Slide 1: Investor Presentation: Q3 2022 Update
Investor Presentation 3'F Quarter 2022 Update ea HiREQUEST !NC:
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation and other documents referenced herein include, and our officers and representatives may from time to time make or provide, certain ectimates and other forward-leoking statements within the meaning of the safe harbor provisions of the US. Private Securities Lit
Slide 3: HireQuest - At a Glance
HireQuest - At a Glance 225+ 168+ 6000+ Locations Franchisees Clients Nationwide * Leading national franchisor of direct dispatch, earch, and commercial staffing services = Profital National Reach, frinctida-businese reel wit ile Local Ownership growth drivers * Proprietary, purpose-built software s
Slide 4: Investor Highlights
Investor Highlights Strong Differentiated Organic & Financial Performance Franchisor Model Acquisitive Growth Multiple recurring revenue Profitable, franchise-centri 21 new organic locations (net) streams model yields subst opened since the beginning of erating le he 2021 Strong balance sheet with l
Slide 5: Staffing Solutions Leader with Diverse Service Offerings
Staffing Solutions Leader with Diverse Service Offerings Flexible labor solutions, per diem Key Client Verticals: construction, host janitorial, special events tality, landscaping, Direct Dispatch HireQuesT Staffing [ee DIRECT] Short and long-term labor solu SNELLING Staffing Services: 2kiled trades
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 $168 billion staffing and recruiting market Hf Hirequesr Hi Higequesr a $y Hncquesr te “ 0 Gos SNELLING a he —_™ | SEB Nc a uw DentalPower : @ cee NORTHBOUND, ef Hirequest inc:
Slide 7: Coast-to-Coast Coverage
Coast-to-Coast Coverage 225+ Franchised and Licensed Offices Nationwide Wh a wa HirReQuest 6
Slide 8: Financial Highlights
Financial Highlights HireQuest generated significant momentum through 2021 into 2022 Q3 ‘22 LTM Metrics Quarterly System-Wide Sales $451.1M 1019 $897 $556 $548 $561 l [| ] | 106.8 | 1010 sv09 $132 a wa HireQuest
Slide 9: Compelling Recurring Revenue Model
Compelling Recurring Revenue Model Franchise Royalties Service Revenues License Fees (California) $2.1 millio system Sales Revenue to HQI HQI Expenses HQI Net Income HirEQuesT
Slide 10: Building Holistic Value Under the Franchise Model
Building Holistic Value Under the Franchise Model Customers Hf Hirequest inc
Slide 11: Benefits of the Franchise Solution
Benefits of the Franchise Solution ay HireQuest Inc Incentive Alignment need for regio! cantly redu Exposure curring Traditional Staffing Model Fluctuating Compensation Obstacles to Expense Control Increased Exposure to Economic Risk Hf Hirequest inc
Slide 12: Well-Positioned for the Future
Well-Positioned for the Future Expanding Verticals & Offerings Growing Franchisees and Geographic Footprint Increasing National Accounts Acquisitions HiREQUEST INc
Slide 13: Contact Us
Contact Us HireQuest, Inc. David Hartley, Vice President of Corporate Development 1 Springhall Drive Goose Creek, SC80235 Tel (800) 835-6755 edhartley@hirequest.com IMS Investor Relations Investor Relations John Nesbett / Jennifer Belodeau Tel (203) 972-9200 hirequest@imsinvestorrelationscom ef Hire
Slide 14: Appendix
Appendix pa HireQuest INC:
Slide 15: Statement of Operations
Statement of Operations (overt enters) orca 0.2022 ‘System-Wide Sates’ s s ouasn $s 2e737 Franchise royatios 3 3 ams s 15250, Stating revenue, ounedvcations 3801 Saves revenue 467 m Total revenue 2.798 15331 Costof stafingreverue ownedlocaions ey 2 200 : Gross proft 3.28 Saar 2.962 15381 Seling. gen
Slide 16: Summary Balance Sheets
Summary Balance Sheets (inthousands) ASSETS Current assets. Cash s 1835 $ 1288 ‘Accounts receivable, nat of allowance for doubtful accounts 45.685 38,230 (thor current assots 3.662 2509 Total currant assats 50.883 2,004 Property and equipment, not 4397 4.454 Franchise agreements, not we va848 thor i
Slide 17: Reconciliation of Non-GAAP Financial Measure
Reconciliation of Non-GAAP Financial Measure Gn thousands) Net Income to For the Trailing Twelve Monit Adjusted EBITDA! ended Net Income $11,994 Interest expense 347 Provision for income taxes 2.110 Depreciation & amortization 2278 WOTC related costs 633 EBITDA $17,298 Non-cash compensation 2,101 ‘A