FY23 Results Presentation slide image

FY23 Results Presentation

Priorities and Outlook APM is uniquely positioned to expand its services globally partnering with Stakeholders to deliver programs that create sustainable social and economic impact We strive to deliver medium term underlying earnings growth in the mid-teens with strong cashflow conversion through the execution of our organic and inorganic growth strategy Operational Outlook: • . • • • Expansions of existing programs to support medium term growth FY24 mobilisation of newly awarded contracts will go live and contribute incremental revenue of $125m+ in FY25 Employment Services growth to be subdued in FY24 due to low unemployment rates reducing client flows into employment programs Client flows in Employment Services may change through an increase in unemployment rates and/or policy shifts Health and Wellbeing expected to continue to grow as we continue to invest to attract and retain talent, in systems and the expansion of service reach North American business expected to grow on the back of recent contract awards and the Equus acquisition • Assessment of pipeline of strategic accretive acquisitions Cashflow and balance sheet: • FY24 cash flow conversion is expected to be greater than 85% FY24 Key Priorities Continue investment in Health and Wellbeing Growth sector which has significant unmet demand • Drive efficiency • Integration and optimisation of recent acquisitions Enhance quality outcomes for our clients/customers New business • Convert strong pipeline of new contract opportunities No key contracts are due for renewal in FY24 or FY25 • Functional Assessment Services Mobilisation of contracts Ontario Employment Transformation Job Corps Existing clients Deliver strong outcomes for our clients • • . Engage clients M&A Continue to assess and execute strategic accretive M&A APM 100 enabling better lives • Leverage expected to reduce noting APM may consider debt to fund acquisitions FY23 Results Presentation | August 2023 19
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