IntegraFin Holdings plc (IHP) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Integrity and Holdings interim results presentation for the six months ended 31st of March 2024. I'm Alex Scott, Group Chief Executive, and this morning I'll be presenting with Ewan Marshall, our new Chief Financial Officer who joined us in early January. I'll kick off proceedings with an overview of the group's highlights over the previous six months, and I'll then hand over to Ewan to run you through the group's financial performance in the period, before I give you an update on the Transat platform, wrap up, and then open up to questions and answers, where Ewan and I will be joined by Jonathan Gumby to take any of your questions. Transat finished the half year with record high funds under direction, with performance over the period being resilient in the context of uncertain economic conditions. We delivered continued organic growth in revenue, funds under direction and both advisor and client numbers. We consider we're well positioned in the growing market. The Transat platform remains strongly aligned to the consumer duty regulations. Our high-quality service proposition provides value for money and we pass on all client interest earned on client cash. Our proven business model and focus on positive consumer outcomes continues to be recognised, with the Transat platform winning Best Platform for Advisors at the recent Professional Advisors Awards. Our combination of high-quality client service with evolving proprietary technology continues to attract inflows and grow client and advisor numbers, while our digitalisation plan is delivering further enhanced efficiencies and operational leverage for the platform. During the first half of the financial year, our business model has continued to deliver healthy growth against a challenging s...