Results Presentation
Half year ended 31 March 2021
Presentation team
Alex Scott | Jonathan Gunby |
Chief Executive Officer | Executive Director - IFAL CEO |
• Joined IntegraFin in 2009 | • Joined IntegraFin in 2011 |
• 1997 - Twelve years in | • 1999 - Twelve years as Director |
insurance licence provision | of NMG Holdings |
• 25 years of insurance | • 30 years of financial services |
experience in the UK and | experience in the UK and |
internationally | internationally |
Results Presentation | 2 |
Key messages
Total revenue £59.4m, + 10% compared to H1 20
Profit before tax £31.2m for the period, + 12% compared to H1 20
Operating margin increased to 53% from operating margin of 52% in H1 20 Operating profit £31.2m, + 12% compared to operating profit in H1 20 Cash flow and group balance sheet remain strong, with no debt
Interim dividend of 3.0p declared (H1 20: 2.7p)
FUD is up 34% since H1 20
Gross inflows of £3.73bn highest ever in the first half of the year (H1 20: £3.23bn)
Net inflows of £2.31bn in the first half of the year (H1 20: £2.06bn)
Client numbers at 201k, up 7% from H1 20
Acquisition of Time for Advice Limited (T4A) on 11 January 2021
Results Presentation | 3 |
Transact growth
Impressive FUD growth
Growth in Funds Under Direction (£bn) compared to the MSCI World Index
300.00 | 50 | • Transact has enjoyed FUD | |||||||||||||
2020 | £46.9bn | growth every year since | |||||||||||||
COVID-19 Pandemic | 45 | ||||||||||||||
2000. | |||||||||||||||
250.00 | £41.1bn | ||||||||||||||
2018 | 40 | ||||||||||||||
IHP lists | £37. | ||||||||||||||
• | FUD growth maintained | ||||||||||||||
on the | |||||||||||||||
London | £33.1bn | 35 | through periods of high | ||||||||||||
200.00 | Stock | ||||||||||||||
Exchange | 30 | stock market volatility. | |||||||||||||
£27.9bn | |||||||||||||||
150.00 | £22.7bn | 25 | 7% | By asset class | |||||||||||
20 | 2% | Equity | |||||||||||||
£18.0bn | 8% | ||||||||||||||
100.00 | £16.0bn | Bonds | |||||||||||||
£13.6bn | 15 | ||||||||||||||
Cash | |||||||||||||||
£9.8bn | £11.5bn | ||||||||||||||
£8.8bn | 10 | Property | |||||||||||||
50.00 | |||||||||||||||
Other | |||||||||||||||
5 | 24% | 59% | |||||||||||||
0.00 | 0 | ||||||||||||||
FY10 | FY11 | FY12 | FY13 | FY14 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | 1H | ||||
21 | |||||||||||||||
FUD | WORLD Standard (Large+Mid Cap) | ||||||||||||||
Results Presentation | 5 |
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