Peoplein Limited · ASX:PPE
Peoplein — People Infrastructure — FY2021 Earnings Presentation
27 slides from Peoplein's earnings presentation, Aug 26, 2021
Slide 1: People Infrastructure Ltd Annual Results FY 2021
For personal use only People Infrastructure Ltd Annual Results FY 2021
Slide 2: FY21 Key Highlights
FY21 Key Highlights For personal use only People Infrastructure grew considerably throughout the year both organically and as a result of further acquisitions completed in the second half of the year. Specifically the company benefited from strengthening employment markets, exposure to growth sector
Slide 3: FY21 Highlights
FY21 Highlights Our Customers For personal use only 13,500+ 7.7 million 2,700+ New on-hire Hours billed, an 18% Clients served and permanent increase on FY20 roles filled Our People 4 111 68% Brands joined Employees joined Female workforce the PeopleIN the group, now family totalling 480 Our Communi
Slide 4: Key Highlights
Key Highlights For personal use only Acquisitions Completed: Swingshift (Healthcare) Continued Opportunities Ecareer & Illuminate (IT) For Acquisitions in FY22 with Techforce (Industrial) $50-$70 Vision Surveys (Op services) million Funding through debt Organic Business Units Continue to Grow: and f
Slide 5: Key Highlights: Robust Employment Market Drives Demand
Key Highlights Robust Employment Market Drives For personal use only Demand for Recruitment Services The labour market is robust, consistent with a V-expansion buffeted by temporary lockdowns Employment is up 6.31% YoY and more meaningfully 1.4% above pre-COVID levels Employment is growing at a rapi
Slide 6: Consistently Growing Shareholder Returns
Total shareholder return since listing of 360% Consistently Growing Shareholder Returns For personal use only Compound earnings per share growth over the last 5 years of 27.2% 500 Revenue Growth ($m) 444.4 26 NPATA Growth ($m) 25.0 400 5 Yr CAGR 374.2 20 5 Yr CAGR 18.2 of 25% of 37% 300 278.2 12.1 1
Slide 7: Strategy
For personal use only Strategy
Slide 8: Our Family of Brands
For personal use only Our Family of Brands
Slide 9: Customer Solutions Services and Strategic Pillars
Customer Solutions Services Talent sourcing On-hire & permanent Talent Talent Lifecycle staffing Development For personal use only Education & Training PeopleIN will continue expanding its service mix across all verticals Staffing On-hire & permanent recruitment staffing via our growth solutions for
Slide 10: Our Three Strategic Pillars
For personal use only Together Perform Transform Our Three Grow together as one Cultivate our businesses to Lay down the tracks for our business and as one tribe be the leading businesses in future prosperity the markets they serve Create and progress a Development of high Strategic united PeopleIN
Slide 11: Addressable Markets of Focus
Addressable Markets of Focus For personal use only Combined Staffing Services Business Services Operations Services Opportunity Health, social & Industrial allied services services $29b* $96b* $76b* $54b* >$255b* Adjacent Growth Adjacent Growth Growth Opportunities: New markets within Opportunities:
Slide 12: Financial Results
For personal use only Financial Results
Slide 13: Underlying Results
Underlying Results For personal use only Record EBITDA contribution of $38m Second half contributed $17m in normalized EBITDA which was a record half for the business Techforce and Vision Surveys (QLD) acquisitions completed should generate an incremental $7.8m in EBITDA in 2022 $'000 FY21 FY20 Mvmt
Slide 14: Divisional contribution to EBITDA
Divisional contribution to EBITDA For personal use only Specialist Services 17% Healthcare & Information Community Technology 21% 42% Industrial 1% 20%
Slide 15: Capital Management
Capital Management For personal use only Strong Financial Position FY21 Able to undertake future acquisitions of up to $50m - $70m based on maintaining conservative gearing of less than 1x Net Debt $25,249,600 EBITDA Net Debt to EBITDA x 0.66 Industry leading debtor collections driven by sophisticat
Slide 16: Cash Conversion
Cash Conversion Jun-21 For personal use only Jun-20 Cash Flows from Operating Activities $ $ of 84% Receipts from customers 475,406,211 405,537,546 Payments to suppliers and employees (455,044,666) (369,026,489) Interest received 8,833 11,468 Finance costs (1,548,488) (2,291,510) Income tax (paid)/r
Slide 17: Business Performance Update
For personal use only Business Performance Update
Slide 18: Total Group Billed Hours and Perm Billings
Total Group Billed Hours and Perm Total Group Billed Hours (avg. per week) Billings For personal use only 250,000 200,000 During the initial stages of the COVID-19 pandemic, we 150,000 maintained our employment connection with our on-hire staff to support the needs of our clients. 100,000 Mobile wor
Slide 19: Healthcare Vertical
Healthcare Vertical Outlook For personal use only Leading workforce of supplementary nurses and personal carers on the Eastern Seaboard of Australia providing staffing into Launched rural and regional nursing business focused hospitals and aged care facilities. on non-metropolitan markets Launched p
Slide 20: Community Services Vertical
Community Services Vertical Workforce management and supplementary staffing within For personal use only the Disability and Child Protection sectors across Australia. Increase in revenue throughout the year Community services revenue has grown during 2021 – Community Service - Billed Hours a combina
Slide 21: Technology Vertical
Technology Vertical Information Technology - Billed Hours 370,000 Leader in Technology recruitment focusing on IT sales and For personal use only marketing, product, cloud, cybersecurity, data & analytics, IT consulting, and technical support. 302,500 Increase in revenue throughout the year 235,000
Slide 22: Industrial & Specialist Services Vertical
Industrial & Specialist Services Vertical (excl. Techforce) For personal use only Leader in providing general staffing services to small and medium-sized businesses across Australia in a wide range of Techforce and Vision Surveys (Qld) sectors including industrial, childcare, and hospitality. Also O
Slide 23: Outlook
For personal use only Outlook
Slide 24: Outlook
Making an extraordinary impact For personal use only by harnessing the talent in our people: PeopleIN continues to experience significant demand across its business in all its divisions which will drive organic growth Improving IT systems to enhance employee productivity Traditionally strong bounce
Slide 25: Appendices: Financial Detail
For personal use only Appendices: Financial Detail
Slide 26: Appendix 1: Reconciliation of Statutory PBT to Underlying EBITDA
Appendix 1: Reconciliation of Statutory PBT to Underlying EBITDA For personal use only 30-Jun-21 30-Jun-20 $ $ Statutory Profit Before Tax 26,750,204 21,923,506 Depreciation and amortisation 6,733,507 6,597,692 Finance costs 1,548,488 2,291,510 EBITDA 35,032,199 30,812,708 Normalisation adjustments
Slide 27: For personal use only
For personal use only