Business
Full Year Results
Full Year Results.
About this update from Angling Direct Plc
[{"type":"text","content":"\n \n \n \n 17 May 2022\n \n \n \n \n Angling Direct plc\n \n \n \n \n (\"Angling Direct\" the \"Company\" or the \"Group\")\n \n \n \n \n Full Year Results\n \n \n \n \n Record revenues in a year of significant strategic advancement\n \n \n \n Angling Direct plc (AIM: ANG), the leading omni-channel specialist fishing tackle and equipment retailer, is pleased to announce its Full Year results for the 12 months ended 31 January 2022 (\"FY22\").\n \n \n \n Financial Highlights\n \n \n \n Given the fluctuating sales patterns as a result of lockdowns and pandemic-related restrictions in the current and previous comparator periods, our commentary below also presents headline financial metrics on a two-year basis, showing a third column for the year ended 31 January 2020 (\"FY 2020\").\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n FY 2022 Growth\n \n \n \n \n \n \n \n £m\n \n \n \n \n \n FY 2022\n \n \n \n \n \n \n FY 2021\n \n \n \n \n \n \n FY 2020\n \n \n \n \n \n \n on FY 2021\n \n \n \n \n \n \n on FY 2020\n \n \n \n \n \n \n \n \n R\n \n \n evenue\n \n \n \n \n \n 72.5\n \n \n \n \n 67.6\n \n \n \n \n 53.2\n \n \n \n \n \n 7.2%\n \n \n \n \n \n \n 36.3%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Online Sales\n \n \n \n \n \n 33.8\n \n \n \n \n 35.3\n \n \n \n \n 25.2\n \n \n \n \n \n (4.3)%\n \n \n \n \n \n \n 33.9%\n \n \n \n \n \n \n \n \n - of which UK Online Sales\n \n \n \n \n \n 31.1\n \n \n \n \n 30.3\n \n \n \n \n 18.8\n \n \n \n \n \n 2.7%\n \n \n \n \n \n \n 65.8%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Retail store Sales\n \n \n \n \n \n 38.7\n \n \n \n \n 32.3\n \n \n \n \n 27.9\n \n \n \n \n \n 19.9%\n \n \n \n \n \n \n 38.4%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Gross Profit\n \n \n \n \n \n 26.6\n \n \n \n \n 23.1\n \n \n \n \n 16.6\n \n \n \n \n 15.1%\n \n \n \n \n 60.2%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Gross margin %\n \n \n \n \n \n 36.7%\n \n \n \n \n 34.2%\n \n \n \n \n 31.2%\n \n \n \n \n 250bps\n \n \n \n \n 550bps\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n EBITDA (pre IFRS-16)\n \n \n \n \n \n 5.2\n \n \n \n \n 4.0\n \n \n \n \n (0.5)\n \n \n \n \n 30.6%\n \n \n \n \n N/A\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Profit before tax\n \n \n \n \n \n 4.0\n \n \n \n \n 2.7\n \n \n \n \n (1.5)\n \n \n \n \...