FORESIGHT GROUP HOLDINGS LIMITED (FSG) — Foresight Group: H1 FY24 Results

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the FORESIGHT GROUP HOLDINGS LIMITED half year results investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged. They can be submitted at any time via the Q and A tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today, we'll publish those responses where it's appropriate to do so on the Investor Meet company platform. Before we begin, I would just like to submit the following poll. And if you could give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to CFO, Gary Fraser. Gary, good morning, sir. Morning. Thank you for that, and thanks to everyone for attending this morning. My name is Gary Fraser as as it's just been announced, and, I'm the CFO of FORESIGHT GROUP. I'll be taking you through the results presentation today for the half year ended 09/30/2023. I'd encourage any questions either written or or verbal once we get to that point in in proceedings. But, that being said, we'll we'll kick off. So the the highlights for the the last six months. So performance in current markets has demonstrated FORESIGHT's success in its diversified model. So we had strong core EBITDA growth generating 27,600,000, plus 28% year on year. AUM was resilient and marginally up at 12,200,000,000, just 1% up. We've benefited from high quality revenue, so 80 per 7% of our revenues were recurring annual revenues, so within our target of 85 to 90%. And in terms of AUM, over 90% is lon...