It certainly was one of the busiest days of earnings season so far on Tuesday, with results released from the likes of Cochlear Limited (ASX: COH), Domino's Pizza Enterprises Ltd (ASX: DMP), and National Australia Bank Ltd (ASX: NAB) taking a lot of the headlines.
Because of this, a few results slipped under the radar. Here are three that you might have missed:
1300 Smiles Limited (ASX: ONT)
This dentist operator's shares edged lower on Tuesday despite delivering a net profit after tax of $7.6 million on revenue of $39.1 million. This was a 5% and 8.5% increase on FY 2017's result. The board elected to declare a 12 cents per share fully franked final dividend, bringing its full-year dividend to 24 cents per share. According to management, the solid result was driven by the addition of 9 new facilities and continued improvements in trading conditions. 1300 Smile finished the year with 32 facilities and more could be on the way. Management stated that: "Our conservative balance sheet means that we have the ability to complete suitable acquisitions on any conceivable scale."
GBST Holdings Limited (ASX: GBT)
The shares of this specialist financial technology company tumbled lower yesterday after it posted a weak financial result for FY 2018. Revenue came in at $88.3 million, which was flat on FY 2017's result. Whereas adjusted net profit after tax fell 22% to $8.2 million after two of its key segments each lost a major client. One positive, though, was that GBST had a much stronger second-half to FY 2018 after a hugely disappointing first-half. If the company can build on this in FY 2019 then it could return to growth again.
SG Fleet Group Ltd (ASX: SGF)
This fleet management company's shares were flat on Tuesday following the release of its full-year results. SG Fleet posted a 7.9% year-on-year increase in revenue to $316.5 million and a 13.6% year-on-year increase in net profit after tax to $67.7 million. This was driven largely by increased penetration of the company's add-on products and services within its customer base and higher end of lease income. Its board declared a fully franked final dividend of 9.96 cents per share, lifting the total dividend for FY 2018 by 11.5% year-on-year to 18.74 cents per share.
