AMP Limited Business Overview and Investment Insights

AMP Limited is a global financial services company with a rich history dating back to 1849. It was founded by a group of Australian businessmen who wanted to create a mutual society to provide financial assistance to each other.

The company has undergone significant transformations over the years, with a major shift towards a more diversified business model in the 1990s. This move allowed AMP to expand its services beyond life insurance and superannuation.

Today, AMP Limited operates in Australia, New Zealand, and Asia, offering a wide range of financial products and services to both individuals and businesses. Its core businesses include wealth management, superannuation, and life insurance.

AMP Limited is an Australia-based company that provides a range of financial services. It was incorporated in 1997.

AMP Limited has a significant presence in both Australia and New Zealand, offering services such as banking, superannuation, and financial advice. Its businesses include AMP’s Platforms, AMP Bank, AMP’s Master Trust, AMP Advice, and AMP New Zealand Wealth Management.

AMP’s Platforms business enables advisers and their clients to build personalized investment portfolios on its flagship North platform. This is a key service offered by the company.

AMP Limited has a substantial revenue of AUD 3.18 billion (TTM) and a net income of AUD 70.00 million. The company employs over 4,300 people.

Here are some key details about AMP Limited's locations:

AMP Limited's financials paint a picture of a company with some ups and downs. In 2024, the company reported a net profit before absorption of $265 million, a significant improvement from the net loss of $47 million in 2023.

The company's cash flow has also been a concern, with a net operating cash flow of -$105 million in 2023. However, this was followed by a net operating cash flow of $216 million in 2024, a significant improvement.

Here's a breakdown of AMP Limited's key financial metrics over the past three years:

The company's share price has also been affected, with a shareholder return of -26.2% in 2023 and 76.1% in 2024.

AMP Limited's financials provide a comprehensive view of the company's performance. The financials include a Profit and Loss Account and a Balance Sheet, which offer valuable insights into the company's revenue, expenses, assets, liabilities, and equity.

One key aspect of AMP Limited's financials is the number of employees, which is not publicly disclosed. However, the company's market capitalization is available, standing at a significant figure.

The financials also include information on the number of shares on issue, which can be useful for investors and analysts. Additionally, the earnings per share (EPS) is available, providing a metric to evaluate the company's profitability.

AMP Limited's financials are presented in a clear and concise manner, making it easy to compare the company's performance across different periods. The financials are divided into sections, including Enterprise Financials, Historical Financials, Cashflow, and Income Statement and Estimates.

Here are some key financial metrics from AMP Limited's Enterprise Financials:

AMP Limited's financials demonstrate the importance of having a comprehensive view of a company's performance. By examining the financials, investors and analysts can gain a deeper understanding of the company's strengths and weaknesses, ultimately making more informed decisions.

The balance sheet is a snapshot of a company's financial situation at a particular point in time. It's a crucial tool for understanding a company's financial health.

Cash is a vital component of a company's balance sheet, and in 2022, AMP's cash reserves totaled $0. We can't compare this to 2023 or 2024 since the figures aren't available.

Receivables and investments are also important assets that can provide insight into a company's financial situation. In 2022, AMP's receivables and investments were both $0.

The total current assets of a company include cash, receivables, investments, and other current assets. In 2022, AMP's total current assets were $0, which is also the case for 2023 and 2024 since the figures aren't available.

A company's non-current assets, on the other hand, include property, plant, and equipment, as well as other non-current assets. In 2022, AMP's non-current assets were also $0.

Total assets are the sum of a company's current and non-current assets. In 2022, AMP's total assets were $0, and this is also the case for 2023 and 2024 since the figures aren't available.

Liabilities, such as accounts payable and short-term debt, are also an essential part of a company's balance sheet. In 2022, AMP's total current liabilities were $0, and this is also the case for 2023 and 2024 since the figures aren't available.

A company's net assets, also known as equity, represent the difference between its total assets and total liabilities. In 2022, AMP's net assets were $0, and this is also the case for 2023 and 2024 since the figures aren't available.

AMP Limited has a team of experienced managers who oversee the company's operations. Alexis George serves as the CEO, taking on the role in August 2021.

The company's finance and investment teams are led by Blair Vernon, who joined as Director of Finance/CFO in July 2023, and Melinda Howes, who became Chief Investment Officer in December 2023. Anna Shelley also holds the position of Chief Investment Officer, but her tenure began in May 2021.

Richard Nelson is responsible for investor relations, a role he took on in March 2022.

The managers at AMP Limited are responsible for making key decisions that shape the company's direction. Alexis George is the CEO, taking on the role since August 2021.

One of the key roles at AMP Limited is the Director of Finance/CFO, currently held by Blair Vernon since July 2023. The company also has a Chief Investment Officer, a position currently held by two individuals: Melinda Howes, who took on the role on December 31, 2023, and Anna Shelley, who has been in the position since May 31, 2021.

The Investor Relations Contact at AMP Limited is Richard Nelson, who has been in this role since March 31, 2022.

Meet the Board Members of AMP Limited!

The Chairman of the board is Mike Hirst, who has been in the role since April 11, 2024, and is 66 years old.

Mike Hirst has a wealth of experience in leadership roles, which is essential for guiding the board in making strategic decisions.

The board also has several directors, including Andrea Slattery, who has been a director since February 14, 2019. There is no information available on her age.

Rahoul Chowdry is another director who joined the board on December 31, 2019. Unfortunately, his age is not listed.

Michael Sammells has been a director since February 29, 2020, but his age is also unknown.

The board has several other directors, including Alexis George, Andrew Best, Anna Leibel, and Kathleen Bailey-Lord, who all joined in 2021, 2022, and 2023, respectively. Anna Leibel is 50 years old.

