Nick Scali Ltd (ASX:NCK)
A$ 13.28 0.05 (0.38%) Market Cap: 1.13 Bil Enterprise Value: 1.36 Bil PE Ratio: 12.88 PB Ratio: 5.60 GF Score: 92/100

Full Year 2021 Nick Scali Ltd Earnings Call Transcript

Aug 05, 2021 / 12:00AM GMT
Release Date Price: A$12.31 (-0.08%)
Operator

Thank you for standing by, and welcome to the Nick Scali Limited FY '21 Results Teleconference. (Operator Instructions)

I would now like to hand the conference over to Mr. Anthony Scali, Managing Director. Please go ahead.

Anthony J. Scali
Nick Scali Limited - MD & Executive Director

Good morning, and welcome to the Nick Scali FY '21 Results Presentation. Running through our FY '21 highlights. Sales revenue was $373 million, 42% up on the prior year. Gross margin, 63.5%, up from 62.7% in FY '20. Underlying NPAT, net profit after tax, is $84.2 million, 100% up in FY '20. Operating cash flow was $137.9 million compared with $76.5 million in FY '20. Total dividends for the year was $0.65. Our store network is currently 61 showrooms, 57 in Australia -- sorry, currently it's incorrect. As at June FY '21 was 61 showrooms; Australia, 57; New Zealand, 4. There's 1 additional showroom that has opened in July in New Zealand.

As mentioned, revenue was up 42% with comparable store sales growth of 34%. We split the growth -- the $110 million growth

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot