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Audited condensed consolidated financial results for the year ended 30 April 2021
ELLIES HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2007/007084/06
JSE share code: ELI
ISIN: ZAE000103081
(“Ellies” or “the Company”)
SHORT-FORM ANNOUNCEMENT – AUDITED CONDENSED CONSOLIDATED FINANCIAL
RESULTS for the year ended 30 April 2021
2021 AT A GLANCE
REVENUE increased to R1 206,4 million (2020: R1 192,9 million)*
EBITDA increased to R76,0 million (2020: loss of R2,6 million)*
OPERATING PROFIT increased to R57,1 million (2020: loss of R21,2
million)*
TOTAL COMPREHENSIVE INCOME increased to R30,4 million (2020: loss
of R196,1 million)
EARNINGS PER SHARE increased to 7,25 cents (2020: loss per share
of 28,97 cents)
HEADLINE EARNINGS PER SHARE increased to 9,19 cents (2020:
headline loss per share of 18,66 cents)
NET ASSET VALUE PER SHARE increased to 25,5 cents (2020: 18,2
cents)
NET TANGIBLE ASSET VALUE PER SHARE increased to 25,5 cents (2020:
18,2 cents)
No dividend declared
* Restated as required by IFRS 5
SHORT-FORM ANNOUNCEMENT
This short-form announcement is the responsibility of the
directors. It is only a summary of the information contained in
the full announcement and does not contain full or complete
details.
Any investment decision by investors and/or shareholders should be
based on the full announcement published on SENS on 30 July 2021
on the JSE website and also available on the Company’s website at
https://elliesholdings.com/YERes2021.pdf.
The full announcement is also available at the Company’s
registered office (for inspection, at no charge, during office
hours on any business day) and at the offices of the sponsor, Java
Capital, from 30 July 2021 to 5 August 2021, both days inclusive.
Copies of the full announcement may be requested by email to
info@elliesholdings.com.
The JSE link is as follows:
https://senspdf.jse.co.za/documents/2021/JSE/ISSE/ELI/YE21.pdf.
The annual financial statements including the audit opinion of the
external auditor, BDO South Africa Incorporated, which sets out
the key audit matters and the basis for its unmodified opinion, is
available on the Company’s website on
https://elliesholdings.com/AFS2021.pdf. The audit report on the
annual financial statements in respect of which an unmodified
opinion was expressed, notes as key audit matters the calculation
of expected credit losses (“ECL”) raised against trade
receivables, the valuation of inventories, the recognition of
deferred tax assets and the calculation of the ECL raised against
financial guarantees.
30 July 2021
ELLIES HOLDINGS LIMITED
DIRECTORS:
Messrs Timothy Fearnhead (Chairperson)*, Dr Shaun Prithivirajh
(CEO), Chris Booyens (CFO), Martin Kuscus*, Edick Lehapa*,
Francois Olivier*, Edward Raff*
* Independent non-executive
PREPARER:
Prepared by Mr Jacques Liebenberg BCompt (Hons), AGA(SA), Interim
Finance Executive/Consultant, under the supervision of
Mr Chris Booyens CA(SA), Financial Director and CFO
COMPANY SECRETARY:
Acorim Secretarial & Governance Services
REGISTERED OFFICE:
Brooklyn Place, 3 Centex Close, Kramerville, Sandton, 2090
(PO Box 57076, Springfield, 2137)
SPONSOR:
Java Capital, 6th Floor, 1 Park Lane, Wierda Valley, Sandton, 2196
AUDITORS:
BDO South Africa Inc
TRANSFER SECRETARIES:
Computershare Investor Services (Pty) Ltd
http://www.elliesholdings.com
Date: 30-07-2021 04:48:00
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