OneVue — Thorney Investment Forum 2019
14 slides from OneVue's conference presentation, May 14, 2019
Slide 1: Thorney Investment Forum – Company Presentations (ASX announcement)
THORNEY OPPORTUNITIES LTD ACN 080 167 264 For personal use only ASX Announcement: 14 May 2019 ASX Code: TOP THORNEY INVESTMENT FORUM – COMPANY PRESENTATIONS Please find attached a company presentation from OneVue Holdings Limited [ASX:OVH] being presented at today’s Thorney Investment Forum in Sydne
Slide 2: High Growth Differentiated Financial Services Business
For personal use only Thorney Opportunities Ltd Sydney Investment Forum HIGH GROWTH DIFFERENTIATED FINANCIAL SERVICES BUSINESS OneVue Holdings Limited (OVH) 14 May 2019 Strength in numbers Page 1
Slide 3: High growth, differentiated financial services business
For personal use only High growth, differentiated financial services business Platform top tier ranked in Investment Market leading managed fund 4th largest superannuation Trends Benchmarking Report administration business administration provider Won ‘Most New Developments’ in 2016 and With over 47
Slide 4: Fund Services and Platform Services
For personal use only FUND SERVICES PLATFORM SERVICES LARGE OUTSOURCED ADMINISTRATION BUSINESSES THE DIRECT AND INTERMEDIATED DISTRIBUTION GATEWAY MANAGED FUND ADMINISTRATION Full function platform administering a Market leader in managed fund wide range of assets including managed administratio
Slide 5: Group revenue: Platform and Fund Services
Group revenue* For personal use only PLATFORM SERVICES REVENUE CAGR OF 24.0% Core Platform Services* H1 FY19 Revenues up 31% on PcP 11.0 10.3 10.0 8.7 9.0 8.0 6.0 6.7 7.0 Growth from HI 2017 of 34.3% 7.0 6.0 (CAGR) $ m's 5.0 4.0 3.0 2.0 1.0 0.0 H1 2017 H2 2017 H1 2018 H2 2018 H1 2019 Revenue FUN
Slide 6: For personal use only
For personal use only Page 5 Strength in numbers
Slide 7: Industry trends
For personal use only ■ Regulators, fund managers and investors are calling for greater transparency of costs and revenue drivers ■ Shelf space fees, grandfathering and exit fees are coming under increased scrutiny and fees coming under increased pressure ■ As vertically integrated businesses are co
Slide 8: Digital distribution footprint (Online and OnAir)
For personal use only LARGE SCALE HIGH PROFILE DIGITAL DISTRIBUTION FOOTPRINT (Online and OnAir) Direct investments can be Access can be directed to Members requiring advice can be catered for in a direct solution white label platform partners directed to licensees under chosen brand IDPS and reti
Slide 9: Simplification complete, OneVue is delivering continuing growth
For personal use only Simplification complete, OneVue is delivering continuing growth CREATING SHAREHOLDER VALUE Maximised value from sale of Superannuation Trustee business, to pay fully franked special dividend of 2.19 cents per share following completion Capital management with buyback of up
Slide 10: Appendices
For personal use only 4 APPENDICES Strength in numbers Page 9
Slide 11: Revenue split and mix post-sale of Trustee Services
For personal use only FY 2017 revenue split H1 FY 2019 Revenue mix post-sale of Trustee Services 42% 11% 54% 39% 32% 61% 14% 35% 5% 9% 2% Page 10 Strength in numbers
Slide 12: Key revenue, profit and growth drivers
For personal use only KEY REVENUE DRIVERS KEY PROFIT DRIVERS GROWTH DRIVERS THE FUND SERVICES ADMINISTRATION BUSINESSES Number/Type of items Average revenue per items Legislative superannuation SERVICES processed processed Regulatory and technology FUND Value added services Average reven
Slide 13: Revenue profile H1 FY16 to H1 FY19
For personal use only REVENUE PROFILE H1 FY16 TO H1 FY19 COMMENTARY Strong continuing operations revenue growth of 31% underpinned by high levels of recurring revenue Recurring revenues in H1 FY 2019 represent 91% of total revenues, Recurring revenues comprise a blend of fees based on items pr
Slide 14: Disclaimer
For personal use only OneVue Holdings Limited ACN 108 221 870 (OneVue). The information in the presentation does not take into account the investment objectives, financial situation and particular needs of investors. Before making an investment in OneVue an investor should consider whether such an i