Eureka Group Holdings Limited · ASX:EGH
Eureka — UBS Australasia Conference 2015
19 slides from Eureka's conference presentation, Nov 17, 2015
Slide 1: UBS Australasia Conference – Initiating change today
Eureka Group Holdings Limited UBS Australasia Conference For personal use only “Initiating change today” 17 November 2015
Slide 2: Company Overview
Company Overview For personal use only Provides quality and affordable rental accommodation for seniors and disability pensioners living independently in a friendly, safe and well managed environment. Eureka is consolidating a highly fragmented market. The company owns a rapidly expanding port
Slide 3: Income Statement – Year ended 30 June 2015
Income Statement Year ended 30 June 2015 For personal use only The table below is the summary of the results for the year ending 30 June 2015 compared with the results from the prior financial year: ($'000) FY2014 FY2015 $ Change % Change Total revenue 10,662 12,212 1,550 15% Key Points Operating ex
Slide 4: Balance Sheet – Year ended 30 June 2015
Balance Sheet Year ended 30 June 2015 For personal use only The table below is the summary of the balance sheet at 30 June 2015 compared with the comparative financial year: ($'000) 30 June 2014 30 June 2015 Key Points Assets Cash and cash equivalents 1,285 5,154 Trade and other receivables 368 306
Slide 5: Updated Capital Structure
Updated Capital Structure Placement to investors made 16/10/2015 For personal use only The table below outlines Eureka’s capital structure upon completion of the $10.35m capital raising: Fully paid ordinary shares Existing shares on issue 188.1m Institutional capital raising annouced 16 October 2015
Slide 6: EBITDA Pro Forma Annualised Basis
EBITDA Pro Forma Annualised Basis For personal use only The first five village acquisitions announced since 1 July 2015 (Mt Gambier, Rockhampton, Bowen, Wynnum & Terranora) will be settled from existing cash and facilities and are expected to contribute an additional $2.16m to Eureka’s EBITDA on an
Slide 7: Share Price & Liquidity
Share Price & Liquidity For personal use only The graph below outlines the improvement in the share price and liquidity over the last 12 months: Page 7
Slide 8: Shareholders – Top 20
Shareholders – Top 20 For personal use only The table below is a snapshot of the top 20 shareholders as at 4 November 2015 which includes the 1st tranche of shares issued in the recent placement (subject to shareholder approval): Rank Name Shares held % Held 1 NATIONAL NOMINEES LIMITED 16,272,798 8.
Slide 9: Village Acquisitions & Brown Field Development Opportunities
Village Acquisitions & Brown Field Development Opportunities For personal use only During the 30 June 2015 financial year the Group acquired 9 seniors rental villages, 5 manager’s units, a communal village hall and 2 x management rights. The 9 rental villages contained 524 units and were purchased f
Slide 10: Village Location – Clusters By State
Village Location Clusters By State Bring Scale & Scope Benefits For personal use only NT QLD 16 WA SA 6 NSW 3 ACT VIC 2 TAS Page 10
Slide 11: Our Market – About The Industry
Our Market About The Industry For personal use only There are over 2,270 facilities catering for aged accommodation across Australia, with approximately 184,000 residents. The number of residents is expected to increase to around 382,000 by 2025 which is more than double the number of residents
Slide 12: Our Market – Market Size - Population
Our Market Market Size - Population For personal use only Of the 2.34m people receiving a pension, 2m people receive a full government pension. All Eureka villages have strong enquiry driven by demand from an increasing aging population. Rental is the most affordable and often the only option fo
Slide 13: Our Market – Market Size - Population
Our Market Market Size - Population For personal use only Property Council of Australia has identified a “tsunami” of Australian’s approaching retirement as highlighted in the graph to the left. A significant portion of this population will be forced to seek rental accommodation in retirement as
Slide 14: Our Market – Cottage Industry
Our Market Cottage Industry For personal use only Around 1,750 villages in Australia. Approximately 60 villages managed by corporatised entities; Balance owned & managed by owner operators/single strata title structures/not for profits. Strong demand trend driven by significant growth in senio
Slide 15: 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 with positive rental growth year-on-year. Market Recur
Slide 16: Rental Villages – The Eureka Way Of Operating
Rental Villages The Eureka Way Of Operating For personal use only Eureka recognises 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 17: Summary – Initiating Change Today
Summary “Initiating Change Today” For personal use only Eureka is focused on providing affordable rental accommodation for seniors living independently in Australia. Eureka’s goal to be the largest owner/operator of regional seniors rental retirement villages in Australia. Clear strategy in pl
Slide 18: Contact Details
Contact Details For personal use only Robin Levison Executive Chairman Phone: (07) 5568 0205 Email: robin.levison@eurekagroupholdings.com.au www.eurekagroupholdings.com.au Page 18
Slide 19: 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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