Coastal Contacts Inc. (COA) - Financial and Strategic SWOT Analysis
Review
Reference Code: GDRT58832FSA Publication Date: JUL 2012
Suite 320, 2985 Virtual Way Phone +1 604 6691555 Revenue 184.10 (million CAD)
Vancouver, BC Fax +1 604 6696855 Net Profit -4.70 (million CAD)
V5M 4X7 Website www.coastalcontacts.com Employees 616
COA [Toronto Stock
Canada Exchange Industry Retailing
Exchange]
Company Overview
Coastal Contacts Inc. (Coastal Contacts) is an online retailer that sells contact lenses, eyeglasses, sunglasses and vision care
accessories. The company offers a wide range of product portfolio including contact lenses, glasses, sunglasses, solutions and
accessories. Its contact lenses comprise daily wear, colour lenses, weekly wear and monthly wear contact lenses. The glasses
are available in different shapes made up of metal, titanium, stainless steel and plastics. Coastal Contacts caters to customers in
Europe, North America and Asia-Pacific through its network of distribution, manufacturing and business facilities.
Key Executives SWOT Analysis
Name Title Coastal Contacts Inc., SWOT Analysis
Roger V. Hardy Chairman Strengths Weaknesses
Murray McBride Director
Strong Customer Reorder Rate Dependence on Few Suppliers
Michaela Tokarski Director
Strong Market Presence Dependence on Internet
Jeffrey Mason Director
Tushar Shah Director
Source: Annual Report, Company Website, Primary and Secondary
Opportunities Threats
Research, GlobalData
Increasing Demand for Vision Disruption in its Distribution
Share Data Care Products Facilities
Coastal Contacts Inc.
Inclusion of New Brands Increasing Incidents of Fraud
Share Price (CAD) as on 29-Jun- 3.05
2012
Source: Annual Report, Company Website, Primary and Secondary Research,
EPS (CAD) -0.08 GlobalData
Market Cap (million CAD) 166
Enterprise Value (million CAD) 160
Shares Outstanding (million) 57
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Financial Performance Recent Developments
Jun 14, 2012 Coastal Contacts Reports Revenue Of
CAD48.2m In Q2 Fiscal 2012
Jan 17, 2012 Coastal Contacts Names Greg Lechner As
Vice President, Business Development, US
Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Coastal Contacts Inc. (COA) - Financial and Strategic SWOT Reference Code: GDRT58832FSA
Analysis Review
Source : www.globalcompanyintelligence.com Page 1
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Table of Contents
Table of Contents ............................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................. 4
List of Figures ................................................................................................................................................................................. 4
Section 1 - About the Company.......................................................................................................................................................... 5
Coastal Contacts Inc. - Key Facts ...................................................................................................................................................... 5
Coastal Contacts Inc. - Key Employees ............................................................................................................................................. 6
Coastal Contacts Inc. - Key Employee Biographies ........................................................................................................................... 7
Coastal Contacts Inc. - Major Products and Services ........................................................................................................................ 8
Coastal Contacts Inc. – History .......................................................................................................................................................... 9
Coastal Contacts Inc. - Company Statement.................................................................................................................................... 11
Coastal Contacts Inc. - Locations And Subsidiaries ......................................................................................................................... 12
Head Office ................................................................................................................................................................................... 12
Other Locations & Subsidiaries ..................................................................................................................................................... 12
Section 2 – Company Analysis ......................................................................................................................................................... 13
Coastal Contacts Inc. - Business Description ................................................................................................................................... 13
Coastal Contacts Inc. - Corporate Strategy ...................................................................................................................................... 14
Coastal Contacts Inc. - SWOT Analysis ........................................................................................................................................... 15
SWOT Analysis - Overview........................................................................................................................................................... 15
Coastal Contacts Inc. - Strengths ................................................................................................................................................. 15
Strength - Strong Customer Reorder Rate ................................................................................................................................ 15
Strength - Strong Market Presence ........................................................................................................................................... 15
Coastal Contacts Inc. - Weaknesses ............................................................................................................................................ 15
Weakness - Dependence on Few Suppliers ............................................................................................................................. 15
Weakness - Dependence on Internet ........................................................................................................................................ 15
Weakness - Declining Liquidity ................................................................................................................................................. 15
Coastal Contacts Inc. - Opportunities ........................................................................................................................................... 16
Opportunity - Increasing Demand for Vision Care Products ...................................................................................................... 16
Opportunity - Inclusion of New Brands ...................................................................................................................................... 16
Opportunity - Market Penetration .............................................................................................................................................. 16
Coastal Contacts Inc. - Threats .................................................................................................................................................... 16
Threat - Disruption in its Distribution Facilities .......................................................................................................................... 16
Threat - Increasing Incidents of Fraud....................................................................................................................................... 16
Threat - Competitive Market ...................................................................................................................................................... 17
Coastal Contacts Inc. - Key Competitors .......................................................................................................................................... 18
Section 3 – Company Financial Ratios ............................................................................................................................................. 19
Financial Ratios - Capital Market Ratios........................................................................................................................................... 19
Financial Ratios - Annual Ratios ...................................................................................................................................................... 19
Performance Chart ........................................................................................................................................................................... 21
Financial Performance...................................................................................................................................................................... 21
Financial Ratios - Interim Ratios....................................................................................................................................................... 22
Financial Ratios - Ratio Charts ......................................................................................................................................................... 23
Coastal Contacts Inc., Recent Deals Summary................................................................................................................................ 24
Section 4 – Company’s Recent Developments .........................................