Jumbo Announces 4th Record Full Year Profit
Oct 13, 2006
ASX RELEASE – Wednesday 13th September 2006
- Unique web site visitors increased 154%
- New customers to sign up to the site increased 36%
- Total customer signups increased 86% and
- Active customers making repeat purchases increased 118%
|| 3 year CAGR
|Revenue||$16.5 million||$7.2 million||$7.7 million||$2.7 million||
|PROFIT - NPAT||$783,097||$630,371||$289,705||$111,797||
|Year|| FY 06
|| FY 05
|| FY 04
|| FY 03
|| 3 year CAGR
|Cash at Bank||$6.2 million||$6.9 million||$1.9 million||$0.9 million||
|Net Assets||$7.8 million||$3.9 million||$1.2 million||$0.6 million||137%|
|NTA||$4.8 million||$1.1 million||$1.0 million||$0.2 million||175%|
|Year||FY 06||FY 05||FY 04||FY 03||3 year CAGR|
|Shares on Issue||370 million||321 million||223 million||199 million||
|Market Cap||$12.6 million||$18.6 million||$4.0 million||$2.4 million||
Jumbo Corporation Limited is a successful online retailer and e-commerce provider. Since listing on the ASX in 1999, the company has been at the forefront of online retailing with its popular www.jumbomall.com and www.jumbostore.com web sites.
In May 2005, Jumbo acquired TMS Global Services Pty Ltd, a wholesaler and online reseller of Australian lottery products through agreements with Tattersall’s (Victoria) and the NSW Lotteries Corporation. The company resells popular Australian lotteries such as Saturday Lotto, Powerball and OzLotto via its web site at www.ozlotteries.com.
In July 2006, Jumbo signed an exclusive Internet based reseller agreement with the Mater Foundation, a respected charity and lottery operator. The web sites have been redeveloped and rereleased at www.materprizehome.com.au and www.carsforcancer.com.au.
Jumbo has a strong balance sheet for a company its size and growing maintainable earnings. The company has the necessary financial and management resources to continue with its successful growth strategy based on the following 4 key principles:
- New product development.
- Customer acquisition via online marketing techniques.
- Partnerships with select organisations.
- Acquisitions of companies with synergies with Jumbo’s skills and experience.
Jumbo plans to utilise its balance sheet and growing income base to continue with the growth strategy that has proven to be effective over the past 4 years.
For further information, please contact:
Chief Executive Officer
(07) 3831 3705