Clime Investment Management Ltd · ASX:CIW

Clime Investment Management — Investor Presentation (February 2020)

23 slides from Clime Investment Management's investor presentation, Feb 26, 2020

  1. Slide 1: Investor Presentation H1 FY 2019 - 2020

    INTEGRITY TRANSPARENCY CONVICTION Clime Investment Management Limited ABN 37 067 185 899 Level 13/20 Hunter Street, Sydney, NSW 2000 Australia PO Box H90 Australia Square 1215 NSW P_ 1300 788 568 P_ 02 8917 2100 E_ info@clime.com.au W_ clime.com.au 26 February 2020 Company Announcements Australian S

  2. Slide 2: Investor Presentation H1 FY 2019 – 2020

    Investor Presentation H1 FY 2019 – 2020 February 26 2020

  3. Slide 3: Agenda

    Agenda 01 02 03 04 Overview Highlights Financials Business Update

  4. Slide 4: Disclaimer

    Disclaimer The information contained in this presentation is published by the Clime Group. The information contained herein is not intended to be advice and does not take into account your personal circumstances, financial situation and objectives. The information provided herein may not be appropri

  5. Slide 5: Overview

    Overview Rod Bristow– Chief Executive Officer

  6. Slide 6: Clime Investment Management Limited Company Overview

    Clime Investment Management Limited Company Overview •Diversified financial services business −Investment Management −Private Wealth Advice −Third Party Distribution −DIY Investor Platform •National footprint −Sydney (head office), Melbourne and Brisbane −32 staff −11 investment staff with >150 year

  7. Slide 7: Market Positioning

    Market Positioning Operating Segment Market Position Clime Positioning − Crowded market − Robust investment process delivering positive returns − Passive investments gaining market that demonstrates the benefits of active management Investment Management share − Niche strategies to differentiate (Al

  8. Slide 8: Highlights

    Highlights Rod Bristow– Chief Executive Officer

  9. Slide 9: H1 FY 20 Highlights

    H1 FY 20 Highlights • Sound financial result −Revenue up 40% on PCP to $7.23M −Operating Earnings up 178% on PCP to $1.59M −NPAT up 303% on PCP to $0.8M • FUM up 10.3% on June 2019 to $1.019Bn −$1.097Bn as at 14/2/20 • Employee Engagement: 81% • Net Promoter Score: 37

  10. Slide 10: Financial Results

    Financial Results Biju Vikraman – Chief Financial Officer

  11. Slide 11: H1 FY 20 Summary

    H1 FY 20 Summary 31-Dec-19 31-Dec-18 Change Item % Change ($’000) ($’000) ($’000) Revenue 7,228 5,154 2,074 40% Net realised and unrealised gains on financial assets 70 34 Occupancy expenses (112) (160) Administrative expenses (5,593) (4,473) Share of profit from joint venture - 17 Operating Earning

  12. Slide 12: Track Record of Growth

    Track Record of Growth EBITDA ('000) Basic Earnings Per Share (cps)* 3,000 2,586 3.0 2.6 2,500 1.9 2,000 1,970 2.0 1.3 1.6 1,287 1,593 1,500 1.0 1,000 - 500 2017 2018 2019 2020 - -1.0 2017 2018 2019 2020 H1 H2 H1 H2 NPAT ('000)* 2,000 1,461 1,500 1,064 620 863 1,000 500 - 2017 2018 2019 2020 -500 *2

  13. Slide 13: Business Update

    Business Update Rod Bristow – Chief Executive Officer

  14. Slide 14: H1 FY 20 Business Update

    H1 FY 20 Business Update • Certainty through strategy execution • Strong balance sheet − $3.81M cash − $6.29M in liquid investments • Dividend payments while delivering growth − Fully franked grossed up dividend yield of 6.3% p.a based on 31 Dec 2019 closing price of $0.55 per share

  15. Slide 15: Investment Products

    Investment Products Investment type Product Suitable for… • All Cap Australian Equity IMA • High Conviction Australian Equity IMA Individually Managed Accounts (IMAs) Wholesale investors only • Income IMA • Balanced Ethical Income IMA • Clime Balanced Portfolio • Clime Growth Portfolio Separately Ma

  16. Slide 16: Outstanding Investment Performance

    Outstanding Investment Performance Australian Income Fund vs RBA Cash Rate + 3% $140,000 $136,000 $132,000 $128,000 $124,000 $120,000 $116,000 $112,000 24.31% annualised net return (after fees) since Inception $108,000 $104,000 $100,000 $96,000 Clime Smaller Companies Fund vs ASX Small Ords / Emergi

  17. Slide 17: Outstanding Investment Performance

    Outstanding Investment Performance CBG Wholesale Fund vs ASX 200 Accum $550,000 $520,000 $490,000 $460,000 $430,000 $400,000 $370,000 $340,000 $310,000 $280,000 $250,000 $220,000 $190,000 $160,000 $130,000 $100,000 $70,000 CBG Wholesale ASX 200 Accum Inception Investment 9.70% annualised net return

  18. Slide 18: Fund Ratings

    Fund Ratings x Clime International] quities Fund © clime

  19. Slide 19: Investment Product Availability

    Investment Product Availability Clime investment products are also available on a number of Dealer Group Approved Product Lists • Clime Smaller Companies Fund and Clime Australian Income Fund (4 Dealer Groups) • Clime International Fund (3 Dealer Groups) • Clime CBG Australian Equities Fund (2 Deale

  20. Slide 20: Clime Group Gross FUM ($M)

    Clime Group Gross FUM ($M) $1.097Bn at 14/2/20 1,150 1,100 1,050 1,000 950 900 850 800 750 700 650 600 550 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19

  21. Slide 21: Peer Comparisons

    Peer Comparisons Market Cap as a percentage of FUM 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% Enterprise Value as a percentage of FUM 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% Fund Fund Fund Fund Fund Fund Fund CIW Fund Manager Manager Manager Manager Manager Manager Manager Manager 1 2 3 4 5 6 7 8

  22. Slide 22: Outlook

    Outlook •Continued disciplined strategy execution •Continued focus on enhancing return on equity through − Organic growth − Business simplification and technology efficiency − Mergers and acquisitions that deliver scale and optimize operational leverage

  23. Slide 23: Thank you

    Thank you

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