Teaminvest Private Group Ltd · ASX:TIP
Teaminvest Private — Shareholder Meeting (November 2022)
36 slides from Teaminvest Private's shareholder meeting presentation, Nov 25, 2022
Slide 1: FY22 AGM Presentation
For personal use only Teaminvest Private Group Limited ASX: TIP FY 22 AGM Presentation TIP GROUP © Copyright 2022 25 November 2022
Slide 2: Important Notice and Disclaimer
FY22 AGM Presentation Important Notice and Disclaimer For personal use only This presentation is issued by Teaminvest Private Group Limited (ACN 629 045 736) (TIP or the Group). The information contained in this document is of a general nature and is not intended to address the objectives, financial
Slide 3: Contents, Noble Purpose, Mission and Vision
FY22 AGM Presentation For personal use only An ASX-listed financial institution focused on transferring knowledge and wealth between generations. Contents Noble purpose Transferring knowledge and wealth between generations. 1 FY23 Update 2 Conscious Capital Acquisition Mission We invest the wealth a
Slide 4: Our DNA
Our DNA Teaminvest was established in 2007 as a private membership organisation for those who wish to educate themselves to manage their wealth wisely rather than paying others to do it badly for them. In 2012, TIP was formed to offer Teaminvest members the opportunity to invest in {and mentor) the
Slide 5: FY23 Update
For personal use only FY23 Update TIP GROUP © Copyright 2022 5 Mark Moreland of Teaminvest
Slide 6: New divisions positioned for growth
FY22 AGM Presentation | FY23 Update New divisions For personal use only positioned for growth • FY23 marks the first steps in our strategy to integrate Equity and Wealth towards our goal of becoming the financial institution of choice for first generation wealth • We intend to use this year to bed d
Slide 7: Update vs our FY23 goals
FY22 AGM Presentation| FY23 Update Trailer construction by Graham Lusty Trailers Update vs For personal use only our FY23 goals 1. Revamp committee structure to deliver greater value ▪ New committees established, too early to comment on value 2. Two further acquisitions ▪ Conscious Capital subject t
Slide 8: 1Q23 Proportional Results
FY22 AGM Presentation | FY23 Update 1Q23 Proportional Results For personal use only FY23 is off to a good start, with significant improvement on last three quarters. ▪ Return to strong performance as construction Proportional Revenue ($m) Proportional EBITDA ($m) shut-down impact washes through ▪ $4
Slide 9: TIP Equity
FY22 Presentation | FY23 Update TIP Equity For personal use only The traditional private equity division of TIP, focused on investing in stable founder-led businesses who can benefit from mentorship and capital. TIP GROUP © Copyright 2022 9
Slide 10: TIP Equity
FY22 Presentation | FY23 Update TIP Equity For personal use only Vision: Build great people focussed high performing organisations delivering exceptional results Progress towards FY23 goals 1. Enhance synergy within the Group to develop greater moats ▪ Equity Leadership Group established 2. Bolster
Slide 11: TIP Wealth
FY22 Presentation | FY23 Update TIP Wealth For personal use only TIP’s wealth and investment banking business, focused on harnessing the knowledge and intellectual property accumulated by TIP to provide a home for first generation wealth. Diverse Interconnected Offering Strong Product Differentiatio
Slide 12: TIP Wealth Division Leadership
FY22 Presentation | FY23 Update TIP Wealth Division Leadership For personal use only Michael Baragwanath – Head of TIP Wealth Quarter Achievements Michael is responsible for the group’s advisory, funds Activities completed in the last quarter: management, licensing and asset management operations. M
Slide 13: TIP UK: 1Q23 update and progress towards FY23 goals
FY22 AGM Presentation | FY23 Update TIP UK For personal use only 1Q23 update and progress towards FY23 goals The key FY23 goals for the TIP UK division are as follows: 1. Develop TIP UK’s brand and digital presence ▪ UK website due for launch in Q2 2. Ensure UK is operating profitably on a monthly b
Slide 14: Conscious Capital Acquisition
For personal use only Conscious Capital Acquisition TIP GROUP © Copyright 2022
Slide 15: A Highly Attractive Opportunity
FY22 AGM Presentation | Conscious Capital Acquisition A Highly Attractive Opportunity For personal use only Conscious Capital Limited (“Conscious Capital”) is the trustee and manager of the Conscious Investor Fund (“CIF”), a wholesale managed fund founded in 2013 to assist Teaminvest members manage
Slide 16: Who is Conscious Capital?
