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Belmond Revenue

Belmond revenue was $576.84 m in FY, 2018 which is a 2.8% year over year increase from the previous period.

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Summary - Funding Rounds

Founding Date

1976
Belmond is a subsidiary of LVMH

Belmond Revenue Breakdown

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Belmond revenue breakdown by business segment: 85.5% from Owned Hotels, 12.3% from Owned Trains & Cruises and 2.3% from Other

Belmond Income Statement

Annual

USDFY, 2017FY, 2018

Revenue

561.0m576.8m

Revenue growth, %

2%3%

Cost of goods sold

239.9m254.2m

Gross profit

321.1m322.7m

Gross profit Margin, %

57%56%

General and administrative expense

238.3m257.5m

Operating expense total

314.9m328.4m

Depreciation and amortization

62.9m61.3m

EBIT

6.1m11.9m

EBIT margin, %

1%2%

Interest expense

32.5m33.0m

Interest income

1.1m1.3m

Pre tax profit

(34.9m)(23.6m)

Income tax expense

6.6m14.0m

Net Income

(44.9m)(28.3m)

Quarterly

USDQ1, 2018Q2, 2018Q3, 2018

Revenue

89.7m171.6m193.2m

Cost of goods sold

43.0m78.3m80.1m

Gross profit

46.7m93.3m113.1m

Gross profit Margin, %

52%54%59%

General and administrative expense

56.3m69.5m67.5m

Operating expense total

72.2m91.4m82.5m

Depreciation and amortization

15.9m14.8m15.0m

EBIT

(25.4m)14.0m31.9m

EBIT margin, %

(28%)8%17%

Interest expense

8.1m8.4m8.4m

Interest income

349.0k212.0k204.0k

Pre tax profit

(1.4m)2.1m23.0m

Income tax expense

15.7m7.1m14.5m

Net Income

(14.9m)(1.5m)12.6m

Belmond Balance Sheet

Annual

USDFY, 2017FY, 2018

Cash

180.2m108.4m

Accounts Receivable

34.4m37.7m

Prepaid Expenses

13.3m13.3m

Inventories

23.1m21.2m

Current Assets

266.8m192.9m

PP&E

1.2b1.3b

Goodwill

120.2m111.1m

Total Assets

1.7b1.7b

Accounts Payable

15.8m23.0m

Short-term debt

6.4m6.3m

Current Liabilities

134.5m173.5m

Long-term debt

700.8m753.6m

Total Debt

707.2m760.0m

Total Liabilities

954.8m1.0b

Additional Paid-in Capital

985.6m990.9m

Retained Earnings

13.3m(14.2m)

Total Equity

698.8m640.3m

Debt to Equity Ratio

1 x1.2 x

Debt to Assets Ratio

0.4 x0.5 x

Financial Leverage

2.4 x2.6 x

Quarterly

USDQ1, 2018Q2, 2018Q3, 2018

Cash

134.6m160.9m145.5m

Accounts Receivable

51.1m61.0m53.5m

Prepaid Expenses

13.4m14.0m14.5m

Inventories

22.4m22.1m21.8m

Current Assets

242.6m280.2m254.2m

PP&E

1.2b1.2b1.2b

Goodwill

122.0m115.6m114.7m

Total Assets

1.7b1.7b1.7b

Accounts Payable

15.8m18.4m26.0m

Short-term debt

6.5m6.4m6.4m

Current Liabilities

158.8m178.4m194.3m

Long-term debt

745.8m778.1m740.1m

Total Debt

752.3m784.5m746.4m

Total Liabilities

1.0b1.1b1.0b

Additional Paid-in Capital

986.4m988.2m989.8m

Retained Earnings

(1.0m)(2.6m)10.1m

Total Equity

698.3m668.5m674.7m

Debt to Equity Ratio

1.1 x1.2 x1.1 x

Debt to Assets Ratio

0.4 x0.5 x0.4 x

Financial Leverage

2.4 x2.6 x2.6 x

Belmond Cash Flow

Annual

USDFY, 2017FY, 2018

Net Income

(44.9m)(28.3m)

Depreciation and Amortization

62.9m61.3m

Accounts Receivable

(633.0k)(5.4m)

Inventories

2.5m724.0k

Accounts Payable

(2.5m)7.0m

Cash From Operating Activities

50.7m79.7m

Capital Expenditures

(67.8m)(166.1m)

Cash From Investing Activities

(120.8m)(207.2m)

Long-term Borrowings

(5.7m)(45.3m)

Cash From Financing Activities

89.8m58.6m

Net Change in Cash

26.7m(72.2m)

Free Cash Flow

(17.1m)(86.4m)

Quarterly

USDQ1, 2018Q2, 2018Q3, 2018

Net Income

(14.9m)(16.5m)(3.9m)

Depreciation and Amortization

15.9m30.6m45.6m

Accounts Receivable

(11.5m)(21.8m)(25.3m)

Inventories

1.2m173.0k297.0k

Accounts Payable

(2.2m)1.1m10.1m

Cash From Operating Activities

(7.3m)25.6m90.1m

Capital Expenditures

(30.6m)(82.9m)(125.9m)

Cash From Investing Activities

(76.0m)(121.4m)(164.0m)

Long-term Borrowings

(1.6m)(3.2m)(43.7m)

Cash From Financing Activities

38.3m82.3m43.1m

Net Change in Cash

(42.3m)(14.8m)(33.9m)

Free Cash Flow

(37.9m)(57.3m)(35.7m)

Belmond Ratios

USDFY, 2017

Revenue/Employee

82.8k

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x

Belmond Operating Metrics

FY, 2017Mar, 2018Q1, 2018Q2, 2018Q3, 2018FY, 2018

Properties

464746464646

Room Nights

904.1 k192.12 k893.07 k

Rooms Sold

548.57 k117.43 k238.38 k155 k545.75 k

Occupancy Rate

61%61%60%64%61%

Average Daily Rate

$510$415$589$653$534

Revenue per Available Room

$309$253$351$417$326

Hotels

36363036

Restaurants

1111

Trains

7747

Cruise Businesses

2222

Countries

2424242424

Belmond Employee Rating

4.1143 votes
Culture & Values
4.1
Work/Life Balance
4
Senior Management
3.9
Salary & Benefits
3.6
Career Opportunities
3.7
Source