Balance Sheet Insignia Financial Ltd.

Equities

IFL

AU000000IFL2

Investment Management & Fund Operators

Market Closed - Australian S.E. Other stock markets 02:10:34 2024-09-06 am EDT			5-day change	1st Jan Change
2.260 ^AUD	-1.74%		-2.59%	-3.42%

Sep. 06	Insignia Financial Ltd. Announces Resignation of William Linehan as Company Secretary	CI
Aug. 22	Australian Shares Move Closer to 10-Day Gain Milestone Amid Sustainable Upward Trend	MT

bb8df44de.aBzjiBvRNeu95trcIeE_PEGInBUeWqEXKOyDmjiznDA.DFSH2HO6BZPoj_eSQtltYyrA1l1sbedDY4_O1VTerWota9XGerN2ocuPkw

Published financial data: INSIGNIA FINANCIAL LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Revenues	1.17B	1.33B	2.15B	1.95B	1.94B
Total Revenues	1.17B	1.33B	2.15B	1.95B	1.94B
Cost of Goods Sold, Total	855M	911M	1.41B	1.27B	1.23B
Gross Profit	314M	421M	743M	680M	713M
Selling General & Admin Expenses, Total	104M	120M	355M	318M	298M
Depreciation & Amortization - (IS)	23.19M	29.1M	41M	41.3M	41.8M
Amortization of Goodwill and Intangible Assets - (IS)	37.56M	59.7M	85.8M	82.8M	78.7M
Other Operating Expenses	2.97M	41.6M	96.1M	23.8M	237M
Other Operating Expenses, Total	167M	251M	578M	466M	656M
Operating Income	146M	170M	165M	214M	57.4M
Interest Expense, Total	-14.26M	-11.1M	-29.3M	-54.2M	-60M
Net Interest Expenses	-14.26M	-11.1M	-29.3M	-54.2M	-60M
Income (Loss) On Equity Invest.	-479K	-1M	13.4M	9.4M	10.7M
EBT, Excl. Unusual Items	132M	158M	149M	170M	8.1M
Restructuring Charges	-2.86M	-1.1M	-	-	-
Merger & Related Restructuring Charges	-31.03M	-50.2M	-96.1M	-162M	-258M
Impairment of Goodwill	-4.34M	-200M	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-3.3M	-	-
Asset Writedown	-	-	-7.8M	-3.5M	-
Legal Settlements	-	-24.3M	-2M	-1.5M	-10.7M
Other Unusual Items	-6.43M	-10M	-	-	-
EBT, Incl. Unusual Items	86.84M	-127M	39.6M	2.7M	-260M
Income Tax Expense	28.21M	16.3M	12M	-1.5M	-75M
Earnings From Continuing Operations	58.63M	-144M	27.6M	4.2M	-185M
Earnings Of Discontinued Operations	89.78M	-	9.2M	47M	-
Net Income to Company	148M	-144M	36.8M	51.2M	-185M
Minority Interest	-1.44M	-	-	200K	-
Net Income - (IS)	147M	-144M	36.8M	51.4M	-185M
Net Income to Common Incl Extra Items	147M	-144M	36.8M	51.4M	-185M
Net Income to Common Excl. Extra Items	57.19M	-144M	27.6M	4.4M	-185M
Per Share Items
Net EPS - Basic	0.42	-0.24	0.06	0.08	-0.28
Basic EPS - Continuing Operations	0.16	-0.24	0.04	0.01	-0.28
Basic Weighted Average Shares Outstanding	350M	589M	650M	658M	664M
Net EPS - Diluted	0.42	-0.24	0.06	0.08	-0.28
Diluted EPS - Continuing Operations	0.16	-0.24	0.04	0.01	-0.28
Diluted Weighted Average Shares Outstanding	351M	589M	652M	658M	664M
Normalized Basic EPS	0.23	0.17	0.14	0.16	0.01
Normalized Diluted EPS	0.23	0.17	0.14	0.16	0.01
Dividend Per Share	0.28	0.18	0.24	0.19	0.09
Payout Ratio	66.69	-64.32	330.71	218.09	-55.91
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	207M	234M	244M	291M	130M
EBITA	182M	226M	233M	280M	120M
EBIT	146M	170M	165M	214M	57.4M
EBITDAR	214M	244M	270M	306M	146M
Effective Tax Rate - (Ratio)	32.49	-12.81	30.3	-55.56	28.81
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	42.34M	20.3M	-16.3M	-22.5M	-38M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-14.13M	-4M	28.3M	21M	-37M
Normalized Net Income	80.75M	98.94M	93M	106M	5.06M
Interest on Long-Term Debt	2.82M	3M	5.5M	6.2M	5.8M
Non-Cash Pension Expense	-	0	0	-900K	-900K
Supplemental Operating Expense Items
Marketing Expenses	9.34M	6.1M	12.1M	19M	11.7M
Selling and Marketing Expenses	9.34M	6.1M	12.1M	19M	11.7M
General and Administrative Expenses	82.89M	104M	314M	277M	265M
Net Rental Expense, Total	6.79M	9.4M	25.8M	14.8M	15.5M
Imputed Operating Lease Interest Expense	1.55M	1.24M	6.97M	6.76M	8.02M
Imputed Operating Lease Depreciation	5.24M	8.16M	18.83M	8.04M	7.48M
Stock-Based Comp., COGS (Total)	2.93M	2.2M	2.8M	3.9M	3.9M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	2.93M	2.2M	2.8M	3.9M	3.9M

