ThinkSmart Limited, Austral Limited, Independence Group NL and Peet Limited report: Here's what you need to know

Here's what you need to know about ThinkSmart Limited (ASX:TSM), Austral Limited (ASX:ASB), Independence Group NL (ASX:IGO) and Peet Limited (ASX:PPC) today.

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

With results rolling in everyday, it can be hard to keep on top of all your companies' earnings reports. Here's a brief rundown of four reports you shouldn't miss…

ThinkSmart Limited (ASX: TSM) yesterday reported its results for the six-month period to June 2014. Following the sale of its operations in Australia and New Zealand during 2013, the company reported $1.55 million NPAT from continuing operations, up 14.9% year-on-year, this on $11.461 million of revenue. Impressively, the group had available cash assets of $38.5 million, up 422% from a year earlier and was able to declare a special fully franked dividend of 3.67 cents per share.

Ship building company, Austral Limited (ASX: ASB) capped off a strong year of share price appreciation, rewarding shareholders with $39 million in underlying profit for the year, up from $27.8 million a year earlier. It also exceeded revenue guidance to notch-up a $1.122 billion result. Net debt fell to just $68.5 million but so did earnings per share, falling 3 cents, to 9 cents per share.

Gold, copper, zinc and nickel miner Independence Group NL (ASX: IGO) released one of the more impressive results to the ASX today. It notched up 77% revenue growth for the year – a majority of the gains stem from its new Tropicana Gold mine – and diluted earnings per share were 19.78 cents, up from just 7.79 cents last year. NPAT grew to $46.6 million, up from $18.3 million last year. As expected, it declared a final dividend of 5 cents per share. Keep an eye on this one.

Lastly, property developer Peet Limited (ASX: PPC) also announced a strong set of full-year results with an operating profit of $31.6 million, up 73% year-on-year. Revenue climbed 23% higher to $296.7 million and earnings per share grew to 7 cents (up from just 0.3 cents), and enabled the company to declare a dividend of 3.5 cents per share (unfranked). CEO and MD, Brenden Gore said: "The Group has moved into FY15 well positioned for future growth."

OUR #1 dividend stock idea – Yours FREE! 

Motley Fool Contributor Owen Raszkiewicz does not have a financial interest in any of the companies mentioned in this article. 

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »