Shaver Shop Group Limited (ASX:SSG) Reports H1 FY25 Results
Financial Performance
Shaver Shop Group Limited reported a 1.0% decrease in total sales for H1 FY25, reaching A$125.8 million. Gross profit margin increased by 1.1 percentage points to 45.5%, while net profit decreased by 3.5% to A$12.1 million. The company’s balance sheet remains strong with net cash of A$24.5 million as of December 31, 2024.
Operational Highlights
In H1 FY25, in-store sales were flat, increasing by 0.3% supported by higher sales conversion and average transaction values. Online sales accounted for 23.4% of total sales, with 15.5% of fulfilments being click & collect. The company maintained a world-class NPS score of approximately 89. The successful launch of the Transform-U™ range contributed over 10% of the Hair Cutting category share.
Dividend & Capital Management
Shaver Shop announced a fully franked interim dividend of 4.8 cents per share for FY25, up by 0.1 cents per share compared to H1 FY24. This represents an increased payout ratio based on the company’s net profit after tax.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Shaver Shop Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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