CAGR= Compound Annual Growth Rate
EPS= Earnings per share
EV= Enterprise value (derived by adding debt on top of MC)
FCF= Free Cash Flow
MC= Market Capitalisation
OCF= Operating Cashflow
HY= Half Yearly Report
SRV FY out. Revenue up 15% to $277m (9% in constant currency). NPAT up 27% to $33m, OCF=$60m. Occupancy= 79%, margins= 14.8%. 145 floors. $114m in cash. Depreciation =$18m. ROE=15%. The cashflow is real, as SRV does not capitalise anything other than costs for new floors or floor expansions.
26 August 2015
SPZ FY out. Still burning cash and making losses. Although there is recurring revenue, the business model does not show any compelling customer lock-in.
CTE FY out. Investments continue to eat into NPAT. Cashflow second half has suffered consequently. Revenue has increased, but not as much as expected given investments last year.
UOS HY out.
27 August 2015