Bgsf, Inc. · NYSE:BGSF

Bgsf — BG Staffing — LD Micro Conference 2014

28 slides from Bgsf's conference presentation, Dec 3, 2014

  1. Slide 1: BG Staffing, Inc. LD Micro Conference December 3, 2014

    1 BG Staffing, Inc. LD Micro Conference December 3, 2014

  2. Slide 2: Forward-Looking Statements

    2 Forward-Looking Statements This presentation contains forward-looking statements regarding the business, operations and prospects of BG Staffing and industry factors affecting it. These statements are identified by words such as “may,” “will,” “begin,” “look forward,” “expect,” “believe,” “intend,

  3. Slide 3: Agenda

    3  BG Staffing, Inc. Overview  Operational Strategy  How Have We Done  U.S. Industry Forecast  Highlights  Questions Agenda

  4. Slide 4: BG Staffing, Inc. Overview

    i 4 le. oe BG STAFFING, INC. ee BG Staffing, Inc. Overview

  5. Slide 5: National provider of temporary staffing services

    5  National provider of temporary staffing services  Provides staffing services to a variety of industries through Light Industrial and Professional divisions (Professional includes IT and Multifamily services).  Since ‘09 management has led on-going growth & geographic/services diversification 

  6. Slide 6: Operational Strategy

    6  Diversify operations:  Different skill sets.  Different geographies.  Maintain centralized back office:  Target costs between 2-2.5% of revenue.  Grow profitable revenue:  Organically.  Acquisition-with strong management. Operational Strategy

  7. Slide 7: Light Industrial Primary Skills Offered

    7  Forklift Drivers  Pickers/Packers  Production workers  Light Assembly  Light Manufacturing  General Labor Light Industrial Primary Skills Offerred

  8. Slide 8: Light Industrial Geography

    8 Light Industrial Geography Colorado Kansas New Mexico Arizona California Oklahoma Texas Missouri Louisiana Mississippi Alabama Georgia Florida South Carolina North Carolina Tennessee Kentucky Virginia West Virginia Michigan Ohio Indiana Illinois Iowa Wisconsin Minnesota Arkansas Nebraska Wyoming S

  9. Slide 9: Multifamily Primary Skills Offered

    9  Manager  Assistant Manager  Leasing Agent  Bilingual Leasing Agent Maintenance  Supervisor  Lead (HVAC)  Assistant  Maker Ready  Grounds Keeper  Porter Office Multifamily Primary Skills Offerred

  10. Slide 10: Multifamily Geography

    10 Multifamily Geography Colorado Kansas New Mexico Arizona California Oklahoma Texas Missouri Louisiana Mississippi Alabama Georgia Florida South Carolina North Carolina Tennessee Kentucky Virginia West Virginia Michigan Ohio Indiana Illinois Iowa Wisconsin Minnesota Arkansas Nebraska Wyoming South

  11. Slide 11: IT Staffing Primary Skills Offered

    11  Many modules such as  Sales & Distribution  Supply Chain  Materials Management  Production Planning  Business Warehouse  Finance & Cost Accounting  Human Capital Management  Add ons such as  Vistex, Qlickview, Workday Oracle Gold Partner  Hyperion  Oracle Business Intelligence  Peop

  12. Slide 12: IT Staffing Geography

    12 IT Staffing Geography Colorado Kansas New Mexico Arizona California Oklahoma Texas Missouri Louisiana Mississippi Alabama Georgia Florida South Carolina North Carolina Tennessee Kentucky Virginia West Virginia Michigan Ohio Indiana Illinois Iowa Wisconsin Minnesota Arkansas Nebraska Wyoming South

  13. Slide 13: Accretive Acquisitions

    13 Accretive Acquisitions Include: 2010 – BG Staffing (Purchase Price: $3M; LTM COH $3.75M) Multifamily Staffing 2011 – Extrinsic (Purchase Price: $9.95M; LTM COH $2.21M) IT Staffing including SAP® and related SAP® add-ons. 2012 – American Partners (Purchase Price: $13.32M; LTM COH $3.65M) IT Staffi