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	225M	501M	380M	400M	309M
Short Term Investments	-	60.5M	-	-	-
Trading Asset Securities, Total	-	-	269M	280M	64.8M
Total Cash And Short Term Investments	225M	562M	648M	679M	374M
Accounts Receivable, Total	78.51M	150M	84.1M	97.5M	268M
Other Receivables	234M	188M	228M	205M	700K
Total Receivables	313M	338M	312M	302M	268M
Prepaid Expenses	16.26M	20M	-	-	40.5M
Restricted Cash	146M	165M	134M	106M	113M
Other Current Assets, Total	1.18B	1.46B	1.49B	1.18B	26.7M
Total Current Assets	1.88B	2.54B	2.58B	2.27B	822M
Gross Property Plant And Equipment	217M	261M	361M	329M	287M
Accumulated Depreciation	-83M	-115M	-153M	-183M	-178M
Net Property Plant And Equipment	134M	146M	208M	146M	109M
Long-term Investments	153M	233M	95.3M	61.2M	199M
Goodwill	1.6B	2.14B	1.8B	1.78B	1.78B
Other Intangibles, Total	344M	506M	802M	724M	645M
Accounts Receivable Long-Term	-	-	-	-	1.8M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	49.74M	114M	-	-	7.6M
Deferred Charges Long-Term	994K	800K	-	-	-
Other Long-Term Assets, Total	97.33M	30.5M	20.4M	21.7M	24.3M
Total Assets	4.26B	5.71B	5.51B	5B	3.59B
Liabilities
Accounts Payable, Total	-	-	203M	195M	172M
Accrued Expenses, Total	1.75M	5.8M	2.1M	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	18.75M	21.4M	31.8M	30.9M	29.7M
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities	1.49B	2.1B	1.8B	1.44B	376M
Total Current Liabilities	1.51B	2.12B	2.04B	1.66B	577M
Long-Term Debt	458M	649M	771M	776M	779M
Long-Term Leases	95.65M	104M	158M	131M	109M
Unearned Revenue Non Current	931K	900K	-	-	-
Pension & Other Post Retirement Benefits	69.49M	215M	-	-	-
Deferred Tax Liability Non Current	-	-	21.4M	51.1M	-
Other Non Current Liabilities	377M	126M	128M	53.8M	79.2M
Total Liabilities	2.52B	3.22B	3.11B	2.68B	1.54B
Common Stock, Total	1.97B	3B	3.02B	3.04B	3.06B
Retained Earnings	-314M	-508M	-618M	-710M	-1.02B
Treasury Stock	-5.02M	-4.6M	-3.6M	-7.2M	-8.3M
Comprehensive Income and Other	91.27M	3.8M	5M	4.6M	6.3M
Total Common Equity	1.74B	2.49B	2.4B	2.33B	2.04B
Minority Interest	-229K	-200K	-200K	-500K	-500K
Total Equity	1.74B	2.49B	2.4B	2.33B	2.04B
Total Liabilities And Equity	4.26B	5.71B	5.51B	5B	3.59B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	350M	649M	653M	661M	668M
ECS Total Common Shares Outstanding	350M	649M	653M	661M	668M
Book Value / Share	4.98	3.84	3.68	3.53	3.06
Tangible Book Value	-197M	-151M	-206M	-173M	-380M
Tangible Book Value Per Share	-0.56	-0.23	-0.31	-0.26	-0.57
Tangible Book Value Per Share (As Reported)	-	-	-	-	-
Total Debt	572M	774M	961M	937M	918M
Net Debt	347M	212M	312M	258M	544M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-17.2M	-20.1M	-21.3M	-24.3M
Debt Equivalent Oper. Leases	54.3M	75.2M	206M	118M	124M
Minority Interest, Total (Incl. Fin. Div)	-229K	-200K	-200K	-500K	-500K
Equity Method Investments, Total	12.95M	37.6M	88.5M	59.1M	59.5M
Account Code - Inventory Valuation	3	3	-	-	3
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	420K	400K	-	-	-

