trending Market Intelligence /marketintelligence/en/news-insights/trending/_zyeL2SpV9pC_MVfuQJMGQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Nick Scali fiscal H2 profit climbs 10.8% YOY

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Nick Scali fiscal H2 profit climbs 10.8% YOY

Nick Scali Ltd. said its normalized net income for the fiscal second half ended June 30 amounted to 8 Australian cents per share, a gain of 10.6% from 7 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was A$6.3 million, a gain of 10.8% from A$5.7 million in the prior-year period.

Total revenue increased 12.0% on an annual basis to A$78.1 million from A$69.8 million, and total operating expenses rose 11.9% year over year to A$68.5 million from A$61.2 million.

Reported net income grew 10.3% on an annual basis to A$7.0 million, or 9 cents per share, from A$6.4 million, or 8 cents per share.

For the year, the company's normalized net income totaled 19 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 20 cents.

EPS rose 20.1% from 16 cents in the prior year.

Normalized net income was A$15.3 million, a rise of 20.1% from A$12.7 million in the prior year.

Full-year total revenue grew 10.1% year over year to A$155.7 million from A$141.4 million, and total operating expenses grew 8.4% year over year to A$132.3 million from A$122.1 million.

The company said reported net income rose 19.9% on an annual basis to A$17.1 million, or 21 cents per share, in the full year, from A$14.3 million, or 18 cents per share.