Cash flow Prosus N.V.

Equities

PRX

NL0013654783

Internet Services

Market Closed - Euronext Amsterdam Other stock markets 11:35:15 2024-09-11 am EDT			Pre-market 01:44:48 am
32.32 ^EUR	+0.05%		32.72	+1.24%

Aug. 28	PROSUS : JP Morgan reiterates its Buy rating	ZD
Aug. 27	PROSUS : JP Morgan keeps its Buy rating	ZD

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Published financial data: PROSUS N.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	3.33B	5.12B	6.87B	5.76B	5.47B
Total Revenues	3.33B	5.12B	6.87B	5.76B	5.47B
Cost of Goods Sold, Total	2.18B	3.46B	4.8B	4.11B	3.24B
Gross Profit	1.15B	1.66B	2.06B	1.66B	2.22B
Selling General & Admin Expenses, Total	1.76B	2.61B	2.76B	2.25B	2.39B
Depreciation & Amortization - (IS)	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	-8M	10M	-39M	-8M	1M
Other Operating Expenses, Total	1.75B	2.62B	2.72B	2.24B	2.39B
Operating Income	-601M	-963M	-658M	-583M	-167M
Interest Expense, Total	-223M	-262M	-403M	-555M	-557M
Interest And Investment Income	206M	87M	103M	537M	912M
Net Interest Expenses	-17M	-175M	-300M	-18M	355M
Income (Loss) On Equity Invest.	3.93B	7.1B	9.26B	5.17B	2.81B
Currency Exchange Gains (Loss)	61M	55M	119M	100M	-29M
Other Non Operating Income (Expenses)	53M	122M	15M	-82M	102M
EBT, Excl. Unusual Items	3.43B	6.13B	8.43B	4.59B	3.07B
Impairment of Goodwill	-10M	-68M	-246M	-684M	-372M
Gain (Loss) On Sale Of Investments	374M	1.28B	10.72B	5.68B	4.33B
Gain (Loss) On Sale Of Assets	-	-	-	-4M	-5M
Asset Writedown	-	-	-	-67M	-2M
Other Unusual Items	-	-13M	-217M	-	-
EBT, Incl. Unusual Items	3.79B	7.33B	18.69B	9.52B	7.02B
Income Tax Expense	75M	-67M	97M	39M	161M
Earnings From Continuing Operations	3.72B	7.4B	18.59B	9.48B	6.86B
Earnings Of Discontinued Operations	-	-	-	542M	-270M
Net Income to Company	3.72B	7.4B	18.59B	10.02B	6.59B
Minority Interest	109M	50M	139M	90M	16M
Net Income - (IS)	3.82B	7.45B	18.73B	10.11B	6.61B
Net Income to Common Incl Extra Items	3.82B	7.45B	18.73B	10.11B	6.61B
Net Income to Common Excl. Extra Items	3.82B	7.45B	18.73B	9.57B	6.88B
Per Share Items
Net EPS - Basic	0.42	0.83	2.24	1.34	1.76
Basic EPS - Continuing Operations	0.42	0.83	2.24	1.27	1.83
Basic Weighted Average Shares Outstanding	9.01B	9B	8.35B	7.52B	3.75B
Net EPS - Diluted	0.42	0.81	2.22	1.33	1.74
Diluted EPS - Continuing Operations	0.42	0.81	2.22	1.26	1.82
Diluted Weighted Average Shares Outstanding	9.01B	9B	8.35B	7.52B	3.75B
Normalized Basic EPS	0.25	0.43	0.65	0.39	0.52
Normalized Diluted EPS	0.25	0.43	0.65	0.39	0.52
Dividend Per Share	0.06	0.08	0.07	0.07	0.11
Payout Ratio	-	2.87	1.27	1.89	3.01
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	-427M	-818M	-514M	-461M	-8M
EBITA	-507M	-852M	-564M	-495M	-96M
EBIT	-601M	-963M	-658M	-583M	-167M
EBITDAR	-	-817M	-511M	-457M	-4M
Effective Tax Rate - (Ratio)	1.98	-0.91	0.52	0.41	2.29
Total Current Taxes	-	-52M	156M	67M	184M
Total Deferred Taxes	-	-15M	-59M	-28M	-23M
Normalized Net Income	2.25B	3.88B	5.41B	2.96B	1.94B
Interest on Long-Term Debt	8M	10M	9M	11M	9M
Non-Cash Pension Expense	-	-	-	-	1M
Supplemental Operating Expense Items
Advertising Expense	-	322M	491M	267M	-
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	-	1M	3M	4M	4M
Imputed Operating Lease Interest Expense	-	343K	790K	1.09M	1.09M
Imputed Operating Lease Depreciation	-	657K	2.21M	2.91M	2.91M
Stock-Based Comp., SG&A Exp. (Total)	-	-	254M	-65M	260M
Stock-Based Comp., Other (Total)	608M	729M	-	-	-
