Slide 1: FY2021 Half Year Results Presentation
FY2021 HALF YEAR RESULTS PRESENTATION (ASX:ICT)
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by iCollege Limited ACN 105 012 066 (the company). This presentation contains information about iCollege Limited and its subsidiaries and is current as at 11th of February, 2021. This presentation is being provided for the sole purpose of providing back
Slide 3: Company Overview
Company Overview iCollege Limited is a leading vocational training provider that comprises six businesses which deliver accredited and non-accredited vocational education and training solutions. iCollege currently has: four registered training organisations (RTOs) based in Australia: 1: Capital Trai
Slide 4: Our Businesses
Our Businesses * Domestic and Domestic and Domestic and Student market Domestic Domestic international international international Hospitality, business, foundation skills, Healthcare and Building and English language Information Course sector community services construction testing technology commu
Slide 5: iCollege Strategic Advantages
iCollege 1 EXPANSIVE GEOGRAPHICAL FOOTPRINT 2 STATE GOVERNMENT FUNDING CONTRACTS Strategic Adelaide, South Australia x 1 campus Brisbane, Queensland x 2 campuses Celtic Training holds funding contracts in Queensland and South Australia Advantages Canberra, Australian Capital Territory x 1 campus Gol
Slide 6: H1 FY2021 Highlights Financial Highlights
H1 FY2021 Highlights Financial Highlights Record revenue of 10000000 $8.8m $8.8m 8000000 $7m Up 26% on PCP and representing 6000000 77% of total FY 2020 revenue 4000000 Record operating EBITDA of $2.07m * 2000000 $673k $2m* Up 198% on PCP 0 H1 2020 H1 2021 $5.5m oversubscribed REVENUE EBITDA share p
Slide 7: H1 FY2021 Highlights Revenue Breakdown
H1 FY2021 Highlights Revenue Breakdown By Course Type By Location Hospitality Other 42% Other 23% 7% SA 18% QLD 49% WA 26% Healthcare and Construction Community Services 11% 24% • Strong enrolment growth continuing in healthcare and • Strong enrolment growth continuing in WA and SA markets community
Slide 8: International Student Diversity
International Student Diversity Rest of Asia India 20% 21% Other 3% Diversified student base drawn from over 43 countries Extensive and experienced, global student recruitment Europe Brazil network of over 150 agents 5% 17% Less than 3% of current student cohort from China Columbia Taiwan 4% 7% South
Slide 9: Operational Highlights
Operational Highlights Record student growth Strong enrolment growth across healthcare, community services, hospitality and building and construction courses Seamless switching between online and face-to-face delivery models in order to effectively deal with restrictions while ensuring maintenance o
Slide 10: Growth Strategy
Growth Strategy Proven organic growth initiatives Synergistic and complementary expansion program Expansion of course offerings to both domestic and Innovative expansion of online delivery capabilities international cohorts Exploration of accretive acquisition targets that align with Ongoing trainin
Slide 11: Growth Drivers
Growth Drivers
Slide 12: Hospitality
Hospitality VET-related Occupations* Training provider type Occupations as a proportion of the Food and Beverage services industry workforce, Hospitality qualifications: proportion of program enrolments by provider type, 2019 and the projected employment growth for each occupation to 2024 Certificate
Slide 13: Healthcare and Community Services
Healthcare and Community Services VET-related Occupations* Occupations as a proportion of the health care and Social Assistance industry workforce and the projected employment growth for each occupation to 2024 Aged and disability support worker Ranked #3 Aged and Disabled Carers Receptionists as th
Slide 14: Building and Construction
Building and Construction VET-related Occupations* Occupations as a proportion of the Building Structure Services industry workforce, and the projected employment growth for each occupation to 2024 358,000 Building and Construction businesses in Australia. Current Locations: Construction Managers Qu
Slide 15: Specialist Niche Market Offerings
Specialist Niche Sero Institute Corrections • Through its corrections group, Sero Institute delivers foundation skills, business and hospitality Market Offerings training inside 5 of Queensland’s 11 Correctional facilities • The training assists in the preparation for release of inmates by providing
Slide 16: JobTrainer
JobTrainer The Australian Government is partnering with state and territory governments to establish a new $1 billion Job Trainer Fund. Additional 340,700 training places Free or low fee courses Targeted at school leavers and job seekers Designed to develop a “job ready” workforce Administered throu
Slide 17: International Student Market $39.6 Billion
International Student Market International education is currently Australia’s fourth largest export at 4 th $39.6 Billion International Education Value By State International education supports more than 250,000 jobs across the Australian economy 3% 6% NT Schools Non-award $126m QLD WA $5.3bn $1.99b
Slide 18: International Student Market
International Student Market Global international student enrolments Historically, the International student education sector has proven to be incredibly robust, rebounding extremely well post 6.0 significant occurrences including 9/11, SARS and the Global Financial Crises (GFC) Student Enrolment (mi
Slide 19: Future Outlook
Future Outlook Continued delivery of strong revenues and record EBITDA FY2021 Increase in operating margin as fixed costs remain relatively stable Ongoing growth of new enrolments in HIGH DEMAND SKILL SHORTAGE industries Expansion of geographical footprint into new and lucrative training markets – c
Slide 20: Appendices
Appendices
Slide 21: Our Board
Our Board Simon Tolhurst Ashish Katta Badri Gosavi Chairman Managing Director Executive Director & CFO Appointed : Oct 2017 Appointed : Aug 2017 Appointed : May 2018 • Bachelor of Laws • Master of Laws (Hons) • Bachelor of Technology • Bachelor of Business Accounting & Finance (Hons) • Grad Dip Lega
Slide 22: Capital Structure
Capital Structure iCollege Limited Board and 85,980,094 14.7% Management Others 495,584,555 85.3% Shareholder Breakdown Total 581,564,649 100% 10,000,000 options exercisable at $0.05 expiring in July 2023 14.7% Options 12,000,000 options exercisable at $0.15 expiring in November 2023 Share price HY
Slide 23: Thank You
Thank You iCollege Limited (ASX:ICT)