Balance Sheet L1 Long Short Fund Limited

Equities

LSF

AU0000002339

Diversified Investment Services

Market Closed - Australian S.E. Other stock markets 11:40:04 24/06/2025 am IST			5-day change	1st Jan Change
2.870 ^AUD	+1.06%		-0.35%	-1.37%

18/06	Platinum Investment Management, L1 Capital Complete Due Diligence for Proposed Merger	MT
13/06	L1 Long Short Fund Limited - Special Call

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Published financial data: L1 LONG SHORT FUND LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Interest And Invest. Income (Rev)	4.66Cr	5.04Cr	8.41Cr	8.54Cr	12Cr
Other Revenues, Total	2.77Cr	84Cr	28Cr	33Cr	31Cr
Total Revenues	7.43Cr	89Cr	36Cr	42Cr	43Cr
Gross Profit	7.43Cr	89Cr	36Cr	42Cr	43Cr
Selling General & Admin Expenses, Total	1.65Cr	15Cr	7.53Cr	8.31Cr	8.61Cr
Other Operating Expenses	28.17L	33.24L	60.52L	36.8L	46.93L
Other Operating Expenses, Total	1.93Cr	15Cr	8.14Cr	8.68Cr	9.08Cr
Operating Income	5.5Cr	74Cr	28Cr	33Cr	34Cr
Interest Expense, Total	-1.4Cr	-71.9L	-1.31Cr	-3.58Cr	-7.59Cr
Net Interest Expenses	-1.4Cr	-71.9L	-1.31Cr	-3.58Cr	-7.59Cr
Currency Exchange Gains (Loss)	-3.13Cr	2.71Cr	-4.04Cr	-2.12Cr	91.6L
Other Non Operating Income (Expenses)	-2.09Cr	-1.77Cr	-2.12Cr	-2.14Cr	-2Cr
EBT, Excl. Unusual Items	-1.12Cr	74Cr	20Cr	25Cr	25Cr
Gain (Loss) On Sale Of Investments	-2.36Cr	-1.25Cr	-2.16Cr	-2.81Cr	-2.74Cr
EBT, Incl. Unusual Items	-3.48Cr	72Cr	18Cr	22Cr	23Cr
Income Tax Expense	-1.32Cr	21Cr	4.22Cr	6.1Cr	5.67Cr
Earnings From Continuing Operations	-2.16Cr	51Cr	14Cr	16Cr	17Cr
Net Income to Company	-2.16Cr	51Cr	14Cr	16Cr	17Cr
Net Income - (IS)	-2.16Cr	51Cr	14Cr	16Cr	17Cr
Net Income to Common Incl Extra Items	-2.16Cr	51Cr	14Cr	16Cr	17Cr
Net Income to Common Excl. Extra Items	-2.16Cr	51Cr	14Cr	16Cr	17Cr
Per Share Items
Net EPS - Basic	-0.03	0.83	0.23	0.27	0.27
Basic EPS - Continuing Operations	-0.03	0.83	0.23	0.27	0.27
Basic Weighted Average Shares Outstanding	66Cr	62Cr	61Cr	61Cr	62Cr
Net EPS - Diluted	-0.03	0.83	0.23	0.27	0.27
Diluted EPS - Continuing Operations	-0.03	0.83	0.23	0.27	0.27
Diluted Weighted Average Shares Outstanding	66Cr	62Cr	61Cr	61Cr	62Cr
Normalized Basic EPS	-0.01	0.74	0.21	0.26	0.26
Normalized Diluted EPS	-0.01	0.74	0.21	0.26	0.26
Dividend Per Share	-	0.04	0.08	0.1	0.12
Payout Ratio	-	1.54	24.98	27.03	31.1
Supplemental Items
EBITA	5.5Cr	74Cr	28Cr	33Cr	34Cr
EBIT	5.5Cr	74Cr	28Cr	33Cr	34Cr
Total Revenues (As Reported)	-	92Cr	32Cr	40Cr	44Cr
Effective Tax Rate - (Ratio)	37.88	29.07	23.04	27.21	24.97
Total Current Taxes	-	-	19Cr	-1.83Cr	2.35Cr
Total Deferred Taxes	-	-	-15Cr	7.94Cr	4.13Cr
Normalized Net Income	-70.15L	46Cr	13Cr	16Cr	16Cr
Supplemental Operating Expense Items
General and Administrative Expenses	1.65Cr	15Cr	7.53Cr	8.31Cr	8.61Cr

