Prime Financial Group Limited · ASX:PFG
Prime Financial — FY2015 Earnings Presentation
13 slides from Prime Financial's earnings presentation, Aug 28, 2015
Slide 1: Full Year Results Presentation
For personal use only Full Year Results Presentation 28 August 2015 Helping clients protect assets and build wealth
Slide 2: Who we are
Who we are For personal use only Prime Financial Group is an ASX Listed Integrated Wealth Management Firm for business owners and family groups Prime’s goal is to become the Premier Partner to Accountants for Growth, Succession and Integrated Wealth Management and to deliver personalised advice to c
Slide 3: How we work
For personal use only How we work
Slide 4: FY15 Highlights
FY2015 Results Summary For personal use only Reported Loss Before Tax after Impairment ($19.43M) Impairment $23.19M Underlying Profit Before Tax (excluding impairment) $3.76M up 3% Underlying Profit After Tax (excluding impairment) $2.70M up 3% EPS of 1.9 CPS (excluding impairment) up 3%
Slide 5: Financial Results FY15
FY2015 Results Summary For personal use only FINANCIAL RESULTS FY15 $M FY14 $M % CHANGE Profit/(Loss) Before Tax (19.43) 3.66 -631% Profit/(Loss) After Tax (20.49) 2.63 -879% Basic & Diluted Earnings (cents per share) (14.1) 1.8 -879% Dividend Paid & Proposed (cents per share) 0.80 0.80 (Fully frank
Slide 6: Detailed Financial Results
FY2015 Results Summary For personal use only DETAILED FINANCIAL RESULTS FY 15 $M FY 14 $M % CHANGE Wealth Management – New Business Revenue 2.32 2.27 +2% – Recurring Revenue 7.48 7.63 -2% – Licensing Revenue 0.35 0.50 -30% Total Wealth Management Revenue 10.15 10.40 -2% Accounting Investees 1.80 1.8
Slide 7: Operational and Funds Under Management
FY2015 Results Summary For personal use only OPERATIONAL FY 15 FY 14 % CHANGE Group Operating Margin (Excluding Impairment) 30% 29% +3% Total FUM ($B) 1.051 1.058 -1% FUNDS UNDER MANAGEMENT (FUM) FY 15 $M Opening FUM 1,058 FUM – New 90 FUM – Outflow (55) Implied Market Movement (42) FUM – Net Total
Slide 8: Summary Balance Sheet
FY2015 Results Summary For personal use only SUMMARY BALANCE SHEET 30/06/2015 $M 30/06/2014 $M Current Assets Cash 0.6 0.3 Other Current Assets 2.4 4.4 Non Current Assets Receivables 0.6 4.0 Plant & Equipment - 1.1 Investments 47.4 62.4 Total Assets 51.0 72.2 Current Liabilities Payables/Provisions
Slide 9: Key Developments: Marketing & Technology
Key Developments For personal use only Marketing & Technology New Prime & Accounting Partner Wealth Management Mobile & Social enabled Websites www.primefinancial.com.au Development & deployment of Digital & Social channel strategy and content plus production capability Implementation of Cloud
Slide 10: Key Developments: Investment Advice
Key Developments For personal use only Investment Advice Broadening of Prime Client Asset Allocation Model enabled by new Investment Management Technology Platform Significant Value Added by Prime Separately Managed Accounts (SMA’s) Prime SMA’s Portfolio Performance PRE–FRANKING CREDITS 1 YEAR P
Slide 11: Key Developments: Resourcing and Funding for Growth
Key Developments For personal use only Resourcing Implementation of increased centralised resourcing plus a global resourcing model for efficiency and growth Funding for Growth On 2 October 2014 Prime completed a funding arrangement through Prime Accounting & Wealth Management Pty Ltd (PWM). Pri
Slide 12: Contact
Contact For personal use only Simon Madder Managing Director/CEO Prime Financial Group Ltd Level 17, Como Office Tower 644 Chapel Street South Yarra VIC 3141 Tel (03) 9827 6999 Fax (03) 9827 9100 simonm@primefinancial.com.au
Slide 13: For personal use only
For personal use only Prime Financial Group Ltd ACN: 009 487 674 Head Office Level 17, Como Office Tower 644 Chapel Street PO Box 6105 South Yarra VIC 3141 Tel 03 9827 6999 Fax 03 9827 9100 Client Services 1800 064 959 clientservices@primefinancial.com.au www.primefinancial.com.au LinkedIn: Prime Fi