Resources Connection (RGP) Investor presentation summary

Business overview and strategy

• Operates as a global professional services firm with a flexible model for consulting, on-demand talent, and outsourced solutions, serving 88% of Fortune 100 and 78% of Fortune 500 companies across North America, Europe, APAC, and Latin America.

• Focuses on transformation, digital innovation, and leveraging AI to help enterprises operate smarter and scale efficiently.

• Recognized for award-winning talent, with 59% of consultants having Big 4 or similar experience and 73% possessing over 16 years of expertise.

• Maintains a diversified client base across industries and regions, with strong client retention and growing lifetime value.

• Strategic capital allocation includes investments in global delivery centers, digital innovation, disciplined M&A, and consistent return of capital to shareholders.

Financial performance

• FY2025 revenue was $551.3M, down from $632.8M in FY2024, with a revenue growth rate of -12.9%.

• Gross margin remained strong at 37.6% in FY2025, while adjusted EBITDA margin declined to 4.3%.

• Free cash flow for FY2025 was $16.2M, with normalized free cash flow conversion at 334.8%.

• Maintains a pristine balance sheet with zero debt and $86.1M in cash at FY2025 year-end.

• Segment performance in Q4 FY2025: Consulting and On-Demand Talent generated the highest revenues and adjusted EBITDA among all segments.

Operational model and cost structure

• Variable cost structure allows expenses to flex with revenue, supporting resilience and margin protection through economic cycles.

• Enhanced tech stack and flexible incentive compensation drive efficiency and scale for profitable growth.

• Ongoing restructuring and technology transformation initiatives aim to improve operating leverage and cost efficiency.

• EBITDA margin upside is expected as business mix evolves and operating efficiencies are realized.