Hub24 Limited · ASX:HUB
Hub24 — Australian Microcap Investor Conference 2017
21 slides from Hub24's conference presentation, Oct 17, 2017
Slide 1: For personal use only
For personal use only
Slide 2: Australian Microcap Investor Conference
17 OCT For personal use only 2017 AUSTRALIAN MICROCAP INVESTOR CONFERENCE
Slide 3: Microcap Investor Presentation: Funds Under Administration
17 FUNDS UNDER OCT For personal use only ADMINISTRATION 2017 MICROCAP 100m 1b 2b $ 3b 4b 5b 6b INVESTOR $ $ $ $ $ $ PRESENTATION June 2012 Sept 2014 27 months Oct 2015 13 months May 2016 7 months Dec 2016 7 months May 2017 5 months Sep 2017 4 Months
Slide 4: FY17 Highlights, Opportunities for growth, Outlook
For personal use only FY17 Highlights Opportunities for growth Outlook OVERVIEW Additional information
Slide 5: FY17 Highlights
FY17 HIGHLIGHTS For personal use only OUR FOCUS ON INVESTING IN PLATFORM INNOVATION Launch 1st Net flows of Acquisition of & GROWTH… $2.0b Agility Applications of direct investing in in categories international for Managed FUA increase shares across 15 of 66% since Accounts, User exchanges Interface
Slide 6: Our first year of profit
For personal use only ….HAS DELIVERED OUR FIRST YEAR OF PROFIT Underlying EBITDA¹ of Underlying NPAT² of Positive operating cashflows of 1st in overall $5.1m $3.9m $4.1m platform satisfaction³ 1. Underlying EBITDA represents earnings before interest, tax, depreciation, amortisation and other signifi
Slide 7: HUB24 leading change in wealth management
HUB24 LEADING CHANGE IN WEALTH MANAGEMENT UNDERPINNED BY MARKET LEADING TECHNOLOGY For personal use only The fastest growing Includes Paragem FUA $B 95% 4 YR CAGR OF FUA Revenue $M platform1 at a time of (Licensee with a national significant change for adviser network) which 6 30 wealth management i
Slide 8: Making a difference in customers' lives
Connecting brokers to new ways to grow their business For personal use only Supporting our licensees through connecting them to new ways to create value At HUB24 we make a difference Providing investors with in our customers’ the right solutions for their lives by wealth needs connecting them to inn
Slide 9: HUB24 continues to win awards
HUB24CONTINUESTOWINAWARDS For personal use only 1ST PLACE IN OVERALL 1ST PLACE FOR EASE OF 1ST PLACE FOR EASE OF PLATFORM SATISFACTION USE/NAVIGATION USE/NAVIGATION RECOGNISED FOR GROWTH ▬ Relationship support 1ST PLACE ▬ Mobile app IN 16 OUT OF ▬ Investment range 24CATEGORIES, ▬ Tax optimisation to
Slide 10: Group financial results
REVENUE BREAKDOWN GROUPFINANCIALRESULTS For personal use only 0.9 0.4 + 45% FIRST REPORTING PERIOD WHERE ALL GROUP PROFIT 4.7 10.9 3.6 LINES ARE POSITIVE – REFLECTING THE BENEFITS OF $m GROWTH AND SCALABILITY 62 43 FY17 FY16 FY17 v FY16 FY16 Platform Licensee IT Services Fair value gain Interest and
Slide 11: Platform segment results
PLATFORMSEGMENTRESULTS For personal use only CONTINUING INVESTMENT AND SOLID EXECUTION IS BEING REWARDED WITH FUA GROWTH, INDUSTRY RECOGNITION AND FY17 FY16 Var % EXPANDING PROFIT MARGINS PLATFORM FINANCIAL RESULTS $m $m % Retail FUA (Now 6.2b) 5.5b 3.3b 66% Revenue increase of 71% driven by net inf
Slide 12: Platform segment results: margin expansion
PLATFORMSEGMENTRESULTS For personal use only MARGIN EXPANSION ACROSS PROFIT LINES AT INCREASING SCALE $m 16 71% REVENUE INCREASE IN FY17 14 30 12 33% EXPENSE INCREASE IN FY17 25 10 PLATFORM 20 8 REVENUE, GROSS 15 PROFIT AND 6 PLATFORM UNDERLYING REVENUE AND 10 4 EXPENSES EBITDA¹ TRENDS 5 2 - - 1HFY1
Slide 13: Platform segment results: broadening distribution base
PLATFORMSEGMENTRESULTS For personal use only BROADENINGDISTRIBUTIONBASE ▬ 108 active licensees ▬ 15 white labels ▬ 37 new licensees to the platform in FY17 200 ▬ 3 new white labels Large client transition 150 DELIVERINGACROSSMULTIPLELEGAL 100 STRUCTURES AVERAGE 50 ▬ IDPS MONTHLY NET ▬ Super INFLOWS
Slide 14: Opportunities for growth
For personal use only OPPORTUNITIES FOR GROWTH
Slide 15: HUB24 is well positioned for further growth
HUB24ISWELLPOSITIONEDFORFURTHERGROWTH For personal use only MARKET SHARE BY NET FLOWS: TOP 10 PLATFORMS1 FUA AND NUMBER OF ADVISERS FUA % Net flows % mkt share 25.0% HUB24 achieves 10.47% of market flows with a current market share of 0.62% 0.7 12 20.0% 0.6 10 15.0% 0.5 8 0.4 10.0% 6 PLATFORMS 0.3 R
Slide 16: The changing landscape
THECHANGINGLANDSCAPE use only Adoption of Managed Market share continues to shift to Convergence occurring across Australians increasing use Portfolios across Dealer new / non-institutional platforms advisory, stockbroking and of international shares Group, Advisers financial advice ▬ Usage by advis
Slide 17: Agility Applications
AGILITYAPPLICATIONS AGILITY ACQUIRED 3 JANUARY 2017, IS A SUCCESSFUL SPECIALIST TECHNOLOGY SERVICES PROVIDER TO THE For personal use only FINANCIAL SERVICES INDUSTRY, PARTICULARLY STOCKBROKERS THE OPPORTUNITY ACTIVITY TO DATE ▬ Non-institutional advisers, brokers and ▬ Integration of data and report
Slide 18: Outlook
For personal use only OUTLOOK Continued strong Increasing Extend industry Pursue Continue to Growing our FUA growth distribution leadership appropriate lead change investment in: expected and footprint by position corporate and Platform innovation targeting to more accessing by connecting activity &
Slide 19: Capital structure at October 2017
CAPITAL STRUCTURE AT 12 OCTOBER ‘17 CORPORATE Shares on issue 60.69m For personal use only Share price $8.76 INFORMATION Market capitalisation SUBSTANTIAL SHAREHOLDERS $532m Thorney Holdings Ltd 14.94% Acorn Capital Ltd 8.18% HUB24 SHARE PRICE Ian Litster 5.90% $8.67 BALANCE SHEET AS AT 30 JUNE ‘17
Slide 20: Disclaimer
For personal use only DISCLAIMER SUMMARY INFORMATION some of which are beyond the control of HUB. HUB does not guarantee any particular rate of return or The material herein is a presentation of general the performance of HUB nor does it guarantee the background information about HUB24 Limited’s rep
Slide 21: For personal use only
For personal use only