Southern Cross Austereo create audio content for distribution on broadcast (AM, FM and DAB radio) and digital networks. The Group also broadcasts free-to-air television content in regional markets. These media assets are monetised via revenue generated from the development and sale of advertising solutions for clients.
Australian Securities Exchange: SXL
Southern Cross Austereo
Comparative Analysis
Income Statement
| ($ Thousands) | 2021 | 2022 | +/- ($) | +/- (%) |
|---|
| Revenue | 528,649.0 | 519,682.0 | -8,967.0 | -1.7% |
|---|
| Less: Cost of Goods Sold | 305,955.0 | 325,094.0 | 19,139.0 | 6.3% |
|---|
| Gross Profit | 222,694.0 | 194,588.0 | -28,106.0 | -12.6% |
|---|
| Less: Operating Costs | 129,528.0 | 140,859.0 | 11,331.0 | 8.7% |
|---|
| Operating Profit | 93,166.0 | 53,729.0 | -39,437.0 | -42.3% |
|---|
| Less: Financing Costs | 21,884.0 | 267,797.0 | 245,913.0 | 1,123.7% |
|---|
| Profit Before Tax | 71,282.0 | -214,068.0 | -285,350.0 | -400.3% |
|---|
| Less: Income Tax | 23,186.0 | -60,346.0 | -83,532.0 | -360.3% |
|---|
| Net Profit | 48,096.0 | -153,722.0 | -201,818.0 | -419.6% |
|---|
Balance Sheet
| ($ Thousands) | 2021 | 2022 | +/- ($) | +/- (%) |
|---|
| Current Assets | 174,107.0 | 153,818.0 | -20,289.0 | -11.7% |
|---|
| Non Current Assets | 1,152,734.0 | 917,506.0 | -235,228.0 | -20.4% |
|---|
| Total Assets | 1,326,841.0 | 1,071,324.0 | -255,517.0 | -19.3% |
|---|
|
| Current Liabilities | 97,345.0 | 82,789.0 | -14,556.0 | -15.0% |
|---|
| Non Current Liabilities | 586,977.0 | 528,128.0 | -58,849.0 | -10.0% |
|---|
| Total Liabilities | 684,322.0 | 610,917.0 | -73,405.0 | -10.7% |
|---|
|
| Equity | 642,519.0 | 460,407.0 | -182,112.0 | -28.3% |
|---|
Cash Flow Statement
| ($ Thousands) | 2021 | 2022 | +/- ($) | +/- (%) |
|---|
| Cash Flow from Operating Activities | 116,160.0 | 54,210.0 | -61,950.0 | -53.3% |
|---|
| Cash Flow from Investing Activities | -11,403.0 | -30,348.0 | -18,945.0 | 166.1% |
|---|
| Cash Flow from Financing Activities | -300,768.0 | -49,820.0 | 250,948.0 | -83.4% |
|---|
| Net Cash Flow | -196,011.0 | -25,958.0 | 170,053.0 | -86.8% |
|---|
| Foreign Exchange Movements | 0.0 | 0.0 | 0.0 | 0.0% |
|---|
| Cash at the Beginning of the Period | 271,431.0 | 75,420.0 | -196,011.0 | -72.2% |
|---|
| Cash at the End of the Period | 75,420.0 | 49,462.0 | -25,958.0 | -34.4% |
|---|
Ratio Analysis
Profitability
| | 2021 | 2022 | +/- |
|---|
| Gross Margin | 42.1% | 37.4% | -4.7% |
|---|
| Operating Margin | 17.6% | 10.3% | -7.3% |
|---|
| Net Margin | 9.1% | -29.6% | -38.7% |
|---|
Index
Sector
Industry Group
Management Effectiveness
| | 2021 | 2022 | +/- |
|---|
| Current Ratio | 1.8 | 1.9 | 0.1 |
|---|
| Debt to Equity Ratio | 1.1 | 1.3 | 0.3 |
|---|
| Return on Assets | 3.6% | -14.3% | -18.0% |
|---|
| Return on Equity | 7.5% | -33.4% | -40.9% |
|---|
Index
Sector
Industry Group
Valuation
| | 2021 | 2022 | +/- ($,#) | +/- (%) |
|---|
| Share Price | $2.09 | $1.00 | -$1.09 | -52.4% |
|---|
| Ordinary Shares (Thousands) | 264,214 | 260,848 | -3,366 | -1.3% |
|---|
| Market Value ($ Thousands) | $552,207.32 | $259,543.55 | -$292,663.76 | -53.0% |
|---|
|
| Dividends per Share | $0.00 | $0.10 | $0.10 | 0.0% |
|---|
| Dividend Yield | 0.0% | 9.7% | | 9.7% |
|---|
|
| Revenue per Share | $2.00 | $1.99 | -$0.01 | -0.4% |
|---|
| Earnings per Share | $0.18 | -$0.59 | -$0.77 | -423.7% |
|---|
| Equity per Share | $2.43 | $1.77 | -$0.67 | -27.4% |
|---|
|
| Price to Sales Ratio | 1.0 | 0.5 | -0.5 | |
|---|
| Price to Earnings Ratio | 11.5 | 0.0 | -11.5 | |
|---|
| Price to Book Ratio | 0.9 | 0.6 | -0.3 | |
|---|
Index
Sector
Industry Group
