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Codan Ltd
Previous close
$15.89
Day range
$15.90 - $16.05
Year range
$7.86 - $16.43
Market cap
2.89B AUD
Avg Volume
277.39K
P/E ratio
35.54
Dividend yield
1.41%
Primary exchange
ASX
Market news
Financials
Income Statement
Revenue
Net income
(AUD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 142.27M | 16.30% |
Operating expense | 49.44M | 19.21% |
Net income | 21.67M | 17.61% |
Net profit margin | 15.23 | 1.06% |
Earnings per share | — | — |
EBITDA | 32.14M | 22.92% |
Effective tax rate | 20.95% | — |
Balance Sheet
Total assets
Total liabilities
(AUD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 19.70M | -16.73% |
Total assets | 768.71M | 10.88% |
Total liabilities | 321.78M | 12.13% |
Total equity | 446.93M | — |
Shares outstanding | 181.32M | — |
Price to book | 6.43 | — |
Return on assets | 9.80% | — |
Return on capital | 12.81% | — |
Cash Flow
Net change in cash
(AUD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 21.67M | 17.61% |
Cash from operations | 32.52M | 8.50% |
Cash from investing | -18.43M | -17.37% |
Cash from financing | -16.26M | -26.01% |
Net change in cash | -1.94M | -223.37% |
Free cash flow | 19.66M | 18.95% |
About
Codan Limited is a manufacturer and supplier of communications, metal detection, and mining technology, headquartered in Adelaide, South Australia with revenue of A$348.0 million.
Codan Limited is the communications business unit and the parent company of the Codan group, which is engaged in business through its operating segment Radio Communications. This product range is sold to customers in more than 150 countries. In addition to its global service and support network, the Codan group has regional sales offices in Perth, Washington D.C., and Chicago, Victoria, BC, Farnham, Cork, Florianópolis, Penang and Dubai. The company maintains quality assurance systems approved to the ISO 9001:2000 standard.
The company was established in 1959 by three friends from the University of Adelaide: Alastair Wood, Ian Wall and Jim Bettison. The company was established as Electronics, Instrument and Lighting Company Limited, renaming as Codan in 1970. Codan was listed on the Australian Stock Exchange in 2003 and expanded into military technology in 2006. In 2005, CEO Mike Heard denied that Codan had knowingly supplied technology to an Al-Qaeda operative in 2001. Wikipedia
Founded
Jul 1, 1959
Headquarters
Website
Employees
900