Solvar Limited · ASX:SVR
Solvar — Shaw and Partners Emerging Leaders Conference 2017
9 slides from Solvar's conference presentation, May 31, 2017
Slide 1: Shaw & Partners Emerging Leaders Conference
SHAW & PARTNERS EMERGING LEADERS CONFERENCE 31 May 2017 Scott Baldwin Managing Director
Slide 2: About Money3
About Money3 Money3 is a national credit provider committed to servicing the needs of customers who cannot access funding from traditional lenders. 2 SHAW AND PARTNERS EMERGING LEADERS CONFERENCE 31MAY2017
Slide 3: Overview of Money3
Overview of Money3 Key Highlights Established in November 2005 through the roll-up of Money3 and Money Plus branded businesses, listed on ASX in October 2006 National credit provider specialising in lending to customers who are unable to access credit from traditional lenders Operates in a hig
Slide 4: H1 FY17 Financial Performance
H1 FY17 Financial Performance Secured automotive loan revenue of $27.1m, increase of H1 FY17 $m H1 FY16 $m Mvt % 25.5% (H1 FY16: $21.6 million) Revenue 51.7 47.4 9.1% Net profit after tax Expenses 28.3 30.3 -6.5% of $13.7 million, EBITDA 23.3 17.1 36.8% increase of EBITDA as % of revenue 45.2% 36.0%
Slide 5: H1 FY17 Key Highlights
H1 FY17 Key Highlights Record half year revenue of $51.7m and profit of $13.7m Gross loan book increased to $247m up from $199m EBITDA Margin improvement from 36.0% to 45.2% Reduction in bad debts as a percentage of loan book from 3.5% in H1 2016 to 2.5% H1 2017 Reduction in expenses Com
Slide 6: H2 FY17 – Continued Growth in Auto Lending
H2 FY17 – Continued Growth in Auto Lending Continued demand for secured automotive loans in Q3 has Gross Loan Book $m driven an increase in the gross loan book by $10.9m 300 258.0 270.0 Secured loans now represents 247.1 250 77.3% of the gross loan book 198.8 Larger amount longer term 200 182.
Slide 7: Outlook
Outlook Money3 estimates its target market in Australia for automotive loans is approximately 700,000 loans per annum with Money3’s current run rate of approximately 14,000 for the financial year, representing approximately 2% of the opportunity Significant scope to grow market share of the seco
Slide 8: Disclaimer
Disclaimer The content of this presentation has been prepared by Money3 Corporation Limited (the Company) for general information purposes only. Any recommendations given are general and do not take into account your personal circumstances and therefore are not to be taken as a recommendation or a
Slide 9: Money3 Corporation Limited
Money3 Corporation Limited Enquiries to: Scott Baldwin Managing Director e. S.Baldwin@money3.com.au Head Office Level 1 / 40 Graduate Road, Bundoora, VIC 3083 p. 03 9093 8255 9 SHAW AND PARTNERS EMERGING LEADERS CONFERENCE 31MAY2017
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