Lifestyle Communities Ltd (ASX:LIC)
A$ 11.01 0.14 (1.29%) Market Cap: 1.32 Bil Enterprise Value: 1.82 Bil PE Ratio: 15.12 PB Ratio: 2.16 GF Score: 86/100
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Full Year 2021 Lifestyle Communities Ltd Earnings Call Transcript

Aug 18, 2021 / 05:00AM GMT
Release Date Price: A$18.6 (+0.59%)
James Kelly
Lifestyle Communities Limited - Founder, MD & Director

(technical difficulty)

Firstly, thank you, everyone, for coming on board and listening to the results call. I know everyone has a very busy schedule this time of year. So I appreciate taking the time out to listen to us.

This is probably one of the most challenging years that I can remember in my lifetime of business with Victoria as being kind of nearly 5 months of the full year in lockdown, so certainly challenging times. It has been a tough year with the only consistent attribute really being that once we've been in lockdown, we get out and then we've been in lockdown again and then we get out and we've been in lockdown again. So it's become quite repeatable. The subsequent impact of that really has been mostly on consumer confidence, is I think people will try to become almost institutionalized and de-empowered. And so -- but the good news is every time we come out of lockdown, we see this upsurge in interest and increased sales. So bring on the jab.

But then again, sometimes it takes a year like this

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