Financials Spirit Technology Solutions Ltd

Equities

ST1

AU000000ST15

IT Services & Consulting

Market Closed - Australian S.E. 09:52:18 2024-04-28 pm EDT 5-day change 1st Jan Change
0.049 AUD +2.08% Intraday chart for Spirit Technology Solutions Ltd 0.00% -38.75%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 59.72 71.85 103.4 169.6 35.23 36.78
Enterprise Value (EV) 1 59.89 72.67 101.9 175.1 39.53 59.2
P/E ratio 94.3 x -73.1 x -56.6 x 125 x -0.66 x -2.99 x
Yield - - - - - -
Capitalization / Revenue 3.67 x 4.13 x 3 x 1.65 x 0.26 x 0.29 x
EV / Revenue 3.68 x 4.17 x 2.96 x 1.7 x 0.29 x 0.47 x
EV / EBITDA 20.7 x 60.5 x 60.3 x 24 x 13.5 x 118 x
EV / FCF -31.6 x -27.2 x -179 x 8.03 x 38.7 x -6.05 x
FCF Yield -3.16% -3.68% -0.56% 12.5% 2.58% -16.5%
Price to Book 3.85 x 3.26 x 2.72 x 1.55 x 0.59 x 0.69 x
Nbr of stocks (in thousands) 243,760 305,724 430,909 652,292 664,724 735,605
Reference price 2 0.2450 0.2350 0.2400 0.2600 0.0530 0.0500
Announcement Date 8/27/18 8/26/19 8/17/20 8/24/21 8/24/22 8/29/23
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 16.26 17.41 34.43 102.8 135.3 127.1
EBITDA 1 2.888 1.2 1.689 7.292 2.931 0.501
EBIT 1 1.624 -0.5012 -1.061 2.843 -1.613 -1.47
Operating Margin 9.99% -2.88% -3.08% 2.77% -1.19% -1.16%
Earnings before Tax (EBT) 1 1.031 -1.009 -2.042 1.345 -55.04 -13.92
Net income 1 0.5706 -0.8237 -1.515 1.157 -53.17 -11.39
Net margin 3.51% -4.73% -4.4% 1.13% -39.28% -8.96%
EPS 2 0.002599 -0.003215 -0.004241 0.002085 -0.0808 -0.0167
Free Cash Flow 1 -1.893 -2.671 -0.5702 21.81 1.021 -9.78
FCF margin -11.64% -15.34% -1.66% 21.22% 0.75% -7.69%
FCF Conversion (EBITDA) - - - 299.11% 34.82% -
FCF Conversion (Net income) - - - 1,885.14% - -
Dividend per Share - - - - - -
Announcement Date 8/27/18 8/26/19 8/17/20 8/24/21 8/24/22 8/29/23
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2022 S1
Net sales 12.3 22.6 -
EBITDA 1.607 2.12 -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) - - -
Net income 1 - - 0.003
Net margin - - -
EPS 2 - - -
Dividend per Share - - -
Announcement Date 2/25/20 8/17/20 2/24/22
1AUD in Million2AUD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 0.17 0.82 - 5.53 4.3 22.4
Net Cash position 1 - - 1.51 - - -
Leverage (Debt/EBITDA) 0.0585 x 0.6858 x - 0.758 x 1.466 x 44.75 x
Free Cash Flow 1 -1.89 -2.67 -0.57 21.8 1.02 -9.78
ROE (net income / shareholders' equity) 5.31% -4.39% -5.04% 1.57% -62.9% -20.2%
ROA (Net income/ Total Assets) 5.92% -1.2% -1.55% 1.56% -0.67% -0.76%
Assets 1 9.632 68.85 97.55 73.98 7,933 1,504
Book Value Per Share 2 0.0600 0.0700 0.0900 0.1700 0.0900 0.0700
Cash Flow per Share 2 0.0200 0.0100 0.0100 0.0100 0.0200 0.0100
Capex 1 2.77 4.21 5.83 3.48 3 0.37
Capex / Sales 17.01% 24.16% 16.92% 3.39% 2.22% 0.29%
Announcement Date 8/27/18 8/26/19 8/17/20 8/24/21 8/24/22 8/29/23
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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