trending Market Intelligence /marketintelligence/en/news-insights/trending/odBQmdpF_04UGwjMn1TSvA2 content esgSubNav
In This List

Ardent Leisure fiscal H2 profit climbs YOY


Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders

Case Study

Central European Broadcaster Monetizes Content with a New Online Streaming Service


Debt Ceiling Debate: IR Teams Should Prepare for Potential Market Downturns

Case Study

Financial Data Provider Quickly Realizes Value of Upgraded Charting Solution

Ardent Leisure fiscal H2 profit climbs YOY

Ardent Leisure Group said its normalized net income for the fiscal second half ended June 30 came to 3 Australian cents per share, a decline of 6.2% from 3 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was A$13.1 million, a gain from A$12.9 million in the prior-year period.

Total revenue rose 23.9% year over year to A$308.7 million from A$249.1 million, and total operating expenses climbed 26.8% year over year to A$282.2 million from A$222.6 million.

Reported net income declined 49.7% on an annual basis to A$13.3 million, or 3 cents per share, from A$26.5 million, or 6 cents per share.

For the year, the company's normalized net income totaled 7 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 13 cents.

EPS declined 8.4% from 7 cents in the prior year.

Normalized net income was A$29.4 million, a fall from A$29.9 million in the prior year.

Full-year total revenue rose 19.0% year over year to A$594.6 million from A$499.7 million, and total operating expenses rose 22.0% year over year to A$536.9 million from A$440.2 million.

The company said reported net income fell 34.4% year over year to A$32.1 million, or 7 cents per share, in the full year, from A$49.0 million, or 12 cents per share.