Cash Converters International Limited · ASX:CCV
Cash Converters International — FY2013 Earnings Presentation
13 slides from Cash Converters International's earnings presentation, Aug 22, 2013
Slide 1: Investor Presentation - Financial Results 30 June 2013
For personal use only Investor Presentation Financial Results 30 June 2013
Slide 2: FY2013 Highlights
FY2013 Highlights For personal use only Record Result Revenue up 16% to $272.7m, EBITDA up 19% to $57m Driven by increasing personal loan income NPAT $32.9m, up 11.7%. Strong result despite impact of costs associated with new legislation, UK collection rates and Ausgroup exit bonus provision Final d
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only Experienced Board of Directors and Strong Management Team Board of Directors Senior Management Reginald Webb (Non Executive Chairman) Peter Cumins (Managing Director) Former partner of PricewaterhouseCoopers. Director since 1997 Joined in 1990 Peter Cumins (M
Slide 4: Personal Finance Products - Personal Loans
Personal Finance Products For personal use only Personal Loans Australian Personal Loan Book Safrock. Unsecured, instalment loans Fees comprise of establishment fee and interest Divisional EBITDA of $42.5m (up 25.4% on FY12) Australia: June 2013 value of book $91.5m (up 35% on FY12) UK: June 2013 va
Slide 5: Personal Finance Products - Cash Advance Administration
Personal Finance Products For personal use only Cash Advance Administration Unsecured, short term loan, small amounts Mon-E provides the admin services to the network Loan is provided by the franchisee to the client with Cash Converters receiving administration fees Aust. cash advance loans: $235.7m
Slide 6: Store Network
Store Network For personal use only Well Established, Global Presence, Diversified Offering Modern Stores with Broad Service Offering: Sale of 2nd hand goods: owned stores, franchises and Webshop Cash advance loans and Personal loans Pawn broking and Buy backs Motor vehicle offering (Carboodle) Glob
Slide 7: Regulatory Environment
Regulatory Environment For personal use only Cash Converters has significant experience operating in a number of regulatory regimes Australia – Regulatory Environment Consumer Credit and Corporations Legislation Amendment (Enhancements) Bill 2011 passed by the House of Representatives and the Senate
Slide 8: Legislative Reforms
Legislative Reforms For personal use only For Small Amount Credit Contracts (SACC) 1 March 2013 – First tranche of credit reforms rolled out Changes in brief More than 2 X SACC’s in a 90-day period presumed unsuitable (2 + triggers a rebuttal process). This is includes loans from other SAAC lenders
Slide 9: Carboodle
Carboodle For personal use only Carboodle was established as Green Light Auto Group Pty Ltd (“GLA”) in 2010 Total motoring solution providing customers who don’t have access to main stream credit (retail and commercial) with a reliable and well maintained car Carboodle is a licensed motor vehicle de
Slide 10: Growing the Business
Growing the Business For personal use only Personal Loans. Further growth expected in the Australian book. With new approval and collection procedures in place we expect that UK loan book profitability will improve Cash Advance. Australian volumes trending back towards historical levels. Expect onli
Slide 11: Appendices
For personal use only Page 11 Appendices
Slide 12: Appendix - 2013 Financial Results
Appendix For personal use only 2013 Financial Results Page 12
Slide 13: Financial Performance
For personal use only Page 13 Financial Performance
Cash Converters International — FY2013 Earnings Presentation on 6ix