3. 3
$2.1M
$0.9M
$2.8M
$4.7M
$6.1M
FY10
FY11
FY12
FY13
TTM
Adjusted EBITDA2
Stock Price(8-29-14)
$0.74
52 Week Low/High
$0.27/$0.75
Avg Daily Volume (3 mo.)
115,000
Shares Outstanding
65.2M
Institutional Holdings (est.)
1%
Insider Holdings (est)
30%
Warrants¹
$0.50
Warrants Outstanding
1.37M
Market Cap
$48.3M
Enterprise Value
$48.5M
EV/Revenue (ttm)
0.5x
EV/EBITDA (ttm)
7.9x
P/E (ttm)
10.5x
Total Revenues (ttm)
$90.7M
Adj. EBITDA² (ttm)
$6.1M
Diluted EPS (ttm)
$0.07
Cash & Equivalents
$2.8M
Total Assets
$20.5M
Total Debt
$0.0M
Total Liabilities
$9.3M
Total Equity
$11.2M
Key Stats: CCNI (OTCQB)
Stock Data Source: Capital IQ. Chart Source: Bigcharts.
(1)$1.00 strike, expire April 15, 2015.
(2)See appendix for the reconciliation of non-GAAPfinancial information to GAAP.
4. 4
Who We Are…
Command Center is a nationwide provider of on-demand and temporary staffing solutions
54 branch officesin 22 states
33,000+ employeesworking for 3,600+ clients*
We deliver staffing solutions focused on high- growth market sectors, including:
Retail
Construction
Warehousing
Logistics
Energy Services
Hospitality & Event Services
2799
2913
3325
3610
2010
2011
2012
2013
Command Center Client Growth
*As of December 2013
5. 5
Highly-Experienced Management Team
BUBBA SANDFORD
JEFF WILSON
KEVIN SEMERAD
President& CEO
CFO
Director, Field Services
•30+ years of leadership experience as CEO, President, or General Manager, guiding businesses in various stages, including startups, turnarounds and wind downs
•Led companies in diverse industries, including technology, industrial fabrication, security services, waste management and retail
•Consultant to Silicon Valley VC community
•MBA, Cornell Univ.; BA Psychology, Univ. of Massachusetts at Amherst
•Former U.S. Navy SEAL
•20+ years of senior management experience with international public and private companies
•CFO, Acumatica,aprivately held cloud based ERPprovider
•CFO, Microvison(NASDAQ: MVIS)
•Controller, Siemens Medical Systems, manufacturer of medical imaging equipment
•Manager, PricewaterhouseCoopers
•Seasoned board member of Command Center (since 2010)
•BA Accounting,Oklahoma State Univ.
•Certified Public Accountant
•Extensive history of industry success and experience —25+ years in staffing and labor business
•Previously built his own staffing/labor company from one to 16 offices
•Command Center Franchisee, 2003 to 2006
•Multiple leadership positions at Command Center
•BAs in Marketing & Management from Univ. of North Dakota, Grand Forks
6. 6
New Management Team, New Focus & Positive Results
Bubba Sandfordappointed new president and CEO of Command Center in March 2013, followed by a key board appointment of John Stewart
Management instilled a service oriented culture
Branch autonomy, with value-added coaching & mentoring approach
Eliminated unnecessary cost
Greatly improved profitability & cash flow
$1.6M
$2.9M
$2.8M
$4.7M
FY2012
FY2013
Net Income
Adj. EBITDA
Growth in Net Income & Adj. EBITDA Under New Management Team
7. 7
What We Do Supply Workers to Diversified & Established Industries
Retail
Construction
Warehousing
Transportation &Logistics
Energy Services
Hospitality & Events
General retail staffing across numerous segments, including big-box stores
General and skilled labor for commercial, industrial and residential construction projects
General and cold storage warehousing workers, including loaders, order fillers, pickers, forklift operators and line operators
Primarily supportstaff, including movers and general laborers
Personnelfor the range of businessesthat support operators in the Energy Sector (excluding field workers)
Food service personnel, setup & teardown staff and janitorial services for event planners, as well as workers for hospitality- related businesses, from front desk and food services to housekeeping and maintenance
8. 8
We Address the Fast-Growing $28 Billion Light- Industrial/Blue Collar Segment of the $100B U.S. Staffing Market¹
The Dynamics of the $28 Billion On-Demand Labor Industry
$28B
$36B
2013
2014F
2015F
2016F
2017F
1) Source: Staffing Industry Analysts, Command Center, Inc. estimates
“The job market is back on track, and temporary workers are the first ones getting hired. Consequently, staffing agencies are seeing their businesses skyrocket…”
Light Industrial/ Blue-Collar$28B
Office$17B
IT$17B
Healthcare$10B
Finance$17B
Other$11B
August 2014
On-demand labor offers employers:
Immediateresponse to changing staffing needs
Lower costsassociated with recruitment, interviewing and employment
Eliminatesunemployment and worker’s compensation exposure
Easescompliance burdens imposed by the ACA and other laws impacting employment
Allowsaccess to a larger employment pool of experienced temporary staff members
On-the-job screening for possible permanent workers
9. 9
Our Branch-Centric Approach
We are 100% focused on providing branch offices the support they need to foster high-quality, long-term client and employee relationships
Services delivered through locally-focused teams
Allows “hands-on” interaction with both clients and employees
Fosters customer and employee loyalty
Can better identify local market opportunities and trends
Corporate office and infrastructure focused on 24/7 support for all branch locations
10. 10
Our Branch Offices are Located in
High-Growth Job Markets
• We maintain a strong concentration of
offices in established and emerging
energy sector regions with growing
employment opportunities
• Our branches are concentrated in states
with above-average employment growth
• We are well positioned to grow in current
regional locations
Our Branch Locations High Job-Growth States
11. 11
The Competitive Landscape
We’re not always the lowest cost provider, but distinguished by our…
Unparalleled service
Greater flexibility
Highest quality of employees
Unique, hands-on customer focus
Command Center is perfectly positioned: large enough to deliver the best service, but small enough to care.
