Elixirr International Plc · LSE:ELIX
Elixirr International — H1 2024 Earnings Presentation
30 slides from Elixirr International's earnings presentation, September 2024
Slide 1: Investor Presentation H1 24
S E PT E M BE R 2 0 24 Investor Presentation H1 24 E L I X I R R I N T E R N AT I O N A L P LC R E G I ST E R E D I N E N G L A N D A N D WA L E S 117 2 3 4 0 4
Slide 2: Contents
Elixirr International PLC 2 Contents 01 04 CEO Introduction Clients 02 05 Financial Performance Summary & Outlook 03 Business Review
Slide 3: Contents
Elixirr International PLC 3 Contents 01 04 CEO Introduction Clients 02 05 Summary & Outlook 03 Business Review
Slide 4: CEO statement on first half performance
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 4 “We do things differently at Elixirr and our performance in the first half of the year further proves that our strategy and model is working. I am so proud of our talented team who continue t
Slide 5: CEO Highlights H1 24
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 5 CEO Highlights H1 24 Elixirr is an established global award-winning management consultancy. We are never satisfied with the status quo. We set new benchmarks. We set our clients apart… and we
Slide 6: What makes Elixirr the Challenger Consultancy
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 6 What makes Elixirr the Challenger Consultancy We have “big firm” expertise We deliver breakthrough results and combined with small firm drive end-to-end execution agility, and service We supp
Slide 7: Contents
Elixirr International PLC 7 Contents 01 04 CEO Introduction Clients 02 05 Financial Performance Summary & Outlook 03 Business Review
Slide 8: H1 24 Financial Highlights
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 8 H1 24 Financial Highlights £53.0m £17.4m £15.1m 29% Total Revenue Gross Profit Adjusted EBITDA Adjusted EBITDA Margin H1 23: £41.6m (+28%) H1 23: £14.3m (+21%) H1 23: £12.3m (+23%) H1 23: 30%
Slide 9: Strong H1 24 financial performance
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 9 Strong H1 24 financial performance We have maintained our historic track record of profitable growth since £53.0m £15.1m £12.0m 2009, which has been accelerated since IPO by our four-pillar g
Slide 10: Overall revenue growth
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 10 Overall revenue growth Our success in winning new work and expansion of key accounts by leveraging our broad skillset, resulted in 14% organic growth in H1 24. H1 24 Performance H1 2024 Reve
Slide 11: Growing, high-performing Partner team
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 11 Growing, high-performing Partner team H1 24 average revenue per client-facing Partner of £2.09m is largely consistent with H1 23 (+2% increase) and highlights the ability of the entire Elixi
Slide 12: Cash generative business, with no debt
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 12 Cash generative business, with no debt Elixirr continues to be a highly cash generative business. • The Group's net cash position increased £7.0m by 14% from £19.5m at 30 June 2023 to £22.1m
Slide 13: Strong balance sheet
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 13 Strong balance sheet £m H1 24 FY 23 Comments Intangible assets 100.3 100.9 Amortisation of intangibles. Loan to new Partner to acquire equity, net of Non-current tangible assets 18.4 18.7 Pa
Slide 14: Contents
Elixirr International PLC 14 Contents 01 04 CEO Introduction Clients 02 05 Summary & Outlook 03 Business Review
Slide 15: Our growth in H1 24 facilitated by four-pillar growth strategy
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 15 Our growth in H1 24 has been facilitated by our established four-pillar growth strategy Growth Strategy Organic • In H1 24, established Partners Organic • To date this year, one new Partner
Slide 16: Illustrative model of growth and dilution
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 16 Illustrative model to highlight relationship between growth Equity value assumptions and dilution 20% 28% 70% Organic growth rate EBITDA margin EBITDA to FCF <5% dilution with 2.9x equity va
Slide 17: Acquisition strategy transformed our service offering
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 17 £30m+ Through our acquisition strategy we have transformed our Cumulative cross sell revenue to date service offering to better meet clients’ needs £8m+ Cross sell revenue year in H1 2024 <
Slide 18: Growing own talent pool, giving back to communities
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 18 Elixirr has continued to grow its own talent pool, whilst giving back to communities that have been foundational to our success South Africa has always been part of Elixirr’s heritage since
Slide 19: Inorganic growth prospects
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 19 Inorganic growth prospects Our dedicated M&A team screened a further 700+ targets in the first half of 2024, with several potential acquisition opportunities currently in advanced stages. We
Slide 20: Contents
Elixirr International PLC 20 Contents 01 04 CEO Introduction Clients 02 05 Summary & Outlook 03
Slide 21: Client overview
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 21 As we have grown, we have built significant diversification into our client base. Spreading Client overview revenue across clients whilst simultaneously growing key accounts June 24 (LTM) To
Slide 22: How we have built the Challenger Consultancy brand
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 22 Our brand campaigns reinforce our positioning as the Challenger Consultancy, for the bold How we have built the Challenger Consultancy brand business leaders. Following our 2021 rebrand, we
Slide 23: We become trusted advisers with our clients throughout their careers
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 23 We become trusted advisers with our clients throughout their careers One example of many… 2 01 2 – 2 0 21 2 0 21 – 2 0 24 2 0 24 We developed a deep, foundational Our client then transitione
Slide 24: Contents
Elixirr International PLC 24 Contents 01 04 CEO Introduction 02 05 Summary & Outlook 03
Slide 25: A highly profitable and fast-growing consultancy
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 25 A highly profitable and fast-growing consultancy that is perfectly positioned to be the best consulting firm in the world A proven track record of delivering stellar 37% 29 - 32% growth in p
Slide 26: A strong outlook
CEO Introduction Financial Performance Business Review Clients Summary & Outlook Elixirr International PLC 26 A strong outlook As a result of the strong start to the year in H1 24, we remain confident in the Group’s full FY 24 Outlook year outlook for FY 24. H1 Revenue Summary 28% revenue growth Rec
Slide 27: Questions
Elixirr International PLC 27 Questions
Slide 28: Disclaimer
Elixirr International PLC 28 Disclaimer This presentation, which has been prepared by, and is the sole responsibility of, This Presentation does not purport to be a complete description of the Company’s Elixirr International plc (the "Company"), has been prepared solely in connection business or res
Slide 29: officers, employees, agents, affiliates, representatives or advisers undertakes or No representation is being made
Elixirr International PLC 29 officers, employees, agents, affiliates, representatives or advisers undertakes or No representation is being made that any investment will or is likely to achieve agrees any obligation to update or revise any forward-looking or other statements profits or losses similar
Slide 30: A carefully curated collection of premium business services
SEPTEMBER 2024 A carefully curated collection of premium business services. All in one place. We’re a firm of entrepreneurs, building and running our own businesses. Together. You’ve heard of the challenger banks? We’re The Challenger Consultancy. E L I X I R R I N T E R N AT I O N A L P L C | REGIS
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