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Psc Insurance Group Ltd (PSI.AX)

Psc Insurance Group Ltd (PSI.AX)
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PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the UK. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The UK business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.

Fiscal Year End Date: 06/30

(Values in U.S. Thousands) Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020
Sales 329,004 289,574 251,146 203,625 173,283
Sales Growth +13.62% +15.30% +23.34% +17.51% +54.65%
Net Income 57,161 55,757 26,658 40,447 17,887
Net Income Growth +2.52% +109.16% -34.09% +126.13% -27.56%
(Values in U.S. Thousands) Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020
Total Assets 1,187,660 1,080,465 976,829 888,864 662,282
Total Assets Growth +9.92% +10.61% +9.90% +34.21% -13.59%
Total Liabilities 691,991 624,736 568,064 542,457 417,761
Total Liabilities Growth +10.77% +9.98% +4.72% +29.85% -31.77%
(Values in U.S. Thousands) Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020
Operating Cash Flow 0 0 0 0 0
Operating Cash Flow Growth unch unch unch unch unch
Net Cash Flow -715 -35,756 58,523 21,949 3,993
Change in Net Cash Flow +98.00% -161.10% +166.63% +449.69% +114.19%
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