HireQuest (HQI) Investor presentation summary

Financial performance and growth

• Maintained net income positivity every year since 2002, excluding one-time transaction fees and expenses.

• System-wide sales grew 1.8x, adjusted EBITDA 1.5x, and adjusted EPS 2.6x from 2019 to 2025.

• Total market share increased 85% between 2019 and 2025, with total sales up 56.9%.

• Demonstrated resilience, with staffing sales declining only 6.1% from industry peak in 2022 to 2025, compared to a 27.4% industry decline.

• Pro forma adjusted EBITDA reached $14.7m in 2025, up from $10.0m in 2019.

Strategic initiatives and capital allocation

• Completed over 15 M&A transactions since 2019, spending $77m in cash and generating $29m from resale of acquired locations.

• Paid $18m in dividends and executed $9m in share buybacks since 2019.

• Maintained low leverage, with $0 debt at the end of 2025 and maximum leverage of 0.9x since 2019.

• Fully diluted shares increased only 2.4% from 2019 to 2025, minimizing shareholder dilution.

Franchise model and operational advantages

• Franchise model delivers high-margin, less volatile royalty revenue compared to traditional staffing.

• Streamlined cost structure as franchisees manage branch operations, reducing corporate overhead.

• Franchisees drive local strategy, supported by centralized tools and resources.

• Enables rapid integration of acquisitions and generates incremental cash flow through resale to franchisees.

• Provides consistent profitability and downside protection across economic cycles.