Creating opportunity, ready for the future

2021 Final Results

March 2022

2021 Final Results

Agenda

  • 1. 2021 Summary

  • 2. Financial Review

  • 3. Business Updates

  • 4. Summary and Outlook

5.

Appendices

Presentation team

James Saralis - Group CEO

James is Chief Executive Officer of the Group, which he joined in January 2018. His responsibilities include implementing the strategy agreed by the Board and managing the day-to-day operations of the Group.

Chris Higham- Group CFO

Chris is acting Chief Financial Officer of the Group, having joined in 2006. His responsibilities include management of the finance function and liaising with the

Group's investors and banks.

Building a sustainable business

We built a stronger business in 2021, despite COVID-19 headwinds

1. We advanced our strategy with carefully managed investment

2. We developed our fully integrated law firm

3. We progressed our recovery in

Critical Care

  • ✓ Reduced net debt

  • ✓ Secured debt funding for future investment

  • ✓ Remained profitable

  • ✓ Increased enquiry numbers placed into National Accident Law (NAL)

  • ✓ Reduced enquiry placement into joint-venture partnerships

  • ✓ Increased settlement income in NAL

  • ✓ Grew our revenues

  • ✓ Increased the number of Expert Witness reports and Initial Needs Assessments (INA) reports issued

  • ✓ Launched Bush Care Solutions and Hubs proposition

This should result in greater returns for shareholders in the medium term

Ongoing claims at year-end are expected to convert into £8.4m of future cash receipts

Strong pipeline of work originating from increased Expert Witness and INA report instructions

Financial Review

2021 Final Results

Financial highlights

Revenue

Underlying operating profit1

Profit before tax

£38.9m

£4.2m

£0.2m

2020: £40.9m

2020: £5.7m

2020: loss of £0.2m

Underlying EPS1

Free cash flow1

Net debt1 at 31 Dec

0.3p

£0.8m

£15.5m

2020: 1.9p

2020: £6.1m

31 Dec 2020: £16.3m

1 Alternative performance measures are defined in note 1 to the Final Results. Underlying operating profit is after deducting amortisation of intangible assets, share-based payments and is presented before exceptional costs

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NAHL Group plc published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 10:15:42 UTC.