Good morning, everyone. My name is Sarah de Rooy, and I am from Count Group. Thank you for joining us today for Count Group's investor and analyst briefing on the acquisition of a majority interest in Skybridge and the associated placement. The announcement and investor presentation were released to the ASX earlier today and are available on our website. Before we begin, I would like to acknowledge the traditional owners of the land upon which we meet today, the Gadigal people of the Eora Nation, and we pay our respects to elders past and present, and we extend that respect to all First Nations people joining us today. I would draw your attention to the important information and disclaimers on slides two and three of the presentation, including in relation to forward-looking statements. Shortly, you will hear from Hugh Humphrey, our Chief Executive Officer and Managing Director, who will take you through the transaction and why Skybridge is such a strong fit for Count. Keith Leung, our Chief Financial Officer, will then cover the pro forma financials and the placement in more detail, together with our FY 2027 first quarter trading update, before we then open the lines for questions. We are using a different platform for today's briefing, so if you find yourself having any sound issues, we encourage you to use the phone option versus your computer audio, as it ensures a better quality and consistency of sound. Use the settings cog in the top right-hand corner of your screen to access. When we approach question time, please use the raise my hand function in the bottom left-hand corner of your screen, and we will invite you to speak in turn. Thank you, and I will now hand over to Hugh. Thank you, Sarah, and good morning, everyone. Today marks another important forward step for Count Group, and I am very pleased to be sharing it with you. The acquisition of Skybridge is a strategic milestone, further accelerating our growth and reinforcing our strategic flywheel. Count Group has signed a binding agreement to acquire an initial 75% majority interest in Skybridge, which is a leading converged financial planning and accounting firm headquartered here in Sydney. We do intend to sell down 5% to employee shareholders to land on a circa 70% holding. Skybridge sets a new benchmark and represents our most significant equity partnership investment to date. Our size and scale is now opening new doors and enabling us to undertake larger, more valuable, and interesting acquisitions. When we announced the acquisition of Oracle Group back in March, we described it as a significant and deliberate step in accelerating our wealth strategy. Skybridge is an equivalent step for our equity partnerships segment, the other key component of our flywheel. Skybridge is a high-quality operation. It has approximately 110 employees and contractors, including 82 accountants and 13 employed financial advisors, working from 16 locations across New South Wales, Victoria, and Queensland. It achieved FY 2026 pro forma revenue of AUD 29.0 million and normalized EBITA of AUD 8.8 million, representing a very strong EBITA margin of just over 30%. Financially, this transaction is expected to be mid to high single-digit EPS accretive to Count on a FY 2027 pro forma basis before synergies. On a combined basis, group FY 2026 pro forma revenue increases to AUD 220.5 million and EBITA to AUD 51.3 million, with an EBITA margin of 23.3%. Notably, Count and Skybridge share a long history. Skybridge partnered with Count Financial for licensee services from around 1995 to the late 2000s. In fact, in 2005, it was a loan from our founder, Barry Lambert, that enabled Skybridge to make its very first acquisition and accelerate its growth ambitions. Today, pleasingly, the conditions have emerged that make it right for us to deepen the partnership and invest in the business. Turning to the key terms of the transaction, the acquisition implies an enterprise value for 100% of Skybridge of approximately AUD 66.0 million, representing 7.5x the agreed deferred payment EBITA target of AUD 8.8 million. After taking into account Skybridge's debt funding, upfront consideration for our 75% equity interest is AUD 29.6 million, comprising AUD 25.6 million in cash and AUD 4.0 million in Count scrip issued to a key Skybridge vendor shareholder. In addition, over the two years following completion, there is the potential for up to AUD 3.3 million in deferred consideration and up to AUD 5.8 million in earnout consideration, both subject to meeting agreed performance hurdles designed to incentivize the continued growth of the business. That would take total consideration up to AUD 38.7 million. As we mentioned at our August results, we are very deliberate with our terms when it comes to acquisitions, with ROI and accretion hurdles being combined with deferred payments linked tightly to performance and continued vendor equity participation, which we know creates that really strong alignment. The upfront consideration is to be funded from a AUD 25.0 million fully underwritten institutional placement, our existing debt facilities and cash reserves, and the scrip consideration. I will ask Keith shortly to take you through the funding in more detail. Importantly, the