Results Presentation
Full year ended 30 September 2022
Summary
Resilient Performance
Resilient and strongly positive net flows, and growth in revenue and underlying earnings, in a year of volatile markets
Compelling Market Opportunity
Strong market dynamics with platform sector assets expected to grow by 11% p.a. over the next five years(1)
Investing in the
Business
Continued delivery of planned IT and operational enhancements, with cost guidance remaining unchanged
Time4Advice
Next Generation CURO
Next generation CURO software live in beta mode, with roll out to adviser firms commencing in H2 FY23
Award Winning
Platform
No 1 UK advised platform with
Investment Trends and CoreData for the past 10 years. Continued growth of Transact's market share
Outlook
Resilient business model, and net flows.
Pre-planned investment in IT, with enhanced digital-first proposition for advisers
Source: (1) Fundscape Q322 November; Realistic Scenario | 2 |
IHP Group - we have a clear strategy and a simple business model
Our aim is to be the number 1 provider of software and services for clients and UK financial advisers
Our strategy is focused:
- We make financial planning easier for clients and their UK financial advisers
- We do this by harnessing technology, allied with high quality human service
- We prefer to insource, and so we own and develop our own software:
- the Transact retail investment platform
- the Time4Advice (T4A) adviser practice management solution (CURO)
Our model is simple:
IHP | ||||||
business | ||||||
Strong cash | ||||||
model | Invest in the | |||||
generation and | ||||||
Drive growth | business and grow | |||||
balance | ||||||
earnings | ||||||
sheet | ||||||
Increase number of | Leading in-house | High quality recurring | ||||
clients and advisers; and | technology platform; | cash generation | ||||
FUD on Transact | controlled costs | |||||
Deliver on
dividend policy
Annual dividend of 60%
to 65% of PAT
3
IHP Group - our business model delivers growth
Leveraging our leading customer service, technology, and scalable operations to drive business growth
Strong
FY22
results
Invest in the
Drive growth | business and grow |
earnings
• | Advisers +5% to | • | Underlying PBT |
7.5k; clients +8% | +1% to £65.8m - | ||
to 225k | margin of 49% | ||
• | Net inflows of | • | Underlying EPS |
£4.4bn | +2% to 16.3p | ||
• | Group revenue | • | Proprietary |
+8% to £133.6m | technology | ||
investment | |||
Maintain cash | |
generation and a | Deliver on |
strong balance | dividend policy |
sheet |
• | Strong cash flows | • | Dividend +2% to |
• | Cost control | 10.2p | |
63% of underlying | |||
• | Resilient balance | • | |
PAT | |||
sheet | |||
4
Our award winning service proposition
The Transact platform:
- Received top rating in the UK Investment Trends Adviser Technology & Business Report 2022
- Received the top Net Promotor Score (NPS) out of 18 platforms in the UK Investment Trends Survey 2022
- Won Professional Adviser Best Platform for Advisers (AUM above £25bn) 2022
- Received a Platinum Platform rating by Adviser Asset
Time4Advice:
- Won the Professional Adviser Best Technology Provider 2022
5
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IntegraFin Holdings plc published this content on 14 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2022 07:05:09 UTC.