Learn with Rob

HUB24: A Deep Dive into Australia's Innovative Platform Provider

3 Dec 2024 · 15:23 · Watch on YouTube

Description

In this episode, we explore HUB24 (ASX: HUB), a $5.9 billion diversified financial services business known for its cutting-edge platform solutions and cloud-based technology. With a 7.5% share of the Australian platform market, HUB24 is a rising competitor against larger providers averaging 14% each.

We discuss HUB24’s impressive growth, including a staggering 6,319% return over 10 years and an 875% increase in dividends since 2019. With a strong balance sheet and a debt-to-equity ratio of just 5.8%, the company is well-positioned for continued expansion, including recent acquisitions like myprosperity.

Tune in to hear financial insights, analyst valuations, and key takeaways on HUB24’s economic moat, financial health, and future performance, along with the latest news and leadership highlights.

Please Note: This is not a buy, nor sell, recommendation. This is general information only.

00:00 Intro to Investor Motivation Podcast
00:22 Today's Topic: Hub24 Financial Results and Market Update
12:05 Hub24’s 44% Growth & Net Inflows of $4 Billion
12:19 Hub24's Total Funds Under Management: $113 Billion
12:40 Positive Financial Results: Net Profit After Tax Up 24%
13:06 Scalability of Hub24’s Business Model
13:16 Rob's Investment Strategy: Buy, Hold, or Sell?
13:35 Market Trends and the Impact of High Valuations
14:02 Caution with Capital Gains and Future Buying Opportunities
14:13 Warren Buffett’s $325 Billion Cash Reserves
14:25 Where to Find Rachel and Rob Online
14:43 Free Financial Education Resources at Consortium Private Wealth
15:00 Closing Remarks and Thank You

Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Rachael Todman, GradDipFP (ASIC Reg 1270413), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401.

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Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.

Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Olivia Glare (ASIC Reg 1262290), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.

The information provided in this article is general in nature only and does not constitute personal financial advice.