HUB24 Limited · ASX:HUB
HUB24 — Shareholder Meeting (November 2013)
14 slides from HUB24's shareholder meeting presentation, Nov 27, 2013
Slide 1: Annual General Meeting Chief Executive Officer Address
HUB24 Limited Annual General Meeting Chief Executive Officer Address Andrew Alcock 27 November 2013
Slide 2: Disclaimer
Disclaimer Summary information Forward looking statements The material that follows is a presentation of general This presentation contains certain forward‐looking background information about HUB24 Limited’s (‘HUB’) statements. The words ‘anticipate’, ‘believe’, ‘expect’, activities current at the
Slide 3: FY13 in Review, Financial Summary, Corporate Information
FY 13 in Review Financial Summary Corporate Information Key Statistics (at 30 October 2013) Who we are What we do Market environment Our Advantage FY14 Business Progress Outlook
Slide 4: FY 13 in Review
FY 13 in Review September ’12 • Rights issue & placement completed raising $8.32m. October ‘12 • Board restructure. December ‘12 • Agreement to Divest stockbroking to Wilsons HTM. March ’13 • Transition of stockbroking business completed & headcount reduced by 22.6 FTE. April ’13 • Share placement t
Slide 5: FY 13 in Review: Company Successes
FY 13 in Review Company Successes • Single focus and new corporate identity. • Growth in active advisers of 75%. • Awarded 1st Most New Developments – Investment Trends Awards. • Launch of new features – market access share trading / improvements to adviser interface. • Annual growth to 30/6/2013 in
Slide 6: Financial Summary
Financial Summary Continuing Operations An increase in operational revenue from $0.226 million to $1.228 million driven by an increase in client FUA from $121.694 million to $384.568 million over the Financial Year to 30 June 2013. This increase came from $114.146 million in superannuation and $24
Slide 7: Corporate Information
Corporate Information Capital Structure – at 26/11/2013 Balance Sheet (as at 30 June 2013) Current Assets Shares on Issue 44.75m Current Assets 11.27m Non-Current Assets 7.92m Total Assets 19.19m Share price $1.34 Current Liabilities 1.81m Market Capitalisation $59.97m Non-Current Liabilities 0.06m
Slide 8: Key Statistics as at 30 October 2013
Key Statistics as at 30 October 2013 A '$M TOTAL FUNDS UNDER ADMINISTRATION Total FUA = $556m 600 44.5% increase since 30 June 2013. 500 400 Dealer Groups actively using platform: 30. 300 Major customers: Ord Minnett, Matrix, 200 Sentry, Beresford’s. 100 Recently signed white label agreements ‐ for
Slide 9: Who we are
Who we are • HUB24 is a full featured Wrap Platform incorporating Investor Directed Portfolio Service (IDPS) and Super/Pension services. • Market leading Managed Portfolio functionality. • Very wide investment choice including Managed Portfolios, listed securities, managed funds, term deposits and c
Slide 10: What we do
What we do • We develop, distribute and operate the HUB24 Investment and Superannuation platform. • Our customers are financial advisers, accountants, stockbrokers and institutions. • We allow our larger corporate customers to white label the platform under their own brand. • We are independently ow
Slide 11: Market Environment
Market Environment • The personal investments market was $2,124bn as at 30 June 2012 and is expected to grow at 8% p.a. (4.8% in real terms) over the next 15 years.* • Wrap platforms, including separately managed accounts (SMA) and model portfolio products will be the fastest growing segment of the
Slide 12: Our Advantage
Our Advantage Market leading managed portfolio capability • Enables dealer groups to offer advisers and their clients fully implemented SMA’s and model portfolios made up of a range of asset types and classes. • Dealers can earn ongoing portfolio management fees and provide a more efficient implemen
Slide 13: FY 14 Business Progress
FY 14 Business progress Technology • Product improvements – insurance calculator, enhanced pensions reporting, SMA reporting improvements. Customers • Interprac white labels HUB Platform. • Premium white labels HUB Platform. Personnel • Commencement of new CEO, Jason Entwistle secured as Director –
Slide 14: Outlook
Outlook 1. FUA growth trend expected to continue. • Leverage existing adviser and dealer relationships. • Ongoing business development including white labels for dealer groups, stockbrokers and accountants. • Promote our unique managed portfolio capability as a FOFA compliant solution for advisers.