Enero Group Limited · ASX:EGG
Enero — Shareholder Meeting (October 2022)
17 slides from Enero's shareholder meeting presentation, Oct 20, 2022
Slide 1: Enero Group 2022 Annual General Meeting
Enero Group 2022 Annual General Meeting 20 October 2022 1
Slide 2: Chair Address
Chair Address — Ann Sherry AO 2
Slide 3: Record FY22 financial results
Record FY22 financial results OPERATING REVENUE NET PROFIT EBITDA $193.4 million $62.2 million* $27.1 million* +20.4% YoY +40.1% YoY +18.8% YoY OPERATING DIVIDEND NET CASH CASH FLOW PER SHARE $48.8 million $52.3 million** 12.5 cents 96% cash conversion *Excluding significant items and underlying Ope
Slide 4: Our global operating model
enero WHO WE ARE WE ARE A CREATIVE TECHNOLOGY COMPANY A group of specialists who accelerate high-growth businesses by transforming brands and deploying creative data and technology to enrich customer experiences CREATIVE DATA AND TECHNOLOGY High-quality customer experiences connected PORTFOLIO by te
Slide 5: FY22 delivered against priorities
FY22 delivered against priorities + + + TALENT CAPABILITY PRODUCTIVITY INNOVATION Strong talent acquisitions in Hotwire MBA Global systems Ongoing assessment key roles at OB Media, proposition delivers continue to be of internal and external Orchard and BMF joint wins and cross implemented investmen
Slide 6: CEO Business Review
CEO Business Review — Brent Scrimshaw 6
Slide 7: Enero's strategy is to provide relevant and integrated services with deep vertical expertise
Enero’s strategy is to provide relevant and integrated services with deep vertical expertise Clients want integrated support … Our FY23-FY25 strategy: Integrated experts in the verticals that count • Client roles/buyers are merging (CMO=CRO) • Communications specialties no longer work in siloes • Mu
Slide 8: Strong track record of growth
Strong track record of growth HIGHLIGHTS • Net revenue continues to grow both organically and through GROWING NET REVENUE (A$M)* GROWING OPERATING EBITDA (A$M) AND MARGIN (%)* acquisitions over the past 5 years. Acquisitions include 45 30% Orchard in FY18, MBA in FY21 180 40 • GetIT and ROI DNA to 1
Slide 9: Diversified revenue with deep client relationships
Diversified revenue with deep client relationships Net revenue is diversified across industry and geography High client longevity Consumer Goods % of clients by length of relationship Finance Other 3% 2% 1% Transport, Airlines & Auto 4% 6 years or more 46% Services 10% Information 4 years or more 20
Slide 10: Brand Transformation
Brand Transformation CREATIVE AGENCY: THE GLOBAL TECH HOME OF THE LONG IDEA – ENDURING, COMMUNICATIONS CONSULTANCY EFFECTIVE, EMOTIVE END TO END IDEAS Key • Double digit top and bottom-line growth • Double digit top and bottom-line growth • 110bp EBIT margin improvement YoY • 170bp EBIT margin impro
Slide 11: Creative Technology and Data
Creative Technology and Data PROGRAMMATIC MARKETING PLATFORM: DIGITAL AGENCY: HELPING BUSINESSES ACCESS ONLINE TRANSFORMING BUSINESSES THROUGH ADVERTISING MARKETS BETTER CONNECTED EXPERIENCES • Substantial top and bottom-line growth Key • Net revenue and EBITDA growth YoY • ~120% increase in custome
Slide 12: 15 offices & over 900 employees around the world
15 offices & over 900 employees around the world FY22 GEOGRAPHICAL CONTRIBUTIONS FROM OPERATING COMPANIES* REVENUE EBITDA USA 36% 58% UK AND EUROPE 22% 16% AUSTRALIA 42% 26% *Reflects Enero’s 51% economic ownership of OB Media 12
Slide 13: FY22 summary
FY22 summary ✓ FY22 financial results add to strong track record • 20% Net revenue growth • Industry leading margins • All businesses contributing profit ✓ Well diversified revenue base across businesses ✓ Integrated services and deep vertical expertise demonstrated by Hotwire’s ‘Reputation to Reven
Slide 14: FY23 outlook and trading update
FY23 outlook and trading update — Brent Scrimshaw CEO 14
Slide 15: FY23 key priorities
FY23 key priorities Capability Commercialise Drive Magnet for Focus on Core Enhancement Investments Efficiency Talent • Drive key • Continued • Complete • Systems and • Refine post- initiatives to investment in new integration of processes to COVID workplace strengthen and capabilities recent improv
Slide 16: Q1 Trading Update
Q1 Trading Update • Enero Group saw a continuation of its sustainable revenue and ($M) Q1 FY23 Q1 FY22 YoY % change EBITDA growth over Q1FY23 Net Revenue 61.8 45.6 35.5% • FY23 Q1 revenue is up 35.5% year-on-year and 19.1% on a like Operating EBITDA 19.2 14.7 30.1% for like basis excluding acquisiti
Slide 17: Disclaimer
Disclaimer This document has been prepared by Enero Group Limited Except for any statutory liability which cannot be excluded, (Enero) and comprises written materials/slides for a each of Enero, its related companies and their respective presentation concerning Enero. This is not a prospectus, offic