$2.9 B

Flight Centre Revenue FY, 2018
Flight Centre Revenue growth (FY, 2017 - FY, 2018), %7%
Flight Centre Gross profit (FY, 2018)1.3 B
Flight Centre Gross profit margin (FY, 2018), %44.3%
Flight Centre Net income (FY, 2018)264.2 M
Flight Centre EBITDA (FY, 2018)441.5 M
Flight Centre EBIT (FY, 2018)363.7 M
Flight Centre Cash, 30-Jun-20181.3 B
Flight Centre EV3.6 B

Flight Centre Revenue

Flight Centre revenue was $2.95 b in FY, 2018 which is a 6.5% year over year increase from the previous period.

Embed Graph

Flight Centre Revenue Breakdown

Embed Graph

Flight Centre revenue breakdown by geographic segment: 54.8% from Australia and New Zealand , 19.3% from Americas, 14.5% from EMEA, 8.4% from Other and 3.1% from Other

Flight Centre Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

2.6b2.8b2.9b

Revenue growth, %

5%7%

Cost of goods sold

1.4b1.5b1.6b

Gross profit

1.2b1.2b1.3b

Gross profit Margin, %

46%44%44%

Sales and marketing expense

199.1m199.9m185.3m

Operating expense total

783.0m800.7m845.9m

Depreciation and amortization

66.1m75.0m77.8m

EBITDA

413.9m402.1m441.5m

EBITDA margin, %

16%15%15%

EBIT

347.8m327.1m363.7m

EBIT margin, %

13%12%12%

Interest expense

28.6m28.5m25.5m

Interest income

25.8m26.8m25.3m

Pre tax profit

345.0m325.4m363.5m

Income tax expense

100.5m94.7m99.3m

Net Income

244.6m230.8m264.2m

Flight Centre Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

1.3b1.3b1.3b

Accounts Receivable

454.1m533.0m594.2m

Prepaid Expenses

39.1m41.8m59.3m

Inventories

1.7m1.2m1.6m

Current Assets

2.3b2.3b2.4b

PP&E

216.2m256.2m247.6m

Goodwill

366.9m371.8m485.6m

Total Assets

3.0b857.7m3.4b

Accounts Payable

356.1m396.5m479.1m

Short-term debt

76.8m55.9m34.8m

Current Liabilities

1.6b1.6b1.7b

Long-term debt

652.0k

Non-Current Liabilities

90.5m131.8m167.0m

Total Debt

76.8m55.9m35.5m

Total Liabilities

1.7b1.8b1.9b

Common Stock

399.2m402.8m404.0m

Retained Earnings

922.6m1.0b1.1b

Total Equity

1.3b1.4b1.6b

EPS

242.3227.7259.3

Debt to Equity Ratio

0.1 x0 x0 x

Debt to Assets Ratio

0 x0.1 x0 x

Financial Leverage

2.2 x0.6 x2.2 x

Flight Centre Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Depreciation and Amortization

66.1m75.0m77.8m

Accounts Receivable

(12.0m)(98.2m)(74.4m)

Inventories

138.0k490.0k(407.0k)

Accounts Payable

23.5m94.6m41.1m

Cash From Operating Activities

356.6m295.4m314.3m

Purchases of PP&E

(93.9m)(75.8m)(51.0m)

Cash From Investing Activities

(290.2m)(161.3m)(146.4m)

Long-term Borrowings

(31.3m)(233.1m)(232.9m)

Dividends Paid

(158.4m)(138.3m)(155.7m)

Cash From Financing Activities

(110.5m)(156.0m)(186.2m)

Net Change in Cash

(44.1m)(21.9m)(18.3m)

Interest Paid

(28.8m)(25.8m)(25.8m)

Income Taxes Paid

(108.5m)(85.4m)(85.4m)

Flight Centre Ratios

USDY, 2018

EV/EBITDA

8.1 x

EV/EBIT

9.8 x

EV/CFO

11.4 x

Revenue/Employee

145.6k

Financial Leverage

2.2 x

P/E Ratio

0.2

Flight Centre Operating Metrics

FY, 2015FY, 2016FY, 2017Jan, 2018FY, 2018Feb, 2019

Brands

32 37

Sales Teams

2.83 k2.91 k2.97 k2.88 k

Flight Centre Employee Rating

3.31016 votes
Culture & Values
3.6
Work/Life Balance
2.7
Senior Management
3.2
Salary & Benefits
3.2
Career Opportunities
3.6
Source