Resources Connection, Inc. · NASDAQ:RGP

Resources Connection — Investor Presentation (August 2025)

23 slides from Resources Connection's investor presentation, August 2025

  1. Slide 1: Investor Presentation

    G L O B A L P R O F E S S I O N A L S E R V I C E S Investor Presentation. August 2025

  2. Slide 2: Forward-looking statements

    Within this presentation, we make “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to expectations concerning matters that are not historical facts. Suc

  3. Slide 3: Ideal Partner for Transformation

    Ideal Partner for FY25 Total $551M 10-Yr Return $412M Transformation. Revenue of Capital Business today is evolving in real time. AI is rewriting the rules of how work gets done. Transformation is Who We Serve Of Fortune 100 & 78% 88% Clients Across Regions North America, 1,600+ constant, and as cha

  4. Slide 4: Investment Highlights

    Robust Global Platform Investment Our global, award-winning talent network and loyal client partnerships continue to create repeatable, scalable growth Highlights. Enhanced Financial Performance Significant pricing upside through value-based At RGP, we've created a durable business with the right pr

  5. Slide 5: A Model That Stands Apart

    High Flexibility A Model That Stands Apart. Traditional Staffing Traditional consulting and staffing models weren't built for today's reality. RGP offers a model designed for Low Impact High Impact today's business challenges. Here's how it works: Traditional ▪ Flexible by Design: Consulting, on-dem

  6. Slide 6: RGP's High-Impact Solutions

    RGP's High-Impact Solutions. Clients often come to us for one solution and stay for more. We might start with finance transformation, risk, or compliance, then grow into digital, operations, and beyond. That's how we build long-term client value, energized teams, and diversified revenue streams. Per

  7. Slide 7: Our Edge? It's Our People

    59% Big 4 Experience Award-Winning 59% of Consultants Have Big 4, Big Award-Winning Talent in AI Consulting or Big Law Experience Innovation, EX & Tech Experiences Our Edge? It's 6 73% Our People. 16+ Yrs. Experience Years Avg. Tenure We've built a bench of seasoned In North America, Among Our Our E

  8. Slide 8: A Flexible Cost Model to Support Financial Agility

    Enhanced Financial Performance Our agile delivery team adjusts with revenue and reduces utilization risk, together with pricing upside A Flexible Cost position us for further gross margin expansion Model to Support Improving Cost Structure Our flexible incentive compensation model drives Financial A

  9. Slide 9: Strategic Capital Allocation

    Strategic Capital Strategic & Disciplined M&A Allocation. Strategic Acquisitions: With a strong track record of identifying and integrating accretive opportunities, we focus on acquisitions that add real value to our business & strengthen our position in the market. Growth Investments Capitalize on

  10. Slide 10: Results of Operations

    F I N A N C I A L H I G H L I G H T S Results of Operations. FY2021 FY2022 FY2023 FY2024 FY2025 ($ in thousands) Revenue $ 629,516 $ 805,018 $ 775,643 $ 632,801 $ 551,331 Revenue Growth Rate (10.5%) 27.9% (3.6%) (18.4%) (12.9%) Gross Margin 38.3% 39.3% 40.4% 38.9% 37.6% Adjusted SG&A Percentages(1)

  11. Slide 11: Segment Financial Measures

    F I N A N C I A L H I G H L I G H T S Segment Financial Measures. Q4 FY2025 ON-DEMAND EU /ASIA OUTSOURCED CONSULTING ALL OTHER TALENT PACIFIC SERVICES ($ in thousands) Revenue $ 52,962 $ 50,950 $ 21,342 $ 11,333 $ 2,753 Adjusted EBITDA(1) $ 6,385 $ 8,328 $ 1,930 $ 3,148 $ (118) Q4 FY2024 ON-DEMAND E

  12. Slide 12: Balance Sheets

    F I N A N C I A L H I G H L I G H T S Balance Sheets. FY2022 FY2023 FY2024 FY2025 ($ in thousands) Cash $104,224 $ 116,784 $ 108,892 $ 86,147 Current Assets $308,541 $ 264,066 240,755 $ 203,686 Total Assets $ 581,473 $ 531,999 $ 510,914 $ 304,688 Current Liabilities $ 124,322 $ 97,084 $ 72,433 $ 75,

