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Livestock Improvement Corporation Ltd
Previous close
$0.95
Year range
$0.94 - $1.22
Market cap
135.09M NZD
Avg Volume
19.13K
P/E ratio
19.00
Dividend yield
6.15%
Primary exchange
NZE
Market news
Financials
Income Statement
Revenue
Net income
| (NZD) | May 2024info | Y/Y change |
|---|---|---|
Revenue | 47.67M | -4.00% |
Operating expense | 21.09M | 3.49% |
Net income | -10.62M | -256.97% |
Net profit margin | -22.29 | -272.12% |
Earnings per share | — | — |
EBITDA | -6.67M | -20.54% |
Effective tax rate | 20.00% | — |
Balance Sheet
Total assets
Total liabilities
| (NZD) | May 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 42.34M | -22.45% |
Total assets | 358.61M | -6.20% |
Total liabilities | 83.70M | -1.30% |
Total equity | 274.91M | — |
Shares outstanding | 142.34M | — |
Price to book | 0.49 | — |
Return on assets | -6.38% | — |
Return on capital | -7.72% | — |
Cash Flow
Net change in cash
| (NZD) | May 2024info | Y/Y change |
|---|---|---|
Net income | -10.62M | -256.97% |
Cash from operations | 18.34M | 63.02% |
Cash from investing | -5.98M | -8.82% |
Cash from financing | -10.35M | -756.68% |
Net change in cash | 2.03M | -56.39% |
Free cash flow | -5.36M | -21.15% |
About
Livestock Improvement Corporation, or LIC, is a New Zealand multinational farmer-owned co-operative which, for more than 100 years, has provided genetics expertise, information and technology to the dairy sector, aimed at improving the prosperity and productivity of farmers.
LIC has headquarters in Newstead, near Hamilton, regional bases throughout the country, offices in the United Kingdom, Ireland, USA and Australia, and agents in South Africa and Asia.
The co-operative is listed on the New Zealand stock exchange, with 11,000 NZ dairy farmer shareholders.
LIC has its roots in 1909, when the first organised routine herd testing service was conducted by and for New Zealand dairy farmers, with the support of the New Zealand Department of Agriculture. Since then, it has grown to become a major enabler and contributor for the New Zealand dairy sector, with over 75% of all dairy cows within New Zealand being sired by LIC-owned bulls. Wikipedia
CEO
Founded
1909
Website
Employees
900
