Cash flow Kelsian Group Limited

Equities

KLS

AU0000186678

Passenger Transportation, Ground & Sea

Market Closed - Australian S.E. Other stock markets 12:10:14 2025-01-24 am EST			5-day change	1st Jan Change
3.590 ^AUD	-2.18%		-3.75%	-1.91%

Nov. 19	Kelsian Group Unit Secures Contract Renewal to Operate Buses in Western Australia	MT
Nov. 07	Kelsian Group CEO Departs; US Division Head Tapped to Succeed	MT

3.4Jbo2FJTqcAQy2fwfrLsr6jHN4YzIz6McU-0gMruHv4.2aCjjjMx5_hhrR2IENeH7NGXYed2T0r7Qhnd0_Onac-FwICRYGCfryPyVw

Published financial data: KELSIAN GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Revenues	624M	1.17B	1.32B	1.42B	2.02B
Other Revenues, Total	20.98M	-	16.27M	9.42M	20.9M
Total Revenues	645M	1.17B	1.34B	1.43B	2.04B
Cost of Goods Sold, Total	452M	887M	980M	1.08B	1.52B
Gross Profit	192M	286M	361M	345M	516M
Selling General & Admin Expenses, Total	101M	156M	177M	188M	254M
Depreciation & Amortization - (IS)	39.57M	62.66M	80.63M	57.05M	109M
Amortization of Goodwill and Intangible Assets - (IS)	20.86M	31.7M	18.64M	20.36M	34.14M
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	162M	250M	276M	266M	397M
Operating Income	30.54M	35.99M	84.98M	79.18M	119M
Interest Expense, Total	-9.77M	-17.64M	-21.51M	-22.33M	-54.12M
Interest And Investment Income	438K	219K	136K	2.64M	3.69M
Net Interest Expenses	-9.33M	-17.42M	-21.37M	-19.69M	-50.43M
Currency Exchange Gains (Loss)	1.4M	-	-	-	3.77M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	22.61M	18.57M	63.61M	59.49M	72.62M
Merger & Related Restructuring Charges	-17.51M	-4.19M	-4.1M	-30.18M	-2.21M
Impairment of Goodwill	-4M	-3.8M	-	-	-
Gain (Loss) On Sale Of Investments	-1.64M	-	-	241K	-
Gain (Loss) On Sale Of Assets	9K	263K	4.97M	3.81M	912K
Asset Writedown	-6.8M	-	-	-	-
Other Unusual Items	-	38.15M	-	-	-
EBT, Incl. Unusual Items	-7.33M	48.99M	64.47M	33.36M	71.32M
Income Tax Expense	6.24M	11.19M	11.56M	12.37M	13.31M
Earnings From Continuing Operations	-13.57M	37.8M	52.91M	21M	58.01M
Net Income to Company	-13.57M	37.8M	52.91M	21M	58.01M
Minority Interest	-	-3K	-	-	-
Net Income - (IS)	-13.57M	37.8M	52.91M	21M	58.01M
Net Income to Common Incl Extra Items	-13.57M	37.8M	52.91M	21M	58.01M
Net Income to Common Excl. Extra Items	-13.57M	37.8M	52.91M	21M	58.01M
Per Share Items
Net EPS - Basic	-0.08	0.17	0.24	0.09	0.21
Basic EPS - Continuing Operations	-0.08	0.17	0.24	0.09	0.21
Basic Weighted Average Shares Outstanding	165M	218M	218M	231M	270M
Net EPS - Diluted	-0.08	0.17	0.24	0.09	0.21
Diluted EPS - Continuing Operations	-0.08	0.17	0.24	0.09	0.21
Diluted Weighted Average Shares Outstanding	166M	219M	219M	232M	271M
Normalized Basic EPS	0.09	0.05	0.18	0.16	0.17
Normalized Diluted EPS	0.09	0.05	0.18	0.16	0.17
Dividend Per Share	0.11	0.16	0.16	0.17	0.18
Payout Ratio	-133.22	66.45	66.04	176.92	81.27
Supplemental Items
EBITDA	72.32M	98.25M	141M	142M	238M
EBITA	51.41M	67.69M	104M	99.5M	153M
EBIT	30.54M	35.99M	84.98M	79.18M	119M
EBITDAR	-	101M	-	145M	241M
Total Revenues (As Reported)	647M	-	-	-	-
Effective Tax Rate - (Ratio)	-85.21	22.84	17.94	37.06	18.67
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	14.27M	20.03M	13.09M	13.88M	24.64M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-7.61M	-8.52M	-769K	-1.96M	-9.59M
Normalized Net Income	14.13M	11.61M	39.76M	37.18M	45.39M
Interest on Long-Term Debt	9.77M	3.54M	4.37M	2.65M	4.28M
Supplemental Operating Expense Items
Marketing Expenses	4.87M	4.35M	5.6M	6.5M	7.4M
Selling and Marketing Expenses	4.87M	4.35M	5.6M	6.5M	7.4M
General and Administrative Expenses	37.5M	59.71M	66.36M	71.27M	102M
Net Rental Expense, Total	-	2.6M	-	2.6M	3.8M
Imputed Operating Lease Interest Expense	-	833K	-	734K	1.8M
Imputed Operating Lease Depreciation	-	1.77M	-	1.87M	2M
Maintenance & Repair Expenses, Total	37.1M	75.27M	77.44M	91.24M	135M
Stock-Based Comp., Other (Total)	468K	815K	1.14M	1.01M	2.7M
Total Stock-Based Compensation	468K	815K	1.14M	1.01M	2.7M

