This report analyses the financial performance of Rohlik.cz for the 2019. You will find all the necessary details regarding company's profitability, volume growth, indebtedness and a comparison with selected peers.
Rohlik.cz announced a net profit of CZK 38.1 mil in 2019, up 35.0% when compared to the last year. Sales increased 68.7% yoy to CZK 4,178 mil, EBITDA rose 144% to CZK 114 mil and net margin amounted to 0.913%. In the last three years, the Company grew its revenues by 80.1% a year, and produced an average return on capital of 437% and return on equity of 124%.
The key highlights are:
Sales increased 68.7% yoy to CZK 4,178 mil in 2019. That’s compared to average growth of 80.1% in the last three years and 160% more when compared to the average annual increase in the last decade.
EBITDA amounted to CZK 114 mil and grew 144% when compared to last year. EBITDA margin reached 2.74%, down 10.3%pp when compared to a 5-year average.
Company’s indebtedness fell when measured by Net Debt/Equity and reached -81.0% at the end of 2019. When compared to EBITDA, net debt fell to -1.88x at the end of 2019.
Rohlik.cz netted CZK 38.1 mil to its shareholders in the last year, down 187% when compared to the average seen in the last five years. The company produced a return on capital of 30.5% and return on equity of 29.9% in the last year. Since 2014, Rohlik.cz’s average ROCE amounted to -289% and ROE -215%.
When compared to selected peers, Rohlik.cz has grown 394 pp faster in sales in the last five years. It was also 1,273 pp more profitable in terms of ROCE, and achieved 8.46 pp lower EBITDA margin based on a last year's results.
In terms of indebtedness, the company operated with 194 pp lower net debt to equity at the end of 2019 when compared to its peers (-81.0% at Rohlik.cz vs. 113% of its peers).