Cash flow GQG Partners Inc.

Equities

GQG

AU0000180499

Investment Management & Fund Operators

Market Closed - Australian S.E. Other stock markets 12:10:13 2025-01-24 am EST			5-day change	1st Jan Change
2.050 ^AUD	+0.99%		+6.49%	-0.97%

Jan. 07	GQG Partners' Funds Under Management Up to $153 Billion in December; Shares Fall 7%	MT
Dec. 11	Adani Allegations Have Short-Term Impact on GQG Partners' Inflows, Strong Recovery Expected in December, Jarden Research Says	MT

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Published financial data: GQG PARTNERS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023
Revenues	228M	398M	437M	518M
Total Revenues	228M	398M	437M	518M
Cost of Goods Sold, Total	39.31M	52.89M	71.66M	93.03M
Gross Profit	188M	345M	365M	425M
Selling General & Admin Expenses, Total	18.97M	21.62M	33.02M	40.19M
Other Operating Expenses, Total	18.97M	21.62M	33.02M	40.19M
Operating Income	169M	323M	332M	384M
Interest And Investment Income	268K	-	-	-
Net Interest Expenses	268K	-	-	-
Other Non Operating Income (Expenses)	-	-438K	-90K	512K
EBT, Excl. Unusual Items	170M	323M	332M	385M
Gain (Loss) On Sale Of Investments	-	740K	-456K	1.98M
EBT, Incl. Unusual Items	170M	324M	332M	387M
Income Tax Expense	1.63M	18.87M	93.65M	104M
Earnings From Continuing Operations	168M	305M	238M	283M
Net Income to Company	168M	305M	238M	283M
Net Income - (IS)	168M	305M	238M	283M
Preferred Dividend and Other Adjustments	-	258M	4.39M	4.16M
Net Income to Common Incl Extra Items	168M	46.44M	234M	278M
Net Income to Common Excl. Extra Items	168M	46.44M	234M	278M
Per Share Items
Net EPS - Basic	3.36	0.02	0.08	0.1
Basic EPS - Continuing Operations	3.36	0.02	0.08	0.1
Basic Weighted Average Shares Outstanding	50M	2.91B	2.91B	2.91B
Net EPS - Diluted	3.36	0.02	0.08	0.1
Diluted EPS - Continuing Operations	3.36	0.02	0.08	0.1
Diluted Weighted Average Shares Outstanding	50M	2.95B	2.95B	2.95B
Normalized Basic EPS	2.12	0.07	0.07	0.08
Normalized Diluted EPS	2.12	0.07	0.07	0.08
Dividend Per Share	-	0.02	0.08	0.09
Payout Ratio	80.78	84.43	117.03	87.79
American Depositary Receipts Ratio (ADR)	1	1	1	1
Supplemental Items
EBITDA	169M	324M	332M	385M
EBITA	169M	323M	332M	384M
EBIT	169M	323M	332M	384M
EBITDAR	171M	-	-	-
Total Revenues (As Reported)	228M	398M	437M	518M
Effective Tax Rate - (Ratio)	0.96	5.83	28.24	26.97
Current Domestic Taxes	-	15.45M	-	-
Total Current Taxes	-	15.45M	75.97M	85.77M
Deferred Domestic Taxes	-	3.42M	17.68M	18.57M
Total Deferred Taxes	-	3.42M	17.68M	18.57M
Normalized Net Income	106M	202M	208M	241M
Supplemental Operating Expense Items
Marketing Expenses	837K	-	-	-
Selling and Marketing Expenses	6.46M	-	-	-
General and Administrative Expenses	7.44M	21.62M	33.02M	40.19M
Net Rental Expense, Total	1.54M	-	-	-
Stock-Based Comp., COGS (Total)	-	800K	3.84M	3.18M
Stock-Based Comp., Other (Total)	-	131K	-	-
Total Stock-Based Compensation	-	931K	3.84M	3.18M

