Ironbark Capital Ltd

IBC · AU · Financial Services / Asset Management

0.435AUD-0.01 (-2.25%)

Price History

Full chart

Market Stats

Previous Close0.445

Open0.445

Day Range0.435 – 0.445

52-Week Range0.4012 – 0.4439

Volume2.21K

Market Cap42.01M

P/E (TTM)14.00

Forward P/E0.00

EPS0.03

Dividend Yield9.05%

Beta0.34

50-Day Avg0.4352

200-Day Avg0.4341

About

Ironbark Balanced Income Limited is an closed-end balanced mutual fund launched and advised by Kaplan Funds Management Pty Ltd. The fund has an income emphasis and invests in the public equity and fixed income markets in Australia. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in various companies listed on the Australian stock exchanges. The fund seeks to benchmark its performance against RBA Cash Rate +3% p.a. (after management fees) and pays a quarterly dividend. Previously Ironbark Capital Limited was formed in March 1987 and is domiciled in Australia.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Sam Kaplan BE, FSIA, Hons, MBA
Employees0
HeadquartersSuite 607, Edgecliff, NSW, Australia, 2027, Australia
Websitehttps://www.ironbarkcapital.com

Leadership

Mr. Sam Kaplan BE, FSIA, Hons, MBAChief Executive Officer & Board of Directors · b. 1950
Ms. Natalie Sylvia Climo L.L.B.Company Secretary

Financials

Income Statement

Currency: AUD	1989-06-30	1990-06-30	1991-06-30	1992-06-30	1993-06-30	1994-06-30	1995-06-30	1996-06-30	1997-06-30	1998-06-30	1999-06-30	2000-06-30	2001-06-30	2002-06-30	2003-06-30	2004-06-30	2005-06-30	2006-06-30	2007-06-30	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30

