Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
217.67M | 144.37M | 147.07M | 308.39M | 242.44M | 284.30M | Gross Profit |
175.16M | 100.78M | 105.19M | 238.74M | 180.74M | 206.05M | EBIT |
142.67M | 62.03M | 58.55M | 85.94M | 169.45M | 175.00M | EBITDA |
138.78M | -204.10M | -193.78M | 89.24M | 171.75M | 176.80M | Net Income Common Stockholders |
-103.19M | -241.04M | 25.50M | 517.16M | 369.41M | 84.73M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
40.95M | 23.56M | 71.90M | 176.50M | 57.99M | 127.31M | Total Assets |
2.59B | 2.63B | 5.61B | 5.41B | 4.06B | 3.34B | Total Debt |
943.07M | 939.33M | 1.01B | 1.71B | 988.52M | 1.01B | Net Debt |
902.12M | 915.77M | 934.61M | 1.53B | 930.53M | 882.45M | Total Liabilities |
1.02B | 1.02B | 2.24B | 1.91B | 1.16B | 1.14B | Stockholders Equity |
1.56B | 1.61B | 3.36B | 3.50B | 2.90B | 2.20B |
Cash Flow | Free Cash Flow | ||||
93.04M | 75.95M | 81.16M | 154.52M | 124.78M | 205.40M | Operating Cash Flow |
46.10M | 75.97M | 89.46M | 158.26M | 131.60M | 205.40M | Investing Cash Flow |
20.32M | 46.00M | -295.51M | -823.50M | -511.66M | -578.67M | Financing Cash Flow |
-72.93M | -202.20M | 101.42M | 783.92M | 310.76M | 411.51M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
61 Neutral | $2.82B | 10.84 | 0.42% | 8439.00% | 5.74% | -20.95% | |
56 Neutral | AU$1.08B | ― | -6.24% | 7.02% | ― | ― | |
$7.24B | 10.95 | 7.73% | 5.23% | ― | ― | ||
$5.80B | 299.75 | 1.03% | 2.51% | ― | ― | ||
$4.92B | ― | -9.22% | 5.87% | ― | ― | ||
$5.90B | ― | -1.94% | 5.16% | ― | ― | ||
$8.50B | 28.53 | 4.54% | 4.58% | ― | ― |
Abacus Property Group has announced that its trusts, Abacus Trust and Abacus Income Trust, are likely to qualify as withholding managed investment trusts starting from July 2025. This change will affect the tax withholding on distributions to non-residents, with a new rate of 15% for countries with an Exchange of Information agreement with Australia, while distributions to Australian-based securityholders remain unaffected. Additionally, the company is evaluating an indicative proposal from Ki Corporation Limited and Public Storage, with an independent board committee formed to assess its merits, although no conclusions have been reached yet.
Abacus Property Group announced that Abacus Storage King has received a non-binding indicative proposal from Ki Corporation Limited and Public Storage to acquire all outstanding stapled securities not already held by Ki. The proposal includes a scheme of arrangement and trust scheme, with securityholders offered A$1.47 per stapled security. If successful, Public Storage would own approximately 50% of ASK’s securities, with the remainder held by Ki. The proposal is contingent on several conditions, including board approvals, regulatory clearances, and tax rulings. This acquisition could significantly impact Abacus’s operations and market positioning, as well as influence stakeholder interests.
Abacus Property Group has announced a change in the interests of its substantial holder, with Calculator Australia Pty Ltd transferring its stake to Ki Corporation Limited. This off-market transfer, valued at approximately $553 million, maintains the voting power of the substantial holder at 49.99%. The transaction reflects a strategic realignment within the group’s stakeholders, potentially impacting its governance and decision-making processes.
Abacus Property Group announced a change in the director’s interest notice, highlighting adjustments in securities held by Director Steven Sewell. The notice reflects an increase in both Long-Term Incentive (LTI) and Short-Term Incentive (STI) rights, indicating a potential alignment of the director’s interests with the company’s long-term strategic goals. This change may influence the company’s governance and stakeholder confidence, as it underscores the director’s commitment to the company’s future growth and performance.
Abacus Property Group announced the issuance of unquoted equity securities as part of an employee incentive scheme. This move, involving the allocation of LTI and STI deferral rights, is aimed at enhancing employee retention and aligning their interests with the company’s long-term goals, potentially impacting its operational dynamics and market positioning.