Total Stock-Based Compensation	608M	729M	254M	-65M	260M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.18B	3.57B	9.65B	9.56B	2.18B
Short Term Investments	3.87B	1.22B	3.92B	11.31B	16.82B
Trading Asset Securities, Total	-	1.24B	-	-	-
Total Cash And Short Term Investments	8.05B	6.03B	13.57B	20.87B	18.99B
Accounts Receivable, Total	111M	150M	276M	206M	638M
Other Receivables	529M	579M	870M	1.27B	1.2B
Notes Receivable	-	44M	17M	40M	31M
Total Receivables	640M	773M	1.16B	1.52B	1.87B
Inventory	213M	321M	470M	324M	268M
Other Current Assets, Total	202M	18M	65M	654M	921M
Total Current Assets	9.11B	7.14B	15.26B	23.37B	22.05B
Gross Property Plant And Equipment	-	634M	896M	909M	827M
Accumulated Depreciation	-	-191M	-292M	-289M	-272M
Net Property Plant And Equipment	377M	443M	604M	620M	555M
Long-term Investments	23.24B	44.85B	50.58B	38.86B	37.36B
Goodwill	2.17B	2.1B	3.37B	1.41B	1.03B
Other Intangibles, Total	844M	782M	928M	367M	326M
Accounts Receivable Long-Term	-	-	-	-	197M
Loans Receivable Long-Term	-	356M	416M	254M	244M
Deferred Tax Assets Long-Term	15M	23M	26M	16M	18M
Other Long-Term Assets, Total	10M	25M	143M	176M	40M
Total Assets	35.76B	55.73B	71.34B	65.08B	61.82B
Liabilities
Accounts Payable, Total	291M	848M	1.27B	1.23B	1.2B
Accrued Expenses, Total	1.7B	1.4B	1.53B	1.16B	1.02B
Short-term Borrowings	32M	101M	108M	128M	105M
Current Portion of Long-Term Debt	63M	56M	133M	419M	437M
Current Portion of Leases	-	54M	63M	54M	45M
Current Income Taxes Payable	-	21M	7M	76M	31M
Unearned Revenue Current, Total	-	82M	143M	109M	178M
Other Current Liabilities	64M	1.45B	1.15B	1.23B	1.6B
Total Current Liabilities	2.15B	4.01B	4.41B	4.4B	4.62B
Long-Term Debt	3.51B	7.94B	15.66B	15.62B	15.62B
Long-Term Leases	184M	173M	200M	150M	126M
Unearned Revenue Non Current	-	-	16M	9M	62M
Pension & Other Post Retirement Benefits	-	2M	2M	-	-
Deferred Tax Liability Non Current	187M	195M	208M	83M	74M
Other Non Current Liabilities	424M	225M	313M	186M	33M
Total Liabilities	6.45B	12.54B	20.82B	20.45B	20.53B
Common Stock, Total	606M	95M	177M	177M	294M
Additional Paid In Capital	-	517M	39.01B	39.01B	24.22B
Retained Earnings	30.42B	36.64B	58.2B	61.21B	66.18B
Treasury Stock	-	-	-6.41B	-10.04B	-2.56B
Comprehensive Income and Other	-1.92B	5.82B	-40.56B	-45.76B	-46.87B
Total Common Equity	29.1B	43.07B	50.42B	44.59B	41.26B
Minority Interest	214M	117M	102M	32M	32M
Total Equity	29.31B	43.19B	50.52B	44.62B	41.29B
Total Liabilities And Equity	35.76B	55.73B	71.34B	65.08B	61.82B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.54B	3.52B	3.1B	3.07B	2.5B
ECS Total Common Shares Outstanding	3.54B	3.52B	3.1B	3.07B	2.5B
Book Value / Share	8.22	12.25	16.29	14.53	16.53
Tangible Book Value	26.09B	40.18B	46.12B	42.81B	39.91B
Tangible Book Value Per Share	7.36	11.43	14.9	13.95	15.99
Total Debt	3.79B	8.32B	16.17B	16.37B	16.33B
Net Debt	-4.27B	2.29B	2.6B	-4.5B	-2.66B
Debt Equivalent Oper. Leases	-	8M	24M	32M	32M
Minority Interest, Total (Incl. Fin. Div)	214M	117M	102M	32M	32M
Equity Method Investments, Total	22.3B	40.71B	44.6B	36B	34.83B
Account Code - Inventory Valuation	3	6	6	5	5
Inventories - Others	-	330M	484M	349M	279M
Land - (BS)	-	388M	536M	511M	516M
Machinery, Total	-	177M	304M	279M	275M
Full Time Employees	20K	23.94K	30.41K	22.63K	21.05K
Accumulated Allowance for Doubtful Accounts (Supple)	-	28M	28M	70M	31M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	3.82B	7.45B	18.73B	10.11B	6.61B
Depreciation & Amortization - CF	80M	93M	116M	102M	88M
