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KP + GH KELLY PARTNERS GROUP HOLDINGS LIMITED ASX ANNOUNCEMENT Friday 12 February 2021 KPG 1H21 Underlying attributed NPATA¹ up 55.0 % to $ 2.8m 1H21 Highlights Consolidated Group • • Group revenue up 5.8 % to $ 24.8m ( 1H20 : $ 23.5m ) driven by annualised revenue contributions from acquisitions completed in FY20 . Underlying EBITDA up 16.8 % to $ 9.6m . Underlying EBITDA margin ( pre - AASB16 ) expanded to 33.3 % ( 1H20 : 29.6 % ) demonstrating the strength of our earnings and the continuous improvements made to the operating efficiencies of our underlying businesses . Cashflow from Operations ( pre - AASB 16 ) up 41.8 % to $ 8.1m² with 92.9 % cashflow conversion³ . Return on Equity remains strong at 44.5 % ( 1H20 : 45.6 % ) Attributed Parent • Underlying NPATA Earnings Per Share ( EPS ) of 6.24 cents per share , up 55.7 % , benefiting from the growth in the Underlying attributed NPATA , as well as the Company's ongoing share buy backs Ordinary Dividends per Share ( DPS ) of 2.66 cents per share growing 10 % on 1H20 . First monthly dividend paid in January 2021 providing consistent , regular and more frequent returns to our valued shareholders . Financial Highlights ( $ m ) KPGH & Controlled Entities 1H20 Revenue $ 23.5 1H21 Change % $ 24.8 KPGH Parent Only 1H20 1H21 Change % 5.8 % Underlying EBITDA $ 8.2 $ 9.6 16.8 % Underlying EBITDA ( pre . AASB16 ) $ 6.9 $ 8.3 19.3 % EBITDA Margin ( % ) 29.6 % 33.3 % 12.7 % Underlying NPATA $ 5.3 $ 6.2 17.8 % $ 1.8 $ 2.8 55.0 % NPATA Margin ( % ) 22.5 % 25.1 % 11.4 % Statutory NPAT $ 4.4 $ 7.1 59.2 % $ 1.4 $ 3.2 127.0 % Earnings per share ( cents ) 4 4.01 6.24 55.7 % Ordinary dividends per share ( cents ) 2.42 2.66 10.0 % Return on Equity 45.6 % 44.5 % -2.5 % Return on Invested Capital 25.8 % 28.1 % 8.9 % Owners ' Earnings $ 6.6 $ 8.1 21.6 % 1 Underlying Attributable NPATA is adjusted for 1 ) amortisation of customer relationship intangible assets acquired ; 2 ) government grants received for COVID - 19 ; 3 ) other non recurring income and expense items ; and represents the profit attributable to the parent after non - controlling interests . 2 Pre - adoption of new accounting standard AASB16 . 3 Cashflow Conversion is calculated as Operating Cashflow ( before finance costs and cash tax paid ) divided by Statu- tory EBITDA . 4 EPS is calculated as Underlying NPATA divided by shares outstanding . 5 Return on Equity is calculated as Underlying NPATA for the trailing twelve months divided by equity . 6 Owners Earnings is calculated as Cash from Operations less leasing expense and maintenance capex . Kelly Partners Group Holdings Limited ABN 25 124 908 363 Level 8/32 Walker Street , North Sydney , NSW , 2060 PO Box 1764 , North Sydney , NSW , 2059 T 02 9923 0800 E info@kellypartners.com.au W kellypartnersgroup.com.au Certified B Corporation