Cash flow Duell Oyj

Equities

DUELL

FI4000513072

Auto & Truck Manufacturers

Market Closed - Nasdaq Helsinki Other stock markets 12:00:00 2024-09-13 pm EDT			5-day change	1st Jan Change
0.0350 ^EUR	+0.86%		0.00%	+2.34%

Aug. 05	Duell Oyj commences an Equity Buyback Plan for 253,054,547 shares , under the authorization approved on December 5, 2023.	CI
Aug. 01	Finland's Duell Kicks Off Share Buybacks	MT

05c3437f14a5f04bd67.coFozgO8vth3hEnchj-EuXeIiX2kLedocJSXwbvfcWA.Hskcu2LLx5cSwAqGwmfi1TrF5wmdGZ5fJc2gqeO6Pgw6yAz3M_TXnRHKKg

Published financial data: DUELL OYJ

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2019	2020	2021	2022	2023
Revenues	56.08M	59.43M	76.76M	124M	119M
Total Revenues	56.08M	59.43M	76.76M	124M	119M
Cost of Goods Sold, Total	40.15M	42.17M	54.06M	88.42M	84.24M
Gross Profit	15.93M	17.26M	22.7M	35.58M	34.6M
Selling General & Admin Expenses, Total	4.46M	7.7M	10.1M	17.21M	19.01M
Depreciation & Amortization - (IS)	1.05M	1.13M	1.04M	2.48M	3.27M
Other Operating Expenses	6.48M	4.3M	4.28M	10.98M	11.28M
Other Operating Expenses, Total	11.99M	13.13M	15.42M	30.67M	33.55M
Operating Income	3.94M	4.13M	7.28M	4.9M	1.04M
Interest Expense, Total	-1.88M	-3.14M	-3.64M	-2.99M	-5.04M
Interest And Investment Income	48.61K	44.13K	21.09K	14.72K	25.02K
Net Interest Expenses	-1.83M	-3.1M	-3.62M	-2.97M	-5.02M
Other Non Operating Income (Expenses)	243K	1.18M	913K	1.06M	1.59M
EBT, Excl. Unusual Items	2.35M	2.21M	4.58M	2.99M	-2.39M
EBT, Incl. Unusual Items	2.35M	2.21M	4.58M	2.99M	-2.39M
Income Tax Expense	550K	681K	1.25M	1.06M	438K
Earnings From Continuing Operations	1.8M	1.53M	3.33M	1.93M	-2.83M
Net Income to Company	1.8M	1.53M	3.33M	1.93M	-2.83M
Net Income - (IS)	1.8M	1.53M	3.33M	1.93M	-2.83M
Net Income to Common Incl Extra Items	1.8M	1.53M	3.33M	1.93M	-2.83M
Net Income to Common Excl. Extra Items	1.8M	1.53M	3.33M	1.93M	-2.83M
Per Share Items
Net EPS - Basic	0.42	0.35	0.77	0.08	-0.1
Basic EPS - Continuing Operations	0.42	0.35	0.77	0.08	-0.1
Basic Weighted Average Shares Outstanding	4.31M	4.31M	4.31M	25.45M	27.94M
Net EPS - Diluted	0.42	0.35	0.77	0.08	-0.1
Diluted EPS - Continuing Operations	0.42	0.35	0.77	0.08	-0.1
Diluted Weighted Average Shares Outstanding	4.31M	4.31M	4.31M	25.45M	27.94M
Normalized Basic EPS	0.34	0.32	0.66	0.07	-0.05
Normalized Diluted EPS	0.34	0.32	0.66	0.07	-0.05
Supplemental Items
EBITDA	4.89M	5.17M	8.18M	7.38M	4.31M
EBITA	4.73M	5.01M	8M	7.15M	3.97M
EBIT	3.94M	4.13M	7.28M	4.9M	1.04M
Effective Tax Rate - (Ratio)	23.46	30.85	27.25	35.57	-18.33
Total Current Taxes	497K	684K	1.25M	916K	501K
Total Deferred Taxes	53.45K	-3.3K	-1.54K	149K	-62.54K
Normalized Net Income	1.47M	1.38M	2.86M	1.87M	-1.49M

