Shaver Shop Group (SSG) AGM 2025 Presentation summary

Company overview and business fundamentals

• Operates 126 corporate-owned stores across Australia and New Zealand, with 23% of sales online in FY25.

• Market leader in DIY grooming and personal care, focusing on premium products and exclusive brands.

• Maintains a conservative balance sheet with no debt and $30m undrawn facilities.

• Delivers strong cash flow and fully franked dividends of 10.3 cents per share in FY25.

• Experienced management team with an average executive tenure of 11.6 years.

Financial performance and trends

• FY25 sales reached $219m, down 0.4% from FY24, but gross profit rose 2.1% to $99.5m.

• Achieved record gross profit margin of 45.5%, up 110bps, and EBIT grew 2.4% to $22.5m.

• Operating cash flow was $23.6m, with net cash of $3.9m at year-end.

• Net promoter score remained high at 89 out of 100.

• Share price and dividends have shown consistent growth since FY17.

Strategic initiatives and growth priorities

• Focused on store network optimisation, range expansion, and strategic category management.

• Launched Transform-UTM private brand to fill product gaps, driving higher gross margins.

• Secured new exclusive brands and expanded product categories for FY26.

• Enhanced social media engagement and continued store format evolution.

• Opened a small warehouse operation to drive efficiency.