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Good news for AO.com who returned to growth in Q4 2023. Estimated revenues for the full year to 31 March 2024 are expected to be circa £1.04bn. The core business “continues to trade positively through Q4” and AO.com “has returned to revenue growth during the quarter”. Expect adjusted profit before tax for FY24 to be “at least at the top of the previously guided range of £28-£33m”. At the period end, "we expect to have net funds on a pre IFRS16 basis of over £30m. The Company’s £80m revolving credit facility has been extended with existing lenders to April 2027 on the same terms". John Roberts, CEO and Founder, commented: “I’m pleased with the clear progress that we’re making after pivoting our focus to profit and cash generation during the 2023 financial year. As we expected at our half year results, we returned to revenue growth in our core business during Q4 and, as a result, we’re entering the new financial year with good momentum. With net funds on our balance sheet and a clear plan, we remain confident in our ability to deliver on our ambition for 10-20% revenue growth in the year ahead and medium-term profit guidance of 5% adjusted PBT margin.” AO expects to publish its Full Year Results to 31 March 2024 on 26 June 2024. #growth #smallelectricals #AO

DIFFERENCE BETWEEN EBIDTA AND CASH FLOW: Analysts use several metrics to determine the profitability or liquidity of a company. Earnings before interest, taxes, depreciation, and amortization (EBITDA) is often used as a synonym for cash flow but they differ in important ways. KEY LEARNINGS: 1.Cash flow is a broad term that generally refers to the cash coming into and going out of a company 2. It often refers to operating cash flow (OCF). 3.Cash flow and specifically OCF are meant to determine how a company's core operations are performing. 4.Earnings before interest, taxes, depreciation, and amortization (EBITDA) is another measure of a company's operations. EBITDA doesn't factor in interest or taxes which are both included in operating cash flow. Both EBITDA and OCF add back depreciation and amortization.

EBITDA vs FCF: Understanding the Key Differences When analyzing a company's financial health, two crucial metrics come into play: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) and FCF (Free Cash Flow). Let's break it down: EBITDA: - Pros: Highlights profitability, excludes non-cash items - Cons: Ignores capital expenditures, working capital needs FCF: - Pros: Reflects cash generation, accounts for capital expenditures - Cons: Can be influenced by working capital changes In short, EBITDA measures profitability, while FCF measures cash generation. Both are essential, but FCF provides a more comprehensive picture of a company's financial health. Example: A company with high EBITDA but negative FCF may be profitable but struggle with cash flow. #EBITDA #FCF #FinancialAnalysis #CashFlow #Profitability

The template allows to calculate the net present value (NPV), internal rate of return (IRR) and payback period from simple cash flow stream

