Half-Yearlies Top 5: Locality Planning Energy is today's top performer

Stockhead has recapped the Top 5 half-yearly results released this morning with the biggest winner being Locality Planning Energy (ASX:LPE).

ASX-listed companies are required to lodge half-yearly results within two months after the end of the first half of their financial year, and for most ASX companies that is the end of this month.

Locality Planning Energy (ASX:LPE)

Shares in the Queensland-based energy retailer rose as high as 35 per cent in early trade.

While its statutory net profit after tax was a modest $0.2 million, this was a sharp turnaround from the $3.3 million loss it made in the first half of FY20.

It made revenues of $24.8 million, 28.2 per cent higher than the first half.

The company also stood by its previous guidance of gaining 10,000 new customers across FY21.

Locality Planning Energy (ASX:LPE) share price chart

IDP Education (ASX:IEL)

The education company, which focuses on international student placements, rose despite many of its metrics declining thanks to international border closures.

Its revenue was down 26 per cent compared to the prior corresponding period and its profit nearly halved – but it still made a profit of approximately $30 million.

The company also reported that trading conditions had begun to improve.

IDP Education (ASX:IEL) share price chart

Calix (ASX:CXL)

The sustainable infrastructure play saw substantial growth throughout most of its metrics.

Calix grew its revenues 151 per cent compared to the prior corresponding period to $9.2 million and an operating profit of $3.06 million – well up from the $0.25 million loss it made in H1 of FY20.

The vast majority of its revenues came from water treatment sales but it said its other divisions (Co2 mitigation and battery materials) would generate revenues soon as it proved their potential through testing.

“Calix is well on its way to building a diverse, sustainable and profitable business,” declared CEO Phil Hodgson.

Calix (ASX:CXL) share price chart

Decmil Group (ASX:DCG)

Decmil is another company that was hitting the skids this time last year thanks to pesky clients but has turned things around.

Its earnings were $5.6 million in positive territory, up from a $19.9 million loss in the first half of FY20, and it made a $0.6 million net profit after tax as opposed to a $31.4 million loss.

Although its revenues fell from $236.9 million to $165.1 million, the company promised stronger revenues would come in the second half and the outlook in the construction sector looked positive.

Decmil Group (ASX:DCG) share price chart

Capitol Health (ASX:CAJ)

The radiology stock saw its revenues hit by Victoria’s COVID-19 lockdowns but was still able to record a $6.2 million net profit thanks to cost control measures.

Its revenues nonetheless came in at $85.3 million, a modest growth of 5.9 per cent to $85.3 million, and the company is paying 0.5 cents per share dividend.

Capitol Health recently completed the acquisition of Direct Radiology and says it will reap dividends as it is gradually integrated into the business.

“The medical imaging industry growth continues to be supported by population growth, an aging population and MBS re-indexation,” it said.

“The company believes it is well placed to grow with our community clinics’ locations and robust defensive bulk-billing revenue remaining the dominant component of revenue for the business.”