Prime Financial Group Limited · ASX:PFG
Prime Financial — 11th microEQUITIES Rising Stars Microcap Conference 2017
17 slides from Prime Financial's conference presentation, Jun 21, 2017
Slide 1: Presentation – 11th microEQUITIES Rising Stars Microcap Conference
21 June 2017 Prime Financial Group Ltd ACN 009 487 674 Company Announcements Office Australian Securities Exchange Limited Level 17, Como Office Tower 644 Chapel Street South Yarra VIC 3141 Tel 03 9827 6999 Fax 03 9827 9100 enquiries@primefinancial.com.au www.primefinancial.com.au Presentation – 11t
Slide 2: Prime Financial Group Ltd (ASX PFG)
Prime Financial Group Ltd (ASX PFG) 27 June 2017
Slide 3: Important Notice And Disclaimer
Important Notice And Disclaimer This investor presentation (Presentation) has been prepared by Prime Financial Group Limited (PFG). Summary information This Presentation contains summary information about PFG. The information in this Presentation is general background information and does not purpor
Slide 4: Who We Are
Who We Are • Prime is an Integrated Accounting, Wealth Management and Capital Advisory firm that operates a B2C direct client advice model and a B2B partnership model with Accounting & Advisory firms • Prime’s goal is for clients to receive complete Accounting, Wealth Management and Capital advice 3
Slide 5: Prime At A Glance
Prime At A Glance ASX Listed National $1.0+ Billion Funds Under Management • Established in 1998 • 80+ Team Members • Partner to 30+ Accounting Firms • Accounting & Wealth • Personalised & Integrated Management Heritage Advice • Market Cap: $27m • Leading Innovation Partner to Entrepreneurs 4
Slide 6: Strong, Entrepreneurial & Experienced Board
Strong, Entrepreneurial & Experienced Board The Board has the background, proven track record & vision to succeed Paul Cowan Simon Madder Independent Non-Executive Managing Director Chairman & CEO Executive Director River Capital Co-founder, Managing Director & (Funds Management) CEO of Prime Financ
Slide 7: Services We Offer
Services We Offer Accounting & Wealth Business Management Capital Advisory Whether you are a Business Owner, Professionals, Executive’s, Business Whether accessing Equity Founder, CEO, CFO – a start up; U.S. Owner’s, Family Groups and Retirement Capital for growth or selling to biotech looking to R&
Slide 8: Prime’s Business Model
Prime’s Business Model • Deliver Integrated Advice across Prime’s three core service lines through Prime’s national office structure to Prime’s Direct Client base • Partner with Accounting & Advisory Firms to help them deliver Integrated Advice across the three service lines, to their client base 7
Slide 9: How We Generate Income
How We Generate Income Accounting & Wealth Business Management Capital Advisory Fee for Service a a a Ongoing Retainer a a a Success Fees a a Asset Based Fees a Investment Brokerage a Insurance Commission a • Approximately 80% of Prime’s income is recurring from the same client base • The typical cl
Slide 10: How We Operate
How We Operate • Prime operates a ‘Hub and Spoke’ model • Core teams and infrastructure are centralized wherever possible, typically in Melbourne where Prime’s head office is located • Scalability of service line is a central theme • Increasingly, Prime is a technology led but people driven business
Slide 11: Key Developments and FY2017 Progress
Key Developments and FY2017 Progress Corporate Investment People Advice & Funds Development Management • Acquisition of MPR • Increased team members • FUM of $1.1Billion @ 31 May from 35 to 80 2017 • Additional services, R & D and EMDG • Brisbane presence through • Substantially increased use of acq
Slide 12: Opportunities
Opportunities • Leading Innovation Partner to Entrepreneurs and a Key Service Provider • A Capital Facilitator for Early Stage Companies • Significant Wealth Management & Superannuation Provider in the Non-Bank Advice Channel • Provider of Scaled Investment and Funds Management Solutions • Cornersto
Slide 13: 1H2017 Results Summary
1H2017 Results Summary • Members of the Parent Entity (After Outside Equity Interest) − Profit Before Income Tax up 12% to $2.15M compared to 1H2016 of $1.92M − Excluding Net Benefit from Restructuring Investments of $0.46M in 1H2016, Profit Before Income Tax up 47% to $2.15M compared to $1.46M − Pr
Slide 14: 1H2017 Results
1H2017 Results % CHANGE DETAILED FINANCIAL RESULTS 1H17 $M 1H16 $M 1H17 v 1H16 Wealth Management Income New Business Income 1.15 1.10 5% Recurring Income 3.61 3.72 (3%) Total Wealth Management Income 4.76 4.82 (1%) Accounting Income Accounting & Business Advisory 3.52 - - Equity Accounted Profit 0.5
Slide 15: Market Update – June 2017 (Forecast)
Market Update – 20 June 2017 (Forecast) • Profit Before Income Tax from continuing operations expected to increase by 21 - 26% • Increased Debt Facility from $7.7m to $12.0m (expected debt at 30 June 2017 $8.25m (approx.)) • Consolidated Group Income expected to increase by 35% (approx.) • Stronger
Slide 16: Contact
Contact Simon Madder Managing Director/CEO Prime Financial Group Ltd (T) (03) 9827 6999 (E) simonm@primefinancial.com.au (W) www.primefinancial.com.au 15
Slide 17: Accounting & Business Advisory Wealth Management Capital
Accounting & Wealth Management Capital Business Advisory 1800 064 959 1800 317 006 1800 317 005
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