With ASX reporting season coming to a close, investors can now take a breather and digest all the results.
In no particular order, here are my top ten performers from the last month of reporting.
1. Domino’s Pizza Enterprises Ltd (ASX: DMP)
Domino’s share price is up 30% in the past month on the back of a stellar FY21 result.
Sales grew 14.6%. Meanwhile, profits jumped 27.2%. Dividends up 45.4%.
However, it was management guidance that it would be ramping its store rollout expansion causing shares to rocket.
“We expect Domino’s Pizza Enterprises Ltd to deliver significant profit increases over the medium term, driven by new store openings and network sales growth”. – CEO Don Meij
2. WiseTech Global Ltd (ASX: WTC)
Speeding tickets are pretty rare for large-caps these days. However, Wisetech received one after its share price soared more than 50% on the back of its results.
Revenue up 18%, gross margins of 85%, free cash flow up 149%. Next year, it’s guiding for earnings growth of 26-38%.
This is a $15 billion company executing on a global scale with a long growth runway ahead. A lot to like here!
3. Pinnacle Investment Management Group Ltd (ASX: PNI)
You may not have heard of Pinnacle, but you’ve likely heard of one of their 16 affiliates fund managers such as Hyperion, Plato or Firetrail.
Earnings per share increased 103% off the back of bumper performance fees from seven of its affiliates.
On the conference call, management was bullish on the outlook for the business with plenty of growth ahead.
4. Nanosonics Ltd (ASX: NAN)
The Nanosonics share price jumped over 20% on its FY21 result. The headline numbers weren’t that special with revenue up 3% and profits down 15%.
However, it was the announcement of the much-hyped second product, Nanosonics Coris, that sent shares flying.
The business also guided for a return to double-digit growth in FY22.
5. Temple & Webster Group Ltd (ASX: TPW)
We always knew it was going to be a great result as a result of pandemic restrictions on in-store shopping.
Revenue increased 85% while earnings before interest, tax, depreciation and amortisation (EBITDA explained) jumped 140%.
Impressively FY22 has started strongly, with revenue growth of 39% in FY21.
6. Uniti Group Ltd (ASX: UWL)
After a spree of acquisitions, the company is now focusing on organic growth.
Revenue jumped 175% while EBITDA soared 254%. It has an order book growing at 20% for the next five years and a competent management team who knows how to build a business.
This is more than just your typical telco.
7. Lovisa Holdings Ltd (ASX: LOV)
Lovisa was one of the hardest hit when the pandemic shut down retailers across the globe.
Despite this, profits increased 43% while sales increased 19%. In the first eight weeks of FY22 sales are up 56% and the business will only benefit further from the reopening of economies.
A quality retailer delivering quality results.
8. Tyro Payments Ltd (ASX: TYR)
Similar to Lovisa, Tyro was indirectly affected by lockdowns given a majority of its terminals are used by hospitality and retail outlets.
However, the company delivered transaction volume growth of 26%, merchant numbers up 81% and a positive EBITDA result.
It’s now the clear number five in merchant acquiring, behind the big four banks and taking market share rapidly. Definitely, one to keep on the watchlist.
9. Hub24 Ltd (ASX: HUB)
Wealth platform Hub24 results was largely expected by the market as the company reports quarterly numbers.
Nevertheless, this was an impressive year with funds under administration soaring 141% and EBITDA up 47%.
The company continues to take market share (now 3.9% up from 2.5% last year) from incumbent wealth providers, and I don’t see that slowing down anytime soon.
10. Netwealth Group Ltd (ASX: NWL)
A similar story to Hub24, this business just keep churning out solid numbers quarter after quarter, year after year.
The company grew its market share to 4.6% in FY21. For perspective, Netwealth’s market share stood at 1.4% just four years ago.
It looks expensive, but this is a business that has many years of growth ahead.
