Joyce Corp Ltd
About
Joyce Corp. Ltd. engages in operating retail kitchen and wardrobe stores. It operates through the following business segments: Retail Kitchen and Wardrobe Showrooms, Retail Bedding-Franchise Operation, and Retail Bedding Stores-Company-Owned. The company was founded in 1886 is headquartered in Perth, Australia.
Growth
Joyce Corporation is a rapidly growing ASX-listed company that operates and invests in well-established Australian businesses with significant organic growth potential. The company has shown consistent performance and achieved impressive results in a challenging economic environment with high interest rates and rising living costs. Joyce Group reported steady revenue of $145.5 million for the financial year ending June 30, 2024, with a robust EBITDA of $32.0 million, reflecting a 3% increase. The company remains debt-free and closed the year with a net cash balance of $39.1 million.
Achievements
Key milestones for Joyce Corporation include achieving record-breaking revenue and profits, with a Group NPAT of $17.5 million, up 7% from the previous year. The company's NPAT attributable to shareholders increased to $8.9 million. KWB Group, a subsidiary of Joyce Corporation, experienced upward growth, reaching record-breaking EBIT of $25.2 million, with revenue of $121.3 million. Bedshed demonstrated resilience with improved revenue and EBIT margins. Crave, the company's newest business offering, approached break-even on an EBITDA basis.
Case Studies
Notable case studies for Joyce Corporation include the successful growth and performance of its subsidiary, KWB Group, which operates Kitchen Connection and Wallspan showrooms across multiple states. The company's brand, Bedshed, has maintained its position as a recognizable name in the industry, expanding its franchise network and e-commerce offerings. Crave, as the newest business offering, aims to transform houses for sale into appealing homes, supporting property sellers and real estate agents.
Socials
Website
Founded
-
Operating Status
Active
Industry
Retail/Wholesale
headquarters
Address
Osborne Park 30-32 Guthrie Street Perth Western Australia (WA) 6017 Australia...
Country
Australia
Employees
-
Key People
Travis McKenzie (Non-Executive Director)
Jeremy David Kirkwood (Chairman)
Tim Allison (Chief Financial Officer & Co-Secretary)
Revenue
145.51 M
Operating Income
Stock Price
$4.38
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Joyce Corp Ltd
-
Website
-
Founded
-
-
Industry
Retail/Wholesale
-
Address
Osborne Park 30-32 Guthrie Street Perth Western Australia (WA) 6017 Australia...
-
Country
Australia
-
Number of employees
-+
-
Revenue
145.51 M
About Joyce Corp Ltd
Joyce Corp. Ltd. engages in operating retail kitchen and wardrobe stores. It operates through the following business segments: Retail Kitchen and Wardrobe Showrooms, Retail Bedding-Franchise Operation, and Retail Bedding Stores-Company-Owned. The company was founded in 1886 is headquartered in Perth, Australia.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
