Market Closed -
Australian S.E.
02:10:35 2024-05-17 am EDT
5-day change
1st Jan Change
41.71
AUD
-1.07%
+1.43%
+15.89%
HUB24 : 1HFY22 Investor Presentation
February 21, 2022 at 04:11 pm EST
1HFY22 only Results Presentation
use 22 February 2022 nal
1HFY22 Delivered strong financial results growth1
$81.6m
$77.3m
72%
Total Group Revenue³
76 % Platform Revenue
$29.7m
$30.0m
80%
Group Underlying
72 % Platform Underlying
EBITDA³
EBITDA
Total FUA
Platform FUA
PARS FUA
$68.3bn
$50.0bn⁴
$18.3bn
Statutory NPAT
$8.4m Up 38%
Including $8.3m of transaction & implementation costs
Underlying NPAT2
$14.2m Up 103%
Half Year Dividend
7.5cps Up 67%
Fully franked
EPS (diluted)
11.86cps Up 27%
1.
Comparisons are from 1H21, unless stated otherwise
3.
From continuing operations
4. FUA as at 17th February 2022 remains stable at $49.9 billion with net inflows for 2HFY22 to date offsetting negative market
2
2.
A non-IFRS measure which is used to assess the operating performance of the business. Underlying NPAT represents Net
movements (unaudited)
Profit After Tax excluding abnormal items. See the HUB24 Analyst & Investor Pack for a reconciliation
Consistently delivering record growth¹
$80b
only$70b
$60b $50b $40b
$30b
$20b usenal
$10b $0b
FUNDS UNDER ADMINISTRATION
1H19
2H19
1H20
2H20
1H21
2H21
1H22
Platform FUA
PARS FUA
Three consecutive quarter of record netflows
Group Operating revenue and Group Underlying EBITDA for continuing operations 4-year trend.
REVENUE CAGR +41%2
UEBITDA CAGR +63%2
$90m
$80m
$70m
$60m
$50m
$40m
$30m
$20m
$10m
$0m
1HFY20
1HFY21
1HFY22
1HFY19
Revenue
UEBITDA
3
HUB24 Group
only
PLATFORM
PARS
Custodial administration
Non-custodial administration
Platform FUA
PARS FUA
$50.0bn
$18.3bn
use
3,402 Advisers
PARS accounts
using the platform
8,020
Managed Portfolio
& MDA FUA
$22bn
Total FUA $68.3bn
nal
Data as at 31 December 2021 unless otherwise stated
^ Class customer proforma using FY21 customers plus TopDocs customer base
^^ Duplication between HUBconnect data integrations and Class partner integrations
92
Financial Services Clients
96
Data Integrations^^
HUBconnect Broker
Customer management & operational support for stockbrokers
HUBconnect Licensee
Database insights to support advice licensees with business management & compliance obligations
7,700+
Unique Customers^
220+
Data Integrations^^
Class Super
SMSF administration
Class Trust
Trust administration
Class Portfolio
Investment Reporting &
Administration
NowInfinity
Corporate compliance & documentation
4
HUB24 - Australia's fastest growing platform provider¹
Netflow share to underlying market share ratio¹
Growth in Platform FUA, PARs FUA & net
only
flows per quarter²
20,000
Netflows ($m)
FUA $m
15.00
70,000
4,000
60,000
3,500
10.00
50,000
3,000
2,500
40,000
5.00
2,000
30,000
1,500
use
-
1,000
HUB24
2
3
4
5
6
7
8
9
10
10,000
500
(5.00)
0
0
Jun'19 Sep'19 Dec'19 Mar'20 Jun'20 Sep'20 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21
(10.00)
PARS FUA
Platform FUA
Platform FUA Netflows
HUB24 market share has grown from 2.3% to 4.6%³
Ranked 2nd for annual net inflows³
nal
7th largest platform provider from 9th place by market share ³
Platform FUA 5-year CAGR 65%
1.
Custodial platform data sourced from Strategic Insights comparison to key competitors. Analysis of Wrap, Platform and Master Trust Managed Funds at September 2021 based on share of FUA vs netflows
5
2. June Quarter 2021 includes bulk transition of $1.4bn
3.
Strategic Insights. Analysis of Wrap, Platform and Master Trust Managed Funds at September 2021.
