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Financial statements

JX Luxventure Group Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data JX Luxventure Group Inc. 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

FY2015FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue61.341.223.818.516.51.345479.931.849.8
Cost of revenue46.53935.320.910.71.1753.278.426.441.5
Gross profit14.82.16-11.5-2.325.750.170.851.465.468.35
Selling and marketing6.623.613.272.671.094.261.350.720.062.65
General and administrative2.83.544.884.913.481.166.86562.081.83
Operating income1.84-15.6-19.3-23.30.41-1-7.35-55.43.053.83
Interest expense0.070.10.10.070.060.060.010.01
Pre-tax income1.85-15.6-19.4-23.40.34-1-7.35-55.43.043.82
Income tax0.61-3.73-4.6-5.420.44-1.560.0100.74
Income from continuing operations1.24-11.9-14.8-180.15.6737.273.5-3.04
Net income to minority interests0
Net income1.24-11.9-14.8-18-0.1-5.67-37.2-73.53.043.07
EBITDA2.38-14.4-18.2-22.11.09-0.26-7.33-55.13.344.12
EPS, basic29.20-272.03-318.44-322.440.00-83.61-329.24-174.822.011.81
EPS, diluted29.20-272.03-318.44-322.440.00-83.61-329.24-174.821.910.86

Balance sheet

FY2015FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash and equivalents21.224.626.12120.616.612.90.520.411.18
Receivables1018.710.4
Inventory2.451.811.251.44
Total current assets56.340.331.332.731.524.26.4719.511.6
Property, plant and equipment26.827.812.26.082.843.82.792.432.13
Lease right-of-use assets0.01
Intangible assets15.9
Total assets91.181.361.261.162.538.116.321.929.7
Accounts payable4.775.455.284.585.365.361.322.242.61
Short-term debt1.091.091.64
Total current liabilities7.77.286.866.647.947.223.936.768.78
Lease liabilities0
Total liabilities7.77.286.866.647.947.223.936.768.79
Total debt1.511.611.091.081.151.181.64
Paid-in capital5.636.066.6989.211.324.7787879
Retained earnings7964.146.246.140.4-3.96-77.5-74.4-71.3
Shareholders' equity15.220.9
Minority interests-0
Total equity10183.47454.354.454.530.912.315.220.9
Total liabilities and equity91.181.361.261.162.538.116.321.929.7

Cash flow statement

FY2015FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Net income1.24-11.9-14.8-18-0.1-5.67-37.2-73.53.043.07
Depreciation and amortization0.541.161.151.190.690.740.020.30.290.29
Cash from operations2.233.191.92-3.7-0.56-6.52-7.78-4.96-4.527.71
Capital expenditures-1.02-0.04-0.95-0.020.27-0.02-3.32-0-0-0.4
Cash from investing-0.930.05-0.870.050.330.61-3.28-9.442.63-12
Debt issued1.581.561.131.092.17
Debt repaid-1.56-1.58-1.09-2.17
Stock issued6.9
Cash from financing0.331.68-1.1-0.260.060.856.962.221.875.14
Exchange rate effect-1.03-1.561.51-1.12-0.241.070.39-0.21-0.09-0.06
Free cash flow1.213.150.98-3.72-0.29-6.54-11.1-4.96-4.527.31
Income taxes paid-2.01-1.06-0

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $6.92 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin16.8%Gross profit / revenue.
Operating margin7.7%Operating income / revenue.
EBITDA margin8.3%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin7.7%Pre-tax income / revenue.
Net margin6.2%Net income / revenue.
FCF margin14.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin15.5%Cash from operations / revenue.
Effective tax rate19.5%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)17.0%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)11.9%Net income / average total assets.
Return on invested capital (ROIC)17.1%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Capex / revenue0.8%Capital expenditures / revenue.
D&A / revenue0.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y56.5%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-2.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y24.8%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y53.1%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y114.4%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y7.7%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y25.7%Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 5y56.7%Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y23.5%EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 5y30.5%Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y1.0%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-55.0%EPS vs the same period a year earlier. Only from a positive base.
Book value growth, 1y37.9%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y35.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-8.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-13.4%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.32xCurrent assets / current liabilities.
Quick ratio1.32x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.13x(Cash + short-term investments) / current liabilities.
Debt / equity0.08xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets5.5%Total debt / total assets.
Liabilities / assets29.6%Total liabilities / total assets.
Net debt$459.5KTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA0.11xNet debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage276xOperating income / interest expense.
Working capital$2.8MCurrent assets - current liabilities.
Goodwill and intangibles / assets53.7%(Goodwill + intangible assets) / total assets.
Tangible book value$5.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.93xRevenue / average total assets.
Fixed asset turnover21.9xRevenue / average property, plant and equipment.
Receivables turnover3.42xRevenue / average receivables.
Days sales outstanding107 days365 x average receivables / revenue.
Days payables21 days365 x average accounts payable / cost of revenue.
FCF conversion237.9%Free cash flow / net income, when net income is positive.
Capex / operating cash flow5.1%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.86Net 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$1.81Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$83.5MShare price x shares outstanding.
Enterprise value$83.9MMarket cap + total debt - cash - short-term investments.
P/E27.1xMarket cap / net income. Only when net income is positive.
P/S1.67xMarket cap / revenue.
P/B3.99xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book16.8xMarket cap / tangible book value, when positive.
P/FCF11.4xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF10.8xMarket cap / cash from operations, when positive.
EV/Sales1.68xEnterprise value / revenue.
EV/EBIT21.9xEnterprise value / operating income, when both are positive.
EV/EBITDA20.4xEnterprise value / EBITDA, when both are positive.
EV/FCF11.5xEnterprise value / free cash flow, when both are positive.
FCF yield8.8%Free cash flow / market cap.
Earnings yield3.7%Net income / market cap (the inverse of P/E).
What was JX Luxventure Group Inc.'s revenue in fiscal 2024?

JX Luxventure Group Inc. reported revenue of $49.8M for fiscal 2024, 56.5% higher than the year before.

Was JX Luxventure Group Inc. profitable in fiscal 2024?

Yes. Net income was $3.1M, a net margin of 6.2%.

How much free cash flow did JX Luxventure Group Inc. generate in fiscal 2024?

Cash from operations of $7.7M minus capital expenditures of $396.7K left free cash flow of $7.3M.

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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