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Results

Gross transaction volumes continued an increase, to over $22m for the half year,  presenting an pcp growth of 61.6% (H1FY22 pcp). This continues the strong growth  Camplify has demonstrated to see a CAGR of 94% for the last 3 years (H1 FY20  (unaudited), H1 FY21, H1 FY22). Revenue also continued to grow with Camplify recording  $6.8m for H1 FY22, a pcp growth of 109% (H1FY22 pcp). This growth saw revenue hit a CAGR  of 117% for the past 3 years H1 FY20 (unaudited), H1 FY21, H1 FY22). With revenue as the focus  Camplify saw take rate remain strong and grow for the period to 29.1% up from 22.9% pcp H1 FY21.

Camplify Holdings Ltd

Comments by CEO Justin Hales

CEO Justin Hales said “Camplify has delivered a strong result in the first half of the year for  FY22 positioning the company to continue our excellent growth trajectory. During this  period travel was challenging due to restrictions placed on consumers as Delta impacted  our key markets, during key holiday periods. Having successfully weathered this storm,  and shown strong growth, Camplify is well positioned with our healthy balance sheet to  continue our objectives. With international travel returning, and more and more  restrictions lifting, Camplify has built into a true player in the RV rental segment in key  markets.”

Strong Net Cash Position

Camplify is in a strong cash position, closing out H1 with $19.3m in cash. Cashflow from  operating activities was ($0.9m) during the period as planned Use of Funds strategies  were implemented, resulting in an increased growth based expenditure. Debt remains  minimal at $0.1m. Camplify is well funded and growing significantly in all key metrics.

Outlook

For the remainder of FY22 Camplify expects the following key drivers in the tourism market;

• COVID-19 will most likely become an endemic in most developed countries due to  high vaccination rates. This will result in the removal of travel restrictions.

• A normal high seasonal swing in the second half of the financial year will be driven  by a desire from consumers to return to travel

• The opening in international borders will present an opportunity for Camplify to  grow its inbound tourism market, in Australia, and New Zealand.

Acquisition Update

During H1 FY22 Camplify announced its first acquisition, with the proposed acquisition of Mighway and SHAREaCAMPER (NZ & AU) from Tourism Holdings Limited (thl). This  proposed acquisition is currently under consideration from the New Zealand Commerce  Commission, with a decision expected in March 2022.