Slide 1: HiTech Personnel: Excellence in Recruitment & Consulting
For personal use only HiTech Personnel Excellence in Recruitment & Consulting September 2015
Slide 2: Investor Overview
Investor Overview For personal use only • Strong growth in FY15 • The market is showing signs of improvement and the outlook remains positive • Long term trends toward growing demand for skilled ICT professionals, large scale IT transformation projects and increased use of contract staff in ICT is b
Slide 3: About HiTech
About HiTech For personal use only • HiTech is a specialist recruitment and consulting firm operating primarily in Information and Communications Technology (ICT) as well as Office Support, Finance and Sales & Marketing • Operating for 22+ years with a proven business model and multiple ‘preferred s
Slide 4: FY15 Results
FY15 Results For personal use only • Revenue of $15.1m (up 88%) and Gross Profit of $3.2m (up 163%) • Operating PBT (ex Investments) of $2.1m (up 1800%) • Permanent placement revenue up 17%, contracting revenue up 89% • $1.8m cash at 30 June 2015. No debt. • NTA of 12c • Well positioned to benefit f
Slide 5: HiTech Client Base (partial)
HiTech Client Base (partial) For personal use only
Slide 6: Historical Performance
Historical Performance For personal use only Revenue Gross Profit NPBT ex Investments $16m $12m $8m $4m $m FY11 FY12 FY13 FY14 FY15 • We have remained consistently profitable despite difficult market conditions • Market has been volatile in recent years but we are seeing signs of improvement • FY15
Slide 7: Investments
Investments For personal use only • Investments in ASX-listed securities (all ASX200) have hidden the underlying profitability of the core business in recent years • We are focused on growing the core business and have no intention of making further investments • HiTech remains in a strong net cash
Slide 8: Intent on Improving Returns to Shareholders
Intent on Improving Returns For personal use only to Shareholders PE Multiple 25x 20x 15x 10x 5x x • Source: Company research • The current share price does not accurately reflect the value of HiTech (ASX:HIT) • We are intent on improving returns to shareholders through an ongoing focus on growing t
Slide 9: Signs of Improving Market Conditions
Signs of Improving Market For personal use only Conditions • We are noticing improving market conditions, reflected in a very strong 2H15 and full year result • ICT, the core of HiTech’s business, remains resilient with ongoing demand for developers, IT project managers and skilled IT professionals
Slide 10: Outlook
Outlook For personal use only • We remain positive on the outlook for HiTech, assuming continued improvement in market conditions • There is plenty of room for growth as HiTech remains a small player in a very large market with a proven business model and long term relationships with clients in the