G8 Education Limited · ASX:GEM
G8 Education — Investor Presentation (February 2013)
13 slides from G8 Education's investor presentation, Feb 25, 2013
Slide 1: G8 Education - Overview
For personal use only G8 Education ‐ Overview G8 Education Limited (ASX:GEM) 25 February 2013
Slide 2: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure Directors & Senior Management Ordinary Shares 270.9 million Jenny Hutson Chairperson Options exercisable at $1.27 0.2 million Chris Scott Managing Director Shares price 22 February 2013 $1. 785 Andrew Kemp Non‐Executive Director Market capit
Slide 3: G8's Vision & Mission
G8’s Vision & Mission For personal use only Our mission is to be Australasia’s leading provider of high quality, developmental and educational child care services. We aim to achieve this through: • A portfolio of outstanding early childhood education brands • A focus on the importance of early child
Slide 4: FY12 Audited Results
FY12 Audited Results Consolidated For personal use only 2012 2011 Year end 31 December ($’000) ($’000) Variance (%) Revenue 179,991 142,899 26% Expenses (150,584) (118,017) 28% Earnings Before Interest and Tax 29,407 24,882 18% Interest (2,539) (2,188) 16% Net Profit Before Tax 26,868 22,694 18% Net
Slide 5: Financial performance
Financial performance For personal use only $90.0 Group Financial Performance ‐ First Half Year Analysis $12.0 $78.0 $80.0 $70.0 $10.0 • From 2010 to 2012 G8 $60.7 $10.1 $60.0 $8.0 Education Limited achieved $50.0 $7.3 $6.0 an underlying CAGR for $40.0 EBIT and Revenue of 54% $30.0 $23.3 $4.0 $20.0
Slide 6: Financial performance
Financial performance For personal use only FY12 FY11 Equity as at 31 December 2012 182,307,582 115,164,091 • Return on Invested Capital continues to increase. It is Fair value adjustments to equity due to AASB 3:Business currently 24.8% based on the Combinations 24,026,790 23,835,853 adjusted equit
Slide 7: Financial Margin analysis
Financial Margin analysis For personal use only Group Margin Analysis ‐ First Half 14% 13% 12% 12% 10% 8% 8% 7% 7% • Group EBIT margin is affected by 6% seasonal fluctuations in occupancy from 4% 3% January to June compared with July to 2% December due to the transition of 0% children from Kindergar
Slide 8: Centre Portfolio
Centre Portfolio For personal use only Centre Portfolio Australian centres Singpore centres 18 18 18 18 • G8 Education has continued to make earnings per share accretive acquisitions throughout 2012. 167 132 135 136 77 88 • The group acquired 33 childcare centres during 2012 and sold one centre. 1H1
Slide 9: Occupancy
Occupancy For personal use only Occupancy • Average portfolio occupancy increased year on year by 2 full percentage points in FY11 (for example: 78% to 80%) and a further 3% year on year in FY12. FY12 Percentage FY11 • The portfolio peak occupancy is in November each year. It increased year on year
Slide 10: Significant Events post December
Significant Events post 31 December 12 For personal use only • G8 Education Limited raised $35m through a placement to institutional and sophisticated investors resulting in the issue of 24,137,931 shares. The placement was completed on 13 February 2013 at $1.45 per share. • Contracted to acquire 12
Slide 11: Operational Updates
Operational Updates For personal use only • At 31 December 2012 the group had 13,421 licenced places per day and employed 4,204 employees. • The Australian centres are currently in the process of being assessed and rated under the new National Quality Standards. 24 Centres have currently been assess
Slide 12: Group Structure - Australia
Group Structure ‐ Australia For personal use only Brian Bailison Andrew Kemp Chris Scott Jenny Hutson Susan Forrester Matthew Non‐Executive Non‐Executive Managing Chairperson Non‐Executive Reynolds Director Director Director Director Non‐Executive Director Chris Sacre Chief Operating & Financial Off
Slide 13: Thank You
For personal use only THANK YOU Questions? Page 13 FY12 Results Presentation