Fiscal Period: December	2020	2021	2022	2023
Assets
Cash And Equivalents	17.75M	56.79M	19.48M	64.94M
Total Cash And Short Term Investments	17.75M	56.79M	19.48M	64.94M
Accounts Receivable, Total	50.38M	69.21M	72.5M	85.88M
Total Receivables	50.38M	69.21M	72.5M	85.88M
Prepaid Expenses	-	2.45M	3.49M	5.45M
Other Current Assets, Total	1.34M	-	-	-
Total Current Assets	69.47M	128M	95.47M	156M
Gross Property Plant And Equipment	1.1M	3.94M	11.75M	19.62M
Accumulated Depreciation	-551K	-721K	-1.05M	-1.48M
Net Property Plant And Equipment	546K	3.22M	10.7M	18.14M
Long-term Investments	3.67M	8.48M	11.84M	14.81M
Deferred Tax Assets Long-Term	-	235M	217M	198M
Other Long-Term Assets, Total	443K	1.19M	7.12M	2.02M
Total Assets	74.14M	376M	342M	390M
Liabilities
Accounts Payable, Total	6.44M	5.86M	6.59M	6.58M
Accrued Expenses, Total	4.75M	4.61M	11.42M	9.16M
Current Income Taxes Payable	-	14.45M	135K	3.22M
Other Current Liabilities	510K	58.01M	-	-
Total Current Liabilities	11.7M	82.93M	18.15M	18.95M
Long-Term Leases	-	2.15M	10.68M	19.22M
Other Non Current Liabilities	-	-	1.05M	1.79M
Total Liabilities	11.7M	85.08M	29.88M	39.96M
Common Stock, Total	62.44M	2.95M	2.95M	2.95M
Additional Paid In Capital	-	241M	245M	248M
Retained Earnings	-	46.44M	63.93M	98.41M
Total Common Equity	62.44M	291M	312M	350M
Total Equity	62.44M	291M	312M	350M
Total Liabilities And Equity	74.14M	376M	342M	390M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	50M	2.95B	2.95B	2.95B
ECS Total Common Shares Outstanding	50M	2.95B	2.95B	2.95B
Book Value / Share	1.25	0.1	0.11	0.12
Tangible Book Value	62.44M	291M	312M	350M
Tangible Book Value Per Share	1.25	0.1	0.11	0.12
Tangible Book Value Per Share (As Reported)	-	0.02	0.03	0.05
Total Debt	0	2.15M	10.68M	19.22M
Net Debt	-17.75M	-54.64M	-8.8M	-45.72M
Debt Equivalent Oper. Leases	12.31M	-	-	-
Equity Method Investments, Total	1.35M	-	-	-
Account Code - Inventory Valuation	3	3	3	3
Machinery, Total	206K	1.02M	1.02M	1.36M
Full Time Employees	-	-	154	189

Fiscal Period: December	2020	2021	2022	2023
Net Income	168M	305M	238M	283M
Depreciation & Amortization - CF	196K	170K	328K	430K
Depreciation & Amortization, Total	196K	170K	328K	430K
(Gain) Loss on Sale of Investments - (CF)	-268K	-740K	456K	-1.98M
Stock-Based Compensation (CF)	-	931K	3.84M	3.18M
Other Operating Activities, Total	-	3.65M	18.11M	19.64M
Change In Accounts Payable	2.45M	-582K	733K	-14K
Change In Income Taxes	-	14.45M	-14.32M	3.09M
Change in Other Net Operating Assets	-26.45M	-21.44M	-1.79M	-11.7M
Cash from Operations	144M	301M	245M	295M
Capital Expenditure	-	-817K	-	-684K
Other Investing Activities, Total	-3.08M	-4.06M	-3.52M	-699K
Cash from Investing	-3.08M	-4.88M	-3.52M	-1.38M
Issuance of Common Stock	-	890M	-	-
Repurchase of Common Stock	-	-865M	-	-217K
Common Dividends Paid	-136M	-257M	-278M	-248M
Common & Preferred Stock Dividends Paid	-136M	-257M	-278M	-248M
Other Financing Activities, Total	-	-24.71M	-	-
Cash from Financing	-136M	-257M	-278M	-248M
Net Change in Cash	5.12M	39.03M	-36.69M	45.52M
Supplemental Items
Cash Income Tax Paid (Refund)	1.17M	2.78M	95.29M	77.64M
Levered Free Cash Flow	-	254M	143M	229M
Unlevered Free Cash Flow	-	254M	143M	229M
Change In Net Working Capital	-	-51.29M	69.12M	14.53M

