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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 | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.49B | 1.45B | 1.41B | 1.12B | 981.68M | 819.29M | Gross Profit |
| 830.96M | 819.23M | 330.50M | 233.40M | 231.05M | 204.20M | EBIT |
| 368.80M | 124.53M | 134.71M | 63.58M | 93.78M | 89.67M | EBITDA |
| 173.43M | 281.41M | 299.65M | 207.12M | 240.93M | 201.36M | Net Income Common Stockholders |
| 64.48M | 59.53M | 88.65M | 31.46M | 76.92M | 55.68M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 43.56M | 28.05M | 29.72M | 49.73M | 34.08M | 54.91M | Total Assets |
| 1.24B | 1.15B | 1.15B | 1.22B | 1.11B | 955.54M | Total Debt |
| 566.92M | 542.20M | 558.28M | 600.33M | 484.95M | 401.47M | Net Debt |
| 523.36M | 514.15M | 528.56M | 550.59M | 450.87M | 346.56M | Total Liabilities |
| 789.70M | 729.14M | 713.32M | 775.61M | 683.20M | 547.02M | Stockholders Equity |
| 446.22M | 418.81M | 441.21M | 440.23M | 428.98M | 408.51M |
| Cash Flow | Free Cash Flow | ||||
| 200.44M | 214.23M | 222.22M | 94.45M | 127.74M | 155.37M | Operating Cash Flow |
| 229.44M | 246.05M | 256.59M | 140.35M | 159.41M | 178.69M | Investing Cash Flow |
| -40.41M | -34.03M | -40.46M | -48.60M | -44.67M | -32.28M | Financing Cash Flow |
| -192.93M | -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 |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$3.22B | 13.97 | 17.52% | 4.48% | 2.56% | -13.62% | |
75 Outperform | AU$12.17B | 25.98 | 29.07% | 3.11% | 6.21% | 0.20% | |
71 Outperform | AU$3.12B | 15.74 | 14.01% | 7.18% | -27.48% | -27.96% | |
66 Neutral | AU$817.34M | 11.91 | 14.35% | 8.09% | 6.29% | -12.42% | |
62 Neutral | $6.90B | 11.05 | 2.80% | 4.27% | 2.67% | -24.92% | |
53 Neutral | €1.18B | 23.30 | 8.55% | 6.26% | -2.43% | -49.64% |
Accent Group Ltd Corporate Events
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.
Accent Group Limited has announced a change in the director’s interest, specifically involving Daniel Agostinelli. The change includes an off-market transfer of 795,031 fully paid ordinary shares, increasing his indirect holdings to 16,524,316 shares. This adjustment in shareholding reflects the company’s ongoing internal financial management and could potentially influence stakeholder perceptions regarding the director’s confidence in the company’s future performance.
Accent Group Limited, a company involved in the retail industry, has announced a change in the voting power of its shares due to a subscription agreement with Frasers Group plc. This agreement grants Accent control over the voting rights of 82,477,463 shares previously held by Frasers, effectively making the two companies associates and aggregating their voting power. This strategic move could potentially impact Accent’s market positioning and influence within the industry.
Accent Group Limited announced a revised Form 603, reflecting changes in the parties listed as substantial holders, as advised by Frasers Group plc. This update is part of a subscription agreement between Accent and Frasers, which grants Accent a relevant interest in Frasers’ shares, impacting the company’s voting power and shareholder structure.
Accent Group Ltd has entered a strategic transaction with Frasers Group, granting it the rights to launch and operate Sports Direct stores in Australia and New Zealand for an initial 25-year term. This move includes plans to open at least 50 stores and expand to over 100, leveraging Frasers’ brand portfolio to enhance product offerings. The transaction includes Frasers subscribing to new Accent shares to fund the rollout, marking a significant growth opportunity and strategic alliance for Accent in the ANZ market.
Accent Group Limited has announced a strategic partnership with Frasers Group to introduce and operate Sports Direct, a leading global sporting goods retailer, in Australia and New Zealand. This collaboration is part of Accent’s growth strategy to expand its presence in the sports market and diversify its offerings. Frasers will increase its shareholding in Accent to 19.57%, demonstrating confidence in Accent’s management and growth potential. The partnership includes plans to open at least 50 Sports Direct stores over the next six years, with the potential for over 100 stores, leveraging Frasers’ brand portfolio and global relationships. This move is expected to significantly enhance Accent’s market position and provide substantial growth opportunities.
Accent Group Limited has announced a proposed issue of 35,186,695 ordinary fully paid securities, scheduled for issuance on May 12, 2025. This move is part of a strategic placement or other type of issue, potentially impacting the company’s market positioning and offering stakeholders new opportunities for investment.
Accent Group Limited, a company with a significant presence in its industry, has entered into a Subscription Agreement with Frasers Group plc, resulting in Accent becoming a substantial holder with a 14.57% voting power in its own shares. This agreement not only gives Accent control over a significant number of shares but also establishes an association between Accent and Frasers, potentially influencing the board composition of Accent.