Praemium Ltd · ASX:PPS

Praemium — Morgan Stanley Micro-cap Conference 2015

15 slides from Praemium's conference presentation, Oct 14, 2015

  1. Slide 1: Morgan Stanley Micro-cap conference

    For personal use only Morgan Stanley Micro-cap conference 14 October 2015

  2. Slide 2: Disclaimer

    Disclaimer For personal use only The material contained in this document is a presentation of general information about the Praemium Group’s activities current as at the date of this presentation (14 October 2015). It is provided in summary and does not purport to be complete. You should not rely up

  3. Slide 3: A global fintech company

    A global fintech company For personal use only Financial Portfolio Separately Planning Admin Managed (WealthCraft) (V-Wrap) Account (SMA) Servicing Financial Advice intermediaries  Head office in Melbourne Over 800  7 locations across Europe, Asia & Middle East global clients Company stats:  ASX:

  4. Slide 4: Compelling business model

    Compelling business model For personal use only Proprietary technology  Unique technology in account reconstruction Award winning and dynamic SMA rebalancing  Excellence in corporate actions processing  Web based from the outset Scalable business SMA Platform Winner at the  Recurring revenue ina

  5. Slide 5: Revenue growth of 28%

    Revenue growth of 28% For personal use only Product Revenue 25.0 ($ million) Compared with FY2014 Revenue up 28% to $24.4 million 20.0 SMA revenue up 35% to $8.5 million 15.0 Planning software $1.6 million, including 4-month contribution from Plum Software 10.0 Portfolio Services of $12.1 million, u

  6. Slide 6: Strong growth in SMA

    Strong growth in SMA For personal use only Fund Inflows - Gross Platform FUA ($000's) Growing fund inflows ($m) 1,800 leading to accelerating 4,000 Funds on Platform Aust 1,600 Aust Int Int 1,400 3,000 1,200 1,000 2,000 800 600 Several new significant clients still in early 1,000 400 adoption phase

  7. Slide 7: Why SMA?

    Why SMA? For personal use only Platform progression SMA’s expansion Considerable increase in demand for managed account solutions Large institutional wrap platforms announcing plans to enter the SMA space Emergence of robo-advice well suited to SMA Managed Individual Accounts Praemium well placed in

  8. Slide 8: Maiden profit in FY15

    Maiden profit in FY15 For personal use only Praemium ($m) FY12 FY13 FY14 FY15 Revenue 13.0 14.9 19.0 24.4 Highlights Operations (3.7) (3.8) (4.8) (6.1) Gross margin 9.3 11.1 14.2 18.3  Revenue +28% GM % 72% 74% 75% 75%  Expenses +15% Information Technology (3.2) (3.6) (4.4) (5.1)  Increased R&D S

  9. Slide 9: Segment results

    Segment results FY2015 ($m) For personal use only Group AUS UK ASIA Corp Total Year on year Revenue 18.3 5.3 0.8 - 24.4  Aus EBITDA ↑ 52% Expenses (9.4) (10.0) (2.1) (0.7) (22.2)  UK EBITDA ↑ 3% (GBP ↑ 8%) EBITDA 8.9 (4.7) (1.3) (0.7) 2.2 EBITDA % 49% 9% 10.0 Segment EBITDA FY13 FY14 FY15 7.5 ($m)

  10. Slide 10: A global growth story

    A global growth story For personal use only Aus EBITDA margin of 49% Breakout year for UK business Aus EBITDA Underlying UK Revenue 10.0 50% ($m) ($000's) % 6,000 Plum 8.0 40% Software 5,000 6.0 30% 4,000 3,000 4.0 20% 2,000 2.0 10% 1,000 - 0% 0 FY11 FY12 FY13 FY14 FY15 F12 F13 F14 F15 Australia UK

  11. Slide 11: Looking forward

    Looking forward For personal use only An excellent start to the new financial year – our second best quarter in terms of inflows. Release of new functionality to automate the monitoring and accounting of SMSFs will help drive sales of V-Wrap. Distribution of an innovative new fund for the offshore r

  12. Slide 12: FUA now over $4 billion

    FUA now over $4 billion For personal use only 4,500 Gross Platform Inflows Aust Platform FUA 500 Aust ($m) Int ($m) Int 400 3,000 300 200 1,500 100 - - 12, 12, 12, 12, 13, 13, 13, 13, 14, 14, 14, 14, 15, 15, 15, 12, 12, 12, 12, 13, 13, 13, 13, 14, 14, 14, 14, 15, 15, 15, Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q

  13. Slide 13: New fund with Morgan Stanley

    New fund with Morgan Stanley For personal use only Smartfund 80% Protected Growth Bull Bear Recovery Market Market Equities 92% Performance cap 6%/mo Protection level 80% 80% Protected Fund Balanced Equities 55% Performance cap 4%/mo Protection level 80% Day 1 Protection level Unprotected Fund  Mul

  14. Slide 14: In summary

    In summary For personal use only Strong SMA inflows expected to accelerate given the company’s solid pipeline of new business, from recent client wins and new sales opportunities. Model portfolios and managed funds offered by Smartim will continue to build off an excellent first full year of operati

  15. Slide 15: Thank you

    For personal use only Thank you 15

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