Warpaint London PLC
OTC:WPNTF

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Warpaint London PLC Logo
Warpaint London PLC
OTC:WPNTF
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Price: 2.99 USD Market Closed
Market Cap: $232.1m

Warpaint London PLC
Investor Relations

Warpaint London PLC is a beauty company that makes and sells color cosmetics, mainly makeup products such as lip, eye, face, and nail items. Its best-known brands are W7 and Technic, which are sold through retailers, distributors, and online channels in the UK and overseas. The company focuses on affordable cosmetics that can be stocked in many types of stores, from mass-market chains to independent shops. The business makes money by designing products, sourcing them from third-party manufacturers, and then selling finished goods under its own brand names. Its main customers are retailers, wholesale distributors, and online sellers that buy in bulk and resell to end consumers. Warpaint sits in the middle of the beauty supply chain: it does not run a large manufacturing network itself, but instead builds branded products and uses outside production partners to keep the business flexible. What makes the model distinctive is its focus on value-priced makeup with broad appeal rather than high-end prestige beauty. That lets Warpaint compete on brand recognition, product range, and shelf-friendly pricing instead of salon services or heavy manufacturing. In simple terms, it is a branded cosmetics seller that turns product design and sourcing into recurring wholesale sales.

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Last Earnings Call
Fiscal Period
Q1 2022
Call Date
Apr 26, 2022
AI Summary
Q1 2022

Record Revenue: Warpaint London achieved record revenue of £50 million in 2021, up 24% year-over-year and surpassing pre-pandemic 2019 levels.

Margin Expansion: Gross margin improved to 33.8%, up 2.7 percentage points from the prior year, despite significant freight cost headwinds.

Strong Profitability: Adjusted profit reached £6.9 million and adjusted EPS was 7.8p, with management expressing confidence in further growth.

Dividend Growth: Total dividend for the year increased to 6p, continuing the company's progressive dividend strategy.

Robust Q1 2022: First quarter 2022 sales were up approximately 60% over Q1 2021 and more than 30% over Q1 2019.

International Expansion: Major growth in key retailers like Tesco, Boots, Wilko, as well as expansion in the U.S. and China.

Online Sales Surge: E-commerce revenue grew 159% year-over-year in 2021 and continued momentum into 2022.

Key Financials
Revenue
£50 million
Gross Margin
33.8%
Adjusted Profit
£6.9 million
Adjusted EPS
7.8p
Dividend
6p
Cash
£4.1 million
Online Sales Growth
159% year-over-year
Q1 2022 Sales Growth
up approximately 60% over Q1 2021; up over 30% versus Q1 2019
Other Earnings Calls
2022

Management

Mr. Samuel Bazini
CEO & Executive Director
No Bio Available
Mr. Neil Simon Rodol
CFO & Executive Director
No Bio Available
Ms. Sally Ann Craig
Company Secretary, General Counsel & Executive Director
No Bio Available
Mr. Eoin Alan MacLeod
MD & Executive Director
No Bio Available
Mr. Paul George Hagon
Executive Director
No Bio Available

Contacts

Address
BUCKINGHAMSHIRE
Iver
UNITS B&C ORBITAL FORTY SIX THE RIDGEWAY TRADING ESTATE
Contacts