By Helgi Analytics - August 27, 2020
Electro World made a net profit of CZK 77.2 mil with revenues of CZK 4,346 mil in 2019, up by 136% and up by 10.8%, ...
By Helgi Analytics - August 27, 2020
Electro World's total assets reached CZK 882 mil at the end of 2019, up 37% compared to the previous year. Current...
By Helgi Analytics - August 27, 2020
Electro World employed 709 employees in 2019, up 3.96% compared to the previous year. Historically, between 2006 and 20...
| Profit Statement | 2017 | 2018 | 2019 | |
| Sales | CZK mil | 3,190 | 3,922 | 4,346 |
| Gross Profit | CZK mil | 271 | 802 | 908 |
| EBITDA | CZK mil | 36.7 | 64.3 | 114 |
| EBIT | CZK mil | 14.2 | 42.6 | 90.8 |
| Financing Cost | CZK mil | ... | 11.9 | 13.9 |
| Pre-Tax Profit | CZK mil | 6.18 | 32.8 | 77.2 |
| Net Profit | CZK mil | 6.18 | 32.8 | 77.2 |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Total Assets | CZK mil | 672 | 644 | 882 |
| Non-Current Assets | CZK mil | 65.5 | 59.9 | 57.9 |
| Current Assets | CZK mil | 595 | 570 | 812 |
| Working Capital | CZK mil | 58.8 | 122 | 114 |
| Shareholders' Equity | CZK mil | 85.1 | 118 | 195 |
| Liabilities | CZK mil | 587 | 526 | 687 |
| Total Debt | CZK mil | 0.018 | 0.018 | 0.018 |
| Net Debt | CZK mil | -44.4 | -43.0 | -215 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | 7.54 | 32.3 | 49.3 |
| ROCE | % | 2.53 | 21.4 | 43.6 |
| Gross Margin | % | 8.50 | 20.5 | 20.9 |
| EBITDA Margin | % | 1.15 | 1.64 | 2.63 |
| EBIT Margin | % | 0.446 | 1.09 | 2.09 |
| Net Margin | % | 0.194 | 0.836 | 1.78 |
| Net Debt/EBITDA | -1.21 | -0.668 | -1.88 | |
| Net Debt/Equity | % | -52.2 | -36.4 | -110 |
| Cash Flow | 2017 | 2018 | 2019 | |
| Total Cash From Operations | CZK mil | 270 | 12.0 | 192 |
| Total Cash From Investing | CZK mil | -18.6 | -15.2 | -20.0 |
| Total Cash From Financing | CZK mil | 99.2 | 0 | 0 |
| Net Change In Cash | CZK mil | 251 | -1.47 | 172 |
| Cash Conversion Cycle | days | 6.40 | 12.1 | 9.70 |
| Cash Earnings | CZK mil | 28.7 | 54.5 | 101 |
| Free Cash Flow | CZK mil | 251 | -3.24 | 172 |
Get all company financials in excel:
| overview | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | |||||||||||||||
| Sales | CZK mil | ... | ... | 3,524 | 3,432 | 2,836 | 3,245 | 3,190 | |||||||
| Gross Profit | CZK mil | ... | ... | 139 | 100 | 84.9 | 199 | 271 | |||||||
| EBIT | CZK mil | ... | ... | -167 | -151 | -165 | -75.8 | 14.2 | |||||||
| Net Profit | CZK mil | ... | ... | -159 | -174 | -188 | -92.3 | 6.18 | |||||||
| ROE | % | ... | ... | ... | -20.7 | -45.9 | 723 | 450 | 7.54 | ||||||
| EBIT Margin | % | ... | ... | -4.73 | -4.39 | -5.81 | -2.33 | 0.446 | |||||||
| Net Margin | % | ... | ... | -4.52 | -5.06 | -6.63 | -2.84 | 0.194 | |||||||
| Employees | 755 | 713 | 674 | 665 | 632 | ||||||||||
| balance sheet | |||||||||||||||
| Total Assets | CZK mil | ... | ... | 1,053 | 805 | 915 | 775 | 672 | |||||||
| Non-Current Assets | CZK mil | ... | ... | 160 | 94.5 | 81.6 | 68.9 | 65.5 | |||||||
| Current Assets | CZK mil | ... | ... | 874 | 690 | 816 | 690 | 595 | |||||||
| Shareholders' Equity | CZK mil | ... | ... | 689 | 68.0 | -120 | 78.9 | 85.1 | |||||||
| Liabilities | CZK mil | ... | ... | 364 | 737 | 1,035 | 696 | 587 | |||||||
| Non-Current Liabilities | CZK mil | ... | ... | 0 | 0.018 | 0.018 | 0.018 | 0.018 | |||||||
| Current Liabilities | CZK mil | ... | ... | 351 | 725 | 1,028 | 680 | 577 | |||||||
| Net Debt/EBITDA | ... | ... | 0.856 | -1.62 | -3.05 | -4.17 | -1.21 | ||||||||
| Net Debt/Equity | % | ... | ... | -14.3 | 272 | -312 | 261 | -52.2 | |||||||
