Financial Services

Oberon Investments Group plc

  • Market Cap (£m) 19.1
  • Listing AQUIS

Analysts

Company Description

Oberon Investments Group is a financial services boutique with activities spanning wealth management & planning, private ventures, corporate advisory and fund administration. It was founded in 2018 by Simon McGivern (CEO) and listed on the Aquis Stock Exchange (ASE) in 2021. Oberon's management has built a unique business model that has benefitted from investment in new infrastructure and technology. Each business has substantial growth potential, but the connectivity across the businesses is a key differentiator and revenue driver for Oberon.

Investment Summary

Intensive investment in challenging capital markets has created a differentiated business model, positioned well in a consolidating sector. Investment is driving strong growth in funds under management & administration (FUMA) and in revenue. FY23's results reflected commitment and vision to continue investing in subdued markets, which supports management's expectation of over 65% revenue growth in FY24. We forecast a point of inflection when Oberon's operational gearing will drive strong EBITDA growth in FY25 and FY26.

Recent Content

    Initiating coverage: A unique proposition

    28/07/2023 Oberon Investments Group plc

    Oberon Investments Group is a wealth management & planning, private ventures and corporate advisory boutique. A recently acquired […]

More Content

Company Management Team

  • Simon McGivern

    Chief Executive Officer

    Simon started his professional career at Panmure Gordon Asset Management in 1996 where he worked in the wealth management division for six years. He focused on investment management and financial analysis. In 2002, Simon left the City. He founded a number of companies, including Handpicked Companies, an ecommerce venture, which he grew substantially and exited via a trade sale to News Corp in 2014. Simon also founded Litebulb Group in 2008, which went from two people and in the first year of trading to 100 staff and £25m in sales when he left in 2015. During his time there, Simon executed six acquisitions, raised over £10m in funding and led its IPO on AIM in 2010. Additionally, Simon was a founder director of Cleeve Capital plc (now Bigblu Broadband) and oversaw its IPO on the Standard List in December 2014 and the reverse takeover of Satellite Solutions Worldwide. He also set up and is a director of Map Ventures in 2015, a corporate advisory firm. Simon founded Oberon in November 2018 and led the acquisition of M.D. Barnard. He is regulated by the FCA as SMF1 Chief Executive and SMF3 Executive Director.

  • Galin Ganchev

    Financial Director

    Galin started his career with PwC and qualified as a chartered accountant in 2014. During his time at PwC, Galin provided a variety of services, ranging from audit to consulting, to insurance and investment management companies. Over time, Galin shifted his focus to the growing fintech sector, where he helped companies implement good processes and controls to allow them to scale and support their fast growth. In 2018, Galin moved to Octopus Investments where he was appointed the Head of Risk and Compliance of Octopus Labs, Octopus’ fintech division. Alongside this, Galin worked on several strategic projects for the wider business and prior to leaving was overseeing the strategic and operational growth of Octopus Ventures. Galin joined Oberon as Finance Director in May 2023.

Key Dates

Jul 2022
28th
Finals
Actual
Sep 2022
22nd
AGM
Actual
Dec 2022
30th
Interims
Actual
Jul 2023
28th
Finals
Actual
Sep 2023
21st
AGM
Actual
Dec 2023
28th
Interims
Actual
Jun 2024
13th
Q4 TU
Actual
Jul 2024
25th
Finals
Estimate
Sep 2024
21st
AGM
Estimate
Dec 2024
28th
Interims
Estimate
Jun 2025
13th
Q4 TU
Estimate