GBA Presents: House of Gummy-!

Super confusing. Sorry my head is somewhat scrambled this AM-- I'll just pray.

On Holding Non-GAAP EPS of -CHF 0.05, revenue of CHF 447.1M; initiates Q1 and FY24 guidance
Mar. 12, 2024 6:25 AM ETOn Holding AG (ONON) Stock
  • On Holding press release(NYSE:ONON): Q4 Non-GAAP EPS of -CHF 0.05.
  • Revenue of CHF 447.1M (+21.9% Y/Y) and over 31% on a constant currency basis.
  • Adjusted EBITDA increased 16.3% to CHF 71.9 million from CHF 61.8 million.
  • Cash and cashequivalents increased by 33.3% to CHF 494.6 million from CHF 371.0 million; and
  • Net working capital was CHF 496.2 million as of December 31, 2023, which reflects an increase of 8.1% compared to December 31, 2022.
  • For the first quarter of 2024specifically, taking into account the lapsing of a strong wholesale quarter in the first quarter of 2023, On expects an increased DTC share and to achieve a constant currency net sales growth rate of 26%. At current spot rates, this implies expected reported net sales in the first quarter 2024 of CHF 495 million.

  • For 2024, On anticipates a full year gross profit margin of approximately 60%, in line with the previously announced mid-term target.

    Supported by the strong gross profit margin, On expects to take the next step towards its mid-term target to reach an adjusted EBITDA margin of 18%+. In 2024, On anticipates to achieve a full year adjusted EBITDA margin in the range of 16.0 - 16.5%.
 
stonedinvestor said:
WATCH->

OCUL Ocular Therapeutix, Inc.// No promises but...
we do own 1,000-!!!!!
$6.50 0.12 (+1.80%)
More...



Up 150% in 6 months I think we sell today.//// Looking slightly down with 2 upgrades.....

OCUL Ocular Therapeutix, Inc.-- Sell mid day.

$9.73-0.25(-2.51%)4:00 PM 03/11/24
NASDAQ |$USD |Pre-Market:$9.55-0.18(-1.85%)7:44 AM
 
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