Spaceandpeople Plc · LSE:SAL
Spaceandpeople — H1 2022 Earnings Presentation
10 slides from Spaceandpeople's earnings presentation, September 2022
Slide 1: 2022 Interim Results Investor Presentation
Spanish Footwear – Lakeside SC 2 0 2 2 I N T E R I M R E S U LT S INVESTOR PRESENTATION
Slide 2: Financial Highlights
S PAC E AN D P E O P L E Consolidated net revenue up 119% to £2.4m (H1 2021: £1.1m) as almost all venues were open for business compared with the majority being closed for a large part of H1 2021. However, still below pre-pandemic net revenue of £3.8m in H1 2019 Group gross profit up 91% to £1.5m (H
Slide 3: Operational Highlights
S PAC E AN D P E O P L E Recovery in brand experience and strong recovery in retail markets as pandemic lockdowns ended in quarter one in the UK New and unique, full-service, kiosk retailing programme “Rock Up and Pop Up” launched in UK shopping centres to encourage and enable new retailers into ven
Slide 4: Divisional Performance
S PAC E AN D P E O P L E UK promotional revenue increased 59% to £1.2m (H1 2021: £0.8m) driven by strong kiosk retailing although this was partially countered by the slower recovery in brand experience promotions UK RMU and MPK revenue up 161% to £0.6m (H1 2021: £0.2m) as RMUs and MPKs were able to
Slide 5: Outlook
S PAC E AN D P E O P L E Predicted continued recovery in Brand Experience market and beginnings of recovery in local / customer acquisition business Continued recovery and growth in UK retail business through development and roll out of Rock Up and Pop Up kiosks Expansion of German retail business i
Slide 6: Summary
S PAC E AN D P E O P L E Good recovery in revenue due to increased opportunities post lockdowns Continued focus on cost control led to significant reduction in business generated losses Reduction in bank borrowing Confidence in further business growth and return to profitability Mindful Living – Wat
Slide 7: Profit and Loss
S PAC E AN D P E O P L E H1 2022 H1 2022 H1 2021 H1 2021 Adjusted Net revenue Profit/(loss) before tax Net revenue profit/(loss) before tax UK promotions £1.2m £0.24m £0.8m £0.02m UK retail £0.6m £0.02m £0.2m £(0.10m) German retail £0.6m £(0.03m) £0.1m £(0.50m) Other £0.0m £0.0m £0.0m £0.01m Total £
Slide 8: Cashflow
S PAC E AN D P E O P L E H1 - 2022 H1 2021 Operating cashflow £(0.48m) £(0.14m) Taxation £0.01m £0.01m Investment in fixed assets £0.01m £(0.02m) Cashflow before financing £(0.46m) £(0.15m) Movement in borrowings £(0.30m) £0.07m Net cashflow £(0.76m) £(0.08m) Cash balance £0.62m £0.76m CASHFLOW
Slide 9: Disclaimer
S PAC E AN D P E O P L E This presentation should be read in conjunction with the RNS announcement published by SpaceandPeople plc (the “Company”) on 26 September 2022. This document has been sent to you by either Zeus Capital Limited (“Zeus”) who is authorised to carry on regulated activities by th
Slide 10: SpaceandPeople contact details
SPACEANDPEOPLE investor-relations@spaceandpeople.co.uk www.spaceandpeople.co.uk 3rd Floor, Delta House, 50 West Nile Street, Glasgow, G1 2NP