Kasi Kicks Business Plan — Appendix A: Consolidated Financial Summary
Consolidated five-year summary: stores, pairs sold, revenue, gross margin, revenue per square metre, EBITDA and debt cover.
Appendix A: Consolidated Financial Summary
Jump to section
- Overview & contents
- i. Important Notice and Basis of Preparation
- 1. Allocation: What You Are Allowed to Sell
- 2. Executive Summary
- 3. The Size Curve: Where Footwear Margin Is Lost
- 4. The Store and the Channel
- 5. SWOT and Competitive Position
- 6. Organisation and Compliance
- 7. Financial Plan
- 8. Break-Even and Debt Service
- 9. Investment Analysis
- 10. Sensitivity and Scenario Analysis
- 11. Risk Analysis
- 12. Implementation Roadmap
- 13. Key Performance Indicators
- 14. Key Assumptions
- 15. Conclusion and Recommendation
- A. Appendix A: Consolidated Financial Summary
- B. Appendix B: Allocation, Size Curve and Store Schedules
- C. Appendix C: Funding, Debt and Stock Schedules
- D. Appendix D: Risk Register
- E. Appendix E: Glossary
|
R unless stated |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|---|---|---|---|---|---|
|
Stores trading |
1 |
2 |
3 |
4 |
4 |
|
Trading area, m² |
185 |
370 |
555 |
740 |
740 |
|
Pairs sold |
7 252 |
18 349 |
31 712 |
46 118 |
49 239 |
|
Online share of units |
0% |
6% |
11% |
15% |
18% |
|
Realised price a pair |
1 219 |
1 290 |
1 365 |
1 444 |
1 528 |
|
Store revenue |
8 842 462 |
22 250 501 |
38 521 686 |
56 605 478 |
61 685 254 |
|
Total revenue |
8 842 462 |
23 670 746 |
43 282 793 |
66 594 680 |
75 225 919 |
|
Revenue per m², store revenue only |
47 797 |
60 136 |
69 408 |
76 494 |
83 358 |
|
Cost of sales |
(4 702 519) |
(12 635 957) |
(23 192 648) |
(35 818 998) |
(40 614 420) |
|
Gross profit |
4 139 943 |
11 034 789 |
20 090 146 |
30 775 681 |
34 611 499 |
|
Gross margin |
46.8% |
46.6% |
46.4% |
46.2% |
46.0% |
|
Variable selling costs |
(730 992) |
(2 099 412) |
(4 059 312) |
(6 522 170) |
(7 608 260) |
|
Store fixed costs |
(2 381 560) |
(5 048 906) |
(8 027 761) |
(11 345 902) |
(12 026 656) |
|
Central costs |
(2 172 125) |
(2 841 324) |
(3 583 008) |
(4 403 465) |
(4 667 673) |
|
EBITDA |
(1 144 734) |
1 045 146 |
4 420 064 |
8 504 144 |
10 308 910 |
|
EBITDA margin |
-12.9% |
4.4% |
10.2% |
12.8% |
13.7% |
|
Depreciation |
(676 603) |
(939 726) |
(1 080 685) |
(1 221 644) |
(1 221 644) |
|
Finance costs |
(784 718) |
(664 725) |
(528 581) |
(374 112) |
(198 851) |
|
Profit / (loss) before tax |
(3 966 055) |
(559 305) |
2 810 798 |
6 908 388 |
8 888 415 |
|
Taxation |
— |
— |
(151 783) |
(1 250 550) |
(2 399 872) |
|
Profit / (loss) after tax |
(3 966 055) |
(559 305) |
2 659 015 |
5 657 838 |
6 488 543 |
|
Cumulative profit / (deficit) |
(3 966 055) |
(4 525 360) |
(1 866 345) |
3 791 493 |
10 280 036 |
|
Cash generated from operations |
2 588 944 |
(769 488) |
2 209 565 |
5 049 361 |
7 015 117 |
|
Capital deployed |
(6 190 000) |
(1 950 000) |
(1 950 000) |
(1 950 000) |
— |
|
Debt capital repaid |
(891 479) |
(1 011 472) |
(1 147 616) |
(1 302 085) |
(1 477 348) |
|
Facility drawn at year end |
0 |
533 495 |
1 421 546 |
524 270 |
0 |
|
Closing cash |
4 097 465 |
900 000 |
900 000 |
1 800 000 |
6 813 499 |
|
Stock at cost |
1 119 647 |
3 008 561 |
5 522 059 |
8 528 333 |
9 670 100 |
|
Total assets |
11 710 509 |
11 412 232 |
14 795 045 |
19 429 675 |
24 363 297 |
|
Debt and asset finance outstanding |
4 938 521 |
3 927 049 |
2 779 433 |
1 477 348 |
0 |
|
Total equity |
6 333 945 |
5 774 640 |
8 433 655 |
14 091 493 |
20 580 036 |
|
Debt service cover |
-0.68x |
0.62x |
2.64x |
5.07x |
6.15x |
|
Gearing |
43.8% |
43.6% |
33.2% |
12.4% |
0.0% |