Sequoia Financial Group Ltd. · ASX:SEQ
Sequoia Financial — Coffee Micro Caps (October 2023)
11 slides from Sequoia Financial's conference presentation, Oct 31, 2023
Slide 1: Coffee Micro Caps Presentation
Coffee Micro Caps Presentation Garry Crole Managing Director and CEO 31 October 2023
Slide 2: Disclaimer
Disclaimer This presentation is for general information purposes only, the information is provided in summary form only and does not purport to be complete or comprehensive. This presentation does not provide recommendations or opinions in relation to specific investments or securities. Good faith a
Slide 3: Our mission is to provide premium services to financial advisers
Our mission is to provide premium services to financial advisers, and accountancy practises so they in turn can provide premium personal advice and services to their clientele without product or institutional bias .
Slide 4: Customer Group
Customer Group Licensee Services • Adviser • Adviser Client Professional Customer Direct • AFSL holder Services Group • Accountant Practice • High net worth consumer • Fund manager Licensee Services
Slide 5: Key Customer Groups: Licensees and Authorized Representatives
Key Customer Groups Licensees And Authorized Representatives • There is approximately 1,200 AFSL’s with 15,872 advisers listed on the financial advice registry. • Approximately 16% of Australians or 3.2m consumers use a planner for personal advice this is an average of 200 clients per adviser with e
Slide 6: Key Customer Groups: Accountancy Firms, Wholesale Investors, Fund Managers
Key Customer Groups Public Practicing Accountancy Firms And Tax Agents • There is 34,396 businesses currently offering accounting services in Australia and approximately 13.5 million individuals lodging tax returns each year in Australia. There is 2.6m actively trading businesses in Australia and ap
Slide 7: Sequoia Financial Group
Sequoia Financial Group Professional Equity Markets Direct Wealth Services
Slide 8: Financial Targets (Short Term FY 2024)
Financial Targets ( Short Term FY 2024 ) We have determined an implied valuation for each Business / Division that totals a current sum more than our market cap where each value is determined by reverse calculation of a 15% EBITDA return. • Licensee Services $40m • Maintain dividend at 90-100% of op
Slide 9: Management Objectives (Longer Term FY 2026)
Management Objectives ( Longer Term FY 2026 ) • Increase total Revenue to $300m by year ending 2026 ( 25% pa growth ) • Aim for 8% of Revenue as EBITDA target on the basis Licensee Services represents much of the growth. • Increase adviser numbers to 500 • Increase higher margin corporate advice mar
Slide 10: Capital Structure
Capital Structure Capital Structure Shares on Issue $134 million Current Share price $0.49 Market Cap $65 million Cash at bank $35 million Enterprise value $30 million Forecast EBITDA $10 million Dividend Last 12 months $0.04 ( fully franked ) Yield 8.1%
Slide 11: Questions?
QUESTIONS? Garry Crole | Managing Director and CEO Web: www.sequoia.com.au Phone: 0411 600 550 garrycrole@sequoia.com.au
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