Australian Wealth Advisors Group Ltd. · ASX:WAG
Australian Wealth Advisors — The Australian Wealth Advisors Group — FY2024 Earnings Presentation
15 slides from Australian Wealth Advisors's earnings presentation, Aug 27, 2024
Slide 1: FY2024 Result Presentation Strategy Update
For personal use only FY2024 Result Presentation Strategy Update August 2024
Slide 2: Disclaimer
Disclaimer This presentation is intended for general informational purposes only and should be read alongside the Full Year Financial Report for the twelve months ending 30 June 2024, as well as the Appendix 4E submitted to the Australian Securities Exchange by The Australian Wealth Advisors Group L
Slide 3: About Us
About Us For personal use only AWAG is a diversified financial services firm that has 3 prime chapters of operations: 1. Corporate, Activist Investment 2. Funds Management 3. Financial Wealth Management and Advisory AWAG’s objective is to build out 2 stable profitable operating businesses, as well a
Slide 4: Key Highlights
Key Highlights For personal use only 1 Revenue growth of 24% year on year 2 Underlying net profit before tax (*) growth of 116% year on year 3 Funds under management and administration of $2.1b 4 Successful oversubscribed IPO 5 Strong balance sheet with no debt. 6 Equity Partnership Scheme (EPS) and
Slide 5: FY24 Snapshot
FY24 Snapshot For personal use only FY2024 $10.1m FY2024 $564k 24% on FY2023 116% on FY2023 FY2024 $2.1b FY2024 $5.9m 40% on FY2023 FY2023 $1.8m * Underlying net profit before tax excludes the one-off costs related to the IPO process of WAG and assumed a full 12-month-operation of Armytage Private.
Slide 6: Financials
Financials Profit & Loss FY2023 FY2024 For personal use only Revenue $8,093,322 $10,054,918 Expenses $7,839,045 $9,584,072 EBITDA $254,277 $470,846 Statutory NPBT $260,691 -$120,647 * Normalisation items include the one-off costs related to the IPO process of WAG Normalisation items (*) _ $685,167 a
Slide 7: Board of Directors
BOARD OF DIRECTORS Lee IaFrate Chairman Mike For personal use only Fitzpatrick Non-Executive Director Mark Stephen Non-Executive Director David Slack Non-Executive Director Paul Young Non-Executive Director Page 6
Slide 8: Corporate Timeline
Corporate Timeline For personal use only 2021 AWAG Incorporated - Capital Raise $2m 2022 Acquisition of Dealer Group CHPW Financial 2023 Acquisition of Fund Manager Armytage Private 2024 Listing of AWAG (ASX:WAG) 1st Equity Partnership Scheme Investment Succession Fund Established Page 7
Slide 9: AWAG group structure
AWAG $2.1b FUMA Board across the group For personal use only Financial Funds Wealth Management Corporate Services CHPW Armytage Mergers & (AFSL) Private Acquisitions 27 advisers 8.5% of EP1 Near substantial in others Individual Succession Advisory Fund Firms. Equity Partnership Scheme (EPS) Page 8
Slide 10: Universe
Universe Corporate Services September 2019 to April 2022, there were 13 corporate transactions For personal use only via takeover or merger. Our Armytage Micro Cap Activist Fund (MCAF) participated in 11. April 2022 to February 2024, there was only 1 completed takeover: CountPlus takeover of Diverge
Slide 11: Equity Partnership Scheme (EPS)
Equity Partnership Scheme (EPS) WAG acquires a 20% strategic stake in a Financial Services business. WAG’s targets include Financial Planning, Insurance, Mortgage Brokering and Accounting. For personal use only Consideration could be all cash, all scrip or a combination of both. In return, WAG recei
Slide 12: The Succession Fund
The Succession Fund The Succession Fund was established to Investment manager Armytage Private enable the “successor” to purchase a stake in For personal use only the business. It provides the “successor” Responsible Entity ARC Funds (ASX:ARC) access to capital. Fund Administrator ARC Funds (ASX:ARC
Slide 13: The Succession Fund: Case studies
The Succession Fund Case study 1: Access to capital ABC Financial Planning is 100% owned by Mr. Planner, who is 63 years of age For personal use only and would like to retire in the next 5 years. Mr. Successor is 36 years of age. He has been working at ABC for 8 years and would like to eventually be
Slide 14: Outlook
Outlook For personal use only The Board is confident that now, as a publicly listed entity, we are well-positioned to achieve sustained growth across all relevant metrics, both financial and non-financial. This optimism is grounded in our strong foundation, strategic vision, and the momentum we have
Slide 15: Get in Touch
For personal use only www.awag.au info@awag.au 03 9674 0600 Level 5, 30 Collins Street, Get in Touch Melbourne VIC 3000
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