people who built Skybridge are staying with the business. Jason Birch will continue to play an ongoing role in the business as founder and executive director, with Grant Duddle appointed as the managing principal and giving us clear, consistent leadership with an established succession pathway. The founder has agreed to customary non-compete provisions. All Skybridge-employed advisors will become ARs of the Count Financial AFSL from completion. Completion is expected in the third quarter of FY 2027, subject to ACCC approval or a notification waiver and other customary conditions. You are all by now familiar with our flywheel, the framework that was introduced a few years ago for how our strategy would accelerate value creation for Count shareholders. We know that the most important element of the advisory value chain is the client relationship. Accounting relationships feed financial planning clients. Financial planning clients can benefit from our investment solutions, and our services proposition differentiates us and generates the scale that strengthens the whole platform. Skybridge pleasingly fuels every element of our flywheel. First, it represents continued execution of our M&A strategy. It grows our employed financial planner base to 115, and it provides a strong platform for further acquisitions across several attractive geographies. Secondly, it enhances the offering for Skybridge's clients. Skybridge's advisers will be able to provide their clients with the opportunity to benefit from Count's investment solutions, including CARE and other Count services. Skybridge's circa AUD 1.4 billion of funds under advice also represents a potential growth opportunity for our investment solutions, always where it is in the client's best interest. Third, it improves the take-up of our group services, expanding potential distribution for outsourcing solutions, specialist education, and other expertise. Stepping back, Skybridge accelerates our growth, supports all dimensions of the flywheel, and adds a capable M&A platform for future tuck-in acquisitions. These are four of the key reasons why we believe that Skybridge is the right acquisition for Count at this point in our journey. First, it represents a key growth milestone in our equity partnerships. It expands our existing network, especially in regional areas, and drives growth in both equity partnerships and wealth. Secondly, they have got a really strong track record of profitable growth. Excuse me, profitable growth. Skybridge has delivered sustained growth and strong margins with a proven ability to successfully integrate acquisitions. The acquisition is accretive to Count's own underlying EBITA margin, so it lifts the bar. Third, Skybridge has its own demonstrated M&A capability, which we will come back to shortly. Finally, as I mentioned, the transaction is EPS accretive, with further benefits anticipated over time from the revenue synergies. Continuing our strong momentum following the acquisition of Oracle, I want to touch on where Skybridge sits within our acquisition strategy, which encompasses three distinct types. Each plays a different role in the growth of Count. Firstly, new equity partnerships like Skybridge. We continue to pursue high-quality partnerships with financial advice and converged firms, which typically operate with a high degree of autonomy in their day-to-day operations. In addition, these types of acquisitions carry low integration complexity for our corporate office. Secondly, our tuck-ins. We have several platforms from which to execute tuck-in M&A, and we see Skybridge as an excellent home for future tuck-ins as our largest equity partnership. Third, our Count Wealth platform. There is significant opportunity ahead for further industry consolidation, with around 6,000 financial advice practices nationally. Our network of 482 firms, including 282 Count-licensed and 200 self-licensed firms, gives us a proprietary origination channel alongside the external network, and the recent Oracle acquisition strengthens our ability to accelerate financial planning growth through tuck-ins. Skybridge is scaled, well-run, and has its own leadership systems and integration team, and overall is relatively low complexity in terms of integration to Count. So it provides efficient growth as an equity partnership investment, and our Oracle optimization program will continue as planned without Skybridge competing with it for significant corporate office attention. Wanted to share a little bit more about Skybridge. Skybridge was founded and has been led by the current management for over two decades. It is headquartered in Sydney, with a predominantly regional footprint from Albury and Shepparton in the south through Tamworth, Port Macquarie, and Coffs Harbour, all the way up to Brisbane. It provides financial planning, accounting, tax, SMSF, and bookkeeping services to about 27,000 clients, with circa AUD 1.4 billion of funds under advice. Revenue is largely recurring, supported by fixed-price client arrangements and disciplined cash collection processes, which lead to very modest working capital requirements. For me, a key highlight is that circa 69% of Skybridge's financial planning clients are also clients of its accounting