Baltic Classifieds Group PLC (CHIX:BCGl)
ÂŁ 3.765 +0.015 (+0.4%) Market Cap: 1.81 Bil Enterprise Value: 1.81 Bil PE Ratio: 47.78 PB Ratio: 6.09 GF Score: 93/100

Half Year 2025 Baltic Classifieds Group PLC Earnings Call Transcript

Dec 5, 2024 / 09:30 AM GMT
Release Date Price: ÂŁ3.4 (-1.45%)

Key Points

Positve
  • Baltic Classifieds Group PLC (STU:983) reported a strong financial performance with revenue growth of over 17% and EBITDA growth of 18%.
  • The company expanded its industry-leading EBITDA margin to 79% and maintained cash conversion close to 100%.
  • Strategic pricing and packaging changes led to double-digit yield growth across all business units.
  • The company successfully implemented pricing events in May and October, setting up strong momentum for the second half of the year.
  • The board expects revenue growth of at least 15% for the second half of the year, with key segments projected to grow above this target.
Negative
  • Inventory levels are expected to remain flat or grow only in low single digits, which may limit potential revenue growth.
  • The company faces competition in the marketplace business, which could impact pricing power and market share.
  • There is a risk of inventory volatility, which could affect business performance if not managed properly.
  • The company did not win a recent M&A opportunity, indicating challenges in acquiring attractive assets at reasonable prices.
  • Marketing costs increased by 2%, and while minimal, they still represent a cost factor that needs to be managed.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BCG.L - Baltic Classifieds Group PLC
Half Year 2025 Baltic Classifieds Group PLC Earnings Call
Dec 05, 2024 / 09:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning.

The start of the financial year has been very successful and the leadership in the core platforms remained as strong as ever. The number of customers and inventors saw healthy growth in each of our core verticals and both B two C Arpo and CTC yields have increased double digits.

This has resulted in a strong financial performance with revenue growth over 17% and a bid up 18%.

In fact, I am very proud that our EBITDA for this half of the year is almost equal to our full year, EBITDA Threee IPO, which is a remarkable achievement in just 3.5 years period.

In addition, we have expanded our industry leading EBITDA margin to 79% and maintain cash conversion close to
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot