Shaver Shop Group (SSG) investor relations material

Executive summary

• Achieved record sales of AUD 225.1 million in FY26, up 3% year-over-year, with both online and in-store channels contributing to growth and strong omni-channel performance.

• Gross profit margin reached a record 46.3%, with gross profit up AUD 4.7 million to AUD 104.2 million, driven by exclusive brands and private label growth.

• EBIT increased 1.3% to AUD 22.8 million; NPAT was AUD 14.8 million, down 0.8% due to higher operating costs.

• Transform-U/Transform-UTM brand emerged as a key growth driver, now accounting for over 8% of total sales and more than doubling its share from FY25.

• Ended the year with net cash of AUD 4.6 million and no debt, supporting continued dividends and reinvestment.

Financial highlights

• Online sales grew 9.1% to AUD 54.3 million, representing over 24% of total sales, while in-store sales rose 1.2%.

• Operating cash flow increased 38% to AUD 32.4 million, supporting investments in store network and inventory.

• Fully franked dividends of AUD 0.103 per share paid, with a payout ratio around 90% of underlying NPAT.

• Store network expanded to 126 stores by June 2026, with three new openings and one closure.

• Total operating expenses rose 5.2% to AUD 63.3 million, mainly due to wage increases and postage costs.

Outlook and guidance

• FY27 priorities include operational excellence, Transform-U/Transform-UTM expansion, brand engagement, and store optimization, with 2-3 new store openings planned.

• Early FY27 trading softer than expected, with sales down 3.2% year-to-date, attributed to promotional pull-forward and supplier logistics issues.

• Key promotional periods ahead are expected to drive significant profit.

• CapEx for the coming year expected to be similar or slightly less than FY26, with fewer new store openings planned.

• Focus on aligning stock with demand and expanding product range and market reach.