MA Financial Group Limited (MAF) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the MA Financial Group first half 23 financial result. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press the star one again. For operator assistance throughout the call, please press star zero. And finally, I would like to advise all participants that this call is being recorded. Thank you. I'd now like to begin the conference. Good morning and welcome to the first half FY23 financial result call for MA Financial Group. My name is Julian Biggins and I'm joint CEO along with Chris Wyke, who will present the result with me today. We are also joined by Giles Boddy, Chief Financial Officer, and Michael Leonard, Head of Investor Relations. I'd like to begin by respectfully acknowledging the traditional owners of the lands across Australia and pay our respects to their elders past, present and emerging. I also offer a welcome to any first Australians that are present on the call today. Pleasingly, the execution of our consistent strategy is delivering with a strong operating result announced today and a very positive medium-term outlook with significant embedded revenue growth building long-term value for our fellow shareholders. I'll start on slide seven, which talks to some of the key themes for the half. Record first half fund inflows was a standout for the group, with gross flows up 66% compared to the first half, 22. Post record date, we've processed a further 308 million of applications, taking year-to-date gross inflows to 1.26 billion. This is 36% higher than at...