Ocean Outdoor Limited (OOUT) 2018年年度报告「LSE」.pdf

1、 Ocean Outdoor Limited(Formerly Ocelot Partners Limited)Annual Report and Consolidated Financial Statements Year ended 31 December 2018 Contents Key Highlights 1 Chairmans statement 2 Report of the Directors 3 Corporate Governance 10 Independent Auditors report to the members of Ocean Outdoor Limite

2、d 13 Consolidated statement of profit and loss and other comprehensive income 18 Consolidated statement of financial position 20 Consolidated statement of changes in equity 21 Consolidated statement of cash flows 22 Notes to financial statements 23 Appendix 52Ocean Outdoor Limited 1 Key Highlights T

3、he following headline financial information is on an unaudited pro forma1 basis of Ocean Outdoor Limited and its subsidiaries(Ocean,the Group or the Company),with comparisons between FY18 and FY17.The headline financial information,including Forrest Outdoor Media Limited,the trading entity acquired

4、with Forrest,can be found in the appendix.Financial reported highlights Billings2 recognised by the Group in FY18 were 70.3m(FY17:Nil)Revenue generated by the business in the year totalled 49.8m(FY17:Nil)Group gross profit was 20.4m(FY17:Nil)Cash on balance sheet of 160.5m,leaving the Group well pos

5、itioned to continue its organic growth and M&A strategies Net assets increased 92.6m to 386.8m(FY17:294.2m)Cash generated from operations totalling 22.4m(FY17:0.5m)Financial proforma highlights Billings2 increased 13.7%year on year to 87.8m(FY17:77.2m)Revenue rose 15.2%to 62.2m(FY17:54.0m)Digital bi

6、llings made up 92.8%of total billings(FY17:89.1%)Gross profit increased by 13.8%to 25.2m(FY17:22.1m),with a gross profit margin of 40.4%(FY17:40.9%)Adjusted EBITDA3 up 4.7%to 20.0m,with an adjusted EBITDA margin of 32.2%Operational highlights Acquisition of SCP Acquisition Topco Limited for an enter