Hitech Group Australia Ltd

Industrials AU HIT

1.975AUD
-0.01(0.50%)

Last update at 2024-04-17T03:05:00Z

Day Range

1.981.99
LowHigh

52 Week Range

1.532.34
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax 7.47M 6.62M 5.11M 4.24M 3.85M
Minority interest - - - - -
Net income 5.44M 4.40M 3.64M 3.34M 3.34M
Selling general administrative 3.13M 2.34M 1.66M 1.68M 1.68M
Selling and marketing expenses 0.03M 0.02M 0.01M 0.02M 0.02M
Gross profit 10.99M 9.30M 7.06M 6.11M 5.78M
Reconciled depreciation 0.16M 0.13M 0.10M 0.12M 0.20M
Ebit 7.35M 6.51M 5.20M 4.21M 3.62M
Ebitda 7.50M 6.64M 5.30M 4.33M 3.82M
Depreciation and amortization 0.16M 0.13M 0.10M 0.12M 0.20M
Non operating income net other - - - - -
Operating income 7.35M 6.51M 5.20M 4.21M 3.62M
Other operating expenses 67.01M 56.47M 36.85M 29.14M 26.64M
Interest expense - 0.11M 0.22M 0.14M 0.23M
Tax provision 2.03M 2.22M 1.48M 0.90M 0.95M
Interest income 0.12M 0.11M 0.00333M 0.02M 0.03M
Net interest income 0.12M 0.11M 0.00333M 0.02M 0.03M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 2.03M 2.22M 1.48M 0.90M 0.95M
Total revenue 74.35M 62.98M 42.05M 33.36M 30.26M
Total operating expenses 3.80M 2.93M 1.86M 2.01M 2.16M
Cost of revenue 63.36M 53.68M 34.99M 27.25M 24.48M
Total other income expense net 0.12M 0.11M -0.08698M 0.02M 0.23M
Discontinued operations - - - - -
Net income from continuing ops 5.44M 4.40M 3.64M 3.34M 2.90M
Net income applicable to common shares 5.44M 4.40M 3.64M 3.34M 2.90M
Preferred stock and other adjustments - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Total assets 15.36M 12.97M 11.10M 11.13M 9.91M
Intangible assets 0.00000M 0.00000M 0.00000M 0.00000M 0.00086M
Earning assets - - - - -
Other current assets 0.05M 0.06M 0.06M 0.00273M 0.14M
Total liab 7.75M 5.54M 4.79M 4.14M 2.64M
Total stockholder equity 7.61M 7.43M 6.32M 6.99M 7.27M
Deferred long term liab - - - - -
Other current liab 0.05M 4.58M -0.00020M 0.05M 2.33M
Common stock 4.45M 4.45M 3.74M 3.74M 3.74M
Capital stock 4.45M 4.45M 3.74M 3.74M 3.74M
Retained earnings 2.97M 2.80M 2.40M 3.06M 3.34M
Other liab 0.20M 0.03M 0.05M 0.04M 0.04M
Good will - - - - -
Other assets 0.74M 0.32M 0.21M 0.06M 0.05M
Cash 10.58M 10.01M 6.61M 7.64M 5.93M
Cash and equivalents 1.56M 1.55M 1.55M 1.55M 1.53M
Total current liabilities 5.41M 5.51M 4.65M 3.85M 2.60M
Current deferred revenue 4.58M -0.14857M 4.16M 3.17M -0.15761M
Net debt -8.15881M -9.86397M -6.36199M -7.23012M -5.51961M
Short term debt 0.28M 0.15M 0.17M 0.16M 0.16M
Short long term debt - - - - -
Short long term debt total 2.42M 0.15M 0.25M 0.41M 0.41M
Other stockholder equity -7.42108M -7.24711M -6.13348M -6.16388M 0.19M
Property plant equipment 2.81M 0.53M 0.77M 0.62M 0.07M
Total current assets 11.81M 12.12M 10.12M 10.45M 9.15M
Long term investments - - - - 0.05M
Net tangible assets 7.61M 7.43M 6.32M 6.99M 7.27M
Short term investments - - - - -
Net receivables 1.18M 2.05M 3.44M 2.81M 3.08M
Long term debt - - - - -
Inventory - - - - -
Accounts payable 0.51M 0.93M 0.32M 0.47M 0.27M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.19M 0.19M 0.19M 0.19M 0.19M
Additional paid in capital - - - - -
Common stock total equity - - - 3.74M 3.74M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.43M 0.05M 0.23M 0.05M 0.68M
Deferred long term asset charges - - - - -
Non current assets total 3.55M 0.85M 0.99M 0.68M 0.76M
Capital lease obligations 2.42M 0.15M 0.25M 0.41M -
Long term debt total 2.14M 0.00000M 0.08M 0.25M 0.00000M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -0.07645M -0.03881M -0.02058M -0.01844M -0.00098M
Change to liabilities 0.53M -0.14312M -0.76456M 1.47M 1.16M
Total cashflows from investing activities -0.07645M -0.05922M -0.22564M -0.26504M -0.02465M
Net borrowings -0.28121M -0.02531M 0.02M -0.15761M -0.15761M
Total cash from financing activities -5.54496M -4.02781M -3.65073M -3.45714M -3.04400M
Change to operating activities 0.20M 0.18M 0.15M 0.31M -0.05181M
Net income 5.44M 4.40M 3.64M 3.34M 2.90M
Change in cash 0.57M 3.40M -0.99575M 1.68M 0.06M
Begin period cash flow 10.01M 6.61M 7.61M 5.93M 5.86M
End period cash flow 10.58M 10.01M 6.61M 7.61M 5.93M
Total cash from operating activities 6.19M 7.49M 2.88M 5.15M 3.13M
Issuance of capital stock - - - - -
Depreciation 0.09M 0.10M 0.09M 0.10M 0.20M
Other cashflows from investing activities -0.06536M -0.03881M -0.02059M -0.01844M -0.00098M
Dividends paid 5.26M 4.00M 3.67M 3.61M 3.04M
Change to inventory - - - - -
Change to account receivables 0.88M 2.11M 0.03M -0.38006M -0.47714M
Sale purchase of stock - - - - -
Other cashflows from financing activities -0.07645M -0.05922M 0.03M 0.32M 0.16M
Change to netincome - 0.00000M -0.00424M -0.40058M -0.09665M
Capital expenditures 0.01M 0.02M 0.21M 0.25M 0.02M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.88M 2.11M 0.03M -0.38006M 0.03M
Stock based compensation - - - - -
Other non cash items -0.21925M 0.88M -0.87674M 2.10M -3.09687M
Free cash flow 6.18M 7.47M 2.68M 4.91M -0.02367M

