Sequoia Financial Group Ltd. · ASX:SEQ
Sequoia Financial — Investor Presentation (September 2024)
8 slides from Sequoia Financial's investor presentation, Sep 25, 2024
Slide 1: Investor Presentation
For personal use only Investor Presentation Presenters MIKE RYAN GARRY CROLE Chairman MD / CEO September 2024 Sequoia Financial Group | 1
Slide 2: FY24 financial highlights
FY24 financial highlights For personal use only Operating Revenue NPAT2 profit1 $124.6m $8.7m $24.0m Operating DPS Net cash cashflow3 $4.8m 7.0 CPS ff $16.8m 1. Operating profit (normalised EBITDA) excludes non-operating items 2. Includes gains on sale of Morrison Securities Sequoia Financial Group
Slide 3: Sequoia has two major business divisions
Sequoia has two major business divisions For personal use only Licensee and Adviser Services Legal and Administration Services Client Accounting firms Client Financial Planners Products & New legal Services structures (Co Products & Licence hire and incorporation, Services support services SMSF, Tru
Slide 4: Growth through consolidation, scale and offering
Legal and Administration Services Growth through consolidation , For personal use only scale and offering $m Revenue EBITDA • Margin improvement of 55% 10 9.3 driven by technology, scale 9 and successful integration. 7.7 8 • SEQ has ~10% market share in a 7 highly fragmented industry, providing cons
Slide 5: Licensee and Adviser Services
Licensee and Adviser Services Growth in Advisors, Revenue and Operating Margin For personal use only $m Revenue EBITDA 120 • One of only 3 larger licensee 113 firms that increased advisor numbers despite overall 100 89.3 financial planner numbers falling. 80 • Opportunity to grow SEQ’s higher margin
Slide 6: Looking Forward
For personal use only Looking Forward Sequoia Financial Group | 6
Slide 7: The Focus
The Focus For personal use only • Continue to invest in our Legal and Administration Services Division to increase revenue and profitability. • Expand the salaried advice business within our Licensee Services Division to improve overall margin. • Continually review all Group businesses to ensure we
Slide 8: Thank you.
For personal use only Thank you. www.sequoia.com.au
Sequoia Financial Group — Investor Presentation (September 2024) on 6ix