New Risk • Jun 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.5m (US$9.33m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (AU$13.5m market cap, or US$9.33m). Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (16% average weekly change). Announcement • Jun 05
Sequoia Financial Group Limited Appoints David Hentschke as Independent Non- Executive Director, Effective June 15, 2026 Sequoia Financial Group Limited announced that it has invited Mr. David Hentschke to join the Board as an Independent Non- Executive Director commencing on or before 15 June 2026. Mr. Hentschke brings extensive experience across financial services technology, market infrastructure, data services, corporate strategy, and governance. David's executive and board career includes roles as Chair of PointData, Chief Innovation Officer at Iress, Chief Executive Officer of Credit Clear Limited, and Group Executive Strategy and Corporate Development at PEXA. Earlier in his career he was a management consultant with Boston Consulting Group. Announcement • May 28
Sequoia Financial Group Limited Announces Resignation of Michael Ryan from Chairman and Director, Effective June 16, 2026 Sequoia Financial Group Limited had announced that Mr. Michael Ryan notified the Board of his resignation as Chairman and Director of the Company, effective June 16, 2026. Mr. Ryan's resignation reflected the expansion of his other current board responsibilities, which impacted upon the time available for his continuing role on the Sequoia Board in the future. Mr. Ryan would remain available to the Board to assist with an orderly transition and handover. Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Director Sophie Chen was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 43% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$19.6m market cap, or US$14.2m). Board Change • May 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Director Sophie Chen was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 02
Sequoia Financial Group Ltd Announces Resignation of Kevin Pattison as Non-Executive Director, Effective January 31, 2026 Sequoia Financial Group Ltd. announced that Mr. Kevin Pattison has resigned as a Non-Executive Director of the Group, effective from January 31, 2026. Mr. Pattison has served on the Sequoia Board for seven years and made a significant contribution including as Chair of the Remuneration Committee, where he oversaw the strengthening of Sequoia’s focus on staff wellbeing, remuneration governance and organisational culture, including the introduction of a dedicated Head of HR and People function to support the Group’s growing workforce. The Board has commenced a process to appoint up to two additional Non-Executive Directors and expects to be in a position to announce at least one such appointment prior to Mr. Pattison’s retirement on January 31, 2026. Announcement • Oct 21
Sequoia Financial Group Limited, Annual General Meeting, Nov 20, 2025 Sequoia Financial Group Limited, Annual General Meeting, Nov 20, 2025. Location: at evergreen room, hub 555 collins exchange, level 1, 555 collins street, melbourne vic 3000, Australia Reported Earnings • Aug 29
Full year 2025 earnings released: EPS: AU$0.026 (vs AU$0.024 loss in FY 2024) Full year 2025 results: EPS: AU$0.026 (up from AU$0.024 loss in FY 2024). Revenue: AU$119.0m (down 1.1% from FY 2024). Net income: AU$3.23m (up AU$6.37m from FY 2024). Profit margin: 2.7% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Announcement • Aug 19
Sequoia Financial Group Limited to Report Fiscal Year 2025 Results on Aug 28, 2025 Sequoia Financial Group Limited announced that they will report fiscal year 2025 results on Aug 28, 2025 Board Change • Aug 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman Mike Ryan was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 18
Sequoia Financial Group Limited to Report First Half, 2025 Results on Feb 27, 2025 Sequoia Financial Group Limited announced that they will report first half, 2025 results on Feb 27, 2025 Board Change • Feb 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Charles Sweeney was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 23
Sequoia Financial Group Limited Announces Change of Company Secretary Sequoia Financial Group Limited has appointed Ms Natalie Climo as Joint Company Secretary, effective 23 January 2025. As Ms Sally McDow has resigned from Boardroom Pty Limited (the Company's Corporate Secretarial Services Provider), she has also resigned as Company Secretary of SEQ effective effective 23 January 2025. The Company's Chief Financial Officer, Ms Lizzie Tan will continue to act as Joint Company Secretary. Ms Climo has 15 years-experience working in the corporate sector, previously in the legal team at Repsol S.A. Brisbane offices and more recently based in Sydney as a Company Secretary for a portfolio of ASX listed companies. She has extensive experience in corporate governance and board advisory of ASX listed and unlisted companies. Ms Climo is a qualified lawyer admitted to the Supreme Court of Queensland and holds a Bachelor of Laws from QUT and a Graduate Diploma in Legal Practice from the College of Law. Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Charles Sweeney was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 01