Fundamentals

  • Previous Close 1.99
  • Market Cap85.45M
  • Volume2603
  • P/E Ratio14.43
  • Dividend Yield5.13%
  • EBITDA8.36M
  • Revenue TTM67.69M
  • Revenue Per Share TTM1.60
  • Gross Profit TTM 10.99M
  • Diluted EPS TTM0.14

Announcements

ASX : HIT announces annual results, emphasizing shareholder value with a final dividend declaration.
View all ASX announcements Click Here

Peer Comparison

Sector: Industrials Industry: Staffing & Employment 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)
HIT
Hitech Group Australia Ltd
-0.01 0.50% 1.98 14.43 - 1.26 10.47 1.14 9.36
MMS
Mcmillan Shakespeare Ltd
0.33 1.72% 19.49 18.63 13.18 2.81 10.14 5.20 8.96
APM
APM Human Services International Ltd
0.02 1.72% 1.18 15.38 10.39 0.52 0.76 0.95 6.52
PPE
People Infrastructure Ltd
0.03 2.51% 1.02 10.30 12.97 0.09 0.67 0.18 5.47
ASH
Ashley Services Group Ltd
-0.005 1.85% 0.27 7.00 - 0.07 1.30 0.10 3.84

Reports Covered

Stock Research & News

Profile

HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. Its ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. The company offers personnel services to other sectors, such as office administration, sales and marketing, and finance; and digital services to government departments to initiate and complete digital transformation projects. It serves telco, finance, healthcare, consulting, IT, and FMCG industries, as well as federal and state governments. HiTech Group Australia Limited was incorporated in 1993 and is based in Sydney, Australia.

Hitech Group Australia Ltd

37.01B, 1 Macquarie Place, Sydney, NSW, Australia, 2000

Key Executives

Name Title Year Born
Mr. Raymond Hazouri B.A. Founder, Chairman & Company Sec. 1962
Mr. Elias Hazouri B.Sc., M.B.A., MBA CEO, Chief Information Officer, GM, Company Sec. & Exec. Director 1968
Mr. Raymond Hazouri B.A. Founder, Chairman & Company Secretary 1962
Mr. Elias Hazouri B.Sc., M.B.A., MBA CEO, Chief Information Officer, GM, Company Secretary & Executive Director 1968
Mr. Raymond Hazouri B.A. Founder, Chairman & Company Secretary 1962
Mr. Elias Hazouri B.Sc., M.B.A., MBA CEO, Chief Information Officer, GM, Company Secretary & Executive Director 1968
Mr. Raymond Hazouri B.A. Founder, Chairman & Company Secretary 1962
Mr. Elias Hazouri B.Sc., M.B.A., MBA CEO, Chief Information Officer, GM, Company Secretary & Executive Director 1968
Mr. Raymond Hazouri B.A. Founder, Chairman & Company Secretary 1962
Mr. Elias Hazouri B.Sc., M.B.A., MBA CEO, Chief Information Officer, GM, Company Secretary & Executive Director 1968

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