Fiscal Period: August	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.5M	7.03M	2.81M	4.07M	2.39M
Total Cash And Short Term Investments	3.5M	7.03M	2.81M	4.07M	2.39M
Accounts Receivable, Total	7.05M	6.34M	11.67M	20.31M	15.76M
Other Receivables	640K	114K	1.88M	367K	703K
Notes Receivable	142K	-	-	3.5K	2.8K
Total Receivables	7.83M	6.45M	13.55M	20.68M	16.46M
Inventory	19.39M	20.83M	37.28M	47.88M	49.5M
Prepaid Expenses	-	-	-	849K	988K
Other Current Assets, Total	-	-1	-	3.37M	945K
Total Current Assets	30.73M	34.31M	53.64M	76.84M	70.29M
Gross Property Plant And Equipment	1.23M	1.45M	1.68M	2.24M	2.58M
Accumulated Depreciation	-734K	-896K	-1.08M	-1.3M	-1.73M
Net Property Plant And Equipment	500K	556K	608K	935K	848K
Long-term Investments	29.06K	43.29K	-	-	-
Goodwill	6.45M	5.55M	13.52M	16.37M	21.35M
Other Intangibles, Total	1.34M	1.23M	1.01M	1.32M	3M
Deferred Charges Long-Term	96.38K	232K	357K	-	-
Other Long-Term Assets, Total	-	1	-	-	-
Total Assets	39.14M	41.93M	69.13M	95.47M	95.48M
Liabilities
Accounts Payable, Total	3.54M	2.85M	9.71M	7.59M	12.07M
Accrued Expenses, Total	2.37M	2.96M	3.91M	3.24M	2.92M
Current Portion of Long-Term Debt	1.88M	1.88M	3.6M	3.14M	2.2M
Deferred Tax Liability Current	64.34K	64.32K	62.78K	-	-
Other Current Liabilities	1.35M	2.74M	3.28M	3.98M	9.14M
Total Current Liabilities	9.19M	10.49M	20.56M	17.95M	26.34M
Long-Term Debt	20.92M	20.87M	37.9M	45.5M	32.15M
Deferred Tax Liability Non Current	-	-	-	78.37K	17.45K
Other Non Current Liabilities	3.25M	3.44M	147K	92.82K	96.87K
Total Liabilities	33.36M	34.81M	58.61M	63.62M	58.6M
Common Stock, Total	2.5K	2.5K	2.5K	80K	80K
Retained Earnings	1.53M	2.81M	6.14M	7.54M	3.92M
Comprehensive Income and Other	4.24M	4.31M	4.38M	24.23M	32.89M
Total Common Equity	5.77M	7.12M	10.52M	31.85M	36.88M
Total Equity	5.77M	7.12M	10.52M	31.85M	36.88M
Total Liabilities And Equity	39.14M	41.93M	69.13M	95.47M	95.48M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.31M	4.31M	4.31M	25.45M	30.55M
ECS Total Common Shares Outstanding	4.31M	4.31M	4.31M	25.45M	30.55M
Book Value / Share	1.34	1.65	2.44	1.25	1.21
Tangible Book Value	-2.01M	335K	-4M	14.16M	12.53M
Tangible Book Value Per Share	-0.47	0.08	-0.93	0.56	0.41
Total Debt	22.8M	22.75M	41.5M	48.64M	34.35M
Net Debt	19.29M	15.72M	38.68M	44.57M	31.96M
Account Code - Inventory Valuation	5	5	-	5	5
Inventories - Finished Goods, Total	15.84M	20.44M	34.9M	-	-
Inventories - Others	3.56M	390K	2.38M	-	-
Machinery, Total	1.23M	1.45M	1.68M	2.24M	2.58M
Full Time Employees	85	103	168	232	238

Fiscal Period: August	2019	2020	2021	2022	2023
Net Income	1.8M	1.53M	3.33M	1.93M	-2.83M
Depreciation & Amortization - CF	155K	157K	179K	230K	332K
Amortization of Goodwill and Intangible Assets - (CF)	796K	881K	723K	2.25M	2.93M
Depreciation & Amortization, Total	951K	1.04M	902K	2.48M	3.27M
Amortization of Deferred Charges, Total - (CF)	102K	95.1K	138K	-	-
Other Operating Activities, Total	1.82M	1.53M	1.68M	-575K	580K
Change in Other Net Operating Assets	-1.76M	647K	-5.93M	-10.36M	13.37M
Cash from Operations	2.92M	4.84M	120K	-6.53M	14.39M
Capital Expenditure	-1.63M	-486K	-398K	-915K	-2.48M
Cash Acquisitions	-1.54M	-	-15.53M	-11.59M	-6.94M
Other Investing Activities, Total	-	-	-	-	1
Cash from Investing	-3.16M	-486K	-15.93M	-12.5M	-9.42M
Long-Term Debt Issued, Total	40K	-	23.4M	10M	-
Total Debt Issued	40K	-	23.4M	10M	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-625K	-1.25M	-14.4M	-16.66M	-2.67M
Total Debt Repaid	-625K	-1.25M	-14.4M	-16.66M	-2.67M
Issuance of Common Stock	60K	-	-	20M	8.65M
Other Financing Activities, Total	-	-	2.44M	7.54M	-10.89M
Cash from Financing	-525K	-1.25M	11.45M	20.88M	-4.9M
Foreign Exchange Rate Adjustments	-72.77K	429K	144K	-596K	-1.75M
Miscellaneous Cash Flow Adjustments	-	-	-	1	-
Net Change in Cash	-844K	3.53M	-4.22M	1.25M	-1.68M
Supplemental Items
Cash Interest Paid	-	-	768K	134K	-
Cash Income Tax Paid (Refund)	553K	361K	1.11M	1.02M	549K
Levered Free Cash Flow	-216K	2.5M	-12.23M	-21.28M	12.49M
Unlevered Free Cash Flow	961K	4.47M	-9.96M	-19.41M	15.64M
Change In Net Working Capital	926K	-1.24M	15.15M	24.04M	-14.21M
Net Debt Issued / Repaid	-585K	-1.25M	9M	-6.66M	-2.67M

