Slide 1: FY 2022 Results
FY 2022 RESULTS Wednesday 31 August 2022
Slide 2: Strong Result for FY22
STRONG RESULT FOR FY22 Positive trends evident across all financial performance metrics for FY22 ▪ Revenue of $449.8 million, h$66.1m or 17% on pcp* (FY22 and FY21 52wk) ▪ Revenue for H2 $230m, up $10.2m (5%) on H1 ▪ Organic growth with existing and new clients continues ▪ EBITDA of $18.7 million, h
Slide 3: FY22 Results Continue Prior Trends
FY22 RESULTS CONTINUE PRIOR TRENDS REVENUE FY17 - FY22 EBITDA FY17 - FY22 20.0 18.7 500.0 449.8 18.0 450.0 383.7 16.0 15.25 400.0 332.8 336.8 14.0 350.0 314.7 287.6 12.0 300.0 9.7 250.0 10.0 9.1 8.0 200.0 8.0 5.7 150.0 6.0 100.0 4.0 50.0 2.0 - 0.0 FY17 FY18 FY19 FY20 FY21 FY22 FY17 FY18 FY19 FY20 FY
Slide 4: Improving Labour Hire Profitability
IMPROVING LABOUR HIRE PROFITABILITY REVENUE by Division FY17 - FY22 500.0 450.0 ▪ Labour Hire FY22 Revenue h$64m (17%) 400.0 9.7 11.5 ▪ Growth in all businesses except Concept 350.0 6.7 7.3 300.0 25.5 Engineering 250.0 8.0 438.3 ▪ Largest growth in Action Workforce hours 200.0 326.1 329.5 374.0 150.
Slide 5: Business Growth Overview
BUSINESS GROWTH OVERVIEW 302 Internal Staff up 32 or 12% 1 24 Offices up 1 782 Customers up 98 or 14% 5 6,000 + Weekly Workers up 400 or 7% 3 1 4 2 1 6.8 Years Tenure Top 20 Customers up 0.8 years 7 Fully Integrated Labour Hire/Recruitment & Training provider 5
Slide 6: Labour Hire & Recruitment: Multi Branded approach
Labour Hire & Recruitment: Multi Branded approach covering all of our Customer’s Temporary & Permanent employment needs ▪ Horticulture ▪ Transport & ▪ Production / Logistics Process ▪ Manufacturing ▪ Maintenance ▪ Trades ▪ Construction ▪ Engineering ▪ Technical ▪ Permanent ▪ Fixed term Recruitment C
Slide 7: Training: RTOs operating across VIC, WA & QLD
TRAINING: 4 RTOs operating across VIC, WA & QLD with the TIC RTO operating nationally 34 Qualifications offered across both the ASH Pty Ltd traditional Training operations and the RTO 20749 newly acquired The instruction Company ▪ Business, Business ▪ Data & Voice Vocational Training Admin Communica
Slide 8: Consolidated Statement of Profit or Loss and Other Comprehensive Income
Consolidated Statement of Profit or Loss and Other Comprehensive Income For the financial year ending 3 July 2022 Restated* FY22 FY21 * Note: During the year ended 3 July 2022, management $000 $000 identified an under provisioning of current employee entitlements for labour hire employees, which spa
Slide 9: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position As at 3 July 2022 Restated* Restated* FY22 FY21 FY22 FY21 $000 $000 $000 $000 Assets Liabilities Current assets Current liabilities Cash and cash equivalents 1,739 2,969 Trade and other payables 30,843 27,391 Trade and other receivables 54,968 44,421 Borr
Slide 10: Notice and Disclaimer
Notice and Disclaimer Purpose and Date: This presentation contains general background information about the activities of Ashley Services Group Limited ABN 92 094 747 510 (“ASH”) as at 31 August 2022 (“Presentation Date”). No financial advice: The information in this presentation does not constitute