Slide 1: Financial results H1 23
SEPTEMBER 2023 Financial results H1 23 ELIXIRR INTERNATIONAL PLC REGISTERED IN ENGLAND AND WALES 11723404
Slide 2: Contents
Elixirr International plc 2 Contents 01 04 CEO Introduction Business Review 02 05 Executive Summary Summary & Outlook 2023 03 06 Financial Performance Appendix
Slide 3: CEO Introduction
Elixirr International plc 3 Contents 01 CEO Introduction 2023
Slide 4: CEO statement on H1 2023 momentum
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 4 “We began 2023 with great momentum, and have continued to progress strongly through the period, leveraging our acquisitions to maximise the firm’s overall performance. The
Slide 5: The quality of MBB and the agility of a boutique
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 5 The quality of MBB and FINANCIAL SERVICES INSURANCE the agility of a boutique We have focussed on digital, data, AI and innovation to differentiate from traditional strateg
Slide 6: Opportunity for growth
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 6 Opportunity for growth FINANCIAL SERVICES INSURANCE Our aim is to become the best digital, data and AI consultancy in the world – this is where the opportunity lies for gro
Slide 7: Executive Summary
Elixirr International plc 7 Contents 02 Executive Summary 2023
Slide 8: CEO highlights H1 23
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 8 CEO highlights H1 23 2009 13 Established Years of growth Elixirr is an established global award-winning management consultancy. We are never satisfied with the status quo.
Slide 9: H1 23 Financial Highlights
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 9 H1 23 Financial Highlights £41.1m £14.3m £12.3m 30% Total revenue Gross Profit Adjusted EBITDA Adjusted EBITDA margin H1 22: £33.4m (+23%) H1 22: £11.4m (+26%) H1 22: £10.4
Slide 10: Financial Performance
Elixirr International plc 10 Contents 2023 03 Financial Performance
Slide 11: Proven track record of performance
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 11 Proven track record £41.1m £12.3m 45% of performance Total revenue Adjusted EBITDA Revenue CAGR Strong growth of An increase in absolute terms of 19% From H1 20 to H1 23 W
Slide 12: Overall revenue growth
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 12 Overall revenue growth Our focus on growing existing relationships and bringing on new clients resulted in strong double-digit underlying organic growth of 14% in H1 23. H
Slide 13: Growing, high-performing Partner team
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 13 Growing , high-performing Partner team Our four-pillar growth strategy The strength of our Partner team has continued to be demonstrated in the period with an exceptional
Slide 14: Cash generative business, with no debt
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 14 Cash generative business, with no debt Elixirr continues to be a highly cash generative business. £3.5m Free cash flow H1 23 Cash flow • High cash conversion of EBITDA As
Slide 15: Continued strong balance sheet
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 15 Continued strong balance sheet £m H1 23 FY 22 Comments Decrease due to FX losses on translation of iOLAP Intangible assets 81.2 83.6 goodwill and amortisation of intangibl
Slide 16: Business Review
Elixirr International plc 16 Contents 04 Business Review 2023
Slide 17: Client overview H1 23
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 17 Client overview H1 23 H1 23 Top 10 Clients Solidifying our position as a firm with MBB quality and boutique agility, Define & Transform Improve Length of growing our strat
Slide 18: We have acquired a Generative AI firm
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 18 We have acquired a Generative AI firm A market leading AI firm with which we have Founders already validated the combined opportunity Responsum is an AI firm that enables
Slide 19: Proven synergy and huge future opportunities
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 19 Proven synergy and huge future opportunities We have already been proving the synergy in working with Responsum on multiple engagements and see huge future opportunities i
Slide 20: Our M&A track record
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 20 Our M&A track record We have an M&A track record of acquiring high quality boutique firms that provide complementary capabilities +£19m Cumulative cross sell revenue and a
Slide 21: Inorganic growth prospects
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 21 Inorganic growth prospects We have a strong pipeline of target firms with near-term deals formed in Q3 of 2023 in addition to the acquisition of Responsum, further adding
Slide 22: Summary & Outlook
Elixirr International plc 22 Contents 05 Summary & Outlook 2023
Slide 23: A strong outlook
CEO Introduction Executive Summary Financial Performance Business Review Summary & Outlook Appendix Elixirr International PLC 23 A strong outlook Thanks to the momentum the firm continued to build in FY 23 Outlook H1 23, and the investments made in each of the firm’s four growth pillars, the outlook
Slide 24: Questions
Elixirr International plc 24 Questions 2023
Slide 25: Disclaimer
Elixirr International plc 25 Disclaimer This presentation, which has been prepared by, and is the sole responsibility This Presentation does not purport to be a complete description of the of, Elixirr International plc (the "Company"), has been prepared solely in Company’s business or results. No un
Slide 26: Disclaimer (continued)
Elixirr International plc 26 officers, employees, agents, affiliates, representatives or advisers No representation is being made that any investment will or is likely to undertakes or agrees any obligation to update or revise any forward-looking achieve profits or losses similar to those achieved i
Slide 27: A carefully curated collection of premium business services
SEPTEMBER 2023 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. ELIXIRR INTERNATIONAL PLC | REGISTERED IN ENGLAND AN