18 slides from Cgi Inc. Class A's earnings presentation, Nov 10, 2021
Slide 1: Fourth Quarter and Fiscal 2021 Results
Fourth Quarter and Fiscal 2021 Results For the year and three month periods ended on September 30, 2021 November 10, 2021
Slide 2: Forward-looking information and statements
Forward-looking information and statements Our presentations contain “forward-looking information ”within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United Stat
Slide 3: George D. Schindler and François Boulanger
GEORGE D. SCHINDLER FRANÇOIS BOULANGER President and Executive Vice-President and Chief Executive Officer Chief Financial Officer © CGI Inc. 3
Slide 4: Q4 Fiscal 2021 Results
Q4 Fiscal 2021 Results vs Q4 F2020 Revenue $3.01B ▲ 2.8% Constant currency growth* ▲ 6.4% Adjusted EBIT* $493M ▲ 7.8% Adjusted EBIT margin* 16.4% ▲ 76 bps Net earnings $346M ▲ 37.3% Net earnings margin* 11.5% ▲ 289 bps Net earnings excluding specific items* $347M ▲ 8.9% Net earnings margin excluding
Slide 5: Q4 Fiscal 2021 Results
Q4 Fiscal 2021 Results Revenue Adjusted EBIT and margin* Cash provided by operating activities (in dollars and % of revenue) +2.8% $493 $3,007 $527 +7.8% +7.1% $2,926 $492 $458 15.6% 16.4% 16.8% 17.5% Q4 F2020 Q4 F2021 Q4 F2020 Q4 F2021 Q4 F2020 Q4 F2021 Net earnings and margin, Diluted EPS excludin
Slide 6: Fiscal 2021 Results
Fiscal 2021 Results vs F2020 Revenue $12.13B ▼ -0.3% Constant currency growth* ▲ 1.1% Adjusted EBIT* $1.95B ▲ 4.8% Adjusted EBIT margin* 16.1% ▲ 78 bps Net earnings $1.37B ▲ 22.5% Net earnings margin* 11.3% ▲ 210 bps Net earnings excluding specific items* $1.37B ▲ 5.8% Net earnings margin excluding
Slide 7: Fiscal 2021 Results
Fiscal 2021 Results Revenue Adjusted EBIT and margin* Cash provided by operating activities (in dollars and % of revenue) -0.3% +4.8% $1,952 $12,164 $2,116 $12,127 +9.1% $1,863 $1,939 15.3% 16.1% 15.9% 17.4% F2020 F2021 F2020 F2021 F2020 F2021 Net earnings and margin, Diluted EPS excluding specific
Slide 8: Demand for end-to-end services driving bookings
Demand for end-to-end services driving bookings $13.8B in F2021 bookings, book-to-bill of 114% 31% Q4 F2021 $2.9B 97% 69% BOOKINGS* BOOK-TO-BILL* CONTRACT TYPE 32% Fiscal 2021 $13.8B 114% 68% * Bookings and book-to-bill ratio are non-GAAP measures for which we provide more details in the F2021 MD&A
Slide 9: Cash provided by operating activities
Cash provided by operating activities Q4 F2021 $526.9M 17.5% $2.12 CASH FLOW % OF REVENUE PER SHARE* Fiscal 2021 $2.12B 17.4% $8.36 * Cash provided by operating activities per diluted share (non GAAP) is a measure of our cash provided by operating activities on a per share basis, assuming all diluti
Slide 10: Q4 Fiscal 2021 Results: Adjusted EBIT
Q4 Fiscal 2021 Results Adj. EBIT of $493 million; margin of 16.4%, up 76 basis from Q4 F2020 In millions Adjusted EBIT* $600 17.0% Adjusted EBIT margin* 16.4% 16.5% $500 16.0% $400 15.5% 15.0% $300 14.5% $200 14.0% 13.5% $100 13.0% $0 12.5% * Adjusted EBIT and adjusted EBIT margin are non-GAAP measu
Slide 11: Q4 Fiscal 2021 Results: Net earnings and diluted EPS
Q4 Fiscal 2021 Results Net earnings of $346M – diluted EPS of $1.39 Diluted EPS $1.60 14% Net earnings Margin* 11.5% $1.40 12% $1.20 10% $1.00 8% $0.80 6% $0.60 4% $0.40 $0.20 2% $0.00 0% * Net earnings margin is a non-GAAP measure for which we provide the reconciliation to their closest IFRS measur
Slide 12: Q4 Fiscal 2021 Results: Earnings excluding specific items
Q4 Fiscal 2021 Results Net earnings excluding specific items of $347M – diluted EPS of $1.40 excluding specific items, up 14.8% from Q4 F2020 $1.60 Diluted EPS - excl. specific items* 12.0% 11.5% Net Earnings Margin - excl. specific items* $1.40 11.5% $1.20 11.0% $1.00 10.5% $0.80 10.0% $0.60 9.5% $
Slide 13: Net debt at $2.54B, 26.6% net debt to capitalization
Q4 Fiscal 2021 Results Net debt at $2.54B or 26.6% net debt to capitalization ratio In millions Net debt * $4,000 40% Net debt to capitalization ratio* $3,500 26.6% 35% $3,000 30% $2,500 25% $2,000 20% $1,500 15% $1,000 10% $500 5% $0 0% * Net debt and net debt to capitalization ratio are non-GAAP m
Slide 14: Fiscal 2021…Strong profitability
Fiscal 2021…Strong profitability Adj. EBIT at $1.95B; margin of 16.1%, up 78 basis points from F2020 In millions Adjusted EBIT* 16.1% $2,000 17.0% Adjusted EBIT margin* 16.5% $1,800 16.0% 15.5% $1,600 15.0% $1,400 14.5% 14.0% $1,200 13.5% $1,000 13.0% * Adjusted EBIT and Adjusted EBIT margin are non
Slide 15: Fiscal 2021…GAAP EPS of $5.41, up 28.8% year-over-year
Fiscal 2021…GAAP EPS of $5.41, up 28.8% year-over-year GAAP Net earnings margin of 11.3%, up 210 basis points $6.00 12.0% Diluted EPS 11.3% $5.50 Net Margin (GAAP) * 11.5% $5.00 $4.50 11.0% $4.00 10.5% $3.50 $3.00 10.0% $2.50 9.5% $2.00 $1.50 9.0% $1.00 8.5% $0.50 $0.00 8.0% * Net earnings margin is
Slide 16: Fiscal 2021…EPS excluding specific items of $5.43, up 11.0%
Fiscal 2021…EPS excluding specific items of $5.43, up 11.0% Net earnings margin excluding specific items of 11.3%, up 65 basis points $6.00 12.0% Diluted EPS excluding specific items * 11.3% Net Margin excluding specific items * $5.00 11.5% $4.00 11.0% $3.00 10.5% $2.00 10.0% $1.00 9.5% $0.00 9.0% *
Slide 17: Fiscal 2021…$2.12 billion provided by operating activities
Fiscal 2021…$2.12 billion provided by operating activities In millions % revenue $2,500 20% Cash Flow from Operations (CFO) CFO (% of revenue) 17.4% 19% $2,000 18% 17% $1,500 16% 15% $1,000 14% 13% $500 12% 11% $0 10% © CGI Inc. 17
Slide 18: Contact our investor relations team to continue the conversation
Contact our investor relations team to continue the conversation Maher Yaghi, MSc., CFA, CPA, FRM Vice-President, Investor Relations maher.yaghi@cgi.com +1 (514) 415-3651 For more information: CGI.com/investors