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    KOV   AU000000KOV9

KORVEST LTD

(KOV)
  Report
Delayed Australian Stock Exchange  -  05/17 01:51:25 am EDT
7.430 AUD   -0.13%
03/10KORVEST : Application for quotation of securities - KOV
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02/17KORVEST LTD : Ex-dividend day for interim dividend
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01/23Corporate Australia burdened by Omicron surge
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Korvest : Investor Presentation - Dec 21 Half Year

01/23/2022 | 05:54pm EDT

onal use only

December 2021

Half Year

Chris Hartwig and

Steven McGregor

Artwork inspired by

Kia Ora Investments

Interim Report dated

December 1970

onal use only

2

Agenda

FY22 Key Points

Financial Results

onlyuseonal

Outlook

Company Overview

3

Introduction to Korvest

only

use

onal

Korvest (ASX:KOV) is headquartered in South Australia and provides cable and pipe supports, access systems for large mobile equipment, hydraulic tools and wrenches, and galvanising services

Listed in September 1970

Korvest has sales offices and warehouses in Adelaide, Melbourne, Sydney, Brisbane and Perth, with distributors in Darwin, Townsville, Hobart and New Zealand

Manufacturing, fabrication and galvanising in Adelaide Overseas supply chain provides make vs buy flexibility Sell to a wide variety of industry sectors

4

Headline Numbers

Dec 21 (1H) June 21 (2H) Dec 20 (1H) Dec 21 vs Dec 20

onal use only

8,000

7,000

6,000

5,000

4,000

3,000

2,000

1,000

0

Sales

EBIT

NPAT

Operating cash flow

EPS

Dividend per share

Profit After Tax

2,835

1,748 2,130 1,897

FY19 2H

FY20 1H

FY20 2H

FY21 1H

$51.6m

$9.74m

$7.04m

($1.38m)

61.5c

25c

7,036

3,219

FY21 2H

FY22 1H

$37.2m $32.6m 58.3%

$4.72m $4.16m 134.1%

$3.22m $2.84m 147.9%

$3.77m $2.74m

28.4c

25.1c

145.0%

20c 15c

  • Exceptional 1H
  • Significant large project work
  • Sale of PSA/TT
  • Operating cash flow impacted by working capital demands
  • JobKeeper 1H FY21 $1.86m before tax

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Korvest Limited published this content on 23 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 January 2022 22:53:08 UTC.


ę Publicnow 2022
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02/17KORVEST LTD : Ex-dividend day for interim dividend
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More news
Financials
Sales 2022 91,7 M 63,5 M 63,5 M
Net income 2022 - - -
Net Debt 2022 - - -
P/E ratio 2022 -
Yield 2022 9,41%
Capitalization 85,3 M 59,0 M 59,0 M
Capi. / Sales 2022 0,93x
Capi. / Sales 2023 1,03x
Nbr of Employees -
Free-Float 72,2%
Chart KORVEST LTD
Duration : Period :
Korvest Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Last Close Price 7,44
Average target price
Spread / Average Target -
Managers and Directors
Chris A. Hartwig Chief Executive Officer, MD & Executive Director
Steven John William McGregor CFO, Secretary & Executive Director
Andrew Stobart Chairman
Gavin Christie General Manager-Operations
Gary Nigel Francis Independent Non-Executive Director
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