Praemium Ltd · ASX:PPS
Praemium — Investor Presentation (July 2010)
12 slides from Praemium's investor presentation, Jul 26, 2010
Slide 1: Investor Presentation
For personal use only Investor Presentation 26 July 2010 Praemium (ASX:PPS) is pleased to provide a copy of the attached Investor Presentation which will be used by the Group CEO, Mr Arthur Naoumidis, to accompany presentations to investors and their advisers following the recent release of the Grou
Slide 2: Investor Presentation - Arthur Naoumidis, Group CEO
For personal use only Investor Presentation July 2010 Arthur Naoumidis Group CEO
Slide 3: Business Performance
Business Performance For personal use only V-Wrap Nbr Quarter Revenue Receipts Portfolios FUA SMA FUM UK FOP¹ Jun-09 $2,170 K $4,796 K 41,296 $31.6bn $329mn £ 11.4mn Sep-09 $2,632 K $2,938 K 41,043 $36.7bn $415mn £ 17.5mn Dec-09 $2,642 K $2,272 K 42,596 $38.9bn $460mn £ 39.0mn Mar-10 $3,261 K $2,968
Slide 4: Key Financial Details
Key Financial Details For personal use only EBITDA for half year to 31 December 2009 = ($3.7million) – a 44% improvement from PCP Estimated EBITDA for 09/10 FY approx. ($5 Million) – unaudited - PCP was ($10.676m) All development costs are expensed Praemium has no debt Cash at end of June 2010 = $5.
Slide 5: Highlights
Highlights For personal use only 7% increase in portfolios 44,167 portfolios with $39.7 billion assets as at 30 June 2010 Over 17,500 SMSFs – 4% of market E*TRADE deal - ‘live’ in July 2009: Once a year Tax Reports for all E*TRADE active retail customers as part of a base fee Daily standard V-Wrap s
Slide 6: Outlook
Outlook For personal use only Improve Accountant Penetration Continued Improvement of Super compliance interface Additional portfolio services for smaller portfolios Development of Accountant Investment Register SMARTwrap Full managed fund wrap capability – launched July 10’. Compelling proposition
Slide 7: Highlights
Highlights For personal use only $600 SMA FUM($ Million) BlackRock Customised Portfolio Service: $500 184 organisations now subscribed to this service $400 FUM approx. $500 million* $300 Flat lined during GFC $200 Started growing in April 2009 $100 *As at 30 June 2010 $0 Jun-09 Sep-09 Dec-09 Mar-10
Slide 8: Outlook
Outlook For personal use only SMA Will improve as market does Imminent deployment of “Model of Models” Compelling value proposition for Financial Planners Elimination of ongoing SOA Reduction of business risk Improved business value Strong demand from current and prospective clients SMARTwrap to dri
Slide 9: United Kingdom - Highlights
United Kingdom - Highlights For personal use only FUM of Praemium UK grew to £115.7 million over the period – 197% growth since December 2009 Praemium UK clients have circa £3 billion ‘under influence’ Our two key offerings are well positioned within the UK regulatory environment Commissions banned
Slide 10: United Kingdom - Outlook
United Kingdom - Outlook For personal use only Strong Growth in UK platform assets Current size is approx. £90 Billion Forecast to grow to £300+ Billion by end of 2012 Driven by ban of commissions Praemium well placed to benefit from this Offshore Market is an additional driver Russell Investments f
Slide 11: Outlook Summary
Outlook Summary For personal use only To continue with achieving strong growth in revenues from: Further enhancing our service offerings in Australia Seeking and supporting new operators (e.g. Powerwrap) to penetrate mainstream financial planner market Increasing distribution and building FOP in the
Slide 12: Disclaimer/Copyright Notices/Trademarks
Disclaimer/Copyright Notices/Trademarks For personal use only The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions investors should rely on their own examination of Praemium Limited and consult wit