Latest Investor Presentation
Investor
Presentation
A U G U S T 2 0 2 3
Creating Value to Drive Long-term Growth
|
WHO |
HOW WE 
|
||||
|
WE ARE |
CREATE VALUE |
||||
|
Founded in 1975, leading operator of |
Unmatched ability to translate |
||||
|
public policy into operating models |
|||||
|
government health and |
|||||
|
that achieve outcomes for |
|||||
|
human services programs worldwide |
|||||
|
government - at scale |
|||||
|
Key services |
Desirable operating model drives |
||||
|
high cash conversion |
|||||
|
Key government customers |
Capital deployment strategy |
||||
|
focused on long-term organic growth |
WHAT DRIVES
LONG-TERM GROWTH
Long-term demographic,
political, technology, and economic
trends favor our business
Meaningful barriers to entry in many markets
Organic growth through scope increases and amendments supplement new market expansion
2 INVESTOR PRESENTATION
How We Operate at Scale
|
Perform 2 million+ |
Manage 20 million |
Handle 7 million |
|
independent benefit reviews |
citizen services cases |
contact center inquiries per month |
|
Complete 1.8 million+ |
Oversee 60 - 70% |
Answer 43 million |
|
assessments in the |
of the market |
calls annually to support Federal |
|
|
of Medicaid |
health insurance enrollment |
|
managed care |
|
Why |
How We |
|
|
Adapt |
|
Typical Evaluation Criteria |
Strategic IT Investments |
||||
|
Are Weighted 70/30 |
|||||
|
Provide Flexibility |
|||||
|
Technical vs. Cost |
|||||
|
Federal Contracts Are |
Best-in-Class Labor Sourcing |
||||
|
Awarded Generally on a |
|||||
|
Capabilities & Network |
|||||
|
"Best Value" Basis |
|||||
|
Winning in |
Highly Variable Cost Model |
||||
|
Our Markets |
|||||
Built to Adapt and Win
3 INVESTOR PRESENTATION
Proven
Durability with Large Customers
4 INVESTOR PRESENTATION
HIGHLY DESIRABLE
LONG-TERM RELATIONSHIPS
Maximus
Accurate processing of taxes in the
IT Security Implementation
Project and program management for the
EDGAR
Provides free public access to corporate filings which increases the efficiency, transparency, and fairness of the securities markets
Contact Center Operations (CCO)
Serves as the primary support engagement center for Medicare and the federal exchange utilized by 33 states under the Affordable Care Act (ACA)
Financial Characteristics
|
5 |
INVESTOR PRESENTATION |
Revenue
Sustainable Mid-single
digit organic growth
Long-term Customers
7+ year weighted average contract life; our relationships last decades
~90%
Recompete Win Rate
Operating Margin
9 - 12% near term, or
10 - 14% over 3 - 5 yrs,
and before expense for
amortization of intangible assets
Backlog of Contracts
|
of revenue in form of backlog |
|
|
90%+ in annual revenue guidance |
|
|
|
backlog as of |
|
7 YR |
average remaining |
|
life of backlog |
High Cash Conversion
FCF to GAAP net income
~1.3X go forward
Attachments
Disclaimer
MyPlanAdvocate Announces Strategic Acquisition of Eversurance
What do you do if your property is damaged by a neighbor's fallen tree? Who's responsible [The Charlotte Observer]
Advisor News
- Global economy ‘resilient’ in the wake of massive disruption
- Cryptocurrency legislation takes one step forward with bipartisan support
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
- The hidden flaw in insurance AI adoption for advisors and carriers
- Rising healthcare costs impact 401(k) accounts
More Advisor NewsAnnuity News
- MetLife Expands Guaranteed Retirement Income Offering with Innovative Flexible Annuity Option
- How annuities can help protect retirees from financial scams
- MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- AuguStar Retirement launches StarStream Variable Annuity
More Annuity NewsHealth/Employee Benefits News
- PacificSource cuts 97 Oregon jobs amid retreat from health insurance markets
- UPDATED: Hecklers disrupt Hinson rally as Iowa U.S. Senate candidate touts stock trading ban
- Hecklers disrupt Hinson rally ahead of Tuesday primary
- In Case You Missed It: Hecklers disrupt Hinson rally
- National Association for Veterans Rights Raises Questions About Federal Court Ruling Impacting Veteran Claims Assistance
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Halyk-Life, JSC
- AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries
- AM Best Assigns Credit Ratings to Park Avenue Life Insurance Company
- Nationwide reaches reinsurance agreement with MassMutual on UL policy block
- Best’s Market Segment Report: AM Best Maintains Outlook on Philippines’ Non-Life Insurance Segment at Stable
More Life Insurance News