Pureprofile Ltd. · ASX:PPL
Pureprofile — H1 FY24 Earnings Presentation
24 slides from Pureprofile's earnings presentation, Feb 27, 2024
Slide 1: H1 FY24 Investor Presentation
H1 FY24 FEBRUARY 2024 Investor Presentation Presented by : Martin Filz - CEO Melinda Sheppard - CFO
Slide 2: Disclaimer
Disclaimer This document has been prepared by Pureprofile Limited (Pureprofile) and comprises written materials/slides for a presentation concerning Pureprofile. This is not a prospectus, disclosure document or offering document. This document is for information purposes only and does not constitute or
Slide 3: H1 Update
H1 Update Martin Filz & Melinda Sheppard 3 All results are presented on a continuing business basis, unless otherwise stated 03
Slide 4: H1 FY24 financial highlights
// H1//UPDATE CORPORATE STRATEGY H1 FY24 financial highlights Delivered a positive $41k Net Profit after Tax for H1 FY24 from the continuing business units, up from a Net Loss after Tax of ($386k) for H1 FY23 $4.5m reported cash balance at 31 December +111% continuing business NPAT 2023. Net cash from
Slide 5: H1 FY24 strategic achievements
// H1//UPDATE CORPORATE STRATEGY H1 FY24 strategic achievements Global business growth - Investment in new commercial team helping to generate revenue growth of 22% - Opened and expanded Indonesian sales office - US client now top 5 global client Platform - New Audience Builder partners: ShopBack in A
Slide 6: The Opportunity
// H1 UPDATE The Opportunity Top 5 largest markets - total insights industry Artificial Intelligence (AI): The most significant change in the Insights and Data space Opportunities for Pureprofile, include: ● Qualitative Research - AI enables conversational text to be analysed at speed. This means tradi
Slide 7: The Opportunity
// H1 UPDATE The Opportunity Since 2019 there has been notable net growth in the US and global insights industry Turnover and net growth United States Size of global insights industry Pureprofile (ASX: PPL) Investor Presentation // Copyright © 2024 Pureprofile Source: ESOMAR Global Market Research 202
Slide 8: Pureprofile's Growth Journey
// H1 UPDATE Pureprofile’s Growth Journey 2024 - 2026 2020 - 2023 Accelerate global growth Increase revenues and margin by providing end to 2020 ● Invest in people, panels & tech end solutions directly to clients ● Build an integrated suite of products, services and ● Replicated successful Australian
Slide 9: What We Did & Who We Were in 2020
// H1//UPDATE CORPORATE STRATEGY What We Did & Who We WERE in 2020 I N S C I Pureprofile L Panels G H Managed I Services T S Products Platform E Audience Builder Direct Platform & proprietary Direct Panels N Services technology Services A U Insights T Builder D Partner Panel Network I S E N Access to
Slide 10: What We Do & Who We Are in 2023
// H1//UPDATE CORPORATE STRATEGY What We Do & Who We ARE in 2023 I N S C I Managed Pureprofile L Services Panels G H I APIs APIs T Platform S Products E Insights Audience Builder Builder Platform & proprietary Panels N technology A Direct Direct Services Services U T D Audience Partner Panel Intellig
Slide 11: What We Will Do & Who We Plan to Be in 2025
// H1//UPDATE CORPORATE STRATEGY What We Will Do & Who We PLAN TO BE in 2025 I Managed Services N Pureprofile S C Panels I Insights L Builder G APIs H I APIs Audience Builder T Platform Audience Panels S Products Intelligence E Direct Platform & proprietary N Services technology A Qualitative Direct
Slide 12: H1 FY24 Financial Performance
H1 FY24 Financial Performance 12 Pureprofile (ASX: PPL) Investor Presentation // Copyright © 2024 Pureprofile 12
Slide 13: Delivered an inaugural Net profit after tax result in H1 FY24
