Peoplein Limited · ASX:PPE
Peoplein — People Infrastructure — H1 FY2018 Earnings Presentation
16 slides from Peoplein's earnings presentation, Feb 22, 2018
Slide 1: People Infrastructure Ltd H1 2018 Results
For personal use only PEOPLE INFRASTRUCTURE LTD H1 2018 RESULTS February 2018|
Slide 2: Table of Contents
For personal use only TABLE OF CONTENTS Section 1: Summary 3 Section 2: Business Overview 7 Section 3: H1 FY18 Results 9 Appendices 15 2
Slide 3: H1 FY18 Snapshot
H1 FY18 SNAPSHOT For personal use only Strong performance for People Infrastructure in H1 2018 derived from continued momentum across the business. People Infrastructure remains on track to deliver on its prospectus forecasts. Pro Form a Forecast Pro Form a Actual • Strong revenue and earnings momen
Slide 4: Section 1: Business Overview
SECTION 1: BUSINESS OVERVIEW For personal use only
Slide 5: Introduction to People Infrastructure
INTRODUCTION TO PEOPLE INFRASTRUCTURE For personal use only Delivering innovative solutions to the workforce challenges faced by businesses in Australia and New Zealand COMPANY SNAPSHOT Well-established workforce management company, providing contracted staffing and human resources (HR) outsourcing
Slide 6: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only STRONG CONSERVATIVE SUSTAINABLE COMPETITIVE PEOPLE INVESTED IN EARNINGS GROWTH BALANCE SHEET ADVANTAGES SUCCESS FY15-18 pro forma Net debt/EBITDA = 0.5x Embedded culture of safety Senior management strongly EBITDA CAGR 14% first sustaining industry
Slide 7: Sustainable Competitive Advantages
SUSTAINABLE COMPETITIVE ADVANTAGES For personal use only People Infrastructure has established itself as a leader in the workforce management markets INDUSTRY LEADING • Significant investment in creating an industry leading technology platform TECHNOLOGY • Proprietary end-to-end workforce management
Slide 8: Focus on Safety
FOCUS ON SAFETY For personal use only Embedded culture of safety first People Infrastructure has an embedded culture of safety first that drives a better outcome for its staff, clients and the company. The charts below show People Infrastructure workcover rates as a percentage of the industry rate i
Slide 9: Section 2: H1 FY18 Results
SECTION 2: H1 FY18 RESULTS For personal use only
Slide 10: Pro Forma Income Statement
PRO FORMA INCOME STATEMENT For personal use only Pro Form a Historical Pro Form a Forecast Pro Form a Actual STRONG REVENUE GROWTH IN H1 FY18 $'000 FY2017 FY2018 1H FY18 • Growing demand from existing clients Revenue 191,986 214,196 106,674 particularly in high growth sectors Pro form a EBITDA 10,25
Slide 11: December 2017 Balance Sheet
31 DECEMBER 2017 BALANCE SHEET For personal use only $'000 Actual STRONG CASHFLOW RESULTING IN LOW NET 31 Decem ber 2017 DEBT POSITION • Net Debt of $5.6m with total available debt Cash and cash equivalents 6,300 facilities $19.3 million Trade and other receivables 25,795 Plant and equipment 2,222 •
Slide 12: H1 2018 Cash Flow
H1 2018 CASH FLOW For personal use only STRONG OPERATING CASH FLOW $'000 Statutory Actual H1 FY18 • Reflects management’s tight control of working Cash flow s from operating activities capital Receipts from customers 116,185 • The business generated $4.1m in operating cash Payments to suppliers and
Slide 13: 2018 Outlook
2018 OUTLOOK For personal use only People Infrastructure remains on track to deliver on its prospectus forecasts. Positive outlook for People Infrastructure in H2 2018 derived from continued momentum across the business. Organic Growth • Positive industry tailwinds driving growth • Cross-selling ben
Slide 14: Community Support
COMMUNITY SUPPORT For personal use only An active participant in our community We pride ourselves on sponsoring charities and supporting local communities and have done so for many years. People Infrastructure sponsors numerous events such as the Great Endeavour Rally and numerous company awards, in
Slide 15: Appendices
For personal use only APPENDICES
Slide 16: Statutory Reconciliation to Trading Results
STATUTORY RECONCILIATION TO TRADING RESULTS For personal use only A$000 Forecast FY2018 Actual 1H FY18 • Net finance costs were higher than forecast due to higher invoice Statutory NPAT 4,905 1,981 financing drawdown than forecast Fair value movement in Convertible Notes 578 578 Net finance costs ad
People Infrastructure — H1 FY2018 Earnings Presentation on 6ix