Eureka Group Holdings Limited · ASX:EGH
Eureka — Investor Presentation (May 2015)
20 slides from Eureka's investor presentation, May 26, 2015
Slide 1: Eureka Group Holdings Limited – ASX Spotlight Series
For personal use only Eureka Group Holdings Limited ASX Spotlight Series 26 May 2015
Slide 2: Snapshot
Snapshot For personal use only Eureka Group Holdings Limited (“Eureka”) is an ASX listed company (ASX: EGH) focused on the following: 1) Providing quality and affordable rental accommodation for seniors and disability pensioners living independently in a friendly, safe and well managed environment.
Slide 3: Share Price, Liquidity & Timeline
Share Price, Liquidity & Timeline For personal use only The graphs below show the recent improvement in both share price and liquidity: 33 of of20 5
Slide 4: Summary Forecast – Year ending June 2015
Summary Forecast – Year ending 30 June 2015 For personal use only The table below is the summary forecast results for the year ending 30 June 2015 compared with the results from the comparative financial year: Year ending 30 June 2015 Summary Actual Forecast 10 months to 1 May to Year ended Year end
Slide 5: EBITDA Pro Forma Annualised Basis
EBITDA| Pro Forma Annualised Basis For personal use only The seven villages (Mackay, Cairns, Wayford House, Avenell, Elizabeth Vale 2, Whyalla and Lismore) and two management rights (Tivoli Gardens and Rockhampton 2) acquired between April 2014 and May 2015 are expected to contribute an additional $
Slide 6: Rental Villages: About The Industry
Rental Villages| About The Industry For personal use only There are over 1,750 facilities catering for aged accommodation across Australia, with approximately 150,000 residents. Research has indicated satisfaction levels of approximately 95% with residents’ decision to reside in a village. Indus
Slide 7: Rental Villages: Innovation in Operation
Rental Villages| Innovation in Operation For personal use only Eureka has recognised that our Village Managers on the ground are our greatest asset for ensuring customer satisfaction and high occupancy. Caring for and living with residents and their constant need for moral support is a situation
Slide 8: Our Market: Market Size - Population
Our Market| Market Size - Population For personal use only Over the next 20 years the number of Australians aged 75 and above will more than double. All Eureka villages have strong enquiry driven by demand from an increasing aging population. Rental is the most affordable and often the only opti
Slide 9: Our Market: Cottage Industry
Our Market| Cottage Industry For personal use only Around 1,750 villages in Australia. Approximately 60 only villages managed by corporatised entities. Balance owned - managed by owner operators/single strata title structures. Powerful demand trend driven by significant growth in seniors pop
Slide 10: Our Market: Buy & Build Potential
Our Market| Buy & Build Potential For personal use only Highly fragmented market. Consolidation opportunities. Limited competition offering affordable solutions. Attractive Demographic trends underpin long term demand. Stable earnings, positive rental growth year-on-year. Market Recurrin
Slide 11: Our Market: Our Resident Experience
Our Market| Our Resident Experience For personal use only Eureka strives to make our residents’ experience comfortable, friendly supportive and independent. 49sqm self contained units. Freshly prepared meals each day. Live in onsite manager. Emergency monitoring. Social and wellbeing progr
Slide 12: Summary
Summary For personal use only Eureka is focused on providing affordable rental accommodation for seniors living independently in Australia. Eureka’s goal is to be largest owner/operator of regional seniors rental villages in Australia. Clear strategy in place to grow the number of properties E
Slide 13: Contact Details
Contact Details For personal use only Robin Levison Chairman Phone: (07) 5568 0205 Email: robin.levison@eurekagroupholdings.com.au 13 13ofof20 5
Slide 14: Appendix
Appendix For personal use only Appendix 1: The Rental Model Appendix 2: Top 20 Shareholders Appendix 3: Village Locations Appendix 4: Pro Forma Balance Sheet and Income Statement Appendix 5: Federal Budget Changes to Pensions 14 14ofof20 5
Slide 15: Our Model: Why Rental?
Appendix 1 Our Model| Why Rental? For personal use only The table below is a comparison of the Eureka model against other models in the market from the perspective of a typical resident: Case Study 1 Use their savings/superannuation of $300,000 to move into a DMF village. Deferred Repay the DMF
Slide 16: Shareholders: Top
Appendix 2 Shareholders| Top 20 For personal use only The table below is a snapshot of the top 20 shareholders as at 8 May 2015: Shares held on Rank Name a diluted basis % Held 1 SANDHURST TRUSTEES LTD 15,861,256 9.87% 2 LACHLAN MCINTOSH (THROUGH CONTROLLED ENTITIES) 12,612,832 7.85% 3 ROBIN LEVISON
Slide 17: Village Locations: By State
Appendix 3 Village Locations| By State For personal use only NT QLD 13 WA SA 6 NSW 2 VIC ACT TAS 17 17ofof20 5
Slide 18: Pro Forma Balance Sheet and Income Statement
Appendix 4 Pro Forma Balance Sheet and Income Statement For personal use only The pro forma balance sheet shows the increase in assets and liabilities from the village acquisitions, the internal / independent valuation of management rights, as well as the inclusion of 1-year pro forma NPAT for Eurek
Slide 19: Our Market: Federal Budget Changes to Pensions
Appendix 5 Our Market| Federal Budget Changes to Pensions For personal use only SINGLE NON-HOMEOWNER SINGLE HOMEOWNER Current Propos ed Current Propos ed As s es s i bl e pens i on new Cha nge i n As s es s i bl e a s s ets Number As s es s i bl e pens i on new Cha nge i n As s es s i bl e a s s ets
Slide 20: Disclaimer
Disclaimer For personal use only NO responsibility for contents of Presentation To the maximum extent permitted by law, Eureka Group Holdings Limited (ABN 15 097 241 159). its officers, advisers and representatives: • make no representation, warranty or undertaking, and accept no responsibility or l
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