Dhi Group, Inc. · NYSE:DHX

Dhi — Q1 2022 Earnings Presentation

25 slides from Dhi's earnings presentation, May 7, 2022

  1. Slide 1: Q1 2022 Investor Presentation

    NYSE: DHX Q1 2022 Investor Presentation May 4, 2022

  2. Slide 2: Forward looking statements

    Forward looking statements This presentation and oral statements made from time to time by our recruitment packages, cyclicality or downturns in the economy or industries we representatives contain forward-looking statements. You should not place undue serve, the potential impact of COVID-19 on our

  3. Slide 3: Our vision: indispensable career marketplaces

    Our vision is to create indispensable career marketplaces to match the highest quality candidates with the right client career opportunities. 3

  4. Slide 4: Technology Growth Contributing to Economic Expansion

    Technology Growth Contributing to Economic Expansion U.S. job growth for high-tech and creative industries Percent Growth from 2007 Source: U.S. Bureau of Labor Statistics and CBRE Research, August 2021 4

  5. Slide 5: Technology talent in demand

    Technology talent in demand Companies globally rely on tech talent to advance innovation Digital job capacity* worldwide from 2020 to 2025 190M 1M Privacy and trust 6M Cyber security 149M 127M 20M Data analysis, machine Job Capacity new jobs learning and AI 90M by 2025 66M 23M Cloud and data roles 5

  6. Slide 6: Why DHX

    Why DHX Tech sector employment Our unique candidate DHI is on track to Millions of is anticipated to grow matching tool is a achieve substantial candidate profiles by double digit rates must for recruiters revenue growth amassed over 30 this decade years 6

  7. Slide 7: DHI company overview

    DHI company overview Year-end Listed HQ 12/31 NYSE: Denver, CO Diluted shares outstanding DHX (2007) Est. 1990 47M Q1 FY22 financial results (ended March 31, 2022) Subscription Employees Revenues Bookings1 clients 470 8,177 $34.3M up 29% YoY $50.7M up 32% YoY Adjusted EBITDA2 Adjusted EBITDA Margin2

  8. Slide 8: DHI business model elements

    DHI business model elements Clients ~90% 69% Fee for job ads subscription of annual and profile/ based revenue contracts CV views paid upfront 104% Candidates revenue Free access to renewal rate platforms 8 *Metrics are Q1 2022 for combined Dice and ClearanceJobs

  9. Slide 9: $86M Tech Candidate Marketplace

    2021 Revenue $86M 80,000+ Commercial accounts Tech Candidate Subscription clients Growth opportunity 18,000 6,249 Staffing, Recruiting, Marketplace Consulting Firms 9

  10. Slide 10: $34M Cleared Professionals

    2021 Revenue $34M 10,000+ Cleared employers Cleared Professionals Subscription clients Growth opportunity 100+ 1,928 Marketplace Government agencies 10

  11. Slide 11: DHX created the career marketplace

    DHX created the career marketplace From job board to marketplace DHI Career Marketplace Identify talent Engage Interview Hire 11

  12. Slide 12: DHI skills mapping finds the best candidate

    DHI skills mapping finds the best candidate Data wrangling Tech recruiting is all about the unique skills required Data analysis by a position and the candidate profile Statistical Computer vision models Data science Data mining Neuroscience Artificial DHX has spent 9+ years creating a data model th

  13. Slide 13: Job postings are all about skills

    Job postings are all about skills 20-30 skills indicated in each job posting Senior Software Engineer Education, Experience • Bachelor’s degree in MIS, Computer Science, • Experience with Git (Bitbucket a plus) Computer Engineering or related discipline or • Experience mentoring and providing techni

  14. Slide 14: IntelliSearch

    IntelliSearch Paste entire job description, instead of title, to return results Algorithmic search powered by predictive analysis, artificial intelligence + machine learning Relevance results prioritize fit (skills and adjacent skills) over quantity and candidates likely- to-switch Click Image Above

  15. Slide 15: Continuous product innovation

    Continuous product innovation Unbiased Quality of Use Time Zone Sourcing Live Video Improvements Search Mode Q1 ‘22 Q1 ‘22 Q4 ‘21 Q4 ‘21 Shared Talent Team TalentSearch Brand.io Pipelines Recruiting Personalization Q3 ‘21 Q3 ‘21 Q3 ‘21 Q2 ‘21 15