  13. Slide 13: Cash Flow Generation

    F I N A N C I A L H I G H L I G H T S Cash Flow Generation. FY2022 FY2023 FY2024 FY2025 ($ in thousands) Cash from Operating Activities $ 49,444 $ 81,636 $ 21,919 $ 18,899 $100 350% 335% Normalized Free Cash Flow *(in Millions) $90 315% Normalized Free Cash Flow Conversion* Less: Capital Expenditure

  14. Slide 14: Investment Highlights

    Robust Global Platform Investment Our global, award-winning talent network and loyal client partnerships continue to create repeatable, scalable growth Highlights. Enhanced Financial Performance Significant pricing upside through value-based At RGP, we've created a durable business with the right pr

  15. Slide 15: Let's Connect

    | rgp.com Let's Connect. A red play button with black arrow A red x on a black background A red square with a black A red and black logo background Description automatically Description automatically generated Description automatically generated Description automatically generated generated Jenn Ryu

  16. Slide 16: Appendix

    Appendix. © 2025 Resources Connection, Inc. Confidential | rgp.com | 16

  17. Slide 17: Historical Segment Information

    Historical Segment Information. (Unaudited) THREE MONTHS ENDED MAY 25, AUGUST 24, NOVEMBER 23, FEBRUARY 22, MAY 31, ($ in thousands) 2024 2024 2024 2025 2025 Revenue On-Demand Talent $59,515 $52,473 $53,452 $47,089 $52,962 Consulting 56,236 55,025 60,643 52,597 50,950 Europe & Asia Pacific 19,507 17

  18. Slide 18: Consolidated Reconciling Information

    Consolidated Reconciling Information. THREE MONTHS ENDED (Unaudited) MAY 25, AUGUST 24, NOVEMBER 23, FEBRUARY 22, MAY 31, ($ in thousands) 2024 2024 2024 2025 2025 Consolidated net income (loss) $10,472 ($5,707) ($68,715) ($44,052) ($73,306) Adjustments: Amortization expense 1,330 1,485 1,569 1,407

  19. Slide 19: Segment Reconciling Information

    Segment Reconciling Information. THREE MONTHS ENDED (1) Unallocated items are generally comprised of (Unaudited) unallocated corporate administrative costs, including management and board compensation, corporate MAY 25, AUGUST 24, NOVEMBER 23, FEBRUARY 22, MAY 31, support function costs and other ge

  20. Slide 20: Reconciliation on Non-GAAP Measures

    Reconciliation on Non-GAAP Measures. Reconciliation of net income to Adjusted EBITDA FY2021 FY2022 FY2023 FY2024 FY2025 ($ in thousands) Net income (loss) $ 25,229 $ 67,175 $ 54,359 $ 21,034 $ (191,780) Adjustments: Amortization expense 5,228 4,908 5,018 5,378 5,880 Depreciation expense 3,897 3,575

  21. Slide 21: Reconciliation on Non-GAAP Measures

    Reconciliation on Non-GAAP Measures. Reconciliation of cash from operating activities to Free cash Flow and Normalized Free Cash Flow FY2021 FY2022 FY2023 FY2024 FY2025 ($ in thousands) Cash from operating activities $ 39,943 $ 49,444 $ 81,636 $ 21,919 $ 18,899 Less: Capital expenditures $ (3,846) $

  22. Slide 22: Reconciliation on Non-GAAP Measures

    Reconciliation on Non-GAAP Measures. Reconciliation of run-rate SG&A leverage FY2021 FY2022 FY2023 FY2024 FY2025 ($ in thousands) GAAP SG&A expense $209,326 $224,721 $228,842 $208,864 $202,024 Less: Stock-based compensation expense 6,613 8,168 9,521 5,732 6,754 Amortized ERP system costs – – – – 1,2

  23. Slide 23: Segment Reconciling Information

    Segment Reconciling Information. Three Months Ended MAY 25, % OF MAY 31, % OF (1) Segment Adjusted EBITDA Margin is calculated by dividing segment Adjusted EBITDA by segment ($ in thousands) 2024 REVENUE (1) 2025 REVENUE (1) revenue. (2) Unallocated items are generally comprised of Adjusted EBITDA:

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