1 Top Management; 2 Top shareholders; 3 Peer Comparison & Ranking of DNA; 4 Currency Synopsis: Australian Dollar (AUD)

Top Management

Top Management
Top Management [Four top executives with tenure < 5 yrs]

NameDesignationSince Appointment
Lee Bug HuyChief Executive Officer, Executive Director4 Yrs, 9 Mos
Joan DabonCompany Secretary1 Yr, 8 Mos
Laura NewellJoint Company Secretary2 Mos
Paul Porntat AmatavivadhanaIndependent Non-Executive Chairman-


Resignations in the past 4 years

NameDesignationDate of Resignation
Kurkye WongExecutive Director21 December 2020
Leo ChanExecutive Director21 December 2020



Top shareholders
Top 21 shareholders

Name of the Share HolderNumber Of Shares% of Capital
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED26111327021.1
ON NUT ROAD LIMITED15857460312.8
BHUVASITH CHAIARUNROJH14905183012.1
TECHATUT SUKCHAROENKRAISRI14905183012.1
CITICORP NOMINEES PTY LIMITED1203799199.7
BNP PARIBAS NOMS PTY LTD593495634.8
BNP PARIBAS NOMINEES PTY LTDcIB AU NOMS RETAILCLIENT DRP>419561113.4
MR TECK LEE PATRICK TAN382324593.1
J P MORGAN NOMINEES AUSTRALIA PTY LIMITED291354102.4
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED232993311.9
BNP PARIBAS NOMS PTY LTD138427551.1
MONEX BOOM SECURITIES (HK) LTD133889461.1
TA SECURITIES HOLDINGS BERHAD75593130.6
MR TIMOTHY JOHN EAKIN60000000.5
HATIM TAIY PTY LIMITED56165000.5
BNP PARIBAS NOMS(NZ) LTD52450000.4
MR DANKO DRAGICEVIC44545760.4
DEFENDER EQUITIES PTY LTD35700000.3
MRS ANTONIA CAROLINE COLLOPY30000000.2
GPI MANAGEMENT SERVICES PTY LTD28000000.2
CERTANE CT PTY LTD27914690.2
% held by Top 21 shareholders 88.9%


Peer Comparison & Ranking of DNA
PEER COMPARISON: DNA IN INDICES

Donaco International is a constituent of the following indices.

Its market capitalisation is $33 million and accounts for 0.1% of the combined MCap of the S&P/ASX Emerging Companies Index.

Index NameMCap of Index ($ b)DNA MCap as % of Index
S&P/ASX Emerging Companies Index24 0.1
S&P/ASX 200 Consumer Discretionary Index144 0.02

BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING:
Donaco International vs Australian Market

Out of 1,414 stocks in the Australian Market, Donaco International is ranked Thirty-first(31) by EBITDA Margin%, Forty-second(42) by ROA, Seventy-second(72) by Price/Net Tangible Assets and Seventy-eighth(78) by ROE.

Australian AvgDNADNA Rank
EBITDA Margin%4.474.431
ROA (%)0.819.142
Price/Net Tangible Assets3.6x0.3x72
ROE (%)3.824.9978
Net Profit $19.5 M23.7 M240
Revenue $521.3 M27.9 M577
Total Debt/Equity (the lower the better)0.8x0.2x615
Market Cap $1.5 B33.2 M733
Premium to 52-Wk Low (%)17.161.51084
Discount to 52-Wk High (%)2.54.51501
Negative values are shown in brackets.
Stock in Index and Stock in Sector

DescriptionDNAS&P/ASX 200 Consumer Discretionary Index% of S&P/ASX 200 Consumer Discretionary IndexConsumer services sector% of Consumer services sector
Net Profit $23.7 M336.4 M7.1-820,214,315-2.9
Revenue $27.9 M84.1 B0.0319.2 B0.1
Total Assets $128.6 M75.7 B0.230.1 B0.4
MCap $33.2 M143.8 B0.0246.2 B0.1

Relative Valuation Indicators: Stock vs Index and Stock vs Sector

DescriptionDNAS&P/ASX 200 Consumer Discretionary Index Avg.Consumer services sector Avg.
Price/Earnings1.4369.5-56.2
Price/Net Tangible Assets0.341,068.57-27.88
Total Debt/Equity (the lower the better)0.15x0.88x0.76x

MARKET SHARE
Donaco International vs Consumer Services sector [Consumer Services sector Total in Brackets]
EBIT of $A39 million [12.5% of aggregate sector EBIT of $A298.8 million]

