Gee Group Inc. · AMEX:JOB

Gee — FY2023 Earnings Presentation

23 slides from Gee's earnings presentation, Dec 19, 2023

  1. Slide 1: OES ST Oy)

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  2. Slide 2: Important Notifications

    Important Notifications* &, CAUTION CONCERNING FORWARD-LOOKING STATEMENTS": This document contains "forward-looking statements" — that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. More detailed information about the Company a

  3. Slide 3: JOB: 4x Growth Since 2015... Goal... grow to $1b in Revenue

    JOB: 4x Growth Since 2015... Goal... grow to $1b in Revenue G GEE Group JOB story... since the beginning JOB back story... before JOB General Employment Enterprises (NYSE American: JOB) merged with Scribe Solutions, Inc. in 2015 and appointed Derek Dewan, Chairman and CEO, and Alex Stuckey, COO (n/k

  4. Slide 4: Historical Performance & Highlights

    Historical Performance & Highlights G (Sin Millions) GEE Group CONSOLIDATED REVENUES pea $165.1 JOB POST-ACQ. FOCUS ON PROFESSIONAL VERTICALS LED BY IT s1as.o — FY 2015 siso0 | $129.8 FY 2023 $100.0 $00 soo FYE'20. FYE'21.FYE'22.—FRE'23 NON-GAAP ADJUSTED EBITDA™*) $140 20.0% giz3 $125 + Pre-acquisit

  5. Slide 5: JOB's Acquisition Track Record So Far

    JOB’s Acquisition Track Record So Far &, peniiens Compan; Overview Rationale Multi Merger with Scribe Solutions, a provider of wp See highly trained medical scribes, with General ing as a ‘traded company Employment established a public staffing (NYSE MKT:JOB) platiorm with eocess to capital merkets

  6. Slide 6: Growth Platform Regaining Momentum Post-COVID

    Growth Platform Regaining Momentum Post-COVID 19 ceeGroup Having successfully navigated the COVID-19 pandemic and deleveraging ... eliminating ~ $120 million in debt, JOB again reported substantial free cash flow in fiscal Grow Through 2023 following record free cash flow of $9 million in 2022 pespe

  7. Slide 7: JOB Stock Performance (from April 19, 2021 Follow-on Offering)

    G JOB Stock Performance (from April 19, 2021, Follow-on Offering, to December 8, 2023) ocean GEE Group initially closed our follow-on offering on April 19, 2021, issuing 95,833,332 JOB shares and raising $57.5 million (including over.allotment), of which ~ $56 million was used JOB is now debt free a

  8. Slide 8: Roll-Up Mergers Advantages & Benefits

    Roll-Up Mergers Advantages & Benefits G GEE Group * Consolidating multiple firms increases revenue and earnings streams, and creates opportunities for cross- selling * Consolidating candidate pools into comprehensive talent databases increases our ability to identify suitable candidates to meet clie

  9. Slide 9: Grow Through ACCRETIVE Acquisitions

    Grow Through ACCRETIVE Acquisitions Robust platform with the infrastructure and scalability to expand rapidly through acquisitions Platform for Strategic Acquisitions GEE Group + Acquisition-<riven growth to augment organic growth | The Consolidation Opportunity opportunities for each brand + GEE is

  10. Slide 10: JOB's progress building industry leading professional staffing and HR solutions business

    JOB’s progress building industry leading professional staffing Qa and HR solutions business w/ $1B» in annual revenue GEE Group GEE LAUNCH w/ strong cota | platforms. S vilfio#idoliar busin q -s152m Revenue ~) Revenue®? = BUILDING A LEADING PROFESSIONAL SERVICES STAFFING BUSINESS —I ‘Mar-2015 | ‘Aug

  11. Slide 11: ‘ataY

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  12. Slide 12: Fiscal Year '23 and Q4'23 Highlights

