Top Page
Conduit Holdings Ltd
(LSE:CRE)
Conduit Holdings Ltd (CRE) vs. S&P 500 (SPY)
Conduit Holdings Ltd Business Overview & Revenue Model
Conduit Holdings Ltd Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 864.70M | 746.30M | 602.30M | 429.50M | 190.60M | 200.00K | Gross Profit |
| 864.70M | 746.30M | 594.10M | 429.50M | 190.60M | 200.00K | EBIT |
| 267.15M | 0.00 | 192.00M | -88.90M | -41.50M | -4.70M | EBITDA |
| -1.45M | 127.90M | 190.10M | -36.10M | -41.40M | -4.70M | Net Income Common Stockholders |
| 266.40M | 125.60M | 190.80M | -90.50M | -42.00M | -4.60M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 118.10M | 313.20M | 199.80M | 112.90M | 67.50M | 1.05B | Total Assets |
| 1.32B | 1.91B | 1.50B | 1.57B | 1.33B | 1.06B | Total Debt |
| 0.00 | 1.60M | 2.30M | 2.40M | 2.90M | 11.00K | Net Debt |
| -118.10M | -311.60M | -197.50M | -110.50M | -64.60M | -1.05B | Total Liabilities |
| 0.00 | 855.00M | 508.80M | 754.00M | 353.60M | 11.00K | Stockholders Equity |
| 917.10M | 1.05B | 987.40M | 814.40M | 981.20M | 1.05B |
| Cash Flow | Free Cash Flow | ||||
| 455.45M | 406.60M | 308.70M | 202.90M | 47.30M | -3.30M | Operating Cash Flow |
| 457.10M | 407.30M | 309.40M | 203.20M | 48.70M | -3.10M | Investing Cash Flow |
| -167.45M | -219.70M | -148.70M | -77.90M | -1.01B | -100.00K | Financing Cash Flow |
| -105.20M | -69.70M | -73.80M | -79.80M | -30.00M | 1.06B |
Conduit Holdings Ltd Technical Analysis
Conduit Holdings Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | £5.70B | 6.56 | 26.32% | 1.58% | 7.79% | 9.99% | |
77 Outperform | £1.43B | 5.51 | 21.23% | 3.08% | 14.46% | -2.98% | |
74 Outperform | £586.60M | 5.71 | 12.25% | 7.90% | 27.08% | -34.38% | |
68 Neutral | £3.66B | 25.25 | 5.97% | 2.13% | 26.11% | -29.43% | |
64 Neutral | $14.24B | 10.18 | 8.97% | 4.28% | 16.38% | -12.00% |
Conduit Holdings Ltd Corporate Events
Conduit Holdings Limited announced the vesting of common shares for Elaine Whelan, a person discharging managerial responsibilities, as part of deferred share bonus awards from 2021, 2022, and 2023. This transaction resulted in Whelan acquiring 96,156 common shares, increasing her total shareholding to 419,341 shares. The vesting of these shares reflects the company’s ongoing commitment to rewarding its key personnel, potentially impacting stakeholder perceptions and reinforcing its market position.
Conduit Holdings Limited announced the grant of a Long Term Incentive Plan (LTIP) award to Gregory Roberts, a person discharging managerial responsibilities within the company. Roberts has been awarded 87,478 common shares, which will vest on the third anniversary of the grant date, contingent upon continued employment. This move is part of the company’s remuneration strategy, aligning with its policy approved at the 2024 AGM. The award is not subject to specific performance conditions but adheres to the LTIP Rules, including provisions for adjustments and clawbacks. This announcement underscores Conduit’s commitment to incentivizing its management team, potentially impacting its operational stability and stakeholder confidence.
Conduit Holdings Limited announced the vesting of common shares for Trevor Carvey, a key managerial figure, as part of deferred share bonus awards from 2021, 2022, and 2023. This transaction resulted in Carvey acquiring 128,604 shares, increasing his total shareholding to 764,161. This move reflects the company’s ongoing commitment to rewarding its leadership, potentially impacting its market perception and stakeholder confidence.
Conduit Holdings Limited announced the vesting of common shares for Stuart Quinlan, a person discharging managerial responsibilities, as part of deferred share bonus awards from 2021, 2022, and 2023. Quinlan acquired a total of 90,252 Common Shares, increasing his total shareholding to 284,343. This transaction reflects the company’s ongoing commitment to rewarding key personnel, potentially impacting stakeholder perceptions and reinforcing Conduit’s market position.
