Innovaderma Share Discussion Threads

[goboy1] 16/1/2017 10:45

Revenues for 6 months to 31/12/2016 (Jul - Dec 2016) = £3.0m (Announced 16/1/2016)

Revenues for 12 months to 30/6/2016 (Jul 2015 - Jun 2016) = AU $8.3m = £4.2m (Announced 10/10/2016, incl. conversion rate AU$ to £)

N.B.
For 2017 & 2018 add minimum revenues to IDP from PROS for SE Asia of:

US $10m for 2017 = £8.1m
US $20m for 2018 = £16.2m

(US $1 = £0.81 on 5/1/2017)

And even more for USA, UK, Europe, Australia, New Zeland, South Africa, etc.

[boffster] 16/1/2017 10:44

Andy - These boards are for discussion of the stock. I've provided useful factual information which is more than 90% of folk here have. If someone heeds it then so much the better. Owning the stock is not a prerequisite for posting on the board.

[croasdalelfc] 16/1/2017 10:30

Che7win - I sold too but will get back in if I see value and rapid growth.On the plus side the number of products for sale on the Superdrug website has increased from 11 to 14 including the best selling Tan and Tone Oil.Yes they have stocked an impressive 6 bottles!!

[andyr42] 16/1/2017 10:27

Boffster - you have sold out, you don't have confidence in this company. Can you explain what interest you have here other than to be negative and deliberately mischevious?

[che7win] 16/1/2017 10:26

Cross, UK market will mature, given time.They need more advertising and marketing budget, along with that they could have sold more product this year if they had had the production capacity (now resolved?).However, I have sold out today - just for the record.

[croasdalelfc] 16/1/2017 10:23

Che7win - but the uk is their biggest market

[che7win] 16/1/2017 10:22

Boffster, Quite simple really, the second half includes a mature market - Australia - their summer time.

[arab3] 16/1/2017 10:20

boffster
why did you buy shares here ?
discus lol

[croasdalelfc] 16/1/2017 10:15

Ramrodge is it really growing so fast?Compare the last 2 half years ... The results today include a month of Xmas and Black Friday promotions.Since Superdrug stopped their month long 1/3 off promotion sales on their website have dropped from 150-200 items a day to 15-20 pushing buyers onto their UK website which does have special offers - sales have risen on their UK website admittedly but is that enough?

[boffster] 16/1/2017 10:14

Can anyone explain why revenue fell in the most recent 6 months? See below: -

So we're told revenue is ~80% over the 6m period last year to around £3m.

That means revenue in the 6 months to Dec 2015 was ~£1.67m.

In the YEAR to June 2016 we're told revenue was AUD $8.4m which I make about £5.2m.

THUS revenue in the FIRST HALF of last (calendar) year was about £3.53m (5.2m - 1.67m)

THEREFORE revenue in the second (calendar) half of last year was LOWER than the first half!

Discuss!!

[borg45] 16/1/2017 10:08

£1.67 to £1.91 it's not going up !!! Try specsavers

[falia] 16/1/2017 09:59

AND UP WE GO

[goboy1] 16/1/2017 09:53

You have to add in the contribution from PROS for SE Asia which will be £8.1m in 2017 and £16.2m in 2018, and other new markets like USA from 2017 onwards. Also new product launches.....mainstream cosmetics like W7L sell ?

[ramridge] 16/1/2017 09:50

Guys - I put some numbers together earlier today and bought a decent stake @ 185p.

Here is the logic.
- @185p the market cap is approx £22m
- based on this update it is reasonable to expect total revenues for this FY of £8m and a net profit of £1m. (have a look at YE 2016 accounts)
- that gives a prospective eps of 8.3p (£1m / 12m shares)
- that gives a prospective PE = 185/8.3 = 22

For a company growing at this pace with the US market penetration yet to come, the PE multiple should be north of 40. (have a look at recent growth stocks such as Boo, G4M etc for PE multiples for comparison)

The fundamentals for such as growth stock tell me that today's silly share price drop is an opportunity not to be wasted.

All IMHO and please DYOR

[croasdalelfc] 16/1/2017 09:46

Boffster - look at the graph on company presentation on innovaderma website

[croasdalelfc] 16/1/2017 09:45

Boffster - i make it 0.54m1.67m2.6m3.0 mThat is each of the last 4 half years. Growth stalling and the last 6 months includes a full 6 months in Superdrug.The next 6 month comparatives are relatively easy as Superdrug roll out only started in Feb 16. They are only bringing in about 500k per month which is exactly what they brought in during March to June 2016.

[andyr42] 16/1/2017 09:38

Somebody has soaked up all the sells. I guess a job well done. Now onwards and upwards as I do believe there is a tremendous growth story here. If you believe it then invest and hold otherwise take you profits (like Boffster did) and move on somewhere else. There is no need to be deliberately negative.