This is an excerpt of the original content. To continue reading it, access the original document here .
Attachments
Original Link
Original Document
Permalink
Disclaimer
HUB24 Limited published this content on 21 February 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 21 February 2022 21:10:06 UTC .
Hub24 Posts 10% Increase in March-Quarter FUM to AU$79.7 Billion Compared to Previous Quarter
Apr. 15
MT
Wilsons Upgrades Hub24 to Overweight From Market-Weight; Price Target is AU$45.32
Apr. 08
MT
Count Limited completed the acquisition of Diverger Limited from HUB24 Limited, DMX Asset Management Limited and others.
Feb. 29
CI
Jarden Research Adjusts Hub24’s Price Target to AU$38.50 From AU$37.10, Keeps at Neutral
Feb. 20
MT
Hub24 Shares Up 5% as H1 FY24 Revenue Rises 14% Rises, Profit Increases; Boosts Interim Dividend
Feb. 19
MT
Transcript : HUB24 Limited, H1 2024 Earnings Call, Feb 20, 2024
Feb. 19
Hub24 Reports 14% Rise in H1 FY24 Revenue, Profit Increases
Feb. 19
MT
Hub24 Posts H1 FY24 Revenue Up 14% to AU$156.7 Million; Underlying EPS of AU$0.362
Feb. 19
MT
HUB24 Limited Reports Earnings Results for the Half Year Ended December 31, 2023
Feb. 19
CI
Tranche Update on HUB24 Limited's Equity Buyback Plan announced on August 22, 2023.
Feb. 18
CI
News Highlights : Top Financial Services News of the Day - Wednesday at 4 PM ET
Jan. 17
DJ
News Highlights : Top Financial Services News of the Day - Wednesday at 11 AM ET
Jan. 17
DJ
News Highlights : Top Financial Services News of the Day - Wednesday at 7 AM ET
Jan. 17
DJ
HUB24 Achieves Record Platform Net Inflows in Fiscal Q2
Jan. 16
MT
Transcript : HUB24 Limited - Analyst/Investor Day
Nov. 20
HUB24 Chair to Retire
23-10-23
MT
HUB24 Announces Board Changes
23-10-23
CI
Count Limited entered into a binding scheme implementation deed to acquire Diverger Limited from HUB24 Limited and others for AUD 45.3 million.
23-09-21
CI
HUB24 Grows Fiscal 2023 Profit, Raises Final Dividend; Shares Jump 13%
23-08-22
MT
Transcript : HUB24 Limited, 2023 Earnings Call, Aug 22, 2023
23-08-21
HUB24 Limited authorizes a Buyback Plan.
23-08-21
CI
HUB24 Limited announces an Equity Buyback for 8,005,817 shares, representing 9.82% for AUD 50 million.
23-08-21
CI
Hub24 Limited Declares Final Dividend, Payable on 13 October 2023
23-08-21
CI
HUB24 Limited Reports Earnings Results for the Full Year Ended June 30, 2023
23-08-21
CI
HUB24's Funds Under Administration Jumps 22.5% in Q4
23-07-19
MT
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
HUB24 Limited is an Australia-based provider of integrated platform, technology, and data solutions. The Company operates HUB24 Platform, HUBconnect, the Xplore Wealth platform, Class and myprosperity. The HUB24 Platform offers advisers and their clients a comprehensive range of investment options, including managed portfolio solutions, and enhanced transaction and reporting functionality. HUBconnect focuses on leveraging data and technology to provide solutions to common challenges for stockbrokers, licensees and advisers. Class is a cloud-based wealth accounting software that delivers self-managed superannuation fund (SMSF) administration, trust accounting, portfolio management, legal documentation and corporate compliance solutions to financial professionals. myprosperity is a provider of client portals for accountants and financial advisers, enabling streamlined service delivery, increased productivity and enhanced customer experience for finance professionals and their clients.
More about the company
Last Close Price
42.16
AUD
Average target price
39.43
AUD
Spread / Average Target
-6.47%
Consensus
+951% of historical performance
More than 20 years at your side
Our Experts are here for you
OUR EXPERTS ARE HERE FOR YOU
Monday - Friday 9am-12pm / 2pm-6pm GMT + 1