Toople Plc reports 62.9% revenue growth in FY2019 and 22.7 pp EBITDA Margin growth from -88.9% to -66.3%
31 Jan 2020 • About Toople Plc (
$TOOP) • By InTwits
Toople Plc reported FY2019 financial results today. Here are the key drivers of the company's long term financial model:
- Toople Plc is a fast growth stock: FY2019 revenue growth was 62.9%, 5 year revenue CAGR was 135% at FY2019 ROIC -137%
- The company operates at negative EBITDA Margin: -66.3%
- Toople Plc spends a lot for Stock Based Compensation (SBC): average SBC/Revenue for FY2015-FY2019 is 0.0%. Average EBITDA Margin for the same period was -96.0%
- The company has unprofitable business model: ROIC is -137.2%
- It operates with medium-size leverage: Net Debt/EBITDA is 2.3x while industry average is
Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
The company's Revenue surged on 62.9%. Revenue growth happened at the same time with EBITDA margin expansion. EBITDA Margin surged on 22.7 pp from -88.9% to -66.3% in FY2019.
Gross Margin increased on 6.0 pp from 13.5% to 19.5% in FY2019. Gross Margin followed a growing trend in FY2015-FY2019. SG&A as a % of Revenue surged on 15.7 pp from 52.0% to 67.7% in FY2019. During FY2015-FY2019 SG&A as a % of Revenue bottomed in FY2017 at 23.4% and was growing since that time.
Net Income margin jumped on 13.2 pp from -81.5% to -68.2% in FY2019. Net Income margin pursued a growing trend in FY2015-FY2019.
Return on investment
The company operates at negative ROIC (-137.2%) and ROE (-200.8%). ROIC dropped on 39.4 pp from -97.8% to -137% in FY2019. ROE dropped on 50.2 pp from -151% to -201% in FY2019.
Leverage (Debt)
The company paid down all the debt in FY2019. Cash dropped on 76.8%.
Financial and operational results
FY ended 30 Sep 2019
Toople Plc ($TOOP) key annual financial indicators| mln. £ | 2015 | 2016 | 2017 | 2018 | 2019 | 2019/2018 |
|---|
P&L
|
|---|
| Revenue | 0.034 | 0.958 | 1.281 | 1.505 | 2.452 | 62.9% |
| Gross Profit | -0.042 | 0.078 | 0.159 | 0.204 | 0.479 | 135.1% |
| SG&A | 0.331 | 0.606 | 0.300 | 0.783 | 1.660 | 112.0% |
| EBITDA | | -1.710 | -1.305 | -1.338 | -1.625 | |
| Net Income | -0.351 | -1.734 | -1.363 | -1.226 | -1.673 | |
Balance Sheet
|
|---|
| Cash | 0.129 | 0.744 | 0.821 | 2.144 | 0.497 | -76.8% |
| Short Term Debt | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Long Term Debt | 0.507 | 0.469 | 0.518 | 0.572 | 0.000 | -100.0% |
Cash flow
|
|---|
| Capex | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
Ratios
|
|---|
| Revenue growth | 0.9% | 2,692.4% | 33.8% | 17.5% | 62.9% | |
| EBITDA growth | | | -23.7% | 2.6% | 21.4% | |
|
|---|
| Gross Margin | -121.8% | 8.1% | 12.4% | 13.5% | 19.5% | 6.0% |
| EBITDA Margin | | -178.5% | -101.9% | -88.9% | -66.3% | 22.7% |
| SG&A, % of revenue | 964.7% | 63.2% | 23.4% | 52.0% | 67.7% | 15.7% |
| Net Income Margin | -1,024.3% | -181.0% | -106.4% | -81.5% | -68.2% | 13.2% |
|
|---|
| ROIC | -201.4% | -404.0% | -190.3% | -97.8% | -137.2% | -39.4% |
| ROE | | | -692.6% | -150.6% | -200.8% | -50.2% |
Peers in #N/A N/A
Below you can find Toople Plc benchmarking vs. other companies in #N/A N/A industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 |
|---|
| Drum Income Plus REIT Plc ($DRIP) | | | 269.3% | 0.3% | -2.9% |
| |
|---|
| Median (1 company) | | | 269.3% | 0.3% | -2.9% |
|---|
| Toople Plc ($TOOP) | | 2,692.4% | 33.8% | 17.5% | 62.9% |
Top companies by EBITDA margin, %
| Top | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 |
|---|
| Drum Income Plus REIT Plc ($DRIP) | | | | | -9.3% |
| |
|---|
| Median (1 company) | | | | | -9.3% |
|---|
| Toople Plc ($TOOP) | | -178.5% | -101.9% | -88.9% | -66.3% |
Top companies by CAPEX/Revenue, %
| Top | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 |
|---|
| Drum Income Plus REIT Plc ($DRIP) | | 3,486.5% | 40.5% | 6.7% | 11.5% |
| |
|---|
| Median (1 company) | | 3,486.5% | 40.5% | 6.7% | 11.5% |
|---|
| Toople Plc ($TOOP) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Top companies by ROIC, %
| Top | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 |
|---|
| Drum Income Plus REIT Plc ($DRIP) | | | | | |
| |
|---|
| Median (1 company) | | | | | |
|---|
| Toople Plc ($TOOP) | -201.4% | -404.0% | -190.3% | -97.8% | -137.2% |
