Schoolblazer Limited · ASX:SBZ
Schoolblazer — Investor Presentation (May 2023)
13 slides from Schoolblazer's investor presentation, May 23, 2023
Slide 1: FY23 Half-Yearly Financial Results Presentation
FY23 Half-Yearly Financial Results Presentation Half Year Results - 31 March 2023 Hancock & Gore Ltd (ASX: HNG)
Slide 2: Important Notices
IMPORTANT NOTICES Not investment advice The information contained in this presentation is not investment or financial product advice (nor tax, accounting or legal advice) nor is it a recommendation to acquire securities in HNG. This presentation does not and will not form any part of any contract fo
Slide 3: Performance Highlights for the Half-Year Ended 31st March 2023
PERFORMANCE HIGHLIGHTS FOR THE HALF-YEAR ENDED 31st MARCH 2023 $2.2m NET PROFIT AFTER TAX $63.5m NTA VALUE 55% FUM GROWTH $0.28 NTA PER SHARE 33% OF NTA IN CASH & LISTED SECURITIES 0.5c FULLY FRANKED INTERIM DIVIDEND
Slide 4: H1FY23 Highlights
H1FY23 HIGHLIGHTS • H1 FY23 ~$2.2m NPAT down 11% on H1FY22. Importantly, the 1HFY23 result didn’t include any unlisted balance sheet asset revaluations despite strong underlying asset performance • H1 FY23 ~$4.2m Revenue was up 419% on H1FY22 reflecting the contribution of dividends received and per
Slide 5: H1FY23 Income Statement
H1FY23 INCOME STATEMENT ($m) H1 FY23 H1 FY22 Movement Revenue from continuing $4.2m $0.8m $3.3m operations Fair Value Gains/(Losses) ($0.0m) $3.3m ($3.3m) Other income $0.2m $0.2m ($0.0m) Costs $2.1m $1.7m $0.5m Operating Profit $2.2m $2.6m ($0.4m) Tax $0m $0.1m ($0.1m) NPAT $2.2m $2.5m ($0.3m) Unde
Slide 6: H1FY23 Balance Sheet
H1FY23 BALANCE SHEET ($m) Mar 23 Sep 22 $ Change Cash $5.1m $13.5m ($8.4m) Listed Investments $15.9m $11.0m $4.9m Unlisted Investments $33.8m $31.5m $2.3m Loan Notes Intangibles Other Assets & Liabilities Net $7.6m $0.7m $1.1m $3.9m $0.7m $3.5m $3.7m $0m ($2.4m) $63.5M NET TANGIBLE Net Assets $64.2m
Slide 7: Strong Ownership Culture
STRONG OWNERSHIP CULTURE Strong alignment of interests between shareholders, fund investors and the H&G board and management team H&G Directors & KMPs own ~25% of ASX:HNG & material investments in managed funds Long-term ownership Investment team consists of experienced mentality Strong professional
Slide 8: Board & Management
BOARD & MANAGEMENT Building a high-quality, well-aligned investment team with broad experience and networks INVESTMENT TEAM HNG HIGH CONVICTION LIMITED GROUP / GOVERNANCE SANDY BEARD JOSEPH CONSTABLE PHILLIP CHRISTOPHER NICHOLAS ATKINSON JOSEPH CONSTABLE EXECUTIVE CHAIRMAN EXECUTIVE DIRECTOR INVESTM
Slide 9: Balance Sheet Investment Activity
BALANCE SHEET INVESTMENT ACTIVITY Progress in H1 on pursuing value creating initiatives Mountcastle Progressing multiple accretive M&A opportunities. In negotiations with strategically important bolt-on $7.2m school uniform suppliers Disruptive Packaging Strong growth in sales and global pipeline of
Slide 10: H&G Investment Management Highlights
H&G INVESTMENT MANAGEMENT HIGHLIGHTS 56% H1 Increase in FUM driven by strong performance by H&G High Conviction Ltd (ASX:HCF) & inclusion of the Hyde Road Trust HCF successfully completed ~$2.75m (~15%) placement at $1.04 per share post half balance date (May 23). Strong support by Perennial Value &
Slide 11: Events Post Half Year and Outlook
EVENTS POST HALF YEAR AND OUTLOOK Private Assets Mountcastle (MTC) – Strengthening board and advancing M&A opportunities • Steven Doyle (ex Lovisa, Super Retail) appointed as Chairman • MTC in due diligence on multiple acquisition opportunities • H&G intention to support Mountcastle’s growth through
Slide 12: H&G Strategy – 2025 Goals
H&G STRATEGY – 2025 GOALS1 Diversified Investment Company with an Active Value investment style that targets minimum 15% p.a. compound growth Plan to double H&G’s Balance Sheet Assets H&G 2025 Plan to triple H&G’s fee-generating FUM Goals Plan to triple H&G market cap Aspirational targets1 Balance S
Slide 13: Mr. Sandy Beard, Executive Chairman
MR. SANDY BEARD EXECUTIVE CHAIRMAN 0412 308 263 www.hancockandgore.com.au