The Camplify Holdings Ltd (ASX: CHL) share price is trading up in the green today amid the release of its Q4 FY22 activities report and business update.
At the time of writing, Camplify is trading 4% higher at $2.36 apiece. In broad market moves, the benchmark S&P/ASX 200 Index (ASX: XJO) is flat at 6,798 at the time of writing.
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Camplify share price up as revenue climbs
Key takeouts from the quarter include:
- Q4 FY22 Gross Transaction Volumes (GTV) of $ 17.71 million, growth rate of 82.81% over the prior corresponding period (pcp), pcp being Q4 FY21.
- Revenue for Q4 FY22 of $5.6 million, a growth rate of 103.83% over the pcp
- Take rate for the quarter hitting 25.47% (unaudited) and 31.63% including van sales.
- Cash receipts from customers of $15.86 million for Q4 FY22
- Order book closing the quarter strong at $14.78 million in future bookings recorded.
What else happened last quarter for Camplify?
Camplify experienced an 83% growth in GTV over the pcp last quarter. Total GTV recorded was $17.71 million.
Net revenue also grew more than 103% compared to the same time last year. The company printed net revenue of $5.60 million, underscored by its "stellar growth performance".
Future booking values continue to grow as well. Camplify left the quarter with an allocation of $14.78 million in future bookings value.
This represents a year on year increase of more than 112% to $6.95 million.
"Future bookings, are bookings that have been booked and paid, but are yet to take place, and not recognised in the Camplify recorded GTV allocation," the company clarified.
Moreover, growth was recognised within all the company's footprint, Camplify says.
"Growth for the period was consistent across all regions with over 83% increases in GTV in every region," it noted.
In particular, New Zealand was strong in growth with a 146% year on year growth schedule. These numbers indicate a strong recovery there, the company says.
Other avenues of income continue to show signs of growth as well:
During the quarter the Camplify marketplace grew total customers by 67180. This includes users from the import of customers from the Mighway and ShareaCamper and organic customer growth.
Growth in the total RV fleet reached 9,926, a total growth percentage of 61.11% pcp.
In the past 12 months, the Camplify share price has held onto an 83% gain.
