Af Legal Group Limited · ASX:AFL
Af Legal — FY2019 Earnings Presentation
15 slides from Af Legal's earnings presentation, Aug 30, 2019
Slide 1: FY19 Results Presentation
For personal use only Australian Family Lawyers AF Legal Group Limited ASX: AFL FY19 Results Presentation August 2019
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this presentation or subsequently provided to any recipient of this presentation whether orally or in writing by or on behalf of AF Legal Group Limited ACN 063 366 487 (“AF Legal” or the Company”) or its respective employees, agents or co
Slide 3: Contents
Contents For personal use only Section 1: ASX Listing Overview Section 2: FY19 Performance Highlights Section 3: FY19 Financial Information Section 4: Strategy and Outlook Appendix 2
Slide 4: ASX Listing Overview
ASX Listing Overview For personal use only ASX Listing Summary Post Listing Share Ownership • Prospectus lodged on 29 March 2019 • Managing Director Edward Finn holds 18.1% • Successfully listed on 7 June 2019 • Other Board and Management hold a further 4.3% • Raised $5.91m via the issue of 29,562,4
Slide 5: Contents: FY19 Performance Highlights
Contents For personal use only Section 1: ASX Listing Overview Section 2: FY19 Performance Highlights Section 3: FY19 Financial Information Section 4: Strategy and Outlook Appendix 4
Slide 6: FY19 Performance Highlights
FY19 Performance Highlights For personal use only • Strong growth in Underlying Pro forma FY19 Profit & Loss metrics compared to prior year • Growth primarily driven by continued organic growth in Melbourne and Sydney • Reported NPATA impacted by non-recurring items associated with the listing Under
Slide 7: FY19 Operating Highlights
FY19 Operating Highlights For personal use only Successful ASX Listing Regional expansion in VIC State expansion into QLD Post Listing Successfully listed on the ASX Acquisition of Walls Bridges Acquisition of Nita Stratton Operational Update on 7 June 2019 at (WB) Funk & Associates (NSF) • H2 FY19
Slide 8: Acquisitions during FY19
Acquisitions during FY19 For personal use only • Acquisition completed in February 2019 • Acquisition completed in June 2019 Overview • Established in 2013 • Established in 1999 • Acquired for $53,500 • Acquired for $400,000 • Walls Bridges and Nita Stratton Funk & Associates will maintain their bra
Slide 9: Contents: FY19 Financial Information
Contents For personal use only Section 1: ASX Listing Overview Section 2: FY19 Performance Highlights Section 3: FY19 Financial Information Section 4: Strategy and Outlook Appendix 8
Slide 10: FY19 Underlying Income Statement
FY19 Underlying Income Statement For personal use only • Strong growth in Underlying Pro forma FY19 Profit & Loss metrics compared to prior year • Growth was primarily driven by continued organic growth in Melbourne and Sydney (growth rates would have been higher if not for a short term drop off in
Slide 11: FY19 Statutory Balance Sheet and Cash Flow
FY19 Statutory Balance Sheet and Cash Flow For personal use only • Statutory reported cash flow and balance sheets shown below are not reflective of the underlying cash flows of the business (i.e. the acquisitions are only included for one month during FY19 and do not include pro forma full year con
Slide 12: Contents: Strategy and Outlook
Contents For personal use only Section 1: ASX Listing Overview Section 2: FY19 Performance Highlights Section 3: FY19 Financial Information Section 4: Strategy and Outlook Appendix 11
Slide 13: Where are we going?
Where are we going? For personal use only Scale Up Accelerate Growth Start Up (since 2017) • Grow market share – repeat • Move into new “add-on” Melbourne formula in Sydney, BD • Validated marketing model services (eg. funding) Brisbane and Mornington • Achieved >$5m revenue • Expand into adjacent s
Slide 14: FY20 Annual Priorities
FY20 Annual Priorities For personal use only • Expand into new geographic markets Organic Growth • Continue to build pipeline of lateral hires in new and existing markets • Complete acquisition integration of NSF (WB completed) Acquisitions • Continue to build pipeline of acquisition opportunities b
Slide 15: Thank you
For personal use only Thank you