Kinatico Limited · ASX:KYP
Kinatico — Investor Presentation (March 2022)
23 slides from Kinatico's investor presentation, Mar 8, 2022
Slide 1: Employment screening and workforce compliance solutions
Employment screening and workforce compliance solutions CV Check Limited (ASX:CV1) Investor update | March 2022 Michael Ivanchenko, CEO Authorised by CV Check Disclosure Committee cvcheck.com INVESTOR PRESENTATION | 1
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by CV Check Ltd (‘CV Check’). To the extent permitted by law, CV Check and its respective officers, The information in this presentation is of a general nature and does employees, agents and advisers give no warranty, representation or not purport to be
Slide 3: CV Check Limited (ASX:CV1): Advanced solutions for complex problems
CV Check Limited (ASX:CV1) Advanced solutions for complex problems CV Check Ltd was founded in 2004 with a vision of bringing an easy to use, online solution to Australian background screening. Over the past 17 years, the CVCheck 2004 platform has transformed the way background screening services ar
Slide 4: CV Check’s corporate milestones
CV Check’s corporate milestones 2004 2007 2015 2016 2021 2022 CV1 acquires Real-time Compliance First online platform CV1 acquires Bright People Monitoring completed Is launched Resume Check NZ Technology and launched CV Check is founded CV Check lists on the ASX H1 Revenue $1.1M $7M $17.4M $12.8M I
Slide 5: CV Check half year highlights
CV Check half year highlights $12.8M H1 revenue (PcP $7M) $1.2M SaaS revenue. ($0 PcP) 64% Gross margin (finished last year at 59%) $1.2M Net Cash Inflow from operating Activities ($1.0M FY20/21) $12.2M Cash at bank No external financing INVESTOR PRESENTATION | 5
Slide 6: CV Check’s growth across key metrics
CV Check’s growth across key metrics Real-time compliance 81% of revenue from monitoring released 54% of revenue repeat customers from Police Checks* to market versus 70% last year Average checks per order up 12% 11% growth of B2B revenue now 84% * Australian Police Checks INVESTOR PRESENTATION | 6
Slide 7: CV Check’s growth plans
CV Check’s growth plans @CV Check GROW Phase 1 Phase 2 CONSOLIDATE INNOVATE CV Check/BPT Integration Execution COMPLETED International expansion TODAY Compliance monitoring Pre-Employment Growth screening Potential INVESTOR PRESENTATION | 7
Slide 8: CV Check’s real-time compliance monitoring solution
CV Check’s real-time compliance monitoring solution How we make a significant difference to real-time compliance monitoring: ✓ Monitored compliance provides a real-time view of compliance status in an organisation ✓ It monitors and verifies that people have been identified and have the required cred
Slide 9: CV Check is digitising workforce compliance
CV Check is digitising workforce compliance @CV Check From this……. Traditional retrospective approach Recording Investigation Reporting Investigation Credential Issue Incident Audit Issue Report New Process Provided ✓ Manual systems only identify failures after an incident occurs ✓ Reporting may red
Slide 10: CV Check is digitising workforce compliance
CV Check is digitising workforce compliance @CV Check …….To this Real-time approach Real-time Monitoring Alert and Management ✓ Compliance status updated continuously by the Credential Provided Potential Issue Intervention workforce and monitoring in Real-time ✓ Organisations have instant visibility
Slide 11: The future of workforce compliance
The future of workforce compliance INVESTOR PRESENTATION | 11
Slide 12: CV Check’s integrated real-time compliance monitoring platform
CV Check’s integrated real-time compliance monitoring platform @CV Check Individuals can ✓ Verify digital identity ✓ Verify externally issued licences ✓ Use across multiple organisations and workplaces ✓ Manage conformance to meet internal requirements as they arise Mobile passport for workers Monit
Slide 13: Real-time compliance monitoring of your workforce
Real-time compliance monitoring of your workforce @CV Check SaaS ✓ Simple per worker, per month fee ✓ Includes typical external credential verifications ✓ Compliance reporting and full audit trail of compliance status ✓ Query and analyse workforce data for capability status and training planning ✓ F
Slide 14: CV Check’s plans for passport and digital ID game changer
CV Check’s plans for passport and digital ID game changer @CV Check ✓ We are launching a digital credential passport ✓ The passport will be free to users ✓ The passport will include an Australian Gov recognised digital ID (TDIF certified) ✓ The passport stores credentials and allows the owner to sha
Slide 15: CV Check contract with Hireup
CV Check contract with Hireup | ASX announcement, February 2022 ✓ Hireup is Australia’s largest NDIS-registered online platform ✓ Hireup was built to change the way that people with disability find, hire and manage their support workers ✓ They have employed, trained and verified over 10,000 support
Slide 16: CV Check’s significant market opportunity
CV Check’s significant market opportunity 40 35 30 Cited provides solutions across 25 a number of the global compliance segments $ US billion 20 The Regulatory Technology sector alone is worth 15 US$10.4B globally 10 5 Sources HCM: Barnes Reports 2021 Global High Tech and Emerging Markets report CM:
Slide 17: CV Check’s markets and cost of compliance
CV Check’s markets and cost of compliance Organisations with less 2017 Compliance Spend (US$M) Cost of Compliance per Worker than 5000 workers and subcontractors spend over US$2500 per year per $4,000 Media person on compliance Education and Research $3,500 Retail $3,000 Public Sector Communications
Slide 18: Why compliance matters and the cost of compliance failure
Why compliance matters and the cost of compliance failure Non-compliance costs more than twice the cost of maintaining compliance Incident response costs businesses an average of $1 million Business disruption is the most costly consequence of non-compliance, with business losing $5 million on avera
Slide 19: Global approaches to reducing compliance costs
Global approaches to reducing compliance costs Regular audit effect on compliance cost Top 12 initiatives to reduce Compliance costs $30 Formal Compliance Charter $0.52 $26.70 program Certification $0.82 Delivered by $25 Real-time compliance Regulatory monitoring $1.03 monitoring ensures live compli
Slide 20: Australian target market by sectors
Australian target market by sectors Certain sectors have the clearest Other Services, 65500, 2% product need with clear recurring compliance monitoring requirements Public Administration and Safety, 97500, 3% Of all the workers in these sectors 3.6M are potential users Accomodation and Food Health C
Slide 21: Annual Revenue
Annual revenue by Australian key market penetration $200 $25/worker/month $180 $20/worker/month $160 Key product fit to market $140 3.6 million workers $120 Annual Revenue Millions $100 $10/worker/month $80 $60 Current CV Check market share of $40 pre-employment screening market $20 $- Market Penetr
Slide 22: Timeline
Timeline Consolidation and Grow the market reach Launch the International ongoing development of of compliance monitoring Digital passport expansion the screening business Ongoing Commenced - Hireup Launch Q4 Discussions underway INVESTOR PRESENTATION | 22
Slide 23: CV Check Limited (ASX:CV1)
CV Check Limited (ASX:CV1) Employment screening and workforce compliance solutions Investor and Media Enquiries Investor Relations Michael Ivanchenko The Capital Network Chief Executive Officer Julia Maguire Investors@CVCheck.com julia@thecapitalnetwork.com.au +61 2 8999 3699 Pre-employment Real-tim