Insider recently sold AU$551k worth of stock On the 30th of October, Brent Jones sold around 1m shares on-market at roughly AU$0.37 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth AU$1.8m. Insiders have been net sellers, collectively disposing of AU$1.6m more than they bought in the last 12 months. Announcement • Oct 17
Sequoia Financial Group Limited, Annual General Meeting, Nov 20, 2024 Sequoia Financial Group Limited, Annual General Meeting, Nov 20, 2024. Location: at sequoia financial group ltd, level 8, 525 flinders street, melbourne vic 3000. Australia Board Change • Oct 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Charles Sweeney was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 22
Sequoia Financial Group Limited to Report Fiscal Year 2024 Results on Aug 27, 2024 Sequoia Financial Group Limited announced that they will report fiscal year 2024 results Pre-Market on Aug 27, 2024 Recent Insider Transactions • Jun 01
MD, CEO & Executive Director recently bought AU$225k worth of stock On the 29th of May, Garry Crole bought around 500k shares on-market at roughly AU$0.45 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth AU$535k. Garry has been a buyer over the last 12 months, purchasing a net total of AU$311k worth in shares. Recent Insider Transactions • May 18
Insider recently bought AU$535k worth of stock On the 13th of May, Brent Jones bought around 1m shares on-market at roughly AU$0.53 per share. This transaction amounted to 81% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$631k more in shares than they have sold in the last 12 months. Announcement • Apr 26
Sequoia Financial Group Ltd Receive a Notice from Cojones Pty Ltd On 24 April 2024, Sequoia Financial Group Ltd announced that it has received a notice of requisition of meeting under section 249D of the Corporations Act from the Cojones Pty Ltd, Attenov Pty Ltd, Vonetta Pty Ltd, Glennon Capital Pty Ltd as the investment manager for Glennon Small Companies Limited and Anthony Jones. The Company calls a meeting of shareholders to consider the requisitioned resolutions concerning the composition of the Board on June 4, 2024, to consider resolutions for the removal of Garry Crole and Kevin Pattison and for the appointment of Brent Jones and Peter Brook as directors of the Company. The Company’s board recommended shareholders to vote against all Resolutions. Upcoming Dividend • Feb 27
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 05 March 2024. Payment date: 13 March 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 8.4%. Within top quartile of Australian dividend payers (6.4%). Higher than average of industry peers (3.8%). Declared Dividend • Feb 23
First half dividend of AU$0.02 announced Shareholders will receive a dividend of AU$0.02. Ex-date: 5th March 2024 Payment date: 13th March 2024 Dividend yield will be 13%, which is higher than the industry average of 3.9%. Reported Earnings • Feb 22
First half 2024 earnings released: EPS: AU$0.011 (vs AU$0.003 loss in 1H 2023) First half 2024 results: EPS: AU$0.011 (up from AU$0.003 loss in 1H 2023). Revenue: AU$61.0m (up 40% from 1H 2023). Net income: AU$1.52m (up AU$1.95m from 1H 2023). Profit margin: 2.5% (up from net loss in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Announcement • Feb 02
Sequoia Financial Group Limited to Report First Half, 2024 Results on Feb 21, 2024 Sequoia Financial Group Limited announced that they will report first half, 2024 results on Feb 21, 2024 Announcement • Feb 01
Finexia Financial Group Limited (ASX:FNX) acquired YieldReport Pty Ltd from Sequoia Financial Group Limited (ASX:SEQ). Finexia Financial Group Limited (ASX:FNX) acquired YieldReport Pty Ltd from Sequoia Financial Group Limited (ASX:SEQ) on January 30, 2024.Finexia Financial Group Limited (ASX:FNX) completed the acquisition of YieldReport Pty Ltd from Sequoia Financial Group Limited (ASX:SEQ) on January 30, 2024. Announcement • Nov 02
Sequoia Financial Group Introduces Sequoia Sentinel, Family Office Dedicated to Serving Ultra High Net Worth Clients Sequoia Financial Group, LLC launched Sequoia Sentinel, a boutique family office within the firm that is dedicated to supporting the unique needs of ultra high net worth individuals and families. The Sequoia Sentinel Family Office team is a highly trained group of professionals who have significant expertise in solving the complex issues of wealthy families. The firm has built the capabilities to serve the ultra high net worth market through organic growth and acquisitions, including Zeke Capital Advisors and M Capital Advisors in 2023 and WEALTHSTONE ADVISORS in 2021. Sequoia Sentinel clients typically have a minimum account size of $20 million. Sequoia Financial Group offers services to clients across the wealth continuum, including several specialized resource groups. It created Sequoia Sentinel to offer an array