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	56Cr	48Cr	131.08Cr	97Cr	100.91Cr
Trading Asset Securities, Total	180.47Cr	302.51Cr	292.89Cr	279.46Cr	337.2Cr
Total Cash And Short Term Investments	236.41Cr	350.91Cr	423.97Cr	376.44Cr	438.11Cr
Accounts Receivable, Total	67.1L	51.16L	47.95L	13.61L	13.97L
Other Receivables	4.75Cr	3.87Cr	7.55Cr	2.01Cr	2.71Cr
Total Receivables	5.42Cr	4.38Cr	8.03Cr	2.15Cr	2.85Cr
Other Current Assets, Total	1.12Cr	79.63L	2.51Cr	11Cr	6.82Cr
Total Current Assets	242.95Cr	356.09Cr	434.52Cr	389.95Cr	447.77Cr
Deferred Tax Assets Long-Term	8.31Cr	-	2.89Cr	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	251.26Cr	356.09Cr	437.41Cr	389.95Cr	447.77Cr
Liabilities
Accrued Expenses, Total	2.04Cr	12Cr	6.28Cr	14Cr	8.7Cr
Current Income Taxes Payable	-	1.03Cr	8.38Cr	-	-
Other Current Liabilities	135.16Cr	173.96Cr	254.2Cr	192.33Cr	239.28Cr
Total Current Liabilities	137.21Cr	186.92Cr	268.86Cr	206.02Cr	247.98Cr
Deferred Tax Liability Non Current	-	12Cr	-	3.47Cr	7.6Cr
Total Liabilities	137.21Cr	198.66Cr	268.86Cr	209.49Cr	255.58Cr
Common Stock, Total	128.7Cr	121.58Cr	122.85Cr	124.25Cr	125.91Cr
Retained Earnings	-15Cr	36Cr	46Cr	56Cr	66Cr
Total Common Equity	114.05Cr	157.43Cr	168.54Cr	180.46Cr	192.19Cr
Total Equity	114.05Cr	157.43Cr	168.54Cr	180.46Cr	192.19Cr
Total Liabilities And Equity	251.26Cr	356.09Cr	437.41Cr	389.95Cr	447.77Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	65Cr	61Cr	61Cr	62Cr	62Cr
ECS Total Common Shares Outstanding	65Cr	61Cr	61Cr	62Cr	62Cr
Book Value / Share	1.76	2.6	2.76	2.93	3.09
Tangible Book Value	114.05Cr	157.43Cr	168.54Cr	180.46Cr	192.19Cr
Tangible Book Value Per Share	1.76	2.6	2.76	2.93	3.09
Total Debt	0	0	0	0	0
Net Debt	-236.41Cr	-350.91Cr	-423.97Cr	-376.44Cr	-438.11Cr
Account Code - Inventory Valuation	3	3	3	-	3