| cash flow | |||||||||||||||
| Total Cash From Operations | CZK mil | ... | ... | -251 | -94.6 | -231 | -103 | 270 | |||||||
| Total Cash From Investing | CZK mil | ... | ... | -13.6 | -15.0 | -15.0 | -20.0 | -18.6 | |||||||
| Total Cash From Financing | CZK mil | ... | ... | 0 | 111 | 72.1 | 35.5 | 99.2 | |||||||
| Net Change In Cash | CZK mil | ... | ... | -264 | 1.35 | -31.8 | -21.8 | 251 |
| income statement | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | |||||||||||||||
| Sales | CZK mil | ... | ... | 3,524 | 3,432 | 2,836 | 3,245 | 3,190 | |||||||
| Cost of Goods & Services | CZK mil | ... | ... | 3,384 | 3,332 | 2,751 | 3,046 | 2,919 | |||||||
| Gross Profit | CZK mil | ... | ... | 139 | 100 | 84.9 | 199 | 271 | |||||||
| Staff Cost | CZK mil | ... | ... | 278 | 249 | 239 | 265 | 269 | |||||||
| EBITDA | CZK mil | ... | ... | -115 | -114 | -122 | -49.4 | 36.7 | |||||||
| Depreciation | CZK mil | ... | ... | 51.6 | 36.6 | 42.2 | 26.4 | 22.5 | |||||||
| EBIT | CZK mil | ... | ... | -167 | -151 | -165 | -75.8 | 14.2 | |||||||
| Net Financing Cost | CZK mil | ... | ... | 1.42 | 23.4 | 18.3 | 13.5 | 8.04 | |||||||
| Financing Cost | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Financing Income | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Extraordinary Cost | CZK mil | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | CZK mil | ... | ... | -168 | -174 | -183 | -89.3 | 6.18 | |||||||
| Tax | CZK mil | ... | ... | -8.80 | -0.238 | 5.00 | 3.00 | 0 | |||||||
| Minorities | CZK mil | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Net Profit | CZK mil | ... | ... | -159 | -174 | -188 | -92.3 | 6.18 | |||||||
| Net Profit Avail. to Common | CZK mil | ... | ... | -159 | -174 | -188 | -92.3 | 6.18 | |||||||
| growth rates | |||||||||||||||
| Total Revenue Growth | % | ... | ... | ... | -5.62 | -2.60 | -17.4 | 14.4 | -1.68 | ||||||
| Staff Cost Growth | % | ... | ... | ... | -5.09 | -10.3 | -4.15 | 11.0 | 1.43 | ||||||
| EBITDA Growth | % | ... | ... | ... | 282 | -0.969 | 7.47 | -59.6 | -174 | ||||||
| EBIT Growth | % | ... | ... | ... | 89.1 | -9.65 | 9.40 | -54.0 | -119 | ||||||
| Pre-Tax Profit Growth | % | ... | ... | ... | 169 | 3.52 | 5.17 | -51.2 | -107 | ||||||
| Net Profit Growth | % | ... | ... | ... | 234 | 9.09 | 8.19 | -50.9 | -107 | ||||||
| ratios | |||||||||||||||
| ROE | % | ... | ... | ... | -20.7 | -45.9 | 723 | 450 | 7.54 | ||||||
| ROA | % | ... | ... | ... | -12.9 | -18.7 | -21.9 | -10.9 | 0.854 | ||||||
| ROCE | % | ... | ... | ... | -61.9 | -63.8 | -68.6 | -26.9 | 2.53 | ||||||
| Gross Margin | % | ... | ... | 3.95 | 2.92 | 2.99 | 6.12 | 8.50 | |||||||
| EBITDA Margin | % | ... | ... | -3.26 | -3.32 | -4.32 | -1.52 | 1.15 | |||||||
| EBIT Margin | % | ... | ... | -4.73 | -4.39 | -5.81 | -2.33 | 0.446 | |||||||
| Net Margin | % | ... | ... | -4.52 | -5.06 | -6.63 | -2.84 | 0.194 | |||||||
| Net Debt/EBITDA | ... | ... | 0.856 | -1.62 | -3.05 | -4.17 | -1.21 |
| balance sheet | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | |||||||||||||||
| Cash & Cash Equivalents | CZK mil | ... | ... | 62.9 | 64.3 | 32.4 | 46.1 | 44.4 | |||||||
| Receivables | CZK mil | ... | ... | 53.7 | 39.0 | 171 | 152 | 89.2 | |||||||
| Inventories | CZK mil | ... | ... | 348 | 495 | 612 | 493 | 462 | |||||||
| Current Assets | CZK mil | ... | ... | 874 | 690 | 816 | 690 | 595 | |||||||
| Property, Plant & Equipment | CZK mil | ... | ... | 122 | 90.4 | 57.0 | 43.4 | 44.0 | |||||||
| LT Investments & Receivables | CZK mil | ... | ... | 36.3 | 0 | 0 | 0 | 0 | |||||||
