IRSA Inversiones y Representaciones Sociedad Anónima (IRS)

Last Price$13.23.4%

Market Cap$963.9M

LTM Revenue

$445.1M

+221.9% YoY

LTM Net Income

($452.5M)

N/A

LTM Net Debt

$211.4M

Net Debt to FCF - 2.0x

LTM Free Cash Flow (FCF)

$140.3M

31.5% margin

IRS Income Statement

IRS Income Statement Overview

Annual

Quarterly

LTM

Jun'15

Jun'16

Jun'17

Jun'18

Jun'19

Jun'20

Jun'21

Jun'22

Jun'23

Jun'24

Revenue

$608.9M 268.0% YoY

Gross profit

$406.4M 275.0% YoY

66.8% margin

Cost of revenue

$202.5M 254.6% YoY

Operating expenses

$785.4M 1,667.2% YoY

Net income

$54.0M 0.0% YoY

(8.9%) margin

Other: $638.6M

SG&A

$92.8M 161.0% YoY

15.2% of revenue

IRS Income statement key metrics

Annual

Quarterly

LTM

Revenue

$608.9M +268.0% YoY

Operating Income

($378.9M) +842.6% YoY

Net Income

($54.0M) N/A

IRS Balance Sheet

IRS Balance Sheet Overview

Annual

Quarterly

LTM

Jun'15

Jun'16

Jun'17

Jun'18

Jun'19

Jun'20

Jun'21

Jun'22

Jun'23

Jun'24

Assets

Liabilities

Total assets

$2,461.5M

Current assets ($250.0M, 10.2% of total)

Cash & ST investments

$163.6M (6.6%)

Accounts receivables

$84.8M (3.4%)

Other current assets

$1,637.1K (0.1%)

Non-current assets ($2,211.4M, 89.8% of total)

Long-term investments

($6,692.3K) ((0.3%))

Property, Plan and Equipment

$51.9M (2.1%)

Intangible assets

$69.0M (2.8%)

Other non-current assets

$2,097.3M (85.2%)

Financial position

Net Debt

$251.2M

Cash & Short-term Investments

Total Debt

Quick ratio

0.8x

Net Debt to Free Cash Flow

2.3x

Debt to Equity ratio

32.8%

IRS Balance Sheet Metrics

Annual

Quarterly

LTM

Assets

$2,461.5M +215.0% YoY

Liabilities

$1,196.1M +235.9% YoY

Shareholder's Equity

$1,265.4M +197.6% YoY

IRS Cash Flow Statement

IRS Cash Flow Statement Overview

Annual

Quarterly

LTM

Jun'15

Jun'16

Jun'17

Jun'18

Jun'19

Jun'20

Jun'21

Jun'22

Jun'23

Jun'24

($7,702.5K) Net Change in Cash

IRS Cash Flow Statement key metrics

Annual

Quarterly

LTM

Operating Cash Flow (OCF)

$191.8M +91.4% YoY

Capital Expenditure (CAPEX)

($7,517.1K) +333.3% YoY

Free Cash Flow (FCF)