𝐒𝐜𝐡𝐫𝐨𝐝𝐞𝐫 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐓𝐫𝐮𝐬𝐭 𝐏𝐋𝐂: NAV and Quarterly Dividend   The direct property portfolio has been independently valued at €208.3m (A marginal increase of €0.2m) as of 30 June 2024. The value underpins, particularly for industrial and retail assets, are supported by a 96% occupation rate across approximately 50 tenants.   𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:   🔷 Retail portfolio: 𝘝𝘢𝘭𝘶𝘢𝘵𝘪𝘰𝘯 𝘶𝘱 𝘣𝘺 1.9% (€0.8𝘮).   🔷 Industrial Portfolio: 𝘝𝘢𝘭𝘶𝘢𝘵𝘪𝘰𝘯 𝘶𝘱 𝘣𝘺 0.8% (€0.6𝘮).   🔷 Office portfolio: 𝘝𝘢𝘭𝘶𝘢𝘵𝘪𝘰𝘯 𝘥𝘰𝘸𝘯 𝘣𝘺 -€0.7𝘮 (-0.8%).   🔷 NAV: 𝘜𝘯𝘢𝘶𝘥𝘪𝘵𝘦𝘥 𝘕𝘈𝘝 𝘴𝘵𝘢𝘯𝘥𝘴 𝘢𝘵 €164.0𝘮 (122.6 𝘦𝘶𝘳𝘰 𝘤𝘱𝘴), 𝘳𝘦𝘧𝘭𝘦𝘤𝘵𝘪𝘯𝘨 𝘢 𝘴𝘭𝘪𝘨𝘩𝘵 𝘥𝘦𝘤𝘳𝘦𝘢𝘴𝘦 𝘧𝘳𝘰𝘮 €165.3𝘮 (123.6 𝘦𝘶𝘳𝘰 𝘤𝘱𝘴) 𝘢𝘴 𝘢𝘵 31 𝘔𝘢𝘳𝘤𝘩 2024, 𝘮𝘢𝘪𝘯𝘭𝘺 𝘥𝘶𝘦 𝘵𝘰 𝘤𝘢𝘱𝘪𝘵𝘢𝘭 𝘦𝘹𝘱𝘦𝘯𝘥𝘪𝘵𝘶𝘳𝘦 𝘢𝘯𝘥 𝘥𝘦𝘧𝘦𝘳𝘳𝘦𝘥 𝘵𝘢𝘹𝘦𝘴. The REIT’s Loan-to-Value (LTV) ratio is approximately 33% based on gross asset values, and this drops to about 25% when adjusted for cash reserves. The third quarterly interim dividend of 1.48 euro cents per share is fully covered by EPRA earnings, reflecting an annualised yield of approximately 7.6% based on the share price as at 30 August 2024. Website link👇🏻 https://lnkd.in/d8MW9brM #REIT #PropertyPortfolio #RealEstateNews #PropertyNews #AssetManagement #CommercialRealEstate #ListedCompanies #JSE #PropertyFund #Shareholders #RealEstateInvestment #InvestorRelations #PropertyOwners #Landlords #RealEstateInvestor JSE

CBSL is facing financial challenges due to losses from the DDO process, which involved restructuring T- Bills into longer-term Treasury Bonds. These losses have caused CBSL's net asset value (NAV) to drop below its LKR 50 billion capital funds threshold. https://lnkd.in/gfdNn96T

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a measure of a company's operating performance, providing a snapshot of its profitability before non-operating expenses. It's useful for assessing a company's core profitability and operational efficiency. On the other hand, Free Cash Flow (FCF) represents the cash generated by a business that is available for distribution to investors, debt reduction, or reinvestment in the business. FCF considers operating cash flow and capital expenditures, providing insight into a company's ability to meet financial obligations and pursue growth opportunities. While EBITDA focuses on earnings, excluding certain expenses, Free Cash Flow emphasizes the actual cash generated and its availability for various uses. Both metrics offer valuable perspectives, with EBITDA providing a profitability lens and Free Cash Flow offering insights into a company's cash-generating capabilities and financial flexibility. #financeinsights# 71-888282

Net profit of VTB under IFRS down 4.4% in 1H to $3.2 bln The group’s assets rose by 6.6% in the reporting period to 31.3 trillion rubles ($362 bln) MOSCOW, July 30/ Net profit of VTB Group under International Financial Reporting Standards (IFRS) decreased by 4.4% in the first half of 2024 year-on-year to 277.1 bln rubles ($3.2 bln), Deputy Chairman of the Management Board Dmitry Pianov said during a telephone conference with reporters. "In the first half of the year VTB Group earned 277 bln rubles worth of net profit, which is in line with return on investment of 24.3%," he said. The group’s assets rose by 6.6% in the reporting period to 31.3 trillion rubles ($362 bln). As of June 30, 2024 the group’s aggregate customer funds were up by 6.2% at 23.7 trillion rubles ($274 bln). #business #finance #financialservices

The income approach takes into consideration the company’s level of earnings using a capitalization rate, discount rate or multiplier. Several income approach methods are frequently used. Each method requires a level of earnings and a conversion factor to translate the earnings into a company’s value. Selecting the proper level of earnings – after-tax, pretax, discretionary or cash flow – and matching it with the proper conversion factor – discount rate, cap rate or a multiplier – is critical to calculating a reasonable value. #IBBA #BusinessValuation #IncomeApproach #FinancialAnalysis #ExpertValuation

Cash flow, discounting rate. Watch the full video, 👉https://lnkd.in/dm5P45Vs #aifpms #aif #pms #aiffunds #pmsfunds #aifperformance #pmsperformance