Financials Dropsuite Limited

Equities

DSE

AU000000DSE1

IT Services & Consulting

Delayed Australian S.E. 11:07:19 2024-05-13 pm EDT 5-day change 1st Jan Change
0.27 AUD 0.00% Intraday chart for Dropsuite Limited 0.00% -7.02%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 81.93 156.8 124.2 198.4 187.9 - -
Enterprise Value (EV) 1 81.93 135.2 101.9 174.1 160.8 156.5 150.6
P/E ratio -37.2 x -2,300 x 85.7 x 130 x 87.7 x 62.4 x 46.1 x
Yield - - - - - - -
Capitalization / Revenue 11.7 x 13.4 x 6 x 6.48 x 4.64 x 3.71 x 3.1 x
EV / Revenue 11.7 x 11.6 x 4.92 x 5.68 x 3.97 x 3.09 x 2.48 x
EV / EBITDA - 43,762 x 81.4 x 64 x 59.8 x 32.4 x 20.3 x
EV / FCF - 690 x 120 x 81.7 x 58.1 x 36.4 x 25.4 x
FCF Yield - 0.14% 0.83% 1.22% 1.72% 2.75% 3.94%
Price to Book - - - 7.31 x 6.28 x 5.29 x 4.35 x
Nbr of stocks (in thousands) 565,016 681,868 689,892 696,092 696,092 - -
Reference price 2 0.1450 0.2300 0.1800 0.2850 0.2700 0.2700 0.2700
Announcement Date 2/24/21 2/27/22 2/27/23 2/27/24 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7.026 11.71 20.69 30.63 40.48 50.65 60.62
EBITDA 1 - 0.00309 1.251 2.72 2.69 4.825 7.415
EBIT 1 - -0.0344 1.191 0.879 2.54 4.65 7.215
Operating Margin - -0.29% 5.76% 2.87% 6.28% 9.18% 11.9%
Earnings before Tax (EBT) 1 - - 1.45 1.584 2.636 4.146 6.323
Net income 1 - -0.0312 1.45 1.584 2.622 3.948 5.514
Net margin - -0.27% 7.01% 5.17% 6.48% 7.79% 9.1%
EPS 2 -0.003900 -0.000100 0.002100 0.002200 0.003080 0.004330 0.005860
Free Cash Flow 1 - 0.1959 0.85 2.13 2.767 4.3 5.933
FCF margin - 1.67% 4.11% 6.95% 6.84% 8.49% 9.79%
FCF Conversion (EBITDA) - 6,339.48% 67.95% 78.31% 102.85% 89.12% 80.02%
FCF Conversion (Net income) - - 58.62% 134.47% 105.5% 108.91% 107.6%
Dividend per Share 2 - - - - - - -
Announcement Date 2/24/21 2/27/22 2/27/23 2/27/24 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 4.953 6.753 8.923 11.8 14.08 16.55 18.5 21.3
EBITDA -0.0645 0.0676 0.442 0.8342 0.576 2.144 - -
EBIT 1 - 0.2568 0.4111 0.8051 0.534 0.345 1.3 1.5
Operating Margin - 3.8% 4.61% 6.82% 3.79% 2.08% 7.03% 7.04%
Earnings before Tax (EBT) - - 0.4107 1.039 0.836 0.748 - -
Net income -0.0773 0.0461 0.308 1.142 0.836 0.748 - -
Net margin -1.56% 0.68% 3.45% 9.68% 5.94% 4.52% - -
EPS - - - - - - - -
Dividend per Share - - - - - - - -
Announcement Date 8/23/21 2/27/22 8/29/22 2/27/23 8/30/23 2/27/24 - -
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 21.6 22.3 24.3 27.1 31.4 37.4
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 0.2 0.85 2.13 2.77 4.3 5.93
ROE (net income / shareholders' equity) - -0.25% 12.6% 6.14% 9.58% 12% 13.1%
ROA (Net income/ Total Assets) - -0.22% 5.68% 5.46% 7.69% 9.91% 11.7%
Assets 1 - 14.1 25.51 29.04 34.12 39.83 47.18
Book Value Per Share 2 - - - 0.0400 0.0400 0.0500 0.0600
Cash Flow per Share 2 - - - 0 0 0.0100 0.0100
Capex 1 - 0.06 0.08 0.14 0.17 0.2 0.23
Capex / Sales - 0.54% 0.38% 0.46% 0.42% 0.4% 0.39%
Announcement Date 2/24/21 2/27/22 2/27/23 2/27/24 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.27 AUD
Average target price
0.3833 AUD
Spread / Average Target
+41.97%
Consensus

Quarterly revenue - Rate of surprise

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