Top Page
Silk Logistics Holdings Ltd.
(Sydney:SLH)
Silk Logistics Holdings Ltd. (SLH) vs. S&P 500 (SPY)
Silk Logistics Holdings Ltd. Business Overview & Revenue Model
Silk Logistics Holdings Ltd. Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 556.40M | 488.58M | 394.73M | 323.31M | 251.49M | Gross Profit |
| 64.89M | 67.64M | 50.19M | 40.92M | 21.73M | EBIT |
| 28.71M | 32.40M | 20.43M | 23.85M | 3.48M | EBITDA |
| 79.14M | 86.49M | 68.69M | 60.61M | 43.16M | Net Income Common Stockholders |
| 7.42M | 16.40M | 13.36M | 8.39M | -4.32M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 27.16M | 30.48M | 31.96M | 25.26M | 19.82M | Total Assets |
| 553.87M | 411.63M | 315.13M | 292.30M | 291.67M | Total Debt |
| 382.16M | 221.49M | 179.42M | 194.82M | 217.69M | Net Debt |
| 354.99M | 191.01M | 147.46M | 169.56M | 197.87M | Total Liabilities |
| 471.48M | 336.22M | 248.25M | 249.46M | 257.25M | Stockholders Equity |
| 82.39M | 75.41M | 66.89M | 42.84M | 34.41M |
| Cash Flow | Free Cash Flow | |||
| 65.58M | 51.64M | 42.97M | 45.08M | 37.38M | Operating Cash Flow |
| 79.02M | 60.48M | 45.29M | 48.03M | 40.15M | Investing Cash Flow |
| -47.79M | -24.40M | 3.32M | -2.26M | -37.02M | Financing Cash Flow |
| -34.54M | -37.57M | -41.92M | -40.33M | 6.07M |
Silk Logistics Holdings Ltd. Technical Analysis
Silk Logistics Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $29.73B | 23.99 | 26.45% | 2.74% | 3.86% | ― | |
72 Outperform | AU$7.52B | 33.62 | 7.24% | 2.35% | 26.28% | 21.02% | |
69 Neutral | $44.26B | 581.48 | 0.68% | 4.78% | -6.59% | -66.98% | |
68 Neutral | $10.78B | 8.55 | -1.44% | 7.01% | 8.15% | -103.96% | |
64 Neutral | $4.44B | 11.99 | 5.16% | 249.23% | 4.01% | -11.87% | |
64 Neutral | $18.88B | 17.99 | 5.94% | 4.87% | 5.05% | 500.30% | |
60 Neutral | AU$134.15M | 22.84 | -1.11% | 2.58% | 11.01% | -106.43% |
Silk Logistics Holdings Ltd. Corporate Events
Silk Logistics Holdings Limited announced an update regarding the earn-out payment for its subsidiary, Secon Freight Logistics Pty Ltd. Due to Secon’s strong performance, the final earn-out payment is expected to be significantly higher than initially estimated, ranging between $20 million and $25 million. This increase is attributed to a surge in uncontracted volumes in early 2025. The company will reassess its capital mix to accommodate this payment, which will not affect its underlying earnings for FY25.
Silk Logistics Holdings Limited announced that the Australian Competition and Consumer Commission (ACCC) has paused its review timeline concerning the proposed acquisition by DP World Australia Limited. The delay is due to the ACCC awaiting further information from both Silk and DP World Australia. Despite this pause, both companies remain committed to the transaction, working towards obtaining necessary regulatory approvals, including those from the ACCC and FIRB, to implement the scheme of arrangement.
Silk Logistics Holdings Limited announced the postponement of its Scheme Meeting, originally scheduled for March 2025, to June 2025, following a decision by the Supreme Court of New South Wales. This meeting is crucial for the proposed scheme of arrangement under which DP World Australia Limited intends to acquire all issued shares of Silk. The rescheduling impacts the timeline for shareholder voting and subsequent court approvals, potentially affecting the company’s acquisition process and its stakeholders.
Silk Logistics Holdings Ltd. has announced an update regarding its proposed acquisition by DP World Australia Limited. The Australian Competition and Consumer Commission (ACCC) has released a Statement of Issues concerning the acquisition, with a final decision expected by June 2025. The company is considering postponing its Scheme Meeting due to regulatory delays and remains committed to the transaction, with its board recommending shareholders vote in favor of the scheme.
Silk Logistics Holdings Limited announced the postponement of its Scheme Meeting, originally scheduled for March 7, 2025, to March 28, 2025, following a court order. This delay impacts the timeline for shareholder voting on the Scheme Resolution and subsequent steps in the scheme’s implementation, including the transfer of shares to DP World Australia. The company will keep stakeholders informed of any developments, particularly regarding regulatory approvals.
Silk Logistics Holdings Limited reported a 4.1% increase in revenue for the half-year ending December 29, 2024, compared to the previous year. However, the company experienced a significant decline in underlying net profit after tax (UNPAT), which fell by 68.7% to $2.388 million. The company also reported a net loss of $2.146 million, a stark contrast to the profit of $6.176 million in the previous period. No interim dividend was declared for the current period, reflecting the financial challenges faced by the company. The results were impacted by significant items related to merger and acquisition activities, corporate restructuring costs, and the remeasurement of deferred consideration for previous acquisitions. These financial outcomes highlight the challenges Silk Logistics faces in maintaining profitability amidst strategic changes and market conditions.
Silk Logistics Holdings Ltd. has announced an update regarding its acquisition by DP World Australia through a scheme of arrangement. The company is seeking court approval to adjourn the Scheme Meeting to 28 March 2025, as key regulatory approvals from FIRB and ACCC are still pending. The independent expert has reaffirmed that the scheme is in the best interests of shareholders, and the Silk board continues to recommend voting in favor of the scheme, barring any superior proposals. This acquisition is expected to impact the company’s operations and market positioning significantly, pending regulatory approvals and shareholder agreement.