Slide 1: Financial results 2022
APRIL 2023 Financial results 2022 ELIXIRR INTERNATIONAL PLC REGISTERED IN ENGLAND AND WALES 11723404
Slide 2: Contents
Elixirr International plc 2 Contents 01 04 CEO Introduction Business Review 02 05 Executive Summary Summary & Outlook 2022 03 Financial Performance
Slide 3: Contents: CEO Introduction
Elixirr International plc 3 Contents 01 CEO Introduction 2022
Slide 4: CEO introduction: continued ability to scale and diversify
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 4 2022 proved Elixirr’s continued ability to scale and diversify, with another year of both strong revenue and profit growth for the firm. This year also continued to demonst
Slide 5: Contents: Executive Summary
Elixirr International plc 5 Contents 02 Executive Summary 2022
Slide 6: Proven track record of growth
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 6 Proven track record of growth The success of our growth strategy has been well 3 Acquisitions completed since listing demonstrated since IPO, with the capacity to support o
Slide 7: CEO highlights FY 22
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 7 CEO highlights Experienced FY 22 2009 management team and Board driving a 13 Established Years of growth Elixirr is an established global award-winning management four-pill
Slide 8: FY 22 Financial Highlights
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 8 FY 22 Financial Highlights £70.7m £23.2m £20.5m 29% Total revenue Gross Profit Adjusted EBITDA Adjusted EBITDA margin FY 21: £50.6m (+40%) FY 21: £17.7m (+31%) FY 21: £15.7
Slide 9: Contents: Financial Performance
Elixirr International plc 9 Contents 2022 03 Financial Performance
Slide 10: Proven track record of performance
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 10 Proven track We have a historic track record of growth with high margins since 2009, which has been accelerated since IPO by our record of • Revenue CAGR of 39% from FY 18
Slide 11: Overall revenue growth
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 11 Overall revenue growth Our focus on growing existing relationships and bringing on new clients resulted in +18% underlying organic growth in FY 22. FY 22 Performance • Und
Slide 12: Growing, high-performing Partner team
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 12 Growing, high-performing Partner team Our four-pillar growth strategy Consistent performance demonstrates the effectiveness of our four-pillar growth strategy, resulting i
Slide 13: Cash generative business, with no debt
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 13 Cash generative business, Free cash flow Cash balance with no debt £14.6m £20.4m +7% from FY 21 As at 31 December 2022 FY 22 Cash flow £50m £15.7m Debt (excl. office lease
Slide 14: Continued strong balance sheet
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 14 Continued strong balance sheet £m FY 22 FY 21 Comments Increase due to goodwill and intangibles on acquisition Intangible assets 83.6 56.2 of iOLAP, net of amortisation of
Slide 15: 4x Enterprise Value for 22% dilution
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 15 4x Enterprise Value for 22% dilution EV Assumptions for £1bn EV by 2028 The value created from our equity incentive schemes far outweighs the potential dilutive effect. 25
Slide 16: Contents: Business Review
Elixirr International plc 16 Contents 04 Business Review 2022
Slide 17: MBB level quality with boutique level agility
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 17 MBB level quality with Selection of our clients boutique level agility The quality of MBB The agility of a boutique 1 Rated 32% better than our competition 1 Highly rated
Slide 18: A diverse client base
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 18 A diverse client base We focus on building long term, trusted relationships with our diverse client base - Gold clients by industry, geography & capability. 17 FY 22 Top 1
Slide 19: Growing a talented global team
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 19 Growing a talented 500+ global team Global employees Equity Incentive Schemes Have resulted in an overall 21% increase in retention since launch.* Key areas with opportuni
Slide 20: Our M&A track record
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 20 Our M&A track We have an M&A track record of acquiring high quality boutique firms that provide complementary capabilities and access to new markets. +£16m record Elixirr’
Slide 21: Inorganic growth prospects
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 21 Inorganic growth prospects We have a strong pipeline of target firms to enhance our inorganic growth. Since listing in 2020 we have dedicated significant focus to our inor
Slide 22: Contents: Summary & Outlook
Elixirr International plc 22 Contents 05 Summary & Outlook 2022
Slide 23: A world-class leadership team, driving future performance
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 23 A world-class leadership team, driving future performance. Stephen Newton Gavin Charlotte Simon Founder & CEO Patterson Stranner Retter 25+ years in the consulting industr
Slide 24: A strong outlook
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International plc 24 A strong outlook FY 23 Outlook Q1 revenue Thanks to the momentum the firm built in FY 22, and the investments made in each of the firm’s four growth 52% absolute growth pi
Slide 25: Disclaimer
Elixirr International plc 25 Disclaimer This presentation, which has been prepared by, and is the sole responsibility This Presentation does not purport to be a complete description of the of, Elixirr International plc (the "Company"), has been prepared solely in Company’s business or results. No un
Slide 26: officers, employees, agents, affiliates, representatives or advisers No representation is being made that any
Elixirr International plc 26 officers, employees, agents, affiliates, representatives or advisers No representation is being made that any investment will or is likely to undertakes or agrees any obligation to update or revise any forward-looking achieve profits or losses similar to those achieved i
Slide 27: A carefully curated collection of premium business services
APRIL 2023 A carefully curated collection of premium business services. All in one place. We’re a firm of entrepreneurs, building and running our own businesses. Together. You’ve heard of the challenger banks? We’re The Challenger Consultancy. ELIXIRR INTERNATIONAL PLC | REGISTERED IN ENGLAND AND WA