Raiz Invest Ltd. · ASX:RZI
Raiz Invest — Shareholder Meeting (November 2023)
23 slides from Raiz Invest's shareholder meeting presentation, Nov 28, 2023
Slide 1: 2023 Annual General Meeting - Chairman's and CEO's Addresses
ASX Announcement | 28 November 2023 Raiz Invest (ASX:RZI) 2023 Annual General Meeting Chairman’s Address, CEO’s Address, and CEO Presentation Raiz Invest Limited (ASX:RZI) (Company) is pleased to attach the following documents to be presented at its 2023 Annual General Meeting being held at 11:00am
Slide 2: 2023 AGM - Chair's Address
ASX Announcement | 28 November 2023 Raiz Invest Limited (ASX:RZI) 2023 Annual General Meeting – Chair’s Address This past year has been an eventful one, with the ongoing uncertainty of the global environment along with the legacies of natural disasters and the pandemic, resulting in reduced investor
Slide 3: 2023 AGM - CEO's Address
Along with the support of our shareholders, the successful future of Raiz relies on the support of our customers for trusting us with their savings and our people who work hard to deliver great outcomes. Thank you for your ongoing loyalty to Raiz. 2023 Annual General Meeting – CEO’s Address Since ou
Slide 4: CEO's Address: Australian performance and Raiz Plus
Continued our performance across key metrics in Australia, when thinking about the performance of the business, and considering the external environment over the year, including 13 interest rate rises and the impact of cost of living – I believe we have done very well. You can see from our metrics w
Slide 5: Large addressable market and summary
We have a large addressable market in front of us. A recent ASX study found a subset of non-investors who intend to invest in the next 12 months of 1.33million Australians. At Raiz we recognise that: 1. There is a significant opportunity for further penetration of the adult population who are not ye
Slide 6: Thanks and contact details
To our customers who have been so loyal to us, never shy in calling us out and keeping us honest and asking for innovation, development or improvements, please keep this up. Last but not least, the awesome team of Raiz staff – you have all supported me in many ways over the past 12 months of change,
Slide 7: Annual General Meeting FY23
For personal use only Annual General Meeting FY23 28 November 2023 Australia’s leading WealthTech delivering in all economic cycles Kelly Humphreys | Chair Brendan Malone | CEO Raiz Invest Limited, ACN 615 510 177 | Level 11, 2 Bulletin Place, Sydney NSW 2000 Authorised for release by the Board of D
Slide 8: Chair's Address – Kelly Humphreys
01 For personal use only Chair’s Address – Kelly Humphreys
Slide 9: CEO Address – Brendan Malone
02 For personal use only CEO Address – Brendan Malone
Slide 10: Achievements in FY23
Achievements in FY23 Multiple achievements and milestones throughout FY23 For personal use only • Raiz remains Australia’s largest mobile – first financial services platform • Global Active Customer increased by 5.0% in FY23 • Global Funds Under Management (FUM) increased 20.1% in FY23 • Significant
Slide 11: Group FY23 results highlights
Group FY23 results highlights Achieved significant cost reductions for ongoing growth and path to profitability FY2023 Financial Summary For personal use only 685k A$1.15b 83% Permanent reduction to ongoing cost-base Global Customers Total FUM Improved Group 96% Reduction of adjusted normalised loss
Slide 12: Continued Outperformance Across Key Metrics in Australia
Continued Outperformance Across Key Metrics in Australia Strong Results Providing a Solid Platform for Ongoing Growth Active Customers (Australia) FUM (Australia) Revenue (Raiz Micro Investing Platform Aus) For personal use only (m) (A$m) (A$) CAGR: 10 % : 27% CAGR : 36% 295,943 CAGR 1,132 16.7 16.6
Slide 13: Reposition … Supporting Continued Robust Growth in FUM
Reposition … Supporting Continued Robust Growth in FUM Consistent active customer and FUM growth achieved with increased pricing September 2023: 296k $1.15bn For personal use only Active Australian (#) Australian (A$m) FUM 300,000 Customers 1,400.00 Active Australian Customers (LHS) Australian Retai
Slide 14: Marketing Strategy – Seven West Media partnership
Marketing Strategy – Seven West Media partnership Building awareness and our reputation as a leading wealth management platform For personal use only High Quality Creative Alignment with credible Commercial Segments Data, ad tech and combined with High talent and Australia’s and Innovation personali
Slide 15: Drive Awareness, Trust and Credibility
Drive Awareness, Trust and Credibility Engage all first-time investors, inactive & lapsed customers with the power of Seven For personal use only #1 MORNING #1 NATIONAL #1 SUMMER #1 WINTER SHOW NEWS PROGRAM SPORT SPORT 851K 4.13M 12m 14M 5M DAILY REACH WEEKLY REACH SEASON REACH SEAON REACH SEASON RE
Slide 16: Q1 FY24 Update
For personal use only Q1 FY24 Update
Slide 17: FY24 – September 2023 quarter update
FY24 – September 2023 quarter update Delivered positive operating cashflow at the Group level Redefining product and cashflow position in the quarter For personal use only n In August 2023 Raiz announced the new product release of Plus and a fee increase n Returned to an operating cashflow positive
Slide 18: Competitive Advantage and FY24 and beyond priorities
For personal use only Competitive Advantage and FY24 and beyond priorities
Slide 19: Raiz Continues to Outscore Contemporary Online Investing Apps
Raiz Continues to Outscore Contemporary Online Investing Apps Raiz has a market-leading online investing platform, being ranked as the one of the highest rated financial services application among its peers Outside of Commsec Pocket which is a universally recognised in Australia, Raiz has the 50.0%
Slide 20: We have a large addressable market in front of us
We have a large addressable market in front of us Raiz has an opportunity to capitalise on a large and improving addressable market in Australia Investing Raiz’s Market Proposition For personal use only 26.3m 1§ There is a significant opportunity for further penetration of the adult population who a
Slide 21: Recap
Recap Award-winning investment platform, delivering on growth and innovation #1 Leading Platform 1 For personal use only Highly engaging digital investment platform unlocking financial freedom and driving customer growth Industry Low CAC 2 Best in class marketing engine driving industry low CAC of A
Slide 22: Moving forward – our strategic plan
Forward Moving forward – our strategic plan For personal use only • Product Development: Our defined product development roadmap, informed by our customers, will deliver innovative new products that they value and need. • Active Customers: Building active customer numbers with the goal of achieving
Slide 23: Important notice and disclaimer
Important notice and disclaimer This presentation has been prepared by Raiz Invest Limited (ACN 615 510 177) (RAIZ). References in this presentation to RAIZ include its group of companies and trusts. For personal use only This presentation is subject to the conditions outlined below. Your receipt or