Appen and Aristocrat have remained strong financial performers over the previous year with their respective growth in revenue and profits; however, Syrah had incurred losses over the period, with increasing total assets from the previous corresponding period of FY17. Let us dig into the financial and stock performance of these companies to have a better understanding of how they are progressing.
Syrah Resources Limited (ASX: SYR)
Syrah Resources Limited (ASX: SYR) has obtained a waiver from ASX Listing Rule 14.7 in relation to the company’s upcoming Annual General Meeting. This waiver allows Syrah not to disregard votes on Resolution 6: Ratification of Prior Issue of Shares, which are cast by Nominee Holders on behalf of the beneficiaries who did not participate in the placement to institutional and sophisticated investors in September 2018.
On the financial performance front, the loss for the consolidated entity after income tax for the financial year ended 31 December 2018 was $29.0 million compared to $12.3 million in 2017. Revenue for the year ended 31 December 2018 comprised of interest income of $1.2 million as compared to $1.3 million in 2017 from cash reserves placed on term deposits during the year.
On the price-performance front, the stock of Syrah Resources Limited was trading at $1.235, with a market capitalisation of $418.32 million (At market close on 18th April 2019). The stock has generated a return of 14.62% over the past month.
Appen Limited (ASX: APX)
Appen Limited (ASX: APX) is a provider of data solutions and services for improving internalisation of products, data management, and project management for several companies across the globe.
On the financial performance front, the company’s revenues stood at $364.3 million in FY18, which reflects an increase of 119% on a Y-o-Y basis, and the growth was primarily driven by current and new projects with existing customers and the addition of Leapforce. The underlying net profit grew by 148% to $49.0 million in FY18 as compared to $19.7 million in FY17. The EBITDA margin improved from 16.9% to 19.6% due to Leapforce and economies of scale.
On the price-performance front, the stock of Appen Limited was trading at $23.740, with a market capitalisation of $2.94 billion (At market close on 18 April 2019). The stock has generated a significant YTD return of 90.23% with returns of 106.36%, 63.97% and 2.44% over the past six months, three months and one-month period, respectively.
Aristocrat Leisure Limited (ASX: ALL)
Aristocrat Leisure Limited (ASX: ALL) is predominantly engaged in the development, design and distribution of gaming platform, content and systems.
On the financial performance front, the company maintained a strong EBITDA margin at 37%, with expansion in land-based margins absorbing some of the impact from expected lower margin digital acquisitions. The revenue increased by more than 47% in FY18, driven by growth in the Americas, ANZ and Digital, with organic growth in Product Madness along with two other significant digital acquisitions. There was a 34.0% increase in NPATA in FY18 as compared to the FY17.
On the price-performance front, the stock of Aristocrat Leisure Limited was trading at $25.410, with a market capitalisation of $16.48 billion (At market close on 18th April 2019). The stock has generated a YTD return of 22.89%, with returns of 8.28% and 9.57% over the past three months and one-month period, respectively.
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