View Future GrowthJoyce 과거 순이익 실적과거 기준 점검 6/6Joyce은 연평균 7.3%의 비율로 수입이 증가해 온 반면, Specialty Retail 산업은 수입이 4% 감소했습니다. 매출은 연평균 7.7%의 비율로 증가했습니다. Joyce의 자기자본이익률은 45.7%이고 순이익률은 6%입니다.핵심 정보7.34%순이익 성장률6.39%주당순이익(EPS) 성장률Specialty Retail 산업 성장률19.75%매출 성장률7.70%자기자본이익률45.69%순이익률6.03%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Sep 03Full year 2024 earnings released: EPS: AU$0.31 (vs AU$0.28 in FY 2023)Full year 2024 results: EPS: AU$0.31 (up from AU$0.28 in FY 2023). Revenue: AU$145.5m (flat on FY 2023). Net income: AU$8.86m (up 12% from FY 2023). Profit margin: 6.1% (up from 5.5% in FY 2023).Reported Earnings • Feb 29First half 2024 earnings released: EPS: AU$0.17 (vs AU$0.13 in 1H 2023)First half 2024 results: EPS: AU$0.17 (up from AU$0.13 in 1H 2023). Revenue: AU$73.1m (up 6.0% from 1H 2023). Net income: AU$4.74m (up 34% from 1H 2023). Profit margin: 6.5% (up from 5.1% in 1H 2023). The increase in margin was driven by higher revenue.Reported Earnings • Sep 01Full year 2023 earnings released: EPS: AU$0.28 (vs AU$0.32 in FY 2022)Full year 2023 results: EPS: AU$0.28 (down from AU$0.32 in FY 2022). Revenue: AU$144.7m (up 12% from FY 2022). Net income: AU$7.93m (down 13% from FY 2022). Profit margin: 5.5% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses.모든 업데이트 보기Recent updatesBoard Change • May 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Board Change • May 01No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Feb 27Joyce Corporation Ltd Announces Ordinary Fully Franked Interim Dividend for the Six Months Ended December 31, 2025 , Payable on March 27, 2026Joyce Corporation Ltd. announced ordinary fully franked interim dividend of AUD 0.13000000 per share for the six months ended December 31, 2025. The record date is 13 March 2026 and the payment date is 27 March 2026. Ex date: March 12, 2026.Board Change • Dec 24No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Oct 10Joyce Corporation Ltd, Annual General Meeting, Nov 27, 2025Joyce Corporation Ltd, Annual General Meeting, Nov 27, 2025.Declared Dividend • Aug 31First half dividend of AU$0.17 announcedShareholders will receive a dividend of AU$0.17. Ex-date: 11th September 2025 Payment date: 3rd October 2025 Dividend yield will be 5.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio). However, it is well covered by cash flows (32% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.Board Change • Aug 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Feb 04No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Dec 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 22Joyce Corporation Ltd Announces Executive ChangesJoyce Corporation Ltd. advises that Mr. Dan Madden has resigned as Joint Company Secretary, effective 22 November 2024. Mr. Tim Allison continues in the role of Company Secretary and, for the purposes of ASX Listing Rule 12.6, remains the primary person responsible for communication between the Company and the ASX.공시 • Oct 09Joyce Corporation Ltd, Annual General Meeting, Nov 21, 2024Joyce Corporation Ltd, Annual General Meeting, Nov 21, 2024.Reported Earnings • Sep 03Full year 2024 earnings released: EPS: AU$0.31 (vs AU$0.28 in FY 2023)Full year 2024 results: EPS: AU$0.31 (up from AU$0.28 in FY 2023). Revenue: AU$145.5m (flat on FY 2023). Net income: AU$8.86m (up 12% from FY 2023). Profit margin: 6.1% (up from 5.5% in FY 2023).Declared Dividend • Sep 01First half dividend of AU$0.17 announcedShareholders will receive a dividend of AU$0.17. Ex-date: 12th September 2024 Payment date: 4th October 2024 Dividend yield will be 6.8%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jul 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Market cap is less than US$100m (AU$115.0m market cap, or US$77.5m).Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 23%After last week's 23% share price gain to AU$4.33, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 15x in the Specialty Retail industry in Australia. Total returns to shareholders of 75% over the past year.Upcoming Dividend • Mar 04Upcoming dividend of AU$0.11 per shareEligible shareholders must have bought the stock before 11 March 2024. Payment date: 05 April 2024. