HireRight Results Presentation Deck slide image

HireRight Results Presentation Deck

2nd Quarter Financial Highlights Revenue (millions) (1) ■ $222.3 ■ 2022 13.6% Lower revenue based on reduced hiring demand from customers ▪ Technology and Services verticals primary drivers New Business revenue - $13 million in Q2 2023 High Gross Retention Rate - 97.4% See Reference / Definitions $192.1 @ 2023 HireRight. All Rights Reserved. 2023 Adjusted EBITDA and Margin(¹) (millions) $53.7 24.1% 2022 Margin + 300 bps $52.7 LO 27.4% Significant Adjusted EBITDA margin improvement despite lower revenue 5 2023 Improved operating leverage and margin expansion benefiting from increased automation, offshoring and restructuring initiatives Adjusted Net Income (¹) (millions) $31.8 2022 19.8% $25.5 2023 Primarily driven by lower revenue, higher net interest expense HIRE RIGHT
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