New Look Revenue

New Look revenue was £1.18 b in FY, 2019

Embed Graph

Summary - Funding Rounds

Founding Date

1969

New Look Revenue Breakdown

Embed Graph

New Look revenue breakdown by business segment: 65.9% from UK Retail, 13.6% from E-commerce, 5.3% from 3rd Party E-commerce, 12.7% from International and 2.4% from Other

New Look revenue breakdown by geographic segment: 20.4% from International and 79.6% from UK

New Look Income Statement

Annual

GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.2b1.2b1.2b1.2b1.3b1.3b1.4b1.5b1.3b1.2b

Revenue growth, %

(7%)

Cost of goods sold

520.7m546.6m571.4m568.9m591.8m668.9m703.9m707.9m735.7m671.8m

Gross profit

710.8m668.6m634.3m679.6m682.0m641.5m694.6m746.8m612.1m506.2m

Gross profit Margin, %

58%55%53%54%54%49%50%51%45%43%

General and administrative expense

670.4m764.6m

Operating expense total

670.4m764.6m

Depreciation and amortization

40.7m34.2m29.9m

EBIT

138.3m148.9m157.9m76.4m(152.5m)(285.2m)

EBIT margin, %

11%11%11%5%(11%)(24%)

Interest expense

233.0k111.0k38.0k3.0m458.0k453.0k96.6m84.0m13.5m

Interest income

16.9m16.0m17.9m17.0m2.6m395.0k937.0k3.4m2.3m2.3m

Pre tax profit

160.0m96.5m68.2m121.9m117.0m148.8m178.5m(16.6m)(234.2m)(296.4m)

Income tax expense

25.5m7.6m(8.2m)5.0m2.2m5.7m6.5m3.6m(10.4m)(9.2m)

Net Income

134.5m88.9m76.4m116.9m114.7m143.2m172.1m(20.2m)(223.8m)(287.2m)

New Look Balance Sheet

Annual

GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

181.9m159.7m184.7m89.5m81.1m92.0m88.8m73.2m59.3m58.7m

Accounts Receivable

9.4m10.5m16.1m13.8m16.0m27.1m28.2m30.1m32.1m19.6m

Prepaid Expenses

43.0m28.7m

Inventories

110.9m118.9m105.6m112.4m109.6m136.7m133.9m158.6m149.1m124.8m

Current Assets

992.4m1.1b1.2b1.3b409.5m491.4m509.6m343.2m287.1m226.7m

PP&E

209.1m206.8m181.4m169.4m158.1m106.6m106.8m143.7m101.2m56.3m

Total Assets

733.4m744.9m1.3b1.2b417.4m

Accounts Payable

84.5m121.3m84.1m93.0m87.8m108.3m108.9m107.0m92.4m81.4m

Short-term debt

146.7m83.1m100.0m285.0m

Current Liabilities

392.1m367.5m355.3m341.5m347.0m368.0m307.3m276.0m371.4m472.9m

Long-term debt

123.0k1.2b1.2b

Non-Current Liabilities

64.7m44.8m35.2m27.4m22.5m76.4m61.9m1.3b1.3b41.6m

Total Debt

146.8m83.1m1.2b1.3b285.0m

Total Liabilities

444.4m369.1m1.6b1.7b514.5m

Common Stock

1.0k1.0k1.0k1.0k1.0k1.0k1.0k10.4m10.4m1.0k

Additional Paid-in Capital

600.0k600.0k

Retained Earnings

913.2m1.0b1.1b1.2b289.2m269.5m357.5m(93.3m)(297.6m)(95.8m)

Total Equity

913.2m1.0b1.1b1.2b289.2m289.1m375.7m(329.5m)(560.6m)(97.1m)

Financial Leverage

2.5 x2 x-3.9 x-2.1 x-4.3 x

New Look Cash Flow

Annual

GBPFY, 2017FY, 2018

Net Income

76.4m(152.5m)

Depreciation and Amortization

58.4m90.5m

Accounts Receivable

6.2m17.0m

Inventories

(9.5m)9.4m

Accounts Payable

(100.0k)(4.7m)

Cash From Operating Activities

117.6m(17.9m)

Purchases of PP&E

(44.3m)(31.7m)

Cash From Investing Activities

(73.1m)(51.9m)

Short-term Borrowings

(20.2m)

Dividends Paid

(11.6m)(600.0k)

Cash From Financing Activities

(111.9m)56.7m

Net Change in Cash

(67.4m)(13.1m)

New Look Ratios

GBPFY, 2010

New Look Operating Metrics

FY, 2016FY, 2017FY, 2018

Countries

25

Franchise Stores

84 69

Retail Space, sq. ft.

5.44 m5.53 m5.58 m

Stores

838 872 895

Stores (UK)

592 593

Stores Owned

788 826

Suppliers

196

Supplying Factories

770