Half Year 2021 Results Announcement Strong Balance Sheet, improving sales trajectory

•  Net Cash of $42.5m with $50m of debt facilities in place
•  Revenue down 9.8% to $146.9m due to continuing global COVID-19 trading disruption
• Comparable store sales positive in Q2, down 4.5% for the half year
•  25 net new stores opened during the half year, 460 at half year end
•  Gross Margin 77.8% on constant currency basis with Gross Profit down 11.7% to $113.4m
•  EBIT1 decreased by 23.6% to $30.9m
•  Cash conversion of 131% with operating cash flow1 of $52m
•  Interim Dividend of 20.0 cents per share, 50% franked

Presentation:-

https://www.asx.com.au/asxpdf/20210219/pdf/44stnmd8tj8djp.pdf