Fdm Group (holdings) Plc · LSE:FDM
Fdm Group (holdings) — FY2022 Earnings Presentation
18 slides from Fdm Group (holdings)'s earnings presentation, March 2023
Slide 1: Results for the year ended 31 December 2022
Results for the year ended 31 December 2022
Slide 2: Group headcount, retention and training highlights
4,905 97.3% 97.3% 97.5% 96.1% 94.8% 3,924 4,033 3,747 3,580 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 2018 2019 2020 2021 2022 +22% +0.2ppts. vs 2021 vs 2021 3,179 542 519 2,410 474 2,155 2,115 428 306 1,341 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 -4% +32% vs 2021 vs 2021 ppts. (percentage points
Slide 3: Headcount by region and active clients
2,500 4,905 3,747 3,924 4,033 21% 2,000 3,580 10% 13% 22% 6% 1,500 5% 7% 18% 6% 8% 33% 32% 32% 27% 1,000 30% UK 500 53% 48% 45% 40% 44% NA - Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 2018 2019 2020 2021 2022 EMEA Headcount increased across all regions during 2022 NA headcount increased by 48% during the ye
Slide 4: Group financial KPIs
54.5 52.0 38.8 37.3 330.0 51.2 36.3 46.7 33.2 271.5 267.7 267.4 42.0 28.8 244.9 +23% +11% +12% vs 2021 vs 2021 2018 2019 2020 2021 2022 vs 2021 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 36.0 21.6 34.5 33.0 30.0 25.0% 28.0 23.3% 22.7% 23.2% 23.5% 12.7 10.0 6.4 7.5 +9% +70% +0.3ppts. 2018 2019
Slide 5: North America and UK regional results
NA 2020 2021 2022 22 vs 21 22 vs 20 UK¹ 2020 2021 2022 22 vs 21 22 vs 20 Consultants deployed 1,086 1,095 1,618 48% 49% Consultants deployed 1,574 1,806 1,958 8% 24% Training Completions 520 661 1,319 99% 154% Training Completions 414 1,035 1,063 3% 157% Revenue £97.1m £81.4m £116.9m 44% 20% Revenue
Slide 6: EMEA and APAC regional results
EMEA¹ 2020 2021 2022 22 vs 21 22 vs 20 APAC 2020 2021 2022 22 vs 21 22 vs 20 Consultants deployed 287 252 318 26% 11% Consultants deployed 633 880 1,011 15% 60% Training Completions 96 197 223 13% 132% Training Completions 311 517 574 11% 85% Revenue £23.9m £25.0m £19.7m (21%) (18%) Revenue £30.0m £
Slide 7: Revenue and headcount by region
330.0 3,179 16% 18% 271.5 267.7 267.4 6% 2,410 244.9 8% 7% 11% 15% 7% 2,155 2,115 7% 9% 21% 6% 9% 8% 5% 14% 36% 8% 8% 35% 41% 34% 36% 30% 38% 1,341 27% 33% 23% 7% 50% 42% 39% 53% 46% 44% 49% 44% 34% 45% 31% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 UK NA EMEA APAC Page 6
Slide 8: Client revenue by industry sector
Banks 52% 53% 53% Diversified Financials 15% 13% 14% Insurance 6% 7% 7% Government 8% 6% 6% Software & IT Services 5% 7% 5% Commercial & Professional Services 1% 3% 4% Energy 4% 3% 3% Media & Entertainment 3% 3% 3% Consumer Services 1% 1% 1% Health Care Equipment & Services 1% 1% 1% Other 4% 3% 3% •
Slide 9: Consultant diversity, Armed Forces Covenant and Returners
2019 2020 2021 2022 10% 1,000+ former service personnel 440+ returners 13% 20% placed on-site to date placed on-site to date 24% 2021 2022 2021 2022 26% 36% 196 211 156 220 43% • Supporting and transitioning • Supporting and training 44% former service personnel into individuals returning after tech
Slide 10: Emissions and sustainability
81 2 1 of our 2022 UK Consultants 2 Intensity ratio of: Scope 1, 2 and 3 emissions per employee (tCO2e) Page 9
Slide 11: Training courses offered
Business Analysis Foundation FDM Software Testing Foundation FDM Business Intelligence Foundation FDM Robotic Process Automation Foundation FDM* Project Management ice Foundation FDM* Risk, Regulation and Compliance Foundation FDM Software Development Foundation FDM“ TechOps Foundation FDM“
Slide 12: Strategic Alliances and Partnerships
Strategic Alliances and Partnerships DD. _ Microsoft — servicenow. » api ss FE <ICINO. Page 11
Slide 13: FDM Recognition
-Y FDM Recognition “ VY R IND ot® Sy S CIAL MOBILITY F_UNDATION' WEST YORKSHIRE N APPRENTAWARDS N Page 12
Slide 14: Summary
Summary fe) FDM delivered a good performance in 2022, with strong growth inConsultant | numbers and accelerated investment in recruitment, training and other programmes ’ that will help to underpin the future of the group Consultant headcount up 22% from 2021 year-end, with growth observed in every
Slide 15: Consolidated income statement
2022 2021 £'000 £'000 Revenue 329,972 267,356 Cost of sales (174,353) (140,641) Gross profit 155,619 126,715 Administrative expenses (109,772) (84,700) Operating profit 45,847 42,015 Finance income 418 58 Finance expense (604) (650) Net finance expense (186) (592) Profit before income tax 45,661 41,
Slide 16: Consolidated statement of financial position
2022 2021 £'000 £'000 Non-current assets Right-of-use assets 10,073 11,631 Property, plant and equipment 3,666 4,069 Intangible assets 19,729 19,597 Deferred income tax assets 2,316 2,484 35,784 37,781 Current assets Trade and other receivables 48,923 35,841 Cash and cash equivalents 45,523 53,120 9
Slide 17: Consolidated cash flow statement
2022 2021 £'000 £'000 Cash flows generated from operations 49,665 52,147 Interest received 418 58 Income tax paid (13,665) (10,606) Net cash inflow from operating activities 36,418 41,599 Cash flows from investing activities Acquisition of property, plant and equipment (1,204) (368) Net cash used in
Slide 18: Forward-looking statements
Forward-looking statements This report contain statements which constitute “forward-looking statements”. Although the Group believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to be correct. Because