Vivopower International PLC (FRA:51J)
€ 2.6 -0.02 (-0.76%) Market Cap: 8.49 Mil Enterprise Value: 38.87 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 29/100
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Half Year 2022 VivoPower International PLC Earnings Call Transcript

Feb 24, 2022 / 10:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to VivoPower International PLC FY22 half-year results conference call. (Operator Instructions) As a reminder, this conference call is being recorded.

I would like to turn the conference over to your host, Mr. Kevin Chin. Please go ahead.

Kevin Chin
VivoPower International PLC - Co-Founder & Chairman

Thank you, and welcome, everyone, to the half-year results presentation for VivoPower.

Let's jump straight to page 4, the executive summary. So headline is we've made good strategic progress over the last six months, but our results have been affected by extended COVID lockdowns in our key markets, particularly Australia. So the six-month revenue decreased 11% year on year to $18.9 million, reflecting the lockdown regime that we had to contend with, principally in Australia, which extended from July 21 and really just has finished now in February 22, and that's caused delays to scheduled works for the Aevitas business units as well as significantly curtailing kit deliveries' [drop].

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