GLOBAL RANK [out of 45,964 stocks] AND RANK OF DONACO INTERNATIONAL IN THE ASIA PACIFIC REGION [out of 1,917 stocks]

DescriptionValueGlobal RankIn APAC Region
MCap ($)33.2M31,100900
Total Assets ($)129.7M24,168564
Revenue ($)28.2M27,688652
Net Profit ($)23.9M11,619250
Return on Equity %25.02,70982
Net Profit Margin %87.788446
Price to Book0.22,00054
PV1000 (1Year) $*1,15215,331537
$* Change (1Year) %-29.933,0181,152

* 1 year ago AUD 1 = $ 0.67
May 21, 2025: AUD 1 equals $ 0.64

RANK OF DONACO INTERNATIONAL IN THE AUSTRALIAN MARKET [out of 1662 stocks] AND IN THE CONSUMER SERVICES SECTOR [out of 39 stocks]

DescriptionValueIn Australian MarketIn Consumer services sector
MCap ($A)51.9M82230
Total Assets ($A)200.9M50623
Revenue ($A)43.6M58829
Net Profit ($A)37.1M22812
Return on Equity %25.0766
Net Profit Margin %87.7421
Price to Book0.31052
PV1000 (1Year) AUD1,2004296

LONG-TERM FUNDAMENTAL RANKING: 4 OUT OF 5 [5 is best]
Donaco International is ranked number 28 out of 46 listed consumer services companies in the Australia with a market capitalization of $A51.9 million.
In the consumer services companies it has the 23rd highest total assets and 29th highest revenues.
Within its sector it has a relatively moderate Price/Sales of 1.2.

It has a strong relative ROE of 25.0% and ROA of 19.1%.
Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1.


Currency Synopsis: Australian Dollar (AUD)
% Change of AUD vs Currency Basket Period-Based
In the past year the Australian Dollar fell 4.3% against the US Dollars; in the past three years the Australian Dollar fell 7.8% against the US Dollars.

LastCountry1-day %1-week %1-Year %3-Yrs %
AUD1=0.642USDUnited States Of America0.20.1-4.3-7.8
AUD1=4.632CNYChina0.30.5-4.4-2.2
AUD1=92.623JPYJapan-0.3-2.2-11.32.9
AUD1=0.57EUREuropean Union-0.4-1.2-7.5-14.6
AUD1=892.384KRWSouth Korea-0.3-1.6-1.8-
AUD1=0.83SGDSingapore-0.1-0.7-7.9-14.5
AUD1=1.084NZDNew Zealand-0.4-0.4-0.8-1.8
AUD1=0.48GBPUnited Kingdom-0.4-1.2-9.1-15.3
AUD1=5.02HKDHong Kong0.30.5-4.0-8.6
AUD1=0.534CHFSwitzerland-0.1-1.1-12.3-22.5
AUD1=0.895CADCanada0.1--1.8-0.4
AUD1=6.203SEKSweden-0.9-1.2-13.6-11.4
AUD1=6.61NOKNorway-0.6-1.1-7.5-4.2
AUD1=12.395MXNMexico-0.6-1.411.4-11.5

1 Tax; 2 Financials as Reported H1/2024, FY 2024, Past 10 Years

Tax
Average Income Tax Paid (Past 3 Years)
In the past 3 years, Income Tax as % of profit before tax increased from 0.4% to 2.6% and Income Tax as % of operating cash flow increased from 0.2% to 3.0%.

Description202420232022
As % of profit before tax2.66.50.4
As % of operating cash flow35.70.2


Financials as Reported H1/2024, FY 2024, Past 10 Years
Financials as reported (Half Year)

RESULTS OF OPERATIONS AND FINANCIAL CONDITION
(In $A , except shares outstanding)

