Oatly Group AB ($OTLY) Earnings (Q4 FY21)

Oatly Group AB ($OTLY) Earnings and Opinion:


Oatly Group AB ($OTLY) is a company in the Consumer Defensive sector and operates in the Beverages~Non-Alcoholic industry. The company provides a variety of plant-based dairy products from oats in Sweden. The company recently changed its name last year, but was founded in 1994. The company is currently headquartered in Malmö, Sweden. Oatly made its debut on the stock market in May of 2021.

Oatly Group AB ($OTLY) EPS and Revenue (Q4 FY21):

  • EPS of -$0.13 missing expectations of -$0.11
  • Revenue of $185.93M beating expectations of $178.65M
  • EPS was down 62.5% (YOY) and Revenue was up 46.3% (YOY)
Oatly Group AB ($OTLY) EPS and Revenue (FY21):
  • EPS of -$0.39 missing expectations of -$0.35
  • Revenue of $643.2M beating expectations of $635.99M
  • EPS was down 200% (YOY) and Revenue was up 52.6% (YOY)
Oatly Group AB ($OTLY) FY21 Highlights:
  • Foreign Currency Exchange tailwind of $23.2M
  • Americas revenue increased by 79.8% (YOY)
  • Asia Revenue had an increase of 136.5% (YOY)
Opinion:
Oatly Group AB is currently trading a tad bit higher today as they reported earnings before the market opened this morning. The company reported record revenues over the past fiscal year and look to continue to grow on that. They saw demand for their products grow in the Americas and Asia. I was very shocked to see EPS numbers come in lower than expectations. They have shown dramatic increases in expenses on the income statement over the past year. They could be putting a lot of money into growing and expanding the business, or they could be potentially suffering from the supply chain issues seen globally. The company is fairly new to the stock market and it was a company that saw a hot IPO return to debut its trading on the stock market. They have fallen back down to almost a penny stock since that time. Personally, I do not own or look to own a position in this company. This company had a lot of momentum when it first hit the market, but that momentum has drastically fell off. The company is doing a solid job growing internationally, but needs to do so in a more efficient way (cutting costs). This is a very risky play, so I would suggest staying away from it. 


*Information from Oatly and Yahoo Finance
*Estimates from Zacks


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