GUARDIAN CAPITAL GROUP LIMITED Guardian Capital Group Limited
Annual Meeting of Shareholders
George Mavroudis
President and Chief Executive Officer
May 12, 2023
FORWARD-LOOKING
INFORMATION
Certain information included in this presentation constitutes forward-looking information within the meaning of applicable Canadian securities laws. All information other than statements of historical fact may be forward-looking information. Forward-looking information is often, but not always, identified by the use of forward-looking terminology such as "outlook", "objective", "may", "will", "would", "expect", "intend", "estimate", "anticipate", "believe", "should", "plan", "continue", or similar expressions suggesting future outcomes or events or the negative thereof. Forward-looking information in this presentation includes, but is not limited to, statements with respect to management's beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations. Such forward-looking information reflects management's beliefs and is based on information currently available. All forward-looking information in this presentation is qualified by the following cautionary statements.
Although Guardian believes that the expectations reflected in such forward-looking information are reasonable, such information involves known and unknown risks and uncertainties which may cause Guardian's actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking information. Important factors that could cause actual results to differ materially include but are not limited to: general economic and market conditions, including interest rates, business competition, changes in government regulations or in tax laws, the duration and severity of pandemics, such as COVID-19, the current conflict in the Ukraine, as well as those risk factors discussed or referred to in the disclosure documents filed by Guardian with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. The reader is cautioned to consider these factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information, as there can be no assurance that actual results will be consistent with such forward-looking information.
The forward-looking information included in this presentation is made as of the date of this presentation and should not be relied upon as representing Guardian's views as of any date subsequent to the date of this presentation.
2
STABILITY. TRUSTWORTHINESS. INTEGRITY.
GUARDIAN AT A GLANCE
Key Metrics | v | ||
Allocation Of Capital from 2012 to Present
TOTAL CLIENT | MARKET | |
ASSETS1 | CAPITALIZATION2 | |
$56.3 billion | $1.13 billion | |
IN ACQUISITIONS3
$168 million
IN SHARE BUYBACKS3
$185 million
SHAREHOLDERS'
EQUITY1
$1.24 billion
SECURITIES AND CASH
HOLDINGS1
$1.38 billion
IN DIVIDENDS
PAID3
$153 million
ANNUALIZED
SHAREHOLDER RETURN3
16.7%
- As at and for the period ended March 31, 2023
- As at May 8, 2023
- For the period from January 1, 2012 to May 8, 2023
TSX LISTED: GCG, GCG.A
3
2022 FINANCIAL HIGHLIGHTS
($ millions, except per share amounts) | 2022 | 2021 | % Increase / Decrease |
Net revenues | $ 201.0 | $ 194.0 | 4% |
Operating earnings | $ 44.1 | $ 54.9 | -20% |
EBITDA1 | $ 64.2 | $ 69.6 | -8% |
EBITDA from discontinued operations1 | $ 38.5 | $ 38.1 | 1% |
Client assets (AUM and AUA) | $ 53,302 | $ 60,679 | -12% |
Shareholders' equity, per share1 | $ 29.43 | $ 31.53 | -7% |
Securities, per share1 | $ 25.31 | $ 28.27 | -10% |
Securities and cash net of operating borrowings, per share2 | $ 23.74 | $ 28.04 | -15% |
1 | As defined in Guardian's MD&A | 4 |
2 | This metric is the securities and cash balances, net of operating bank loans and borrowings, but before any deferred taxes on the securities, divided by the diluted number of shares outstanding |
Q1 2023 FINANCIAL HIGHLIGHTS
($ millions, except per share amounts) | Q1 2023 | Q1 2022 | % Increase / Decrease |
Net revenues | $ 54.5 | $ 51.8 | 5% |
Operating earnings | $ 11.2 | $ 13.5 | -17% |
Net earnings from discontinued operations | $ 553.7 | $ 5.6 | 9788% |
Net earnings | $ 580.2 | $ 5.8 | 9903% |
EBITDA1 | $ 17.4 | $ 17.5 | -1% |
Client assets | $ 56,326 | $ 57,395 | -2% |
Shareholders' equity, per share1 | $ 48.73 | $ 31.27 | 56% |
Securities, per share1 | $ 51.06 | $ 27.97 | 83% |
Securities and cash net of operating borrowings, per share2 | $ 50.39 | $ 27.14 | 86% |
1 | As defined in Guardian's MD&A | 5 |
2 | This metric is the securities balance, net of operating bank loans and borrowings, but before any deferred taxes on the securities, divided by the diluted number of shares outstanding |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Guardian Capital Group Limited published this content on 11 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2023 19:16:03 UTC.
