Australian Wealth Advisors Group Ltd. · ASX:WAG
Australian Wealth Advisors — Shareholder Meeting (November 2024)
12 slides from Australian Wealth Advisors's shareholder meeting presentation, Nov 19, 2024
Slide 1: Annual General Meeting Investor Update
Annual General Meeting Investor Update November 2024
Slide 2: Disclaimer
Disclaimer This presentation is intended for general informational purposes only and should be read alongside the Full Year Financial Report for the twelve months ending 30 June 2024, as well as the Appendix 4E submitted to the Australian Securities Exchange by The Australian Wealth Advisors Group L
Slide 3: About Us
About Us AWAG is a diversified financial services firm that has 3 prime chapters of operations: 1. Corporate, Activist Investment 2. Funds Management 3. Financial Wealth Management and Advisory AWAG’s objective is to build out 2 stable profitable operating businesses, as well as being an active part
Slide 4: Board of Directors
BOARD OF DIRECTORS Lee IaFrate Chairman Mike Fitzpatrick Non-Executive Director Mark Stephen Non-Executive Director David Slack Non-Executive Director Paul Young Non-Executive Director Page 3
Slide 5: Key Highlights
Key Highlights 1 Revenue growth of 24% year on year 2 Underlying net profit before tax (*) growth of 116% year on year 3 Funds under management and administration of $2.1b 4 Successful oversubscribed IPO 5 Strong balance sheet with no debt. 6 Equity Partnership Scheme (EPS) with several successful i
Slide 6: FY24 Snapshot
FY24 Snapshot FY2024 $10.1m FY2024 $564k 24% on FY2023 116% on FY2023 FY2024 $2.1b FY2024 $5.9m 40% on FY2023 FY2023 $1.8m * Underlying net profit before tax excludes the one-off costs related to the IPO process of WAG and assumed a full 12-month-operation of Armytage Private. Page 5
Slide 7: AWAG Corporate Services
AWAG Corporate Services September 2019 to April 2022, there were 13 corporate transactions via takeover or merger. Our Armytage Micro Cap Activist Fund (MCAF) participated in 11. April 2022 to February 2024, there was only 1 completed takeover: CountPlus takeover of Diverger. Recent deals: Clime div
Slide 8: AWAG Equity Partnership Scheme (EPS)
AWAG Equity Partnership Scheme (EPS) WAG acquires a 20% strategic stake in a Financial Services business. WAG’s targets include Financial Planning, Insurance, Mortgage Brokering and Accounting. Consideration could be all cash, all scrip or a combination of both. In return, WAG receives a royalty pay
Slide 9: AWAG Succession Fund
AWAG Succession Fund The Succession Fund was finalised and launched to the Investment manager TIP Group (ASX:TIP) market on 12th November 2024. Responsible Entity TIP Group (ASX:TIP) The Succession Fund was established to enable the “successor” to purchase a stake in the business. It Fund Administra
Slide 10: WAG & TIP
WAG & TIP Challenge Identified: Junior staff struggle to secure bank financing to buy into financial practices due to the high risk and capital requirements. Market Opportunity: the need for a financing solution to address succession planning, equity transition, and talent retention. Fund Launch: AW
Slide 11: Outlook
Outlook Since successfully listed in February 2024, the company has been active in putting into place the relevant procedures and processes, to build out our 2 operating divisions. The EPS product is now fully operative with AWAG recently completing our 2nd investment. The finalisation and launch of
Slide 12: Get in Touch
www.awag.au info@awag.au 03 9674 0600 Level 5, 30 Collins Street, Get in Touch Melbourne VIC 3000
Australian Wealth Advisors Group — Shareholder Meeting (November 2024) on 6ix