Raiz Invest Ltd. · ASX:RZI
Raiz Invest — H1 2025 Earnings Presentation
22 slides from Raiz Invest's earnings presentation, Feb 27, 2025
Slide 1: 1H FY25 Financial Results
HY25 Results 1H FY25 Financial Results 27 February 2025 Raiz Invest – Investing made easy Level 9, 2 Bulletin Place, Sydney NSW 2000 Announcement authorised by the Board of Directors
Slide 2: Growth momentum driving improved profitability
Growth momentum driving improved profitability 1H FY25 Highlights1 HY25 Results Financial Metrics Business Metrics 14.3% Revenue Underlying EBITDA2 Active Customers ARPU3 $11.6m $706,000 317,995 $74.29 14.3% 579% 8.5% 7.7% 325,380 at 25 Feb 25 Cashflow4 Cash Balance FUM Netflows $1.6m $12m $1.6bn $1
Slide 3: Implementing the growth strategy
Implementing the growth strategy 1H FY25 Highlights HY25 Results Brand & Exceptional Customer Sustainable Reputation products experience operations ✓ Strategic partnership ✓ Winner Finder Awards ✓ Move to individually ✓ Strengthened Board with State Street for Investment targeted marketing and senio
Slide 4: Strategic partnership with State Street Global Advisors
Strategic partnership with State Street Global Advisors Large global asset manager to support growth strategy HY25 Results • Global leader: State Street is the 4th largest asset manager worldwide • Marketing: Promote Raiz to their substantial network of institutional and HNW clients in Australia • C
Slide 5: Customer-centric product innovation
Customer-centric product innovation New products launched in 1H FY25 HY25 Results Raiz Invest Raiz Plus Raiz Invest Super Raiz Rewards • Raiz Jars: • Expanded Raiz Plus: • Plus into Super: Launched • Automated Raiz Rewards: Launched in Jan 2025 Up to 150 individual the Plus Portfolio in the Now live
Slide 6: Expanded ecosystem of new digital channels and strategic partnerships
Expanded ecosystem of new digital channels and strategic partnerships Focus on re-engagement and brand awareness for new customer acquisition HY25 Results Mainstream channels with simple brand messaging Niche influencers with customised messages Strategic partnerships & alliances Leveraging Channel
Slide 7: Positive momentum in core business drivers
Positive momentum in core business drivers Robust growth driving momentum in first half HY25 Results • Accelerated growth rate in 1H FY25: The growth rate of two core business drivers has increased over the past year. • Active Customers: CAGR of 8% over 4 years, and up ~9% in 1H FY25 on pcp. • FUM:
Slide 8: Steady growth in ARPU
Steady growth in ARPU Trusting relationship with customer driving cross-promotion HY25 Results Key drivers of ARPU growth – CAGR of 9% over 4 years • Account based revenue (maintenance & account fees, including FUM based fees) • Fee increase in August 2023 • Customers selecting higher revenue produc
Slide 9: Transition to operating profitability
Transition to operating profitability Material growth in Underlying EBITDA on pcp HY25 Results % vs $’000 1H25 1H24 1H24 Revenue 11,604 10,154 14% Operating expenses5 (10,898) (10,050) (8%) Underlying EBITDA6, 7 706 104 579% Underlying Net Profit / (Loss) After Tax (947) (987) 4% Discontinued operat
Slide 10: Disciplined capital management
Disciplined capital management Generating operating cash flows and free cash flows HY25 Results $’000 1H25 2H24 1H24 • Capital raise: Successfully raised $3.9 million in 1H FY25 to fund AI Cash at beginning of the period 9,738 8,468 8,449 initiatives, product innovation, and potential M&A opportunit
Slide 11: Moving Forward
HY25 Results Moving Forward Half Year Results: 31 Dec 2024
Slide 12: Helping Australians to create wealth
Helping Australians to create wealth Continued implementation of the growth strategy in 2H FY25 and beyond HY25 Results VISION To enrich the financial wellbeing of all Australians EVERYDAY FOCUS Engage existing customers & attract new customers FOUR STRATEGIC Brand & Exceptional Customer Sustainable
Slide 13: Retail investing is a large and growing market
Retail investing is a large and growing market Raiz creates a long-term relationship with retail investors throughout their wealth journey HY25 Results Raiz is a market leader with first-time investors Active Users +325k Plus Users Rewards Users Super Users *Source: ABS, ASX (ASX Australian Investor
Slide 14: The competitive landscape is changing
The competitive landscape is changing Raiz is uniquely positioned HY25 Results Raiz delivers: • a comprehensive offering for retail investors Round Up Investments • a value for money offering which for a low Recurring Investments monthly fee provides: Lump sum • Access to leading ETFs and 100 ASX in
Slide 15: Uniquely positioned for growth
Uniquely positioned for growth Compelling investment thesis HY25 Results 1 2 3 4 5 6 CUSTOMER SOLID OPPORTUNITIES EXPANDED SCALABLE STRENGTH FIRST TRACTION RESOURCES MODEL Upcoming launch of Strong balance Customer centric Expanded white label solutions Newly recruited Proven scalable sheet, well fu
Slide 16: Important notice and disclaimer
Important notice and disclaimer HY25 Results This presentation has been prepared by Raiz Invest Limited (ACN 615 510 177) (RAIZ). References in this presentation to RAIZ include its group of companies and trusts. This presentation is subject to the conditions outlined below. Your receipt or viewing
Slide 17: Appendix
HY25 Results Appendix Half Year Results: 31 Dec 2024
Slide 18: Growth Indicators and Key Financial Metrics
Appendix 1 – 1H FY25 Financial Results Presentation Growth Indicators and Key Financial Metrics 31-Dec-24 31-Dec-23 1H25 vs 1H24 30-Jun-24 1H25 v 2H24 1H25 1H24 % 2H24 % Active Customers 317,995 293,101 8% 306,776 4% ARPU ($) - semi annual 74.29 68.95 8% 72.43 3% Total FUM ($m) 1,607 1,214 32% 1,396
Slide 19: Reconciliation of Operating Expenses to Total Expenses
Appendix 2 – 1H FY25 Financial Results Presentation 31-Dec-24 31-Dec-23 1H25 vs 1H24 30-Jun-24 1H25 v 2H24 1H25 ($'000) 1H24 ($'000) % 2H24 ($'000) % Reconciliation of Operating Expenses to Total Expenses Sales and administrative expenses (3,808) (3,200) (19%) (3,555) (7%) Employee benefits expenses
Slide 20: Appendix 3 – Definitions and abbreviations
Appendix 3 – 1H FY25 Financial Results Presentation REBITDA: Reported EBITDA UEBITDA: Underlying EBITDA SBP: Share Based Payments for employee share options Rev: Revenue STIA: Short-term incentives accrual timing adjustments OP: Operating expenses RDTG: R&D tax grant UEBITDA: Underlying EBITDA ITB:
Slide 21: Market information
Appendix 4 - Market information Share price, capital structure, and substantial shareholders HY25 Results Raiz Share Price & Volume Capital structure (19-Feb-25) Shares on issue 105.3m Share price A$0.75 12-month range A$0.33 - A$0.86 Market capitalisation A$79m Cash & cash equivalents 31 December 2
Slide 22: Investor and media enquiries (ASX:RZI)
HY25 Results Investor and media enquiries: Brendan Malone Managing Director and CEO M: + 61 439 339 195 E: ir@raizinvest.com.au Katie Mackenzie Investor Relations M: +61 455 502 197 E: kmackenzie@belleviewir.com.au (ASX:RZI) 22