Kip Mcgrath Education Centres Limited · ASX:KME
Kip Mcgrath Education Centres — Shareholder Meeting (November 2021)
13 slides from Kip Mcgrath Education Centres's shareholder meeting presentation, Nov 16, 2021
Slide 1: Presentation to the Annual General Meeting
For personal use only Presentation to the Annual General Meeting Kip McGrath Education Centres Ltd 16 November 2021 1
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Kip McGrath Education Centres Limited (Company). Disclaimer Statements in this presentation are made only as at 16 November 2021 and the information in this To the maximum extent permitted by law, the Company disclaims all respo
Slide 3: 2021 Financial Year Highlights
2021 Financial Year Highlights For personal use only Seeing growth in areas coming out of lockdown FY2021 Revenue of $19.3m, up 12.6% compared to prior FY2020 year Focus is on transforming from a franchise only face to face tuition business, to a multi-channel, blended learning global tutoring busin
Slide 4: June 2021 Profit Commentary
30 June 2021 Profit Commentary For personal use only Stable EBITDA of $5.1M in FY2021 Profit after tax of $1.7M (up 10%) despite COVID-19 lockdowns Marketing of $3.5M spent to maintain leading brand awareness (up 25%) to grow faster when conditions return to normal for face to face tutoring Wages &
Slide 5: Network Revenues
Network Revenues Global Online Network Revenues* of A$32.6M up 129% FY2021 Global Network Revenues* of A$85.1M down 1% For personal use only United Kingdom / Europe Network Revenues A$43.0M Down 2% Online Lessons A$21.3m Up 172% USA - Tutorfly Acquired Q1 FY2022 Africa / Middle East Australasia A$4.
Slide 6: Online Tutoring now standard
Online Tutoring now standard Online Network Revenues from Online Lessons ($m) Tutoring For personal use only 35 30 Growth 25 COVID-19 has changed market Online Lesson Network Revenue 20 Network revenues* from online $million tutoring have grown significantly 15 to $32.6M (up 129%) 10 We expect onlin
Slide 7: Tutorfly Acquisition
Tutorfly Acquisition For personal use only Purchased a 70% stake in the US based business Tutorfly.com (‘Tutorfly’) in September Tutorfly is an incubator tutoring business concentrating on the peer-to-peer section of the market, which achieved rapid growth during its initial start-up phase Technolog
Slide 8: Corporate Centres Channel
Corporate Centres Channel For personal use only Corporately owned centres have grown significantly with the addition of 8 centres. This has allowed us to consolidate the regional online services into each hub We now have Corporate Centre hubs operating in key markets in • Sydney (5 centres, with Kel
Slide 9: Corporate Centres Channel
Corporate Centres Channel For personal use only 9
Slide 10: Franchise Channel
Franchise Channel For personal use only Lesson demand strong where markets have emerged from lock down. Number of weekly lessons now returned to pre-Covid levels and growing New franchise sales remain reasonable with 16 sold during the year. Buyer interest increasing due to our blended learning opti
Slide 11: Technology & IP
Technology & IP For personal use only The platform remains very stable with the higher online tutoring lesson numbers Centre Management Software upgrade launched for use by all centres, with a more flexible platform, allowing increasing efficiencies to be rolled out to Centres Implementation of new
Slide 12: Q1 FY2022 Update
Q1 FY2022 Update For personal use only Business now seeing a strong uplift in UK and Australian markets, with 8% lesson growth rates compared to last year Revenue tracking 21% higher than prior year, driven significantly by Corporate Centre transitions Working to execute contracts for the purchase o
Slide 13: Outlook
Outlook For personal use only We expect the business to continue to focus on growth opportunities worldwide to increase our lesson numbers Progressing the corporate centres strategy to increase revenue and profit, aiming for a similar number of new centres in the coming year Leveraging technology to
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