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Highlights

  • Cooks Coffee recorded a 27% YoY revenue increase in 1HFY25, reaching NZD 2.74 million.
  • During the reported period, EBITDA turned positive at NZD 0.826 million after a previous loss.
  • The company expanded from 75 to 83 stores by September 2024, with plans to reach 90 stores by March 2025 and a long-term goal of 300 stores in the next decade.

Cooks Coffee Company Limited (NZX:CCC) is a café chain owned and operated by local people. The company is publicly listed on the New Zealand Stock Exchange (NZX:CCC) and the Aquis Exchange in London (AQUIS:COOK).

 In the six-month period ended 30 September 2024 (1HFY25), Cooks Coffee recorded a 27% YoY increase in group revenue, reaching NZD 2.74 million, up from NZD 2.16 million in the previous year. The company's EBITDA for the period improved to NZD 0.826 million, a significant turnaround from the NZD 0.011 million loss recorded in the same period last year.

This improved financial position was supported by an NZD 0.2 million debt reduction, which helped lower interest costs by NZD 0.08 million compared to FY24. The growth was driven primarily by the opening of new franchised stores.

By the end of September 2024, the company had 83 stores across the UK and Ireland, up from 75 stores in March 2024.

This upward trend is expected to continue into the second half of the financial year, with eight additional store openings planned in the UK and two in Ireland by the end of the financial year. By March 2025, the total number of stores is anticipated to reach approximately 90 in the UK and Ireland, with 110 stores across the entire group.

Outlook

The company’s board of directors remain focused on supporting franchisees to drive growth while maintaining a steady pipeline of new store openings in its core markets.

Looking ahead, Cooks Coffee remains committed to its long-term target of operating 300 stores in the UK and Ireland within the next 10 years.

Top 10 shareholders of CCC

The top 10 shareholders of CCC have around 63% shareholding in the company. Jackson (Graeme Keith) and Jiajiayue holdings Group Ltd. have the maximum stake in the firm with a shareholding of nearly 18.86% and 15.60%, respectively.

Share performance of CCC

CCC shares closed at NZD 0.25 per share on 24 March 2025. Over the past year, CCC’s share price has increased by almost 25.63% and in the last three months, it has dropped by around 16.67%.

52-week high of CCC is NZD 0.305, recorded on 12 September 2024 and 52-week low is AUD 0.194, recorded on 21 March 2024.

Resistance and support summary

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 24 March 2025. The reference data in this report has been partly sourced from EODHD/Others.

Technical Indicators Defined:

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.