1. business and industrial
2. company
3. merger and acquisition

MONSTER WORLDWIDE, INC.
Q1 2015 FINANCIAL HIGHLIGHTS
MAY 7, 2015
Safe Harbor Statement
Certain statements in this presentation constitute forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. Such forwardlooking statements involve certain risks and uncertainties and, therefore,
actual results may differ materially from what is expressed herein. No
assurance can be given that the Company will achieve its financial guidance
for Adjusted EBITDA margins, Non-GAAP EPS or Operating Cash Flow in
future periods. Many of the factors that will determine the Company’s future
results are beyond the ability of management to control or predict. Readers
should not place undue reliance on the forward-looking statements in this
presentation as they reflect management’s views only as of the date hereof.
The Company undertakes no obligation to revise or update any of the
forward-looking statements contained in this presentation or to make any
other forward-looking statements, whether as a result of new information,
future events or otherwise. Certain factors, including factors outside of our
control, may cause actual results to differ materially from those contained or
implied in the forward-looking statements, including the risks discussed in
our Form 10-K and our other filings made with the Securities and Exchange
Commission, which discussions are incorporated into this presentation by
reference.
Q1 2015 Pro Forma Income Statement
numbers in USD millions
(except per share figures)
'15 Q1
'14 Q4
'14 Q1
Seq %
YoY %
B/(W)
B/(W)
Constant
Currency
Constant
Currency
Revenue
$
183.7
$
186.2
$
198.1
(1%)
1%
(7%)
(3%)
Op Exp
$
168.5
$
172.4
$
184.1
2%
(0%)
8%
4%
Op Income
$
15.2
$
13.8
$
14.1
10%
12%
8%
12%
Interest and Other, Net
$
(1.8) $
(1.4) $
(1.3)
Equity (Loss)/Income
$
(0.2) $
(0.1) $
(0.1)
Noncontrolling Interest
$
(1.0) $
(1.5) $
(1.2)
Net Income (Cont' Ops)
$
$
6.5
$
7.3
15%
2%
Net Income (Cont' Ops) Per Share $
0.08 $
Guidance
$0.05 to $0.09
0.07
$
0.08
14%
0%
Adj. EBITDA
25.9
$
26.6
4%
2%
Adj. EBITDA Margin
$
7.5
27.0
14.7%
$
13.9%
13.4%
Note: Some figures in this presentation may not foot due to rounding
Slide #1
Q1 2015 GAAP to Non-GAAP Reconciliation
numbers in USD millions
(except per share figures)
Revenue
Non-GAAP
Adjustments
GAAP
$
183.7
$
-
$
183.7
S&R
$
89.3
$
4.5
$
93.7
Mktg
$
33.2
$
-
$
33.2
O&G
$
46.0
$
-
$
46.0
Restructuring Charges
$
-
$
20.2
$
20.2
Op Exp
$
168.5
$
24.7
$
193.2
Op Income/(Loss)
$
15.2
$
Gain on partial sale of equity method inv.
$
-
$
Interest and Other, Net
$
(1.8) $
Tax Expense
$
Equity Loss
$
(0.2) $
-
$
(0.2)
Noncontrolling Interest
$
(1.0) $
-
$
(1.0)
Net Income
$
7.5
$
0.7
$
8.2
Net Income per Share
$
0.08
$
0.01
$
0.09
4.7
$
(24.7) $
8.8
$
(9.5)
8.8
(1.3) $
(3.1)
(17.8) $
(13.1)
Slide #2
Q1 2015 Non-GAAP Expense Trend
numbers in USD millions
(except headcount figures)
'15 Q1
'14 Q4
'14 Q1
Seq %
YoY %
B/(W)
B/(W)
Constant
Currency
S&R
$
89.3
$
90.9
$
Constant
Currency
93.8
2%
(1%)
5%
(0%)
Mktg
33.2
32.5
41.4
(2%)
(5%)
20%
15%
O&G
46.0
48.9
48.9
6%
4%
6%
2%
Op Exp
$ 168.5
$ 172.4
$ 184.1
2%
(0%)
8%
4%
3,885
4,091
4,068
5%
Headcount
4%
Slide #3
Q4 2014 Non-GAAP Segment Performance
numbers in USD millions
'15 Q1
'14 Q4
'14 Q1
Seq %
YoY %
B/(W)
B/(W)
Constant
Currency
Careers North America
Revenue
Adj. EBITDA
Adj. EBITDA Margin
Constant
Currency
$ 122.4 $ 122.5 $ 127.5
$ 33.4 $ 30.8 $ 29.2
27.3%
25.1%
22.9%
(0%)
(4%)
Careers International
Revenue
Adj. EBITDA
Adj. EBITDA Margin
$
$
61.3 $
0.7 $
1.2%
63.7 $
1.7 $
2.7%
70.6
1.9
2.7%
(4%)
3%
(13%)
(1%)
Corporate Cash Expenses
$
(7.1) $
(6.6) $
(4.5)
MWW
Revenue
Adj. EBITDA
Adj. EBITDA Margin
$ 183.7 $ 186.2 $ 198.1
$ 27.0 $ 25.9 $ 26.6
14.7%
13.9%
13.4%
(1%)
1%
(7%)
(3%)
Slide #4
Q1 2015 Key Balance Sheet & Cash Flow Items
numbers in USD millions
'15 Q1
'14 Q4
'14 Q1
Seq %
YoY %
B/(W)
B/(W)
Constant
Currency
Constant
Currency
Cash Flow
Adj. EBITDA
$
27.0
$
25.9
$
26.6
4%
2%
Net cash provided by operating activities $
26.8
$
27.0
$
18.9
(1%)
42%
13%
26%
Capital Expenditures
$
7.9
$
9.1
$
10.7
Repurchase of Common Stock
$
-
$
-
$
39.7
Balance Sheet
Deferred Revenue
$ 303.5
$ 300.7
$ 341.9
Gross Cash (A)
$ 110.2
$
$
Total Debt (B)
$ (210.2) $ (211.4) $ (212.2)
Net Cash (A + B)
$ (99.9) $ (117.1) $ (113.6)
Credit Lines Available (C )
$
Total Liquidity (A+C)
$ 170.2
60.0
$
94.3
1%
3%
(11%)
(6%)
98.6
26.9
$ 100.0
$ 121.2
$ 198.6
40%
(14%)
Slide #5
Financial Guidance
Q2 2015
Adj. EBITDA Margin
Non-GAAP EPS
$0.07 to $0.11
Operating Cashflow
$10M to $20M
Q4 2015
Q2 2016
18% to 22%
30% to 35%
** Q2 2015 Non-GAAP EPS guidance excludes restructuring charge related to Reallocate to Accelerate , approximately $4 to $5 million of
stock-based compensation and approximately $1.2 million of non-cash debt discount amortization related to the convertible debt
Slide #6