$184.3M +85.1% YoY

IRS Financials

USD

ARS

Millions

Billions

Annual

Quarterly

Trailing

Key stats

Income statement

Balance sheet

Cash Flow Statement

Valuation

Ratios

Per share

Per employee

Dividends & Yields

	Jun'05	Jun'06	Jun'07	Jun'08	Jun'09	Jun'10	Jun'11	Jun'12	Jun'13	Jun'14	Jun'15	Jun'16	Jun'17	Jun'18	Jun'19	Jun'20	Jun'21	Jun'22	Jun'23	Jun'24
Revenue % growth	126.6 39.0%	193.4 52.7%	234.3 21.2%	345.6 47.5%	360.5 4.3%	344.8 (4.3%)	361.2 4.8%	365.5 1.2%	446.8 22.2%	426.6 (4.5%)	394.0 (7.6%)	2,831.3 618.6%	4,772.2 68.6%	1,714.5 (64.1%)	1,576.1 (8.1%)	1,596.4 1.3%	151.1 (90.5%)	293.1 94.0%	480.6 64.0%	608.9 26.7%
Cost of Goods Sold (COGS)	57.1	81.6	98.8	156.1	150.2	123.8	150.5	128.3	222.2	203.1	174.9	1,949.5	3,314.8	1,017.1	1,114.2	1,036.6	76.4	110.7	165.8	202.5
Gross Profit % margin	69.5 54.9%	111.8 57.8%	135.5 57.8%	189.5 54.8%	210.3 58.3%	220.9 64.1%	210.7 58.3%	237.1 64.9%	224.6 50.3%	223.5 52.4%	219.1 55.6%	881.7 31.1%	1,457.3 30.5%	697.4 40.7%	461.9 29.3%	559.8 35.1%	74.7 49.4%	182.4 62.2%	314.8 65.5%	406.4 66.8%
Operating Expenses	21.2	44.0	72.5	108.3	122.5	80.3	64.1	65.9	64.2	65.5	66.9	685.7	1,122.7	445.6	451.1	394.3	52.4	65.4	129.1	785.4
Research & Development Expenses (R&D)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	(0.0)	0.0	(0.0)	0.0	(0.0)	0.0
Selling, General & Administrative Expenses (SG&A)	36.8	52.1	80.9	109.6	113.3	99.2	76.9	76.0	61.5	66.4	65.8	682.9	1,067.2	400.6	390.4	351.2	45.2	48.4	103.3	92.8
Operating Income % margin	48.3 38.2%	67.8 35.0%	63.0 26.9%	81.2 23.5%	87.3 24.2%	140.6 40.8%	146.6 40.6%	171.3 46.9%	219.7 49.2%	185.5 43.5%	291.2 73.9%	297.4 10.5%	614.4 12.9%	1,456.8 85.0%	(97.8) (6.2%)	367.9 23.0%	22.2 14.7%	115.0 39.2%	(116.8) (24.3%)	(378.9) (62.2%)
Interest Income	(0.0)	0.0	7.0	4.4	3.7	5.3	5.0	6.0	7.8	11.3	7.6	66.5	54.6	38.3	34.6	27.0	5.3	5.4	8.0	44.3
Interest Expense	4.2	0.0	21.1	30.6	44.0	38.1	57.8	65.1	65.6	70.5	72.7	206.3	416.5	397.5	407.1	339.1	75.7	75.7	65.3	74.8
Pre-tax Income	61.5	61.1	72.0	51.3	63.1	137.1	111.3	92.5	87.9	(134.3)	64.6	(98.9)	329.2	450.4	(769.8)	208.6	(81.4)	344.0	(19.0)	(148.5)
Income Tax % effective tax rate	18.2 29.6%	19.7 32.2%	27.8 38.5%	24.9 48.6%	23.7 37.6%	38.7 28.2%	26.2 23.5%	23.9 25.9%	27.1 30.9%	(9.6) 7.2%	56.5 87.5%	12.9 (13.1%)	187.5 57.0%	(6.4) (1.4%)	(44.8) 5.8%	114.5 54.9%	252.3 (309.8%)	25.3 7.4%	(347.3) 1,827.2%	(85.9) 57.8%
Net Income % margin	35.4 27.9%	32.3 16.7%	34.0 14.5%	17.5 5.1%	46.8 13.0%	87.2 25.3%	70.7 19.6%	65.3 17.9%	48.8 10.9%	(117.9) (27.6%)	(4.8) (1.2%)	(60.0) (2.1%)	194.9 4.1%	777.4 45.3%	(725.0) (46.0%)	94.1 5.9%	(333.8) (220.9%)	315.6 107.7%	324.3 67.5%	(54.0) (8.9%)
EPS	0.12	0.08	0.07	0.03	0.08	0.15	0.12	0.11	0.08	(0.20)	(0.01)	(0.10)	0.33	1.33	(1.26)	0.18	(0.66)	0.45	0.47	(0.07)
Diluted EPS	0.08	0.08	0.06	0.03	0.08	0.15	0.12	0.11	0.08	(0.20)	(0.01)	(0.10)	0.33	1.33	(1.26)	0.18	(0.66)	0.45	0.47	(0.07)
EBITDA % margin	63.3 50.0%	95.0 49.1%	94.1 40.2%	118.2 34.2%	138.2 38.3%	216.7 62.9%	207.7 57.5%	184.0 50.3%	198.4 44.4%	(29.7) (7.0%)	506.2 128.5%	1,685.1 59.5%	1,061.7 22.2%	695.5 40.6%	101.2 6.4%	1,641.5 102.8%	(44.0) (29.1%)	123.5 42.1%	210.0 43.7%	(61.6) (10.1%)