공시 • Oct 29
Agra Limited, Annual General Meeting, Nov 29, 2024 Agra Limited, Annual General Meeting, Nov 29, 2024. Location: agra/bank windhoek ring, windhoek showgrounds, bell street, windhoek Namibia Reported Earnings • Oct 26
Full year 2024 earnings released: EPS: N$0.72 (vs N$0.90 in FY 2023) Full year 2024 results: EPS: N$0.72 (down from N$0.90 in FY 2023). Revenue: N$2.66b (up 8.2% from FY 2023). Net income: N$73.7m (down 20% from FY 2023). Profit margin: 2.8% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 25
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended July 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported July 2023 fiscal period end). Shares are highly illiquid. Minor Risk Market cap is less than US$100m (R379.0m market cap, or US$21.5m). 공시 • Oct 19
Agra Limited Provides Earnings Guidance for the Year Ended July 31, 2024 Agra Limited provided earnings guidance for the year ended July 31, 2024. The company's shareholders are advised that Agra's profit after tax, basic earnings per share and headline earnings per share for the year ended 31 July 2024 is expected to decrease by between 17% and 23% compared to the previous financial period. New Risk • May 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended July 2023. 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 July 2023 fiscal period end). Market cap is less than US$100m (R369.8m market cap, or US$20.1m). Upcoming Dividend • Dec 04
Upcoming dividend of N$0.16 per share at 5.1% yield Eligible shareholders must have bought the stock before 11 December 2023. Payment date: 26 January 2024. Payout ratio is a comfortable 18% but the company is paying out more than the cash it is generating. Trailing yield: 5.1%. Lower than top quartile of Namibian dividend payers (12%). In line with average of industry peers (5.0%). Reported Earnings • Oct 27
Full year 2023 earnings released: EPS: N$0.90 (vs N$0.73 in FY 2022) Full year 2023 results: EPS: N$0.90 (up from N$0.73 in FY 2022). Revenue: N$2.46b (up 23% from FY 2022). Net income: N$92.1m (up 23% from FY 2022). Profit margin: 3.7% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 05
Upcoming dividend of N$0.14 per share Eligible shareholders must have bought the stock before 12 December 2022. Payment date: 27 January 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (3.8%). Reported Earnings • Oct 30
Full year 2022 earnings released: EPS: N$0.73 (vs N$0.59 in FY 2021) Full year 2022 results: EPS: N$0.73 (up from N$0.59 in FY 2021). Revenue: N$2.00b (up 10% from FY 2021). Net income: N$75.0m (up 25% from FY 2021). Profit margin: 3.8% (up from 3.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 06
Upcoming dividend of N$0.10 per share Eligible shareholders must have bought the stock before 13 December 2021. Payment date: 28 January 2022. Trailing yield: 5.4%. Lower than top quartile of Namibian dividend payers (9.8%). Higher than average of industry peers (2.7%). Reported Earnings • Oct 31
Full year 2021 earnings released: EPS N$0.59 (vs N$0.26 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: N$1.81b (up 1.5% from FY 2020). Net income: N$60.0m (up 125% from FY 2020). Profit margin: 3.3% (up from 1.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Oct 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non Executive Director C.E. van der Westhuizen was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Is New 90 Day High Low • Feb 12
New 90-day high: R1.75 The company is up 4.0% from its price of R1.69 on 13 November 2020. The Namibian market is down 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 43% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: R1.69 The company is up 2.0% from its price of R1.65 on 13 August 2020. The Namibian market is down 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 1.0% over the same period. Reported Earnings • Oct 29
Full year earnings released - EPS R0.25 Over the last 12 months the company has reported total profits of N$26.7m, up 4.2% from the prior year. Total revenue was N$1.79b over the last 12 months, up 3.1% from the prior year. Profit margins were 1.5%, which is in line with last year.