Kip Mcgrath Education Centres Limited · ASX:KME
Kip Mcgrath Education Centres — Shareholder Meeting (November 2022)
14 slides from Kip Mcgrath Education Centres's shareholder meeting presentation, Nov 22, 2022
Slide 1: Kip McGrath Education Centres Ltd AGM Presentation
Kip McGrath Education Centres Ltd For personal use only AGM Presentation Investor Update 22 November 2022
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Kip McGrath Education Centres Limited (Company). Disclaimer Statements in this presentation are made only as at 22 November 2022 and the information in this To the maximum extent permitted by law, the Company disclaims all respo
Slide 3: Chairman's Introductory Comments
Chairman’s Introductory Comments As the Chairman of Kip McGrath Education Centres Limited it’s my pleasure to welcome you to this meeting. In opening the meeting, I would like to acknowledge the Gadigal People, the traditional custodians of this land and pay my respects to the Elders For personal us
Slide 4: Strong financial performance in FY2022 as key markets begin to recover
Strong financial performance in FY2022 as key markets begin to recover from COVID-19 For personal use only Revenue up EBITDA up Profit after 13% Full Year 27.9% to 21.4% to tax up 8.4% increase in Final $24.6m $6.2m to $1.9m scheduled Dividend lessons to of 1.0 cps 1.9m 4
Slide 5: Network Revenues FY2022
Network Revenues Global Network Revenues* of A$98.8m up 16% FY2022 (compared to PCP) Global Online Network Revenues* of A$34.8m up 7% For personal use only United Kingdom / Europe Network Revenues A$51.5m Up 20% Online Lessons A$17.4m Down 19% USA - Tutorfly Network Revenues A$2.1m (Acquired Q1 FY20
Slide 6: FY2022 continued to deliver on key growth drivers
FY2022 continued to deliver on key growth drivers For personal use only Franchises Government contracts A12.5% increase on franchise Won an additional 4 fees supported by government contracts in signs of recovery in most key FY22 markets following COVID-19 Technology Tutorfly acquisition Corporate C
Slide 7: Significant yoy growth across the business in FY2022
Significant yoy growth across the business in FY2022 For personal use only Revenue EBITDA NPAT $24.6m $19.3m $6.2m $5.1m $1.9m $1.7m FY21 FY22 FY21 FY22 FY21 FY22 28% growth supported by a $3.5m in marketing spend to Final Dividend of 1 cent per share recovery in key markets continue to drive
Slide 8: Solid revenue growth in Q1FY23
Solid revenue growth in Q1FY23 For personal use only Q1 FY23 revenue growth performing well compared to same period in prior year. First half trading is seasonally lower historically and expect skew to increase with US growth Student growth continues despite impacts of rate rises globally and the en
Slide 9: Technology rollout
Technology rollout For personal use only 2,700 students in Corporate Centres now using the KipLearn product 160 franchisees have put their names down to convert to the new technology Training and rollout for franchisees will commence globally in January2023 Provides more efficient blended tutoring s
Slide 10: Significant growth potential for Tutorfly
Significant growth potential for Tutorfly For personal use only Revenue Seasonality of Tutorfly revenue in the US will be heavily weighted to the second half of FY23 3.7% of Total FY22 lessons Increase in school districts Tutorfly is now contracted into 3 school districts (up from 1 school district
Slide 11: Continuing to secure Government contracts globally
Continuing to secure Government contracts globally For personal use only Tutoring 4,000 students per week in Middle East - up from 2,500 originally contracted Contract extension update expected in Middle East by calendar year end Achieving positive results in 3 NSW schools in Australian market Large
Slide 12: Corporate Centres
Corporate Centres For personal use only 2700 students per week, up 20% from June 2022 Software rollout has been completed across all Corporate Centres in Australia, New Zealand and the UK Blended learning is a key part of the offer and is being embraced by parents Looking to open or buy additional C
Slide 13: FY23 growth strategy
FY23 growth strategy For personal use only Finalise our latest Continue to progress the software rollouts in order corporate centres to deliver operational A focus on accelerating strategy to increase A focus to transition our efficiencies and drive the US opportunities for revenue and profit. Our f
Slide 14: Contact
Kip McGrath Education Centres Ltd For personal use only Contact Investor Update Melanie Singh Investor Relations +61 4 39 748 819 melanie@nwrcommunications.com.au
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