Ashley Services Group Ltd. · ASX:ASH
Ashley Services — Shareholder Meeting (November 2021)
9 slides from Ashley Services's shareholder meeting presentation, Nov 4, 2021
Slide 1: 2021 Annual General Meeting
& ASHLEY SERVICES GROUP LABOUR HIRE | RECRUITMENT | TRAINING D vw . uA ashley)... a4) nationalinstitute AAcTION conceet 2 2 2 ~ concegt concect == EE Q0 = ISA je 8 2021 ANNUAL GENERAL MEETING Thursday 04 November 2021
Slide 2: Meeting agenda
™ Opening Address from Chairman — lan Pratt ™ Business Update from Managing Director — Ross Shrimpton ™ Qi FY22 Financial Results — Chris McFadden CFO ™ Resolutions as per Notice of Meeting ™ General Business = Close of Annual General Meeting ——==<=—_—— ttsti—s
Slide 3: Q1 FY22 results summary
ASHLEY SERVICES GROUP LABOUR HIRE } RECRUITWENT I TRAINING NPAT for Q1 FY22 at $2.3m was up $0.3 million on $ million “ones, “eres, hayes toes on the prior corresponding period Revenue by segment EBITDA for Q1 FY22 at $3.7m is up $0.3m (8.2%) on labour Hire 103.6 85.1 181.7 192.3 374.0 prior corresp
Slide 4: Balance sheet
ASHLEY SERVICES GROUP E ) RECRUITWENT | TRAINING Unaudited Unaudited Audited p Qury22 qQuFY2i—FY21 Current Assets Cash and cash equivalents 43 51 3.0 Cash balance up by $1.3m from end FY21 due to working capital Trade and other receivables 47.5 37.9 44.4 . . . Current tax receivable 2 : : requiremen
Slide 5: Cash flow
Unaudited Unaudited Audited iti million Q1FY22 QLFY21 FY21 EBITDA 3.7 3.4 15.5 Change in working capital (0.9) (1.5) (6.1) Net interest/tax received / (paid) (1.1) (0.7) (4.0) Other 0.3 (0.7) - Net Cash from / (used in) operating activities 21 0.5 5.4 Property, plant and equipment (0.3) (0.1) (0.8)
Slide 6: Labour Hire division results
$ million Revenue EBITDA EBITDA margin % Labour hours charged (millions) Unaudited Q1 FY22 103.6 4.3 4.21% 2.164 Unaudited Audited Qi FY21 Fy21 85.1 374.0 3.7 17.8 4.34% 4.78% 1.785 7.995 ACTION WORKFORCE Retail Solutions ? Track Safety Australia ASHLEY SERVICES GROUP LABOUR HIRE } RECRUITWENT I TRA
Slide 7: Training division results
$ million Revenue EBITDA EBITDA margin % Unaudited Unaudited ad ashley,,..; ASHLEY SERVICES GROUP Training Division has seen a pleasing lift in revenue, up $0.8m or 43% with this growth well spread across all states COVID challenges were in existence across most markets in Q1, with the ability to fi
Slide 8: Proxy voting results on resolutions
ASHLEY SERVICES GROUP P. Resolution For Against . roxy Abstain Discretion ITEM 2. Remuneration Report 25,289,093 14,583 107,207 0 ITEM 3. Re-election of Director: 108,256,804 0 107,207 0 lan Pratt
Slide 9: Notice and Disclaimer
Notice and Disclaimer Purpose and Date: This presentation contains general background information about the activities of Ashley Services Group Limited ABN 92 094 747 510 ("ASH") as at 4 November 2021(‘Presentation Date”) No financial advice: The information in this presentation does not constitute
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