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Link Administration Holdings Ltd (LNK.AX)

Link Administration Holdings Ltd (LNK.AX)
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Link derives its revenue primarily from providing administration services to the financial services sector in Australia, and the share registry and investment fund sectors in the U.K. The company is the largest provider of superannuation administration services and the second-largest provider of share registry services in Australia. Link's clients are usually contracted for between two and five years. The customers are relatively sticky, resulting in a high recurring revenue. The capital-light business model means cash flow is relatively strong.

Fiscal Year End Date: 06/30

(Values in U.S. Thousands) Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020 Jun, 2019
Sales 955,629 1,175,329 1,160,340 1,230,401 1,403,465
Sales Growth -18.69% +1.29% -5.69% -12.33% +17.11%
Net Income -417,691 -67,890 -163,352 -115,996 318,976
Net Income Growth -515.25% +58.44% -40.83% -136.37% +125.17%
(Values in U.S. Thousands) Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020 Jun, 2019
Total Assets 3,024,333 3,942,163 4,276,768 4,339,452 4,915,823
Total Assets Growth -23.28% -7.82% -1.44% -11.72% +25.00%
Total Liabilities 2,779,706 2,433,031 2,537,173 2,424,181 2,755,040
Total Liabilities Growth +14.25% -4.10% +4.66% -12.01% +35.54%
(Values in U.S. Thousands) Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020 Jun, 2019
Operating Cash Flow 0 0 0 0 0
Operating Cash Flow Growth unch unch unch unch unch
Net Cash Flow 24,756 -198,202 133,393 -285,834 293,685
Change in Net Cash Flow +112.49% -248.59% +146.67% -197.33% +11.22%
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