INCOME STATEMENT AS REPORTED

Description$A $A
Dec 3120242023Change %
Revenue21,831,90619,451,730Up 12.2
Net foreign exchange gain332,169198,749Up 67.1
Total revenue and other income22,164,07519,650,479Up 12.8
Expenses
Food and beverages-709,775-637,561Deterioration 11.3
Gaming taxes-1,125,547-1,060,629Deterioration 6.1
Employee benefits expense-4,653,298-4,364,059Deterioration 6.6
Depreciation and amortisation expense-2,974,254-3,353,662Improved 11.3
Legal and compliance-309,297-295,039Deterioration 4.8
Marketing and promotions-310,788-326,322Improved 4.8
Professional & consultants-257,724-322,760Improved 20.1
Property costs-1,411,867-1,396,557Deterioration 1.1
Telecommunications and hosting-21,893-39,860Improved 45.1
Gaming costs-772,193-281,170Deterioration 174.6
Administrative expenses-715,616-889,583Improved 19.6
Travel and other expenses-125,652-105,906Deterioration 18.6
Finance costs-891,524-801,217Deterioration 11.3
Total expenses-14,279,428-13,874,325Deterioration 2.9
Profit before income tax7,884,6475,776,154Up 36.5
Income tax benefit60,39810,380Up 481.9
Profit after income tax benefit for the half-year7,945,0455,786,534Up 37.3
Other comprehensive income
Items that may be reclassified subsequently to profit or loss
Foreign currency translation17,641,902-3,334,572Recovery
Other comprehensive income / (loss) for the half-year net of tax17,641,902-3,334,572Recovery
Total comprehensive income for the half-year25,586,9472,451,962Up 943.5
Profit for the half-year is attributable to:
Non-controlling interest175,90284,541Up 108.1
Owners of Donaco International Limited7,769,1435,701,993Up 36.3
7,945,0455,786,534Up 37.3
Total comprehensive income for the half-year is attributable to:
Non-controlling interest175,90284,541Up 108.1
Owners of Donaco International Limited25,411,0452,367,421Up 973.4
25,586,9472,451,962Up 943.5
Earnings per share for profit attributable to the owners of Donaco International Limited
Basic earnings per share0.60c0.50cUp 20.0
Diluted earnings per share0.60c0.50cUp 20.0

BALANCE SHEET AS REPORTED

Description$A $A
Dec 31, 2024Jun 30, 2024Change %
Assets
Current assets
Cash and cash equivalents36,260,18529,299,453Up 23.8
Trade and other receivables399,195297,362Up 34.2
Inventories837,856967,519Down 13.4
Other current assets638,856650,021Down 1.7
Total current assets38,136,09231,214,355Up 22.2
Non-current assets
Property plant and equipment168,278,438154,587,265Up 8.9
Intangibles (including licences)14,988,57613,666,701Up 9.7
Construction in progress551,426516,448Up 6.8
Deferred tax assets132,331113,657Up 16.4
Other non-current assets1,875,307756,569Up 147.9
Total non-current assets185,826,078169,640,640Up 9.5
Total assets223,962,170200,854,995Up 11.5
Liabilities
Current liabilities
Trade and other payables25,216,35723,489,414Up 7.4
Lease liabilities18,31916,449Up 11.4
Borrowings11,008,27615,917,640Down 30.8
Income tax payable818,775773,159Up 5.9
Employee benefits173,703151,335Up 14.8
Total current liabilities37,235,43040,347,997Down 7.7
Non-current liabilities
Trade and other payables40,66723,830Up 70.7
Lease liabilities7,896,3537,280,395Up 8.5
Total non-current liabilities7,937,0207,304,225Up 8.7
Total liabilities45,172,45047,652,222Down 5.2
Net assets178,789,720153,202,773Up 16.7
Equity
Issued capital372,584,126372,584,126Steady
Reserves54,859,41037,217,508Up 47.4
Accumulated losses-250,013,526-257,782,669Improved 3.0
Equity attributable to the owners of Donaco International Limited177,430,010152,018,965Up 16.7
Non-controlling interest1,359,7101,183,808Up 14.9
Total equity178,789,720153,202,773Up 16.7

CASH FLOW AS REPORTED

Description$A $A
Dec 3120242023Change %
Cash flow from operating activities
Receipts from customers25,563,20822,158,080Up 15.4
Payments to suppliers and employees-9,429,934-11,532,606Improved 18.2
16,133,27410,625,474Up 51.8
Interest received28,980316Up 9,070.9
Lease interest paid-165,175-66Deterioration 250,165.2
Government levies gaming taxes income taxes and GST-4,381,270-1,807,485Deterioration 142.4
Net cash flows from operating activities11,615,8098,818,239Up 31.7
Cash flow from investing activities
Payments for property plant and equipment-752,069-84,489Deterioration 790.1
Payments for intangibles-14,362
Net cash flows used in investing activities-766,431-84,489Deterioration 807.1
Cash flow from financing activities
Payments for principal elements of lease-4,348-7,168Improved 39.3
Proceeds from borrowings1,034,303
Repayment of borrowings-5,589,960-1,034,303Deterioration 440.5
Net cash flows used in financing activities-5,594,308-7,168Deterioration 77,945.6
Net increase in cash and cash equivalents5,255,0708,726,582Down 39.8
Cash and cash equivalents beginning of the financial half-year29,299,45316,723,912Up 75.2
Effects of exchange rate changes on cash and cash equivalents1,705,662-328,553Recovery
Cash and cash equivalents at the end of the financial half-year36,260,18525,121,941Up 44.3

