IntegraFin Holdings plc (IHP) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Integra Finholdings' four-year results presentation for the 12 months ended 30th September 2023. I'm Alex Scott, Group Chief Executive, and I'll kick off proceedings today with an overview of the Group's performance in the past year. I'll then hand over to Jonathan Gumby, Chief Executive of Transact, our investment platform, to provide you with an update on the performance of the platform and the market over the year. I'm pleased to confirm that Ewan Marshall, our new chief financial officer, will be starting with us on the 3rd of January. So for now, I'll also cover the financial update and guidance for financial year 24 before we open up to Q&A at the end of the session. We finished the year with record high funds under direction on Transact. Performance over the period being resilient in the context of difficult market and economic conditions, delivering continued organic growth in revenue, funds under direction, and both advisor and client numbers. Our market opportunities remain strong. we continue to gain a greater share of the growing UK advisor platform market, demonstrating the continuing strength of the Transat platform. We now have a 10% share of funds under direction in the advisor platform market. This is testament to the quality of our offering, which continues to be recognised, with Transat winning Platform of the Year at the recent Schroders UK Platform Awards. The Transat platform is strongly aligned to the new consumer duty regulations. Our high-quality service proposition provides value for money on fees, and we pass all client interest earned on clients' cash back to clients. Though the macroeconomic outlook remains uncertain, our business model continues to attract inflows and grow client and advisor numbers, while our...