FY22 AGM Presentation | Conscious Capital Acquisition Who is Conscious Capital? For personal use only ▪ Established in 2013, Conscious Capital is the trustee and manager of the Conscious Investor Fund ( “CIF”), a wholesale listed equities fund Funds Under Management ($m) ▪ Investments include Austra
Slide 17: Value To TIP Group
FY22 AGM Presentation | Conscious Capital Acquisition Value To TIP Group For personal use only Increases the size and scope of TIP Wealth. Complements our existing trustee and funds management investments and seamlessly fits our culture as it already utilises group IP. Existing investors in the CIF
Slide 18: Q&A
For personal use only Q&A Other useful information follows for those reading online. Stairs by Icon Metal TIP GROUP © Copyright 2022 18
Slide 19: FY22 in Review
For personal use only FY22 in Review TIP GROUP © Copyright 2022 Trailer by Graham Lusty19Trailers
Slide 20: A year of disruption delivered major benefits
FY22 AGM Presentation | FY22 in Review A year of disruption delivered major benefits For personal use only Items of note in FY22 1 Record Proportional Revenue of $152.1m (up 6 Five Portfolio Companies delivered a record 5%) profit 2 Proportional EBITDA of $13.5m (down 8%) 7 Commenced operations in t
Slide 21: Performance vs our goals
FY22 AGM Presentation| FY22 in Review Staircase by Icon Metal Performance vs For personal use only our goals The FY22 goals we set and published in my presentation last year were: 1. Establish Group Treasury and banking facilities (Done) 2. Establish group procurement to better utilise scale across
Slide 22: Proportional Results
FY22 AGM Presentation | FY22 in Review Proportional Results For personal use only FY22 was a fifth consecutive record Proportional Revenue for the Group. ▪ Proportional Revenue up 5% to a new record of Proportional Revenue ($m) Proportional EBITDA ($m) $152.1m ▪ Proportional EBITDA down 8% to $13.5m
Slide 23: Engineering
FY22 AGM Presentation | FY22 in Review Engineering For personal use only Proportional Revenue ($m) Proportional EBITDA ($m) ▪ Proportional Revenue down 7% to $61.5m CAGR (FY19 – FY22) = (2.3%) CAGR (FY19 – FY22) = 26.2% ▪ Proportional EBITDA down 8% to $7.2m ▪ Up an average of 26.2% p.a. since listi
Slide 24: Services
FY22 AGM Presentation | FY22 in Review Services For personal use only ▪ Proportional Revenue up 16% to $90.6m ▪ Proportional EBITDA down 8% to $6.3m Proportional Revenue ($m) Proportional EBITDA ($m) ▪ Up an average of 20.5% p.a. since listing in FY19 CAGR (FY19 – FY22) = 9.2% CAGR (FY19 – FY22) = 2
Slide 25: Statutory results
FY22 AGM Presentation | FY22 in Review Your partner for all your travel requirements Statutory results For personal use only • Record Statutory Revenue of $92.7m (up 1%) • Operating NPAT of $4.2m (down 40%) primarily due to performance of companies exposed to residential construction • Statutory los
Slide 26: Other useful information
For personal use only Other useful information TIP GROUP © Copyright 2022 26
Slide 27: Board of Directors
FY22 AGM Presentation | Other useful information Board of Directors For personal use only Management Title leadership allows Experienced senior Profile TIP Group to deliver its noble purpose and continue to accelerate growth. Malcolm Jones Independent Malcolm has experience in managing large organis
Slide 28: Board of Directors (Cont'd)
FY22 Presentation | Other useful information Board of Directors (Cont’d) For personal use only Management Title Profile VOTING MEMBERS Regan Non-Executive Regan has worked as an executive director for 40 years for both national and multi-national companies. His focus has been primarily on strategic
Slide 29: Group Leadership
FY22 Presentation | Other useful information Group Leadership For personal use only Experienced operational leadership brings experience well beyond the current size of TIP Group. Management Title Profile Andrew Managing Andrew is a co-founder of Teaminvest Private and is responsible for sourcing, s
Slide 30: TIP Equity Leadership
FY22 Presentation | Other useful information TIP Equity Leadership For personal use only Company CEO Profile TIP Equity Dean Robinson See previous pages. Graham Lusty Graham Lusty The name ‘Lusty’ is famous in Australia for being associated with trailer manufacturing. Tinkering with old farm machine
Slide 31: TIP Equity Leadership (Cont'd)
FY22 Presentation | Other useful information TIP Equity Leadership (Cont’d) For personal use only Company CEO Profile Multimedia Johan Meyer Johan is a values-driven executive with international expertise and more than 10 years’ experience leading creatively curious companies. Prior to Technology jo
Slide 32: TIP Wealth Leadership
FY22 Presentation | Other useful information TIP Wealth Leadership For personal use only Company CEO Profile TIP Wealth Michael Michael is responsible for the group’s advisory, funds management, licensing and asset management operations. Michael holds an MBA with a specialisation Baragwanath in mark
Slide 33: TIP UK Leadership
FY22 Presentation | Other useful information TIP UK Leadership For personal use only Management Title Profile Malcolm Rutherford Head of TIP UK Malcolm is a highly experienced financial services executive with more than 30 years of senior management experience. Malcolm first joined the Company in 20
Slide 34: TIP Group Risks Register: Top Three Risks
FY22 Presentation | Other useful information TIP Group Risks Register: Top Three Risks For personal use only 6. 3. 1. Supply Chain Disruption Investment Key Person Supply Chain Portfolio Companies are reliant on both Australian and International supply of raw materials and Risk Risk Disruption consu
Slide 35: TIP Group Risks Register: Controls
FY22 Presentation | Other useful information TIP Group Risks Register: Controls For personal use only 6. 3. 1. Supply Chain Disruption Investment Key Person Supply Chain ▪ Advanced ordering and increased inventory balance minimises disruption and mitigates Risk Risk Disruption inflation ▪ Portfolio
Slide 36: Thank you
For personal use only Thank you Andrew Coleman CEO Head Office - Sydney Adelaide Ground Floor, Suite G.02 Level 12 23 Ryde Road 431 King William Street Pymble NSW 2073 Adelaide SA 5000 TIP GROUP © Copyright 2022 36
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