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Financial statements

Concorde International Group Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Concorde International Group Ltd. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2024FY2024
Revenue5.0110.710.5
Cost of revenue3.657.666.88
Gross profit1.362.993.62
Interest expense0.080.150.22
Pre-tax income-0.81.13-83.5
Income tax0.130.11
Net income to minority interests-0.020.030.01
Net income-0.780.96-83.6
EPS, basic-7.839.61-5.08
EPS, diluted-7.839.61-5.08

Balance sheet

FY2022FY2024FY2024
Cash and equivalents0.440.961
Receivables3.493.83
Total current assets5.295.38
Property, plant and equipment2.872.93.72
Lease right-of-use assets0.030.180.32
Total assets8.5510.3
Accounts payable1.191.09
Short-term debt1.863.12
Total current liabilities3.514.58
Lease liabilities0.090.17
Total liabilities5.858.01
Total debt3.976.03
Retained earnings0.18-83.3
Shareholders' equity2.572.11
Minority interests0.140.15
Total equity1.612.72.26
Total liabilities and equity8.5510.3

Cash flow statement

FY2022FY2024FY2024
Net income-0.80.99-83.6
Depreciation and amortization0.390.330.28
Cash from operations-0.930.79-0.56
Capital expenditures-0.41-1.05
Cash from investing-0.91-0.31-0.95
Debt repaid-0.49-1.98-1.26
Stock issued0
Cash from financing0.601.59
Exchange rate effect0.070.03-0.03
Net change in cash-1.240.480.07
Free cash flow0.38-1.62

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $0.40 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin34.5%Gross profit / revenue.
Pre-tax margin-796.0%Pre-tax income / revenue.
Net margin-797.3%Net income / revenue.
FCF margin-15.4%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-5.4%Cash from operations / revenue.
Return on equity (ROE)-3,579.0%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-888.6%Net income / average total assets.
Capex / revenue10.0%Capital expenditures / revenue.
D&A / revenue2.7%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-1.6%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y20.8%Gross profit vs the same period a year earlier. Only from a positive base.
Net income growth, 1y-8,806.0%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-152.9%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-171.3%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y-521.3%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-17.8%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y20.1%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.17xCurrent assets / current liabilities.
Quick ratio1.05x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.22x(Cash + short-term investments) / current liabilities.
Debt / equity2.86xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets58.7%Total debt / total assets.
Liabilities / assets78.0%Total liabilities / total assets.
Net debt$5.0MTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital$798.1KCurrent assets - current liabilities.
Tangible book value$2.1MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.11xRevenue / average total assets.
Fixed asset turnover3.17xRevenue / average property, plant and equipment.
Receivables turnover2.87xRevenue / average receivables.
Days sales outstanding127 days365 x average receivables / revenue.
Days payables60 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$5.08Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$5.08Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$90.8MShare price x shares outstanding.
Enterprise value$95.8MMarket cap + total debt - cash - short-term investments.
P/S8.65xMarket cap / revenue.
P/B43.1xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book43.1xMarket cap / tangible book value, when positive.
EV/Sales9.13xEnterprise value / revenue.
FCF yield-1.8%Free cash flow / market cap.
Earnings yield-92.1%Net income / market cap (the inverse of P/E).
What was Concorde International Group Ltd.'s revenue in fiscal 2024?

Concorde International Group Ltd. reported revenue of $10.5M for fiscal 2024, 1.6% lower than the year before.

Was Concorde International Group Ltd. profitable in fiscal 2024?

No. It reported a net loss of $83.6M.

How much free cash flow did Concorde International Group Ltd. generate in fiscal 2024?

Cash from operations of $564.2K minus capital expenditures of $1.1M left free cash flow of -$1.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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