LiveHire : Updated 2022 H1 Results Presentation

For personal use only

ASX: LVH MARKET RELEASE

Updated 2022 H1 Results Presentation

28 February 2022 | Melbourne, Victoria

LiveHire Limited (ASX: LVH) ("LiveHire" or the "Company") advises that due to an administrative error, on slide 4 of the 2022 H1 Results Presentation lodged with ASX today, the descriptors in the Financial Performance rows in the table should read Total Cashburn not Operating Cash Burn, and Total Cash Balance not Total Cashburn.

Total Cashburn for the 6 month period for H1 22 was ($3.1m) compared to the 6 month period H1 21 which was ($3.6m).

Total Cash balance for period ending H1 22 was $11.3m compared to $17.4m for period ending H1 21.

Please see updated Presentation attached.

For more information:

Christy Forest - CEO and Executive Director [e-mail]

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www.livehire.com/investor

Ben Brooks, LiveHire's CFO, authorised the release of this announcement to the ASX.

About LiveHire

LiveHire is an award-winning1,market-leading recruitment, talent mobility and direct sourcing platform. It revolutionises the candidate experience and enables businesses and curation partners to thrive with talent on demand. The platform makes managing the flow of talent into and through businesses seamless, delivering value through detailed visibility of talent, shifting both permanent and contingent recruitment from reactive to proactive, improving fit, reducing time and cost to hire, with an unrivalled candidate experience.

Founded in 2011, LiveHire is an Australian company headquartered in Melbourne, with offices also in Sydney, Perth and Miami.

www.livehire.com

1https://drivenxdesign.com/SYD17/winners_list.asp

onlyLiveHire (ASX:LVH)

use2022 H1 Results Presentation:

28 February 2022 ersonalEmpowering the flow of the world's talent

Table of Contents

Agenda Item onlyHigh Level Overview

Direct Sourcing & Growth of the Contingent Workforce useBusiness Overview

Financials

Strategy ersonalAppendices

Slide No.

3

8

11

14

17

19

2

ersonal use only

High Level Overview

3

Strong Performance across all Key Business Drivers

	Key Performance Metrics	H1 21	H1 22	YOY % Var
only	SaaS Business
Opening ARR		$3.496	$4.322	24%
New Business ARR	$0.633	$0.572	(10)%	Strong performance across key SaaS business drivers:
	Net upgrade/(downgrade) ARR	$0.121	$0.153	26%	✔ Closing ARR of $4.9m up 26% on PCP.
						✔ NRR rate % (12 mth rolling) for the period is 99% up from 82% PCP.
	Churn ARR		($0.334)	($0.125)	63%
					✔ Net upsell for the period continues to be strong up $30k+ on PCP.
	Closing ARR ($m)	$3.917	$4.922	26%
								✔ Closing clients of 155 for the period, up 29% from 120 PCP.
	NRR rate % (12mth rolling)	82%	99%	17%
use	Closing clients		120	155	29%
Direct Sourcing Business				Direct Sourcing - performance exceeded expectations :
	Closing Partners	11	20	82%	✔ Closing partners 20, up from 11 on PCP.
								✔ Closing clients 24, up from 8 on PCP.
					✔ Revenue $1.1m, up from $0.3m on PCP, increase of 242%.
	Closing Clients (Logos)	8	24	200%
ersonal	Total Revenue ($m)	$0.314	$1.076	242%
							Talent Community Connections:
	Talent Community Connections (m)				✔ Total TCC's of 5.1m up from 3.2m on PCP, increase of 60%.
						✔ ANZ TCC's of 3.3m up from 2.3m on PCP, increase of 43%.
	Total		3.208	5.130	60%
						✔ North American TCC's of 1.8m (35% of total) up from 0.9m, increase of 106%.
	ANZ		2.337	3.335	43%
	North America		0.871	1.795	106%
								Financial Performance:
	Financial Performance				✔ Cash receipts from customers of $3.5m for the 6mths was up from $2.4m on PCP,
	Total Cashburn ($m)	($3.609)	($3.123)	13%	increase of 46%.
					✔ Investment in North America growth & GDPR compliance offset by increase in
	Total Cash balance ($m)	$17.372	$11.293	35%
								receipts and R&D refund $0.9m.
									4
				Note: None of the information included in this presentation should be considered individually material, unless specifically stated.