Fiscal Period: August	2019	2020	2021	2022	2023
Profitability
Return on Assets	6.53	6.37	8.2	3.72	0.68
Return on Total Capital	8.78	8.83	11.12	4.63	0.86
Return On Equity %	36.78	23.68	37.77	9.1	-8.23
Return on Common Equity	36.78	23.68	37.77	9.1	-8.23
Margin Analysis
Gross Profit Margin %	28.41	29.05	29.57	28.69	29.11
SG&A Margin	7.95	12.96	13.15	13.88	16
EBITDA Margin %	8.71	8.69	10.66	5.95	3.62
EBITA Margin %	8.44	8.43	10.43	5.77	3.34
EBIT Margin %	7.02	6.95	9.49	3.96	0.88
Income From Continuing Operations Margin %	3.2	2.57	4.34	1.56	-2.38
Net Income Margin %	3.2	2.57	4.34	1.56	-2.38
Net Avail. For Common Margin %	3.2	2.57	4.34	1.56	-2.38
Normalized Net Income Margin	2.61	2.32	3.73	1.51	-1.26
Levered Free Cash Flow Margin	-0.38	4.21	-15.94	-17.16	10.51
Unlevered Free Cash Flow Margin	1.71	7.51	-12.98	-15.66	13.16
Asset Turnover
Asset Turnover	1.49	1.47	1.38	1.51	1.24
Fixed Assets Turnover	127.68	112.57	131.88	160.7	133.24
Receivables Turnover (Average Receivables)	7.93	8.88	8.52	7.76	6.59
Inventory Turnover (Average Inventory)	2.28	2.1	1.86	2.14	1.73
Short Term Liquidity
Current Ratio	3.34	3.27	2.61	4.28	2.67
Quick Ratio	1.22	1.29	0.8	1.38	0.72
Operating Cash Flow to Current Liabilities	0.32	0.46	0.01	-0.36	0.55
Days Sales Outstanding (Average Receivables)	46.06	41.23	42.82	47.06	55.39
Days Outstanding Inventory (Average Inventory)	160.33	174.54	196.18	170.87	210.98
Average Days Payable Outstanding	20.91	26.8	32.5	31.14	41.8
Cash Conversion Cycle (Average Days)	185.48	188.96	206.49	186.79	224.56
Long Term Solvency
Total Debt/Equity	394.95	319.44	394.48	152.69	93.12
Total Debt / Total Capital	79.8	76.16	79.78	60.43	48.22
LT Debt/Equity	362.46	293.11	360.3	142.83	87.16
Long-Term Debt / Total Capital	73.23	69.88	72.86	56.53	45.13
Total Liabilities / Total Assets	85.25	83.02	84.78	66.63	61.37
EBIT / Interest Expense	2.09	1.31	2	1.64	0.21
EBITDA / Interest Expense	2.6	1.64	2.25	2.47	0.85
(EBITDA - Capex) / Interest Expense	1.73	1.49	2.14	2.16	0.36
Total Debt / EBITDA	4.66	4.4	5.07	6.59	7.98
Net Debt / EBITDA	3.95	3.04	4.73	6.04	7.42
Total Debt / (EBITDA - Capex)	6.99	4.86	5.33	7.52	18.81
Net Debt / (EBITDA - Capex)	5.92	3.36	4.97	6.89	17.51
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	5.98	29.15	61.54	-4.16
Gross Profit, 1 Yr. Growth %	-	9.51	31.49	56.72	-2.76
EBITDA, 1 Yr. Growth %	-	3.53	55.56	-11.28	-41.67
EBITA, 1 Yr. Growth %	-26.29M	3.6	56.82	-12.15	-44.44
EBIT, 1 Yr. Growth %	-21.87M	4.89	76.38	-32.65	-78.77
Earnings From Cont. Operations, 1 Yr. Growth %	-840.86	-14.97	118.25	-42.12	-246.62
Net Income, 1 Yr. Growth %	-840.86	-14.97	118.25	-42.12	-246.62
Normalized Net Income, 1 Yr. Growth %	-1.07K	-5.87	107.44	-34.64	-179.83
Diluted EPS Before Extra, 1 Yr. Growth %	-	-14.97	118.25	-90.19	-233.59
Accounts Receivable, 1 Yr. Growth %	-0.76	-10.06	84.07	74.01	-22.4
Inventory, 1 Yr. Growth %	22.12	7.39	79.01	37.19	3.39