Financials as reported (FY 2024 [year-ended 30 June 2024 ])

RESULTS OF OPERATIONS AND FINANCIAL CONDITION
(In $A , except shares outstanding)

INCOME STATEMENT AS REPORTED (FY 2024 [year-ended 30 June 2024 ])

Description$A $A
Jun 3020242023Change %
Revenue39,531,11124,327,480Up 62.5
Other income4,102,847
Total revenue and other income43,633,95824,327,480Up 79.4
Expenses
Food and beverages-1,280,362-947,287Deterioration 35.2
Employee benefits expense-8,679,316-6,739,423Deterioration 28.8
Depreciation and amortisation expense-6,535,293-7,331,105Improved 10.9
Impairment reversal / (expense)19,818,670-26,739,077Recovery
Legal and compliance-785,452-586,330Deterioration 34.0
Marketing and promotions-650,163-975,121Improved 33.3
Professional and consultants-580,115-546,815Deterioration 6.1
Property costs-2,808,432-1,960,583Deterioration 43.2
Telecommunications and hosting-71,258-119,977Improved 40.6
Gaming costs-694,453-975,759Improved 28.8
Administrative expenses-1,554,926-1,761,257Improved 11.7
Net loss on foreign exchange-444,083-300,208Deterioration 47.9
Other expenses-229,291-105,444Deterioration 117.5
Taxation fines and penalties-129,466-8,958,403Improved 98.6
Finance costs-1,690,359-2,361,955Improved 28.4
Total expenses-6,314,299-60,408,744Improved 89.5
Profit / (loss) before income tax benefit / (expense)37,319,659-36,081,264Recovery
Income tax benefit / (expense)965,145-2,333,937Recovery
Profit / (loss) after income tax benefit / (expense) for the year38,284,804-38,415,201Recovery
Other comprehensive income / (loss)
Items that may be reclassified subsequently to profit or loss
Foreign currency translation-5,747,5135,188,214Deterioration
Other comprehensive (loss) / income for the year net of tax-5,747,5135,188,214Deterioration
Total comprehensive income / (loss) for the year32,537,291-33,226,987Recovery
Profit / (loss) for the year is attributable to:
Non-controlling interest1,222,449-1,665,482Recovery
Owners of Donaco International Limited37,062,355-36,749,719Recovery
38,284,804-38,415,201Recovery
Total comprehensive income / (loss) for the year is attributable to:
Non-controlling interest1,222,449-1,665,482Recovery
Owners of Donaco International Limited31,314,842-31,561,505Recovery
32,537,291-33,226,987Recovery
Earnings / (loss) per share for profit / (loss) attributable to
the owners of Donaco International Limited
Basic earnings / (loss) per share3.0c-3.0cRecovery
Diluted earnings / (loss) per share3.0c-3.0cRecovery
NO OF SHARES1,235,389,3821,235,389,382Steady

BALANCE SHEET AS REPORTED (FY 2024 [year-ended 30 June 2024 ])

Description$A $A
Jun 3020242023Change %
Assets
Current assets
Cash and cash equivalents29,299,45316,723,912Up 75.2
Trade and other receivables297,362133,718Up 122.4
Inventories967,519613,028Up 57.8
Other current assets650,021406,575Up 59.9
Total current assets31,214,35517,877,233Up 74.6
Non-current assets
Property plant and equipment154,587,265148,862,035Up 3.8
Intangibles (including licences)13,666,70113,813,889Down 1.1
Construction in progress516,448350,757Up 47.2
Deferred tax assets113,65769,478Up 63.6
Other non-current assets756,569782,863Down 3.4
Total non-current assets169,640,640163,879,022Up 3.5
Total assets200,854,995181,756,255Up 10.5
Liabilities
Current liabilities
Trade and other payables23,489,41431,700,850Down 25.9
Lease liabilities16,4493,802Up 332.6
Borrowings15,917,64018,325,650Down 13.1
Income tax payable773,1591,735,719Down 55.5
Employee benefits151,335168,891Down 10.4
Total current liabilities40,347,99751,934,912Down 22.3
Non-current liabilities
Trade and other payables23,83021,038Up 13.3
Lease liabilities7,280,3959,134,823Down 20.3
Total non-current liabilities7,304,2259,155,861Down 20.2
Total liabilities47,652,22261,090,773Down 22.0
Net assets153,202,773120,665,482Up 27.0
Equity
Issued capital372,584,126372,584,126Steady
Reserves37,217,50846,334,275Down 19.7
Accumulated losses-257,782,669-298,214,278Improved 13.6
Equity attributable to the owners of Donaco International Limited152,018,965120,704,123Up 25.9
Non-controlling interest1,183,808-38,641Recovery
Total equity153,202,773120,665,482Up 27.0