| Intangible Assets | CZK mil | ... | ... | 2.24 | 4.11 | 24.6 | 25.6 | 21.5 | |||||||
| Goodwill | CZK mil | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Non-Current Assets | CZK mil | ... | ... | 160 | 94.5 | 81.6 | 68.9 | 65.5 | |||||||
| Total Assets | CZK mil | ... | ... | 1,053 | 805 | 915 | 775 | 672 | |||||||
| Trade Payables | CZK mil | ... | ... | 246 | 401 | 545 | 349 | 492 | |||||||
| Short-Term Debt | CZK mil | ... | ... | 0.754 | 249 | 406 | 252 | 0 | |||||||
| Other ST Liabilities | CZK mil | ... | ... | 104 | 75.7 | 76.9 | 79.0 | 84.6 | |||||||
| Current Liabilities | CZK mil | ... | ... | 351 | 725 | 1,028 | 680 | 577 | |||||||
| Long-Term Debt | CZK mil | ... | ... | 0 | 0.018 | 0.018 | 0.018 | 0.018 | |||||||
| Other LT Liabilities | CZK mil | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Non-Current Liabilities | CZK mil | ... | ... | 0 | 0.018 | 0.018 | 0.018 | 0.018 | |||||||
| Liabilities | CZK mil | ... | ... | 364 | 737 | 1,035 | 696 | 587 | |||||||
| Equity Before Minority Interest | CZK mil | ... | ... | 689 | 68.0 | -120 | 78.9 | 85.1 | |||||||
| Minority Interest | CZK mil | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Equity | CZK mil | ... | ... | 689 | 68.0 | -120 | 78.9 | 85.1 | |||||||
| growth rates | |||||||||||||||
| Total Asset Growth | % | ... | ... | ... | -26.0 | -23.6 | 13.7 | -15.3 | -13.3 | ||||||
| Shareholders' Equity Growth | % | ... | ... | ... | -18.8 | -90.1 | -277 | -166 | 7.83 | ||||||
| Net Debt Growth | % | ... | ... | ... | -30.1 | -288 | 102 | -44.9 | -122 | ||||||
| Total Debt Growth | % | ... | ... | ... | 57.7 | 32,933 | 63.2 | -38.0 | -100.0 | ||||||
| ratios | |||||||||||||||
| Total Debt | CZK mil | ... | ... | 0.754 | 249 | 406 | 252 | 0.018 | |||||||
| Net Debt | CZK mil | ... | ... | -98.5 | 185 | 374 | 206 | -44.4 | |||||||
| Working Capital | CZK mil | ... | ... | 156 | 133 | 239 | 296 | 58.8 | |||||||
| Capital Employed | CZK mil | ... | ... | 316 | 228 | 320 | 364 | 124 | |||||||
| Net Debt/Equity | % | ... | ... | -14.3 | 272 | -312 | 261 | -52.2 | |||||||
| Current Ratio | ... | ... | 2.49 | 0.952 | 0.794 | 1.02 | 1.03 | ||||||||
| Quick Ratio | ... | ... | 0.333 | 0.142 | 0.198 | 0.291 | 0.232 |
| cash flow | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| cash flow | |||||||||||||||
| Net Profit | CZK mil | ... | ... | -159 | -174 | -188 | -92.3 | 6.18 | |||||||
| Depreciation | CZK mil | ... | ... | 51.6 | 36.6 | 42.2 | 26.4 | 22.5 | |||||||
| Non-Cash Items | CZK mil | ... | ... | ... | 55.9 | 20.0 | 20.0 | 19.6 | 4.42 | ||||||
| Change in Working Capital | CZK mil | ... | ... | ... | -199 | 22.4 | -105 | -56.9 | 237 | ||||||
| Total Cash From Operations | CZK mil | ... | ... | -251 | -94.6 | -231 | -103 | 270 | |||||||
| Capital Expenditures | CZK mil | ... | ... | -13.6 | -15.0 | -15.0 | -20.3 | -18.6 | |||||||
| Other Investing Activities | CZK mil | ... | ... | 0.003 | 0 | 0 | 0.248 | 0.012 | |||||||
| Total Cash From Investing | CZK mil | ... | ... | -13.6 | -15.0 | -15.0 | -20.0 | -18.6 | |||||||
| Dividends Paid | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0 | 0 | 0 | ||
| Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 101 | 0 | ||
| Issuance Of Debt | CZK mil | ... | ... | ... | 0.276 | -248 | -157 | -154 | -252 | ||||||
| Total Cash From Financing | CZK mil | ... | ... | 0 | 111 | 72.1 | 35.5 | 99.2 | |||||||
| Net Change In Cash | CZK mil | ... | ... | -264 | 1.35 | -31.8 | -21.8 | 251 | |||||||
| ratios | |||||||||||||||
| Days Sales Outstanding | days | ... | ... | 5.56 | 4.15 | 22.0 | 17.1 | 10.2 | |||||||
