Ten Lifestyle Group (LON:TENG) Issues Earnings Results

Key Points

• Quarterly results: Ten reported EPS of GBX 0.40 and revenue of GBX 3,595 million, with a net margin of 3.45% and return on equity of 9.30%.
• Share reaction and valuation: Shares jumped about 12.2% to open at GBX 83 (a 1-year high), giving a market cap of £79.94 million and a PE ratio of 34.58.
• Business model: Ten partners with financial institutions on multi-year, platform-as-a-service contracts to deliver concierge and lifestyle services using proprietary personalization technology and global supplier networks.

Ten Lifestyle Group (LON:TENG - Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 0.40 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ten Lifestyle Group had a net margin of 3.45% and a return on equity of 9.30%. The firm had revenue of GBX 3,595 million for the quarter.

Ten Lifestyle Group Stock Up 12.2%

Shares of Ten Lifestyle Group stock opened at GBX 83 on Wednesday. Ten Lifestyle Group has a 1-year low of GBX 49 and a 1-year high of GBX 83. The company has a market capitalization of £79.94 million, a PE ratio of 34.58 and a beta of 0.82. The company has a debt-to-equity ratio of 34.08, a current ratio of 1.14 and a quick ratio of 0.80. The business has a 50-day moving average of GBX 69.07 and a 200-day moving average of GBX 65.47.

Ten Lifestyle Group Company Profile

Ten Lifestyle Group (‘Ten') partners with financial institutions and other premium brands to attract and retain wealthy and mass affluent customers. Millions of members have access to Ten's services across lifestyle, travel, dining and entertainment on behalf of over fifty clients. Ten's partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees. Ten's operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and over 25 years of proprietary expertise delivered from over 20 global offices.

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