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Virgin Wines UK PLC
(LSE:VINO)
Virgin Wines UK PLC (VINO) vs. S&P 500 (SPY)
Virgin Wines UK PLC Business Overview & Revenue Model
Virgin Wines UK PLC Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 59.01M | 59.00M | 69.15M | 73.63M | 56.55M | Gross Profit |
| 18.80M | 17.44M | 21.72M | 23.28M | 17.13M | EBIT |
| 1.23M | -722.00K | 5.20M | 2.64M | 4.09M | EBITDA |
| 3.15M | 632.00K | 6.20M | 3.47M | 4.76M | Net Income Common Stockholders |
| 1.38M | -594.00K | 4.35M | 745.00K | 2.58M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 18.37M | 13.51M | 15.07M | 15.66M | 19.90M | Total Assets |
| 40.85M | 39.61M | 41.42M | 39.42M | 42.10M | Total Debt |
| 2.73M | 3.25M | 3.60M | 3.20M | 13.67M | Net Debt |
| -15.64M | -10.26M | -11.46M | -12.46M | -6.24M | Total Liabilities |
| 17.53M | 17.79M | 19.35M | 21.80M | 35.97M | Stockholders Equity |
| 23.32M | 21.82M | 22.07M | 17.63M | 6.14M |
| Cash Flow | Free Cash Flow | |||
| 5.68M | -1.11M | 7.00K | -1.61M | 15.90M | Operating Cash Flow |
| 6.12M | -146.00K | 976.00K | -1.37M | 16.15M | Investing Cash Flow |
| 159.00K | -774.00K | -938.00K | -237.00K | -242.00K | Financing Cash Flow |
| -822.00K | -636.00K | -628.00K | -2.63M | -1.79M |
Virgin Wines UK PLC Technical Analysis
Virgin Wines UK PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £13.13B | 18.26 | 46.76% | 1.92% | 12.83% | 15.54% | |
76 Outperform | £283.99M | 6.89 | 13.65% | 6.99% | 7.75% | -21.78% | |
73 Outperform | £25.40M | 16.31 | 6.37% | ― | -1.43% | 1016.67% | |
62 Neutral | $20.19B | 14.01 | -16.14% | 3.22% | 1.15% | 3.41% | |
48 Neutral | £293.49M | ― | -96.36% | ― | -16.32% | -202.39% | |
42 Neutral | £315.08M | ― | -48.80% | ― | -18.15% | -30.29% |
Virgin Wines UK PLC Corporate Events
Virgin Wines UK PLC announced a resilient first-half performance with a 9% growth during the Christmas trading period and a 5-year strategic growth plan to enhance shareholder value. The company reported a total revenue of £34.1 million and a 20% increase in profit before tax. Key strategic initiatives include customer acquisition, operational efficiencies, and partnerships with companies like Moonpig and Ocado. The company’s strong financial position, with no debt and significant cash reserves, supports its ambitious growth strategy aimed at reaching £100 million in annual revenue.
Virgin Wines UK PLC has announced a new growth strategy and capital allocation plan aimed at reaching £100 million in annual revenue with a 7% EBITDA margin in the medium term. The strategy includes increasing customer acquisition, expanding commercial partnerships, utilizing technology for customer engagement, and investing in Warehouse Wines. Additionally, the company plans a share buyback program to return value to shareholders, while maintaining a focus on organic growth over mergers and acquisitions.
Virgin Wines UK PLC announced the retirement of Graeme Weir, who has been with the company for 22 years, from his roles as Chief Financial Officer and Company Secretary. He will be succeeded by Amanda Cherry, the current Head of Group Finance, who has been with the company for 16 years. This change marks a significant transition in the company’s leadership, with expectations for continued growth under Amanda’s guidance. The company also announced that it will release its interim results for the six months ended December 2024 on March 26, 2025.
Virgin Wines UK PLC announced the retirement of Graeme Weir, who has been with the company for 22 years, from his roles as Chief Financial Officer and Company Secretary. He will be succeeded by Amanda Cherry, the current Head of Group Finance, who has been with Virgin Wines for 16 years. This leadership transition is expected to bring continuity and fresh impetus to the company’s future growth plans. Additionally, the company will release its interim results for the six months ended 27 December 2024 on 26 March 2025.
Virgin Wines UK PLC recently announced that all resolutions were passed at their General Meeting, indicating shareholder support for the company’s current direction and strategies. This development highlights Virgin Wines’ strong position in the market as it continues to expand its direct-to-consumer model, focusing on subscription services that have been integral to its growth and success.
Virgin Wines UK PLC announced the transfer of 158,892 ordinary shares from its treasury to satisfy employee share options as part of its Long Term Incentive Share Scheme. This transaction adjusts the company’s total voting rights to 55,827,802 ordinary shares, impacting shareholder calculations for interest notification under FCA rules. The move reflects Virgin Wines’ commitment to rewarding its employees and may affect market perceptions regarding the company’s financial strategies and governance.
Virgin Wines UK PLC announced transactions involving its ordinary shares by key managerial personnel under the company’s Long Term Incentive Plan. Amanda Cherry, Head of Group Finance, and Ian Long, Operations Director, exercised and subsequently sold options totaling 31,100 and 14,226 ordinary shares respectively. These transactions, conducted on the London Stock Exchange AIM Market, reflect the company’s ongoing efforts to align managerial incentives with shareholder interests.
Virgin Wines UK PLC reported a robust performance during the key Christmas trading period, with a 6.7% year-on-year increase in revenue over six weeks to December 27, 2024, and a 9% sales increase in December 2024 compared to the previous year. The company achieved significant customer acquisition and operational improvements, leading to a 20% increase in profit before tax and a strong cash position. Despite challenging trading conditions, Virgin Wines outperformed the declining online drinks market, bolstered by its strategic partnership with Ocado and a new value proposition, Warehouse Wines, indicating positive momentum and a promising outlook for further growth and shareholder value.
Virgin Wines UK PLC has announced a Notice of General Meeting and a proposed share buyback program, which requires a waiver of Rule 9 due to a Concert Party’s significant interest in the company. The program aims to utilize surplus cash for shareholder returns and satisfy options under the Long-Term Incentive Plan while maintaining a strong balance sheet, as the company holds a net cash balance of £10.3 million with no debt.