Sosandar (SOS) Half Year results presentation - November 2024

Sosandar Co-CEOs, Julie Lavington and Ali Hall, and CFO, Steve Dilks, present the company's results for the six months ended 30 September 2024, followed by Q&A. Julie Lavington, Co-CEO 00:16 - Introduction 00:56 - H1 highlights Steve Dilks, CFO 02:17 - H2 Outlook Ali Hall & Julie Lavington, Co-CEOs 03:58 - Store rollout 05:33 - Halo effect of stores 07:19 - First 10 weeks since opening Steve Dilks, CFO 08:06 - Increasing margin 10:26 - H1 FY25 Financial highlights 11:27 - Income statement 12:34 - Balance sheet 13:32 - Cashflow Ali Hall & Julie Lavington, Co-CEOs 14:28 - Product sucess 15:19 - New product categories 16:13 - Next homeware licencing partnership 17:17 - Summary & Outlook 18:19 - Q&A Sosandar is a women's fashion brand in the UK targeting style conscious women who have graduated from lower quality, 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 and tested 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 its own stores, and has a number of high value brand partnerships including with NEXT and Marks & Spencer. Sosandar's success has been built on an exceptional product range, seamless customer experience and impactful, lifestyle marketing, all of which is underpinned by combining innovation with data analysis. Our growth strategy is focused on continuing to grow brand awareness and expand our addressable market and routes to market, reaching customers wherever they wish to shop. This is achieved both through direct to consumer channels and through chosen third-party partners. Sosandar was founded in 2016 and listed on AIM in 2017. More information is available at www.sosandar-ir.com