2012 interim results

12
2012 Interim Results 6 months to 30 June 2012 September 2012

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2012 Interim Results. 6 months to 30 June 2012 September 2012. Modern Market Research…. Turning Human Understanding Into Business Advantage John Kearon , Chief Juicer. ENVIRONMENTAL. SOCIAL. See Share Copy. Sense Choose Act. DECISION. Feel Do Think. - PowerPoint PPT Presentation

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Page 1: 2012 Interim Results

2012 Interim Results6 months to 30 June 2012

September 2012

Page 2: 2012 Interim Results

Modern Market Research…

Turning Human UnderstandingInto Business Advantage

John Kearon, Chief Juicer

Page 3: 2012 Interim Results

DECISION

Page 4: 2012 Interim Results

12 years, 12 offices, 12 of the world’s top 20 companies [148 staff; research in 62 countries & 204 clients]

The brands and logos used in this presentation are the trademarks of the respective third parties

Page 5: 2012 Interim Results

I n n o v a t i v e M e t h o d s

I n n o v a t i v e M e t h o d s

Juicy Research, Inspiring Great Marketing

F r o n t - E n d I n n o v a t i o n

Ideas

Insights

Concepts

Comms

Final Mix

Launch

For insightAnd innovation Seek emtion And be creative

Juicy solutions, delivered by Juicy people: inspired by Dan Pink’s book Drive giving our staff more autonomy, supporting their pursuit of mastery & sense of purpose.

Customer Satisfaction

Page 6: 2012 Interim Results

6

July 2012

Who Are We?

INNOVATIVETry new things to discover better solutions.

CREATIVELY INTELLIGENTLearn from everything. Apply knowledge cleverly. Deliver excellent work.

PLAYFULLook for the fun in everything you do.

MAVERICKBe independent, in thought and action.

FRESHApproach old problems in new ways.

DARINGTake risks. Embrace failure.

AGILEBe efficient. Adapt and react quickly.

Page 7: 2012 Interim Results

UP 14%

£10.4m

Revenue

UP 16%

3.7p

UP 13%

0.85p

UP 12%

£8.0m

UP 14%

£0.7m

Financials

Fully diluted

EPS

Interim Dividend

Gross Profit

UP 14%

£0.7m

Operating Profit

Profit before tax

UP 16%

£0.5m

Profit after tax

Page 8: 2012 Interim Results

Revenue growth Operating profit growth

UK £3.9m + 3% £1.84m - 4%

US £3.4m + 16% £1.51m + 7%

Switzerland £1.1m + 76% £0.57m + 134%

Germany £0.6m - 24% £0.20m - 52%

Netherlands £0.2m - 67% £(0.12)m NM

China £0.7m NM £0.43m NM

Brazil £0.4m NM £0.08m NM

Total £10.4m + 14% £4.51m + 15%

Central Overheads £(3.79)m + 16%

Operating profit £0.72m + 14%

Page 9: 2012 Interim Results

H1 2012 H1 2011 Growth

Revenue £10.4m £9.1m 14%

Number of projects 387 376 3%

Revenue per project £27,000 £24,000 11%

Juicy % of revenue 66% 53% NA

Number of clients 204 189 8%

Repeat rate 80% 81% NA

Average headcount 134 111 21%

Revenue per person £77,000 £82,000 -5%

Staff cost per person £36,000 £37,000 -4%

Continued progress in underlying metrics

Page 10: 2012 Interim Results

H1 2012 H1 2011

Operating cash flow £(0.17)m £0.27m

Tax paid £(0.43)m £(0.42)m

Investment in fixed assets £(0.12)m £(0.24)m

Cash flow before financing £(0.71)m £(0.39)m

Share buyback and dividendsless share options exercised £(0.56)m £(0.32)m

Net cash flow £(1.27)m £(0.71)m

Cash balance (no debt) £2.41m £2.06m

Page 11: 2012 Interim Results

£m

Revenue

2007 2008 2009 2010 2011 20120

5

10

15

20

25H1 H2

Continuing to grow organically – although H1 2012 slower than previously

Continuing to build credibility, develop team, expand geographically and innovate– and remain confident in long term potential

Continuing to rely on Q4 to meet 2012 expectations– limited revenue visibility but believe on track

2007 2008 2009 2010 2011 20120.0

0.5

1.0

1.5

2.0

2.5

3.0H1 H2

Operating Profit

£m

Outlook

Page 12: 2012 Interim Results

Turning Human Understanding Into Business

Advantage