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Vicinity Centres (VCX.AX)

Vicinity Centres (VCX.AX)
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Vicinity Centres operates over 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.

Fiscal Year End Date: 06/30

(Values in U.S. Thousands) Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020
Sales 1,321,900 1,317,200 1,274,600 1,179,800 1,096,200
Sales Growth +0.36% +3.34% +8.04% +7.63% -9.60%
Net Income 1,004,600 547,100 271,500 1,215,200 -258,000
Net Income Growth +83.62% +101.51% -77.66% +571.01% +85.67%
(Values in U.S. Thousands) Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021 Jun, 2020
Total Assets 16,342,500 15,725,800 15,584,600 15,552,600 14,425,800
Total Assets Growth +3.92% +0.91% +0.21% +7.81% -5.34%
Total Liabilities 5,214,600 5,086,900 4,946,500 4,667,500 4,416,500
Total Liabilities Growth +2.51% +2.84% +5.98% +5.68% -5.63%
(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 31,100 -143,300 137,300 8,400 -180,200
Change in Net Cash Flow +121.70% -204.37% +1,534.52% +104.66% -193.61%
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