and taxation division, indicating a significant upside opportunity to continue to cross-sell financial planning to the accounting client base. That is the converged model working, and it is exactly the accountant-to-advisor pathway that sits at the heart of our business model. Skybridge has a long track record of profitable growth. From financial year 2022 to financial year 2026, revenue has grown at a compound annual rate of 15.8% and EBITA at 17.4%. EBITA margin expanded by around 400 basis points from financial year 2024 to financial year 2026 to just over 30% on a pro forma basis, including Skybridge's three financial year 2026 acquisitions. That growth has been supported by more than 35 acquisitions since 2001, and what underpins it is a repeatable M&A tuck-in platform, a centralized operating model, a single tech stack that every acquisition moves onto immediately, and an experienced in-house integration team. This is a capability that we intend to leverage going forward. On a combined basis, Skybridge represents another step change for Count Group's scale, meaningfully increasing our earnings base, our advisor network, and our client reach. Our employed advisor network grows to 115, up from 102, and the acquisition is around 110 basis points accretive to our EBITA margin, which will take it from 22.2% to 23.3%. Skybridge's predominantly regional footprint complements Count's metropolitan-weighted network with limited overlap in geographies and service lines. The acquisition takes us to 21 equity partnership firms with a network of circa 483 businesses. At our financial year 2026 results, we showed how deliberately the shape of the group has shifted towards wealth, with wealth-related earnings increasing from 31% of EBITA in financial year 2023. Oracle accelerated that shift, and Skybridge adds balance to our offering. Including Oracle and Skybridge on an FY 2026 pro forma basis, wealth grows to circa 49% of EBITA, accounting within the equity partnerships to circa 33%, and services represent circa 18%. Wealth remains our largest and fastest-growing contributor, but a strong accounting foundation is where the flywheel starts. Deep and sticky loyal client relationships leading to growth in wealth opportunities accelerated by Count Group's capabilities. This transaction drives greater balance between wealth and accounting and continued diversification across the group. Before I hand over to Keith, I want to spend a moment on our M&A track record because it is directly relevant to our confidence in this transaction. Since 2019, Count has executed and integrated a number of acquisitions which have actively enhanced our strategic objectives, and some of the more prominent ones are highlighted on this slide. Alongside these, we have maintained a consistent program of tuck-in acquisitions, completing 10 in financial year 2026 alone. Diverger delivered in excess of AUD 4 million of annualized run rate cost synergies against our initial target of up to AUD 3 million, and the Oracle integration and optimization program is progressing exactly as planned. The acquisition of Skybridge accelerates our strategy to build Australia's leading integrated wealth and accounting platform. I will now hand to Keith to take you through the pro forma financials and the details on the placement, as well as touching on our first quarter trading update. Keith, over to you. Thank you, Hugh, and good morning, everyone. Slide 15 sets out the indicative pro forma balance sheet reflecting the acquisition and the placement. A few key points to call out. Count Financial are extracted from a 30 June 2026 statutory financial statements, together with an estimate for the Oracle transaction, which completed on 20 July 2026. Skybridge financials are extracted from unaudited management accounts as at the same date. Note that the acquisition accounting reflects a preliminary assessment of fair value, and the final determination is subject to Count completing its purchase price allocation within 12 months of acquisition, and the final assessment may differ from this preliminary view. The same applies to Oracle, where the PPA is yet to be completed. Turning to the placement, we are undertaking a fully underwritten institutional placement to raise approximately AUD 25 million through the issue of approximately 15.9 million new shares. The placement falls within our existing placement capacity under ASX Listing Rule 7.1, so no shareholder approval is required. New shares will be issued at a fixed price of AUD 1.57 per share, which represents a 5.4% discount to our last closing price of AUD 1.66 on 4 November 2026, and a 4.9% discount to the five-day VWAP of AUD 1.65. The proceeds will be used to partially fund the acquisition and pay associated transaction costs and position Count to continue executing on its attractive and value-accretive M&A pipeline. The placement is not conditional on completion of the acquisition, and the new shares will rank equally with existing Count shares from allotment. This slide sets out the sources and uses of the funds for the transaction, comprising the placement, the scrip consideration, and a combination of existing cash and debt facilities as sources of funding to be used for the various