Praemium Ltd · ASX:PPS
Praemium — Investor Presentation (February 2011)
12 slides from Praemium's investor presentation, Feb 24, 2011
Slide 1: Presentation
For personal use only 24 Feburary 2011 Presentation Please find attached a copy of the presentation that the Praemium CEO, Arthur Naoumidis, will be giving to an insitutional investor presentation at the Yale Club, New York this evening AEST. About Praemium: Præmium Ltd (ASX:PPS) is one of Australia
Slide 2: Arthur Naoumidis, Group Chief Executive Officer
For personal use only Arthur Naoumidis Group Chief Executive Officer
Slide 3: Our Role and Strategy
Praemium – For personal use only Our Role and Strategy We provide market-leading online investment portfolio administration services to: Accountants Financial advisers Stockbrokers Pension administrators (aka Self Managed Superannuation Fund (SMSF) which are like US 401K) Fund managers and other lar
Slide 4: Praemium - Background
For personal use only Praemium - Background Founded in 2001 by Arthur Naoumidis Listed on Australian Stock Exchange (ASX) since May 2006 with a market cap of AUD$64 Million as at 2/22/2011 Currently administers AUD$44.4* billion: With several hundred thousand Australian investors receiving annual ta
Slide 5: Key Statistics
Key Statistics For personal use only As at As at % Revenue 12/31/10 12/31/09 change Model Australia V-Wrap - Funds under AUD$44.4 b AUD$38.9 b + 14% Generally Flat $ Administration (FUA) Average $226 per portfolio Committed Portfolios 43,969 42,596 + 3% SMA - Funds under AUD$558 m AUD$460 m + 21% Ap
Slide 6: Outlook – Australia
For personal use only Outlook – Australia Targeting 2% of Australian Wrap market in 2-3 years Targeting AUD$8+ billion in FUM in 2-3 years Proposed banning of commissions in 2012 stands to accelerate growth for: V-Wrap Praemium SMARTwrap Praemium SMARTwrap Only independent Wrap platform in Australia
Slide 7: Background – Praemium UK
For personal use only Background – Praemium UK Projected UK addressable market size is £500 billion by 2015 Established London office in June 2006 Praemium UK is operational and receiving funds and is regulated by the UK Financial Services Authority Key products are 2 SMA variants: SMARTfunds – unit
Slide 8: Outlook – UK
For personal use only Outlook – UK Strong growth in the UK platform market: Current size is approximately £134 billion* Forecast to grow to £500 billion by 2015 Offshore SMA Platform being launched in Channel Islands Onshore/Offshore US Investor SMA Platform being launched Shariah SMA just launched
Slide 9: Group Financial Summary
Group Financial Summary For personal use only Revenue Costs including EBITDA R&D expense $AUD (‘000) $AUD (‘000) $AUD (‘000) 1HFY10 1HFY11 1HFY10 1HFY11 1HFY10 1HFY11 Praemium Australia V-Wrap 4,909 4,921 2,691 2,685 2,218 2,236 SMA 190 266 657 534 (467) (268) SMARTwrap - 1,167 - 131 - 1,036 Total 5
Slide 10: Key Financial Achievements
Key Financial Achievements For personal use only EBITDA EBITDA Variance & 1HFY10 1HFY11 Commentary $AUD (‘000) $AUD (‘000) 43% improvement SMA (467) (268) SMARTwrap - 1,036 New Contracted fee Total Praemium 1,751 3,004 72% improvement Australia 26% improvement UK (2,015) (1,493) Take-up from UK clie
Slide 11: Summary Outlook - Australia & United Kingdom
Summary Outlook - For personal use only Australia & United Kingdom Continue with achieving strong growth in revenues from: Further enhancing our service offerings in Australia and the United Kingdom Penetrating the wider financial planning community using our SMARTwrap offering Increasing distributi
Slide 12: Important Notices
Important Notices For personal use only The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions investors should rely on their own examination of Praemium Limited and consult with their own legal, tax