Analyst Estimates and Recommendations
Analyst Recommendations
| House | Recommendation | Analyst |
|---|---|---|
| Investec | BUY | Benedict Hunt |
| Peel Hunt | HOLD | Jonathan Pritchard |
| Liberum | BUY | Wayne Brown |
| Stifel | BUY | Eleonora Dani |
| N+1 Singer | BUY | Sahill Shan |
Analyst Consensus
| FY19 Actuals | FY20 Actuals | FY21 Avg Cons | FY22 Avg Cons |
|
|---|---|---|---|---|
| KPIs | ||||
| Sales retention | 81% | 83% | 92% | |
| Year 1 payback | 78% | 67% | 98% | |
| Financials | ||||
| New customer contribution (i.e. Investment) | (19.1) | (22.9) | (37.2) | |
| Repeat customer contribution | 39.8 | 45.7 | 67.1 | |
| Fixed costs | (23.7) | (24.2) | (35.8) | |
| Adjusted EBIT | (3.0) | (1.4) | (5.9) | |
| Net finance expense | (0.8) | (0.5) | (0.3) | |
| Adjusted PBT | (3.7) | (1.9) | (6.1) | |
| Total sales | 178.4 | 202.9 | 286.1 | |
| Sales growth | 13.7% | 41.0% | ||
The continued uncertainty as to how long current trading conditions will persist means that the Group has not provided full guidance for the financial year, but it will keep the market updated on its trading performance as appropriate. As a result, there is not currently a representative consensus available.