Olympia Financial Group (OLY) Investor presentation summary

Business model

• Founded in Alberta in 1994 and TSX-listed as OLY; most operations are conducted through a Calgary-based, non-deposit-taking trust business.

• Five service lines span investment accounts, private health benefits, currency and global payments, corporate and shareholder services, and compliance software.

• Investment accounts, shareholder services and compliance software have cross-pollinating customers; long-tenured staff and proprietary technology support the operating model.

• Interest earned on uninvested cash in self-directed accounts is retained; accountholders are not entitled to that interest under their account contracts.

Revenue and profit mix

• Investment Account Services generated 77% of 2024 revenue and 92% of divisional profit.

• Private Health Services represented 10% of revenue and 11% of divisional profit in 2024.

• Currency and Global Payments contributed 7% of revenue and 0% of divisional profit; Corporate and Shareholder Services contributed 5% and 1%, respectively.

• Exempt Edge represented 1% of 2024 revenue and recorded a divisional loss equal to 4% of total divisional profit.

Division highlights

• Investment Account Services had 136,000 accounts, $10.72B in AUA and approximately $1.08B in trust cash; year-end 2024 trust cash was $963.7M, up from $921.0M in 2023.

• Olympia Benefits reported 250,000 claims, 26,000 businesses, 63,000 employees and a 90% renewal rate for 2024.

• More than 90% of Olympia Benefits transactions are digital and 40% of claims arrive through its app; since 2010, transaction volume rose 300% while staff count fell 50%.

• Currency and Global Payments recorded $7.2M revenue and $1.22B transaction volume, with 1,300+ active accounts and 10,000+ annual transactions; Ontario solicitation began in 2024.

• Corporate and Shareholder Services provides transfer-agent, registrar, trust and meeting services; Exempt Edge offers dealer, issuer and private-market transaction software.