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	-2.16Cr	51Cr	14Cr	16Cr	17Cr
(Gain) Loss on Sale of Investments - (CF)	-2.77Cr	-84Cr	-28Cr	-33Cr	-31Cr
Other Operating Activities, Total	-50Cr	-46Cr	66Cr	80Cr	-25Cr
Change In Accounts Receivable	1.15Cr	18.38L	1L	35.65L	-5L
Change In Accounts Payable	-22.81L	6.76Cr	-6.3Cr	79.04L	2.95Cr
Change In Income Taxes	-	1.03Cr	7.36Cr	-20Cr	7.44Cr
Change In Deferred Taxes	-1.32Cr	20Cr	-15Cr	6.36Cr	4.13Cr
Change in Other Net Operating Assets	36T	-86T	-1L	-4T	57T
Cash from Operations	-56Cr	-50Cr	39Cr	51Cr	-24Cr
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-1.73Cr	-7.25Cr	-	-	-
Common Dividends Paid	-	-78.93L	-3.52Cr	-4.41Cr	-5.3Cr
Common & Preferred Stock Dividends Paid	-	-78.93L	-3.52Cr	-4.41Cr	-5.3Cr
Other Financing Activities, Total	7.64Cr	48Cr	52Cr	-79Cr	33Cr
Cash from Financing	5.91Cr	40Cr	48Cr	-83Cr	27Cr
Foreign Exchange Rate Adjustments	-3.13Cr	2.71Cr	-4.04Cr	-2.12Cr	91.6L
Net Change in Cash	-53Cr	-7.53Cr	83Cr	-34Cr	3.93Cr
Supplemental Items
Cash Interest Paid	1.46Cr	71.2L	1.25Cr	3.53Cr	7.59Cr
Cash Income Tax Paid (Refund)	-	-	11Cr	19Cr	-5.91Cr
Levered Free Cash Flow	-3.87Cr	97Cr	93Cr	-47Cr	62Cr
Unlevered Free Cash Flow	-2.99Cr	97Cr	94Cr	-45Cr	67Cr
Change In Net Working Capital	6.43Cr	-51Cr	-77Cr	66Cr	-46Cr