Fiscal Period: December	2020	2021	2022	2023
Profitability
Return on Assets	-	89.85	57.84	65.68
Return on Total Capital	-	113.77	67.43	69.48
Return On Equity %	-	172.63	78.94	85.4
Return on Common Equity	-	26.3	77.48	84.14
Margin Analysis
Gross Profit Margin %	82.73	86.71	83.59	82.03
SG&A Margin	8.34	5.43	7.56	7.76
EBITDA Margin %	74.48	81.32	76.11	74.34
EBITA Margin %	74.39	81.28	76.03	74.26
EBIT Margin %	74.39	81.28	76.03	74.26
Income From Continuing Operations Margin %	73.79	76.61	54.47	54.58
Net Income Margin %	73.79	76.61	54.47	54.58
Net Avail. For Common Margin %	73.79	11.67	53.47	53.78
Normalized Net Income Margin	46.57	50.73	47.51	46.48
Levered Free Cash Flow Margin	-	63.76	32.65	44.17
Unlevered Free Cash Flow Margin	-	63.76	32.65	44.17
Asset Turnover
Asset Turnover	-	1.77	1.22	1.42
Fixed Assets Turnover	-	211.33	62.78	35.9
Receivables Turnover (Average Receivables)	-	6.65	6.16	6.54
Short Term Liquidity
Current Ratio	5.94	1.55	5.26	8.24
Quick Ratio	5.82	1.52	5.07	7.96
Operating Cash Flow to Current Liabilities	12.3	3.63	13.52	15.57
Days Sales Outstanding (Average Receivables)	-	54.85	59.21	55.85
Average Days Payable Outstanding	-	42.43	31.7	25.83
Long Term Solvency
Total Debt/Equity	-	0.74	3.42	5.5
Total Debt / Total Capital	-	0.73	3.31	5.21
LT Debt/Equity	-	0.74	3.42	5.5
Long-Term Debt / Total Capital	-	0.73	3.31	5.21
Total Liabilities / Total Assets	15.78	22.64	8.74	10.26
Total Debt / EBITDA	-	0.01	0.03	0.05
Net Debt / EBITDA	-0.1	-0.17	-0.03	-0.12
Total Debt / (EBITDA - Capex)	-	0.01	0.03	0.05
Net Debt / (EBITDA - Capex)	-0.1	-0.17	-0.03	-0.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	98.21	74.88	9.77	18.49
Gross Profit, 1 Yr. Growth %	109.85	88.95	5.83	16.26
EBITDA, 1 Yr. Growth %	115.61	90.96	2.74	15.74
EBITA, 1 Yr. Growth %	115.91	91.08	2.69	15.72
EBIT, 1 Yr. Growth %	115.91	91.08	2.69	15.72
Earnings From Cont. Operations, 1 Yr. Growth %	117.22	81.57	-21.95	18.73
Net Income, 1 Yr. Growth %	117.22	81.57	-21.95	18.73
Normalized Net Income, 1 Yr. Growth %	116.25	90.82	2.8	15.91
Diluted EPS Before Extra, 1 Yr. Growth %	-	-99.52	400.93	19.4
Accounts Receivable, 1 Yr. Growth %	-	37.38	4.76	18.45
Net Property, Plant and Equip., 1 Yr. Growth %	-	489.74	232.2	69.54
Total Assets, 1 Yr. Growth %	-	406.98	-9.01	13.9
Tangible Book Value, 1 Yr. Growth %	-	365.7	7.33	12
Common Equity, 1 Yr. Growth %	-	365.7	7.33	12
Cash From Operations, 1 Yr. Growth %	106.36	109.49	-18.84	20.32
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-43.78	60.28
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-43.78	60.28
Dividend Per Share, 1 Yr. Growth %	-	-	403.9	17.27
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	86.18	38.55	14.05
Gross Profit, 2 Yr. CAGR %	-	96.13	41.41	10.92
EBITDA, 2 Yr. CAGR %	-	102.91	40.06	9.04
EBITA, 2 Yr. CAGR %	-	103.11	40.08	9.01
EBIT, 2 Yr. CAGR %	-	103.11	40.08	9.01
Earnings From Cont. Operations, 2 Yr. CAGR %	-	98.6	19.04	-3.74
Net Income, 2 Yr. CAGR %	-	98.6	19.04	-3.74
Normalized Net Income, 2 Yr. CAGR %	-	102.98	40.06	9.16
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-84.57	144.56
Accounts Receivable, 2 Yr. CAGR %	-	-	19.96	11.39
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	342.62	137.32
Total Assets, 2 Yr. CAGR %	-	-	114.78	1.8
Tangible Book Value, 2 Yr. CAGR %	-	-	123.57	9.64
Common Equity, 2 Yr. CAGR %	-	-	123.57	9.64
Cash From Operations, 2 Yr. CAGR %	-	107.92	30.59	-1.18
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-8.5
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-5.08
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-5.08
Dividend Per Share, 2 Yr. CAGR %	-	-	-	143.09
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	56.12	31.51
Gross Profit, 3 Yr. CAGR %	-	-	59.67	32.47
EBITDA, 3 Yr. CAGR %	-	-	61.72	31.44
EBITA, 3 Yr. CAGR %	-	-	61.81	31.44
EBIT, 3 Yr. CAGR %	-	-	61.81	31.44
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	45.47	18.94
Net Income, 3 Yr. CAGR %	-	-	45.47	18.94
Normalized Net Income, 3 Yr. CAGR %	-	-	61.79	31.5
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-69.48
Accounts Receivable, 3 Yr. CAGR %	-	-	-	19.46
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	221.45
Total Assets, 3 Yr. CAGR %	-	-	-	73.84
Tangible Book Value, 3 Yr. CAGR %	-	-	-	77.56
Common Equity, 3 Yr. CAGR %	-	-	-	77.56
Cash From Operations, 3 Yr. CAGR %	-	-	52.11	27.08