Raiz Invest Ltd. · ASX:RZI
Raiz Invest — Shareholder Meeting (November 2024)
20 slides from Raiz Invest's shareholder meeting presentation, Nov 26, 2024
Slide 1: ASX Announcement: Chair's Address, CEO's Address, and CEO Presentation
ASX Announcement | 26 November 2024 Raiz Invest Limited (ASX:RZI) Chair’s Address, CEO’s Address, and CEO Presentation Raiz Invest Limited (ASX:RZI) (Company) is pleased to release the following documents to be presented at its 2024 Annual General Meeting being held at 11:00am (Sydney time) today:
Slide 2: 2024 Annual General Meeting - Chair's Address
ASX Announcement | 26 November 2024 Raiz Invest Limited (ASX:RZI) 2024 Annual General Meeting - Chair’s Address On behalf of the Board, I’m very pleased to report that Raiz has made significant progress on key strategic priorities over the past year. We are excited about driving stronger performance
Slide 3: Chair's Address continued and CEO's Address
In addition, a white-label solution for the wealth management industry is at pilot stage and will be promoted in 2025. Simultaneously, we continue to identify and evaluate opportunities for strategic acquisitions that will deliver value for all stakeholders. During the year the Board has worked clos
Slide 4: CEO's Address: Key achievements in FY24
Over the past year, we achieved high customer retention rates driven in part by our focus on innovation and the launch of new products. A key highlight was the strong uptake of these new products by our existing customer base. However, new customer acquisition was below our expectations. The partner
Slide 5: CEO's Address: Growth pillars and FY25 initiatives
There are many potential partners and stakeholders out there who are interested in our retail consumer base of 315K and our $1.5b FUM and we will work together to leverage these assets. Our long-term vision is to help Australians to create wealth with a focus on sustainable earnings growth. Our four
Slide 6: CEO's Address: State Street partnership and business model
scoping of the market opportunity for a co-branded series of products. SSGA is the 4th largest asset manager in the world, and we believe that their decision to invest in Raiz as part of their Australian growth strategy, provides clear evidence that we are on the right path. We are at the early stag
Slide 7: CEO's Address: Closing remarks
continually look after each other, our customers and drive for growth and improvement personally and in the business every second of everyday. Thank you. ***Ends*** For personal use only
Slide 8: FY24 AGM November 2024 - Raiz Invest, Investing made easy
AGM 26 Nov 2024 For personal use only FY24 AGM 26 November 2024 Raiz Invest– Investing made easy Level 9, 2 Bulletin Place, Sydney NSW 2000 Announcement authorised by the Board of Directors 26 November 2024
Slide 9: Key milestones achieved
Key milestones achieved Improved profitability, focused execution and streamlined operations AGM 26 Nov 2024 Strong revenue growth:Australian revenue of $21m in FY24, up 19% YOY Add Screen Shot Improved profitability: Positive EBITDAof $1.3m for Australian operations in FY24 For personal use onl
Slide 10: Strong performance across key metrics
Strong performance across key metrics Solid proven platform for ongoing growth and path to profitability AGM 26 Nov 2024 Active Customers FUM Average Balance (#) (A$m) (A$) 315,634 For personal use only 1,591 5,040 306,776 1,396 4,551 295,943 1,132 3,823 289,500 940 3,248 800 2,929 272,976 30 June 3
Slide 11: Strong uptake of new products
Strong uptake of new products Increased engagement with existing users, increased -promotion cross and ARPU AGM 26 Nov 2024 315,634 12,369 11,558 For personal use only 306,776 9,316 • Increased engagement with existing users 295,943 • Increased cross -promotion within the product ecosystem • Product
Slide 12: Retail investing is a large and growing market
Retail investing is a large and growing market Raiz creates a long-term relationship with retail investors throughout their wealth journey AGM 26 Nov 2024 Raiz is a market leader with first-time investors For personal use only Active Users +315k Plus Users Rewards Users Super Users *Source: ABS, ASX
Slide 13: Significant increase in FUM
Significant increase in FUM Increased engagement with existing users AGM 26 Nov 2024 1,591 327 231 27 28 For personal use only 288 58 1,396 177 21 1,132 225 44 107 20 TOTALFUM ($ MILLION) SUPER FUM ($ MILLION) PLUS FUM ($ MILLION) KIDS FUM ($ MILLION) PROPERTYFUM ($ MILLION) Jun 23 Jun 24 24 Nov 24
Slide 14: Helping Australians to create wealth
Helping Australians to create wealth Implementing the growth strategy in FY25 and beyond AGM 26 Nov 2024 LONG TERM FOCUS Helping Australians to create wealth For personal use only EVERYDAY FOCUS Engage existing customers & attract new customers FOUR STRATEGIC Brand & Exceptional Customer Sustainable
Slide 15: Investing in new digital channels and strategic partnerships
Investing in new digital channels and strategic partnerships Focus on re -engagement and brand awareness for new customer acquisition AGM 26 Nov 2024 Mainstream channels with simple brand messaging Niche influencers with customised messages Strategic partnerships For personal use only LeveragingChan
Slide 16: Strategic partnership with State Street Global Advisors
Strategic partnership with State Street Global Advisors Large global asset manager supporting our focus on growth AGM 26 Nov 2024 For personal use only • Global leader:State Street is the th4largest asset manager worldwide • Marketing: Promote Raiz to their substantial network of institutional and H
Slide 17: The competitive landscape is changing
The competitive landscape is changing Raiz is well positioned for industry consolidation AGM 26 Nov 2024 Round Up Investments Raiz delivers: For personal use only Recurring • a comprehensive offering for retail Investments investors Lump sum investments • the highest app store ranking relative Super
Slide 18: Investment Highlights
Investment Highlights Compelling investment thesis AGM 26 Nov 2024 1 2 3 4 5 6 For personal use only SCALABLE SOLID CUSTOMER NEW EXPANDED WELL MODEL TRACTION FIRST MARKETS RESOURCES FUNDED Proven scalable Expanded Customer centric Upcoming launch Ability to Strong balance technology and ecosystem of
Slide 19: Important notice and disclaimer
Important notice and disclaimer AGM 26 Nov 2024 This presentation has been prepared by Raiz Invest Limited (ACN 615 510 177) (RAIZ). References in this presentation to RAIZ include its group of companies and trusts. This presentation is subject to the conditions outlined below. Your receipt or viewi
Slide 20: Investor and media enquiries
AGM 26 Nov 2024 For personal use only Investor and media enquiries: Brendan Malone Managing Director and CEO M: + 61 439 339 195 E:ir@raizinvest.com.au Katie Mackenzie Investor Relations M: +61 455 502 197 E: kmackenzie@belleviewir.com.au (ASX:RZI) 13