of tailored services, including asset management, tax management, wealth transfer, asset transactions, and charitable planning to meet the challenges inherent to generational wealth. Sequoia Sentinel is overseen by Annie McCauley, executive vice president and chief client experience officer of Sequoia. Sequoia Sentinel serves a unique classification of Sequoia's clients, representing about 55% of the firm's assets under management.In conjunction with the new Sequoia Sentinel brand, Sequoia Financial Group unveiled a new website and refreshed its logo and mark. Sequoia was recently named by Barron's as one of the top RIA firms in the U.S. in 2023 for the fifth consecutive year. The ranking is based on assets managed, technology spending, staff diversity, successionplanning, and other metrics. Announcement • Sep 12
Sequoia Financial Group Limited, Annual General Meeting, Nov 23, 2023 Sequoia Financial Group Limited, Annual General Meeting, Nov 23, 2023, at 10:30 AUS Eastern Standard Time. Agenda: To consider the re-election and appointment of Directors. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.029 loss per share (vs AU$0.043 profit in FY 2022) Full year 2023 results: AU$0.029 loss per share (down from AU$0.043 profit in FY 2022). Revenue: AU$98.5m (down 22% from FY 2022). Net loss: AU$3.95m (down 169% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. New Risk • Aug 20
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (AU$73.2m market cap, or US$46.9m). Announcement • Aug 08
Sequoia Financial Group Limited to Report Fiscal Year 2023 Results on Aug 29, 2023 Sequoia Financial Group Limited announced that they will report fiscal year 2023 results Pre-Market on Aug 29, 2023 Announcement • Jul 12
Sequoia Financial Group Limited (ASX:SEQ) entered into heads of agreement to acquire Castle Corporate Pty Ltd and Castle Legal Pty Ltd for approximately AUD 3.2 million. Sequoia Financial Group Limited (ASX:SEQ) entered into heads of agreement to acquire Castle Corporate Pty Ltd and Castle Legal Pty Ltd for approximately AUD 3.2 million on July 2023. The consideration is payable in cash and shares over a period of two years post completion. The final tranche is subject to a performance hurdle payable in July 2025. The acquisition will be funded from Sequoia’s strong cash reserves and be immediately earnings accretive. Founder of Castle, Jenny Hamley and her team will join Sequoia in the Professional Services Division. All of Castle's employees will join Sequoia Financial Group Limited as part of the acquisition, ensuring a smooth transition for Castle's clients and preserving the valuable knowledge and expertise within the organization. The target completion date of this transaction is July 31, 2023. The acquisition of the Castle businesses has been procured on an attractive PE multiple and is expected to boost the EBITDA of the Professional Services division by AUD 0.8 million per annum. Board Change • Dec 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Charles Sweeney was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Charles Sweeney was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Charles Sweeney was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 13
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Charles Sweeney was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Charles Sweeney was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 20
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.02 (up from AU$0.013 in 1H 2021). Revenue: AU$79.1m (up 51% from 1H 2021). Net income: AU$2.62m (up 57% from 1H 2021). Profit margin: 3.3% (up from 3.2% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Nov 03
Insider recently sold AU$1.9m worth of stock On the 29th of October, Anthony Young sold around 3m shares on-market at roughly AU$0.70 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$2.0m more than they bought in the last 12 months. Recent Insider Transactions • Nov 03
Insider recently sold AU$1.9m worth of stock On the 29th of October, Anthony Young sold around 3m shares on-market at roughly AU$0.70 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$2.0m more than they bought in the last 12 months. Reported Earnings • Aug 21
Full year 2021 earnings released: EPS AU$0.043 (vs AU$0.016 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$116.5m (up 38% from FY 2020). Net income: AU$5.55m (up 187% from FY 2020). Profit margin: 4.8% (up from 2.3% in FY 2020). The increase in margin was driven by higher revenue. Recent Insider Transactions • May 05
Insider recently sold AU$72k worth of stock On the 30th of April, Anthony Young sold around 138k shares on-market at roughly AU$0.52 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought AU$279k more than they sold in the last 12 months. Reported Earnings • Feb 20
First half 2021 earnings released: EPS AU$0.013 (vs AU$0.002 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$52.4m (up 28% from 1H 2020). Net income: AU$1.66m (up AU$1.41m from 1H 2020). Profit margin: 3.2% (up from 0.6% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. 
