Fdm Group (holdings) Plc · LSE:FDM
Fdm Group (holdings) — FY2021 Earnings Presentation
18 slides from Fdm Group (holdings)'s earnings presentation, 2022
Slide 1: FDM Group (Holdings) plc Results for the year ended 31 December 2021
FDM Group (Holdings) plc Results for the year ended 31 December 2021 Rod Flavell - CEO Mike McLaren - CFO
Slide 2: Highlights for the year ended 31 December 2021
Highlights for the year ended 31 December 2021 Record achieving year Mounties deployed Mountie utilisation % 97.3% 97.3% 97.3% 4,033 3,924 96.1% 3,747 94.8% 3,580 3,170 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 2017 2018 2019 2020 2021 +3% +13% +1.2ppts. +2.5ppts. vs 2019 vs 2020 vs 2019 vs 2020 Number in
Slide 3: Highlights for the year ended 31 December 2021
Highlights for the year ended 31 December 2021 Mounties deployed by region Regional distribution of Mounties 2,500 3,924 4,033 3,747 3,580 3,170 10% 13% 22% 2,000 5% 7% 18% 10% 6% 6% 8% 1,500 32% 32% 30% 27% 30% 1,000 UK 500 54% 53% 48% 45% 44% NA - Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 2017 2018 2019
Slide 4: Highlights for the year ended 31 December 2021
Highlights for the year ended 31 December 2021 Revenue (£m) Adjusted Operating Profit (£m) Adjusted Profit Before Tax (£m) 271.5 267.7 267.4 54.5 55.2 51.2 233.6 244.9 51.8 46.8 42.0 46.7 47.7 47.3 42.7 Flat +11% +11% vs 2020 vs 2020 2017 2018 2019 2020 2021 vs 2020 2017 2018 2019 2020 2021 2017 201
Slide 5: Our Markets
Our Markets North America 2019 2020 2021 21 vs 20 21 vs 19 UK¹ 2019 2020 2021 21 vs 20 21 vs 19 Mounties deployed 1,277 1,086 1,095 1% (14%) Mounties deployed 1,880 1,574 1,806 15% (4%) Revenue £96.0m £97.1m £81.4m (16%) (15%) Revenue £134.8m £116.7m £121.8m 4% (10%) Adjusted operating profit £16.5m
Slide 6: Our Markets
Our Markets EMEA¹ 2019 2020 2021 21 vs 20 21 vs 19 APAC 2019 2020 2021 21 vs 20 21 vs 19 Mounties deployed 270 287 252 (12%) (7%) Mounties deployed 497 633 880 39% 77% Revenue £18.1m £23.9m £25.0m 5% 38% Revenue £22.6m £30.0m £39.2m 31% 73% Adjusted operating profit £2.8m £4.5m £3.4m (24%) 21% Adjus
Slide 7: Regional Distribution
Regional Distribution Revenue (£m) Training completions New clients 2,410 97 271.5 267.7 267.4 8% 2,155 244.9 2,115 11% 21% 22% 233.6 15% 7% 8% 78 7% 77 6% 9% 5% 14% 6% 72 6% 9% 8% 10% 1,626 8% 13% 22% 11% 6% 35% 10% 34% 38% 1,341 13% 32% 36% 6% 18% 52 10% 30% 27% 18% 33% 23% 17% 33% 31% 26% 7% 6% 3
Slide 8: Headcount by Industry
Headcount by Industry Industries 2019 2020 2021 Banks 47% 52% 53% Diversified Financials 16% 15% 13% Software & IT Services 8% 5% 7% Insurance 7% 6% 7% Government 7% 8% 6% Energy 4% 4% 3% Commercial & Professional Services 2% 1% 3% Media & Entertainment 3% 3% 3% 2021 Consumer Services 1% 1% 1% Healt
Slide 9: Mountie Headcount
Mountie Headcount 2020 2021 3% 4% Ex-Forces and Returners 5% Veterans Programme 5% Programme 860+ former service personnel 310+ returners placed on-site to date placed on-site to date 92% 91% 2020 2021 2020 2021 194 196 112 156 Returners Ex-Forces • Supporting and transitioning former • Supporting a
Slide 10: Top Clients by Headcount
Top Clients by Headcount 2,500 2,000 1,500 1,000 500 - Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 HSBC TD Bank Deutsche Bank Lloyds DWP Morgan Stanley Sky ANZ BAML Shell DBS RBC Fannie Mae Manulife BNP BMO Credit Suisse JPMorgan UBS British Airways Home Office Barclays ‘All clien
Slide 11: CSR & Inclusivity
CSR & Inclusivity At FDM, diversity and inclusion starts at the top. It is ingrained into the FDM culture and championed by the leadership team Nationalities Gender Ethnicity Disability 81 95+ 31% 46% 1 5% 1 nationalities of worldwide are from a consider working FDM employees BAME2 themselves to tog
Slide 12: Training Accreditation
Training Accreditation Working with our accreditation partner, TechSkills, we achieved the Tech Industry gold standard accreditation for the following courses: Page 11
Slide 13: FDM Recognition
FDM Recognition € gradaustralia TOP100 GRADUATE EMPLOYERS OO MOBILITY EMPLOYER ©, ‘~ %, parc &. _ Page 12
Slide 14: Summary
Summary o FDM made good progress in 2021, with performance comfortably in line with the Board's expectations o Strong growth in Mountie headcount, up 13% from 2020 year-end, with APAC growing significantly (+39% since 2020 year-end) o Record levels of recruitment and training, with 2,410 training co
Slide 15: Income Statement
Income Statement for the year ended 31 December 2021 2021 2020 £'000 £'000 Revenue 267,356 267,737 Cost of sales (140,641) (138,957) Gross profit 126,715 128,780 Administrative expenses (84,700) (87,040) Operating profit 42,015 41,740 Finance income 58 99 Finance expense (650) (815) Net finance expe
Slide 16: Statement of Financial Position
Statement of Financial Position as at 31 December 2021 2021 2020 £'000 £'000 Non-current assets Right-of-use assets 11,631 14,774 Property, plant and equipment 4,069 5,554 Intangible assets 19,597 19,885 Deferred income tax assets 2,484 2,123 37,781 42,336 Current assets Trade and other receivables
Slide 17: Statement of Cash Flows
Statement of Cash Flows 2021 2020 for the year ended 31 December 2021 £'000 £'000 Cash flows generated from operations 52,147 66,134 Interest received 58 99 Income tax paid (10,606) (11,464) Net cash inflow from operating activities 41,599 54,769 Cash flows from investing activities Acquisition of p
Slide 18: Forward-looking statements
Forward-looking statements This report contain statements which constitute “forward-looking statements”. Although the Group believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to be correct. Because