ASX report review: Ansell, Kogan, Nanosonics


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Another day of reporting on ASX has come to an end. That means it’s time for us to sum up some of the big name results you might have missed on the ASX today.

We’ll quickly unpack today’s results, then resume for tomorrow:

Those who reported on ASX today

Ansell Limited (ASX: ANN)

Ansell shares fell 9.2% after the personal protective equipment seller reported its full year results for fiscal 21. Despite posting impressive FY21 metrics, the market traded. focused on future directions – medical PPE to decrease.

Points to take away:

  • Sales of approx. US $ 2 billion – up 25.6% from the previous corresponding period (pcp).
  • Earnings before interest and taxes (EBIT) jumped 56% to US $ 338 million.
  • Net profit after tax (NPAT) jumped 57% on pcp to $ 248 million.
  • Basic earnings per share (EPS) of $ 1.922 – up 60% on pcp.
  • Annual dividend of 76.8 US cents per share (43.6 US cents final + 33.2 US cents interim). This is 54% higher than the pcp and represents a dividend yield of 2.63%. Ltd (ASX: KGN)

Kogan’s stock price fell to the edge of an ASX cliff after the release of full year FY21 results. Shares of the online retailer fell 15.8% following a significant drop in profits due to increased costs associated with logistics, procurement and management payments.

Points to take away:

  • Gross sales increased 52.7% to $ 1,179 million
  • Revenue jumped 56.8% to $ 780.7 million
  • Gross margin increased 61% to $ 203.7 million
  • Adjusted net income after tax up 43.2% to $ 42.9 million
  • Reported after-tax net profit down 86.8% to $ 3.5 million
  • active customer base up 46.9% to 3,207,000, Mighty Ape to 764,000
  • $ 12.8 million cash balance and no final dividend
  • Outlook: no indication but a poor start to 2022

Nanosonics Ltd. (ASX: NAN)

To end on a positive note, the Nanosonics share price climbed on the ASX today after the ultrasonic probe disinfector maker reported a rebound in its annual profit performance for fiscal 21. The news was greeted with euphoria, with the share price rising 21.9%.

Points to take away:

  • Revenue up 3% over the previous corresponding period (pcp) to $ 103.1 million.
  • Significant recovery in the second half of FY21, with turnover up 39% compared to the first half.
  • The global installed base increased 13% to 26,750 units.
  • Earnings before interest and taxes decreased 7% to $ 10.8 million.
  • Profit after tax fell 15% to $ 8.6 million.

ASX shares report next week

It was another busy day on the ASX for reporting. However, tomorrow can claim its own set of exciting companies expected to release their annual results.

Some of the big companies set to release their financial statements tomorrow include Afterpay Ltd (ASX: APT), Zip Company Ltd. (ASX: Z1P), Whisspir Ltd (ASX: WSP), Worley Ltd (ASX: WOR), WiseTech Global Ltd (ASX: WTC), and Lovisa Holdings Ltd (ASX: LOV).

To see the full lineup, check out our ASX Reporting Season Schedule.

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