Ignite Limited · ASX:IGN
Ignite — Shareholder Meeting (November 2021)
20 slides from Ignite's shareholder meeting presentation, Nov 23, 2021
Slide 1: Ignite Limited CEO Presentation
Ignite Limited CEO Presentation 23 November 2021 www.igniteco.com
Slide 2: Agenda
Agenda • FY21 Financial Review • FY21 Operating Division Results • FY22 YTD Operational Review • Specialist Recruitment Two Year Trend • Leadership Appointments • Market Opportunity • Our Strengths • Three Year Outcomes • Three Year Strategy • People and Culture Strategy • Engagement Survey Feedback
Slide 3: FY21 Financial Review
FY21 Financial Review 2021 2020 Change Year ended 30 June $000 $000 +/(-)% Revenue 113,878 125,958 (9.6) Gross profit 13,488 15,267 (11.7) Gross profit margin 11.8% 12.1% Profit/(loss) for the year 2,415 (3,777) 163.9 Loss before JobKeeper (136) (3,777) 96.4 Operating cash flow 670 4,581 (85.4) Net
Slide 4: FY21 Operating Division Results
FY21 Operating Division Results 2021 2020 Change Year ended 30 June $000 $000 +/(-)% Specialist Recruitment Revenue 104,659 114,477 (8.6) Gross profit 11,146 12,440 (10.4) Managed Services Revenue 9,219 11,481 (19.7) Gross profit 2,342 2,827 (17.2) Specialist Recruitment – Revenue and gross profit d
Slide 5: FY22 YTD Operational Review
FY22 YTD Operational Review Specialist Recruitment – Revenue and gross profit increased year on year (10.8%) driven by increases in contingent labour volumes and permanent recruitment in certain markets. We have also seen an increase in our gross margin per contractor which has had a positive impact
Slide 6: Specialist Recruitment Two Year Trend
Specialist Recruitment Two Year Trend 22 vs 21 2 yr CAGR YTD October +/(-) % +/(-) % Gross profit/contractor hour 17.3 5.8 Permanent placements 39.1 (34.7) Gross profit/permanent placement 16.4 12.5 Total gross profit/client facing head 14.0 24.2 Contractors – While contractor volumes in certain par
Slide 7: Leadership Appointments
Leadership Appointments Chief Executive Officer Tim Moran Executive GM, Talent Solutions Nikki Grech GM, Specialist Recruitment Bernt Schindler (VIC/NSW/WA) www.igniteco.com
Slide 8: Market Opportunity
Market Opportunity Technology Federal Government Engineering Australian IT cloud market Spends $5 billion a year on $48 billion to be spent on growing at 40% per annum, contractors across public major infrastructure projects worth $7.7 billion. service (20% IT). nationally by FY24. Australia’s cyber
Slide 9: Our Strengths
Our Strengths Federal Government Client Experience/Knowledge Client Performance 6th largest Federal Government Our top 10 clients represent 48.2% of In FY21 we grew the gross margin recruitment supplier (out of 950) in our business across Specialist contribution in all of our top 5 national FY21 by
Slide 10: Three Year Outcomes
Three Year Outcomes Build a sustainable diversified business that will have a profitable and scaled Specialist Recruitment division which will be complimented by a high growth Managed Services division which has a track record of delivering significantly higher margins and operating profit conversio
Slide 11: Three Year Strategy
Three Year Strategy FY23 1. Invest 2. Transform 3. Grow FY22 FY24 www.igniteco.com
Slide 12: Three Year Strategy: 1. Invest
Three Year Strategy 1. Invest FY22 • Establish a strong brand that positions ourselves to achieve sustainable growth by developing and implementing a people and culture strategy. • Unite our business lines and deliver them cohesively to the market. • Expand our market share with more higher margin b
Slide 13: Three Year Strategy: 2. Transform
Three Year Strategy 2. Transform FY23 • Build on strong culture that helps attract and retain top talent to achieve sustainable growth. • Hire leaders to bolster our technology expertise and establish an enterprise client development team. • Continued development of National Resource Centre servicin
Slide 14: Three Year Strategy: 3. Grow
Three Year Strategy 3. Grow FY24 • Expand our national office infrastructure. • Execution of People & Culture Strategy will provide platform to transition to scaled Specialist Recruitment business • Significantly increased contribution from our Managed Services businesses with Technology Consulting
Slide 15: People and Culture Strategy
People and Culture Strategy How do we attract, develop and retain the talent to deliver our strategy? • Communicate a consistent purpose, vision and mission Plan • Develop a clear EVP and brand • Build a strong inclusive culture • Create clear career progression pathways Attract • Offer attractive i
Slide 16: Engagement Survey Feedback
Engagement Survey Feedback My actions and work adhere to Ignite's values and behaviours. 98% I am open to change and using different initiatives to improve productivity. 94% My manager makes decisions that are focused on what is good for the organisation, not just good for their team. 94% Ignite's b
Slide 17: Ignite in 2024
Ignite in 2024 A leading staffing and solutions provider in ANZ. Established and sustainable technology consulting and talent solutions arms complimenting a scaled national Specialist Recruitment business. National Resource Centre aligned with verticals and customers. Sustainable profitability and s
Slide 18: Ignite in 2024
Ignite in 2024 Shared Services HR Finance Strategy IT Marketing Technology Consulting Specialist Staffing Talent Solutions IT managed services provider Specialist vertical recruiter Tailored human capital solutions Managed IT Services Government Recruitment Process Outsourcing Statement of Work Tech
Slide 19: Strategy Delivery
Strategy Delivery Aligned, experienced and Streamlined ambitious executive team vertical market with track record. focus. Investment in technology Focus on EVP consulting and to attract and retain talent solutions divisions. top talent. www.igniteco.com
Slide 20: Thank you. Questions?
Thank you. Questions? www.igniteco.com