EZZ - EZZ Life Science Holdings

[System]

EZZ Life Science Holdings is an exclusive wholesale distributor of a range of skin care products under the EAORON brand to pharmacies, supermarkets and specialist retailers in Australia and New Zealand.

It also develops, produces and distributes consumer health products under its own brand, EZZ, to retailers in Australia and New Zealand as well as consumers in China, with plans to expand to other international markets.

It is anticipated that EZZ will list on the ASX during February 2021.

EZZ Life – EZZ Life Science Holdings Ltd

ezzlife.com.au

 

[Dona Ferentes]

Now a bit fancier :

EZZ Life Sciences (ASX: EZZ)

EZZ Life Science is a genomic life science company with a mission to improve quality of life and human health.

 

[galumay]

EZZ guiding for sales to have increased 75% on Q3 2023 results, that implies sales of about $19.6m for Q3 this year - thats about the same as the result for the whole of H1 2024!! Its also over 40% up from Q2 2024. Will be interested to see how much the advertising & marketing spend has increased.
#hodling

 

[galumay]

Interesting announcement from EZZ this morning of a private placement with strategic investor. Seems to be a lot of alignment between the 2 businesses.

 

[galumay]

Very good 4C from EZZ at first glance, will have to look in more detail later, especially around the S&M spend which continues to grow.

 

[debtfree]

Your EZZ updates on ASF since the 27th March have rebooted interest in this stock @galumay .
Plenty of momentum since then with price and volume increasing, turning the short and long term EMAs back up again.

 

[galumay]

Sadly, correlation is not causation!

 

[galumay]

Great announcement from EZZ this morning, a new deal worth $15m minimum per year - they did $22m last half so that is a massive lift in revenue. Happy hodler!

 

[galumay]

This little business keeps kicking goals! Up a fair bit yesterday (someone knew!), another 15% today.
3 bagger in 4 months plus a divvy. If only this wasn't largely luck!!

 

[Dona Ferentes]

Your EZZ updates on ASF since the 27th March have rebooted interest in this stock @galumay .

yes, thanks. and the trend continues..

Plenty of momentum since then with price and volume increasing,

. still going:

.
EZZ was not impaired by doing a bit of "disclosure obligation" catch up this week...

Disclosure of Media Statements
EZZ Life Science Holdings wishes to disclose to the market statements made during a recent media interview. On 26 June 2024, the Company's Chair, Mr Glenn Cross, was interviewed by AusBiz regarding EZZ's recent company developments. During this interview, Mr Cross mentioned that EZZ has approximately A$19 million in cash. The Company would like to fully disclose that EZZ anticipates having approximately A$19 million (unaudited) in cash by the end of the fourth quarter of FY24.

EZZ will release its quarterly results for the fourth quarter in July 2024, which will provide a comprehensive update on the Company's financial position, including the cash balance. The Company remains committed to keeping the market informed.

 

[bk1]

Average volume has doubled in less than a month...

 

[galumay]

Certainly been the fastest 4 bagger I have ever invested in!

 

[galumay]

EZZ 4C out and as expected metrics are very good,

The A&M spend continues to drive revenue growth, its running at just over 50% of revenue, but as every dollar of A&M spend increases Revenue by about $2, the result is cash dropping straight to the bottom line. $4.5m OCF this quarter and $6.2m for the full year with cash on hand up from $15m to $19m.

 

[galumay]

The price dropped 12% on open, I suspect the narrative speculators didn't get any further down than the commentary!
This is no doubt what frightened the horses.

My thought was imagine how good the results would have been if they had made $12m extra revenue!! Even if they made $0 from the distro agreement the financial result would have been OK.

 

[galumay]

As expected, a smashing result for EZZ in 2024. Some details I want to look into, but very happy with the headline numbers.

Ok, again Advertising & Marketing is a massive spend, now $37m for the year to generate $66.5m of sales, but the net margins are going up, was 9.7% now 10.5%. Cant argue with the cash generation, $5m added to take cash to $19m with no debt.

Lets not forget the miss on expectations of $12m of revenue from the HIC deal!

 

[galumay]

....and up nearly 25% for the day! Up nearly what I paid for them in one day!

 

[galumay]

Sold out today at $4, i really like the business but its 8x in 7 months since I took a position and the price has just run so ahead of any range of value I can calculate for the business, so I took my profit.