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 7.2%. Within top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (4.6%).Declared Dividend • Feb 29First half dividend of AU$0.11 announcedShareholders will receive a dividend of AU$0.11. Ex-date: 11th March 2024 Payment date: 5th April 2024 Dividend yield will be 8.2%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 29First half 2024 earnings released: EPS: AU$0.17 (vs AU$0.13 in 1H 2023)First half 2024 results: EPS: AU$0.17 (up from AU$0.13 in 1H 2023). Revenue: AU$73.1m (up 6.0% from 1H 2023). Net income: AU$4.74m (up 34% from 1H 2023). Profit margin: 6.5% (up from 5.1% in 1H 2023). The increase in margin was driven by higher revenue.Board Change • Nov 22No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Oct 12Joyce Corporation Ltd, Annual General Meeting, Nov 24, 2023Joyce Corporation Ltd, Annual General Meeting, Nov 24, 2023.Upcoming Dividend • Sep 06Upcoming dividend of AU$0.17 per share at 7.6% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 28 September 2023. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 7.6%. Within top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (5.7%).Reported Earnings • Sep 01Full year 2023 earnings released: EPS: AU$0.28 (vs AU$0.32 in FY 2022)Full year 2023 results: EPS: AU$0.28 (down from AU$0.32 in FY 2022). Revenue: AU$144.7m (up 12% from FY 2022). Net income: AU$7.93m (down 13% from FY 2022). Profit margin: 5.5% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses.New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (AU$74.7m market cap, or US$48.4m).Board Change • May 12No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 04No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Mar 07No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jan 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Mike Gurry was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Dec 09Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Mike Gurry was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Joyce가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이CHIA:JYC 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 25156952030 Sep 25152851030 Jun 25148750031 Mar 25147749031 Dec 24146749030 Sep 24146848030 Jun 24146948031 Mar 24147947031 Dec 23149946030 Sep 23147946030 Jun 23145847031 Mar 23141847031 Dec 22136947030 Sep 22133945030 Jun 22129943031 Mar 22124842031 Dec 21120741030 Sep 21116739030 Jun 21111838031 Mar 21102535031 Dec 2093232030 Sep 2089132030 Jun 2086-131031 Dec 1980323030 Sep 1982326030 Jun 1984329031 Dec 1898445030 Sep 1895445030 Jun 1891446031 Dec 1784341030 Sep 1781336030 Jun 1779331031 Mar 1775329031 Dec 1670226030 Sep 1663223030 Jun 1657220031 Mar 1653120031 Dec 1549119030 Sep 1542017030 Jun 1535-1150양질의 수익: JYC는 고품질 수익을 보유하고 있습니다.이익 마진 증가: JYC의 현재 순 이익률 (6%)은 지난해 (4.9%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: JYC의 수익은 지난 5년 동안 연평균 7.3% 증가했습니다.성장 가속화: 지난 1년간 JYC 의 수익 증가율(31.4%)은 연간 평균(7.3%)을 초과합니다.수익 대 산업: JYC의 지난 1년 수익 증가율(31.4%)은 Specialty Retail 업계의 2.8%를 상회했습니다.자기자본이익률높은 ROE: JYC의 자본 수익률(45.7%)은 뛰어남으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YRetail 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/16 00:30종가2026/06/16 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Joyce Corporation Ltd는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Benjamin YunOrd Minnett Limited
Reported Earnings • Sep 03Full year 2024 earnings released: EPS: AU$0.31 (vs AU$0.28 in FY 2023)Full year 2024 results: EPS: AU$0.31 (up from AU$0.28 in FY 2023). Revenue: AU$145.5m (flat on FY 2023). Net income: AU$8.86m (up 12% from FY 2023). Profit margin: 6.1% (up from 5.5% in FY 2023).
Reported Earnings • Feb 29First half 2024 earnings released: EPS: AU$0.17 (vs AU$0.13 in 1H 2023)First half 2024 results: EPS: AU$0.17 (up from AU$0.13 in 1H 2023). Revenue: AU$73.1m (up 6.0% from 1H 2023). Net income: AU$4.74m (up 34% from 1H 2023). Profit margin: 6.5% (up from 5.1% in 1H 2023). The increase in margin was driven by higher revenue.
Reported Earnings • Sep 01Full year 2023 earnings released: EPS: AU$0.28 (vs AU$0.32 in FY 2022)Full year 2023 results: EPS: AU$0.28 (down from AU$0.32 in FY 2022). Revenue: AU$144.7m (up 12% from FY 2022). Net income: AU$7.93m (down 13% from FY 2022). Profit margin: 5.5% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses.
