Ashley Services Group Ltd. · ASX:ASH
Ashley Services — FY2021 Earnings Presentation
10 slides from Ashley Services's earnings presentation, Aug 31, 2021
Slide 1: FY 2021 Results
FY 2021 RESULTS Tuesday 31 August 2021
Slide 2: Outstanding Result for FY21
OUTSTANDING RESULT FOR FY21 Extremely positive trends evident across all financial performance metrics for FY21 ▪ Revenue of $383.7 million, h$46.8m or 13.9% on pcp* (FY21 52wk v FY20 53wk) ▪ h$52.7m 15.9% on pcp excl. additional week in prior year ($5.8m) ▪ Significantly stronger second half with H
Slide 3: FY21 Results Well Ahead of Prior Trends
FY21 RESULTS WELL AHEAD OF PRIOR TRENDS REVENUE FY16 - FY21 EBITDA FY16 - FY21 450.0 20.0 400.0 383.7 15.5 336.8 15.0 350.0 332.8 314.7 300.0 276.9 287.6 9.7 10.0 9.1 8.0 250.0 5.7 200.0 5.0 150.0 0.0 100.0 FY16 FY17 FY18 FY19 FY20 FY21 50.0 (5.0) - FY16 FY17 FY18 FY19 FY20 FY21 (10.0) (7.7) * FY19
Slide 4: Improving Divisional Profitability
IMPROVING DIVISIONAL PROFITABILITY REVENUE by Division FY16 - FY21 450.0 400.0 9.7 ▪ Labour Hire FY21 Revenue h$44m (13.5%) 350.0 6.7 7.3 on pcp (FY21 52wk v FY20 53wk) 300.0 25.5 8.0 ▪ h$50m (15.5%) on pcp excl. additional 250.0 28.3 200.0 week in prior year ($5.8m) 150.0 326.1 329.5 374.0 289.2 27
Slide 5: Business Growth Overview
BUSINESS GROWTH OVERVIEW 270 Internal Staff up 60 or 29% 1 23 Offices 2 New: Junee & Beresfield (TIC acquisition) 684 Customers (TIC acquisition) 4 5,600 + Weekly Workers up 600 or 12% 2 1 4 1 1 6.0 Years Tenure Top 20 Customers up 1.2 years 9 Fully Integrated Labour Hire & Training provider 5
Slide 6: Labour Hire: Multi Branded approach covering all of our Customer's Temporary Labour & Recruitment needs
LABOUR HIRE: Multi Branded approach covering all of our Customer’s Temporary Labour & Recruitment needs ▪ Horticulture ▪ Transport & ▪ Production / Logistics Process ▪ Manufacturing ▪ Maintenance ▪ Trades ▪ Construction ▪ Engineering ▪ Technical ▪ HR & IR Consulting ▪ Fixed term ▪ Permanent Contract
Slide 7: Training: RTOs operating across VIC, WA & QLD with the TIC RTO operating nationally
TRAINING: 4 RTOs operating across VIC, WA & QLD with the TIC RTO operating nationally 34 Qualifications offered across both the ASH Pty Ltd traditional Training operations and the RTO 20749 newly acquired The instruction Company ▪ Business, Business ▪ Data & Voice Vocational Training Admin Communica
Slide 8: Consolidated Statement of Profit or Loss and Other Comprehensive Income
Consolidated Statement of Profit or Loss and Other Comprehensive Income For the financial year ending 4 July 2021 FY21 FY20 $000 $000 Revenue 383,672 336,841 Other income 334 2,040 Employment costs (360,928) (321,668) Depreciation and amortisation expense (1,785) (2,068) Finance costs (648) (713) Ot
Slide 9: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position As at 4 July 2021 FY21 FY20 FY21 FY20 $000 $000 $000 $000 Assets Liabilities Current assets Current liabilities Cash and cash equivalents 2,969 8,063 Trade and other payables 27,391 18,517 Trade and other receivables 44,421 29,418 Borrowings 1,090 - Contr
Slide 10: Notice and Disclaimer
Notice and Disclaimer Purpose and Date: This presentation contains general background information about the activities of Ashley Services Group Limited ABN 92 094 747 510 (“ASH”) as at 31 August 2021 (“Presentation Date”). No financial advice: The information in this presentation does not constitute