Slide 1: Interim Results
Interim Results 6 months ended 30th September 2022 Brendan Mooney (CEO) Richard McCann (CFO) 14 November 2022
Slide 2: Safe harbour statement
Safe harbour statement This document contains statements about Kainos Group plc that are or may be forward-looking statements. Forward-looking statements include statements relating to (i) future capital expenditures, expenses, revenues, earnings, synergies, economic performance, indebtedness, finan
Slide 3: Contents
Contents 1. Business Overview 2. Divisional Performance 3. Financial Performance 4. Looking Ahead For more information visit kainos.com/investor-relations 3
Slide 4: Business Overview
Business Overview kaines’
Slide 5: Business Overview
Business Overview We have an excellent position in long-term, high-growth markets MARKET CAGR MARKET CAGR MARKET CAGR £2.4b 28% £1.1b 50% £0.4b 42% £75m £117m £123m £162m £200m £14m £23m £37m £49m £71m £8m £11m £19m £24m £32m FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22
Slide 6: Expertise at a global scale
Expertise at a global scale @ a Ae 7: . N ETFL | X INHS Tripadvisor Capital “Life Financial match $ m | stripe cc ne KION Home Office PUMA sreanans HM Government croup @ ms concardis °s ae Booking.com rs | hopif New yay WE nets group @ Cabinet Office Ingo shopity Beg 2 Q\eeuri Foreign, Commonweath ®
Slide 7: Highlights
Highlights Continued growth with increasing Workday opportunity and international scale Services +44% • Continued demand • Doubled investment in H1 23 £48m H1 22 £34m across all business areas Workday Products as we progress towards £100m • Workday Phase 1 Partner ARR target in the US +26% Digital W
Slide 8: Our people
Our people We are building an exceptionally talented and engaged workforce Working remotely Working in the office Connecting in person People 22 Global Locations Engagement +20% 86% Employee Retention FY19 1,470 FY20 1,715 UK & Ireland 2,104 +19% #38 FY21 2,024 Central Europe 453 +12% FY22 2,692 Ame
Slide 9: Our Customers
Our Customers Delivering value to our clients drives long-term relationships Existing Clients Commercial Sector Central Europe (1) New Clients £35m Public Sector North America £68m Healthcare £35m £28m £48m £10m £24m £23m £30m £17m £18m £111m £21m £21m £106m £63m £19m £92m £90m £13m £133m £155m £200
Slide 10: Our responsibilities
Our responsibilities Being responsible towards our people, customers, communities and planet Andy is one of 98 people who are Aislinn McBride, Everywoman The Royal Couple meet some switching to electric vehicles CTO of the Year finalist of our 2022 EAYL graduates Climate Action Gender Equality Quali
Slide 11: Divisional Performance
Divisional Performance kaines’
Slide 12: Digital Services
Digital Services Strong revenue growth Revenue(1) Bookings Backlog with significant pipeline +17% -7% -9% and backlog H1 23: £111m H1 23: £117m H1 23: £139m H1 22: £94m H1 22: £126m H1 22: £152m Revenue trend Public sector / +21% to £62m FY19 £52m £66m £117m Commitment to existing digital programmes
Slide 13: UN International Organization for Migration case study
UN International Organization for Migration “You are indeed trailblazers in this space and have much to teach the rest of the UN community” Marietta Muwanga-Ssevume, CIO, UN IOM The IOM is responsible for the orderly and humane management of migration and to provide humanitarian assistance to migran
Slide 14: Workday Services
Workday Services Exceptional growth in Revenue(1) Bookings(2) Backlog revenue, bookings and +44% +125% +136% backlog and appointed H1 23: £48m H1 23: £81m H1 23: £83m Phase 1 partner for US H1 22: £34m H1 22: £36m H1 22: £35m Revenue trend Americas / +101% to £26m FY19 £10m £13m £23m US Phase 1 Prim
Slide 15: Kion Group case study
“Kainos understood our business challenges and knew how to navigate our complex organisation to ensure a successful deployment.” Sylvia Broenig, Global Head of HR IT at Kion Group • World-leading providers of industrial trucks and supply chain solutions, German HQ with 36,000 employees located acros
Slide 16: Workday Products
Workday Products Exceptional growth in revenue, ARR and backlog as Revenue(1) ARR(2) Backlog we increase investment and +45% +58% +37% expand our product portfolio H1 23: £21m H1 22: £14m H1 23: £44m H1 22: £28m H1 23: £86m H1 22: £63m on our £100m ARR journey Revenue trend Increased Investment / +9
Slide 17: Capital One case study
“We can now run 40,000+ test cases in Payroll in just a matter of hours. To have that confirmation that everyone will get paid, on time, and the right amount, that’s huge for us.” - Shelly McKee-Sutton, Workday Platform Lead Architect at Capital One • Fortune 500 company and the 6th-largest consumer
Slide 18: Financial Performance
Financial Performance kaines’
Slide 19: Group Income Statement
Group Income Statement Digital Services: Income Statement Revenue growth varies by sector • Public: +21% £m H1 23 H1 22 Change • Commercial: +51% Revenue 179.8 142.3 +26% • Healthcare: -2% Gross profit 83.8 67.4 +24% Gross Margin % decreased by 2% • Utilisation returning to pre-pandemic levels Direc
Slide 20: Balance Sheet and Cashflow
Balance Sheet and Cashflow Balance Sheet: Balance Sheet Fixed assets and investments As at 30 Sept (£m) H1 23 H1 22 Fixed assets and investments 18.6 17.3 • IT, office equipment, investments etc. £7.9m (H1 22: £5.9m) Goodwill and Intangible assets 25.8 17.0 • IFRS16 leases capitalised £2.4m (H1 22:
Slide 21: Looking Ahead
Looking Ahead
Slide 22: Outlook
Outlook We have strong positions in fast-growing, resilient, international markets Digital Services Workday Services Workday Products UK leader in delivering Continue to outpace Achieve £100m of SaaS digital transformation underlying market growth recurring revenue by 2026 Market Drivers Market Driv
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