Hub24 Limited · ASX:HUB
Hub24 — Investor Presentation (May 2023)
13 slides from Hub24's investor presentation, May 3, 2023
Slide 1: HUB24 acquisition of myprosperity
HUB24 acquisition of myprosperity 3 May 2023
Slide 2: Acquisition of myprosperity
Acquisition of myprosperity Accelerates HUB24 strategy, strengthens value proposition and creates further growth opportunities. High value strategic asset with established capability & client base A market-leading client wealth portal positioned for growth Financial professionals adopting secure, di
Slide 3: Overview
Overview Transaction • HUB24 Limited has entered into an agreement to acquire 100% of myprosperity Pty Ltd • $40 million of HUB24 Limited ordinary shares issued at the 30-day VWAP prior to the date of announcement being $27.63 and 1.4 million shares issued Transaction • Up to a further $11.5 million
Slide 4: About myprosperity
About myprosperity Leading provider of secure client portal connecting financial professionals and their clients. myprosperity profile: Melbourne-based, privately owned company founded in 2011 with 33 employees 440+ ~60k ~16k Accounting Households¹ Premium A market leading client portal for accounta
Slide 5: Strengthens HUB24 value proposition to broaden market access
Strengthens HUB24 value proposition to broaden market access myprosperity is well-positioned to grow market share Together, myprosperity with HUB24 will be uniquely as the only client portal offering a solution across financial positioned to provide market-leading, integrated solutions to advice and
Slide 6: Client portals are transforming client engagement and experience
Client portals are transforming client engagement and experience Delivering enhanced experience through integration & better collaboration. Client experience today – myprosperity client experience without integrated client portal Secure Online Client portals Intermediaries rely on a range of softwar
Slide 7: myprosperity delivers seamless integration enabling ease of implementation
myprosperity delivers seamless integration enabling ease of implementation Connecting leading accounting & financial Financial advice solutions with Accounting Advice client data in one place. Practice Practice Management Management Six easy steps for implementation: 1. Join myprosperity 2. Connect
Slide 8: myprosperity's role in the platform of the future
myprosperity’s role in the platform of the future Platforms Purpose HUB24 leading the evolution of platforms Single view of wealth for Bank accounts advisers and their clients (AUD & FX) One way of doing business incorporating custody and non Platform Account Other Assets custody (Custodial assets)
Slide 9: Integrated with HUB24, myprosperity
Single view One way of Reporting Integrated with of wealth doing business & insights HUB24, myprosperity Open access to Document vault e-signatures Virtual rooms third party solutions • enables a single client view Task tracker Digital checklists Digital fact finds across all of our offers Deeply in
Slide 10: As part of HUB24, myprosperity will benefit
As part of A long term committed partner Part of a growing ASX200 company leveraging investment, capability and HUB24, expertise to achieve a leading market position. myprosperity will Continuity for myprosperity team & customers benefit from With a commitment to current strategy and entrepreneurial
Slide 11: myprosperity acquisition in summary
Financial Summary myprosperity acquisition in summary $40 million upfront consideration 1.4 million shares issued Up to a further $11.5 million shares over 3 years Highly complementary businesses All-in-One secure portal delivering with aligned vision, culture & values. total view of household wealt
Slide 12: 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.
Slide 13: AUB
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