Teaminvest Private Group Ltd · ASX:TIP

Teaminvest Private — Investor Presentation (December 2024)

28 slides from Teaminvest Private's investor presentation, Dec 6, 2024

  1. Slide 1: Analyst Presentation

    For personal use only Teaminvest Private Group Limited ASX: TIP Analyst Presentation 6 December 2024 TIP GROUP © Copyright 2024 1 An ASX-listed investment house focused on compounding knowledge and wealth

  2. Slide 2: Important Notice and Disclaimer

    Important Notice and Disclaimer This presentation is issued by Teaminvest Private Group Limited (ACN 629 045 736) (TIP or the Group). The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular indivi

  3. Slide 3: Contents

    Contents For personal use only Purpose, company overview and strategy Noble purpose We compound knowledge and wealth Financial performance Mission How to participate in TIP’s success We use proprietary, research driven, insights to create better investors and better businesspeople TIP.ASX as an inve

  4. Slide 4: TIP is an ASX listed investment house focused on compounding knowledge and wealth

    For personal use only TIP is an ASX listed investment house focused on compounding knowledge and wealth TIP GROUP © Copyright 2024 4 An ASX-listed investment house focused on compounding knowledge and wealth

  5. Slide 5: We operate in three verticals

    We operate in three verticals Education & Advice Passive Investments Active Investments For personal use only • Includes our own (on balance sheet) investments • Typically up to 20 assets • Comprises our investor education and advisory and our funds management operations services • Distinguished fro

  6. Slide 6: We have a proven track record of success

    • Education & Advice • 16.27% pa Gross Return over 23 years. 1 We have a proven track For personal use only • Passive investments record of success • 11.33% compounded annual return on flagship CIF since Feb 2013 2 • Active investments • > 2.7x Money on Invested Capital (MOIC)3 plus ongoing exposure

  7. Slide 7: Strategy

    Strategy For personal use only Our strategy is to continue growing Look Through Revenue and Earnings by: • Education & Advice • Deepen share of wallet with existing clients and continue onboarding new customers • Active investments • Enhance our portfolio by driving efficiency and developing managem

  8. Slide 8: Leadership and Alignment

    Leadership and Andrew Coleman For personal use only Dean Robinson Sanjee Narendran Greg Wang Alignment Group CEO CFO & COO, Head Head of Funds Management Head of Alternative of Equity and Education Investments Andrew is a co-founder of TIP Dean is responsible for Sanjee is responsible for Greg is re

  9. Slide 9: Financial performance

    LT Revenue ($m) CAGR Total: 4% Financial performance 141.0 144.5 152.1 164.5 158.0 135.7 125.7 117.3 FY24 For personal use only • LT Revenue of $158.0m, a CAGR of 4% pa since FY17 • LT EBITDA of $15.8m, a CAGR of 53% pa since FY17 41.2 1Q25 • Group LT Revenue up 5% and LT EBITDA up 17% on pcp FY17 F

  10. Slide 10: How do you participate in TIP's success?

    For personal use only How do you participate in TIP’s success? TIP GROUP © Copyright 2024 10 An ASX-listed investment house focused on compounding knowledge and wealth

  11. Slide 11: Ways to participate

    3 ways to participate 1. Direct investment (ASX:TIP) • Broad exposure including passive and For personal use only active (unlisted equity) portfolio • Current entry point below the market and TIP’s historical multiples 2. TeamInvest Membership • Actively manage your own portfolio • Participate with

  12. Slide 12: TIP.ASX as an investment

    For personal use only TIP.ASX as an investment TIP GROUP © Copyright 2024 12 An ASX-listed investment house focused on compounding knowledge and wealth

  13. Slide 13: Investment highlights

    Investment highlights 1. Clear purpose, mission and values with unique intellectual property For personal use only • Generating actionable insights on Australia, US, UK and European markets • Practical application through funds management and direct private equity delivers compounding profits • Iter

  14. Slide 14: TIP Group valuation metrics

    TIP Group valuation metrics $8.98 FY22 FY23 FY24 1Q25 Earnings and (IPO) Market cap ($m)*** 49.5 42.1 34.7 54.1 9 share price have 18.0 For personal use only 17.1 Net debt / (cash) ($m) (5.8) (7.3) (6.0) (5.4) diverged since May-19 IPO @ 15.8 Enterprise value ($m) 43.7 34.7 28.7 48.7 8 16.0 $5.00 $8

  15. Slide 15: Q&A

    For personal use only Q&A TIP GROUP © Copyright 2024 15 An ASX-listed investment house focused on compounding knowledge and wealth

