Agency Group Australia Ltd · ASX:AU1
Agency Group Australia — The Agency Group Australia — Shareholder Meeting (November 2022)
15 slides from Agency Group Australia's shareholder meeting presentation, Nov 18, 2022
Slide 1: AGM Details & Presentation (ASX Release)
ASX Release 18 November 2022 AGM DETAILS & PRESENTATION For personal use only National real estate company The Agency Group Australia (ASX:AU1) (“The Agency” or “the Company”) is holding its 2022 AGM via a hybrid meeting at 8:30am AWST (11:30am AEDT) on 18th November 2022. The meeting will be held a
Slide 2: Annual General Meeting 18 November 2022
For personal use only (ASX: AU1) Annual General Meeting 18 November 2022
Slide 3: FY22 Key Takeaways
FY22 KEY TAKEAWAYS For personal use only UNDERLYING EBITDA1 Revenues from Ordinary Activities GCI2 $3.85M $72.7M $102.5M (FY21: $3.06M) → +26% (FY21: $58.4M) → +24% (FY21: $80.7M) → +27% Gross Value of Properties Sold No. of Properties Sold No of Agents $5.9Bn 5,709 393 (FY21: $4.8Bn) → +23% (FY21:
Slide 4: Continued growth in agent numbers
Continued growth in For personal use only agent numbers with 415 agents at 31 Oct 2022 (up from 393 at 30 June 2022) Since 30 June 2022, The Agency has entered its sixth state being Tasmania through its acquisition of Bushby Property Group. Geographical expansion in South East Sydney is an example o
Slide 5: Bushby Property Group Acquisition
Bushby Property Group Acquisition For personal use only Bushby Property Group, renamed The Agency – Team Bushby settled on 22 July 2022. The business sells approx. $125m in real estate on an annual basis and has 1,300+ Properties under management Consideration of c. $5M subject to a number of earn o
Slide 6: MDC Trilogy Group Alliance
MDC Trilogy Group Alliance For personal use only New strategic alliance with MDC Trilogy Group (“MDC Trilogy”) to accelerate The Agency market share across geographical areas. An inhibitor to agent recruitment is often an agent owning existing rent roll assets. The alliance with MDC Trilogy provides
Slide 7: Investment in Marketing Activities
Investment in Marketing Activities For personal use only Appointment of Chief Marketing Officer and National Head of Brand 1 December 2022 National Brand Refresh to align all regions under a single brand guidelines to improve brand recognition and penetration 1 December 2022 will also launch a new w
Slide 8: Data Strategy
Data Strategy For personal use only We have made significant investments in the area of data strategy and security with the appointment of a Chief Technology Officer. The CTO will focus on identifying efficiencies and deliver efficiency savings, along with leading IT investments that support and enh
Slide 9: Data Security
Data Security For personal use only DATA SECURITY STRATEGY External Data Security review process being undertaken by The Agency to review how data is collected and stored. While the majority of our customer data is held in external SaaS databases, The Agency still has a responsibility to minimise an
Slide 10: FYTD23 Change in sales volumes, four months to Oct 2022
FYTD23 Change in sales volumes, four months to Oct 2022 Market Sales NSW -28.2% For personal use only Volumes VIC QLD -15.6% -18.6% SA 11.8% WA 8.0% In the 4 months to 30 October TAS -16.0% 2022, Australian market volumes have reduced 15.8% from prior corresponding period. ACT -3.7% The Agency has r
Slide 11: Business Performance Update
Business Performance Update Key Performance Indicator Update For personal use only 4 months to 31 Oct 4 months to 31 Oct Variance 2022 2021 # of Listings 2,152 2,072 +3.8% # of Properties Sold 1,861 1,878 -0.9% Gross Sales Volume $1.7bn $2.0bn -12.8% Gross Commission $30.8m $34.2m -10.0% Income (GCI
Slide 12: Strategic Objectives
STRATEGIC OBJECTIVES For personal use only Further expansion of Enhancement of adjacency Further development and Training initiatives to ensure Leveraging technology and geographical regions across offerings to our agents and rollout of a Multi Brand our Agents are positioned to cost of doing busine
Slide 13: CY2023 Outlook
CY2023 OUTLOOK For personal use only Across 2023, states with lower In May, we have revised our Inexperienced agents Market Consolidation Consumer sentiment lower median price points to CY22 National price growth to continue to leave the industry. continues as smaller than GFC despite reduction in c
Slide 14: Contact details
For personal use only Geoff Lucas Managing Director & CEO geofflucas@theagency.com.au LinkedIn: www.linkedin.com/in/geoff-lucas David Tasker Chapter One Advisors dtasker@chapteroneadvisors.com.au Nov 2022 AGM Presentation 13
Slide 15: For personal use only
For personal use only
The Agency Group Australia — Shareholder Meeting (November 2022) on 6ix