Ocado (OCDO.L) stock price, revenue, and financials

Ocado market cap is £13.2 b, and annual revenue was £2.33 b in FY 2020

£13.2 B

OCDO.L Mkt cap, 10-Nov-2021

£1.3 B

Ocado Revenue H1, 2021
Ocado Gross profit (H1, 2021)490.7 M
Ocado Gross profit margin (H1, 2021), %37.2%
Ocado Net income (H1, 2021)-34.4 M
Ocado EBITDA (H1, 2021)61 M
Ocado EBIT (H1, 2021)14.1 M
Ocado Cash, 30-May-20211.7 B
Ocado EV13 B
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Ocado Revenue

Ocado revenue was £2.33 b in FY, 2020 which is a 32.7% year over year increase from the previous period.

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Ocado Revenue Breakdown

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Ocado revenue breakdown by business segment: 76.5% from Retail, 22.9% from UK Solutions & Logistics and 0.6% from Other

Ocado Income Statement

Annual

GBPFY, 2018FY, 2019FY, 2020

Revenue

1.6b1.8b2.3b

Revenue growth, %

9%10%33%

Cost of goods sold

1.1b1.2b1.5b

Gross profit

547.5m591.8m813.9m

Gross profit Margin, %

34%34%35%

Sales and marketing expense

485.4m564.8m653.4m

General and administrative expense

167.0m209.9m343.0m

Operating expense total

652.4m774.7m996.4m

Depreciation and amortization

90.4m133.7m163.5m

EBITDA

59.5m43.3m73.1m

EBITDA margin, %

4%2%3%

EBIT

(31.9m)(185.8m)(95.8m)

EBIT margin, %

(2%)(11%)(4%)

Interest expense

14.7m30.9m58.3m

Interest income

2.2m3.3m5.5m

Pre tax profit

(44.4m)(214.5m)148.6m

Income tax expense

(500.0k)(2.7m)25.6m

Net Income

(44.9m)(211.8m)174.2m

EPS

0.1(0.3)(0.2)

Half Year

GBPH1, 2019H1, 2020H1, 2021

Revenue

882.3m1.1b1.3b

Cost of goods sold

582.6m724.5m829.2m

Gross profit

299.7m362.3m490.7m

Gross profit Margin, %

34%33%37%

Sales and marketing expense

279.7m313.0m370.4m

General and administrative expense

208.1m143.2m211.8m

Operating expense total

487.8m456.2m582.2m

Depreciation and amortization

55.2m75.7m103.5m

EBITDA

18.1m19.8m61.0m

EBITDA margin, %

2%2%5%

EBIT

(136.1m)(17.7m)14.1m

EBIT margin, %

(15%)(2%)1%

Interest expense

8.3m26.4m38.7m

Interest income

1.6m3.5m1.0m

Pre tax profit

(142.8m)(79.7m)(23.6m)

Income tax expense

200.0k400.0k10.8m

Net Income

(143.0m)(80.1m)(34.4m)

EPS

(0.2)(0.1)(0.1)

Ocado Balance Sheet

Annual

GBPFY, 2018FY, 2019FY, 2020

Cash

410.8m750.6m1.7b

Accounts Receivable

52.4m67.5m104.5m

Prepaid Expenses

12.9m26.0m34.1m

Inventories

56.5m52.3m61.6m

Current Assets

576.3m1.0b2.4b

PP&E

556.7m468.6m785.0m

Goodwill

4.7m4.7m

Total Assets

1.3b2.3b4.0b

Accounts Payable

133.4m120.9m139.4m

Short-term debt

22.9m50.1m48.1m

Current Liabilities

329.3m459.3m494.1m

Long-term debt

337.7m558.1m1.4b

Non-Current Liabilities

464.0m775.6m1.7b

Total Debt

360.6m608.2m1.4b

Common Stock

14.0m14.2m15.0m

Additional Paid-in Capital

587.0m705.3m1.4b

Retained Earnings

79.6m555.2m425.5m

Total Equity

556.6m1.1b1.8b

Debt to Equity Ratio

0.6 x0.6 x0.8 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x

Financial Leverage

2.4 x2.2 x2.2 x

Half Year

GBPH1, 2019H1, 2020H1, 2021

Cash

360.1m1.3b1.7b

Inventories

44.4m51.4m71.8m

Current Assets

561.8m1.5b2.0b

PP&E

498.5m611.9m978.5m

Goodwill

4.7m136.4m

Total Assets

1.3b3.0b4.1b

Short-term debt

26.5m71.3m51.4m

Current Liabilities

411.0m556.6m501.3m

Long-term debt

333.7m1.0b1.4b

Non-Current Liabilities

506.7m1.3b1.8b

Total Debt

360.2m1.1b1.5b

Common Stock

14.1m14.3m15.0m

Additional Paid-in Capital

676.1m715.4m1.4b

Retained Earnings

(92.1m)479.0m373.6m

Total Equity

382.2m1.1b1.8b

Debt to Equity Ratio

0.9 x1 x0.8 x

Debt to Assets Ratio

0.3 x0.4 x0.4 x

Financial Leverage

3.4 x2.7 x2.3 x

Ocado Cash Flow

Annual

GBPFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

91.3m233.0m168.9m

Accounts Receivable

(36.1m)(29.4m)(59.2m)

Inventories

(13.6m)(7.6m)38.5m

Accounts Payable

55.0m8.0m52.8m

Cash From Operating Activities

128.4m51.7m225.4m

Purchases of PP&E

(112.8m)(175.5m)(344.6m)

Cash From Investing Activities

(167.9m)(264.0m)(682.8m)

Long-term Borrowings

(32.0m)(65.2m)(53.4m)

Cash From Financing Activities

300.3m552.1m1.5b

Net Change in Cash

260.8m339.8m1.1b

Interest Paid

14.5m30.6m25.8m

Half Year

GBPH1, 2019H1, 2020H1, 2021

Depreciation and Amortization

55.2m76.6m104.2m

Accounts Receivable

(54.8m)12.7m(21.5m)

Inventories

6.6m900.0k(26.4m)

Accounts Payable

44.8m74.8m15.5m

Cash From Operating Activities

(8.6m)165.6m93.3m

Purchases of PP&E

(88.4m)(145.0m)(231.0m)

Cash From Investing Activities

(83.4m)(180.5m)(135.3m)

Long-term Borrowings

(12.3m)(26.4m)(22.2m)

Cash From Financing Activities

41.3m564.6m(100.0k)

Net Change in Cash

(50.7m)549.7m(42.1m)

Interest Paid

3.5m17.2m16.9m

Ocado Ratios

GBPFY, 2018

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.4 x

Ocado Operating Metrics

Ocado's Active Customers was reported to be 777 k in H1, 2021.
FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021

Active Customers

721 k745 k795 k639 k680 k777 k

Weekly Orders

296 k318 k325 k200 k334 k356 k

Deliveries per Van per Week

194194196175184183

Average Order Size

£106.85£108.04£107£137.46£137.19£138

Distribution Sites

3

Partners

59

Patents Issued

65159292

Product Waste

0.8%0.7%0.4%0.4%0.4%

Punctuality Rate

94.9%95.7%95%97%

Stock Keeping Units

54 k55 k58 k

Ocado Human Capital

Ocado's employees are reported to be approximately 19% female and 81% male.

Gender

FY, 2017FY, 2016
Female18.4%17.4%
Male80.8%81.7%
Other0.8%0.8%

Ocado Employee Rating

3.6980 votes
Culture & Values
3.2
Work/Life Balance
2.9
Senior Management
3
Salary & Benefits
3.4
Career Opportunities
3.2
Source