EPISODE · Dec 15, 2022 · 47 MIN
Sosandar (SOS) 2023 half year results presentation - December 2022
from PIWORLD Investor Podcasts · host piworld
Ali Hall & Julie Lavington, Co-CEOs & Co-Founders, and Steve Dilks, CEO, present Sosandar's interim results & trading update for the six months ending 30th September 2022. Continued revenue growth of +72%, delivering the Company's second six-month period of positive PBT. Momentum has continued into the second half of the financial year with record sales months in October and November, trading in line with market expectations for the full financial year. 00:00 Opening Ali Hall, Co-CEO & Co-Founder 00:17 Introduction Julie Lavington, Co-CEO & Co-Founder 00:45 Highlights of the period Steve Dilks, CEO 01:18 Financial highlights 03:17 Overheads 05:04 KPI's Julie Lavington, Co-CEO & Co-Founder 06:43 Customer acquisitions Steve Dilks, CEO 07:48 Income statement 08:16 Balance sheet Ali Hall, Co-CEO & Co-Founder 10:16 Current trading Julie Lavington, Co-CEO & Co-Founder 11:07 Factors driving growth Ali Hall, Co-CEO & Co-Founder 11:47 Vision & ambition Julie Lavington, Co-CEO & Co-Founder 11:59 UK addressable market Ali Hall, Co-CEO & Co-Founder 12:17 Product range 13:04 All categories in growth Julie Lavington, Co-CEO & Co-Founder 14:18 Marketing plan Ali Hall, Co-CEO & Co-Founder 15:34 Growth through own site & third parties Steve Dilks, CEO 16:15 Operationl bandwidth for growth Julie Lavington, Co-CEO & Co-Founder 18:29 Outlook 19:13 Q&A About Sosandar plc Sosandar is one of the fastest growing women's fashion brands in the UK targeting style conscious women who have graduated from price-led alternatives. The Company offers this underserved audience fashion-forward, affordable, quality clothing to make them feel sexy, feminine, and chic. The business sells predominantly own-label exclusive product designed in-house. Sosandar's product range is diverse, providing its customers with an array of choice for all occasions across all women's fashion categories. The company sells through Sosandar.com and has brand partnerships in place with Next, John Lewis, Marks & Spencer, The Very Group and N Brown. Sosandar's strategy is to continue growing brand awareness and expand its customer database, whilst also further driving its high levels of customer retention. This is achieved through its exceptional products, seamless customer experience and impactful, lifestyle marketing activities, all of which is underpinned by combining innovation with data analysis. Sosandar was founded in 2016 and listed on AIM in 2017. More information is available at www.sosandar-ir.com
What this episode covers
Ali Hall & Julie Lavington, Co-CEOs & Co-Founders, and Steve Dilks, CEO, present Sosandar's interim results & trading update for the six months ending 30th September 2022. Continued revenue growth of +72%, delivering the Company's second six-month period of positive PBT. Momentum has continued into the second half of the financial year with record sales months in October and November, trading in line with market expectations for the full financial year. 00:00 Opening Ali Hall, Co-CEO & Co-Founder00:17 Introduction Julie Lavington, Co-CEO & Co-Founder00:45 Highlights of the period Steve Dilks, CEO01:18 Financial highlights03:17 Overheads05:04 KPI's Julie Lavington, Co-CEO & Co-Founder06:43 Customer acquisitions Steve Dilks, CEO07:48 Income statement08:16 Balance sheet Ali Hall, Co-CEO & Co-Founder10:16 Current trading Julie Lavington, Co-CEO & Co-Founder11:07 Factors driving growth Ali Hall, Co-CEO & Co-Founder11:47 Vision & ambition Julie Lavington, Co-CEO & Co-Founder11:59 UK addressable market Ali Hall, Co-CEO & Co-Founder12:17 Product range13:04 All categories in growth Julie Lavington, Co-CEO & Co-Founder14:18 Marketing plan Ali Hall, Co-CEO & Co-Founder15:34 Growth through own site & third parties Steve Dilks, CEO16:15 Operationl bandwidth for growth Julie Lavington, Co-CEO & Co-Founder18:29 Outlook 19:13 Q&A About Sosandar plc Sosandar is one of the fastest growing women's fashion brands in the UK targeting style conscious women who have graduated from price-led alternatives. The Company offers this underserved audience fashion-forward, affordable, quality clothing to make them feel sexy, feminine, and chic. The business sells predominantly own-label exclusive product designed in-house. Sosandar's product range is diverse, providing its customers with an array of choice for all occasions across all women's fashion categories. The company sells through Sosandar.com and has brand partnerships in place with Next, John Lewis, Marks & Spencer, The Very Group and N Brown. Sosandar's strategy is to continue growing brand awareness and expand its customer database, whilst also further driving its high levels of customer retention. This is achieved through its exceptional products, seamless customer experience and impactful, lifestyle marketing activities, all of which is underpinned by combining innovation with data analysis. Sosandar was founded in 2016 and listed on AIM in 2017. More information is available at www.sosandar-ir.com
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Sosandar (SOS) 2023 half year results presentation - December 2022
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