Count Limited · ASX:CUP
Count — CountPlus — Shareholder Meeting (November 2019)
19 slides from Count's shareholder meeting presentation, Nov 19, 2019
Slide 1: CountPlus Limited Annual General Meeting
For personal use only CountPlus Limited (ASX: CUP) Annual General Meeting CountPlus Limited I 19 November 2019
Slide 2: Disclaimer
Disclaimer For personal use only This document is a presentation of general Forward looking statements Pro forma financial information background information about the activities of CountPlus Limited (CountPlus) current at the This document contains certain forward-looking statements and CountPlus u
Slide 3: Chair's Address - Ray Kellerman
For personal use only Ray Kellerman Chair CountPlus Limited I Chair’s Address CountPlus AGM 2019
Slide 4: Resolutions
For personal use only Resolutions Ray Kellerman, Chair CountPlus Limited CountPlus AGM 2019
Slide 5: CEO Address - Matthew Rowe
For personal use only Matthew Rowe CEO and Managing Director CountPlus Limited I CEO Address CountPlus AGM 2019
Slide 6: Financial track record
Financial track record Transformation plan delivering improved earnings growth For personal use only Financial Results summary FY19 FY18 Movement – FY19 vs FY18 $’000 $’000 $’000 % Revenue from operating activities 68,646 74,386 (5,740) (8) Adjusted Earnings before interest, tax and amortisation (“E
Slide 7: CountPlus – snapshot
CountPlus – snapshot For personal use only Industry at a Glance Operating Environment Opportunities Core Clients • Financial Advice Revenue • Major institutional advice players • Major institutional advice players • Mass Affluent $4.7B exiting exiting – end of product subsidy • SME Family/Private •
Slide 8: CountPlus investment activity
CountPlus investment activity Since the last AGM, CountPlus has successfully completed six investments For personal use only Investments made in Core O’Brien Kerry Albert & Co Rundles Count Financial DMG Financial November 2019 March 2019 April 2019 Latitude Advisory November 2019 October 2019 40% p
Slide 9: Owner, Driver – Partner: Investment in DMG Financial
Owner, Driver – Partner: Investment in DMG Financial announced 18th November 2019 For personal use only Owner, Driver-Partner model • CountPlus Limited continues its growth strategy with the acquisition of a 30% interest in DMG Financial, a significant regional practice located in Sale, Victoria (Gi
Slide 10: Update – Count Financial
Update – Count Financial An accounting-led financial advice future For personal use only CountPlus AGM 2019 10
Slide 11: Update
Update For personal use only • Announced to ASX on the 13th June 2019 • Released expanded approved paraplanning panel on 30th October, • EGM held 6th August 2019 – 99.79% voted in favour of Count providing access to 65 additional Australian based paraplanners to Financial acquisition help firms prod
Slide 12: Lifting Professional Standards
Lifting Professional Standards For personal use only • Since 1 January 2019, all advice documentation stored centrally on Xplan advice platform • All 11,003 ongoing service clients re-engaged with new standard agreements in last 12 months • Provision of advice and ongoing service delivery can now be
Slide 13: Education standards – Count well positioned
Education standards – Count well positioned For personal use only • Existing financial advisers must: Pass the industry exam by 1 January 2021* Meet the new FASEA Education Standards by 1 January 2024* • The new education standards will require advisers to complete between one and eight study units
Slide 14: Count Adviser Numbers
Count Adviser Numbers For personal use only 30th June 2017 Count had 292 firms and 587 authorised representatives 30th June 2018 Count had 199 firms and 428 authorised representatives 30th April 2019 Count had 160 firms and 359 authorised representatives 30th September 2019 Count had 139 firms and 3
Slide 15: Update – Total Financial Solutions
Update – Total Financial Solutions For personal use only CountPlus AGM 2019 15
Slide 16: Update
Update For personal use only • Announced to ASX on the 28th June 2019 that the goodwill carrying value of Total Financial Solutions (“TFS”) would be impaired to NIL • TFS will cease operating as an AFSL entity early in the 2020 calendar year • At the time of writing, TFS has one known client remedia
Slide 17: Questions
For personal use only Questions
Slide 18: Results - Resolution Voting Results summary
Results For personal use only Resolution Voting Results summary 1. Re-election of Director (Ms Kate Hill) 2. Re-election of Director (Mr Ray Kellerman) 3. Adoption of Remuneration Report 4A. Approval of remuneration package for Managing Director and CEO (Mr Matthew Rowe) 4B. Grant of Performance Rig
Slide 19: Thank you
For personal use only THANK YOU CountPlus AGM 2019 19