Board Change • May 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Board Change • May 01No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Feb 27Joyce Corporation Ltd Announces Ordinary Fully Franked Interim Dividend for the Six Months Ended December 31, 2025 , Payable on March 27, 2026Joyce Corporation Ltd. announced ordinary fully franked interim dividend of AUD 0.13000000 per share for the six months ended December 31, 2025. The record date is 13 March 2026 and the payment date is 27 March 2026. Ex date: March 12, 2026.
Board Change • Dec 24No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Oct 10Joyce Corporation Ltd, Annual General Meeting, Nov 27, 2025Joyce Corporation Ltd, Annual General Meeting, Nov 27, 2025.
Declared Dividend • Aug 31First half dividend of AU$0.17 announcedShareholders will receive a dividend of AU$0.17. Ex-date: 11th September 2025 Payment date: 3rd October 2025 Dividend yield will be 5.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio). However, it is well covered by cash flows (32% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.
Board Change • Aug 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Feb 04No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Dec 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 22Joyce Corporation Ltd Announces Executive ChangesJoyce Corporation Ltd. advises that Mr. Dan Madden has resigned as Joint Company Secretary, effective 22 November 2024. Mr. Tim Allison continues in the role of Company Secretary and, for the purposes of ASX Listing Rule 12.6, remains the primary person responsible for communication between the Company and the ASX.
공시 • Oct 09Joyce Corporation Ltd, Annual General Meeting, Nov 21, 2024Joyce Corporation Ltd, Annual General Meeting, Nov 21, 2024.
Reported Earnings • Sep 03Full year 2024 earnings released: EPS: AU$0.31 (vs AU$0.28 in FY 2023)Full year 2024 results: EPS: AU$0.31 (up from AU$0.28 in FY 2023). Revenue: AU$145.5m (flat on FY 2023). Net income: AU$8.86m (up 12% from FY 2023). Profit margin: 6.1% (up from 5.5% in FY 2023).
Declared Dividend • Sep 01First half dividend of AU$0.17 announcedShareholders will receive a dividend of AU$0.17. Ex-date: 12th September 2024 Payment date: 4th October 2024 Dividend yield will be 6.8%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jul 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Market cap is less than US$100m (AU$115.0m market cap, or US$77.5m).
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 23%After last week's 23% share price gain to AU$4.33, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 15x in the Specialty Retail industry in Australia. Total returns to shareholders of 75% over the past year.
Upcoming Dividend • Mar 04Upcoming dividend of AU$0.11 per shareEligible shareholders must have bought the stock before 11 March 2024. Payment date: 05 April 2024. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 7.2%. Within top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (4.6%).
Declared Dividend • Feb 29First half dividend of AU$0.11 announcedShareholders will receive a dividend of AU$0.11. Ex-date: 11th March 2024 Payment date: 5th April 2024 Dividend yield will be 8.2%, which is higher than the industry average of 5.4%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 29First half 2024 earnings released: EPS: AU$0.17 (vs AU$0.13 in 1H 2023)First half 2024 results: EPS: AU$0.17 (up from AU$0.13 in 1H 2023). Revenue: AU$73.1m (up 6.0% from 1H 2023). Net income: AU$4.74m (up 34% from 1H 2023). Profit margin: 6.5% (up from 5.1% in 1H 2023). The increase in margin was driven by higher revenue.
Board Change • Nov 22No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Oct 12Joyce Corporation Ltd, Annual General Meeting, Nov 24, 2023Joyce Corporation Ltd, Annual General Meeting, Nov 24, 2023.
Upcoming Dividend • Sep 06Upcoming dividend of AU$0.17 per share at 7.6% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 28 September 2023. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 7.6%. Within top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (5.7%).
Reported Earnings • Sep 01Full year 2023 earnings released: EPS: AU$0.28 (vs AU$0.32 in FY 2022)Full year 2023 results: EPS: AU$0.28 (down from AU$0.32 in FY 2022). Revenue: AU$144.7m (up 12% from FY 2022). Net income: AU$7.93m (down 13% from FY 2022). Profit margin: 5.5% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses.
New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (AU$74.7m market cap, or US$48.4m).
Board Change • May 12No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 04No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Mar 07No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Nick Palmer was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jan 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Mike Gurry was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Dec 09Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Mike Gurry was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.