Euroz Hartleys Group Limited · ASX:EZL
Euroz Hartleys — Euroz — Investor Presentation (July 2020)
18 slides from Euroz Hartleys's investor presentation, Jul 15, 2020
Slide 1: ASX Market Announcement – Investor Presentation
For personal use only ABN 53 000 364 465 15 July 2020 ASX Market Announcements Office ASX Limited 20 Bridge Street, Sydney NSW 2000 Dear Sir/Madam, ASX MARKET ANNOUNCEMENT – INVESTOR PRESENTATION Please find attached the Investor Presentation for immediate release to the market. For further informat
Slide 2: Investor Presentation July 2020
INVESTOR PRESENTATION For personal use only July 2020
Slide 3: Company Snapshot
COMPANY SNAPSHOT For personal use only Euroz is a diversified financial services company GROUP FUM MARKET CAPITALISATION STAFF OWNERSHIP 1 1 $1.55b $167m 39% $235m $111.1m FULLY FRANKED DIVIDENDS IN 20 YEARS CASH & INVESTMENTS A strong platform for future growth Note 1: As at 30 June 2020 Investor P
Slide 4: Group Structure
GROUP STRUCTURE For personal use only Investor Presentation – July 2020 3
Slide 5: Euroz Limited Ownership
EUROZ LIMITED OWNERSHIP For personal use only Increasingly diversified share register Ice Cold Investments 6% Institutions Retail 20% 35% Staff ownership of 39% Improving liquidity Performance Rights Plan = ongoing capital management Directors Staff 27% 12% Significant staff ownership = strong
Slide 6: Unaudited Full Year Result
UNAUDITED FULL YEAR RESULT For personal use only HEADLINE RESULT UNDERLYING CASH PROFIT FULL YEAR DIVIDENDS 1 1 $-1.4m $6.5m 7.75cps GROUP FUM EUROZ SECURITIES CASH & INVESTMENTS EQUITY RAISINGS 1 1 $1.55b $1.05b $111.1m Note 1: Attributable to members Investor Presentation – July 2020 5
Slide 7: Historical Profitability
HISTORICAL PROFITABILITY For personal use only High correlation to resource markets XSR $50 9000 Small Resources - Index $41.9 8000 $40 7000 $31.3 6000 $30 $26.6 $26.3 $26.6 5000 NPAT1 (A$m) $22.2 4000 $20 $19.4 $16.8 3000 $11.8 $11.1 $9.2 $10.3 2000 $10 $3.6 1000 $0 00 FY05 FY06 FY07 FY08 FY09 FY10
Slide 8: Dividend History
DIVIDEND HISTORY For personal use only Paid $235 million in fully franked dividends A$m Annual Dividend Paid Cumulative Dividend paid PAST: 240 Paid $235m dividends over 220 40 consecutive half year periods 200 High payout ratio 180 160 FUTURE: 140 Aim to increase the base level of dividends t
Slide 9: Stockbroking & Corporate Finance
STOCKBROKING & CORPORATE FINANCE For personal use only Euroz Securities - 20 year history of partnering and supporting clients through research, dealing and corporate finance services Quality equities research is the foundation of our business Research Highly rated research from our team of six
Slide 10: Stockbroking & Corporate Finance: Major Transactions FY2020
STOCKBROKING & CORPORATE FINANCE For personal use only Major corporate finance transactions during FY2020 Investor Presentation – July 2020 9
Slide 11: Wealth Management
WEALTH MANAGEMENT For personal use only Entrust Wealth Management - 17 year track record Combines its deep knowledge of managed discretionary advice, financial planning and portfolio management with its portfolio administration service to create a comprehensive wealth management solution for each
Slide 12: Funds Management
FUNDS MANAGEMENT For personal use only Westoz Funds Management – “Finding the Best in the West” Westoz Funds Management (WFM) is a 100% owned subsidiary of Euroz Limited established in 2005 WFM manages portfolios of Australian equities on behalf of two listed investment companies, Westoz Investm
Slide 13: Euroz Balance Sheet as at June 2020
EUROZ BALANCE SHEET AS AT 30 JUNE 2020 For personal use only Improving balance sheet Strong balance sheet/zero debt Market Valuation: $46m – $56m Enterprise Value Cost Market Look through value 1 Westoz $39.0m $32.2m $37.7m Ozgrowth $27.8m $24.8m $29.5m Other Investments $5.4m $7.8m $7.8m Cash $
Slide 14: Funds Under Management
FUNDS UNDER MANAGEMENT For personal use only $1.55 billion in FUM in Funds and Wealth Management $1,600 WIC ($143m) Funds Management $1,400 $214m $1,200 Euroz Securities OZG ($71m) $370m $1,000 A$m $800 Euroz ($370m) $600 Entrust Wealth Management Entrust ($969m) $400 $969m $200 $- 2 Dec 15 Jun 16 D
Slide 15: Unaudited Full Year Result Summary
UNAUDITED FULL YEAR RESULT SUMMARY For personal use only Euroz Group Summary Solid performance from Euroz Securities Group FUM steady at $1.55 billion Net loss after tax (attributable to members) of -$1.4m Underlying “cash” profit of $6.5m after tax plus $0.3m “non-cash” after tax profit on
Slide 16: Summary
SUMMARY For personal use only Euroz is a diversified financial services company Established track record provides solid platform for growth Solid underlying profitability A robust balance sheet Aim to increase recurring revenue Investor Presentation – July 2020 15
Slide 17: Disclaimer & Disclosure
DISCLAIMER & DISCLOSURE For personal use only Euroz Limited (EZL) and its related entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in good faith. However, no warranty (express or implied) is made
Slide 18: Thank You
THANK YOU For personal use only Euroz Limited Level 18 Alluvion 58 Mounts Bay Rd Perth Western Australia 6000 euroz.com