Boom Logistics Ltd (BOL) AI Stock Analysis

• Market Cap: €55.72M
• Dividend Yield: N/A
• Average Volume (3M): 33.01K
• Price to Earnings (P/E): 2.6
• Beta (1Y): 0.64
• Revenue Growth: 10.70%
• EPS Growth: N/A
• Country: AU
• Employees: 450
• Sector: Industrials
• Sector Strength: 91
• Industry: Industrial - Distribution
• EPS (TTM): 0.12
• Shares Outstanding: 41,272,330
• 10 Day Avg. Volume: 18,953
• 30 Day Avg. Volume: 33,007
• PEG Ratio: <0.01
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.79
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €1.49
• Price Target Upside: 9.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: AU$1.50 ▲(10.29%Upside)

Boom Logistics Ltd's overall stock score reflects solid financial performance with strong revenue growth and cash flow. However, increased debt levels and mixed technical indicators contribute to some risk. The low P/E ratio suggests valuation potential, but the lack of dividend yield and absence of recent earnings call data limit the attractiveness for certain investors.

Boom Logistics Ltd Business Overview & Revenue Model

Company Description

Boom Logistics Limited provides lifting solutions and labour services to mining and resources, infrastructure and construction, wind, energy, and utilities, industrial maintenance, and telecommunications sectors in Australia. The company operates in two segments, Lifting Solutions and Labour Hire. It offers mobile and crawler cranes for wet and dry hire with short or long term hire facilities; travel towers and access equipment, and associated services. The company also provides special hydraulic mobile cranes and low profile prime movers; access equipment, including boom lifts, knuckle booms, elevated work platforms, and travel towers. In addition, it offers low loaders to transport heavy and large equipment, as well as engineering and project management services. Further, the company provides skilled labors for various trades, such as electricians, boiler makers, mechanics, traditional crane and travel tower operators, riggers, and truck drivers. Its fleet comprises approximately 260 cranes and 120 travel towers. The company was formerly known as The Australian Crane Company and changed its name to Boom Logistics Limited in October 2003. Boom Logistics Limited was incorporated in 2000 and is based in Southbank, Australia.

How the Company Makes Money

Boom Logistics Ltd generates revenue primarily through its equipment hire services, offering a fleet of cranes and other heavy machinery on a rental basis to clients in the construction, mining, and infrastructure industries. The company also earns income from providing tailored engineering solutions and maintenance services, ensuring optimal performance and compliance with safety regulations. Additionally, strategic partnerships and contractual agreements with major industrial players contribute significantly to its revenue streams, allowing Boom Logistics Ltd to maintain a consistent flow of projects and long-term engagements.

Boom Logistics Ltd Financial Statement Overview

Summary

Boom Logistics Ltd exhibits a solid financial performance with notable revenue growth and improved profitability margins. While the increased debt levels require monitoring, the company’s strong cash flow generation supports its financial health. Continued focus on cost management and debt reduction will be crucial to sustaining long-term growth and profitability.

Income Statement

Boom Logistics Ltd has shown a positive trend in revenue growth, with an increase from $205.9M in 2023 to $259.2M in 2024, representing an approximate growth rate of 25.9%. The gross profit margin improved from 8.1% to 10.0%, indicating better cost management. The net profit margin also turned positive, from -2.5% in 2023 to 2.5% in 2024. However, the EBIT margin remains moderate at 4.7%, and this reflects room for efficiency improvements.

Balance Sheet

The company's financial leverage has increased, with a debt-to-equity ratio rising from 0.60 in 2023 to 0.74 in 2024, indicating higher reliance on debt financing. Despite this, the return on equity (ROE) improved significantly, from -4.9% to 5.9%, showing enhanced profitability. The equity ratio decreased slightly to 45.8%, maintaining a stable capital structure, but the rising debt levels pose a potential risk.

Cash Flow

Boom Logistics Ltd's cash flow generation is robust, with operating cash flow increasing from $31.1M to $36.3M, and free cash flow showing positive growth. The operating cash flow to net income ratio is strong, demonstrating effective cash conversion. Despite a decrease in free cash flow from $24.2M to $21.2M, the overall cash flow position is solid, supporting ongoing operations and debt servicing.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	259.23M	205.87M	215.84M	173.25M	185.53M
Gross Profit	182.94M	16.64M	18.52M	13.90M	6.47M
EBITDA	42.74M	33.45M	41.33M	35.66M	23.86M
Net Income	6.61M	-5.16M	3.79M	1.23M	-16.96M
Balance Sheet
Total Assets	242.58M	207.28M	190.78M	196.62M	191.97M
Cash, Cash Equivalents and Short-Term Investments	6.32M	2.44M	2.41M	2.35M	2.13M
Total Debt	81.67M	63.61M	47.41M	48.19M	41.60M
Total Liabilities	131.56M	101.75M	80.56M	83.89M	76.69M
Stockholders Equity	111.02M	105.53M	110.23M	112.73M	115.27M
Cash Flow
Free Cash Flow	21.19M	24.18M	30.25M	9.20M	26.57M
Operating Cash Flow	36.28M	31.06M	35.41M	23.91M	28.75M
Investing Cash Flow	-2.66M	735.00K	-2.25M	-9.89M	2.42M
Financing Cash Flow	-29.75M	-31.76M	-33.10M	-13.80M	-30.49M

Boom Logistics Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.36
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BOL, the sentiment is Neutral. The current price of 1.36 is above the 20-day moving average (MA) of 1.35, below the 50-day MA of 1.41, and below the 200-day MA of 1.41, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 47.92 is Neutral, neither overbought nor oversold. The STOCH value of 41.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:BOL.

Boom Logistics Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLX	72 Outperform	AU$147.80M	9.29	12.68%	5.45%	6.34%	8.63%
KPG	69 Neutral	AU$487.61M	45.87	47.43%	0.08%	26.03%	220.33%
BOL	68 Neutral	€55.72M	2.59	18.38%	―	10.70%	―
Sector *	65 Neutral	$10.85B	15.55	5.22%	1.89%	3.09%	-26.84%
VEE	64 Neutral	AU$116.94M	25.90	8.82%	0.53%	9.97%	-22.07%
SSH	62 Neutral	AU$10.11M	11.90	9.53%	―	11.60%	―
CUP	59 Neutral	AU$160.02M	35.96	4.83%	3.65%	46.62%	-49.62%

Boom Logistics Ltd Corporate Events

Boom Logistics Announces Cessation of Securities

Boom Logistics Ltd announced the cessation of 19,327 performance rights due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could have implications for its financial strategies and stakeholder interests.

Boom Logistics Director Increases Shareholding

Boom Logistics Limited announced a change in the director’s interest, with Damian Banks acquiring an additional 20,000 ordinary shares through an on-market purchase. This acquisition increases his indirect holdings to 500,000 shares, reflecting a strategic move that could signal confidence in the company’s future performance.

Boom Logistics Reports Strong Q3 FY25 Performance Amid Renewables Growth

Boom Logistics Limited reported a strong financial performance for the third quarter of FY25, driven by increased activity in wind farm projects and tight cost management. The company achieved a revenue of $65 million for the quarter, with significant improvements in EBITDA and NPAT. Boom is on track with its strategic initiatives, securing over $35 million in new contracts and maintaining a robust revenue pipeline. The company is committed to delivering sustainable returns to shareholders and has paused its share buy-back program after reaching its target.