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Boom Logistics Ltd (AU:BOL)
ASX:BOL
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Boom Logistics Ltd (BOL) AI Stock Analysis

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AU

Boom Logistics Ltd

(Sydney:BOL)

Rating:68Neutral
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 (BOL) vs. iShares MSCI Australia ETF (EWA)

Boom Logistics Ltd Business Overview & Revenue Model

Company DescriptionBoom 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 MoneyBoom 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
75
Positive
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
70
Positive
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
80
Positive
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.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue259.23M205.87M215.84M173.25M185.53M
Gross Profit182.94M16.64M18.52M13.90M6.47M
EBITDA42.74M33.45M41.33M35.66M23.86M
Net Income6.61M-5.16M3.79M1.23M-16.96M
Balance Sheet
Total Assets242.58M207.28M190.78M196.62M191.97M
Cash, Cash Equivalents and Short-Term Investments6.32M2.44M2.41M2.35M2.13M
Total Debt81.67M63.61M47.41M48.19M41.60M
Total Liabilities131.56M101.75M80.56M83.89M76.69M
Stockholders Equity111.02M105.53M110.23M112.73M115.27M
Cash Flow
Free Cash Flow21.19M24.18M30.25M9.20M26.57M
Operating Cash Flow36.28M31.06M35.41M23.91M28.75M
Investing Cash Flow-2.66M735.00K-2.25M-9.89M2.42M
Financing Cash Flow-29.75M-31.76M-33.10M-13.80M-30.49M

Boom Logistics Ltd Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.36
Price Trends
50DMA
1.41
Negative
100DMA
1.45
Negative
200DMA
1.41
Negative
Market Momentum
MACD
-0.01
Negative
RSI
47.92
Neutral
STOCH
41.77
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

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUCLX
72
Outperform
AU$147.80M9.2912.68%5.45%6.34%8.63%
AUKPG
69
Neutral
AU$487.61M45.8747.43%0.08%26.03%220.33%
AUBOL
68
Neutral
€55.72M2.5918.38%10.70%
65
Neutral
$10.85B15.555.22%1.89%3.09%-26.84%
AUVEE
64
Neutral
AU$116.94M25.908.82%0.53%9.97%-22.07%
AUSSH
62
Neutral
AU$10.11M11.909.53%11.60%
AUCUP
59
Neutral
AU$160.02M35.964.83%3.65%46.62%-49.62%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:BOL
Boom Logistics Ltd
1.37
-0.08
-5.80%
AU:SSH
SSH Group Ltd.
0.12
0.05
71.43%
AU:CUP
Countplus Limited
0.96
0.42
77.78%
AU:CLX
CTI Logistics Limited
1.84
0.52
39.39%
AU:VEE
Veem Ltd
0.86
-0.91
-51.41%
AU:KPG
Kelly Partners Group Holdings Ltd.
11.32
3.40
42.93%

Boom Logistics Ltd Corporate Events

Boom Logistics Announces Cessation of Securities
Jul 2, 2025

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
Jun 26, 2025

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
May 5, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 30, 2025