7x to 31st D

  18. Slide 18: Case Study: Corinthian Balanced Fund

    Case Study 5 Corinthian Balanced Fund For personal use only A mixed asset fund created to assist Not-For-Profit and Charitable institutions to further their cause by maximising the value of their endowments, delivering a net investor return of 8.93% in FY24 and a FUM of $66m as at 30 June 2024. • Wh

  19. Slide 19: Group Financials

    For personal use only Group Financials TIP GROUP © Copyright 2024 20 An ASX-listed investment house focused on compounding knowledge and wealth

  20. Slide 20: Look Through Profit & Loss

    For personal use only Look Through Profit & Loss Look Through Revenue ($m) Look Through EBITDA ($m) 161.5 15.7 152.1 144.6 14.7 135.7 137.5 13.6 13.5 125.7 117.3 8.4 7.2 0.8 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY17 FY18 FY19 FY20 FY21 FY22 FY23 TIP GROUP © Copyright 2024 21 An ASX-listed investment h

  21. Slide 21: Group Balance Sheet

    Group Balance Sheet Statutory For personal use only ($m) Balance Sheet FY17 FY18 FY19 FY20 FY21 FY22 FY23 Per share Current assets 15.5 20.3 27.0 35.0 38.7 38.4 43.1 Non-current assets 21.3 22.0 68.2 72.9 93.8 77.7 80.6 Total assets 36.8 42.3 95.2 107.9 132.5 116.2 123.7 4.64 Current liabilities 18.

  22. Slide 22: Valuation Metrics

    Valuation Metrics Price / Book Ratio 1.42 For personal use only IPO FY19 FY20 FY21 FY22 FY23 0.71 0.70 0.61 0.48 Share price ($) 5.00 4.65 2.60 2.95 1.88 1.55 1.28 Shares (m) 22.3 22.2 22.2 26.1 26.3 27.1 27.1 FY19 FY20 FY21 FY22 FY23 Market cap ($m) 111.4 103.3 57.8 77.0 49.5 42.1 34.7 Net debt ($m

  23. Slide 23: Q&A

    For personal use only Q&A TIP GROUP © Copyright 2024 24 An ASX-listed investment house focused on compounding knowledge and wealth

  24. Slide 24: Thank you

    For personal use only Thank you Andrew Coleman CEO Head Office - Sydney Ground Floor, Suite G.02 23 Ryde Road Pymble NSW 2073 TIP GROUP © Copyright 2024 25 An ASX-listed investment house focused on compounding knowledge and wealth

  25. Slide 25: Appendix

    For personal use only Appendix TIP GROUP © Copyright 2024 26 An ASX-listed investment house focused on compounding knowledge and wealth

  26. Slide 26: Group Profit & Loss

    Group Profit & Loss Statutory For personal use only ($m) CAGR P&L FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY23 Δ% FY17-23 Revenue 77.1 84.0 28.4 89.0 91.4 92.7 111.4 20% 6% Operating expenses (78.1) (77.3) (28.4) (77.3) (78.4) (88.7) (102.7) EBITDA (1.0) 6.6 0.0 11.7 13.1 4.0 8.7 119% 1,333% D&A (0.8) (1

  27. Slide 27: Board of Directors

    Board of Directors Title Profile Shares Malcolm has experience in managing large organisations. He has held positions as a member of the Group Management board of Zurich Financial Services Malcolm Jones For personal use only in Switzerland, CEO of Zurich Financial Services Asia Pacific, CEO of Zuric

  28. Slide 28: Board of Directors (cont'd)

    Board of Directors (cont’d) Title Profile Shares Regan has worked as an executive director for 40 years for both national and multi-national companies. His focus has been primarily on strategic VOTING MEMBERS Regan For personal use only business development, administration and back-office systems. H

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