  16. Slide 16: Thank you

    For personal use only Thank you Andrew Coleman CEO Head Office Ground Floor, Suite G.02 23 Ryde Road Pymble NSW 2073 TIP GROUP © Copyright 2024 16 An ASX-listed investment house focused on compounding knowledge and wealth

  17. Slide 17: Appendix

    For personal use only Appendix TIP GROUP © Copyright 2024 17 An ASX-listed investment house focused on compounding knowledge and wealth

  18. Slide 18: Use of Cash ($m) – investing in profitable growth through FY24

    Use of Cash ($m) – investing in profitable growth through FY24 0.4 6.0 (0.6) For personal use only (3.3) 7.9 (3.1) 6.4 (0.9) Opening Cash Balance Operating cashflow Sale of assets Replacement capex Growth Capex New Investments Dividends & Buy-back Ending Cash Balance Growth Capex ($m) New Investments

  19. Slide 19: Revenue and EBITDA by business type

    Revenue and EBITDA by business type Passive 3% Passive 4% For personal use only FY23 FY24 REVENUE $161.5m Active 97% $158.0m Active 96% Passive 4% Passive 11% FY23 FY24 EBITDA $15.7m $17.8m Active 96% Active 89% Revenue and EBITDA refer to Look through Revenue and EBITDA (pre-ab) TIP GROUP © Copyrig

  20. Slide 20: Active Investments (89% of group EBITDA)

    Active Investments (89% of group EBITDA) (As at 30 June 2024) > 2.7x Money on Invested Capital (MOIC) For personal use only Residential Group REVENUE EBITDA FY24 FY24 Engineering Technology Services Education Revenue and EBITDA refer to Look through Revenue and EBITDA (pre-ab) TIP GROUP © Copyright

  21. Slide 21: Passive Investments (11% of group EBITDA)

    Gain on liquid investments Passive Investments Passive (11% of group EBITDA) Revenue For personal use only Funds Management FY24 Advice • Passive investments comprise: • Operating companies (excl. Teaminvest) that provide financial services; • Liquid investments in third parties; • Illiquid investme

  22. Slide 22: Look Through Performance

    Look Through Performance Revenue pre-ab ($m) EBITDA pre-ab ($m) CAGR CAGR Pre-ab: 4% Pre-ab: 56% For personal use only 17.8 161.5 158.0 152.1 15.7 144.6 14.7 135.7 137.5 13.6 13.6 125.7 117.3 8.4 7.2 4.6 41.2 0.8 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 1Q25 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 1Q

  23. Slide 23: Board of Directors

    Board of Directors Title Profile Shares Malcolm has experience in managing large organisations. He has held positions as a member of the Group Management board of Zurich Financial Services Malcolm Jones For personal use only in Switzerland, CEO of Zurich Financial Services Asia Pacific, CEO of Zuric

  24. Slide 24: Board of Directors (cont'd)

    Board of Directors (cont’d) Title Profile Shares Regan has worked as an executive director for over 45 years for both national and multi-national companies. His focus has been primarily on strategic business development, administration and back-office systems. His long experience in senior managemen

  25. Slide 25: Active Case Study

    Active Case Study 1 For personal use only Complete solution in traffic management with 297,000+ pa hours worked; 300+ traffic controllers and 220+ vehicles*. Operates in QLD and NSW. • Initial stake acquired 2014. Wholly owned since 2018 • Successfully navigated multiple leadership transitions (Foun

  26. Slide 26: Active Case

    Active Case 2 For personal use only Australian leader in high volume trailer engineering. In FY24 engineered approx. 200 trailers. During FY24 doubled production capacity to maximum of 500 trailers per annum. • Initial stake acquired 2013. Wholly owned since 2018 • 21% of Active EBITDA* • MOIC 6.7x

  27. Slide 27: Active Case

    Active Case 3 For personal use only Colour Capital (33% owned) is a franchise management business. Until May 2024 operated three franchise brands: G.J. Gardner Homes (NSW, ACT and WA), Gold’s Gyms and Raw Energy Cafes. • Invested FY18 • MOIC 1.0x to 30th Sep 2024 • In October 2024 won a judgement of

  28. Slide 28: Fund Case Study

    Fund Case Study Conscious Investor For personal use only Active Global Equities Fund. Established Feb 2013. Acquired 50% in 2022. • Utilises insights generated from Education & Advice • 28% of FY24 Passive Revenue* • 11.22% net compound return to investors since inception, representing a >300bps p.a

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