N1 Holdings Ltd. · ASX:N1H
N1 — Investor Presentation (September 2024)
16 slides from N1's investor presentation, Sep 20, 2024
Slide 1: N1 Holdings Ltd FY24 Investors Presentation
For personal use only N1 Holdings Ltd (ASX:N1H) FY24 Investors Presentation September 2024
Slide 2: Disclaimer
This presentation has been prepared by N1 Holdings Limited ACN 609 268 279 (N1H). Each recipient of this presentation is deemed to have agreed to accept the qualifications, limitations and disclaimers set out below. For personal use only None of N1H and/or its related bodies corporate (as that term
Slide 3: Executive Summary
For personal use only Significant growth in revenue, profit, Executive EBITDA, EPS and Net Tangible Assets. Ripe Summary with opportunities in the booming private credit industry.
Slide 4: N1H Growth Highlights
For personal use only Revenue increased by 31.8% to $18.45 million (FY23: $13.99m). Net profit for the year attributable to shareholders increased by 218.3% to $1,085,355 N1H Growth (FY23: $340,945). Highlights Normalised EBITDA increased by 15.08% to $1.18 million (FY23: $1,025,860). Cash balance a
Slide 5: N1H Operations Highlights
Business model streamlined with private credit For personal use only accounting for approx. 95% of revenue Disposal of non-core business operations N1H Cost of fund streamline via paying off higher cost debt Operations OPEX remains stable, increased “Sales and marketing”, constant “Employee cost” vs
Slide 6: What is N1H business model?
For personal use only N1 Holdings is positioned in the market as a private credit provider, specialising in property financing, targeting the Australian SMEs sector, the largest employer group of Australia. N1H is funded by a set of resilient funding What is N1H sources including balance sheet capit
Slide 7: N1 Holdings Ltd Board
N1 Holdings Ltd Board For personal use only Ren Hor Wong Jia Penny He Anand Sundaraj Executive Chairman and CEO Executive Director & CFO, Company Secretary AFSL Responsible Manager Mr Wong is the founder, Mr Sundaraj is a principal of Executive Chairman and Chief Ms He is a Certified Practising Sund
Slide 8: N1H unique strength: Competitive Advantages
N1H unique strength For personal use only Work with over Access to 5,000 mortgage strong deal brokers on flow via third aggregators’ party channels panels Economies of Proven scale in capital to infrastructure to increase market raise and deploy share Competitive capital Advantages Deep local Reinve
Slide 9: Investment Strategy
For personal use only Gain exposure to a diversified portfolio of private credit, with registered mortgage loans of residential, commercial, and industrial properties, across all Investment states of Australia. We actively manage portfolio risk through direct origination of short-term loans Strategy
Slide 10: Key Business
Key Business For personal use only Business unit Description Revenue % short term private credit solutions to empower the growth of Australia’s largest group of employers, allowing asset strong Private Credit 94% SME owners to tap into their property equity for business purpose complimentary busines
Slide 11: Strong Credit & Underwriting
Well documented credit policy For personal use only Well documented post-settlement policy Strong Credit Well documented default management policy Structured and rigid credit risk management & Focus on strength of security Underwriting Focus on strength of exit strategy Focus on Asset & Liability Re
Slide 12: N1H Origination Channels
For personal use only SME/Self-employed focused Aggregators panel lender ~5,000 brokers N1H Access to~19,000 mortgage brokers in Australia through industry associations and events Origination Accountants, Advisors, Real Estate Agents Channels referrers Repeat borrowers and growing over time
Slide 13: Distribution strategy - activities
Distribution strategy - activities For personal use only
Slide 14: Case Studies: Quality asset
Case Studies: Quality asset For personal use only Loan Amount：$7,350,400 Ranking: 1st Mortgage LVR: 70% Security: Sydney eastern suburb house Loan Term: 12 months (current) Personal Guarantee from business owner Comment: Very liquid asset, desirable location with reasonable LVR.
Slide 15: Case Studies: Quality asset
Case Studies: Quality asset For personal use only Loan Amount：$7,675,000 Ranking: 1st Mortgage LVR: 68.22% Security: Sydney lower north shore house and CBD luxury apartment Loan Term: 12 months (current) Personal Guarantee from business owner Comment: Very liquid asset, desirable locations with reas
Slide 16: Thank You
THANK YOU For personal use only Ren Hor Wong (CEO & Executive Chair) [email protected] Level 5, 77 King Street Sydney NSW 2000