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	147M	-144M	36.8M	51.4M	-185M
Depreciation & Amortization - CF	24.51M	29.2M	41M	41.8M	41.8M
Amortization of Goodwill and Intangible Assets - (CF)	36.19M	55.5M	68.1M	65.7M	62.9M
Depreciation & Amortization, Total	60.69M	84.7M	109M	108M	105M
Amortization of Deferred Charges, Total - (CF)	1.72M	4.1M	17.7M	17.7M	15.8M
(Gain) Loss From Sale Of Asset	-107K	-400K	3.3M	-66.4M	-12.5M
(Gain) Loss on Sale of Investments - (CF)	-	-	-4.4M	-3.6M	-10.7M
Asset Writedown & Restructuring Costs	4.89M	200M	8.8M	3.5M	-
(Income) Loss On Equity Investments - (CF)	-214K	1.2M	-1.4M	1.9M	-900K
Stock-Based Compensation (CF)	2.93M	2.2M	2.8M	3.9M	3.9M
Provision and Write-off of Bad Debts	-	-	9M	500K	400K
Net Cash From Discontinued Operations	-84.3M	-	2.6M	-	-
Other Operating Activities, Total	42.64M	10M	23.9M	29M	26.7M
Change In Accounts Receivable	-84.64M	41.7M	59.2M	335M	18.8M
Change In Accounts Payable	8.87M	-1.4M	95.6M	-246M	-10.7M
Change in Unearned Revenues	-189K	-100K	-	-	-
Change In Income Taxes	-8.32M	-400K	-42.5M	22.8M	33.1M
Change In Deferred Taxes	-19.87M	24.2M	-10.6M	18.1M	-69M
Change in Other Net Operating Assets	74.34M	-84.4M	-315M	-238M	32.4M
Cash from Operations	145M	138M	-5.5M	36.3M	-53.3M
Capital Expenditure	-8.2M	-9.3M	-20.4M	-5.4M	-1.2M
Cash Acquisitions	-705M	-857M	-	-	-
Divestitures	93.01M	-	1.4M	163M	42.9M
Sale (Purchase) of Intangible assets	-13.08M	-7.1M	-26.8M	-14.1M	10.7M
Investment in Marketable and Equity Securities, Total	885M	131M	-27.9M	-14.9M	89.9M
Other Investing Activities, Total	-27.12M	-3.5M	5.4M	22.3M	33.3M
Cash from Investing	224M	-746M	-68.3M	151M	176M
Long-Term Debt Issued, Total	115M	591M	194M	782M	161M
Total Debt Issued	115M	591M	194M	782M	161M
Long-Term Debt Repaid, Total	-99.28M	-597M	-110M	-832M	-200M
Total Debt Repaid	-99.28M	-597M	-110M	-832M	-200M
Issuance of Common Stock	-	1.04B	-	-	-
Repurchase of Common Stock	-	-	-	-	-2.3M
Common Dividends Paid	-98.01M	-92.3M	-122M	-112M	-104M
Common & Preferred Stock Dividends Paid	-98.01M	-92.3M	-122M	-112M	-104M
Special Dividend Paid	-24.5M	-22.7M	-13M	-7.9M	-
Other Financing Activities, Total	-16K	-20.4M	-15.1M	-14.8M	-47.7M
Cash from Financing	-107M	903M	-66.1M	-185M	-192M
Foreign Exchange Rate Adjustments	-65K	1.6M	-	-	-
Miscellaneous Cash Flow Adjustments	14.96M	-	-12.8M	-14.6M	-14.1M
Net Change in Cash	277M	296M	-153M	-12.4M	-83.9M
Supplemental Items
Cash Interest Paid	10.09M	7.4M	15.1M	34.9M	50.9M
Cash Income Tax Paid (Refund)	47.88M	38.1M	45.8M	-4.9M	-41.5M
Levered Free Cash Flow	11.3M	384M	-74.28M	178M	189M
Unlevered Free Cash Flow	20.21M	391M	-55.96M	212M	226M
Change In Net Working Capital	115M	-210M	241M	31.4M	-56.6M
Net Debt Issued / Repaid	15.72M	-5.7M	83.7M	-49.9M	-38.5M

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.3	2.14	1.83	2.55	0.83
Return on Total Capital	4.16	3.82	3.11	4.04	1.15
Return On Equity %	3.45	-6.79	1.13	0.18	-8.47
Return on Common Equity	3.37	-6.78	1.13	0.19	-8.47
Margin Analysis
Gross Profit Margin %	26.83	31.6	34.56	34.89	36.72
SG&A Margin	8.86	9.03	16.53	16.3	15.35
EBITDA Margin %	17.7	17.58	11.34	14.94	6.7
EBITA Margin %	15.61	16.95	10.83	14.37	6.2
EBIT Margin %	12.51	12.79	7.66	11	2.96
Income From Continuing Operations Margin %	5.02	-10.77	1.28	0.22	-9.54
Net Income Margin %	12.57	-10.77	1.71	2.64	-9.54
Net Avail. For Common Margin %	4.89	-10.77	1.28	0.23	-9.54