4imprint Group Plc · LSE:FOUR
4imprint — FY2024 Earnings Presentation
16 slides from 4imprint's earnings presentation, 2025
Slide 1: Full Year Results 2024
4i ; mprint: Full Year Results 2024
Slide 2: Highlights
KEVIN LYONS-TARR, CEO Highlights
Slide 3: Results Summary
Results Summary Revenue Operating profit Basic EPS $1.37bn $148.1m 416.3c 3% 9% 10% Total paid and Cash and bank deposits proposed regular DPS Proposed special DPS $147.6m 240.0c 250.00c 2023: $104.5m 2023: 215.0c 2023: Nil Full Year Results 2024 2
Slide 4: Financial Review
DAVID SEEKINGS, CFO Financial Review 3
Slide 5: Income Statement
Income Statement • Revenue +3% o H1 +5%; H2 +1% reflecting market conditions o US $1,342.7m; UK $25.2m 2024 2023 • Gross profit +8% $m $m o Improvement in YOY GP% to ~32% o Carefully targeted sell price adjustments Revenue 1,367.9 1,326.5 3% o Manageable supplier cost increases Gross profit 435.4 40
Slide 6: Balance Sheet
Balance Sheet 2024 2023 $m $m Fixed assets 49.6 35.2 • Fixed asset additions $19.6m o Mostly Oshkosh DC expansion, including Right-of-use assets 4.2 11.4 expanded solar array o Embroidery, DTG and IT equipment Goodwill 1.0 1.0 Deferred tax assets 3.2 3.8 • Right-of-use-assets and lease liabilities r
Slide 7: Cash Flow
Cash Flow 2024 2023 $m $m At start of period 104.5 86.8 • Highly cash generative business model Operating profit 148.1 136.2 o Strong operating profit o Efficient working capital profile Share option non-cash charges 1.6 1.1 o Cash conversion of 96%, even after large Pension admin costs paid by Plan
Slide 8: Operational Review
KEVIN LYONS-TARR, CEO Operational Review 7
Slide 9: Market
Market ASI Industry Sales North America 2005 - 2024 $bn • Industry sales of $26.6bn increased 1.8% over 2023 representing 28.0 26.6 continued market softness 25.8 25.8 26.1 26.0 24.7 23.6 23.2 • Industry revenue only slightly above 24.0 22.9 2019; industry order volume remains 21.5 22.0 22.0 20.5 20
Slide 10: Marketing Effectiveness
Marketing Effectiveness US and Canada Acquired and Retained % 60% 90,000 • Total marketing spend $173.7m, an increase of 9% over 2023 80,000 50% 70,000 • Revenue per marketing dollar $7.88 vs. $8.30 in 2023, driven by a 40% 60,000 combination of testing higher levels of marketing spend as well as th
Slide 11: Operational Update
Operational Update Supply chain • No material supply chain issues in the year, strong support from our supplier partners. • As in 2018-2019, we will work closely with our supplier partners to effectively navigate tariff implications. Team • Made planned investment in key appointments at the leadersh
Slide 12: Operational Update
Operational Update Oshkosh DC Expansion • Project completed on time and on budget, operational in Q3; total now 470k sq. ft. • Provides necessary space for embroidery, DTG and DTF capacity to support growth in the apparel category. • Solar array at our Oshkosh distribution centre expanded to match t
Slide 13: Operational Update
Operational Update • Our Better Choices® programme continues to grow, representing $403m in revenue ($310m in 2023). Significant progress has been made with the Better Materials designation within the programme reaching $204m in revenue ($144m in 2023); an important component of our longer-term emis
Slide 14: Summary & Outlook
Summary & Outlook The Group delivered a strong financial performance in 2024, continuing to outperform the promotional products market as a whole and thereby taking further market share. In the first two months of 2025 revenue at the order intake level was slightly down compared to the same period i
Slide 15: Appendix
Appendix 4 (D> Sal 4 ‘| 4 imprint. Aifprint” imprint:
Slide 16: Results Summary
Results Summary Revenue ($m) Operating profit ($m) 1,326.5 1,367.9 1,140.3 148.1 136.2 787.3 102.9 560.0 30.6 4.0 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Basic EPS and DPS (cents) Cash and bank deposits – year end ($m) EPS DPS Special dividend 416.3 377.9 285.6 147.6 250.0 200.0 104.5 86.8