// FINANCIAL PERFORMANCE H1 FY24 Business Results H1 FY24 vs H1 FY23 Delivered an inaugural Net profit Revenue $24.0m 8% after tax result in H1 FY24 EBITDA (excl. significant items) $2.4m 6% Net Profit after Tax $0.0m 111% Net Profit after Tax of A$41k, up 111% on pcp, delivering an inaugural NPAT posit
Slide 14: Delivered a Net Profit after Tax in H1 FY24
// FINANCIAL PERFORMANCE H1 FY24 Business Net Profit/(Loss) after tax $m Delivered a Net Profit after Tax in H1 FY24 After several years of reinvestment deployed in growing a global business we have achieved an inaugural Net Profit after Tax in H1 FY24 Statutory NPAT for H1 FY24 was A$4k. The discontin
Slide 15: Business revenue up 8% on prior year
// FINANCIAL PERFORMANCE H1 FY24 Business revenue up 8% on Business revenue strong with growth prior year ($m) of 8% in H1 FY24 8% 28% ● Rest of World - Revenue growth of 22% on pcp (main driver of the H1 revenue growth), with significant revenue growth in India +92%, SEA +56% and EU +11% on pcp, res
Slide 16: Business EBITDA up 6% on prior year
// FINANCIAL PERFORMANCE H1 FY24 Business EBITDA up 6% on prior year EBITDA growth of 6% on pcp and ($m) EBITDA margin of 10% 6% Continuing business EBITDA (excluding significant items) growth of 20% ● 6% on pcp benefiting from strong revenue growth, improved gross margins and rigorous management of e
Slide 17: Financial metrics trends
// FINANCIAL PERFORMANCE H1 FY24 Financial metrics trends +18% 3-year CAGR +42% 3-year CAGR +114% 3-year CAGR +23% 3-year CAGR Pureprofile (ASX: PPL) Investor Presentation // Copyright © 2024 Pureprofile 17
Slide 18: Full year statutory profit reconciliation
// FINANCIAL PERFORMANCE H1 FY24 Full year statutory profit reconciliation Period Ending 31 December 1H FY24 1H FY23 EBITDA (excluding significant items) $2.4m $2.2m Statutory NPAT for H1 FY24 was A$4k. The discontinued business Less: Pure.amplify recorded expenses in Q1 of (A$37k) resulting in NPAT f
Slide 19: Balance sheet
// FINANCIAL PERFORMANCE H1 FY24 Period Ending 31 December 2023 30 June 2023 Cash and cash equivalents $4.5m $4.7m Trade and other receivables $9.7m $7.5m Balance sheet Other assets $2.6m $2.6m Total Current Assets $16.8m $14.8m Closing cash balance of $4.5m down on 30 June 2023 by $200k with cash b
Slide 20: Cash flow (inc discontinued business units)
// FINANCIAL PERFORMANCE H1 FY24 Period ending 31st December H1 FY24 H1 FY23 Cash flow (inc discontinued Receipts from customers $23.2m $24.8m business units) Payments to suppliers and ($21.6m) ($24.2m) employees Interest and other financing ($0.3m) ($0.1m) Net operating cash flows of $1.2m in H1 FY24,
Slide 21: FY24 Financial Guidance
// FINANCIAL PERFORMANCE H1 FY24 // CORPORATE STRATEGY FY24 Financial Guidance Revenue Guidance $46m to $51m EBITDA Margin % (excl. significant items) Guidance 7% to 9% Including the impact of the Company’s short-term performance incentives (STI’s) for Key Management Personnel and Executives to be pa
Slide 22: Key Priorities for H2 FY24 and Beyond
// FINANCIAL // CORPORATE PERFORMANCE STRATEGYH1 FY24 Key Priorities for H2 FY24 and Beyond AI Internal Processes - Utilising AI to increase internal efficiencies, client speed and lower costs Client facing solutions - Building AI-enabled revenue generating solutions and selling to our AI 800+ clients
Slide 23: Summary
// LOOKING FORWARD Summary Delivered a positive A$41k Net Profit after Tax for H1 FY24 Record continuing business half-yearly revenue and EBITDA (excl. significant items) achieved in H1 FY24 International business continuing to grow faster than the ANZ growth rate Highly loyal and satisfied employees a
Slide 24: Contact
// CONTACT Contact 263 Riley Street Surry Hills NSW 2010 Australia +61 2 9333 9700 info@pureprofile.com business.pureprofile.com This presentation has been authorised for release to the ASX by the Board of Directors. Martin Filz Melinda Sheppard Chief Executive Officer Chief Financial Officer martin@purep