Cog Financial Services Limited · ASX:COG
Cog Financial Services — Shareholder Meeting (November 2023)
9 slides from Cog Financial Services's shareholder meeting presentation, Nov 27, 2023
Slide 1: 2023 AGM CEO Presentation (ASX cover announcement)
27 November 2023 The Manager – Listings Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 2023 AGM CEO Presentation COG Financial Services Limited (COG) attaches the following documents in relation to the FY2023 Annual General Meeting: • CEO Presentation, by Mr
Slide 2: AGM 27 November 2023
For personal use only AGM 27 November 2023 Andrew Bennett Group Chief Executive Officer
Slide 3: About COG: COG's business ecosystem
About COG COG’s business ecosystem For personal use only $7.7BN of assets financed in FY23 21% of all asset finance transactions in Australia Slide being updated to include Wealth Management 2 2
Slide 4: About COG: Strategy
About COG Strategy – COG is an aggregator of small businesses in linked financial services segments, where we can grow earnings: For personal use only Providing capital to businesses to maximize medium term potential Applying management expertise, standardized IT back office and accounting systems,
Slide 5: Spotlight on Novated Leasing
Spotlight on Novated Leasing Novated Leasing and Salary Packaging have momentum • In April 2023 via its novated leasing subsidiary business, FleetNetwork, COG acquired Paywise, a salary packaging business. For personal use only • COG simultaneously divested an 18% interest in the consolidated FleetN
Slide 6: Spotlight on Novated Leasing: significant momentum
Spotlight on Novated Leasing Novated Leasing and Salary Packaging have significant momentum For personal use only NPATA Paywise Operationally # Effective 1 July 2023, the Novated Leasing business is reported as a separate business segment. It is inclusive of the recently acquired novated lease busin
Slide 7: Salary Packaging – a worked example
Spotlight on Novated Leasing Salary Packaging – a worked example For personal use only • The above comparative analysis shows the net benefit gained per annum by acquiring the vehicle with a novated lease agreement versus a private finance agreement assuming the monthly repayments and running costs
Slide 8: Looking Forward
Looking Forward - FY 24 For personal use only • COG will continue to remain active in the identification of strategic acquisitions (at the right price) to add to the underlying businesses organic growth trajectory. • Good levels of activity continue across all areas of the business with the strength
Slide 9: Disclaimer
Disclaimer COG Financial services Limited ('COG’) has not considered the financial position Investors should also note that COG’s past performance, including past share or needs of the recipient in providing this presentation ('Presentation'). Persons price performance, cannot be relied upon as an i
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