Wt Financial Group Ltd. · ASX:WTL
Wt Financial — H1 FY2025 Earnings Presentation
19 slides from Wt Financial's earnings presentation, Feb 6, 2025
Slide 1: WTL Half-Year Indicative Results Webinar and Deck
ASX Announcement – 6 February 2025 WTL HALF-YEAR INDICATIVE RESULTS WEBINAR AND DECK WT Financial Group Limited (“WTL”, “the Company” or “the Group”) is pleased to provide a copy of the presentation deck for today’s Investor Webinar to discuss its indicative results for the half-year to 31 December
Slide 2: The Future of Quality Advice
ASX:WTL ASX: WTL The Future of Quality Advice WTL H1 FY2025 Results Webinar 6 February 2025 1 111 1
Slide 3: Important Information
Important Information Issuer and Date Investment Risk This investor presentation (Presentation) has been prepared by WT Financial Group Limited (ACN 169 037 058) An investment in WTL shares is subject to known and unknown risks, some of which are beyond the control of the (WTL) and is dated 6 Februa
Slide 4: WT Financial Group Limited brands and services
WT Financial Group Limited brands and services WTL is a “pure play” wealth management and financial and personal risk insurance advice group with B2B scale and real-world B2C experience and expertise. Advice is at the heart of everything we do. ASX LISTED PARENT COMPANY B2B LICENSING SOLUTIONS FOR A
Slide 5: Centralised hub delivers operational efficiency
Centralised hub delivers operational efficiency Our operating model has enabled us to retain our strong legacy brands and cohorts while gaining efficiencies through centralised supports. CENTRALISED ADVISER SUPPORT AND SERVICES HUB APL | Policy suite | Adviser education and training | Consumer engag
Slide 6: H1FY2025 – Strong revenue and profit growth
H1FY2025 – Strong revenue and profit growth WTL is expecting to report a 33.5% increase in revenue & other income and a 35.8% increase in underlying net profit before tax for the underlying business over the prior corresponding period (PCP) H1 FY2025 H1 FY2024 Variance Total Underlying Revenue and O
Slide 7: Re-cap of indicative Half Year results
Re-cap of indicative Half Year results Underlying revenue up 33.5% and underlying NPBT up 35.8% on prior corresponding period (PCP) Revenue & Other Income for the underlying business up 33.5% to $106.30M (PCP $79.60M). Direct Cost of Sales were $96.13M (PCP $71.57M), resulting in an expected gross
Slide 8: Underlying business delivering consistent growth
Underlying business delivering consistent growth Underlying business has delivered four consecutive years of revenue and profit growth as the Company executed its acquisition and renovation strategies to redefine the adviser-licensee relationship and rationalized operations and its networks. Annual
Slide 9: Acquisitions and new paradigms have delivered balance sheet turnaround
Acquisitions and new paradigms have delivered balance sheet turnaround Net assets increased by 394% from FY2021 to FY2024, against an increase in issued capital of just 68%. Assumed liabilities and backend payments related to acquisitions satisfied. Corporate debt at very manageable $6.7M. Net Asset
Slide 10: Industry tailwinds and supply-demand imbalance provide for significant upside
Industry tailwinds and supply-demand imbalance provide for significant upside The Company’s results are not only reflective of the performance of its own team and network practices, but of a very positive future for all advice practices and advice network operators in Australia. Adviser numbers ha
Slide 11: Australia's wealth management boom continues
Australia’s wealth management boom continues A rapidly expanding market backed by mandatory superannuation contributions and demographic tailwinds with a wall of people and a wall of capital nearing retirement 5th largest pension pool globally, with over A$4.0 trillion in superannuation assets.
Slide 12: Forces driving industry consolidation
Forces driving industry consolidation Scale and resources are becoming critical success factors for advice practices and that is driving demand for M&A activity and attracting significant foreign interest and capital Regulatory complexity and a chokehold on supply of new human resources favours la
Slide 13: Why invest in Australian financial advice and wealth management
Why invest in Australian financial advice and wealth management The compelling economics of a high-growth sector with baked-in statutory growth with high barriers to entry provide for significant potential upside Recurring revenue models from ongoing client fees – in many cases linked to asset val
Slide 14: WT Financial Group is in a unique strategic position
WT Financial Group is in a unique strategic position Proven track record of success in M&A with a model that has been fine-tuned for scale in an increasingly consolidating market Multi-brand strategy serving a broad adviser (and client) base from a centralised support hub that provides efficiency
Slide 15: Conclusion: capturing the upside
Conclusion: capturing the upside WTL is positioned for growth in a transforming industry Demand for advice is rising; supply of advisers is constrained. M&A momentum is set to continue, driving strong sector returns. WT Financial Group is well-positioned to harness growth and consolidation.
Slide 16: WT Financial Group Limited Board of Directors
WT Financial Group Limited Board of Directors The WTL Board includes significant shareholder founders and has a strong record of success in financial services, and in mergers and acquisitions in private and public companies. Guy Hedley Keith Cullen Non-Executive Chairman Founder and Managing Directo
Slide 17: WT Financial Group Limited Executive Team
WT Financial Group Limited Executive Team WTL has a hands-on senior executive team with significant shareholdings and extensive experience in financial services in both B2B and B2C roles enabling it to add real value to the practices the group supports. Frank Paul David Newman Joint COO, Group Head
Slide 18: WT Financial Group Limited Top shareholders
WT Financial Group Limited Top shareholders WTL is founder led with board and management having significant holdings. Additionally, WTL has a strong register of experienced financial services investors who share its vision, including UIL, Ariadne and IFM and leading financial services executives. To
Slide 19: Thanks for joining Contact us for further information
Thanks for joining Contact us for further information Keith Cullen Founder and Managing Director (02) 9248 0422 Jane Morgan Investor and Media Relations jm@janemorganmanagement.com.au 0405 555 618 181818 18