| Days Sales Of Inventory | days | ... | ... | 37.6 | 54.2 | 81.2 | 59.0 | 57.7 | |||||||
| Days Payable Outstanding | days | ... | ... | 26.6 | 43.9 | 72.3 | 41.8 | 61.5 | |||||||
| Cash Conversion Cycle | days | ... | ... | 16.6 | 14.5 | 31.0 | 34.3 | 6.40 | |||||||
| Cash Earnings | CZK mil | ... | ... | -108 | -137 | -146 | -65.9 | 28.7 | |||||||
| Free Cash Flow | CZK mil | ... | ... | -264 | -110 | -246 | -123 | 251 | |||||||
| Capital Expenditures (As % of Sales) | % | ... | ... | 0.386 | 0.437 | 0.529 | 0.625 | 0.584 |
| other ratios | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Employees | 755 | 713 | 674 | 665 | 632 | ||||||||||
| Cost Per Employee | USD per month | ... | ... | 1,567 | 1,362 | 1,237 | 1,316 | 1,510 | |||||||
| Cost Per Employee (Local Currency) | CZK per month | ... | ... | 30,654 | 29,108 | 29,515 | 33,207 | 35,440 | |||||||
| Staff Cost (As % of Sales) | % | ... | ... | 7.88 | 7.26 | 8.42 | 8.17 | 8.42 | |||||||
| Effective Tax Rate | % | ... | ... | 5.23 | 0.137 | -2.73 | -3.36 | 0 | |||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | ... | ... | -1.22 | 1.29 | -0.800 | -1.35 | -3.09 | ||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Analytics - August 27, 2020
Electro World made a net profit of CZK 77.2 mil in 2019, up 136% compared to the previous year. Historically, between 2008 and 2019, the company's net profit reached a high of CZK 159 mil in 2008 and a low of CZK -188 mil in 2015. The result implies a ret...
By Helgi Analytics - August 27, 2020
Electro World made a net profit of CZK 77.2 mil with revenues of CZK 4,346 mil in 2019, up by 136% and up by 10.8%, respectively, compared to the previous year. This translates into a net margin of 1.78%. Historically, between 2008 and 2019, the fir...
By Helgi Analytics - August 27, 2020
Electro World's operating cash flow stood at CZK 192 mil in 2019, up 1% when compared to the previous year. Historically, between 2008 - 2019, the firm’s operating cash flow reached a high of CZK 270 mil in 2017 and a low of CZK -251 mil in 2013. ...
By Helgi Analytics - September 21, 2020
Electro World's net debt stood at CZK -215 mil and accounted for -110% of equity at the end of 2019. The ratio is down 73.6 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 272% in 2014 and a low of ...
By Helgi Analytics - August 27, 2020
Electro World invested a total of CZK 20.2 mil in 2019, up 32.7% compared to the previous year. Historically, between 2008 - 2019, the company's investments stood at a high of CZK 92.2 mil in 2008 and a low of CZK 11.1 mil in 2009. As...
Electro World s r.o. is a Czech Republic-based retailer with consumer electronics. The Company operates 19 stores in the Czech Republic and 33 in Slovakia. The Company was incorporated in 2001 and is based in Prague, Czech Republic. Electro World s r.o. operates as a subsidiary of Dixons Retail plc.
Electro World has been growing its sales by 4.84% a year on average in the last 5 years. EBITDA has grown by 200% during that time to total of CZK 114 mil in 2019, or 2.63% of sales. That’s compared to -0.083% average margin seen in last five years.
The company netted CZK 77.2 mil in 2019 implying ROE of 49.3% and ROCE of 43.6%. Again, the average figures were 252% and -5.58%, respectively when looking at the previous 5 years.
Electro World’s net debt amounted to CZK -215 mil at the end of 2019, or -110% of equity. When compared to EBITDA, net debt was -1.88x, up when compared to average of -2.20x seen in the last 5 years.
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