Euroz Hartleys Group Limited · ASX:EZL
Euroz Hartleys — Euroz — Investor Presentation (August 2021)
17 slides from Euroz Hartleys's investor presentation, August 2021
Slide 1: Investor Presentation August 2021
INVESTOR PRESENTATION August 2021
Slide 2: Disclaimer and Disclosure
Disclaimer and Disclosure Euroz Limited (EZL) and its related entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in good faith. However, no warranty (express or implied) is made as to the accuracy,
Slide 3: Western Australia's Leading Financial Services Company
Western Australia’s Leading Financial Services Company Combined capability and earnings leverage of WA’s two most successful broking firms Strategically located in the global resources hub of Western Australia Increased focus on growing and diversifying revenue streams Strong balance sheet provides
Slide 4: Strategy
Strategy ▪ Grow Western Australia’s leading financial services business ▪ Building long term relationships and trust with our clients by delivering consistently good outcomes ▪ Our clients and our staff are our greatest assets ▪ Develop a deep understanding of our clients’ needs ▪ Maintain a high pe
Slide 5: Unaudited Full Year Result – Strong FY21
Unaudited Full Year Result – Strong FY21 • Excellent profitability and cash generation for 2021 financial year • Successful completion of landmark transaction with Hartleys Limited • Leverage to strong WA economy and commodity prices UNAUDITED REVENUE1 UNAUDITED NPAT1 FULL YEAR DIVIDEND1,3 $126.6M $
Slide 6: Corporate Overview – Euroz Limited
Corporate Overview – Euroz Limited CAPITAL STRUCTURE A$1.66 195.5M A$325M A$181M Nil $144M Share price (30 Jul 21) Shares on issue Market Capitalisation Cash & Investments1 Debt Enterprise Value2 HISTORICAL SHARE PRICE OWNERSHIP Note 1: As at 30 June 2021 6 Note 2: Based on market capitalisation at
Slide 7: Euroz Limited
Euroz Limited Western Australia’s leading financial services company 7
Slide 8: Euroz Hartleys
Euroz Hartleys Combined capability and earnings leverage of WA’s two most successful broking firms CAPITAL RAISED STAFF ~A$2B 1 195 FY21 Corporate Finance Research Institutional Sales Private Wealth 14 CORPORATE FINANCE EXECUTIVES 9 RESEARCH ANALYSTS 12 INSTITUTIONAL SALES ADVISERS 74 PRIVATE CLIENT
Slide 9: Euroz Hartleys
Euroz Hartleys UNAUDITED FY21 REVENUE1 127% $106M ON FY20 FUM1 130% ~$3.1B ON FY20 FY21 Euroz Hartleys Income ▪ Strong FY21 performance ▪ Merger and integration completed ▪ Strong equity capital market (“ECM”) raisings and brokerage revenues driving underlying cashflow and • Entrust has a 19 year hi
Slide 10: Funds management and investments (WFM, WIC, OZG)
UNAUDITED FY21 REVENUE1 • WFM manages portfolios of Australian equities on 649% behalf of two listed investment companies: $17.2M ON FY20 1. 2. Westoz Investment Company Limited (WIC) Ozgrowth Limited (OZG) FUM1 • WIC and OZG have contributed $44.7m in dividend 36% income to Euroz Limited since ince
Slide 11: Growing and Diverse Revenue Streams
Growing and Diverse Revenue Streams Increasing contribution of recurring revenue • $3.37B1,2 in FUM in Funds and Wealth Management and growing • Continued focus on growing FUM – increase of +$1.36B1 through merger with Hartleys Limited • Increased scale provides material synergies and an enhanced pl
Slide 12: Consistent Dividend History
Consistent Dividend History Increasing dividends through growth in recurring revenue streams while maintaining traditional transaction strengths • Paid $265m dividends over 43 consecutive half year periods including June 2021 declared dividend • Average dividend of 8.3 cents / year over past decade
Slide 13: Western Australian Economy
Western Australian Economy • Economic growth remains robust: strong demand across business, consumer and government sectors • State finances boosted by buoyant commodity prices and concurrent royalty income growth • Budget surpluses will facilitate ongoing public infrastructure expenditure • Record
Slide 14: Balance Sheet
Balance Sheet • Strong balance sheet with zero debt1 • Enterprise value currently $137m - $144m Note 1: As at 30 June 2021 Note 2: As at 30 July 2021 14
Slide 15: Euroz Hartleys Foundation
Euroz Hartleys Foundation • Established in 2006 to provide support to worthy charities within our broader community • Donated over $2.5m to over 100 individual charities in 14 years • Staff encouraged to provide their time to support charities in and around their local community • 2021 Commission fo
Slide 16: Investment Highlights
Investment Highlights Largest broking firm in Established platform for Continually improving and Western Australia diversified and recurring growing our client offering revenue streams Targeting organic FUM growth Strong balance sheet Well positioned to capitalise and growth by acquisition on positi
Slide 17: Thank You
Thank You Euroz Limited Level 18 Alluvion 58 Mounts Bay Rd Perth Western Australia