Conduit Holdings Limited has announced the grant of a Long Term Incentive Plan (LTIP) award to Stuart Quinlan, a person discharging managerial responsibilities within the company. Quinlan has been awarded 247,705 common shares, which will vest over a three-year period subject to performance conditions focused on growth in net asset value per share and absolute total shareholder return. This move aligns with Conduit’s strategy to ensure long-term growth and value creation for shareholders, reflecting the company’s commitment to rewarding performance and maintaining its competitive position in the reinsurance industry.
Conduit Holdings Limited announced the grant of a Long Term Incentive Plan (LTIP) award to Elaine Whelan, a person discharging managerial responsibilities, consisting of 362,267 common shares. The award is contingent on performance conditions related to growth in net asset value per share and total shareholder return, with vesting occurring over a three-year period. This initiative underscores Conduit’s commitment to aligning managerial incentives with shareholder value creation, potentially impacting its operational focus and stakeholder interests.
Conduit Holdings Limited announced the vesting of common shares for Gregory Roberts, a person discharging managerial responsibilities, as part of deferred share bonus awards from 2021, 2022, and 2023. Roberts acquired a total of 93,724 common shares, increasing his total shareholding to 168,286 shares. This transaction reflects the company’s ongoing commitment to rewarding its key personnel and may influence investor perceptions of the company’s internal management incentives.
Conduit Holdings Limited has announced the vesting of common shares for Neil Eckert, a key managerial figure, as part of deferred share bonus awards from 2021 to 2023. This transaction, resulting in Eckert acquiring 81,226 shares, reflects ongoing commitments to managerial incentives and could impact shareholder dynamics by increasing insider ownership.
Conduit Holdings Limited, a non-UK issuer, announced a change in major holdings due to an acquisition or disposal of voting rights by Janus Henderson Group PLC. As of March 12, 2025, Janus Henderson Group’s total voting rights in Conduit Holdings decreased from 5.33% to 4.81%, with 4.51% attached to shares and 0.30% through financial instruments. This adjustment in holdings could impact Conduit’s shareholder dynamics and influence its strategic decisions.
Conduit Holdings Limited, a non-UK issuer, has announced a change in major holdings due to an acquisition or disposal of financial instruments by FIL Limited, a Bermuda-based company. As of March 12, 2025, FIL Limited’s total voting rights in Conduit Holdings increased to 12.097%, up from a previous 11.025%, indicating a strategic adjustment in their investment position. This change could potentially impact Conduit’s market dynamics and stakeholder interests.
Conduit Holdings Ltd has announced a change in its major holdings, with FIL Limited increasing its voting rights in the company to 11.0252% as of March 7, 2025. This acquisition of financial instruments by FIL Limited signifies a strategic move that could impact Conduit’s market positioning and influence its decision-making processes, potentially affecting stakeholders and future company operations.
Conduit Holdings Limited has published its 2024 Annual Report and Accounts, along with its ESG and ClimateWise Reports, following the release of its preliminary results for the same year. This publication is a significant step for the company, reinforcing its commitment to transparency and sustainability, and is likely to impact its stakeholders positively by providing insights into its financial and environmental performance.
Conduit Holdings Limited announced that Neil Eckert, its Executive Chairman, conducted a ‘Bed and SIPP’ transaction involving the sale and repurchase of 50,993 common shares. This transaction, executed on the London Stock Exchange, resulted in a slight increase in the share price upon repurchase. The transaction reflects a strategic financial maneuver by Eckert, maintaining his beneficial ownership interest at 744,676 common shares, which may signal confidence in the company’s future prospects.
Conduit Holdings Limited announced that its CEO, Trevor Carvey, acquired 30,000 common shares on 20 and 21 February 2025, increasing his total shareholding to 635,557 shares. This acquisition reflects a notable increase in insider investment, potentially signaling confidence in the company’s financial health and strategic direction, which may positively influence stakeholder perceptions.
Conduit Holdings Limited announced strong 2024 financial results, with a 24.8% increase in gross premiums written, amounting to $1.16 billion, despite significant industry losses due to events such as California wildfires. The company achieved a 12.7% return on equity and continues to capitalize on a robust balance sheet and favorable market conditions, positioning itself for future growth opportunities. Notably, the company anticipates improved underwriting conditions following recent catastrophic events, which could enhance their market positioning and offer attractive growth opportunities.
Conduit Holdings Ltd announced it will release its 2024 full-year financial results on February 19, 2025. The company will host a virtual presentation for analysts and investors on the same day, followed by a session for retail investors on February 20, 2025. The announcement highlights Conduit’s commitment to transparency and engagement with its stakeholders, providing opportunities for investors to ask questions and gain insights into the company’s financial performance.