With results rolling in everyday, it can be hard to keep on top of all your companies' earnings reports. Here's a brief rundown of four reports you shouldn't miss…
ThinkSmart Limited (ASX: TSM) yesterday reported its results for the six-month period to June 2014. Following the sale of its operations in Australia and New Zealand during 2013, the company reported $1.55 million NPAT from continuing operations, up 14.9% year-on-year, this on $11.461 million of revenue. Impressively, the group had available cash assets of $38.5 million, up 422% from a year earlier and was able to declare a special fully franked dividend of 3.67 cents per share.
Ship building company, Austral Limited (ASX: ASB) capped off a strong year of share price appreciation, rewarding shareholders with $39 million in underlying profit for the year, up from $27.8 million a year earlier. It also exceeded revenue guidance to notch-up a $1.122 billion result. Net debt fell to just $68.5 million but so did earnings per share, falling 3 cents, to 9 cents per share.
Gold, copper, zinc and nickel miner Independence Group NL (ASX: IGO) released one of the more impressive results to the ASX today. It notched up 77% revenue growth for the year – a majority of the gains stem from its new Tropicana Gold mine – and diluted earnings per share were 19.78 cents, up from just 7.79 cents last year. NPAT grew to $46.6 million, up from $18.3 million last year. As expected, it declared a final dividend of 5 cents per share. Keep an eye on this one.
Lastly, property developer Peet Limited (ASX: PPC) also announced a strong set of full-year results with an operating profit of $31.6 million, up 73% year-on-year. Revenue climbed 23% higher to $296.7 million and earnings per share grew to 7 cents (up from just 0.3 cents), and enabled the company to declare a dividend of 3.5 cents per share (unfranked). CEO and MD, Brenden Gore said: "The Group has moved into FY15 well positioned for future growth."
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