Team Lease Services Ltd - Jan 2025 Earnings Call Transcript Analysis

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Earnings Call Transcript Analysis Report #

Financial Performance #

Key Financial Metrics #

Revenue #

  • Grew 4% quarter-on-quarter (QoQ) and 19% year-on-year (YoY).

EBITDA #

  • Grew 4% QoQ, largely driven by efficiencies in the employment clusters.
    • Staffing EBITDA: Grew 5% QoQ.

Profit Before Tax (PBT) #

  • Showed double-digit sequential growth at the group level.
  • PBT margin marginally improved by 5 basis points QoQ.

Profit After Tax (PAT) #

  • Grew 14% between Q3 and Q2.
  • PAT margin improved by 8 basis points QoQ.

Headcount #

  • Overall: Net addition of 3,000+ associates in Q3 FY25.
  • General Staffing: Net addition of 1,300+ associates in Q3. Year-to-date (9-month) net incremental associate growth of