FY23 Results Presentation
North America
Highlights
$643.1 million Revenue
FY23 summary
Revenue growth of $426m includes the contribution from
the Equus acquisition together with organic growth
achieved in Canada with the mobilisation of contract
awards
Margin improvement in FY23 is due to greater contribution
from performance contracts such as the Work BC contract
returning to payment by results
Outlook and strategic priorities
•
Employment Services: Platform to drive organic growth in
a US$20bn US Employment Services market and expand in
Canada through the Ontario Employment Services
Transformation Program and Work BC contract extension to
2027
Health and Wellbeing: Full year of RSVP contract which
commenced in January 2023
New Opportunities: Employment Services, Job Corps and
Homelessness Services
Revenue Year on Year ($m)
217.4
FY22
643.1
FY23
NPATA¹ Year on Year ($m)
11.6
FY22
FY23
APM
enabling better lives
FY23 Results Presentation | August 2023
+425.7m/196%
FY22 on FY23
+31.9m/275%
FY22 on FY23
43.5
1. NPATA - Net profit after tax and before contract amortisation before underlying adjustments (refer page 24 for reconciliation)
16View entire presentation