Currency: AUD	1989-06-30	1990-06-30	1991-06-30	1992-06-30	1993-06-30	1994-06-30	1995-06-30	1996-06-30	1997-06-30	1998-06-30	1999-06-30	2000-06-30	2001-06-30	2002-06-30	2003-06-30	2004-06-30	2005-06-30	2006-06-30	2007-06-30	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30
Total Revenue	-	-	-	-	-	-	-	-	-	-	-	26.18M	-6.32M	-5.67M	-2.93M	7.36M	13.24M	11.49M	14.15M	-9.84M	-6.19M	8.37M	10.94M	1.68M	8.10M	10.30M	1.04M	-134.00K	5.85M	2.70M	7.03M	-3.80M	8.90M	1.19M	6.89M	3.54M	4.10M	4.23M
Growth (%)	-	-	-	-	-	-	-	-	-	-	-	-	-124.16%	+10.33%	+48.39%	+351.52%	+79.90%	-13.26%	+23.18%	-169.53%	+37.06%	+235.17%	+30.70%	-84.62%	+381.28%	+27.19%	-89.89%	-112.86%	+4464.93%	-53.87%	+160.67%	-154.05%	+334.18%	-86.62%	+478.93%	-48.73%	+16.04%	+3.12%
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.09M	507.00K	509.00K	515.00K	1.30M	313.00K	-183.00K	-184.00K	-164.00K	371.00K	426.00K	476.00K
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-6.32M	-5.67M	-2.93M	7.36M	13.24M	11.49M	14.15M	-9.84M	-6.19M	8.37M	10.94M	1.68M	8.10M	10.30M	295.00K	-483.00K	5.51M	2.34M	7.03M	-4.11M	9.08M	1.38M	7.06M	3.16M	3.90M	3.75M
Gross Margin	-	-	-	-	-	-	-	-	-	-	-	-	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	28.31%	360.45%	94.17%	86.62%	100.00%	108.23%	102.06%	115.45%	102.38%	89.50%	95.15%	88.75%
Operating Expense	-	-	-	-	-	-	-	-	-	-	-	-	7.27M	5.89M	3.44M	-5.98M	758.00K	2.42M	761.00K	812.00K	670.00K	584.00K	683.00K	650.00K	633.00K	786.00K	174.00K	116.00K	116.00K	120.00K	491.00K	17.00K	539.00K	662.00K	609.00K	193.00K	570.00K	350.00K
Operating Income	18.29M	16.04M	14.63M	47.46M	19.91M	31.26M	9.73M	36.40M	87.32M	12.46M	80.18M	41.65M	-13.59M	-11.56M	-6.37M	13.34M	12.49M	9.07M	13.39M	-10.65M	-6.86M	7.79M	10.26M	1.03M	7.47M	9.52M	121.00K	-599.00K	5.39M	2.22M	6.54M	-4.13M	8.54M	713.00K	6.45M	2.97M	3.33M	3.40M
Operating Margin	-	-	-	-	-	-	-	-	-	-	-	159.12%	214.91%	203.84%	217.56%	181.23%	94.28%	78.92%	94.62%	108.25%	110.82%	93.02%	93.76%	61.38%	92.19%	92.37%	11.61%	447.01%	92.19%	82.17%	93.02%	108.68%	96.00%	59.87%	93.55%	84.05%	81.25%	80.47%
EBITDA	18.29M	16.04M	14.63M	47.46M	19.91M	31.26M	9.73M	36.40M	87.32M	12.46M	80.18M	41.65M	-13.59M	-11.56M	-6.37M	13.34M	12.49M	9.07M	13.39M	-10.65M	-6.86M	7.79M	10.26M	1.03M	7.47M	9.52M	121.00K	-599.00K	5.39M	2.22M	-118.00K	3.20M	8.45M	816.00K	6.45M	2.95M	3.33M	3.40M
EBITDA Margin	-	-	-	-	-	-	-	-	-	-	-	159.12%	214.91%	203.84%	217.56%	181.23%	94.28%	78.92%	94.62%	108.25%	110.82%	93.02%	93.76%	61.38%	92.19%	92.37%	11.61%	447.01%	92.19%	82.17%	-1.68%	-84.08%	94.89%	68.51%	93.55%	83.37%	81.25%	80.47%
Net Income	7.82M	7.31M	6.67M	19.23M	9.21M	13.84M	4.90M	15.78M	35.27M	6.87M	32.60M	18.80M	-4.08M	-4.75M	-3.21M	6.63M	9.68M	7.32M	10.00M	-7.03M	-3.75M	5.93M	7.88M	1.79M	6.19M	7.67M	1.22M	381.00K	4.56M	2.28M	5.60M	-2.61M	6.66M	1.35M	5.47M	2.61M	3.07M	2.89M
Net Income Margin	-	-	-	-	-	-	-	-	-	-	-	71.81%	64.48%	83.67%	109.84%	90.08%	73.05%	63.74%	70.64%	71.41%	60.62%	70.85%	71.99%	106.42%	76.37%	74.50%	116.60%	-284.33%	77.89%	84.51%	79.68%	68.77%	74.82%	113.60%	79.33%	73.78%	74.77%	68.42%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.17	0.93	0.52	0.91	-	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.00%	0.00%	0.00%	0.00%	-	-	-
Interest Expense	0	0	0	0	0	0	0	0	0	0	0	0	0	327.00K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Interest Expense % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.00%	-5.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-	-	-

Balance Sheet

Currency: AUD	1989-06-30	1990-06-30	1991-06-30	1992-06-30	1993-06-30	1994-06-30	1995-06-30	1996-06-30	1997-06-30	1998-06-30	1999-06-30	2000-06-30	2001-06-30	2002-06-30	2003-06-30	2004-06-30	2005-06-30	2006-06-30	2007-06-30	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30

