Vivopower International PLC (FRA:51J)
€ 2.54 -0.06 (-2.31%) Market Cap: 8.84 Mil Enterprise Value: 39.29 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 29/100

Full Year 2022 VivoPower International PLC Earnings Call Transcript

Aug 29, 2022 / 09:00PM GMT
Operator

Good day and thank you for standing by. Welcome to the VivoPower International PLC fiscal year 2022 full-year earnings conference call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded.

I will now like to hand the conference over to your speaker today, Kevin.

Kevin Chin
VivoPower International PLC - Co-Founder & CEO

Thank you, Victor. And welcome, everyone, to the FY22 earnings call for VivoPower International PLC. We'll jump straight into slide 2, which is the executive summary.

So in a nutshell, we have made significant strategic progress over the last 12 months. But we've had to continue with quite a few headwinds including lingering COVID effects from our businesses in Australia as well as foreign exchange.

So going through key points. Firstly, revenue declined to $37.6 million, primarily attributable to the strict COVID lockdowns, which we previously [provided] during the half-year results which unfortunately did expand through the majority of the periods

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