It was a healthy start to the trading week for the All Ordinaries Index (ASX: XAO) and most ASX All Ords shares on Monday. At market close, the All Ords gained a rosy 0.44%.
But earnings season is still going, and we have three All Ords shares that bounced up much higher today (at least at one point) thanks to some pleasing results for the 2023 financial year. Let's check them out.
Three All Ords shares that bounced higher on earnings
Helloworld Travel Ltd (ASX: HLO)
ASX travel stock Helloworld Travel is first up. Helloword shares were on fire today, finishing up a happy 6% at $3.18 each after closing at $3 last Friday. And looking at the company's full-year results for FY23, it's not hard to see why. This morning, Helloworld revealed that its revenues for FY23 came in at $165.9 million, up a whopping 1395% from the $69.3 million reported in FY22.
That helped pull Helloworld's earnings before interest, tax, depreciation and amortisation (EBITDA) up to $44.1 million, up from a loss of $10.6 million last year.
The company's net profits after tax (NPAT) also swung back in the black. Helloworld reported an NPAT of $19.2 million for the year, up from a net loss of $28.8 million in FY22.
The Helloworld Travel share price is now up a massive 137% in 2023 to date:
Infomedia Limited (ASX: IFM)
Next cab off the rank is All Ords software-as-a-service company Infomedia. Infomedia shares also shooting higher today, rising by a respectable 4.27% to $1.71 a share after closing at $1.64 last week. That was after this company spiked up to $1.78 a share this morning (up nearly 10% at the time), a new 52-week high for Infomedia.
Again, it's not hard to see why investors are so excited. Infomedia announced today that its revenues for the 2023 financial year came in at $129.91 million, up from $120.14 million over FY22. 99% of this revenue came from recurring sources. Meanwhile, underlying cash EBITDA rose by 14% from $24.8 million to $28.38 million, while NPAT lifted 16% to $9.6 million.
Infomedia shares are now sitting at a year-to-date gain of 43%:
Lindsay Australia Ltd (ASX: LAU)
Finally today, let's check out All Ords logistics and transport company Lindsay. With this company, we saw some strange machinations when it came to the share price. Lindsay shares closed at $1.17 last week but opened at $1.27 a share this morning before rising as high as $1.29 (up more than 10.2% at the time).
However, investors spent the day cooling their jets, and at market close, the Lindsay share price finished in red territory, down 2.99% at $1.135 a share. So let's check out what the company had to say in its earnings report this morning.
Lindsay reported $676.2 million in revenues for the 2023 financial year, up 22.3% on the $553 million from FY22. Underlying EBITDA rose by an even more impressive 50.2% to $90.3 million, while underlying NPAT lifted from $18.69 million to $36.52 million.
It's not clear why investors have had such dramatic second thoughts about these numbers today. However, it is worth noting that the Lindsay share price is up a huge 48% in 2023 so far:
