Hirequest, Inc. · NASDAQ:HQI
Hirequest — Investor Presentation (May 2022)
17 slides from Hirequest's investor presentation, May 17, 2022
Slide 1: Investor Presentation May 2022
Investor Presentation May 2022 wa HiReQuest INC:
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation and other documents references herein include, anc our officers and representatives may from time to time make or provide, certain ‘estimates anc other forwarc-looking statements within the meaning of the safe harbor provisions of the US. Private Securities Li
Slide 3: HireQuest — At a Glance
HireQuest — At a Glance 220+ 168+ 6000+ Locations Franchisees Clients Nationwide National Reach, Local Ownership = Profitable franchise-busin: * Leading national franchisor of on-demand, executive search, and commercial staffing services s model with multiple growth drivers * Proprietary, purpose-bu
Slide 4: Investor Highlights
Investor Highlights Strong Differentiated Organic & Financial Performance Franchisor Model Acquisitive Growth Multipl ganic locations (ne ric rr t to pandemic ff HireQuest Inv
Slide 5: Staffing Solutions Leader with Diverse Service Offerings
Staffing Solutions Leader with Diverse Service Offerings On-Demand Staffing Commercial Staffing Executive & Professional Search Vertical-Focused Staffing a HigeQuest” DIRECT] SNELLING Syriecquesr ENC h ey NORTHBOUND DriverQuest Hi WREQUEST F solutions, oer diem. Key Client Vertical Janitor'al, speci
Slide 6: HireQuest Targeting 89% of the Total Staffing Market
HireQuest Targeting 89% of the Total Staffing Market Current offerings target virtually all segments of the $161 billion staffing and recruiting market HigeQuest — MPHineQuesr Uy Higequesr Mh HyjHirequesr Heatncore + ~ Las, ! SNELLING $58B (saa) ATS TAM a " ‘mee chen 20% DusincRour NORTHBOUND: ey Hi
Slide 7: Coast-to-Coast Coverage
Coast-to-Coast Coverage +220 Franchised and Licensed Offices Nationwide 7 6 wa HiReQuest
Slide 8: Financial Highlights
Financial Highlights HireQuest generated significant momentum through 2021 into 2022 QI ‘22 LTM Metrics Quarterly System-Wide Sales (Sin milions} $399.4M siose s1019 1010 $697 S556 $547 $56.1 ] | | | 7 ga HireQuest
Slide 9: Compelling Recurring Revenue Model
Compelling Recurring Revenue Model Franchise Royalties Service Revenues License Fees (California) © Fee received for use of trademarks in Hypothetical Single Branch System Sales Revenue to HQ! HQI Expenses HQI Net Income ff HireQuest Inc 5
Slide 10: Building Holistic Value Under the Franchise Model
Building Holistic Value Under the Franchise Model Franchisees ff HireQuest Inv Customers
Slide 11: Benefits of the Franchise Solution
Benefits of the Franchise Solution Pe HiREQUEST INC Franchise Model Traditional Staffing Model Incentive Alignment Fluctuating Compensation ranchisees are owners and drive branch-level performan: an result in inconsistent performar Expense Control Obstacles to Expense Control oclveree 22.0 man Incre
Slide 12: Well-Positioned for the Future
Well-Positioned for the Future Expanding Verticals & Offerings Growing rTierela) starred therkeu's Underserved: favorable environ ment for new frenehicee Franchisees 1QI's pr turns and ancillary services attract fi : and Geographic : jing Footprint . Increasing National Accounts Acquisitions Ne Jiat
Slide 13: Contact Us
Contact Us HireQuest, Inc. David Hartley, Director of Corporate Development MM Springhall Drive Goose Creek, SC 80235 Tel (800) 835-6755 edhartley@hirequestcom IMS Investor Relations Investor Relations John Nesbert /Jennifer Belodeau Tel (203) 972-9200 hirequest@imsinvestorrelations.com ey HireQuest
Slide 14: Appendix
Appendix a HiREQUEST INC:
Slide 15: Statement of Operations
Statement of Operations Sinthousends) ‘System-Wide Sales! Franchise royates Stating revenue. owned lcatons Service revenue “Total revenue Cost of stating revenue, owned locations Gross prof Seling, gonera and adrinistatve expense Deprecaton and amomzanen Income rom operations other mscelaneous incom
Slide 16: Summary Balance Sheets
Summary Balance Sheets Sin thousands ASSETS Current assets Cash Accounts receivable, net of allowance for doubtful accounts Other current assets Total current assets Property and equipment, net Franchise agreements, net Other intangible assets, net Other assets Total assets LIABILITIES AND STOCKHOLD
Slide 17: Reconciliation of Non-GAAP Financial Measure
Reconciliation of Non-GAAP Financial Measure Sin thousonds Net Income to Adjusted EBITI Net Income Interest Taxes Depreciation & Amortization WOTC related costs EBITDA Non-cash compensation Non-recurring acquisition related charges, net Non-recurring charge to notes receivable ‘Adjusted EBITDA! ey H