Step One Clothing Ltd (ASX:STP)
A$ 1.26 0.02 (1.61%) Market Cap: 233.53 Mil Enterprise Value: 194.87 Mil PE Ratio: 18.81 PB Ratio: 4.42 GF Score: 41/100

Full Year 2023 Step One Clothing Ltd Earnings Call Transcript

Aug 23, 2023 / 11:30PM GMT
Release Date Price: A$0.4
Operator

Thank you for standing by, and welcome to the Step One Clothing Limited FY23 financial results call. (Operator Instructions)

I would now like to hand the conference over to Mr. Greg Taylor, CEO and Founder. Please go ahead.

Greg Taylor
Step One Clothing Limited - Founder & CEO

Good morning, everyone, and thank you for joining today's call. I'm Greg Taylor, CEO and Founder of Step One. And with me today is our CFO, Nigel Underwood. We announced our financial results for the 2023 year this morning, and I'm here to go through the highlights of our record year.

I'm pleased to report an EBITDA of $12 million profit, up 33.1% on the prior year. Our record profit was achieved despite a 9.7% decline in sales revenue. We also announced a $0.05 per share fully franked dividend. This dividend demonstrates the Board's confidence in the company's future ability to generate cash in order to fund our operations and future growth aspirations. In this presentation, I will discuss the key drivers behind this strong financial performance.

Turning

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