Shine Justice Ltd. · ASX:SHJ
Shine Justice — Shine Corporate — H1 FY2014 Earnings Presentation
12 slides from Shine Justice's earnings presentation, Feb 26, 2014
Slide 1: Shine Corporate Ltd Half-Year 2014 Results
For personal use only SHINE CORPORATE LTD HALF-YEAR 2014 RESULTS February 2014
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and For personal use only business of Shine Corporate Limited and certain plans and objectives of the management of Shine Corporate Limited . Such forward-looking s
Slide 3: Agenda
Agenda For personal use only • Introduction • Achievements • Half-Year FY14 Results • Key Operational Drivers • Business Improvement Initiatives • Acquisition Update • FY14 Guidance 3
Slide 4: Introduction
Introduction • Australia’s third largest plaintiff litigation firm founded in 1976 For personal use only • Values driven business – “Right Wrong.” • Decentralised national operation • Brisbane head office • Strong brand • Ongoing growth – organic and acquisitions • Diversification into emerging prac
Slide 5: Introduction (cont'd)
Introduction (cont’d) For personal use only Personal Workers’ compensation Motor vehicle accidents Injury Medical negligence Litigation Public liability Product liability Professional negligence Environmental Emerging Disability insurance & superannuation Practice Class actions First party insurance
Slide 6: FY14H1 - Achievements
FY14H1 - Achievements For personal use only • Revenue growth of 16% over prior corresponding period • EBITDA growth of 42% over prior corresponding period • EBITDA margin at 31.3% up from 25.6% for prior corresponding period • Personal Injury practice - focus on productivity driving organic growth •
Slide 7: FY14H1 - Results
FY14H1 - Results For personal use only Measure FY14H1 FY13H1 %change Revenue $56.7m $48.8m h16% EBITDA $17.7m $12.5m h42% EBITDA Margin 31.3% 25.6% NPAT $11.4m $8.0m h42% Interim Dividend 1.75 cents N/A * * The Group structure was privately held at Dec 2012 with a different share capital structure a
Slide 8: FY14H1 - Key Operational Drivers
FY14H1 - Key Operational Drivers For personal use only • Organic growth: ̶ Continued fee earner growth ̶ Strong focus on productivity ̶ Staff capability enhancement through enhanced training • Acquisition growth: ̶ acquisitions during FY13, contribution in FY14H1 • Overhead control program: ̶ focus
Slide 9: Business Improvement Initiatives
Business Improvement Initiatives For personal use only • T2 business improvement project progressing • Continuous improvement to existing Shine Case Management (SCM) ̶ Firm wide review and refinement of key processes ̶ Updating of process documentation ̶ Re-training in key processes (WIP Management,
Slide 10: Acquisition Update
Acquisition Update For personal use only • Continuing to focus on damages based plaintiff litigation - ‘Inch wide mile deep’ strategy: ̶ Widen geographic footprint ̶ Continue to grow Emerging Practice Areas ̶ Take advantage of scalable model • Several acquisition prospects in the pipeline • File pur
Slide 11: FY14 Guidance
FY14 Guidance For personal use only The figures for FY10, FY11 and FY12 shown in the graphs comprise the Company, Shine Partnership and the Service Trust as if they had operated as one entity, as detailed in Shine Corporate Ltd's Prospectus of 28 March 2013. • Directors confirm FY14 IPO revenue fore
Slide 12: Questions?
For personal use only Questions? More Information: www.shine.com.au Thank you 12