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.34	15.13	4.4	5	5.09
Return on Total Capital	2.96	33.85	10.72	11.85	11.44
Return On Equity %	-1.87	37.88	8.66	9.36	9.14
Return on Common Equity	-1.87	37.88	8.66	9.36	9.14
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	22.21	16.9	20.87	19.91	19.94
EBITA Margin %	74.01	82.73	77.46	79.21	78.97
EBIT Margin %	74.01	82.73	77.46	79.21	78.97
Income From Continuing Operations Margin %	-29.12	57.85	39.08	39.1	39.43
Net Income Margin %	-29.12	57.85	39.08	39.1	39.43
Net Avail. For Common Margin %	-29.12	57.85	39.08	39.1	39.43
Normalized Net Income Margin	-9.44	51.86	35.47	37.77	36.8
Levered Free Cash Flow Margin	-52.02	108.67	258.29	-113.43	144.42
Unlevered Free Cash Flow Margin	-40.28	109.18	260.55	-108.07	155.4
Asset Turnover
Asset Turnover	0.03	0.29	0.09	0.1	0.1
Short Term Liquidity
Current Ratio	1.77	1.91	1.62	1.89	1.81
Quick Ratio	1.76	1.9	1.61	1.84	1.78
Operating Cash Flow to Current Liabilities	-0.41	-0.27	0.14	0.25	-0.1
Long Term Solvency
Total Liabilities / Total Assets	54.61	55.79	61.47	53.72	57.08
EBIT / Interest Expense	3.94	102.26	21.4	9.24	4.5
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	451.99	1.1T	-59.38	15.69	4.12
Gross Profit, 1 Yr. Growth %	451.99	1.1T	-59.38	15.69	4.12
EBITA, 1 Yr. Growth %	-894.7	1.24T	-61.97	18.31	3.98
EBIT, 1 Yr. Growth %	-894.7	1.24T	-61.97	18.31	3.98
Earnings From Cont. Operations, 1 Yr. Growth %	-56.18	-2.48T	-72.56	15.74	4.3
Net Income, 1 Yr. Growth %	-56.18	-2.48T	-72.56	15.74	4.3
Normalized Net Income, 1 Yr. Growth %	-79.95	-6.67T	-72.22	23.17	0.77
Diluted EPS Before Extra, 1 Yr. Growth %	-55.99	-2.63T	-72.01	14.87	3.35
Accounts Receivable, 1 Yr. Growth %	424.63	-23.76	-6.27	-71.62	2.65
Total Assets, 1 Yr. Growth %	-3.63	41.72	22.84	-10.85	14.83
Tangible Book Value, 1 Yr. Growth %	-3.3	38.03	7.06	7.07	6.5
Common Equity, 1 Yr. Growth %	-3.3	38.03	7.06	7.07	6.5
Cash From Operations, 1 Yr. Growth %	549.29	-9.76	-176.64	32.43	-147.9
Levered Free Cash Flow, 1 Yr. Growth %	-149.55	-2.6T	-3.46	-150.81	-231.2
Unlevered Free Cash Flow, 1 Yr. Growth %	-134.89	-3.34T	-3.07	-147.98	-248.15
Dividend Per Share, 1 Yr. Growth %	-	-	88.89	23.53	11.9
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-41.32	712.36	120.36	-31.45	9.38
Gross Profit, 2 Yr. CAGR %	-41.32	712.36	120.36	-31.45	9.38
EBITA, 2 Yr. CAGR %	-41.64	930.56	125.44	-32.92	10.45
EBIT, 2 Yr. CAGR %	-41.64	930.56	125.44	-32.92	10.45
Earnings From Cont. Operations, 2 Yr. CAGR %	-59.08	222.62	155.27	-43.65	9.87
Net Income, 2 Yr. CAGR %	-59.08	222.62	155.27	-43.65	9.87
Normalized Net Income, 2 Yr. CAGR %	-74.8	262.96	327.26	-41.5	11.41
Diluted EPS Before Extra, 2 Yr. CAGR %	-59.01	233.65	166.11	-43.29	8.96
Accounts Receivable, 2 Yr. CAGR %	36.92	100	-15.47	-48.42	-46.02
Total Assets, 2 Yr. CAGR %	-1.83	16.87	31.94	4.65	1.18
Tangible Book Value, 2 Yr. CAGR %	-3.66	15.53	21.56	7.06	6.78
Common Equity, 2 Yr. CAGR %	-3.66	15.53	21.56	7.06	6.78
Cash From Operations, 2 Yr. CAGR %	-34.37	142.06	-16.84	0.74	-20.35
Levered Free Cash Flow, 2 Yr. CAGR %	-	251.76	391	-29.97	-18.21
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	236.26	460.47	-31.8	-15.52
Dividend Per Share, 2 Yr. CAGR %	-	-	-	52.75	17.57
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	60.26	199.27	77.77	-21.38
Gross Profit, 3 Yr. CAGR %	-	60.26	199.27	77.77	-21.38
EBITA, 3 Yr. CAGR %	-	65.72	243.1	81.84	-22.59
EBIT, 3 Yr. CAGR %	-	65.72	243.1	81.84	-22.59
Earnings From Cont. Operations, 3 Yr. CAGR %	-	58.42	41.87	96.1	-30.81
Net Income, 3 Yr. CAGR %	-	58.42	41.87	96.1	-30.81
Normalized Net Income, 3 Yr. CAGR %	-	61	54.11	182.25	-29.87
Diluted EPS Before Extra, 3 Yr. CAGR %	-	62	46.06	101.12	-30.73
Accounts Receivable, 3 Yr. CAGR %	-	12.65	55.35	-41.24	-35.12
Total Assets, 3 Yr. CAGR %	-	10.95	18.82	15.78	7.94
Tangible Book Value, 3 Yr. CAGR %	-	8.61	12.63	16.53	6.88
Common Equity, 3 Yr. CAGR %	-	8.61	12.63	16.53	6.88
Cash From Operations, 3 Yr. CAGR %	-	-27.02	64.98	-2.88	-21.37
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	128.59	130.51	-13.56
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	122.13	147.02	-11.56
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	37.7
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	14.1	100.09
Gross Profit, 5 Yr. CAGR %	-	-	-	14.1	100.09
EBITA, 5 Yr. CAGR %	-	-	-	15.41	118.03
EBIT, 5 Yr. CAGR %	-	-	-	15.41	118.03
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	4.77	28.08
Net Income, 5 Yr. CAGR %	-	-	-	4.77	28.08
Normalized Net Income, 5 Yr. CAGR %	-	-	-	7.39	35.36
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	6.45	29.91
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-17.58	1.78
Total Assets, 5 Yr. CAGR %	-	-	-	8.38	11.42
Tangible Book Value, 5 Yr. CAGR %	-	-	-	7.99	10.26
Common Equity, 5 Yr. CAGR %	-	-	-	7.99	10.26
Cash From Operations, 5 Yr. CAGR %	-	-	-	-16.97	23.29
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	51.54
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	50.89