Gee Group Inc. · AMEX:JOB
Gee — Q1 2023 Earnings Presentation
14 slides from Gee's earnings presentation, Feb 15, 2023
Slide 1: Fiscal 2023 first quarter performance: Financial results & company highlights
Fiscal 2023 first quarter performance Financial results & company highlights February 14, 2023
Slide 2: Important Notifications
Important Notifications* 2 * See slides 11 through 14 for additional details regarding Important Notifications. (a- see slide 12 herein for detail build ups of Adjusted EPS, Adjusted EBITDA (“AEBITDA”) and Free Cash Flow (“FCF”). CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: This document contains
Slide 3: Fiscal Q1'23 snapshot
Fiscal Q1'23 snapshot 3 Improving services, growing revenues & generating cash in a challenging, but opportunistic environment Performance Revenue growing in prioritized IT businesses, while managing through opportunities and challenges Q1 '23 revenues of $41.1m, down $1.7m, or 4%, compared w/ $42.8
Slide 4: GEE Group: Taking action today & positioning for tomorrow
GEE Group: Taking action today & positioning for tomorrow 4 Continue to scale lean while taking advantage of opportunities and successfully navigating through challenges … Growth … Core professional services growing … led by IT following re-organization of IT resources and service delivery … “rainma
Slide 5: Free cash flow performance
5 Free cash flow* performance ($ in millions) * Non-GAAP Financial Measure (a – Aggregates the following: non-cash stock compensation, non-cash lease expense, change in deferred income taxes, and amortization of debt discount. (b – Includes the following: gains on forgiveness of PPP loans ($16.8m in
Slide 6: Quarter results by segment
* Non-GAAP Financial Measure (a- see slide 13 for detail build ups of Adjusted EPS, Adjusted EBITDA (“AEBITDA”) and Free Cash Flow (“FCF”). QUARTER RESULTS QUARTER PERFORMANCE Results by segment ($ in Millions) Q1 ’23 Revenues $41.1 $42.8 AEBITDA $2.0 (4.9%) $3.9 (9.1%) All Prof. $37.5 91% Professio
Slide 7: Progress on plan to build industry leading professional staffing business
SNI Cos. Paladin Agile Progress on plan to build industry leading professional staffing and HR solutions business w/ $1B-b) in annual revenue 7 Revenue figures are rounded and approximations (a – Consolidated revenues were $43.3 million for the fiscal year ended September 30, 2015, and $165.1 millio
Slide 8: Creating value today & tomorrow: Recap
CREATING VALUE TODAY & TOMORROW Recap … 8 Power: Collaborating with on decarbonization roadmap to lower emissions at Grain power plant in U.K. Precision health Energy transition BUILDING STAFFING AND HR SOLUTIONS THAT WORK GEE is growing in critical sectors ... w/ significant opportunities ahead in
Slide 9: GEE Group is consistently producing free cash flow following deleveraging
9 GEE Group is consistently producing free cash flow following deleveraging CASH $ in Millions $2.9 Deferred FICA and annual cash bonuses
Slide 10: Supplemental Information
10 Confidential 12. Additional Information to Consider and Use of Non-GAAP Financial Measures 13. GAAP to Non-GAAP reconciliations 14. Forward-looking statements 15. About GEE Group Inc. Supplemental Information
Slide 11: Use of Non-GAAP Financial Measures
11 Use of Non-GAAP Financial Measures The Company discloses certain non-GAAP financial measures in this investor presentation, including Adjusted Net Income, EBITDA, Adjusted EBITDA and Free Cash Flow. Management and the board of directors use and refer to these non-GAAP financial measures internall
Slide 12: GAAP to Non-GAAP reconciliations
12 GAAP to Non-GAAP reconciliations
Slide 13: Forward-Looking Statements
13 Forward-Looking Statements In addition to historical information, this investor presentation contains statements relating to possible future events and/or the Company's future results (including results of business operations, certain projections, future financial condition, pro forma financial i
Slide 14: About GEE Group
14 About GEE Group GEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company operates in two industry segments, providing professional staffing services and solutions in the information technology, engineering, fi