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Top Shelf International Holdings Ltd.
(Sydney:TSI)
Top Shelf International Holdings Ltd. (TSI) vs. iShares MSCI Australia ETF (EWA)
Top Shelf International Holdings Ltd. Business Overview & Revenue Model
Top Shelf International Holdings Ltd. Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 26.64M | 27.55M | 25.28M | 19.16M | 7.68M | Gross Profit |
| 6.22M | 4.13M | 6.12M | 4.92M | -425.00K | EBIT |
| -16.05M | -30.35M | -18.86M | -12.10M | -5.11M | EBITDA |
| -15.17M | -28.63M | -17.99M | -10.32M | -3.87M | Net Income Common Stockholders |
| -21.17M | -48.29M | -16.44M | -10.74M | -4.83M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 6.96M | 2.85M | 20.13M | 9.47M | 23.52M | Total Assets |
| 83.93M | 79.45M | 105.81M | 77.83M | 67.13M | Total Debt |
| 30.28M | 39.84M | 31.03M | 21.80M | 11.10M | Net Debt |
| 23.32M | 36.99M | 10.90M | 12.33M | -12.42M | Total Liabilities |
| 43.41M | 56.77M | 45.29M | 34.44M | 16.83M | Stockholders Equity |
| 40.52M | 22.67M | 60.51M | 43.39M | 50.30M |
| Cash Flow | Free Cash Flow | |||
| -17.93M | -35.54M | -30.94M | -22.34M | -13.54M | Operating Cash Flow |
| -13.18M | -27.67M | -25.17M | -17.01M | -6.58M | Investing Cash Flow |
| -4.99M | -7.85M | -5.71M | -5.45M | -6.97M | Financing Cash Flow |
| 22.27M | 18.25M | 38.77M | 28.06M | 15.11M |
Top Shelf International Holdings Ltd. Technical Analysis
Top Shelf International Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $225.68M | 3.85 | 5.68% | 12.10% | -15.28% | -60.99% | |
64 Neutral | $8.78B | 14.55 | 4.78% | 173.91% | 3.39% | 2.17% | |
63 Neutral | $6.93B | 45.26 | 3.25% | 5.25% | 22.94% | -40.23% | |
42 Neutral | AU$13.00M | ― | -67.01% | ― | -3.27% | 82.67% | |
39 Underperform | AU$18.78M | ― | -21.08% | ― | ― | 4.90% |
Top Shelf International Holdings Ltd. Corporate Events
Top Shelf International Holdings Ltd announced the departure of CEO Trent Fraser, who will step down following a six-month transition period. The company is undergoing a management refresh to align with its evolving business structure, with Board Chair Julian Davidson stepping in as Acting Executive Chairman. This leadership change marks a new phase for Top Shelf as it continues to focus on its premium Australian spirits market, particularly its innovative agave spirit range.
Top Shelf International Holdings Ltd has successfully completed the sale of its Campbellfield production facility’s assets to Idyll Wine Co Pty Ltd for $8.0 million. This transaction is a significant step in the company’s cost reduction program, enabling the full repayment of its ATO excise liability and reducing other debts. The sale includes various operational assets but excludes the whisky maturation facility. A co-packing arrangement with IDL for ongoing production is now in effect, marking a key phase in Top Shelf’s financial and operational restructuring efforts.
Top Shelf International Holdings Ltd has announced a further postponement of its 2024 Annual General Meeting, now rescheduled to at least June 30, 2025. This delay is due to the company’s ongoing focus on selling its Campbellfield production facility and other pending transactions, which are also affecting the finalization of its financial reports for FY24 and H1FY25. The company plans to keep the market updated on these developments.
Top Shelf International Holdings Ltd announced the resignation of Carlie Hodges as Joint Company Secretary, effective immediately. Harry Pratt will continue as the sole Company Secretary, maintaining responsibility for communications with the ASX. This change in company leadership is part of the company’s ongoing operations and does not indicate any shift in its strategic direction or market focus.
Top Shelf International Holdings Ltd has announced the sale of its Campbellfield production facility to Idyll Wine Co Pty Ltd for $8 million. This sale includes the facility’s operational assets but excludes the whisky maturation and warehouse facility at Somerton. The proceeds will be used to cover transaction costs and reduce company debts, including an ATO excise liability. Top Shelf plans to enter a co-packing arrangement with Idyll Wine Co for its branded products post-sale, which is expected to complete in March 2025, pending customary conditions.
Top Shelf International Holdings Ltd is currently dealing with a debt recovery proceeding initiated by the Australian Taxation Office (ATO) due to an outstanding excise liability of $3.7 million. The ATO has filed an application to wind up one of Top Shelf’s subsidiaries over this debt. The company is actively seeking solutions, including recapitalization strategies and the potential sale of its Campbellfield production facility, to address the liability.