Hub24 Limited · ASX:HUB
Hub24 — Shareholder Meeting (November 2023)
16 slides from Hub24's shareholder meeting presentation, Nov 16, 2023
Slide 1: Managing Director's Address
Empowering better financial futures, together Managing Director’s Address Andrew Alcock
Slide 2: Continuing momentum with significant uplift in financial results for FY23
Continuing momentum with significant uplift in financial results for FY231 Revenue Underlying EBITDA² Statutory NPAT $38.2m Up 160% Total Group $279.5m 45% $102.4m 45% Platform $208.8m 30% $85.1m 37% Underlying NPAT2 $58.8m Up 64% Tech Solutions $67.5m 133% $21.8m 91% Final Dividend 18.5cps Up 48% F
Slide 3: Leading the wealth industry as the best provider of integrated platform, technology & data solutions
Leading the wealth industry as the best provider of integrated platform, technology & data solutions Australia’s SMSF software provider & Market-leading Managed Data-led solutions best platform1 advice platform of the year2 Portfolio capability1 leveraging emerging technologies Australia’s third fas
Slide 4: HUB24 and Class market-leadership - recognised by customers and industry
HUB24 and Class market-leadership - recognised by customers and industry • Overall Best Advice Platform1 • Best Client Experience1 • Ease of Onboarding1 • Best Functionality1 • Best Adviser Support1 SMSF Software provider of • Best Investment Options1 the year7 • #1 Best Overall Platform5 • #1 Overa
Slide 5: HUB24 Platform growth and market share
HUB24 Platform growth and market share1 Growth in Platform Custody FUA & revenue Platform market share3 Platform Custody FUA 4YR CAGR 48% FUA ($m) Revenue ($m) Institutional HUB24 Netwealth Macquarie 70,000 250,000 60,000 200,000 74.7% 50,000 40,000 150,000 Platform Custody FUA 59.8% 30,000 100,000
Slide 6: Class - building momentum and positioned for growth
Class - building momentum and positioned for growth Growth in Class accounts Access to ~ 6,000 financial professionals providing opportunities Class Super accounts Companies on CM to expand footprint across the Group 205,000 700,000 200,000 650,000 195,000 600,000 Continued focus on customer 190,000
Slide 7: Delivering on our sustainability objectives
Delivering on our sustainability objectives Climate risks and opportunities Determined carbon emission baselines Business ethics and Integrity Customer experience Achieved 100% compliance Achieved customer advocacy targets Community contribution and Investment Employee engagement Achieved community
Slide 8: Our talented and growing team
Our talented and growing team Our Values: 870 Enhancing our employee value proposition to attract, retain and Integrity FTE1 develop our people Do the right thing Focused on enhancing our employee brand and Collaboration 86% Dedicated to strengthening HUB24 as a great place to work Act as one team,
Slide 9: Strategy & Outlook
(fe Strate gy & Outlook
Slide 10: Leveraging Group capabilities to deliver on our strategy
Leveraging Group capabilities Single view of wealth for advisers to deliver on and their clients our strategy One way of doing business incorporating custody & non custody Client Applications experience Lead today Efficient access Delivering customer to investment value and growth manager IP Data &
Slide 11: HUB24 is well-positioned to support emerging industry trends
HUB24 is well-positioned to support emerging industry trends Demand for advice is Outcomes of Quality of Specialist platforms increasing however Advice Review to are extending their lead advisers are limited by provide opportunities to while institutional compliance burden and reduce regulatory plat
Slide 12: Customer balance and complexity
Shifts in population and workforce driving wealth needs across the lifecycle << << Intergenerational wealth transfer >> >> Customer balance and complexity Rise of the Millennials Aging Population • Digital first • Desire for certainty • SMSF preference • Longevity risks Generational Wealth • ESG foc
Slide 13: Delivered innovative products and solutions to extend our offer
Delivered innovative products and solutions to extend our offer Starting out and wealth accumulation Wealth drawdown and preservation Secure online engagement Demand for innovative Traditional SMSF Increasing demand for Increasing demand for solutions to support solutions seen as cost solutions that
Slide 14: Extending our reach across customer segments and meeting needs across the lifecycle
Extending our reach across customer segments and meeting needs their across the lifecycle Customer balance and complexity Starting out Early career Paying off debt Growing wealth Starting retirement Downsizing Starting out Wealth accumulation Wealth drawdown & preservation
Slide 15: Outlook – growth momentum delivering customer and shareholder value
Outlook – growth momentum delivering customer and shareholder value Strong growth from Integrate Group Coherent strategy Strong balance sheet existing & new capabilities to driving competitive & capital position, relationships whilst accelerate platform advantage increasing profitability evaluating
Slide 16: Disclaimer
Disclaimer Summary information Forward looking statements The material herein is a presentation of general background This presentation contains certain forward- information about HUB24 Limited’s (‘HUB’) activities current as at looking statements. The words ‘anticipate’,’will’ date of presentation.