Ignite Limited · ASX:IGN
Ignite — Shareholder Meeting (November 2019)
9 slides from Ignite's shareholder meeting presentation, Nov 19, 2019
Slide 1: Ignite Limited Annual General Meeting
IGNITE LIMITED Annual General Meeting 19 November 2019
Slide 2: Agenda
Agenda 1 Overview 2 Strategy Update 3 FY19 Year in Review 4 Lloyd Morgan China 5 FY20 Trading Update 6 Q&A Page 2
Slide 3: Overview
1 | Overview Operations Across Australia & New Zealand Business Divisions >$145 million Specialist Recruitment Revenues 1 ▪ Contingent labour ▪ Permanent recruitment Quality clients Diversified by size and sector (Government, On Demand IT Services 2 corporates and SME) ▪ Delivery of information tech
Slide 4: Strategy Update
2 | Strategy Update ▪ Retain existing clients and grow our share of “customer wallet”. ▪ Focus on acquiring commercially viable customers. Strategic Focus ▪ Grow into new complementary industry sectors and functional verticals that are matched with our capabilities. ▪ 100% focus on Australian & New
Slide 5: FY19 Year in Review (1 of 2)
3 | FY19 Year in Review (1 of 2) Profit and Loss and Cashflow Metrics Balance Sheet Metrics ▪ Revenue decreased 16.1% to $152,900k ▪ Net assets decreased 37.0% to $8,872k from $14,075k (2018: $182,203k) ▪ Cash balance declined 53.7% to $1,287k ▪ Gross profit decreased 18.5% to $25,832k (2018: $2,782
Slide 6: FY19 Year in Review (2 of 2)
3 | FY19 Year in Review (2 of 2) On Demand Specialist Recruitment People Services IT Services ACT ▪ FY19 revenue grew ▪ Record profit (before ▪ Another exceptional year of strong performance with FY19 profit 15.9%. corporate overheads) up (before corporate overheads) up 80.3% on last year. ▪ Profit
Slide 7: Lloyd Morgan China
4 | Lloyd Morgan China FY19 FY20 Divestment ▪ Very challenging with ▪ Weak trading conditions ▪ An internal review recommended divestiture of revenue declining by have continued with YTD the China business. 37.8% on prior year. loss of $895k. ▪ A complex legal and regulatory environment ▪ Moved to l
Slide 8: FY20 Trading Update
5 | FY20 Trading Update ▪ ACT continuing to deliver and enjoying strong business momentum. ▪ New NSW General Manager appointed and expected to make a significant contribution. Specialist ▪ New VIC General Manager to be appointed. Recruitment ▪ QLD profitable with various options currently being eval
Slide 9: Thank you. Questions?
Thank you. Questions? Page 9