  16. Slide 16: 2022 Go-to-market transformation

    2022 Go-to-market transformation Dice Strong Sales + Expansion Activation of ClearanceJobs marketplace Marketing of Dice additional engages evolution leadership Commercial marketing government Accounts Team channels + accounts awareness campaigns 16

  17. Slide 17: Dice Bookings Momentum

    Dice Bookings Momentum As compared to Q1 2021 New Business bookings1 Renewal rate on revenue $5.5M (+66% from Q1 2021) 104% (+22 points from Q1 2021) Total bookings1 $3.7M Renewal rate on count Retention % (+32% from Q1 2021) 86% (+15 points from Q1 2021) 114% (+17 points from Q1 2021) 17 1See defin

  18. Slide 18: DHI bookings

    DHI bookings Quarterly bookings ($ in millions) Dice ClearanceJobs Dice Renewal Rate CJ Renewal Rate $36.8 110% $35 $29.0 100% $30 $27.9 $25.9 90% $25 $21.4 $19.2 $20.2 80% $20 $16.1 $14.7 $13.9 70% $15 $9.7 $10.6 $10.3 $9.4 60% $10 $7.3 $7.6 $7.6 $6.5 $5 50% $0 40% Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q

  19. Slide 19: DHI revenues

    DHI revenues Quarterly revenues ($ in millions) Dice ClearanceJobs Total revenues $33.7 $34.3 35 $30.8 $29.4 $28.7 30 $27.6 $27.1 $27.0 $26.7 $24.4 $24.6 25 $22.5 $22.3 +29% YoY $20.5 $19.8 $20.6 $19.4 $19.1 20 15 $9.4 $9.7 +27% 10 $7.6 $7.6 $8.1 $8.5 YoY $6.9 $7.1 $7.3 5 0 Q1 2020 Q2 2020 Q3 2020 Q

  20. Slide 20: Profitability

    Profitability Quarterly adjusted EBITDA Margin1 Adj. EBITA Margin 28 25% 25 22% 22% 22 21% 21% 21% 20% 19% 19% 19 16 13 10 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Business Outlook Managing the business to an Adjusted EBITDA Margin at or near 20%. 20 1 Notes regarding

  21. Slide 21: Liquidity snapshot

    Liquidity snapshot Strong operating cash flow in Q1 2022 Operating cash flow & Capex ($ in millions) Debt & cash ($ in millions) Operating cash flow Capex Debt Cash $37.0 $37.0 $37.0 $12.9 $33.0 $27.8 $27.5 $26.8 $9.2 $23.0 $7.1 $20.0 $20.0 $6.4 $6.3 $18.0 $16.0 $4.3 $4.1 $4.4$4.1 $4.2 $3.7 $3.9 $4.

  22. Slide 22: DHX investment summary

    DHX investment summary Tech market for online recruitment tools is growing Tech market focus plays to our innovation in collecting Connecting + mapping skills Demonstrated success of product innovation with Futures Now ClearanceJobs Leadership team drives functional strength + focus NYSE:DHX Set up

  23. Slide 23: Supplemental data - customer data (unaudited)

    DHI Group, Inc. Supplemental data - customer data (unaudited) Dice Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Bookings1 (in millions) $29.0 $16.1 $14.7 $19.2 $27.9 $20.2 $21.4 $25.9 $36.8 Recruitment Package Customers 5,850 5,450 5,300 5,150 5,200 5,441 5,770 6,004 6,249

  24. Slide 24: Notes regarding the use of non-GAAP financial measures

    Notes regarding the use of non-GAAP financial measures Notes Regarding the Use of Non-GAAP Financial Measures (affecting interest expense) and tax positions (such as the impact on periods or companies of changes in effective tax rates or net The Company has provided certain non-GAAP financial inform

  25. Slide 25: Supplemental data - non-GAAP (unaudited)

    DHI Group, Inc. Supplemental data - non-GAAP (unaudited) (Dollars in millions) Q1 Q2 Q3 Q4 Full Year1 Q1 Q2 Q3 Q4 Full Year1 Q1 2020 2020 2020 2020 2020(1) 2021 2021 2021 2021 2021(1) 2022 Reconciliation of Net Income to Adjusted EBITDA Net Income (loss) $ (6.6) $ 1.9 $ (27.3) $ 2.0 $ (30.0) $ 2.7 $

DHI Group — Q1 2022 Earnings Presentation on 6ix