Company DescriptionCorporate Travel Management Limited, a travel management solutions company, manages the purchase and delivery of travel services for the corporate market. It operates through four segments: Australia and New Zealand, North America, Asia, and Europe. The company provides corporate and event travel management, leisure travel, loyalty travel, and wholesale travel services. Corporate Travel Management Limited was founded in 1994 and is based in Brisbane, Australia.

How the Company Makes Money

Corporate Travel Management Limited Financial Statement Overview

Summary

Corporate Travel Management Limited has shown a commendable financial recovery and improvement across its income statement, balance sheet, and cash flow metrics. The company improved profitability margins, maintained a strong equity base, and generated significant cash flows, which positions it well in the Travel Services industry.

Income Statement

Positive

Corporate Travel Management Limited has shown a strong recovery in its income statement metrics. The Gross Profit Margin improved significantly from negative figures in 2021 to 40.36% in 2024, indicating effective cost management. Net Profit Margin also recovered to 11.93% in 2024 from losses in previous years, and revenue growth was steady with a 8.82% increase from 2023 to 2024. The EBIT Margin of 16.94% and EBITDA Margin of 25.43% in 2024 suggest improved operational efficiency. Overall, the company has managed to turn around its financial performance effectively.

Balance Sheet

Positive

The company maintains a strong Balance Sheet with a Debt-to-Equity Ratio of 0.03, indicating low leverage and financial stability. The Return on Equity (ROE) is 7.19% for 2024, showing a moderate return on shareholders' equity. The Equity Ratio is high at 69.81%, reflecting a solid equity base and low reliance on debt. The company has consistently maintained a healthy equity position over the years, which supports its growth trajectory.

Cash Flow

Positive

Corporate Travel Management Limited demonstrated strong cash flow generation, with a significant increase in Free Cash Flow from the previous year. The Free Cash Flow Growth Rate was 179.52% from 2023 to 2024, and the Operating Cash Flow to Net Income Ratio was 1.50, indicating robust cash generation relative to net income. The Free Cash Flow to Net Income Ratio of 1.44 further suggests effective cash management. Overall, the company's cash flow statements reflect strong liquidity and operational efficiency.

TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Breakdown
Income Statement		Total Revenue
688.49M	707.67M	650.40M	377.36M	174.05M	316.36M
	Gross Profit
271.22M	285.68M	129.66M	23.37M	-69.56M	19.73M
	EBIT
90.95M	119.91M	103.06M	-7.22M	-90.33M	-11.96M
	EBITDA
105.80M	179.99M	162.20M	37.21M	-31.48M	40.38M
	Net Income Common Stockholders
63.50M	84.45M	77.57M	3.10M	-55.35M	-8.19M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
86.33M	134.77M	150.99M	142.05M	99.02M	92.84M
	Total Assets
946.97M	1.64B	1.76B	1.55B	1.16B	782.16M
	Total Debt
78.50M	38.78M	38.41M	48.35M	46.38M	53.09M
	Net Debt
-7.83M	-95.99M	-112.58M	-93.70M	-52.64M	-39.75M
	Total Liabilities
339.08M	452.41M	572.38M	467.03M	309.54M	224.07M
	Stockholders Equity
584.35M	1.17B	1.17B	1.07B	836.06M	538.83M
Cash Flow		Free Cash Flow
92.03M	121.63M	43.49M	47.95M	-75.70M	57.02M
	Operating Cash Flow
95.47M	126.77M	80.30M	73.92M	-60.36M	79.25M
	Investing Cash Flow
-44.20M	-46.73M	-45.70M	-114.71M	-289.39M	-45.69M
	Financing Cash Flow
-111.20M	-94.40M	-27.73M	88.92M	359.08M	-74.60M

Corporate Travel Management Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (62)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTMLF		$1.33B	31.03	5.40%	1.61%	―	―
Sector *	62 Neutral	$6.88B	11.32	2.90%	3.87%	2.70%	-24.57%
BWNAF		$5.40M	―	-296.60%	―	―	―
FGETF		$1.91B	25.16	9.61%	3.15%	―	―
QUBSF		$10.53B	12.56	321.42%	2.49%	―	―
WEBJF		$1.18B	2.76	1.65%	―	―	―
ID9		€138.84M	7.91	7.99%	10.95%	―	―

* Consumer Cyclical Sector Average

Performance Comparison

CTMLF

Corporate Travel Management Limited

9.00

0.29

3.33%

BWNAF

Verity Resources

0.02

0.00

0.00%

FGETF

Flight Centre Travel Group Limited

8.62

-3.92

-31.26%

QUBSF

Qantas Airways Limited

7.00

3.02

75.88%

WEBJF

WEB Travel Group

0.93

-3.47

-78.86%

DE:ID9

Helloworld Travel Ltd

0.78

-0.38

-32.76%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.