Prime Financial Group Limited · ASX:PFG
Prime Financial — Shareholder Meeting (November 2009)
9 slides from Prime Financial's shareholder meeting presentation, Nov 20, 2009
Slide 1: Annual General Meeting Managing Director / CEO Presentation
Annual General Meeting Managing Director / CEO Presentation 20 November 2009 National Financial Services & Advisory Group
Slide 2: Summary: Overview
Summary Overview National Financial Services & Advisory Group Financial Planning (FP), Self Managed Super (SMS) & Acc Accounting nting Services (AS) - FP & SMS contribute 60 – 80% + of earnings (Typically 80% +) - AS contributes 20 - 40% of earnings (Typically 20%) Financial Planning & Self Managed
Slide 3: Summary: Financial Information
Summary Financial Information FY09 EBIT (Excluding Capital Items) $4.24M v $7.41M FY08 (Down 42%) - 1H09 EBIT $1.88M - 2H09 EBIT $2.36M (+ 26%) Group Operating Margin FY09 = 36% - 1H09 = 33% - 2H09 = 38% Corporate Net Debt 30 June 2009 = $6.5M – Gearing 10% Dividends to return to historic payout lev
Slide 4: Structure Chart
Structure Chart PRIME FINANCIAL GROUP LTD Financial Planning/ Accounting SMSF Services Services 100% equity 100% equity $1.0B Retail Financial Planning Wholesale Financial Planning Total CARROLL, PIKE & PIERCY PTY LTD PRIMESTOCK SECURITIES SECURITIES LTD FUM AFS Licence AFS Licence Direct to market
Slide 5: FY2010 Financial
FY2010 Financial EBIT - 1st Quarter FY10 ahead of target - October (Trend continuing) Operating Margin (1H09 = 33%, 2H09 = 38% & 1st Quarter FY10 = 44%)
Slide 6: FY2010 Financial Planning & Self Managed Super
FY2010 Financial Planning & Self Managed Super New Business Revenue (Trending back to historical levels) Recurring Revenue (Trending back to historical levels) Financial Planning New Business Revenue Financial Planning Recurring Revenue 450 700 400 650 350 600 300 $'000 Revenue $'000 Revenue 550 250
Slide 7: FY2010 Targets & Longer Term
FY2010 Targets & Longer Term FY2010 Grow Normalised EBIT by 25% + to $5.3M + (FY09 = $4.24M) - Currently ahead of target Increase Operating Margin from 36% (FY09) to 43% (FY10) - Currently ahead of target @ 44% Build New Financial Planning FUM by $80.0M - $100.0M + for year - On target Maintain Gros
Slide 8: Strategy
Strategy Focus on Financial Planning (FP), Self Managed Super (SMS) & Accounting Services (AS) Build New FUM - Organic Growth in New Client numbers (Wholesale & Retail) - Acquisitions (Where appropriate) - Integrate AS & SMS Investees more with FP Operations (Grow FUM) Provide quality advice / servi
Slide 9: Contact
Contact Simon Madder Managing Director / CEO Prime Financial Group Ltd Level 17, Como Office Tower 644 Chapel Street South Yarra VIC 3141 Tel 03 9827 6999 Fax 03 9827 9100 simonm@primefinancial.com.au
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