Here is a list of the board members, including their titles and the dates they joined the board:

Institutional shareholders play a significant role in the management and governance of a company. The largest institutional shareholder is Allan Gray Australia Pty Ltd, holding 5.42% of shares as of August 11, 2023.

State Street Global Advisors, Australia, Ltd is another significant shareholder, holding 4.25% of shares as of February 1, 2024. The Vanguard Group, Inc, Dimensional Fund Advisors LP, and BlackRock Investment Management (Australia) Ltd are also among the top institutional shareholders.

Here are the top 5 institutional shareholders, listed in order of percentage held:

Some institutional shareholders have increased their holdings in the company, such as Norges Bank Investment Management, which bought 8.34 million shares and now holds 42.54 million shares, a 24.40% increase.

AMP Capital Structure is a significant aspect of the company's overall financial health. The total debt of $28,714,000 is substantial, with interest payments of $1,608,000.

The majority of this debt is long-term, which can provide stability but also comes with a higher risk. In fact, 89% of AMP's capital structure is comprised of debt.

Preferred stock is not a significant component of AMP's capital structure, with a value of $0.00. This suggests that the company may not be using this type of financing to raise capital.

Share equity, on the other hand, accounts for 11% of the company's capital structure, with a value of $3,652,000.

AMP Limited operates in a competitive market, with main competitors including IOOF Holdings and Challenger Limited.

IOOF Holdings offers a range of financial services, including superannuation and insurance products, making it a significant competitor in the market.

Challenger Limited is another major competitor, providing annuities and other investment products to its customers.

The Australian financial services market is highly competitive, with AMP Limited facing pressure from these competitors to maintain its market share.

AMP Limited's focus on innovation and customer service helps it stay ahead in the market, but it also needs to stay vigilant to respond to changes in the market.

The company's financial performance is closely watched by investors and analysts, who are interested in its ability to compete with its competitors.

AMP Limited's valuation is a key aspect to consider for investors. The company's market capitalization has fluctuated between $2.02B and $88.54B over time.

The P/E ratio is another important metric, with a 2024 estimate of 24.6x and a 2025 estimate of 17.3x. This indicates a significant decrease in the company's valuation multiple over the next year.

AMP Limited's enterprise value has also varied, ranging from $15.31B to $2,984B. This suggests a substantial increase in the company's value over time.

Here are the different valuation metrics for AMP Limited:

The yield on AMP Limited's shares is also an important consideration, with a 2024 estimate of 2.73% and a 2025 estimate of 3.66%. This indicates a potential increase in dividend payments over the next year.

The Australian stock market has been closed for a few hours, and we can see that the 5-day change is +0.94%. This is a relatively small increase, but it's still a positive trend.

AMP Limited is seeking to make acquisitions, which could potentially boost the market. This announcement was made on December 23.

The market closed on January 3 at 1.610, which is a slight decrease from the previous day's close.

Valuation is a crucial aspect of investment, and it's essential to understand the various metrics used to evaluate a company's worth.

In this section, we'll take a closer look at the valuation metrics for AMP Limited, as presented in the data.

The market capitalization of AMP Limited has fluctuated significantly over time, ranging from 2.02B to 27.94B.

Enterprise value, on the other hand, has also seen considerable variation, with a high of 2.984B and a low of 15.31B.

One way to gauge a company's valuation is by looking at its price-to-earnings (P/E) ratio. In 2024, AMP Limited's P/E ratio was 24.6x, while in 2025 it's expected to be 17.3x.

Another important metric is the enterprise value-to-sales (EV/Sales) ratio, which for AMP Limited was 23.7x in 2024 and is expected to be 23.9x in 2025.

A company's free-float, which represents the portion of its shares available for trading, is also an essential consideration in valuation. Unfortunately, the data for AMP Limited's free-float is not available in the provided information.

The yield, or return on investment, is another crucial aspect of valuation. In 2024, AMP Limited's yield was 2.73%, while in 2025 it's expected to be 3.66%.

When you're considering an investment, having access to reliable and current information is crucial. This is where our enterprise profiles come in, providing a comprehensive overview of the company's history, financials, and personnel.

Our profiles include key enterprise personnel, giving you insight into the people behind the company. This can be a valuable asset in understanding the company's direction and future plans.

The profiles also include subsidiaries, shareholders, and ownership structure, which can help you identify potential risks and opportunities. For example, if a company has a significant number of shareholders, it may indicate a more stable financial situation.

Here's a breakdown of what you can expect to find in our profiles:

Having this information at your fingertips can help you make faster, better business decisions, and our expert reports are thoroughly researched to ensure their reliability and accuracy.

AMP Limited has been making some significant moves recently. AMP Limited to Seek Acquisitions was announced on December 22.

The company has been busy with divestments as well. AMP Completes AMP Advice Divestment on December 1.

Here are some of the key details from the divestment:

Fitch Ratings has also been keeping an eye on AMP Limited's financial health. Fitch Assigns BBB+ Ratings to Australia's AMP, AMP Bank on November 14.

In other news, AMP's Platforms Assets Under Management Up 14% in Q3, and shares hit a four-year high on October 24.

AMP Limited has made some significant announcements in recent weeks.

AMP welcomes progress with advice reform, a development that was announced on December 4.

The company has also been working on simplifying superannuation, but complexities remain, as noted in a December 3 press release.

On the same day, AMP North launched household consolidated reporting across multiple clients for advisers.

The completion of the AMP Advice transaction was announced on December 1, marking a significant milestone for the company.

Fitch ratings updated their assessment of AMP on November 15, a move that was publicly disclosed.