Ignite Limited · ASX:IGN
Ignite — Shareholder Meeting (November 2018)
16 slides from Ignite's shareholder meeting presentation, Nov 20, 2018
Slide 1: Annual General Meeting 20 November 2018
CLARIUS GROUP LIMITED AND CONTROLLED ENTITIES ABN 43 002 724 334 Annual General Meeting 20 November 2018 5
Slide 2: Agenda
Agenda • Ignite • Company overview • Our “Back in Black” Strategy • Review of FY18 • Financial Review • Performance review Australia • Investment in Leadership in Australia • Performance review China • Investment in Leadership in China • Collaboration • Investment in Our People • Marketing • Reconci
Slide 3: Ignite
Ignite It is with great pleasure that we officially welcome a new era for our company. We acknowledge our past and pay our respects to those that came before us and embrace with great excitement our future as Ignite. 7
Slide 4: Company Overview
Company Overview Key Divisions • Specialist Recruitment - permanent and contract recruitment; including payroll services • On Demand - on demand IT services • People Services - outsourced recruitment and human resource consulting services • Lloyd Morgan China - Specialist recruitment By the Numbers
Slide 5: Our "Back in Black" Strategy
Our “Back in Black” Strategy Our “Back in Black” strategic plan focuses on three core areas: • Increased support for existing customers. • Acquiring new customers. • Developing organisational efficiencies. Key Initiatives • Continued implementation of the strategic plans for the four operating segme
Slide 6: Financial Review
Financial Review • Gross profit margin improvement by 6.1% to 22.6% (2017:21.3%) • Operating cash flow improvement by 1,622.6% to $4,117k from $239k • Cash balance improvement by 55.6% to $2,782k (2017:$1,788k) • After tax loss decreased by 31.1% to $2,566k (2017:$3,724k loss) • Reduction in the deb
Slide 7: Performance Review: Australia
Performance Review Australia Specialist Recruitment • Our ACT business continues to perform strongly, delivering a profit before corporate overheads and tax up 26% on 2017 • Other states consolidated under new leadership repositioned to deliver improved results • Revenue declined by 8.8%* due primar
Slide 8: Investment in Leadership in Australia
Investment in Leadership in Australia We now have a full complement of highly experienced general managers and leaders. • 3 new General Managers (with over 70 years collective experience) to guide our core East Coast markets of VIC, NSW and QLD Under the guidance of our general managers the implemen
Slide 9: Performance Review: China
Performance Review China • Revenue increased 8.4% • 12th year of ownership within the China marketplace • Restructuring leading to the appointment of new China CEO (to be reviewed later in this presentation) Our China operations provide us with a unique and strategic footprint • China is a $300B HR
Slide 10: Investment in Leadership in China
Investment in Leadership in China Investment in newly created CEO position for Lloyd Morgan China, Mr Dennis Rigon • Mr Rigon will be based full-time in China, where he has worked and lived since late 2012. • Mr Rigon was a previous Regional CEO of China HR, one of the leading recruitment specialist
Slide 11: Collaboration
Collaboration Maximising opportunities across our regions • Our China and On Demand offering, including large-scale ANZ contracting capabilities, provides unique solutions for our multinational and SME client base • Our Australia-China offering has been marketed to existing and potential customers,
Slide 12: Investment in Our People
Investment in Our People Learning and Development – focused on employee productivity - Emphasis on staff training including APSCo* recruitment training, Greg Savage Recruitment Management Training and targeted professional development - aligned with Career Development Plans - Significant improvement
Slide 13: Marketing
Marketing Improving brand awareness and recognition • Improving our brand and client engagement via event marketing • Targeting clients (current and prospective) and contractors. • Guest speakers have included: Steve Baxter (Shark Tank Fame) and Dr Charlie Day (CEO, Science and Innovation Australia)
Slide 14: First non-indigenous recruitment business with a Reconciliation Action Plan (RAP)
First non-indigenous recruitment business with a Reconciliation Action Plan (RAP) • Our RAP has included the delivery of a range of initiatives including recruitment and mentoring programs for indigenous communities and public/private organisations to improve employment outcomes of indigenous people
Slide 15: FY19 performance summary
FY19 performance summary • Experienced leaders and improving business performance (Gross Profit Margin, Operating Cash Flow and Cash Balance in FY18) positions the Group for continued improvement in FY19 • YTD ACT continues to deliver strong growth aligned with our Federal Government client base • I
Slide 16: Thank you Questions?
Thank you Questions? 20