Adsure Services Plc · AQUIS:ADS
Adsure Services — Investor Presentation (September 2024)
22 slides from Adsure Services's investor presentation, September 2024
Slide 1: Investor Presentation
Investor Presentation Adsure Investor Presentation September 2024
Slide 2: Disclaimer
Disclaimer The information contained in this confidential document (the “Presentation”) has been prepared by Adsure Services PLC (the “Company”) solely to provide information to persons who have expressed an interest in investigating the possibility of investing in the Company. This Presentation has
Slide 3: The Team
The Team Kevin Limn Victoria Davies Chief Executive Officer Chief Finance Officer Kevin is the CEO of the Group with over 17 years’ Victoria is an FCCA qualified accountant and experience in internal audit, risk management has worked at TIAA for over 20 years. Victo- and governance in a variety of s
Slide 4: Investment Highlights
Investment Highlights Recurring Revenue: Adsure Services generates Government-funded Partners: Adsure Services recurring revenue from long-term contracts with works with organisations including the NHS, government funded organisations emergency services and housing associations Revenue Visibility: C
Slide 5: Corporate Structure
Corporate Structure • Adsure Services plc is the parent holding company of TIAA • TIAA began operations in 1995 • Adsure Services listed on the AQUIS Exchange 100% ownership in 2023 Adsure Services Investor Presentation | 5
Slide 6: Our Mission, Our Values, Our Vision
Our Mission Working with our stakeholders to provide assurance and advisory services in a complex world. Our Values Our Vision To provide every organisation Respect for the individual, with the knowledge and tools to collaboration with the manage risk. organisation, sustainability for the planet, ex
Slide 7: Risk & Assurance, Risk & Advisory
Adsure Services’ operating subsidary, TIAA Ltd, provides internal audit services focusing on its clients’ needs, offering clear and concise advice and guidance that adds value. Risk & Assurance Risk & Advisory Internal Audit Compliance Anti-Crime (Fraud) Advisory Services Grant Funding Scrutiny Serv
Slide 8: Our History
Our History TIAA began in 1995 as an inhouse In 2013, TIAA built a presence in In the five years from 2014 to 2019, internal audit function for a consortium of the Healthcare sector through the TIAA made a series of smaller regulated social housing providers acquisition of Parkhill complimentary acq
Slide 9: Four Industry Categories
Four Industry Categories Healthcare Housing Education Government Trusts, foundation Social Housing, Universities, further Central government, trusts, integrated care Supporting housing, education colleges, local authorities and boards and private community mutuals, MATs and schools. emergency servic
Slide 10: Revenue Generation
Revenue Generation * for the year ended 31 March 2024 Adsure Services Investor Presentation | 10
Slide 11: Long-Term Contracts
Long-Term Contracts 85% Recurring Revenue 2-5 years Typical Contract Length Adsure Services Investor Presentation | 11
Slide 12: Growth Strategy
Growth Strategy A market portfolio-driven growth strategy Organic Enter New Enhance Growth Markets Technology Adsure Services Investor Presentation | 12
Slide 13: Organic Growth
Organic Growth Deliver existing • Provide existing clients a wider range of TIAA services • Harness deep ‘critical friend’ relationships customers additional • Improve awareness of additional and complimentary services services • Identifying and bidding for government-funded organisation tenders Win
Slide 14: Entering New Markets
Entering New Markets Adsure Services has identified new markets to expand the reach of our current services New New Cross-Cutting Geographies Industry Advisory Sectors Delivering our Delivering our Engage with existing services to existing services organisations to organisations in new to organisati
Slide 15: Enhancing Technology
Enhancing Technology Adsure Services’ operating subsidiary TIAA received an Innovate UK grant to assist the development of a Generative AI Large Language Model (LLM). Utilising open source artificial intelligence technology, Adsure Services is designing an proprietary AI tool to help government-fund
Slide 16: Final Results Overview - Key financials
Final Results Overview - Key financials FY2024 Revenue FY2024 Profit before Tax FY2024 EBITDA +3.4% +72% +33% To To To £9.31m £0.47m £0.88m (FY2023: 8.99m) (FY2023: 0.27m) (FY2023: 0.66m) Maiden Dividend FY 2024 EBITDA Margin FY2024 Profit for the Year 0.49p Paid April 2024 9.4% +7.6% Final Dividend
Slide 17: Revenue Growth
Revenue Growth • Sector-led approach to the development of new business for existing and potential clients • Strong opening orderbook • Significantly advanced discussions with 3.5% new and existing clients, underpinning the revenue expectation for 2024/25 FY2024 revenue growth vs FY2023 Adsure Servi
Slide 18: EBITDA & PBT Growth
EBITDA & PBT Growth • Tight cost control measures led to higher profitability • Overcame challenges hiring experienced staff 33% 72% • Higher revenue fed directly into profitability FY2024 EBITDA growth vs FY2023 FY2024 PBT growth vs FY2023 Adsure Services Investor Presentation | 18
Slide 19: Dividends
Dividends • TIAA has long history of paying dividends to shareholders • Adsure Services’ maiden interim dividend of 0.49p per share paid April • Proposed final dividend of 0.99p subject to approval at this year’s AGM Adsure Services Investor Presentation | 19
Slide 20: Leadership Team
Leadership Team Kevin Limn Victoria Davies Jeffrey Zitron Peter Hammond Harriet Llewelyn-Davies OBE Chief Executive Officer Chief Finance Officer Non-Executive Chairperson Non-Executive Director Independent Non-Executive Director Kevin is the CEO of the Group with over Victoria is an FCCA qualified
Slide 21: Summary & Outlook
Summary & Outlook Recurring revenues generated from long-term contracts with government-funded organisations Received an Innovate UK grant to assist the development of a proprietary Generative AI Large Language Model (LLM) tool to deliver better outcomes for our clients Maiden interim dividend paid
Slide 22: Thank you
Thank you Adsure Investor Presentation September 2024
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