Peoplein Limited · ASX:PPE
Peoplein — People Infrastructure — H1 FY2021 Earnings Presentation
29 slides from Peoplein's earnings presentation, Feb 25, 2021
Slide 1: People Infrastructure Ltd First half results FY 2021
For personal use only People Infrastructure Ltd First half results FY 2021 February 2021
Slide 2: Key Highlights - H1 FY 2021
For personal use only Key Highlights -H1 FY 2021
Slide 3: Key Highlights
Key Highlights Whilst People Infrastructure was significantly impacted by Covid-19, business has continued to improve throughout H1 FY21. The strength of the Balance Sheet, which was improved by the capital raise in April 2020 and government assistance in relation to maintaining workforces has led t
Slide 4: Consistently Growing Shareholder Returns
Total shareholder return since listing of 360% Consistently Growing Shareholder Returns Compound earnings per share growth over the last 4 years of 26.6% For personal use only
Slide 5: Key Highlights: Acquisitions and Organic Growth
Key Highlights For personal use only Acquisitions Completed: Opportunity For Acquisitionn $60-$75 ecareer illuminate million. Funding through debt and free cash flow whilst keeping a conservatively geared balance sheet. Organic Business Units Continuing to Grow: Homecare (Healthcare) Facilities Main
Slide 6: Making An Extraordinary Impact
Key Highlights For personal use only Making An Extraordinary Impact 330 Internal staff 68% 60% of leadership roles continued to be of staff are women across the employed group are held by women 3,650 Up to6,000 25% of staff engaged per staff are culturally Customers week and linguistically invoiced
Slide 7: Strategy
For personal use only Strategy
Slide 8: Our Family of Brands
For personal use only Our Family of Brands
Slide 9: Growth In Adjacent Markets
Growth In Adjacent Markets For personal use only Solutions Services Industry Verticals Health & Technology Industrial and Community Market Specialist Market Services Markets On-Hire Staffing – On-Hire Staffing – Contracting and Mining, Food Hospitals, Aged Staffing On-Hire and Perm Care, Disability
Slide 10: Addressable Markets of Focus
Addressable Markets of Focus For personal use only Staffing Services Business Services Operations Services Combined Health, social & Industrial Opportunity allied services services $29b* $96b* $76b* $54b* Growth Opportunities: Adjacent Growth Adjacent Growth >$255b* Opportunities Opportunities: New
Slide 11: Financial Results
For personal use only Financial Results
Slide 12: Underlying Results
For personal use only Underlying Results '000 H1 FY 21* H1 FY 20* Mvmt% H2 FY 20* Mvmt% Strong performance in challenging COVID-19 conditions. Revenue 200,100 194,810 2.7% 176,354 13.5% Diversification of verticals and focussed cost control during the first half supported strong results. Underlying
Slide 13: Operating Cash Flow
Operating Cash Flow For personal use only Dec-21 Dec-20 $'000 $'000 Cash Flows from Operating Activities Receipts from customers 217,017 210,500 Payments to suppliers and employees (208,523) (201,791) Interest received 9 10 Finance costs (704) (1,211) Income tax (paid)/refunded (6,091) (4,894) Net c
Slide 14: Capital Management
For personal use only Capital Management Strong Financial Position 1H FY 21 2H FY 20 Strong position to undertake future acquisitions of Net Debt to EBITDA - x (-0.34) (-0.39) up to $70m based on maintaining conservative gearing. Dividend - cents 4.5 4.5 Industry leading debtor collections driven by
Slide 15: Business Performance Update
For personal use only Business Performance Update
Slide 16: Total Group Billed Hours
For personal use only Total Group Billed Hours Our focus during the initial stages of the COVID-19 pandemic was on maintaining our employment connection with our on-hire staff to support the needs of our clients. During the half, the downturn associated with Covid-19 in some businesses was offset by
Slide 17: Community Services Vertical
For personal use only Community Services Vertical Workforce management and supplementary staffing within the Disability and Child Protection sectors across Australia. • Community services revenue grown during H1 period – combination of growth in disability and child protection clients. • Awarded maj
Slide 18: Healthcare Vertical
For personal use only Healthcare Vertical Largest workforce of supplementary nurses and personal carers on the Eastern Seaboard of Australia providing staffing into hospitals and aged care facilities. • Nursing (hospitals and aged care facilities) operations stablised during H1 period. • Volume tren
Slide 19: Industrial & Specialist Services Vertical
For personal use only Industrial & Specialist Services Vertical Leader in providing general staffing services to small and medium-sized business across Australia in a wide range of sectors including industrial, childcare and hospitality. • Industrial trading volumes grew by 20% on 1H FY 20 and 17% o
Slide 20: Technology Vertical
For personal use only Technology Vertical Leader in Technology recruitment focussing on IT sales and marketing, product, cloud, cybersecurity, data & analytics, IT consulting and technical support. • Halcyon Knights (VIC dominant) business trading in 1H FY21 impacted by COVID-19. • Expecting to see
Slide 21: Group Net Headcount
For personal use only Group Net Headcount Our focus has been on maintaining our on- hire workforce pools to support continuity of operations, deliver consistency of staffing for our customers and enable ongoing growth. Government subsidies received have ensured: • Retained roles through the governme
Slide 22: Outlook
For personal use only Outlook
Slide 23: Outlook
Making an extraordinary impact by harnessing the For personal use only talent in our people: As markets emerge from the impacts of COVID-19 pandemic including Technology (particularly in VIC), Healthcare, Childcare and Hospitality, we expect to see positive flow-on impacts in H2 results. Moving forw
Slide 24: Appendices: Financial Detail
For personal use only Appendices: Financial Detail
Slide 25: Appendix 1: Reconciliation of Statutory PBT to Underlying EBITDA
Appendix 1: Reconciliation of Statutory PBT to Underlying For personal use only EBITDA 31/12/20 Statutory Profit Before Tax $17,049,000 Depreciation and amortisation $3,153,000 Finance costs $704,000 EBITDA $20,906,000 Normailisation adjustments: Acquisitions costs $198,000 Performance rights costs
Slide 26: Appendix 2: Balance Sheet
Appendix 2: Balance Sheet For personal use only Dec - 20 Cash and cash equivalents 26,704,390 Trade and other receivables 44,250,007 Other current asses 1,765,638 Total Current Assets $72,720,035 Property, plant and equipment 6,008,172 Intangible assets 85,857,234 Total Non Current Assets $91,865,40
Slide 27: Disclaimer
For personal use only Disclaimer This presentation has been prepared by People Infrastructure Limited (Company) together with its related bodies All amounts are in Australian Dollars unless otherwise indicated. A number of figures, amounts, percentages, estimates, corporate (People Infrastructure).
Slide 28: Disclaimer Cont'd
For personal use only Disclaimer Cont'd Not an offer in the US: This presentation and the information contained in it does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States. This presentation may not be distributed or released in the United
Slide 29: For personal use only
For personal use only
People Infrastructure — H1 FY2021 Earnings Presentation on 6ix