components of the consideration and to pay the one-off and transitional costs. Deferred and earn-out consideration will be funded from operating cash flows and available debt capacity. Our CBA facility comprises a AUD 77 million acquisition facility on a three-year term, a AUD 33 million accordion facility and a AUD 6.6 million working capital facility. The Skybridge existing debt will be refinanced by the new CBA facility. We expect pro forma net debt to underlying EBITA at FY 2027 year-end to remain within Count's acceptable debt ratio range, inclusive of completion payments for previous transaction and an allowance for continuing BAU M&A activity. Finally, while Count will acquire a 75% interest in Skybridge, we do expect this to reduce to 70% through a sell-down of circa 5% over time to new and existing employee shareholders, consistent with how we operate our other equity partnerships. On slide 19, we have set out the indicative timetable for the placement on this slide. Then just slightly before handing back to Hugh, I would like to briefly take you through our unaudited pre-tax trading performance for the first quarter of FY 2027, being the three months to 30 September 2026. The group has started the year off very strong. Revenue for the quarter was AUD 52.1 million, up 23.2% on the prior comparative period, and underlying EBITA was AUD 12.7 million, up 66.6%, for an underlying EBITA margin of 24.5%, up from 18.1% in the prior comparative period. This was driven by both acquisitions and organic growth, having received a bit over two months of earnings from Oracle, now rebranded as Count Wealth. Funds under management reached a record AUD 6.7 billion at 30 September, up from AUD 6.5 billion at 30 June 2026, and 31.3% higher than a year earlier. Our CARE Portfolios now exceed AUD 5 billion of funds under management, and more importantly, we received almost AUD 200 million of net inflows in the first quarter, which is an increased net inflow run rate compared to the last 12 months. In FY 2027, we have also successfully completed four acquisitions to date, including Oracle, now branded as Count Wealth, and Tailored Lifetime Solutions, and more so the recently, which have yet to be completed, Apiary. Performance in the quarter was strong, and we also note that a portion of the performance reflected carryover work from the prior period in the equity partnership segment. I would also encourage investors to please read the key risks set out in the presentation, together with the international offer restriction and the summary of the underwriting agreement. I will now hand back to Hugh to provide an update on the Oracle integration and make some concluding remarks before we move to Q&A. Thanks, Keith. Turning to Oracle, or as Keith mentioned, now branded as Count Wealth, I am pleased to report that the integration is progressing very well. All key work streams are on or ahead of schedule, and that is right from our new Count Wealth brand and operating model through to people, corporate functions, and technology. We have implemented AI file noting. We have recruited a new adviser who started just this week to add to that footprint as well. On the basis of this, we have closed the integration program office, and that gives us capacity to ensure that we can focus on future opportunities also. On the front around synergies, we initially announced AUD 1 million of annualized cost savings, and we committed to that in March 2026. In July, we upgraded that to at least AUD 1.25 million of synergies, and we now expect to realize these ahead of the scheduled 24 months. We also see potential revenue synergies through the adoption of Count services, including offshore resources together with scale benefits and some other operating efficiencies. Over the next 12 months and beyond, our focus turns to running the business really well and optimizing its systems, data, and processes. That will deliver a consistent technology platform and, most importantly, an enhanced client experience. Count Wealth's integration is on track, with accounting production hours and billings and transitional statements of advice in line with our expectations. We will provide a further integration update alongside our half-year results. At our financial year 2026 results that we delivered in August, I said that the business is stronger, more diversified, and better positioned, and that the flywheel is turning ever faster. We have resized the business, and that's creating new and larger growth opportunities for us. Skybridge is the natural next step in that journey. It's a high-quality converged firm and our most significant equity partnership investment to date. Its earnings per share are accretive with strong margins, a proven M&A engine, and a management team that is staying with the business. On a pro forma basis, Count Group will have circa 483 firms, AUD 44.4 billion of funds under advice, AUD 6.7 billion of funds under management, revenue of circa AUD 220.5 million, and underlying EBITA of circa AUD 51.3 million. Our priorities from here are clear. Complete the Skybridge transaction and welcome the team into the Count Group. Continue to optimize and grow Count Wealth and expand our employed advice business. Relentlessly