Innovaderma Share Discussion Threads

[larva] 08/12/2016 15:59

this is gonna open sharply up tomorrow

i feel news coming

[csmwssk12hu] 08/12/2016 15:57

Think this could be blue by end of day, if it is that's a good sign after sell off imho dyor

[sigora] 08/12/2016 15:49

buying volumes picking up should finish blue

[ny boy] 08/12/2016 15:49

What is the date this month of the update?

[mustau] 08/12/2016 15:45

MM's have played a blinder here, no doubt same tactics tomorrow.

[sigora] 08/12/2016 15:44

me too wish that bloody chl would come through would have stuck all that here too

[che7win] 08/12/2016 15:44

I think they have transformed the Skinny tan business since taking it over in May (80% owned), they also have organic growth to come from other launches.

[potential] 08/12/2016 15:42

Two days of red now the fun begins.. hope the die hard IDP have managed to top up for the ride to £3.50, I sure have!!

[che7win] 08/12/2016 15:37

As I suggest - the growth is there, but risks come with that, I expect more cash to be raised at some stage.
I've bought a couple of times today, I like the risk/reward.

It could go up 5 times from here or crash and burn, time will tell.

This is not a low margin business - the gross margins are very high, it is also towards the high end of the sun tan products in the market.

Suntan margins are very high generally.

What's not to like:

Financial and Operational Highlights

· Group revenue grew strongly to AUD$8.4m (FY2015: AUD$1.05m) reflecting underlying organic growth and transformation of the Skinny Tan business, which grew more than 10-fold in revenue since its acquisition in May 2015

· Gross profit increased significantly to AUD$4.8m (FY2015: AUD$0.70m)

· Profit before tax of AUD$0.47m (FY2015: AUD$ loss of 0.90m)

· Expansion of international distribution and retail network is key to growth and financial performance. As at 30 June 2016, the Company had 2,500 retail points (FY2015: 250) in seven countries

· Skinny Tan, launched in Superdrug in February 2016, is now stocked in UK stores nationwide and since achieved being the No.1 selling tanning brand by revenue

· Secured a distribution agreement with Olive Young, Korea's largest health and beauty store chain. Skinny Tan is currently sold in Olive Young's 550 stores nationwide and is distributed through PROS Korea, a distributor for InnovaDerma products for North East Asia

· Secured a distribution with Chemist Warehouse for distribution of Skinny Tan across all of its 320 stores in Australia

· Skinny Tan brand has grown from 14 to 25 products with a strong emphasis on product development to increase shelf space and cater for multiple international markets

· Developed and launched Skinny Tan "Professional Range" of products aimed at beauty and tanning salons and skin rejuvenation clinics in Australia, UK and the US

· Direct to consumer marketing through social media channels drove revenue growth and enabled Skinny Tan to grow in popularity



Post Period End and Outlook

· Strong infrastructure, scalable business and resources now in place to support brand development across whole product range to drive future performance as a result of focus on growing Skinny Tan

· As announced today, the Group has successfully entered in the United States and secured retail and e-tailer distribution deals with GNC Holdings, Inc. , Quidsi, Inc., a subsidiary of Amazon.com, Inc. and Jet.com, a subsidiary of Wal-Mart Stores, Inc

· Established US subsidiary and appointed Joseph Panetta as Executive Vice President to accelerate growth in the American market, as announced this morning

· Further Skinny Tan brand extensions expected to be rolled out soon

· Focused on developing new and highly effective products in hair care, hair loss treatment and skin rejuvenation for release in 2017

· Continue to focus on expanding distribution and retail network (both physical stores and e-tailers) in new and existing territories

· Strategic decision to move production to the UK from Australia to improve supply chain and operating margins, as announced on October 24th

· Trading since the period end continues strongly

[qs99] 08/12/2016 15:36

blue by the end?

[ny boy] 08/12/2016 15:36

Which outlets in NY are skinny tan being sold in? Tks

[larva] 08/12/2016 15:13

buys thundering in now

[mick113] 08/12/2016 14:36

Flying out to NY for Xmas late next week so will have sniff around to see how Innovaderma products are shelved,etc.

Catch you all on Monday, me done start the early weekend.

[mick113] 08/12/2016 14:34

Looking much healthier now! All impatient out now for the real rise & valuation atm pls. We should @ around £2.50 right now prior to any news to be released.

Buy limits slashed so premiums to be paid shortly. GLA

[bigfrocks] 08/12/2016 14:24

I know of a cracking toupee shop boffster

[doc robinson] 08/12/2016 14:20

Ready to move again more news next week

[boffster] 08/12/2016 14:18

I'd like to volunteer to be a guinea pig for that.. years of share trading have made my hair fall out

[che7win] 08/12/2016 14:17

The company is currently developing state of the art and cutting edge products in male and female hair loss that it intends to launch globally in 2017.

[doc robinson] 08/12/2016 14:05

Moving up again as people realise the potential across the world.

[ny boy] 08/12/2016 13:33

Tasty, good that there has been a decent pull back too.

[sigora] 08/12/2016 13:32

thanks croasdalelfc hoping that 800% is exceeded for last 6 months then we are really talking

[croasdalelfc] 08/12/2016 13:21

300k profit last year = PE of 40But if the make 1.1 million this year is goes down to 12 at today's share price and is only 20 @ 200p share price

[ny boy] 08/12/2016 13:02

If you ignore the share price fluctuations and buy, pay for the stock and hold long term, you should do well if they deliver going forward. Not for day trading really.

[siddle] 08/12/2016 12:32

Cheers Flash!Bought a little and to be honest, the more you read, the more you feel like tucking a few away for next year...