Results Presentation

Year ended 30 September 2021

Presentation team

Alex Scott

Chief Executive Officer

  • Joined IntegraFin in 2009
  • 1997 - Twelve years in insurance licence provision
  • 30 years of insurance experience in the UK and internationally

Jonathan Gunby

Executive Director - IFAL CEO

  • Joined IntegraFin in 2011
  • 1999 - Twelve years as Director of NMG Holdings
  • 30 years of financial services experience in the UK and internationally

2

Results Presentation

Financial year 2021- operating environment headlines

H1 FY21

H2 FY21

FY21

  • Acquisition of Time for Advice Limited (T4A) on 11 January 2021.
  • Highest ever H1 gross inflows.
  • Positive equity market reaction to COVID- 19 vaccine developments and US election result.
  • Transact buy commission threshold reduced.
  • Engagement in, and withdrawal from, Nucleus acquisition process.
  • Annual commission charge reduction.
  • Strong tax year end performance.
  • FUD passed £50bn for the first time.
  • Junior pension fee waived for those in a linked family group.
  • Next Wealth rating enhanced to "Digital Champions".
  • Record year end FUD of £52.11bn.
  • Record gross and net annual inflows.
  • Consolidation of T4A into IHP accounts.
  • Appointment of Rita Dhut to the board.
  • Constructive shareholder engagement.
  • Continued uncertainty surrounding COVID- 19 and post Brexit transition.
  • Well-positionedfor further progress in FY22.

3

Results Presentation

Financial year 2021 - key financials

Financial Highlights

  • Total revenue £123.7m, up 15%.
  • (includes T4A revenue of £2.4m)
  • Operating profit £63.2m, up 14%.
  • (Includes £3.3m non-underlying expenses - T4A and Nucleus)
  • Profit before tax £63.1m, up 14%.
  • Post underlying and non-underlying expenses, operating margin decreased to 51% from 52%.
  • Cash flow and group balance sheet remain strong, with no debt.
  • Second interim dividend of 7.0p declared, total dividend of 10.0p for FY21, at 65% of PBT - top end of dividend policy.

FUD

Clients

27%

209k

(FY21: £52.11bn)

(up 9% from FY20)

Net inflows

Gross inflows

38%

34%

(FY21: £4.95bn)

(FY21: £7.70bn)

4

Results Presentation

Funds Under Direction

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IntegraFin Holdings plc published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 08:48:16 UTC.