We are conducting system maintenance, which may temporarily affect some services and our ability to answer phone calls. For urgent queries, please contact us via email using the addresses on our contact page. We appreciate your patience and are working to restore full services promptly. Thank you for your cooperation!

We are conducting system maintenance, which may temporarily affect some services and our ability to answer phone calls. For urgent queries, please contact us via email using the addresses on our contact page. We appreciate your patience and are working to restore full services promptly. Thank you for your cooperation!

Butn Ltd

Financial Services AU BTN

0.062AUD
-(-%)

Last update at 2024-10-17T05:10:00Z

Day Range

0.060.06
LowHigh

52 Week Range

0.040.15
LowHigh

Fundamentals

  • Previous Close 0.06
  • Market Cap17.32M
  • Volume3100
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-
  • Revenue TTM7.04M
  • Revenue Per Share TTM0.04
  • Gross Profit TTM 5.41M
  • Diluted EPS TTM-0.06

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -6.40615M -8.68996M -6.45194M -0.43100M -0.13400M
Minority interest - - - - -
Net income -6.53138M -8.66364M -5.25786M -0.35900M -0.18600M
Selling general administrative 5.86M 5.00M 2.97M 1.98M 0.00035M
Selling and marketing expenses 4.54M - - - -
Gross profit 11.87M 5.60M 4.55M 4.65M 3.23M
Reconciled depreciation 1.44M 1.35M 0.87M - -
Ebit 0.02M -5.56121M -2.31840M 2.20M 1.18M
Ebitda 1.46M -4.21089M -1.45010M 2.67M 1.55M
Depreciation and amortization 1.44M 1.35M 0.87M 0.48M 0.37M
Non operating income net other - - - - -
Operating income 0.02M -5.56121M -2.31840M 2.20M 1.18M
Other operating expenses 11.84M 11.16M 7.11M 2.46M 2.05M
Interest expense 6.69M 3.70M 4.13M 2.73M 1.32M
Tax provision 0.13M -0.02632M -1.19408M -0.07195M -0.00010M
Interest income 5.12M 0.02M 4.00M 2.71M 0.00000M
Net interest income -6.19961M -3.56255M -4.12131M - -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.13M -0.02632M -1.19408M -0.07200M 0.05M
Total revenue 11.85M 5.60M 4.55M 4.65M 3.23M
Total operating expenses 10.40M 11.16M 7.11M 1.98M 1.68M
Cost of revenue -0.01665M - - - -
Total other income expense net -6.42414M 0.43M 0.23M -2.62700M -1.31100M
Discontinued operations - - - - -
Net income from continuing ops -6.53138M -8.66364M -5.25786M - -
Net income applicable to common shares -6.53138M -8.66364M -5.25786M -0.35865M -0.00025M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 91.27M 98.98M 77.82M 53.30M 43.39M
Intangible assets - 3.75M 5.13M 5.66M 4.08M
Earning assets - - - - -
Other current assets 0.16M 0.05M 0.23M 0.85M 0.09M
Total liab 83.16M 83.34M 59.80M 49.70M 44.29M
Total stockholder equity 8.11M 15.64M 18.02M 3.60M -0.90704M
Deferred long term liab - - 0.21M 0.59M 0.93M
Other current liab 2.51M 0.78M 3.98M 1.79M 1.21M
Common stock 39.77M 35.12M 31.37M 8.75M 0.00001M
Capital stock - 35.12M 31.37M 8.75M -
Retained earnings -33.14313M -20.81179M -14.28040M -5.61676M -0.35890M
Other liab - 0.03M 0.10M 0.07M 0.03M
Good will - - - - -
Other assets - 1.36M 1.67M 2.04M 1.20M
Cash 13.36M 14.67M 15.78M 15.52M 9.92M
Cash and equivalents - - - - -
Total current liabilities 71.95M 24.93M 3.35M 10.81M 2.43M
Current deferred revenue 0.72M - 0.55M 0.37M -
Net debt 66.37M 64.85M 40.57M 31.24M -
Short term debt 68.55M 0.04M 0.00555M 7.94M 0.91M
Short long term debt - 21.14M 0.00555M 7.94M -
Short long term debt total 79.73M - 56.35M 46.76M 41.83M
Other stockholder equity -0.00000M 1.33M 12.30M 9.21M -0.54815M
Property plant equipment - - - 0.00000M 0.00677M
Total current assets 88.84M 93.87M 71.24M 46.19M 39.03M
Long term investments - - - - -
Net tangible assets - 11.89M 13.11M -1.46871M -4.06114M
Short term investments - - 0.02M 0.00128M 0.00128M
Net receivables 75.33M 79.15M 55.22M 29.75M 29.02M
Long term debt - 58.38M 56.35M 38.82M 41.83M
Inventory - - - 0.06M -
Accounts payable 0.17M 0.48M 0.80M 0.71M 0.06M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 1.48M - 0.93M 0.46M -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.06M - - - -
Deferred long term asset charges - - - - -
Non current assets total 2.42M 5.11M 6.58M 7.11M -
Capital lease obligations - - - - -
Long term debt total - 58.38M 56.35M 38.82M 41.83M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -26.08668M -29.47917M -3.03606M - -
Change to liabilities -0.04137M 0.51M -1.08472M 0.15M 0.00025M
Total cashflows from investing activities -26.08668M -29.47917M -3.03606M -15.81631M -15.81631M
Net borrowings 23.67M 15.74M 12.30M 22.85M 22.85M
Total cash from financing activities 25.61M 33.60M 11.06M 22.85M 4.12M
Change to operating activities 1.18M 1.04M 0.54M 0.60M 0.60M
Net income -6.53138M -8.66364M -5.25786M -0.35900M -0.18600M
Change in cash -1.11317M 0.27M 5.60M 9.91M 0.00001M
Begin period cash flow 15.78M 15.51M 9.91M 0.00001M 2.59M
End period cash flow 14.67M 15.78M 15.51M 9.91M 0.00001M
Total cash from operating activities -0.67374M -3.85074M -2.42966M -13.79200M -4.58400M
Issuance of capital stock 3.00M 20.00M - - -
Depreciation 1.44M 1.35M 0.87M 0.48M 0.37M
Other cashflows from investing activities -24.92810M -26.24106M -0.88193M -0.00100M -
Dividends paid 1.05M 21.00M - - -
Change to inventory - - - - -
Change to account receivables 0.71M 0.68M -0.25800M -0.10203M -0.10203M
Sale purchase of stock -0.05991M -1.50869M - - -
Other cashflows from financing activities 46.46M 41.37M -0.74316M 22.85M -0.00200M
Change to netincome 3.25M 1.91M 1.92M 0.00313M 0.00313M
Capital expenditures 1.16M 3.24M 2.15M 1.29M 0.00200M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 1.17M 1.55M 1.22M 0.50M -
Stock based compensation 0.39M 0.47M 1.01M - -
Other non cash items 5.74M 3.61M 0.92M -12.95600M -4.02600M
Free cash flow -1.83232M -7.08885M -4.58379M -15.07900M -4.58600M

