1HFY22 onlyResults Presentation
use22 February 2022 nal
1HFY22 Delivered strong financial results growth1
use only
$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
$8.4mUp 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%
nal
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. |
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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.