Month: August 2021
FY21 Results: A very strong FY21 for Harvey Norman once again showing that ‘old school’ retailing can print some impressive numbers with EBIT of $1.23bn up 71% on FY20 while NPAT was $841m up 75%.
FY21 result: Shares getting hit today down 11% at time of writing after they beat consensus for FY21 and upgraded revenue guidance for FY22 however downgraded margin guidance, now expecting EBITDA margin between 34%-36% (vs prior target 36-39%).
FY21 Result: Slight beat for the online beauty products retailer at their first full year result today. Adore had revenue of $179.3m, coming in just above the top end of guidance, around a 3% beat to market.
1H21 Result: Not much love for the AI business today with the market showing disbelief in managements full year guidance. For the half, APX produced $28m in EBITDA which was ~20% below expectations
FY21 Results: It wasn’t a strong year from WHC both operationally and financially however strength in the coal price has buried those sins plus the outlook for FY22 is substantially better. The main takeaway from todays conference call with management is the company is printing lots of cash
FY21 Result: Obviously a year of losses expected for the flying Kangaroo however it was slightly less than we thought which is a positive, while underlying EBITDA of $410m was inline with company guidance but better than market expectations of $356m.
FY21 Result: A decent year for the payments tech business, managing to post revenue growth of 13% despite the lockdown headwinds. Profit jumped to $119m, up 28% and slightly ahead of market expectations.
FY21 Result: While the result was largely pre-released todays update did re-affirm the strong position the personal lender is in. Revenue jumped 280% to $27m while EBITDA losses tightened to less than $10m, both slightly ahead of expectations in FY21.
FY21 Result: not a lot of ‘earth shattering news’ from the BNPL company today with results in line with expectations. They did report a bigger than expected loss due to heavy investment in marketing and global expansion initiatives however that will (hopefully) pay growth dividends down the track.
FY21 Result: BVS have reported an inline result this morning for FY21, all metrics very close to expectations however guidance for mid-teen growth at the NPAT line in FY22 is an issue, that implies ~$38m profit, the market is at $42m.