execute on our 2030 ambitions, financial planning revenues to equal accounting revenues in our equity partnership segment, AUD 10 billion of funds under management, and a 50% take-up of our education and expertise services across the network. All in service of our purpose, which is, put simply, make it count. I'll now hand back to Sarah de Rooy, who will open the line for Q&A. Thank you, Hugh and Keith, for your presentations. Thank you to the investors and analysts for your attention. We will now open up the lines for your questions. As mentioned at the start of the presentation, if you would like to ask a question, please use the raise my hand function found in the bottom left-hand corner of your screen, and I will introduce you by name. Please ensure that you have taken yourself off mute before you speak, and I will open the line to you individually. Would anyone like to ask a question? I can actually see a couple of hands that have jumped straight up. I did notice, Olivier Coulon, your hand did come up quite quickly. I will now, Ollie, if it's okay, I'll now enable your microphone. Please unmute yourself. And unmute yourself now when prompted, and we will just give the system one moment to update before you begin your question. Ollie, if I could ask you to please introduce yourself and then ask your question. Yeah. Hi, it is Olivier Coulon, equity research analyst at E&P. Maybe just on Skybridge in terms of why they chose to partner with Count as opposed to some of the other sources of aggregation capital in the market. Good morning, Ollie, and thanks for your question. Good to have you on the call. There were a few drivers for the decision. As we said, we have been in conversations on and off with Jason and the team for more than three years now, as we have worked through their priorities. I think, put simply, and I might invite Keith to share a couple of those drivers in a second, but put simply, the package of proposition that we bring around capital, partnership, skills, and capabilities, and know-how, particularly in the financial advice and the wealth part of the business, was really appealing to Jason. He is not exiting the business. None of the shareholders are exiting the business. They want to continue to grow, and they had got to a certain size where they actually needed somebody to help with that. Keith, did you want to touch on a couple of those? Yeah. Look, I think there's Thanks, Ollie, for the question. Look, there's three key themes that came out of the ongoing discussions. I think firstly is looking for a partner that can provide capital. Clearly, they had hit their limitation in terms of their funding. They have a facility with NAB, and they had hit that sort of 2.5x net debt to EBITA ratio, thereabouts, and was being amortized pretty quickly over a short period of time. So firstly, capital. I think secondly is around technology, and particularly with the evolving nature of advice tech and accounting tech, looking for the right partner that can really help them implement and advise on that tech piece. Then thirdly is the financial planning side of things. They were running self-licensed, and as growing sophistication and complexity, seeking a partner that can help them in respect of the licensing, as being RMs, Responsible Managers, does take a fair bit of time. But also in driving a better well-run financial planning business, I think generally across the board, the fees are about just a bit over half a million dollars per adviser on average, and we do see a lot of benefits with the technology introduction and more efficiencies in getting the right SOA and done in a more efficient period of time. Yeah. Perfect. Sorry, you mentioned that, if you don't mind me asking a second question before we go to others. Okay, cool. Of course. You mentioned that you're going to convert those 13 advisers to ARs, and that they're self-licensed. I presume there's a reasonable self-licensing cost in the business. You haven't called out specifically synergies. Is that a fairly obvious synergy? Because I presume you're going to be offering those services more cheaply than their current offering is? Yeah. Thanks, Ollie. They do spend around AUD 0.5 million on licensing and the associated services in that business. You're right, Ollie, we will not bring that license over, so they will move onto the Count Financial AFSL. Skybridge itself will continue to pay that fee into now Count Financial. So you're right, that'll sit within our model. It doesn't impose more cost on us to take advantage of our existing infrastructure, and so a lot of that revenue will drop through to Count Group. Perfect. I might let others in the queue ask questions and then, yeah, see if there's any left over. Thanks. Excellent. Thanks, Ollie. Thank you for that. I see another question, another hand up from Irina Chong. Irina, I will just unmute, I'll just re-mic Ollie, and now I will mic Irina. Irina, when you are prompted, please just enable your microphone. We will give it a moment, and then if you could just introduce yourself, and then just ask your question. Thank you. Thank you. I am Irina, Associate Analyst at Canaccord. Just a quick one from me. Do you mind just providing a bit more color on the integration