Investor Presentaiton
1.
2.
We have delivered strong growth since IPO in June 2019
Strong growth has been delivered on FY19 performance across all key operational metrics
Revenue
$6.9m
+39%
Growth on FY19
Gross Profit
$3.6m
+58%
Growth on FY19
Operating EBITDA¹
$2.6m
+52%
Growth on FY19
Underlying EBITDA²
$1.7m
+41%
Growth on FY19
H2 FY20 recorded +48%
growth on FY19
Record revenue and file
openings in May 2020
and June 2020
respectively
✓ +6% margin expansion
on FY19
Improved utilization of
workforce was realized
despite upfront cost
impact of 4 new offices in
FY20
Strong revenue growth is
now building scale and
delivering operating
leverage on largely fixed
overhead base
✓ Upside from new offices
launched in H2 and roll
out of AFL 2.0 is yet to be
realized
✓ No material impact from
COVID at this stage
+34% growth in file
openings versus FY19
reflects robust pipeline
for FY21
Operating EBITDA adjusts the Appendix 4E statutory EBITDA for the 12 month period ending 30 June 2020 to include the removal of non recurring or unusual costs, removal of head office costs and costs associated with being listed on the ASX
Underlying EBITDA adjusts the Appendix 4E statutory EBITDA for the 12 month period ending 30 June 2020 to include the removal of non recurring or unusual costs
Australian
Family
Lawyers
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