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	120M	103M	141M	158M	134M
Trading Asset Securities, Total	-	-	-	4.04M	-
Total Cash And Short Term Investments	120M	103M	141M	162M	134M
Accounts Receivable, Total	62.68M	73.23M	94.06M	142M	175M
Other Receivables	19.78M	19.17M	25.84M	27.49M	29.64M
Total Receivables	82.46M	92.4M	120M	170M	205M
Inventory	13.88M	14.31M	19.34M	27.34M	31.95M
Prepaid Expenses	10.82M	12.2M	12.18M	15.74M	25.15M
Other Current Assets, Total	1.75M	4.51M	19.56M	6.87M	5.49M
Total Current Assets	229M	227M	312M	382M	402M
Gross Property Plant And Equipment	610M	725M	813M	1.02B	1.33B
Accumulated Depreciation	-97.36M	-145M	-199M	-233M	-317M
Net Property Plant And Equipment	513M	579M	615M	792M	1.01B
Long-term Investments	-	-	-	2.52M	-
Goodwill	477M	457M	491M	706M	713M
Other Intangibles, Total	128M	95.62M	93.55M	283M	260M
Deferred Tax Assets Long-Term	43.16M	-	-	-	-
Other Long-Term Assets, Total	-	-	17.28M	12.41M	11.54M
Total Assets	1.39B	1.36B	1.53B	2.18B	2.4B
Liabilities
Accounts Payable, Total	32.94M	36.2M	36.76M	50.84M	54.95M
Accrued Expenses, Total	107M	129M	144M	170M	187M
Current Portion of Long-Term Debt	1.17M	20.76M	19.41M	-	11.86M
Current Portion of Leases	29.97M	27.19M	37.07M	15.2M	44.49M
Current Income Taxes Payable	15.83M	13.17M	3.06M	-	1.08M
Unearned Revenue Current, Total	15.86M	13.94M	21.76M	25.15M	24.38M
Other Current Liabilities	103M	64.79M	79.81M	93.86M	81.66M
Total Current Liabilities	306M	306M	341M	355M	405M
Long-Term Debt	314M	287M	345M	678M	829M
Long-Term Leases	74.41M	133M	163M	113M	135M
Unearned Revenue Non Current	462K	430K	215K	98K	55K
Pension & Other Post Retirement Benefits	12.19M	9.61M	8.45M	7.76M	7.75M
Deferred Tax Liability Non Current	58.89M	3.56M	21.31M	101M	93.93M
Other Non Current Liabilities	22.95M	11.96M	9.53M	-	1.47M
Total Liabilities	790M	751M	889M	1.25B	1.47B
Common Stock, Total	572M	572M	572M	850M	853M
Retained Earnings	31.91M	44.59M	62.55M	46.4M	57.26M
Comprehensive Income and Other	-3.99M	-8.86M	5.08M	27.26M	16.93M
Total Common Equity	600M	608M	640M	924M	927M
Minority Interest	-	3K	3K	3K	3K
Total Equity	600M	608M	640M	924M	927M
Total Liabilities And Equity	1.39B	1.36B	1.53B	2.18B	2.4B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	218M	218M	218M	269M	270M
ECS Total Common Shares Outstanding	218M	218M	218M	269M	270M
Book Value / Share	2.75	2.78	2.93	3.43	3.44
Tangible Book Value	-4.99M	55.08M	55.19M	-65.71M	-46.01M
Tangible Book Value Per Share	-0.02	0.25	0.25	-0.24	-0.17
Total Debt	420M	468M	564M	806M	1.02B
Net Debt	300M	365M	423M	644M	886M
Debt Equivalent Oper. Leases	-	20.8M	-	20.8M	30.4M
Minority Interest, Total (Incl. Fin. Div)	-	3K	3K	3K	3K
Account Code - Inventory Valuation	3	3	-	3	3
Inventories - Finished Goods, Total	2.05M	1.77M	3.59M	4.77M	4.73M
Inventories - Others	12.27M	13.21M	16.05M	24.12M	28.62M
Land - (BS)	81.05M	83.72M	88.97M	116M	136M
Machinery, Total	340M	383M	446M	691M	874M
Accumulated Allowance for Doubtful Accounts (Supple)	356K	194K	168K	401K	903K