timeframe? Yeah, thanks, Irina. Appreciate your question. As distinct from an acquisition like Oracle, where we are integrating the data, the systems, putting the people onto employment contracts, et cetera, being that Skybridge will sit within our equity partnership segment, the integration is much lighter touch. It is more about introducing them to the group, establishing the board and the rhythms and the governance models, helping them to adopt the policies and procedures, and migrating the clients and the advisers, obviously, onto the Count Financial AFSL. As we mentioned before, the business has used Count Financial in the past, so that is not new to them. So, a lot of that work will happen within the firm, and then from Count's perspective, it will be at the board level. So that will be pretty straightforward, and as soon as the transaction completes, that business will be up and running within the equity partnership segment. As you know, we have got a really good set of muscles around doing that, and we have been very deliberate in the creation of the board for Skybridge, which will include one of our long-term partners from another firm, who is terrific at helping those businesses to onboard into our ecosystem. Great. Thank you. And just another question from me. For the AUD 1.4 billion, what level of penetration do you, I guess, expect over the next three years? And outside of the investment solutions opportunity, what do you see as the, I guess, second-largest opportunity outside of that? Would it be outsourcing or another service? Thank you. Yeah, thanks. So, look, obviously, any change in clients' investments is because it is in their best interests and meets all of those obligations. So, starting with that premise, what we have seen in businesses like Skybridge before, for instance, Oracle Group, or what is now Count Wealth, they had an in-house investment solutions offering, and they had about a 40% penetration into their client base of that, probably slightly higher in GPS Wealth with the CARE proposition from when we acquired Diverger. So I think as we look forward over that, say, that three-year period, you might expect to see that sort of 30%-50% type penetration levels, if it is right for clients, into the Skybridge business. So that is certainly a material opportunity for us, and clearly, we would not expect that that AUD 1.4 billion would be static over that period. That would be growing as well. The second part of your question around the next most significant opportunity, I think, is probably still within the wealth segment, and that is, as Keith was talking about, the number of clients per adviser in Skybridge. We see capacity opportunities there to increase the number of clients. When we benchmark the fees, we see them being below market pricing, so we see some opportunities for fee increases there to properly price their advice to their clients, in addition to, of course, the investment solutions that we covered. Over the 16 sites, there is capacity for more advisers in time as well. We have launched the Count Academy, which currently we have got about 50 professional year candidates across our group going through that. It is our ambition that next year that increases to 100, and through the academy, we will see career changes coming in as well, and that will feed potential growth for businesses like Skybridge into the future, as well as Count Wealth. Great. Thank you. Excellent. Thank you, Irina. Can I ask I'll just pop you back on mute. Can I ask, were there any other questions that wanted to be asked? Ollie, did you have another one? Excellent. Let me just enable your microphone again. Follow the prompts as you did last time and just enable your mic. Wait for a few moments, and please introduce yourself again and just ask your question. Yeah, it's Olivier Coulon calling again from E&P. Just on the outsourcing opportunities, so you've obviously got a reasonable size outsourcing business that's growing rapidly in services. It looks like Skybridge has been pretty active in outsourcing. Otherwise, I don't think they'd be making 30% margin in an accounting-dominated business. How does your outsourcing solution compare to what they're currently using? Is it internal or is it external? What's the potential for some revenue synergies around that in time? Yeah, look, I think, Ollie, look, there is obviously potential to really explore that as a synergy. I think really more importantly at the moment, it's a system that is operating very well and very intertwined with their outsourcing requirements. I think we wouldn't want to disrupt that too much, but potentially, as new resources are being brought on board, could explore switching to our solution. But that's something we'll definitely explore over the next little bit. I think probably more interestingly, Ollie, is, and as you point out, Jason and the team, Grant and the team run a really tight operating model, particularly in the accounting space. We see some opportunities in the financial planning. They're probably earlier in the adoption of some of the technology developments there and the benefits from not just outsourcing, but actually embracing some of the AI tools coming through. For example, AI file