Agency Group Australia Ltd · ASX:AU1
Agency Group Australia — H1 FY2021 Earnings Presentation
12 slides from Agency Group Australia's earnings presentation, Feb 27, 2021
Slide 1: Investor Presentation for Half Year Results End 31st December 2020
I N V E S T O R P R E S E N T AT I O N F O R H A L F Y E A R R E S U LT S E N D 3 1 ST D E C E M B E R 2 0 2 0 2 6 TH F E B R U A R Y 2 0 2 1 ASX:AU1
Slide 2: Highlights HY2021
ABOUT US Highlights HY2021 Record EBITDA of $2.76M & Revenue of $29.4M Results confirming The Agency Group as one of Australia’s fastest growing integrated real estate services companies 53% increase in Gross Commission Income (GCI) 51% increase in number of sales 33% increase in revenue
Slide 3: 1H FY2021 Key Takeaways
1H FY2021 Key Takeaways HIGHLIGHTS FINANCIAL Maiden NPAT $2.57M $0.83M Operational Cashflow (HY20: $1.67M Loss) (HY20: $1.46M) $29.4M $2.76M Revenues from Ordinary EBITDA1 Activities (HY20: $0.5M) (HY20: $22.1M) $38.1M 2449 GCI New Listings (HY20: $24.9M) (HY20: 1955) $2.2B >$25M Value of Exchanges
Slide 4: Strong Growth in Key Operating Metrics for HY21
Strong Growth in Key Operating Metrics for HY21 REVENUES FROM ORDINARY ACTIVITIES ($M) GCI ($M) Up 33% H-on-H 45 35 Up 53% H-on-H HIGHLIGHTS FINANCIAL 40 ACQUISITION 30 TOP LEVEL ACQUISITION 29.4 35 38.1 TOP LEVEL 25 30 20 22.1 25 24.9 15 20 15 17.8 10 10.2 10 5 7.2 10.9 5 0 0 HY-18 HY-19 HY-20 HY-2
Slide 5: Achieves Maiden NPAT, Record EBITDA
Achieves Maiden NPAT, Record EBITDA HIGHLIGHTS STATUTORY UNDERLYING1 FINANCIAL 1H FY21 1H FY20 $M 1H FY21 1H FY20 % Change (Pre AASB16 and % Change (Pre AASB16) Govt Incentives) Revenue 29.4 22.1 33% 29.4 22.1 33% EBITDA 4.0 1.5 167% 1.9 0.5 280% Depreciation & Amortisation (2.8) (3.0) -7% (2.0) (2.
Slide 6: Balance Sheet as at December 2020
Balance Sheet as at 31 December 2020 HIGHLIGHTS FINANCIAL Impact of Secured Funding Package $M DEC 2020 JUN 2020 % Change % Change % Change DEC 2020 On DEC On JUN Pro Forma1 2020 2020 Cash at Bank 3.3 2.7 22% 4.8 45% 78% Financial Assets 6.6 1.6 313% 0.0 -100% -100% Other current assets 7.9 5.2 52%
Slide 7: AU1 borrowings have reduced as EBITDA continues to grow
AU1 borrowings have reduced as EBITDA continues to grow $25m $21.1m HIGHLIGHTS FINANCIAL $20m Note: Borrowings have been further reduced to $8.2 million $15m $13.2m by the conversion of $3 million $12.2m of debt to equity on 28th $9.8m January 2021. $10m $5m $1.5m $2.8m $1.2m $0m 2H FY19 1H FY20 2H
Slide 8: Long-Term Funding Package
Long-Term Funding Package • Long-term $11 million funding package secured providing opportunity to strengthen financial position and balance sheet to continue its national growth plans.1 • Consisted of: • $6 million in Convertible Notes issued to private investment company Peters Recent Events Inves
Slide 9: Outlook
Outlook Strong pipeline into H2 FY21 on back of rebounding property market on track to surpass pre-COVID levels in early CY21 Continued agent recruitment growth in existing and new market sectors Expansion of mortgage brokerage offering to deliver continued growth Due to unknown impact of ma
Slide 10: Key Management
Key Management Senior Management Board of Directors Paul Niardone Matt Lahood Managing Chief Executive Paul Niardone Andrew Jensen Matt Lahood Maria Carlino Arjan van Director Officer – Real Estate Managing Chief Operating Chief Executive Director of Ameyde Director Officer Officer – Real Property C
Slide 11: Disclaimer
Disclaimer NOT AN OFFER • may include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based This presentation is for information purposes only. This presentation does not comprise on assumptions and e
Slide 12: Contact: Paul Niardone – Managing Director
Contact: Paul Niardone – Managing Director E: pauln@theagencygroup.com.au Ph: +61 08 9204 7955
Agency Group Australia — H1 FY2021 Earnings Presentation on 6ix