Net Property, Plant and Equip., 1 Yr. Growth %	31.91	11.33	9.26	53.9	-9.31
Total Assets, 1 Yr. Growth %	8.25	7.14	64.88	38.1	0.02
Tangible Book Value, 1 Yr. Growth %	-29.8	-116.64	-1.29K	-424.76	-11.47
Common Equity, 1 Yr. Growth %	44.66	23.38	47.72	202.8	15.79
Cash From Operations, 1 Yr. Growth %	-1.03K	65.84	-97.52	-5.54K	-320.46
Capital Expenditures, 1 Yr. Growth %	-	-70.15	-18	129.75	171.21
Levered Free Cash Flow, 1 Yr. Growth %	-	-1.26K	-597.6	73.06	-158.68
Unlevered Free Cash Flow, 1 Yr. Growth %	-	364.83	-325.21	93.65	-180.57
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	16.99	44.44	24.43
Gross Profit, 2 Yr. CAGR %	-	-	20	43.55	23.45
EBITDA, 2 Yr. CAGR %	-	-	28.07	18.46	-28.06
EBITA, 2 Yr. CAGR %	-	52.65K	28.67	18.38	-30.14
EBIT, 2 Yr. CAGR %	-	47.79K	36.02	8.99	-62.19
Earnings From Cont. Operations, 2 Yr. CAGR %	-	150.99	36.23	12.39	-7.88
Net Income, 2 Yr. CAGR %	-	150.99	36.23	12.39	-7.88
Normalized Net Income, 2 Yr. CAGR %	-	201.84	39.73	16.44	-27.77
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	36.23	-53.74	-63.81
Accounts Receivable, 2 Yr. CAGR %	-	-5.53	28.67	78.97	16.2
Inventory, 2 Yr. CAGR %	-	14.52	38.65	51.63	19.1
Net Property, Plant and Equip., 2 Yr. CAGR %	-	21.18	10.29	29.68	18.14
Total Assets, 2 Yr. CAGR %	-	7.69	32.91	50.89	17.52
Tangible Book Value, 2 Yr. CAGR %	-	-65.82	40.97	549.95	69.56
Common Equity, 2 Yr. CAGR %	-	33.6	35	111.49	87.25
Cash From Operations, 2 Yr. CAGR %	-	292.71	-79.72	16.19	995.24
Capital Expenditures, 2 Yr. CAGR %	-	-	-50.52	37.26	149.62
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	652.73	194.2	0.78
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	221.98	109.49	24.91
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	30.28	25.98
Gross Profit, 3 Yr. CAGR %	-	-	-	31.17	26.08
EBITDA, 3 Yr. CAGR %	-	-	-	13.95	-6.46
EBITA, 3 Yr. CAGR %	-	-	7.53K	13.95	-8
EBIT, 3 Yr. CAGR %	-	-	7.3K	7.6	-36.82
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	139.57	2.41	22.81
Net Income, 3 Yr. CAGR %	-	-	139.57	2.41	22.81
Normalized Net Income, 3 Yr. CAGR %	-	-	166.37	8.47	2.67
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-43.33	-34.12
Accounts Receivable, 3 Yr. CAGR %	-	-	18	42.29	35.46
Inventory, 3 Yr. CAGR %	-	-	32.91	35.16	33.46
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	17.07	23.24	15.11
Total Assets, 3 Yr. CAGR %	-	-	24.12	34.62	31.56
Tangible Book Value, 3 Yr. CAGR %	-	-	11.74	91.56	234.41
Common Equity, 3 Yr. CAGR %	-	-	38.15	76.72	73.02
Cash From Operations, 3 Yr. CAGR %	-	-	-27.4	30.82	43.84
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-17.46	72.24
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	361.92	71.9
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	172.36	52.35
Compound Annual Growth Rate Over Five Years
EBITA, 5 Yr. CAGR %	-	-	-	-	1.07K
EBIT, 5 Yr. CAGR %	-	-	-	-	796.27
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	63.45
Net Income, 5 Yr. CAGR %