noting, which we'll drop in as we've just done in Count Wealth, and we see significant productivity improvements there. So, it's not just the outsourcing, but perhaps some of that insourcing back as technology can perform a lot of those functions, particularly in the financial advice business, and really improve the ability to get a piece of advice back to a client. Yeah. Okay. Perfect. And sorry, you have, over the last couple years, merged some of your smaller, less scaled, and I suppose less robust, because they're just less diversified, equity partnerships in with each other, and obviously with bolt-ons, et cetera. Is there any prospect that you could look to do a little bit of intra-network M&A into Skybridge? Yeah, absolutely. And Ollie, from two perspectives. So, Jason's been known to us, as we said, for many, many years, and we've had a number of conversations. We see some opportunities with our existing equity partnerships footprints that potentially we could bring together some of those over time if they're right for the businesses, where we might have two offices in a similar location and there's some cost synergies of merging those, and we'll definitely explore those. We see some potential synergies around Count Wealth maybe over time too, whether that's a home for some of the financial planning clients in the group. And as we talked about too, we have an extensive network with nearly 500 businesses in the financial advice part of our business that we partner with. And as you'd be aware, there's quite a lot of succession planning and consolidation happening there. So, we are certainly expecting that, in addition to our equity partners and the other partnerships we have in advice, that we'd be able to table some opportunities to Skybridge to potentially acquire some of the financial planning businesses that are already licensed by us. Yeah. Perfect. Thank you. Great. Thanks, Ollie. I might just move on to some of the other questions that we have, and you can come back around in a moment, if that's okay. I'll just disable your mic. Irina, I can see that you have some additional questions. I'll just unmute your mic, if you could just follow the prompts. And there you are. I think you're live. Thank you. Just a quick one from me in regards to, I guess, succession plan. What are the plans for Jason? And since there's, I think you mentioned 13 advisors so far, what are some staff retention incentives you have in place? Yeah. Thank you, Irina. Firstly, no one's leaving the business as a result of the transaction, including Jason. Obviously, he's the major shareholder, and he's who we're buying our shares from. But he will remain a shareholder, as will Grant Duddle, who's appointed as the managing principal, and other shareholders in the business, including some of the financial advisors as well. So, there's no change to the shareholdings for the other employed shareholders. In fact, as we said, it's our intent that we would sell down up to 5% of our 75% to those and potentially other employee shareholders in time. Jason and his wife, Sammy, they both work in and on the business, and they'll continue to do that and have expressed a desire to continue to do that. And Keith might touch on some of the mechanisms we put in place to incentivize that in the medium term. But of course, we're always trying to think one step ahead as well. With the benefit of Grant's appointment as the Managing Principal, it allows us to have a succession plan in place well ahead of any planned succession. That's why we've announced that as part of today's agreement as well. Did you want to talk a bit about Yeah. So just ensuring, obviously, the base expectation is Jason is staying, and very much would like him to stay on. I think, more importantly, is as part of this transaction, he still will retain 5% in Skybridge. Then separately, out of the remaining proceeds for the 75% that we are acquiring, he has elected to take AUD 4 million of those proceeds in Count shares. So, there'll be a strong alignment going forward, not just in Skybridge, but an alignment with Count. Separately, there's about circa AUD 9 million in deferreds and earn-outs over the next two years. So, there's sufficient alignment there over that next period, but the intention is much beyond the next two years, and very much Jason has signaled his intent to grow this business with a desire that this will be a much bigger business, at least double the size in the foreseeable future. Both Jason and Grant are in their early 50s with high school-aged children, and they share our strong ambition, not just for Skybridge, but for growth in this profession. We're looking forward to partnering with both of them and the broader team there. Great. Thank you. That is great. Sorry, do I have time for another question? Of course you do. Yes. Thank you. Just on the FY 2027 budget of AUD 9.8 million EBITA, it implies around 11%-12% growth on FY 2026. Do you mind just providing more details what that is, since that is quite high for an accounting business, I guess? Yeah. It has the financial planning, but also, it is going through, as part of the process, we shared our data benchmarking information with Jason, and had visibility to what we are doing for pricing