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Accent Group Ltd
(Sydney:AX1)
Accent Group Ltd (AX1) vs. iShares MSCI Australia ETF (EWA)
Accent Group Ltd Business Overview & Revenue Model
Accent Group Ltd Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.45B | 1.41B | 1.12B | 981.68M | 819.29M |
| Gross Profit | 819.23M | 330.50M | 233.40M | 231.05M | 204.20M |
| EBITDA | 281.41M | 299.65M | 207.12M | 240.93M | 201.36M |
| Net Income | 59.53M | 88.65M | 31.46M | 76.92M | 55.68M |
Balance Sheet | |||||
| Total Assets | 1.15B | 1.15B | 1.22B | 1.11B | 955.54M |
| Cash, Cash Equivalents and Short-Term Investments | 28.05M | 29.72M | 49.73M | 34.08M | 54.91M |
| Total Debt | 542.20M | 558.28M | 600.33M | 484.95M | 401.47M |
| Total Liabilities | 729.14M | 713.32M | 775.61M | 683.20M | 547.02M |
| Stockholders Equity | 418.81M | 441.21M | 440.23M | 428.98M | 408.51M |
Cash Flow | |||||
| Free Cash Flow | 214.23M | 222.22M | 94.45M | 127.74M | 155.37M |
| Operating Cash Flow | 246.05M | 256.59M | 140.35M | 159.41M | 178.69M |
| Investing Cash Flow | -34.03M | -40.46M | -48.60M | -44.67M | -32.28M |
| Financing Cash Flow | -213.71M | -235.41M | -76.04M | -135.81M | -127.75M |
Accent Group Ltd Technical Analysis
Accent Group Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$898.47M | 13.05 | 14.35% | 6.67% | 6.29% | -12.42% | |
64 Neutral | £1.74B | 10.51 | 6.12% | 256.36% | 0.55% | -33.64% | |
| ― | €204.50M | 9.77 | 14.57% | 6.88% | ― | ― | |
79 Outperform | AU$126.03M | 10.40 | 24.29% | 10.59% | 17.85% | 29.61% | |
73 Outperform | AU$617.60M | 24.94 | 16.47% | 5.02% | 14.03% | -7.57% | |
45 Neutral | AU$35.88M | ― | -38.51% | ― | -53.71% | 37.00% | |
| ― | AU$6.43M | ― | ― | ― | ― |
Accent Group Ltd Corporate Events
Accent Group Limited has announced that it will release its financial results for the full year ending 29 June 2025 on 22 August 2025. The announcement includes an investor briefing call scheduled for the same day, indicating the company’s commitment to transparency and stakeholder engagement. This release is likely to impact the company’s market positioning by providing insights into its financial health and operational strategies.
The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
Accent Group Limited has announced a change in the director’s interest notice involving Lawrence Myers. The company reported an increase in indirect interest holdings, with the acquisition of 1,060,000 ordinary shares through various entities associated with Mr. Myers, including Bodyelectric Pty Limited and S.R.S. (Holdings) Pty Ltd. This change reflects strategic positioning and potential confidence in the company’s future prospects.
The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
Accent Group Limited has reported challenging trading conditions in the second half of the fiscal year 2025, with low growth in the lifestyle footwear market affecting both retail and wholesale sales. The company is experiencing pressure on gross margins due to a competitive promotional environment and a focus on managing inventory levels. Like-for-like sales have decreased by 1.0% over 23 weeks, and gross margins have fallen by 80 basis points compared to the previous year. Despite these challenges, the company expects its full-year EBIT to be between $108.0 million and $111.0 million.
The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
Accent Group Limited announced a change in the director’s interest notice, specifically regarding Daniel Agostinelli’s holdings. The notice corrects previous inaccuracies in the disclosure of Agostinelli’s direct and indirect interests in Accent securities. The corrections do not impact his overall relevant interest in the company. Additionally, 2Como Pty Ltd, as trustee for the 2Como Trust, disposed of a total of 800,712 fully paid ordinary shares across two tranches on 27 and 28 May 2025.
The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
Accent Group Limited announced the retirement of its long-serving Chairman, Mr. David Gordon, who will step down at the conclusion of the Annual General Meeting in November 2025. Mr. Gordon, who has been with the company for over 18 years, played a crucial role in its growth and the acquisition of Sports Direct rights in Australia and New Zealand. He will be succeeded by Mr. Lawrence Myers, ensuring a smooth transition in leadership.
The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
Accent Group Limited has completed a strategic transaction with Frasers Group to launch and operate the Sports Direct business in Australia and New Zealand. This partnership involves Accent issuing new shares to Frasers and using the proceeds to fund the rollout of Sports Direct stores, with plans for at least 50 stores over the next six years, potentially expanding to over 100 locations. This move is expected to enhance Accent’s market presence and operational capabilities in the ANZ region.
The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
Accent Group Limited has experienced a significant change in its voting power due to an increase in shares held by Frasers Group plc. This change, resulting from a share issue and on-market purchases, has increased Frasers’ voting power in Accent from 14.57% to 19.90%, potentially impacting the company’s governance and stakeholder dynamics.
The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
Accent Group Limited has issued 35,186,695 fully paid ordinary shares to Frasers Group plc at $1.718 per share, following a subscription agreement announced in April 2025. This strategic move is expected to strengthen Accent Group’s capital base, potentially enhancing its market position and operational capabilities.
The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
Accent Group Ltd has announced the quotation of 35,186,695 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code AX1, effective from May 13, 2025. This move is part of previously announced transactions, potentially impacting the company’s market liquidity and investor interest, as it expands its financial activities on the ASX.
The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.
Accent Group Limited announced a change in the director’s interest, with Daniel Agostinelli disposing of a total of 795,031 fully paid ordinary shares through on-market trades on April 24 and April 28, 2025. This change reflects a strategic financial decision by the director, which may influence stakeholder perceptions and the company’s stock market performance.