GQG Price sensitive 22 May 2025, 8:19 AM

2025 AGM Presentations

GQG Partners Inc

GQG Partners Inc. Announces 2025 AGM Presentations

Key points

  • Chairman's address;
  • CEO's address;
  • CFO's address;
  • Preliminary voting results;
  • Investor Presentation

Full summary

GQG Partners Inc. (ASX: GQG) has released the presentations and preliminary voting results from its 2025 Annual General Meeting of Stockholders. The key highlights include:- The Chairman's address, which emphasized GQG's focus on building an enduring institution and aligning the interests of clients and shareholders as co-investors.- The CEO's remarks, which discussed the company's strong financial performance in 2024, including 50% growth in net operating income, net income, and earnings per share, as well as $20.2 billion in net flows driving a 27% increase in funds under management to $153 billion.- The CFO's report, which provided details on GQG's 2024 financial results, including a 47% increase in net revenue, a 50% increase in net operating income, and a 170 basis point improvement in operating margin to 76%.- The preliminary voting results, which showed overwhelming support for the re-election of a Class I Director.Overall, the presentations highlight GQG's continued strong financial and operational performance, as well as the alignment of the company's leadership with shareholders.

Guidance

For the full year 2024, GQG reported funds under management of $153.0 billion, an increase of 26.9% from 2023, net revenue of $760.4 million (up 46.9%), net operating income of $577.9 million (up 50.4%), and diluted earnings per share of $0.15 (up 52.3%). The company also paid dividends of $0.1367 per share, representing a 90% payout ratio of distributable earnings.

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