    Fiscal Year ‘23 and Q4’23 Highlights G GEE Group Highlights FY ‘23 Q4 ‘23 Performance Professional Contract Revenue -2% 11% Professional contract revenue overall decline in FY ‘23 was BACT +1% Uh significantly mitigated by revenue growth in IT businesses IT contract revenue growth +3% -13% -_ = % °

  13. Slide 13: Free Cash Flow Performance

    Free Cash Flow* Performance G ($ in millions) ae FY ‘23 FY ‘22 FY ‘23 Performance Highlights . + FCF" for FY '23 and FY '22 was $5.8 million and $9.1 million, GAAP net income — $0.4 $1056 respectively... FY '22 FCF* was higher due to higher revenues, Depreciation & amortization 3.3 38 including reco

  14. Slide 14: Results by Segment

    Results by Segment G GEE Group ($ in millions) ANNUAL RESULTS PERFORMANCE HIGHLIGHTS FY '23 FY 22 + Professional contract services revenue: represents 79% of our Revenues $152.4 $165.1 consolidated revenue and led fiscal 2023 performance only decreasing by 2% under adverse conditions... and increasi

  15. Slide 15: JOB's Growing Cash

    JOB’s GROWING CASH &, ($ in millions) $22.5 0.1 $20.7 s17.5 188 $105 | $14.2 $12.1 $9.9 $7.4 | Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Consistently producing free cash flow since completion of deleveraging in Q3 2021 15

  16. Slide 16: JOB Outlook

    JOB Outlook G GEE Group + Current economic and labor conditions remain challenging so far in our fiscal Q1 2024 (ending December 31, 2023) + Our business has seasonality depending on the quarter and cyclicality (prolonged down or uncertain economic times which tends to lessen demand for both direct

  17. Slide 17: Supplemental Information

    GEE Group Supplemental Information 18. Governance and Capital Allocation 19--tmportant Nolifications GAAP»reconciliations aking statements GEE Group Inc

  18. Slide 18: Governance, Insider Ownership and Capital Allocation

    GOVERNANCE, INSIDER OWNERSHIP TAL ALLOCATION Eight (8) of our nine (¢ members are independent and comprised of some of the most respected authorities and leaders in their fields; our three of our independent board members led MPS sold to Adecco for $1.3b ... arguably THE most successful shareholder

  19. Slide 19: Important Notifications

    G Important Notifications ceeGroup Additional Information to Consider in Conjunction with the Investor Presentation ‘The financial information and highlight information included herein should be read in conjunction with all ofthe financial and other information included in GEE Group's Annual Reports

  20. Slide 20: Reconciliations of Historical Net Income to Non-GAAP Adjusted EBITDA

    Reconciliations of Historical Net Income to Non-GAAP Adjusted EBITDA G, ($ in millions) 2020 | 2021 | 2022 | 2023 Net Income (Loss) $ (143) $ 00 $ 19.6 $ 94 Net Interest Expense (Income) 122 59 04 (0.1) Income Taxes (Benefit) 06 oa 06 = 72) Depreciation & Amortization Expense 5.3 44 38 33 ‘Stock Com

  21. Slide 21: Q4 and FY '23 GAAP to Non-GAAP Reconciliations

    Q4 and FY Netincome Interest expense Interest income ‘23 GAAP to Non-GAAP Reconciliations G Reconcitation af Net Income to GEE Group Noe GAAPEBITDA and Adjasted EBITDA ‘Twelve Mosth Periods Ended September 30, Recoscistoa of Net Tacome to ndhowsands) [Not GAAP EBITDA and Adjsted EBITDA 23 _20 ‘Three

  22. Slide 22: Forward-Looking Statements

    Forward-Looking Statements In addition to historical information, this investor presentation contains statements relating to possible future events and/or the Company's future results (including results of business operations, certain projections, future financial condition, pro forma financial info

  23. Slide 23: About GEE Group

    G About GEE Group GEE Group GEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company operates in two industry segments, providing professional staffing services and solutions in the information technology, engine

GEE Group — FY2023 Earnings Presentation on 6ix