Ocado Investor Day Presentation Deck
Underlying business models - overview
Ocado Retail
(100% consolidated, 50% owned)
Revenues:
pure play online grocery
business to >800k UK customers
Costs:
cost of sales, distribution & fulfilment
costs, marketing and HO costs
incurred to execute online business
Includes recharges of logistics costs
and fees paid to both Ocado
Technology Solutions and Ocado
Logistics for provision of services to
run online grocery platform
Ocado Logistics
Revenues:
rech ge of costs incurred to execute
logistics services for UK retail partners
(Ocado Retail and Morrisons)¹ and fees
for provision of logistics services
Costs:
incurred to execute logistics services
for UK partners (and recharged) and an
allocated share (c.30%) of total Group
Operations costs
Ocado Technology Solutions
Revenues²:
primarily fees from global retail
partners for the provision of OSP
reflecting two key components:
upfront fees recognised as
revenue after CFCs go live
recurring capacity fees
Costs:
incurred to provide and maintain OSP
as well as a full allocation of Group
Technology costs and (c.70%) of
Group Operations costs
Note: (1) Cost recharges and fees from Ocado Logistics to Ocado Retail are eliminated on consolidation (2) also includes revenue from Kindred (£9.6m in FY21)
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