On Tuesday infection control specialist Nanosonics Ltd (ASX: NAN) and conglomerate Wesfarmers Ltd (ASX: WES) stole the headlines with the release of their blockbuster results.
But they weren't the only ones releasing results. Three results that you might have missed are summarised below:
Ainsworth Game Technology Limited (ASX: AGI)
On Tuesday this gaming technology company's shares climbed 4% higher following the release of its full year results. Ainsworth reported revenue of $234.3 million and a profit after tax of $10.9 million. This was a disappointing 12% and 66% decline, respectively, on the prior corresponding period. Whilst this was a very poor result, it had been widely expected by the market. In FY 2020 the company expects conditions to remain challenging in the first half, particularly in the Australian market. But it expects things to improve in the second half and believes it has good growth prospects in the North American market.
Sealink Travel Group Ltd (ASX: SLK)
This travel company's shares dropped 3% following the release of its full year result. SeaLink grew its sales by 19.5% to a record $248.8 million, this was driven primarily by the acquisition of Kingfisher Bay Resort Group and the new Bruny Island ferry service in Tasmania. Underlying net profit after tax rose 6% to $23.4 million. No real guidance was given for FY 2020, other than management advising that it believes it is well-positioned to improve on its profit result this year. A fully franked 8.5 cents per share final dividend was declared, up from 8 cents per share a year earlier.
Whispir (ASX: WSP)
This software-as-a-service communications workflow platform provider's shares will be on watch today following the after-hours release of its full year results on Tuesday. Whispir delivered a result that outperformed its IPO forecasts with revenue up 12% to $31.1 million and net profit after tax $0.8 million ahead of forecast, coming in at a loss of $13.3 million. Whispir CEO Jeromy Wells said: "Whispir achieved FY19 revenues ahead of Prospectus Forecast, delivering $31.1 million, a 12% increase over FY18. This was achieved alongside a Gross Margin of 63.2% a 144 bps improvement against Prospectus Forecast. Momentum continues to build in our offshore businesses with 24% growth in revenues in the US and a strong performance in Asia. We are confident of our outlook for FY20 having achieved our FY19 Forecast ARR of $31.5m at the end of the year."