  14. Slide 14: Consolidated Revenue Trend

    14 $35,044 $39,778 $50,120 $76,759 $151,678 $173,671 $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 2009 2010 2011 2012 2013 LTM Consolidated Revenue Trend 13.5% 26.0% 53.2% 97.6% (000)’s 14.5% 2009 - 2013 CAGR 41.4%

  15. Slide 15: Consolidated Adjusted EBITDA Trend

    15 $1,507 $2,013 $3,014 $5,489 $10,829 $12,026 $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 2009 2010 2011 2012 2013 LTM Consolidated Adjusted EBITDA Trend 33.6% 49.7% 82.1% 97.3% 11.1% (000)’s 2009 - 2013 CAGR 62.7%

  16. Slide 16: Consolidated Revenue Mix

    16 46% 34% 20% 2014 YTD Industrial IT Multifamily 44% 40% 16% 2013 YTD Industrial IT Multifamily Consolidated Revenue Mix

  17. Slide 17: Consolidated COH Mix

    17 34% 38% 28% 2014 YTD Industrial IT Multifamily 26% 46% 28% 2013 YTD Industrial IT Multifamily Consolidated COH Mix

  18. Slide 18: 2014 YTD Multifamily Operations

    18 Revenue is up 48.0%. $25,968 $17,548 $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 Revenue Current Last Contribution is up 26.2%. $3,308 $2,622 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 COH Current Last 2014 YTD Multifamily Operations (000)’s

  19. Slide 19: 2014 YTD IT Staffing Operations

    19 Revenue is up 2.9%. $44,054 $42,806 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 Revenue Current Last COH is flat. $4,452 $4,458 $4,400 $4,500 COH Current Last 2014 YTD IT Staffing Operations (000)’s

  20. Slide 20: 2014 YTD Light Industrial Operations

    20 Revenue is up 25.9% primarily due to the acquisition of InStaff. $59,853 $47,258 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 Revenue Current Last COH is up 50.9% due to the acquisition of InStaff. $3,919 $2,597 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 COH Cur

  21. Slide 21: US Staffing Industry Forecast

    21 US Staffing Industry Forecast

  22. Slide 22: U.S. Staffing Industry Forecast – Market Size

    22 $105.4 $112.6 $117.9 $124.4 $132.1 $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 2011 2012 2013 2014P 2015P U.S. Staffing Industry Forecast – Market Size ($B) Source: Staffing Industry Analysts: U.S. Staffing Industry Forecast Update September 16, 2014 6% 6% 5% 7% 14%

  23. Slide 23: U.S. Staffing Industry Forecast by Segment

    23 $15.6 $59.2 $49.6 $17.1 $63.1 $51.9 $- $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 Place & Search Professional/Specialty Commercial 2015P 2014P 2013 U. S. Staffing Industry Forecast ($B) 5% 2014 Growth 2015 Growth Source: Staffing Industry Analysts: U.S. Staffing Industry Forecast Update September

  24. Slide 24: U.S. Temporary Staffing Segment Categories

    24 • Professional/Specialty – IT – Healthcare – Finance/Accounting – Engineering/Design – Legal – Clinical/Scientific – Marketing/Creative – Education/Library – Other • Commercial – Office Clerical – Industrial U.S. Temporary Staffing Segment Categories Source: Staffing Industry Analysts: U.S. Staff

  25. Slide 25: Correlation of Economy and Staffing

    25  “Growth in the staffing industry is strongly correlated with GDP growth”, according to research from Staffing Industry Analysts (October 30, 2014). Correlation of Economy and Staffing

  26. Slide 26: Key October Indicators

    26  Temp penetration rate reaches another new high of 2.107% in October.  Economy added 214,000 jobs.  Unemployment rate fell to 5.8%.  College-level unemployment rate (proxy for professional employment) rose to 3.1%. Key October Indicators Source: Staffing Industry Analysts: November 7, 2014

  27. Slide 27: Highlights

    27  Plan to continue profitable growth:  With strong management, and  A proven business model. Highlights

  28. Slide 28: Contacts

    28  Contacts  Investor Relations:  Terri MacInnis, VP of IR  Bibicoff + MacInnis, Inc.  818-379-8500  terri@bibimac.com  Company:  Michael Rutledge, CFO  BG Staffing, Inc.  972-692-2422  mrutledge@bgstaffing.com

BG Staffing — LD Micro Conference 2014 on 6ix