The largest companies in the semi-skilled and unskilled on-demand labor industry focus on meeting the needs of large national accounts along with other vertical markets. Driven by high volume and low margins.
The temp and casual employment industry is highly fragmented, with many privately owned, small family run agencies.
These firms provide good service but are not large enough to meet many customer needs.
100s of small “Mom & Pop” Firms
12. 12
Why Customers Choose Command Center
Customized Solutions: Staffing tailored to the specific needs of our clients
Local & Industry Expertise: Local market knowledge combined with extensive experience in multiple industries
Excellence-in-Service: Wedeliver on staffing solutions we promise
Partnered with Clients: We gain insights as we work closely with our clients on their day-to-day staffing needs
Quality, Loyal Worker Pools: Incentives for temporary employees, including health insurance availability, paid vacation and flexible payment options create a strong workforce
Strong Capital Position & Infrastructure (People/IT) in Place: Supports continued service capabilities, growth and expansion
13. 13
Our Growth Strategy – Balance Growth & Profitability
Grow same store sales
Extensive training and support for local branches
Focus on quality customer service
Sell good accounts that recognize our value
Understand customer needs and local conditions to maximize margins
Add new branches
Focus on high growth regions
Build off success in the energy sector
Hire local staff and train in line with our philosophy
Strategic acquisitions to:
Address new vertical markets
Expand into new geographic markets
The Keys to Our Success
1.Sell good accounts
2.Know your customer
3.Price appropriately
4.Provide excellent service
15. 15
Competitive Valuation
Company
Ticker
TTM P/Diluted EPS¹
On Assignment, Inc.
NYSE: ASGN
22.6
Kelly Services, Inc.
NASDAQ:KELYA
15.5
Kforce, Inc.
NASDAQ: KFRC
37.5
Manpower Group, Inc.
NYSE: MAN
16.7
Insperity, Inc.
NYSE: NSP
28.1
TrueBlue, Inc.
NYSE: TBI
21.6
CDI Corp.
NYSE: CDI
22.3
Randstad Holding NV
ENXTAM: RAND
24.3
Average
23.5x
Command Center
OTCQB: CCNI
10.5x
(1)Source: CapitalIQ. Valuation as of August 29, 2014
Most Consistent Measure of Value Amongst Peers is Price-Earnings Ratio
Command has transitioned from a marginally profitable, loosely organized collection of stores to a integrated profitable business
Our valuation has improved but is still far below our competitors
16. 16
Key Drivers of Shareholder Value
New management teamfocused on growth, margin expansion and building a customer focused corporate culture
Solid financial performance (EPS increased 100% Y/Y), with growing cash flow and strong balance sheet
Proven, highly-scalable,branch-office business modelprovides operating leverage
Strong growth outlookin robust and emerging regional markets
$69.4
$81.9
$98.4
$93.7
$2.1
$0.9
$2.8
$4.7
FY10
FY11
FY12
FY13
FY14P*
Revenue
Adj. EBITDA
($ Millions)
* 2014 growth outlook issued and only effective on 8/7/14
17. 17
Contact Us
Command Center, Inc.
Jeff Wilson, CFO
3901 North Schreiber Way
Coeur d’Alene, ID 83815
Tel (208) 773-7450
Liolios Group
Investor Relations
Chris Tyson, Managing Director
20371 Irvine Avenue, Suite A-100
Newport Beach, CA 92660
Tel (949) 574-3860
CCNI@liolios.com