Pexa Group Limited · ASX:PXA
Pexa — Shareholder Meeting (November 2023)
15 slides from Pexa's shareholder meeting presentation, Nov 24, 2023
Slide 1: 2023 AGM
For personal use only 2023 AGM PEXA Group | November 2023
Slide 2: Your Board of Directors
Your Board of Directors For personal use only Mark Joiner Glenn King Dr Kirstin Ferguson Melanie Willis Independent Chairman Group Managing Director & Independent Non-Executive Independent Non-Executive Chief Executive Officer Director Director Vivek Bhatia Paul Rickard Helen Silver Jeff Smith Indep
Slide 3: Chairperson's address
For personal use only address Chairperson’s
Slide 4: Group Managing Director & CEO's address
Group Managing For personal use only Director & CEO’s address
Slide 5: Clear purpose and strategy
PURPOSE Clear purpose and strategy For personal use only PRIORITIES ENHANCE EXTEND EXPAND EVOLVE We will enhance the core Exchange in We will provide innovative insights and We will bring digital property solutions We will invest in our people, platform, Australia to build deeper customer digital se
Slide 6: Solid result in slowing market - growing revenue in key adjacencies
Solid result in slowing market - growing revenue in key adjacencies For personal use only PEXA Group PEXA Exchange PEXA Digital Growth PEXA International Business Revenue4 Business Revenue Business Revenue Business Revenue4 $283m $263m $12m $9m 1% 6% 9x Initial revenue vs 10% market declin
Slide 7: ENHANCE: Australian Exchange delivering comprehensive coverage and integration
ENHANCE: Australian Exchange delivering comprehensive coverage and integration Critical infrastructure Extensive integration & connection 12,000+ 2 ATO Reserve Bank of Australia Families safely settling their homes +81 For personal use only (weekly) 6 Land Titles Offices 3.7m+ Billing events (annual
Slide 8: Exchange volumes and mix improved from lows in 3Q23
Exchange volumes and mix improved from lows in 3Q23 Exchange volumes: Monthly average per fiscal quarter (#’000) Exchange refi mix: Monthly average per fiscal quarter (% of total) 28% 27% 358 27% 344 For personal use only 338 329 25% 25% 47 321 319 323 319 41 310 23% 46 23% 44 22% 45 44 44 43 42 280
Slide 9: EXTEND: Business provides leading solutions to key market issues
EXTEND: Business provides leading solutions to key market issues Use case Demand for land Use and value of land Environmental and climate Transaction effectiveness For personal use only 250 TAM 140 65 85 ($m, 2027) Customer Where to Optimising Reduce threats to Improve cost, churn, problem invest in
Slide 10: UK proposition underway and developing
UK proposition underway and developing Lenders • HRBS and Shawbrook on-boarded (over £13m of Remo's PEXA Pay transacted) • Seventh BOE net settlement payment scheme For personal use only • Good progress being made with Virgin Money, Metro Bank and • The only payment scheme dedicated to property Nott
Slide 11: EVOLVE: Supporting our people and communities
EVOLVE: Supporting our people and communities > People engagement of 77% > Staff 52% female, with 38% female leadership Winner of HR Awards for Employer of Choice and > finalist in 4 other categories Launched PEXA Academy – innovative learning > and development capability For personal use only Peopl
Slide 12: FY24 guidance (ex-Smoove) maintained
FY24 guidance (ex-Smoove) maintained FY23 outcome FY24 guidance PEXA Exchange Exchange margin1 54% 50-55% For personal use only Operating cashflow2 -$73m -$70-$80m Growth businesses Digital Growth break-even3 n/a June 2024 Group Group margin1 35% Above 35% Guidance excludes impact of Smoove acquisit
Slide 13: Thank you
For personal use only Thank you
Slide 14: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation and the information accompanying it Forward Statements (Presentation) has been prepared and provided solely by PEXA No representation or warranty, expressed or implied, is made Market and industry data Group Limited (PEXA or the Company). as to the a
Slide 15: pexa.com.au
For personal use only pexa.com.au