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	-13.57M	37.8M	52.91M	21M	58.01M
Depreciation & Amortization - CF	39.57M	62.66M	80.63M	57.05M	109M
Amortization of Goodwill and Intangible Assets - (CF)	20.86M	31.7M	18.64M	20.32M	34.04M
Depreciation & Amortization, Total	60.43M	94.36M	99.28M	77.36M	143M
Amortization of Deferred Charges, Total - (CF)	-	-	-	44K	106K
(Gain) Loss From Sale Of Asset	-9K	-263K	-	-3.81M	-912K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	10.8M	3.83M	-	619K	-
Stock-Based Compensation (CF)	421K	815K	1.14M	1.01M	2.7M
Other Operating Activities, Total	-2.36M	-9K	5.32M	27.34M	-4.9M
Change In Accounts Receivable	19.09M	-1.42M	-18.39M	2.32M	-37.85M
Change In Inventories	1.25M	-427K	-3.25M	-2.57M	-4.5M
Change In Accounts Payable	792K	-40.37M	19.61M	-5.84M	-40.47M
Change in Unearned Revenues	321K	5.58M	1.36M	280K	-466K
Change In Income Taxes	21.52M	-5.38M	-14.63M	-7.65M	5.75M
Change In Deferred Taxes	-7.61M	-7.62M	2.22M	-3.4M	-8.93M
Change in Other Net Operating Assets	-1.01M	24.95M	-7.04M	22.28M	35M
Cash from Operations	90.06M	112M	139M	129M	147M
Capital Expenditure	-29.46M	-41.7M	-43.11M	-100M	-149M
Sale of Property, Plant, and Equipment	2.96M	1.9M	8.6M	14.2M	20.24M
Cash Acquisitions	-120M	-29.76M	-68.03M	-564M	-28.42M
Divestitures	-	-	17.63M	-	-
Sale (Purchase) of Intangible assets	-	-	-1.19M	-763K	-1.31M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-105M
Cash from Investing	-146M	-69.56M	-86.09M	-650M	-263M
Long-Term Debt Issued, Total	266M	-	79M	333M	167M
Total Debt Issued	266M	-	79M	333M	167M
Long-Term Debt Repaid, Total	-231M	-33.3M	-59.13M	-33.93M	-26.63M
Total Debt Repaid	-231M	-33.3M	-59.13M	-33.93M	-26.63M
Issuance of Common Stock	154M	-	-	275M	-
Common Dividends Paid	-18.08M	-25.12M	-34.94M	-37.15M	-47.14M
Common & Preferred Stock Dividends Paid	-18.08M	-25.12M	-34.94M	-37.15M	-47.14M
Other Financing Activities, Total	-7.05M	-	-	-868K	-632K
Cash from Financing	164M	-58.41M	-15.08M	536M	92.75M
Foreign Exchange Rate Adjustments	-	-284K	220K	2.42M	59K
Net Change in Cash	108M	-16.41M	37.6M	16.85M	-23.47M
Supplemental Items
Cash Interest Paid	9.77M	17.64M	19.48M	22.02M	53.96M
Cash Income Tax Paid (Refund)	-7.67M	24.18M	23.97M	23.45M	16.49M
Levered Free Cash Flow	205M	24.28M	75.62M	15.22M	-1.76M
Unlevered Free Cash Flow	212M	35.31M	89.06M	29.18M	32.07M
Change In Net Working Capital	-161M	40.66M	20.17M	-2.2M	38.63M
Net Debt Issued / Repaid	35.38M	-33.3M	19.87M	299M	141M

