Half Year 2020 Centrepoint Alliance Ltd Earnings Presentation Transcript

Feb 21, 2020 / NTS GMT
Presentation
Feb 21, 2020 / NTS GMT

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Corporate Participants
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* Angus Benbow
Centrepoint Alliance, Ltd. - CEO

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Angus Benbow - Centrepoint Alliance, Ltd. - CEO

Good morning. This is Angus Benbow, the CEO of Centerpoint Alliance to update our shareholders and the market on our 1st year results for financial year 2020. The Thank you for those people on the call. Thank you to our shareholders to our community of advisers and to our dedicated Centerpoint staff for the efforts over the last six months and especially over the last 18 months. And as we've reset the Centerpoint business.

[Spoiler], it's part of our results.

And moving on to our summary, the highlights of the financial result, the proactive decision we took to move to a fee-for-service model for our advice fees has yielded a 37% increase in our advisor fees. During the revenue transition, this revenue transition, which we'll go into in detail, we have achieved positive EBITDA result, excluding the one-off impact of legacy

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