of our accounting businesses and our financial planning businesses. So some part of that bridge obviously is pricing increases, and then along with that is new clients, conversion of accounting clients to financial planning, as we have seen some pretty high take-up of the financial planning, our actual existing accounting clients. So that is effectively the bridge from that 8.8 to 9.8. Now, we are quite conscious, obviously, in this period when they go through a transition period on the AFSL, going from self-licensed to Count Financial, we are conscious that that means there is a fair bit of work with the statement of advice for the advisers. Yeah, we are quite alive to what will need to happen in the next 12 months. Great. Thank you. Just a quick one, would they be, for the SOAs, I saw you guys have a template available on Paradata. Do you expect that to be used, and do you think that will make things go a bit faster? We will work with them in terms of the decisions about which AI file noting tools, like Paradata is one of a number, and the core financial planning technology. Our first step is going to be to engage with our advice tech team and make sure that we get the right solutions in there for them. Great. Thank you. Wonderful. Thank you, Irina. I will just disable your microphone. I can see another question has come in from Andy Chuk. Andy, I will just enable your microphone. Please follow the prompts. Please introduce yourself and commence your question. Thank you. Hi there. Hi, team. It is Andy Chuk from Blackwattle. Just had a question around some of the metrics. The clients per advisor at 230 is almost double the average for the industry, and the margins for the business at 30 is also well ahead of your equity partnership margin at low 20s. Could you just talk us through how they have achieved these great numbers, and I guess how we should think about those numbers being translated towards the rest of Count's equity partnership businesses, and if there is opportunity there to lift the rest of the business? Yeah, thanks, Andy. Can you just repeat that first bit? What did you say about the financial planning component? Just the clients per adviser is at 230 from what I can tell, which is obviously almost double the industry average. They are doing something right. I would not mind understanding what they are doing differently to the rest of the industry, and if you could actually take some learnings from that to apply to the rest of your business. Yeah, so look, I will talk to the accounting side of things. Look, Skybridge uses quite an extensive outsourcing. What we do see in our equity firm is generally up to 20%-30% is using outsourcing. For Skybridge, that is a much higher percentage. It is closer to 50%. They have a very centralized model that is in place. Not only do they use and their outsourcing is very well intertwined with their front-facing staff, but there is also a central admin team that also reviews the work and makes sure it complies into the standard and requirement for clients. It is a very well-oiled machine, and they do a lot of integrations and acquisitions and integrate very well. It is a very clear message to external acquisitions where you have to conform to this model, and this is how we operate. Separately to that 30% margin, our portfolio is around the 23%, but we do have a few converged accounting financial planning firms that are pretty closely aligned to that 30%. It is not beyond what we see. It is definitely on the higher end of that performance range, but not far off from our top performers within the portfolio. If I could just add on the client numbers, I think that Andy probably divided the advice clients by adviser numbers. Those client numbers include some of the lower touch insurance clients as well, so they are not all ongoing service clients. Okay, thank you. Could I ask one more, if that is all right? Sure, please. Yeah. Just on the revenue chart that you put out there, it does look like the revenue growth is a bit on the lower end compared to what you guys have delivered. Could you just talk about the organic revenue growth in the business? Yeah, look, the organic growth is that sort of circa 5% to sort of mid to high single digits organically. That's generally been the case. I think that it's hard because I know there's a lot of acquisitions, but obviously the size and scale, there could be revenue fee books and so forth. So, that's generally what we've seen over the period, is it's sort of that mid to high single digit sort of organic growth. Okay. Thanks, guys. That's all from me. Thanks, Andy. Great. I can't see any additional questions. Ollie, did you have a follow-up? I felt like you may have had one more there. Just raise your hand if you do. And if anyone else does have any questions, now is the time. Otherwise, I will hand back to Hugh for closing comments. Thank you, Sarah, and thank you, everyone, for your questions and, of course, for making the time to join us today. We know that there's a lot on. We do look forward to updating you on progress as we move towards completion, and that'll conclude today's investor briefing. I hope everyone has a terrific day. Thank you.
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