Elixirr International Plc · LSE:ELIX
Elixirr International — H1 2025 Earnings Presentation
23 slides from Elixirr International's earnings presentation, September 2025
Slide 1: Investor Presentation H1 2025
SEPTEMBER 2025 Investor Presentation H1 2025 © ELIXIRR INTERNATIONAL PLC 2025
Slide 2: Contents
Elixirr International PLC 2 Contents 01 CEO Introduction 02 Financial Highlights 03 Business Review 04 Summary & Outlook
Slide 3: CEO Introduction
Elixirr International PLC 3 Contents 01 CEO Introduction
Slide 4: CEO statement: Stephen Newton
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 4 “H1 25 has been an exceptional and transformative period for Elixirr, marked by continued record-breaking profitable growth. Our entrepreneurial mindset and ambition to push the boundaries of what’s p
Slide 5: Performance Highlights and Strategic Moves
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 5 Performance Highlights and Strategic Moves Elixirr is an established, global, award-winning management consultancy. We are never satisfied with the status quo. We set new benchmarks, we set our client
Slide 6: Elixirr growth outpaces the consulting market
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 6 The consulting market continues to expand but Elixirr’s growth consistently outpaces the market, positioning us well to capture market share from other professional services firms FY 19 to H1 25 Reven
Slide 7: Financial Highlights
Elixirr International PLC 7 Contents 02 Financial Highlights
Slide 8: H1 financial highlights
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 8 H1 25 financial highlights £71.4m £24.3m £21.5m 30.0% Total Revenue Gross Profit Adjusted EBITDA Adjusted EBITDA Margin H1 24: £53.0m (+35%) H1 24: £17.4m (+40%) H1 24: £15.1m (+42%) H1 24: 28.5% (+1.
Slide 9: Elixirr has a track record of strong financial performance
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 9 Elixirr has a track record of strong financial performance Revenue and Adjusted EBITDA – FY 19 to H1 25 We have maintained our historic track record of profitable growth since 2009, which has been acc
Slide 10: Overall revenue growth
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 10 Overall revenue growth H1 25 Performance H1 2025 REVENUE BRIDGE Totals Negative Change Positive Change • During H1 25, Elixirr’s revenue increased to £71.4m, with five record £80m £9.6m £71.4m revenu
Slide 11: Cash generative business, with low net debt
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 11 Cash generative business, with low net debt H1 25 CASH FLOW £7.9m • Free cash flow rose 12% to £7.9m (H1 24: £7.0m), a smaller increase Totals Positive Change Negative Change Free cash flow than EBIT
Slide 12: Strong balance sheet
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 12 Strong balance sheet £m H1 25 FY 24 Comments FX impact on US$ denominated goodwill and Intangible assets 123.7 130.3 amortisation of intangibles. Loans to new Partners to acquire equity net of Non-cu
Slide 13: Business Review
Elixirr International PLC 13 Contents 03 Business Review
Slide 14: FY25 to date: Main Market, TRC acquisition, clients and people
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 14 In FY 25 to date, Elixirr transitioned to the Main Market, completed the acquisition of TRC Advisory, grew high-value client relationships, and invested in capabilities and talent to drive long-term
Slide 15: Trusted by leading global clients
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 15 Trusted by leading global clients, we partner closely from strategy to execution to drive measurable results WHAT WE DO WHO WE DO IT WITH INDICATIVE CASE STUDIES Our sectors: • Built a real-time cust
Slide 16: AI is reshaping business models, creating a consulting opportunity
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 16 MARKET SNAPSHOT AI is reshaping business models, creating a significant consulting opportunity that Elixirr is already capturing and poised to lead The market for AI has shifted, from curiosity and s
Slide 17: Embedding AI into our model and with clients
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 17 AI is disrupting all industries; by embedding AI into our model, Elixirr is mitigating the risk of disintermediation while driving enhanced client value AI at Elixirr: How we’re embedding AI & drivin
Slide 18: We acquired TRC Advisory in September 2025
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 18 We acquired TRC Advisory in September 2025; a US-based firm we consider a “Mini-Bain” c. 50 FTEs $16-17m FY 25E acquired adjusted Further enhancing our US footprint and bringing EBITDA greater depth
Slide 19: TRC financial overview FY22-FY25(E)
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 19 TRC has historically achieved strong revenue Financial Overview FY22 – FY25(E) 40% Revenue CAGR1 48% TRC EBITDA CAGR1 growth, with the firm more than doubling $40.0m 50% average client size between 2
Slide 20: Programmatic acquisition strategy
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 20 Elixirr remains committed to a programmatic acquisition strategy – PIPELINE KPIs SINCE a key growth driver IPO 4,500+ Our Search Focus Screened 707 Engaged Programmatic Boardroom issues Industry addi
Slide 21: Illustrative model of growth and dilution
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 21 Illustrative model to highlight relationship between growth and Equity value assumptions dilution 20% 70% 7% dilution since AIM IPO due to acquisitions with >3.5x equity value growth. Illustrative 19
Slide 22: Summary & Outlook
Elixirr International PLC 22 Contents 04 Summary & Outlook
Slide 23: A strong outlook
CEO Introduction Financial Highlights Business Review Summary & Outlook Elixirr International PLC 23 A strong outlook Momentum from Strategic Milestones Summary Elixirr enters H2 2025 with strong momentum following five record months and the successful transition to the Main Market, enhancing access
Elixirr International — H1 2025 Earnings Presentation on 6ix