Peoplein Limited · ASX:PPE
Peoplein — FY2022 Earnings Presentation
23 slides from Peoplein's earnings presentation, Aug 26, 2022
Slide 1: Annual Results FY22
Annual Results FY22
Slide 2: Business built on purpose
Business built on purpose To INspire excellence in our people 2
Slide 3: Highlights
Highlights: • FY22 performance ahead of guidance delivering $682.4m revenue and $47.2m EBITDA, with year-on-year growth of +53.6% and +23.9% respectively. • Strong organic growth contribution of +15.9% to revenue and +10.5% EBITDA. • Performance underpinned by our diverse reach into high demand and
Slide 4: FY22 Results
FY22 Results PeopleIN, the leading talent solutions business in Australia, is pleased to report another strong full year result. The positive performance is largely due to the diverse nature of business operations across growing employment markets. Normalised Normalised Revenue EBITDA NPATA $682.4m
Slide 5: Sustainable organic growth, bolstered by acquisitions
Sustainable organic growth, bolstered by acquisitions • Year-on-year organic growth contribution of +15.9% to revenue and +10.5% EBITDA • Entrepreneurial culture with a history of in-house organic brand development - FY22 saw the launch of AWX Executive and Next in Health • Strong acquisition capabi
Slide 6: Consistent delivery
Consistent delivery Revenue Growth ($m) EBITDA Growth ($m) 800 50 47.2 682.4 45 700 CAGR +27.6% CAGR +28.3% 38.0 40 600 35 444.4 28.7 500 30 374.2 400 25 300 278.2 20 17.8 192 219.2 15 13 200 10.3 123.7 145.6 8.2 8.9 10 100 5 0 0 FY15 Pro FY16 Pro FY17 Pro FY18 FY19 FY20 FY21 FY22 FY15 Pro FY16 Pro
Slide 7: Solid underlying results
Solid underlying results • $47.2m Normalised EBITDA, with organic growth $'000 FY22 FY21 Mvmt % contribution up +10.5% on FY21. Revenue 682,321 444,281 54% • Significant demand for employees across all sectors Normalised EBITDA 47,160 38,049 24% translated into record billing hours and placement Nor
Slide 8: Strong operating cash flow
Strong operating cash flow 99.5% of our EBITDA was converted to operating cashflow in FY22. Cash Conversion Jun-22 125% $ 100% CASH FLOWS FROM OPERATING ACTIVITIES 75% Receipts from customers 753,112,071 Payments to suppliers and employees (714,985,652) 50% Operating cashflow pre interest and taxes
Slide 9: Prudent capital management
Prudent capital management Debtors days decreased from 47 days at the end of FY21 to 33 days. • The Group balance sheet has strengthened overall by $27.7m, with FY22 FY21 net assets of $142.3m (June 2021: $114.6m). This is reflective of Net Debt (excluding lease liabilities) $ 71,389,876 25,249,600
Slide 10: Defensive employment sectors
Defensive employment sectors PeopleIN has a broad reach into high-demand and defensive employment sectors which provides mitigation against any potential changes in macroeconomic conditions. 2026 1 Sector Outlook Industrial & Specialist Services Professional Services • Strong demand outlook: +206,60
Slide 11: FY23-25 Strategy
PeopleiN FY23-25 Strategy Our purpose To INspire excellence in our people Who we are Australia’s largest ASX-listed talent solutions company. + 4,000+ businesses + 10,000 - 15,000 candidates payrolled per week + 26 brands/ {850+ internal staff Our | iatives solutions Our 360° talent Frontend busines
Slide 12: Outlook remains strong
Outlook remains strong • Low levels of unemployment and higher turnover of our clients’ employees driving demand for recruitment services. • Wage inflation driving higher margins for the business. • Our diversity of clients and critical demand for services, mean that the core business is resilient i
Slide 13: Highlights
Highlights: • FY22 performance ahead of guidance delivering $682.4m revenue and $47.2m EBITDA, with year-on-year growth of +53.6% and +23.9% respectively. • Strong organic growth contribution of +15.9% to revenue and +10.5% EBITDA. • Performance underpinned by our diverse reach into high demand and
Slide 14: Appendices
Appendices 14
Slide 15: Leading talent solutions business
Leading talent solutions business We connect more than 33,500 people to roles every year, and are uniquely structured to provide deeply specialist talent solutions at scale, across a broad range of sectors. Our Goal Our 360 talent solutions Security of Early client candidate supply engagement 15 Our
Slide 16: Business Snapshot
Business Snapshot Australia’s largest 26 brands, 850+ internal staff 55,000+ candidate pool listed talent solutions 40+ locations across Australia, 10,000 – 15,000 Candidates company NZ and Singapore payrolled every week 4,000+ 250+ businesses Apprentices and trainees employed ▶ Geographic and secto
Slide 17: Business Performance - Health & Community
Business Performance - Health & Community Billed Hours 2,500,000 Overview: Largest workforce of supplementary nurses and personal carers on the Eastern Seaboard of 2,000,000 Australia, providing staffing into hospitals and aged care facilities. Also provides talent solutions and supplementary staffi
Slide 18: Business Performance - Professional Services
Business Performance - Professional Services Billed Hours 900,000 Overview: 800,000 Leader in Professional Services recruitment focusing on technology, accounting, finance, business 700,000 services support and IT advisory. 600,000 500,000 Performance: 400,000 • Halcyon Knights is one of the largest
Slide 19: Business Performance - Industrial & Specialist Services
Business Performance - Billed Hours Industrial & Specialist Services 10,000,000 9,000,000 8,000,000 Overview: 7,000,000 Leader in providing general staffing services to small and medium-sized business across Australia in a wide 6,000,000 range of sectors including industrial, food services, childcar
Slide 20: Performance of acquisitions is on track, delivering benefits of $6.6m in EBITDA
Performance of acquisitions is on track, delivering benefits of $6.6m in EBITDA Business Strategic Rationale of Acquisition FY22 Performance Accelerate their growth through accelerating staff ✓ Acquisition completed end of July 2021. Integration completed. growth and leverage their client goodwill t
Slide 21: Our shared value framework
Our shared value framework Shared value for our people, clients, investors and community Pillar 1: First Nations Pillar 2: Sustainability Pillar 3: Equity & Inclusion UN Sustainability Goals Key Highlights Key Partnerships Key 59% 4.8 million with Partners on Trees planted via Partnerships Female Co
Slide 22: Disclaimer
Disclaimer This presentation has been prepared by PeopleIn Limited (Company) together with its related bodies corporate (PeopleIN). The material contained in this presentation is for information purposes only and is intended to be general background information on PeopleIN and its activities. This p
Slide 23: PeopleIN
PeopleiN