Eureka Group Holdings Limited · ASX:EGH
Eureka — FY2020 Earnings Presentation
12 slides from Eureka's earnings presentation, Aug 21, 2020
Slide 1: Investor Presentation
Investor Presentation Year ended 30 June 2020 August 2020
Slide 2: Contents
Contents Contents FY20 Highlights 3 Eureka Strategy 5 Market Proposition 6 Portfolio Growth 7 FY21 Initiatives and Outlook 8 Key Financial Information 9 Disclaimer 12 3 2
Slide 3: FY20 Highlights
FY20 Highlights FINANCIAL PERFORMANCE CAPITAL MANAGEMENT PORTFOLIO VILLAGES (30 OWNED, 8 MANAGED) Net profit a�er tax Net Debt Total Units $8.10m, up 19% $52.0m, up $5.8m due to 2,147 units, up 1.3% on PY acquisi�on on prior year (PY) Balance sheet gearing2 Earnings Per Share Occupancy 36%, in line w
Slide 4: FY20 Highlights (cont)
FY20 Highlights (cont) Acquisi�on and integra�on of Liberty Villas, a 124-unit village in Bundaberg, Qld Por�olio highlights: Disposal of 27 Terranora units for total considera�on of $6.39 million, resul�ng in a gain of $1.03 million. Subsequent to year end, disposal of 4 units for $1.13 million
Slide 5: Eureka Strategy
Eureka Strategy Accelerate the The Momentum Momentum Full benefit of increased occupancy and cost initiatives to flow through from FY20 FY21 Accelerate acquisition/development opportunities and capital recycling program Accelerate Integrated information technology systems for accurate real tim
Slide 6: Market Proposition
Market Proposition Our compe��ve advantage: Eureka is a specialist owner and manager of rental villages for independent seniors Strategy: Rental villages for independent seniors Economically stable market underpinned by the government pension Popula�on shi� with increasing propor�on of seniors
Slide 7: Portfolio Growth
Portfolio Growth Cairns nd ueensla North Q t rn coas Eureka opportunity - consolidation in a Caprico fragmented industry segment Australia-wide ay Wide B Number of Villages: 38 ensland SE Que Number of Units: 2,147 mba Toowoo arbour, Coffs H uarie, cq New Central les Port Ma e a ca stl South W New ra
Slide 8: FY21 Initiatives and Outlook
FY21 Initiatives and Outlook Focus on generating improved operating cashflow through consistent occupancy and capital recycling Deliver earnings accretive acquisition and development opportunities to scale the business Deliver Wynnum village expansion of 22 units in a prime Brisbane metropolit
Slide 9: Key Financial Information
Key Financial Information The table below summarises the results for the year ended 30 June 2020 ($’000) 30-Jun-20 30-Jun-19 Rental income 16,874 15,847 • EBITDA from core opera�ons up 11% Catering income 4,223 4,257 due to por�olio expansion, improved Service and caretaking income 3,712 3,132 occup
Slide 10: Key Financial Information
Key Financial Information The table below summarises the balance sheet at 30 June 2020 ($’000) 30-Jun-20 30-Jun-19 Assets Cash and cash equivalents 2,451 3,060 • Inventory - Terranora unit sales Trade and other receivables 1,065 1,503 underway. 31 units on hand at year end. Inventory 4,880 9,215 27
Slide 11: Key Financial Information
Key Financial Information The table below summarises the cash flows for the year ended 30 June 2020 ($’000) 30-Jun-20 30-Jun-19 Cash Flows from Opera�ng Ac�vi�es Receipts from customers 25,783 23,925 • Net cash from opera�ng ac�vi�es due Payments to suppliers and employees (15,884) (17,150) to improv
Slide 12: Disclaimer
Disclaimer Disclaimer No responsibility for contents of Presentation advisers and representatives: • make no representation, warranty or undertaking, and accept no responsibility or liability express or implied, as to the adequacy, accuracy, completeness or reasonableness of this Presentation or any