ASX Release
2 August 2021
WEBINAR PRESENTATION
The Agency Group Australia (ASX:AU1) ("The Agency" or "the Company") is pleased to provide the investor webinar presentation relating to its recent June quarterly financial results ahead of the webinar today.
Details of the webinar are:
Date: | Monday, 2 August 2021 |
Time: | Time: 12pm (AEST)/ 10am AWST |
Duration: | ~45m |
To access further details of the event and to register at no cost, please follow the below link:
https://us02web.zoom.us/webinar/register/WN_WZ_RLh9RSPmgoMbQiNThUQ
ENDS
Announcement authorised for release by Paul Niardone, Managing Director, The Agency Group Australia Limited.
If you require further information, please contact: | |
Investors | Media |
The Agency Australia Ltd | Chapter One Advisors |
Paul Niardone | David Tasker / Colin Jacoby |
T: +61 08 9204 7955 | T: +61 433 112 936 / +61 439 980 35 |
I N V E S T O R P R E S E N TAT I O N
A u g u s t 2 0 2 1
A S X : A U 1
Direct exposure to national property market with a re-set Balance Sheet and a Team to deliver growth
DISCLAIMER
NOT AN OFFER
This presentation is for information purposes only. This presentation does not comprise a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission) or any other law.
SUMMARY INFORMATION
This presentation does not purport to be all inclusive or to contain all information about the Company or any of the assets, current or future, of the Company. This presentation contains summary information about the Company and its activities which is current as at the date of this presentation. The information in this presentation is of a general nature and does not purport to contain all the information which a prospective investor may require in evaluating a possible investment in the Company.
The Company does not undertake to provide any additional or updated information whether as a result of new information, future events or results or otherwise.
FORWARD LOOKING STATEMENTS
Certain statements contained in this presentation, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements:
- are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies;
- involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements; and
- may include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions.
The Company disclaims any intent or obligation to publicly update any forward looking statements, whether as a result of new information, future events or results or otherwise.
The words "believe", "expect", "anticipate", "indicate", "contemplate", "target", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule" and similar expressions identify forward looking statements.
All forward looking statements contained in this Presentation are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein.
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EXECUTIVE SUMMARY
A scalable, vertically-integrated real estate services company
Providing investors direct exposure to the growing $8.6T residential Australian property market1
Real estate services | Unique business | Achieved scale | Stabilised balance |
model | sheet | ||
- One of Australia's largest vertically-integrated real estate services companies
- Continued agent recruitment growth in existing / new market sectors across two brands: The Agency + SLP
- Our agents are our clients and are at the core of our business model
- Attracts high performing real estate agents by offering higher commissions and support than traditional franchises & independent models
- Substantial growth since 2017
- achieved a profitable scale:
- Maiden full-year EBITDA of $0.7M in FY2020 (pre AASB16)
- Current Full year EBITDA (pre AASB16) expected to exceed $4m (unaudited)
- Long-term~$8M funding package strengthens financial position & balance sheet
- Assets (rent roll, mortgage book etc) valued at more than $25M
External validation | Vertical integration | Macroeconomic | Scalable footprint |
tailwinds | |||
Group CEO Geoff Lucas joins | Multiple cross-selling | Continued strong outlook | We are now focused on |
mgmt. team - one of the most | opportunities with a suite of | with low interest rates & low | using our scalable platform |
highly regarded executive | real estate services including | unemployment | to recruit high performing |
teams in the Australian | property sales, property | agents with limited capital | |
property industry | management, mortgage | outlays or increases in | |
Supportive shareholder Peters | financing and conveyancing | corporate overheads. | |
Investments converts $3M in | (settlement) | Dual brands | |
Convertible Notes to emerge | |||
a 30.2% shareholder | |||
1. CoreLogic Market Report | 3 |
GROWTH STORY
Built for scale with ability to materially grow agent numbers with limited capex or increase in corporate overheads
New business model
We are disrupting the real-estate
sector by reducing structural layers and rewarding staff through a more compelling value proposition.
Achieve a profitable scale
The Agency has now achieved a profitable scale of operation, established a stable balance sheet and attracted supportive investors.
Bottom-line growth
We are now focused on using our scalable platform to recruit high performing agents with limited capital outlays or increases in corporate overheads. Dual brand strategy launching in 2022.
2016 | 2017 | 2018 | 2019 | 2020 | 2021+ |
Launched the Agency | Acquired Sell Lease | Major expansion with | Achieved maiden | Achieved growth in | |
Listed on the ASX | on the east coast of | the acquisition of Top | |||
Property | EBITDA of $0.7m | EBITDA of at least $4m | |||
Australia | Level Real Estate | ||||
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The Agency Group Australia Ltd. published this content on 02 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2021 02:01:10 UTC.