CASH FLOW AS REPORTED (FY 2024 [year-ended 30 June 2024 ])

Description$A $A
Jun 3020242023Change %
Cash flow from operating activities
Receipts from customers46,837,85328,138,036Up 66.5
Payments to suppliers and employees-29,191,174-14,757,603Deterioration 97.8
17,646,67913,380,433Up 31.9
Interest received1,052391Up 169.1
Interest and other finance costs paid-172,486-50,377Deterioration 242.4
Government levies gaming taxes income taxes and GST-2,444,832-3,745,817Improved 34.7
Net cash flows from operating activities15,030,4139,584,630Up 56.8
Cash flow from investing activities
Payments for property plant and equipment-331,509-134,118Deterioration 147.2
Proceeds from disposal of property plant and equipment25,676
Net cash flows used in investing activities-331,509-108,442Deterioration 205.7
Cash flow from financing activities
Proceeds from borrowings1,029,5786,482,025Down 84.1
Repayment of borrowings-3,479,302-5,760,396Improved 39.6
Payments for principal elements of lease-7,716
Net cash flows (used in) / from financing activities-2,457,440721,629Deterioration
Net increase in cash and cash equivalents12,241,46410,197,817Up 20.0
Cash and cash equivalents beginning of the financial year16,723,9126,092,656Up 174.5
Effects of exchange rate changes on cash and cash equivalents334,077433,439Down 22.9
Cash and cash equivalents at the end of the financial year29,299,45316,723,912Up 75.2

Download DONACO INTERNATIONAL Financials Past 10 Years


Description (June 30)20242023202220212020
Income Statement
Revenue per share 0.040.020.050.06
EBITDA (M)32.5(41.1)(25)23.9(66.6)
Depreciation (M)(6.5)(7.3)(8.4)(9)(10.2)
EBIT (M)39(33.7)32.8
Interest (M)1.72.46.6
Profit before tax (M)37.3(36.1)26.2
Tax 965,145(2.3 M)(59,414)(1.3 M)(2.5 M)
Net profit (M)37.1(36.7)(16.5)25.2(58.9)
EPS 0.03(0.03)(0.01)0.02(0.07)
Balance Sheet
Equity Share Capital (M)152120.7152.3160.9135.9
Retained Earnings (M)(257.8)(298.2)(261.5)(245)(270.2)
Total Debt (M)23.227.525.511.129
Total Assets (M)200.9181.8199.2199.1211.4
Current Asset (M)31.217.97.48.615.1
Fixed Asset (M)154.6148.9170.4171165.8
Working Capital (M)(9.1)(34.1)(29.3)(20.1)(54.6)
Cash Flow
Operating Cash Flow (M)159.6(5.7)(4.5)(3.2)
Investing Cash Flow (331,509)(108,442)(1,889)(187,819)(1 M)
Financing Cash Flow (2.5 M)721,6294.6 M(1.5 M)(9.7 M)
Net Cash Flow (M)12.210.2(1.1)(6.3)(13.9)

Description (June 30)20192018201720162015
Income Statement
Revenue per share 0.10.110.160.240.03
Other Revenue 1 M(4,867)(427,602)
EBITDA (M)(204.3)(130.6)45.293.51.3
Depreciation (M)(10.1)(10)(10.1)(9.9)4.9
EBIT (M)55.3103.4(3.5)
Interest (M)20.620.51.7
Profit before tax (M)34.782.9(5.2)
Tax (3.6 M)(3.7 M)(3.5 M)4 M(361)
Net profit (M)(198)(124.5)3178.7(2.9)
EPS (0.24)(0.15)0.040.09(0.01)
Balance Sheet
Equity Share Capital (M)189.6367.9486.1478.2276.4
Retained Earnings (M)(211.3)(13.3)115.492.613.9
Total Debt 35.9 M70.4 M681,507151.8 M16.5 M
Total Assets (M)277.6478.1639.2682.7310.3
Current Asset (M)31.561.388.1106.8225.1
Fixed Asset (M)168162.2161.3172.982
Working Capital (M)(34.9)(1.2)(11.4)15.1205.4
Cash Flow
Operating Cash Flow (M)25.634.647.4508.5
Investing Cash Flow (M)(5.6)(5.7)(5.7)(336.3)(32)
Financing Cash Flow (M)(39.7)(48.1)(53.5)146.6127
Net Cash Flow (M)(19.8)(19.1)(11.8)(139.7)103.6