FY22 Results Presentation
Strong growth in revenue and earnings
A$m
Revenue
FY22
FY22
FY21
Growth Prospectus Vs Prospectus
1,330.7 1,016.4
31% 1,333.2
0%
Pro forma EBITDA¹
308.0
234.7
31%
294.9
4%
Pro forma EBIT2
185.6
131.5
41%
174.0
7%
Pro forma profit before tax (PBT)
146.8
97.7
50%
137.9
6%
Pro forma profit after tax (NPAT)
114.6
77.8
47%
103.2
11%
Pro forma NPAT before
amortisation (NPATA)³
166.3
128.6
29%
155.1
7%
Statutory NPATA
92.4
48.9
89%
68.2
35%
16
|FY22 Results Presentation
(2) EBIT earnings before interest and tax
Revenue up 31% to $1,330.7m
Revenue growth split between 57% organic and 43% M&A
Underpinned by strong performance in Australia, ramp-up in
Restart Scheme in the UK and new acquisitions
Partially offset by COVID-19 impact in APAC business and
Allied Health in Australia and lower pass-through revenue
Pro forma EBITDA up 31% to $308.0m
Maturation of the Restart Scheme drove scale benefits
partially offset by a lower second half in Australia as a result of
COVID-19 absenteeism, transition to Workforce Australia and
investment in integration and corporate services supporting
growth
Pro forma NPATA up 29% to $166.3m
Effective tax rate of 22% marginally lower than prospectus
driven by utilization of tax losses in the UK
Estimated future pre-tax annual interest savings of $15m on
margin driven by lower cost refinance in July 2022
(1) EBITDA earnings before interest, tax, depreciation and amortisation
(3) Refer slide 27 for a reconciliation of pro forma EBITDA to statutory EBITDA and pro forma NPATA to statutory NPATA
APM
enabling better livesView entire presentation