Amortization of Goodwill and Intangible Assets - (CF)	94M	111M	94M	88M	71M
Depreciation & Amortization, Total	174M	204M	210M	190M	159M
Amortization of Deferred Charges, Total - (CF)	9M	27M	43M	-	11M
(Gain) Loss From Sale Of Asset	-	-	-	-19M	5M
(Gain) Loss on Sale of Investments - (CF)	-	-970M	-10.74B	-5.63B	-4.33B
Asset Writedown & Restructuring Costs	-	68M	246M	751M	374M
(Income) Loss On Equity Investments - (CF)	-	-7.1B	-9.26B	-5.17B	-2.81B
Stock-Based Compensation (CF)	-	729M	254M	-65M	260M
Net Cash From Discontinued Operations	-	-	-	145M	-89M
Other Operating Activities, Total	-4.22B	-146M	399M	-251M	967M
Change In Accounts Receivable	-	-56M	-208M	-53M	57M
Change In Inventories	-	-99M	-190M	82M	44M
Change In Accounts Payable	-	48M	-96M	-210M	-207M
Cash from Operations	-209M	159M	-605M	-120M	1.04B
Capital Expenditure	-97M	-105M	-212M	-229M	-42M
Sale of Property, Plant, and Equipment	-	4M	8M	11M	10M
Cash Acquisitions	-865M	-2.44B	-3.18B	-18M	-2M
Divestitures	109M	27M	20M	2.06B	193M
Sale (Purchase) of Intangible assets	-	-16M	-30M	-34M	-24M
Investment in Marketable and Equity Securities, Total	3.12B	-369M	7.83B	10.83B	56M
Other Investing Activities, Total	-	-321M	-45M	25M	18M
Cash from Investing	2.27B	-3.22B	4.39B	12.64B	209M
Long-Term Debt Issued, Total	1.3B	4.59B	9.56B	104M	59M
Total Debt Issued	1.3B	4.59B	9.56B	104M	59M
Short Term Debt Repaid, Total	-58M	-	-	-	-
Long-Term Debt Repaid, Total	-1.08B	-203M	-1.67B	-107M	-159M
Total Debt Repaid	-1.13B	-203M	-1.67B	-107M	-159M
Issuance of Common Stock	-	-	66M	-	-
Repurchase of Common Stock	-	-1.42B	-5B	-10.52B	-7.28B
Common Dividends Paid	-	-214M	-238M	-191M	-199M
Common & Preferred Stock Dividends Paid	-	-214M	-238M	-191M	-199M
Other Financing Activities, Total	-149M	-311M	-324M	-1.74B	-540M
Cash from Financing	17M	2.45B	2.4B	-12.45B	-8.12B
Foreign Exchange Rate Adjustments	-37M	22M	-124M	-69M	-165M
Miscellaneous Cash Flow Adjustments	-19M	-	-	-94M	-350M
Net Change in Cash	2.02B	-587M	6.07B	-91M	-7.38B
Supplemental Items
Cash Interest Paid	230M	248M	381M	551M	557M
Cash Income Tax Paid (Refund)	110M	105M	189M	107M	138M
Levered Free Cash Flow	429M	1.87B	-671M	-1.83B	-424M
Unlevered Free Cash Flow	568M	2.03B	-419M	-1.48B	-75.38M
Change In Net Working Capital	-250M	-1.79B	273M	980M	335M
Net Debt Issued / Repaid	166M	4.39B	7.89B	-3M	-100M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	-1.09	-1.32	-0.65	-0.53	-0.16
Return on Total Capital	-1.18	-1.42	-0.7	-0.57	-0.18
Return On Equity %	13.1	20.41	39.68	19.93	15.97
Return on Common Equity	13.57	20.64	40.07	20.14	16.02
Margin Analysis
Gross Profit Margin %	34.62	32.47	30.03	28.74	40.64
SG&A Margin	52.91	51.09	40.18	38.99	43.68
EBITDA Margin %	-12.82	-15.99	-7.49	-8	-0.15
EBITA Margin %	-15.23	-16.65	-8.21	-8.59	-1.76
EBIT Margin %	-18.05	-18.82	-9.58	-10.11	-3.05
Income From Continuing Operations Margin %	111.56	144.62	270.81	164.44	125.48
Net Income Margin %	114.83	145.6	272.84	175.4	120.83
Net Avail. For Common Margin %	114.83	145.6	272.84	166	125.77
Normalized Net Income Margin	67.58	75.91	78.78	51.33	35.4
Levered Free Cash Flow Margin	12.88	36.46	-9.77	-31.73	-7.75
Unlevered Free Cash Flow Margin	17.07	39.66	-6.11	-25.71	-1.38
Asset Turnover
Asset Turnover	0.1	0.11	0.11	0.08	0.09
Fixed Assets Turnover	12.81	12.48	13.12	9.42	9.31
Receivables Turnover (Average Receivables)	27.07	39.2	32.23	27.92	9.39
Inventory Turnover (Average Inventory)	12.06	12.94	12.15	10.35	10.96
Short Term Liquidity