EstarOnline Ltd

[SCOTTY]

Sellers @ 9c

[axe]

anyone still following / holding this - looks interesting to me ......

[stoploss]

Got them in the bottom drawer . Huge potential , hope they can put it all together.

[SCOTTY]

I received a positive shareholder update from eStar today.

eStar clients which include David Jones, Country Road, Briscoes, Freedom, Bed Bath & Beyond and Rebel to name a few, are enjoying sales well ahead of last year. FY EBIT to 31st March 2021 is expected to be $1.5 - $1.6m: Revenue of $9m. Transaction value across the platform is likely going to be $1.2b.

With a number of eStar client contracts linked to revenue growth and transactions, eStar’s margins have improved.

A case of being in the right sector at the right time.

Their www.estaronline.com web site has recently been updated.

[Joshuatree]

Kindly tell me the ticker and what site its on thanks Scotty.

[nztx]

Kindly tell me the ticker and what site its on thanks Scotty.

UNLISTED Public Company

On the Company's site - Investors page - it looks like an expressions of interest for Buyers / Sellers type of register is operating

[percy]

I received a positive shareholder update from eStar today.

eStar clients which include David Jones, Country Road, Briscoes, Freedom, Bed Bath & Beyond and Rebel to name a few, are enjoying sales well ahead of last year. FY EBIT to 31st March 2021 is expected to be $1.5 - $1.6m: Revenue of $9m. Transaction value across the platform is likely going to be $1.2b.

With a number of eStar client contracts linked to revenue growth and transactions, eStar’s margins have improved.

A case of being in the right sector at the right time.

Their www.estaronline.com web site has recently been updated.

Agree.
Good being in the right sector at the right time.
Very positive.

[SCOTTY]

Blue Illusion Exceeds Online Expectations

This is the headline article on the eStar website news post.

An amazing growth story and well worth a read - www.estaronline.com

[percy]

On figures out today Estar are certainly doing a great job for Briscoes.Briscoes online sales are now 16.3% of revenue.
Interesting too is the fact Briscoes are not the only retailers benefitting from Estar's expertise.

[SCOTTY]

email from eStar today:


Dear Shareholder,



eStar surpassed a significant milestone on Friday 30th October 2020 – transacting just over $1 billion of sales on behalf of our clients in the previous 12 months.



To put this into perspective, 1 year ago that number was $651.5 million. This shows the growth our clients are experiencing, and the powerful capability and scalability of eStar’s eCommerce platform.



In New Zealand, general merchandise and apparel (the industries eStar largely serve) account for $2.1 billion of online sales annually, it is astounding that eStar’s eCommerce platform processed the equivalent of almost half of that total spend.



eStar is truly proud of the team we have, and this result would not be possible without their dedication and drive for excellence. We are delighted of this achievement both for eStar, but also for our clients for the growth and success we are achieving.





Kind regards,

The team at eStar