Interim report
Page 1
Interim results for the six months ended 30 September 2021 15 November 2021 Kainos Group plc Issue : 1/0 ( " Kainos " or the " Group " ) Interim results for the six months ended 30 September 2021 Kainos Group plc ( KNOS ) , a leading IT provider , operating across two specialist business areas , Digital Services and its Workday Practice , is pleased to announce its results for the six months ended 30 September 2021 ( H1 22 ) . Financial highlights H1 2022 H1 2021 Change Revenue Profit before tax Adjusted pre - tax profit Cash ( 1 ) £ 142.3m £ 107.2m + 33 % £ 24.8m £ 24.0m + 3 % £ 29.2m £ 26.1m + 12 % £ 80.4m £ 62.5m + 29 % Bookings £ 187.4m £ 103.6m + 81 % Software as a Service ( SaaS ) bookings £ 31.0m £ 14.2m + 118 % Backlog £ 250.0m £ 180.9m + 38 % Adjusted diluted earnings per share ( note 8 ) 19.1p 17.0p + 12 % Diluted earnings per share 16.0p 15.7p + 2 % Special dividend 6.7p -100 % Interim dividend 7.1p 6.4p + 11 % Operational highlights We continue to deliver a strong business performance , reflecting robust market demand , the ongoing trust and support of our customers and the commitment of our colleagues . Revenue growth of 33 % ( 32 % organic ) to £ 142.3 million ( H1 21 : £ 107.2 million ) . Adjusted pre - tax profit increased 12 % to £ 29.2 million ( H1 21 : £ 26.1 million ) . Bookings up 81 % to £ 187.4 million ( H1 21 : £ 103.6 million ) . Contracted backlog growth of 38 % to £ 250.0 million ( H1 21 : £ 180.9 million ) . Period - end cash of £ 80.4 million ( H1 21 : £ 62.5 million ) ; with cash conversion at 38 % ( H1 21 : 123 % ) . Alongside our business performance , we are focussed on our ambition to be a responsible organisation . • Strong recruitment has increased our staff numbers by 41 % to 2,438 ( H1 21 : 1,729 ) , with employee retention at 89 % ( H1 21 : 92 % ) ; whilst we have continued to retain our ' Top 100 Best Companies to Work For ' accreditation . Customer approval rating ( 2 ) remains high , reaching 98 % ( H1 21 : 97 % ) . 1 Cash includes treasury deposits of £ 18.0 million . 2 Data from all completed customer surveys in the period . There are five possible designations : Poor ' , ' Satisfactory ' , ' Good ' , ' Very Good ' or Excellent ' ; the rating reflects the percentage of customers that rate our performance ' Good ' or better . Kainos 2021 1/31