Slide 1: Half Year Results
For personal use only Half Year Results 25 February 2016 Barry Lambert - Chairman Phil Aris - Managing Director & CEO
Slide 2: Half Year Results Highlights
Half Year Results Highlights Financials For personal use only Operating Profit (EBITA): $12.65 million ( 2 18.7%) Net Profit before Tax: $10.66 million ( 22%) 3 Consolidated Net Profit after Tax: $6.23 million ( 2.5%) CUP Dividends 3rd Interim Dividend of 2 cents per share fully franked declared on
Slide 3: Result Overview
Result Overview Core investment in Class Limited has been an outstanding For personal use only investment following its successful IPO Continued challenging conditions for accounting division New management taking decisive action and expects second half to be stronger than prior year Impairm
Slide 4: Group Performance
Group Performance Dec ’15 % Change Accounting revenue down For personal use only $ ‘000 (Dec’14) 3.4%. Financial planning revenue up Total Net Revenue 45,519 (2.9%) 5.4% (23% of net revenue). Property related revenue is Non-cash Fair Value gain 6,758 N/A 5.9% of net revenue. Other income 530 137.7%
Slide 5: Group Performance
Group Performance For personal use only Dec ‘15 % Change $ ‘000 (Dec’14) Largest component of non- cash amortisation expense Interest Expense (net) (646) 14.5% relates to acquired client relationships arising on Amortisation Expense (1,346) (1.1%) acquisitions. Reducing over time. Net Profit before
Slide 6: Balance Sheet
Balance Sheet Dec’15 % Change For personal use only $ ‘000 (Jun’15) Current Assets 29,950 (11.3%) Interest bearing loans reduced by $3m (11.5%) Current Liabilities 20,248 7.2% due to settlement of Current Ratio 1.48 commercial property sale and funds from the Non-Current Assets 82,931 15.7% DEP. Als
Slide 7: Dividends
Dividends For personal use only Dividends 2015/16 Cents Per Share Paid / Payable 1st Interim Dividend 2 cents 16/11/2015 (paid) 2nd Interim Dividend 2 cents 15/02/2016 (paid) 3rd Interim Dividend 2 cents 16/05/2016 (payable) 7
Slide 8: Recent Acquisitions/Investments
Recent Acquisitions/Investments Date Business Activity For personal use only Aug 2015 Hunter Financial Financial planning firm in Newcastle, NSW. 40% interest acquired by ADVICE389. Sep 2015 Australian Specialist SMSF administrator in West Perth, WA. Superannuation & 100% interest acquired by Bentle
Slide 9: Class Super
For personal use only Class Super 10
Slide 10: Direct Equity Plan
Direct Equity Plan Direct equity plan previously announced to the market For personal use only and employees Opportunity to acquire equity directly in business Countplus to retain controlling share Designed to: Promote retention of key employees Facilitate succession for Principals Pro
Slide 11: BLUE789 & ADVICE389
BLUE789 & ADVICE389 High costs in the first half due to non-recurring set up costs. For personal use only As progress has been slower than anticipated, a decision was made to reduce management costs. We maintain our commitment to building a network of successful accounting and financial planni
Slide 12: The Countplus Network
The Countplus Network For personal use only 12
Slide 13: Half Year Results
For personal use only Half Year Results 25 February 2016 Barry Lambert - Chairman Phil Aris- Managing Director & CEO