Count Limited Investor Presentation

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Stock Count Ltd (CUP.ASX)
Release Time 26 Feb 2025, 8:31 a.m.
Price Sensitive Yes
 Count Limited Investor Presentation
Key Points
  • Strong financial performance with 54% growth in statutory revenue and 168% growth in statutory EBITA
  • Continued growth in Funds Under Advice and Funds Under Management
  • Expansion of investment solutions including CARE Portfolios, Count Portfolios and Count Managed Discretionary Accounts
Full Summary

Count Limited has reported strong financial results for the first half of FY25, with statutory revenue growing 54% to $73.9 million and statutory EBITA increasing 168% to $12.5 million. The company's underlying earnings also saw significant growth, with Underlying EBITA increasing 141% to $13.9 million and Underlying NPATA attributable to Count shareholders up 209% to $6.9 million. This performance was driven by organic growth, disciplined cost management, and the successful integration of recent acquisitions. Count's Wealth segment benefited from streamlined back-office functions and the realisation of cost synergies, while the Equity Partnerships segment continued to be a key revenue and growth contributor. The company also expanded its range of investment solutions, with strong uptake of its CARE Portfolios, Count Portfolios, and newly launched Count Managed Discretionary Accounts. Count's Services segment also delivered strong growth, with a 404% increase in underlying revenue to $15.6 million, driven by the expansion of its education, outsourcing, and IT services offerings. Looking ahead, Count remains focused on executing its strategic plan, which is underpinned by four key pillars: Advice, Education & Expertise, Investments, and Equity. The company is also focused on increasing its share of financial planning revenues within the Equity Partnerships segment, completing strategic acquisitions, and further enhancing its investment solutions and services offerings.

Guidance

Count Limited expects to achieve more than $4 million in annualised cost synergies from the Diverger acquisition for the full financial year 2025.

Outlook

Count Limited remains focused on executing its strategic plan, which is underpinned by four key pillars: Advice, Education & Expertise, Investments, and Equity. The company is also focused on increasing its share of financial planning revenues within the Equity Partnerships segment, completing strategic acquisitions, and further enhancing its investment solutions and services offerings.