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Toys'R'Us ANZ Limited (ASX:TOY)

ALERT: Price-sensitive ASX Announcement for TOY
Current share price for TOY : $0.027 -0.008 (-22.86%)+
Announcement
Release
24 Mar 2025 11:07AM
Price at Release
$0.035
Full Release
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Summary
The interim report for Toys 'R' Us ANZ Limited for the half-year ending 31 January 2025 reveals that the company achieved sales revenues of $3.1 million, a decrease from $5.9 million in the previous year. The loss after tax was $0.7 million, significantly improved from a $9.6 million loss in the previous year. Key strategic actions included exiting the UK business, renegotiating licensing terms, and securing $1.5 million in funding. Overall, product margins improved, reflecting a focus on core operations despite lower total revenues.
Key Points
  • The company reported a sales revenue of $3.1 million for the half-year.
  • Loss after income tax was $0.7 million, an improvement from $9.6 million the previous year.
  • The firm exited the UK business and renegotiated favorable licensing terms.
  • Product margins improved to 37%, up from 18% the previous period.
  • Inventory value increased to $1.0 million as of January 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.