G8 Education Limited · ASX:GEM
G8 Education — Goldman Sachs Emerging Companies Conference 2013
12 slides from G8 Education's conference presentation, May 15, 2013
Slide 1: G8 Education - Overview
For personal use only G8 Education - Overview G8 Education Limited (ASX:GEM) Goldman Sachs – Emerging Companies Conference 16 May 2013
Slide 2: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure Directors & Senior Management Fully Paid Ordinary Shares (current) 272.15 million Jenny Hutson Chairperson Options 0.2 million Chris Scott Managing Director Shares Price (8 May 2013) $2.35 Andrew Kemp Non-Executive Director Market Capitalisa
Slide 3: G8's Vision & Mission
G8’s Vision & Mission Our mission is to be Australasia’s leading provider of high quality, For personal use only developmental and educational child care services. We aim to achieve this through: • A portfolio of outstanding early childhood education brands • A focus on the importance of early child
Slide 4: FY12 Audited Results
FY12 Audited Results Consolidated 2012 2011 For personal use only Year end 31 December ($’000) ($’000) Variance (%) Revenue 179,991 142,899 26% Expenses (150,584) (118,017) 28% Earnings Before Interest and Tax 29,407 24,882 18% Interest (2,539) (2,188) 16% Net Profit Before Tax 26,868 22,694 18% Net
Slide 5: Financial performance
Financial performance $90.0 Group Financial Performance - First Half Year Analysis $12.0 For personal use only $78.0 $80.0 $70.0 $10.0 • From 2010 to 2012 G8 $60.7 $10.1 $60.0 $8.0 Education Limited achieved $50.0 $7.3 $6.0 an underlying CAGR for $40.0 EBIT and Revenue of 54% $30.0 $23.3 $4.0 $20.0
Slide 6: Financial performance
Financial performance For personal use only FY12 FY11 Equity as at 31 December 2012 182,307,582 115,164,091 • Return on Invested Capital continues to increase. It is Fair value adjustments to equity due to AASB 3:Business currently 24.8% based on the Combinations 24,026,790 23,835,853 adjusted equit
Slide 7: Financial Margin analysis
Financial Margin analysis Group Margin Analysis - First Half For personal use only 14% 13% 12% 12% 10% 8% 8% 7% 7% • Group EBIT margin is affected by 6% seasonal fluctuations in occupancy from 4% 3% January to June compared with July to 2% December due to the transition of 0% children from Kindergar
Slide 8: Centre Portfolio
Centre Portfolio Centre Portfolio For personal use only Australian centres Singpore centres 18 18 • G8 Education has continued to make earnings 18 18 18 per share accretive acquisitions throughout 167 184 2013. 132 135 136 77 88 1H10A 2H10A 1H11A 2H11A 1H12A 2H12A YTD • The group acquired or contrac
Slide 9: Occupancy
Occupancy For personal use only Occupancy • Average portfolio occupancy increased year on year by 2 full percentage points in FY11 (for example: 78% to 80%) and a further 3% year on year in FY12. FY12 Percentage FY11 • The portfolio peak occupancy is in November each year. It increased year on year
Slide 10: Significant Events post December
Significant Events post 31 December 12 • G8 Education Limited raised $35m through a placement to institutional and sophisticated investors resulting in the issue of For personal use only 24,137,931 shares. The placement was completed on 13 February 2013 at $1.45 per share. • Contracted to acquire 12
Slide 11: Group Structure - Australia
Group Structure - Australia Brian Bailison Andrew Kemp Chris Scott Jenny Hutson Susan Forrester For personal use only Non-Executive Non-Executive Managing Chairperson Non-Executive Director Director Director Director Chris Sacre Chief Operating & Financial Officer/Company Secretary Glenn Davies Jae
Slide 12: Thank You
For personal use only THANK YOU Questions? Page 12
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