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.26	1.66	3.66	2.75	3.26
Return on Total Capital	2.99	2.15	4.66	3.5	4.05
Return On Equity %	-3.58	6.26	8.48	2.69	6.27
Return on Common Equity	-3.58	6.26	8.48	2.69	6.27
Margin Analysis
Gross Profit Margin %	29.82	24.39	26.92	24.15	25.33
SG&A Margin	15.7	13.27	13.18	13.18	12.44
EBITDA Margin %	11.22	8.38	10.54	9.97	11.66
EBITA Margin %	7.97	5.77	7.73	6.97	7.52
EBIT Margin %	4.74	3.07	6.34	5.55	5.85
Income From Continuing Operations Margin %	-2.11	3.22	3.95	1.47	2.85
Net Income Margin %	-2.11	3.22	3.95	1.47	2.85
Net Avail. For Common Margin %	-2.11	3.22	3.95	1.47	2.85
Normalized Net Income Margin	2.19	0.99	2.96	2.6	2.23
Levered Free Cash Flow Margin	31.87	2.07	5.64	1.07	-0.09
Unlevered Free Cash Flow Margin	32.82	3.01	6.64	2.04	1.57
Asset Turnover
Asset Turnover	0.76	0.87	0.93	0.79	0.89
Fixed Assets Turnover	1.81	2.15	2.25	2.19	2.26
Receivables Turnover (Average Receivables)	16.84	16.21	15.97	11.99	12.7
Inventory Turnover (Average Inventory)	48.13	62.93	58.25	46.38	51.33
Short Term Liquidity
Current Ratio	0.75	0.74	0.91	1.08	0.99
Quick Ratio	0.66	0.64	0.76	0.94	0.84
Operating Cash Flow to Current Liabilities	0.29	0.37	0.41	0.36	0.36
Days Sales Outstanding (Average Receivables)	21.73	22.51	22.85	30.43	28.81
Days Outstanding Inventory (Average Inventory)	7.6	5.8	6.27	7.87	7.13
Average Days Payable Outstanding	15.5	14.22	13.25	14.66	12.68
Cash Conversion Cycle (Average Days)	13.83	14.09	15.87	23.64	23.26
Long Term Solvency
Total Debt/Equity	69.97	76.99	88.19	87.31	110.02
Total Debt / Total Capital	41.17	43.5	46.86	46.61	52.39
LT Debt/Equity	64.78	69.11	79.36	85.66	103.94
Long-Term Debt / Total Capital	38.11	39.05	42.17	45.73	49.49
Total Liabilities / Total Assets	56.81	55.27	58.14	57.6	61.35
EBIT / Interest Expense	3.13	2.04	3.95	3.55	2.2
EBITDA / Interest Expense	9.31	7.39	8.57	7.01	4.85
(EBITDA - Capex) / Interest Expense	6.3	5.03	6.56	2.52	2.11
Total Debt / EBITDA	4.62	3.59	3.06	5.15	3.89
Net Debt / EBITDA	3.3	2.8	2.3	4.12	3.38
Total Debt / (EBITDA - Capex)