Half Year 2021 Naked Wines PLC Earnings Call Transcript
Welcome, everyone, to the 2021 interim results presentation for Naked Wines. This is my second time doing this. And again, I'm set in my house, talking to a screen but I'm very excited to share the news and the updates around business for the last 6 months with you all. And it has been a truly transformational period for the company.
I'm going to start with some of the headline numbers, and I think it's worth pausing here because there are some pretty remarkable numbers on the page. Overall, we grew revenue by 80% in the first 6 months of the year. I think repeat contribution growth often is something we highlight as a true read on the underlying strength of the Naked Wines business model, and that was at 89%, which was generating GBP 36 million in the first half. And really, that came through, you can see, from a combination of much higher retention, 95% sales retention for the period; a substantially enlarged customer base with over 0.75 million active Angels. Then if you just want to add all that up, the metric we
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