Peer Comparison

Sector: Financial Services Industry: Credit Services

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BTN
Butn Ltd
- -% 0.06 - - 2.46 2.14 6.20 38.17
ZIP
Zip Co Limited
0.01 0.35% 2.87 284.00 416.67 4.32 9.60 6.18 14.91
CCP
Credit Corp Group Ltd
0.20 1.14% 17.74 23.97 12.97 3.20 1.45 3.93 14.48
LFS
Latitude Financial Services Group Limited
- -% 1.15 - - 2.83 0.97 6.99 16.49
LFG
Liberty Financial Group Pty Ltd
0.01 0.29% 3.41 8.97 5.55 1.72 0.86 9.67 11.17

Reports Covered

Stock Research & News

Profile

Butn Limited provides transactional funding to small and medium enterprises in Australia. The company's products include Butn X, a solution that helps customers to get paid as soon as the goods and services are delivered with advanced payments; Butn Terms, a solution that enables organizations to outsource their accounts receivables; Butn Pay, a solution to purchase goods and services instantly and choose the repayment terms; Butn Now, a solution for advances of commission income for real estate agents, and mortgage and business brokers; and Butn Plus, a solution to avail business loans. The company was founded in 2015 and is headquartered in Caulfield North, Australia.

Butn Ltd

229 Balaclava Road, Caulfield North, VIC, Australia, 3161

Key Executives

Name Title Year Born
Mr. Walter Rapoport Co-Founder, Joint CEO & Exec. Director NA
Mr. Rael Ross Co-Founder, Joint CEO & Exec. Director NA
Mr. Darryl Lasnitzki CFO & Company Sec. NA
Mr. Mark Newstead Chief Operating Officer NA
Mr. Abhinov Gulati Chief Technical Officer NA
Mr. Simran Gambhir Chief Information Officer NA
Mr. Walter Rapoport Co-Founder, Joint CEO & Executive Director NA
Mr. Rael Ross Co-Founder, Joint CEO & Executive Director NA
Dean - Berelowitz Financial Controller & Company Secretary NA
Mr. Walter Rapoport Co-Founder, Joint CEO & Executive Director NA

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