Count Limited · ASX:CUP
Count — Shareholder Meeting (November 2023)
14 slides from Count's shareholder meeting presentation, Nov 14, 2023
Slide 1: Annual General Meeting
Count Limited Annual General Meeting 14 November 2023 Sydney, Australia This presentation has been authorised for release to the ASX by the Board of Count Limited. 1
Slide 2: Our bold ambition is supported by a strategic plan with five growth pillars
Our bold ambition is supported by a strategic plan with five growth pillars Our ambition To be the leading provider of integrated accounting and wealth services, helping clients through our dynamic perspective that identifies insights from their past, maximises their present and plans for a future w
Slide 3: Financial Year 2023 was a significant period of transformation, delivery and growth
Financial Year 2023 was a significant period of transformation, delivery and growth Number of Final dividend Aggregated Revenue Adjusted EBITA Advisers per share +11% +17% +13% +36% to $149.6M to $10.4M to 379 to 2.25 cents Compared to FY22 Aggregated Group employee Acquisitions Reported NPATA C
Slide 4: Financial Year 2024 Q1 Trading Update
Financial Year 2024 Q1 Trading Update • Count’s unaudited Q1 trading performance was $5.4m Segment EBITA¹ FY2024 Q1 FY2023 Q1 (EBITA). (Unaudited) ('$'m) ('$'m) Variance • This represents an increase of 31.7% on the prior Total 5.4 4.1 31.7% comparative period. • The result reflects Count’s discipli
Slide 5: Growth Momentum
Growth Momentum Strategic acquisitions and a strong pipeline positions Count for continued growth Completed Transactions in FY24 Transaction pipeline in FY24 FY24 COMPLETED LOCATION COMPLETION SERVICES TRANSACTIONS Active M&A Opportunities Bruce Edmunds Beaumaris, VIC 1 July 2023 Equity partnership
Slide 6: Case Study: Affinia Acquisition
Case Study: Affinia Acquisition Count continues to look for acquisition opportunities that provide scale in accounting and wealth • The Affinia acquisition enabled Count to scale up Wealth segment with the addition of around 100 AFSL quality financial advisers • TAL provided Count with specific warr
Slide 7: Diverger Acquisition - Strategic rationale
Diverger Acquisition - Strategic rationale The transaction is uniquely aligned to Count’s current operations and strategic priorities – the combination is expected to unlock material benefits for all stakeholders. • Material increase in scale for Wealth through addition of approximately 200 advisers
Slide 8: Compelling strategic fit with Diverger
Compelling strategic fit with Diverger The Diverger businesses fit neatly into the Count operating model Wealth Accounting Services Equity partners: CARE Portfolio Shared services Legal, Risk and Finance HR Tech & Ops Marketing Other Compliance 8
Slide 9: Incremental growth opportunities
Incremental growth opportunities The proposed transaction is expected to unlock several incremental growth opportunities for the combined business. CARE managed accounts Count managed accounts Future equity investments CARE FUM • Scope to • DWA managed account capability enhances • Potential for new
Slide 10: Count is well positioned for further growth
Count is well positioned for further growth Advisers an increasingly scarce resource pool Fees increasing to offset wage and compliance costs Total number of advisers Industry average and median client fees 22,000 21,397 4,500 20,000 18,947 4,000 (# of Advisers) 18,000 16,258 3,500 16,000 15,567 ($)
Slide 11: Closing Remarks
@ Count Closing Remarks | PR 4 ann a WD
Slide 12: < ee) Oo
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Slide 13: Important information
Important information This presentation is provided for information purposes only. The information in this Certain statements in this presentation may constitute forward-looking statements or presentation is in a summary form, does not purport to be complete and is not intended to statements about f
Slide 14: Count
& Count