Investor Presentaiton
Operational highlights
Expanded business driving growth and delivering operational leverage across the platform
HIGHLIGHTS - FY20
Australian
Family
Lawyers
Strong revenue and file opening growth +39% and +34% versus pcp¹ respectively
Strong Underlying EBITDA² and Operating EBITDA³ growth +41% and +52% versus pcp¹ respectively
Doubled national footprint with 3 x lateral hires resulting in new office launches in Canberra (January 2020), Sunshine Coast x
2 (June 2020) and Adelaide (August 2020)
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Additional lateral hires secured (x2) in existing offices in Brisbane (January 2020) and Melbourne (April 2020)
Improved client acquisition engine performance due to AFL 2.0 (+17% reduction in cost per lead in Q4 v Q3)
Signed international partnership with Stowe Family Law (UK's largest family law firm) in June 2020
Prior corresponding period is prepared on the same basis as the 12 month period ending 30 June 2020
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
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
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