Currency: AUD	1989-06-30	1990-06-30	1991-06-30	1992-06-30	1993-06-30	1994-06-30	1995-06-30	1996-06-30	1997-06-30	1998-06-30	1999-06-30	2000-06-30	2001-06-30	2002-06-30	2003-06-30	2004-06-30	2005-06-30	2006-06-30	2007-06-30	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30
Total Assets	89.35M	92.66M	97.10M	132.17M	131.72M	143.49M	134.91M	147.44M	185.71M	225.39M	254.78M	264.15M	67.68M	58.95M	48.48M	70.22M	76.93M	86.37M	106.70M	92.01M	77.59M	77.61M	80.72M	79.76M	86.42M	91.62M	94.34M	68.28M	74.07M	73.75M	68.24M	61.59M	68.89M	59.78M	62.67M	61.31M	61.57M	60.50M
Total Liabilities	3.52M	5.67M	6.55M	12.06M	8.75M	14.69M	9.07M	14.86M	27.69M	21.61M	32.30M	33.46M	5.21M	9.33M	828.00K	2.67M	3.21M	3.81M	6.01M	3.34M	555.00K	111.00K	375.00K	173.00K	129.00K	4.27M	112.00K	238.00K	121.00K	71.00K	1.41M	76.00K	1.95M	1.02M	1.26M	1.23M	1.83M	2.38M
Total Equity	85.83M	86.99M	90.56M	120.11M	122.97M	128.81M	125.83M	132.58M	158.02M	203.78M	222.48M	230.69M	62.47M	49.62M	47.65M	67.55M	73.72M	82.56M	100.69M	88.67M	77.03M	77.50M	80.34M	79.58M	86.29M	87.35M	94.23M	68.05M	73.95M	73.67M	66.84M	61.52M	66.94M	58.76M	61.41M	60.09M	59.75M	58.12M
Cash	20.73M	17.98M	19.43M	8.22M	2.82M	9.68M	4.69M	9.54M	15.25M	-	827.00K	5.60M	3.80M	2.11M	2.91M	9.76M	3.97M	3.77M	12.43M	6.46M	13.29M	16.24M	6.25M	2.15M	123.00K	977.00K	18.10M	4.88M	6.57M	314.00K	309.00K	645.00K	1.24M	1.30M	647.00K	907.00K	4.22M	4.69M
Total Debt	-	-	-	-	-	-	-	-	-	1.63M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	-20.73M	-17.98M	-19.43M	-8.22M	-2.82M	-9.68M	-4.69M	-9.54M	-15.25M	1.63M	-827.00K	-5.60M	-3.80M	-2.11M	-2.91M	-9.76M	-3.97M	-3.77M	-12.43M	-6.46M	-13.29M	-16.24M	-6.25M	-2.15M	-123.00K	-977.00K	-18.10M	-4.88M	-6.57M	-314.00K	-309.00K	-645.00K	-1.24M	-1.30M	-647.00K	-907.00K	-4.22M	-4.69M

Cash Flow

Currency: AUD	1989-06-30	1990-06-30	1991-06-30	1992-06-30	1993-06-30	1994-06-30	1995-06-30	1996-06-30	1997-06-30	1998-06-30	1999-06-30	2000-06-30	2001-06-30	2002-06-30	2003-06-30	2004-06-30	2005-06-30	2006-06-30	2007-06-30	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30

Currency: AUD	1989-06-30	1990-06-30	1991-06-30	1992-06-30	1993-06-30	1994-06-30	1995-06-30	1996-06-30	1997-06-30	1998-06-30	1999-06-30	2000-06-30	2001-06-30	2002-06-30	2003-06-30	2004-06-30	2005-06-30	2006-06-30	2007-06-30	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30
Operating Cash Flow	-	-	-	-	-	-	-	-	-	-350.00K	-1.99M	8.58M	-15.86M	-196.00K	2.44M	2.14M	3.97M	-1.71M	526.00K	-954.00K	14.72M	8.45M	-4.93M	-1.55M	-2.52M	4.36M	14.59M	13.35M	347.00K	-3.69M	12.44M	3.05M	1.83M	9.60M	2.16M	2.90M	2.99M	1.82M
Investing Cash Flow	-	-	-	-	-	-	-	-	16.52M	-56.24M	16.77M	9.72M	182.50M	1.38M	4.02M	-8.56M	-6.26M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.52M	-	6.40M	-459.00K	-	3.72M	3.17M
Financing Cash Flow	-	-	-	11.03M	-6.29M	-6.91M	-7.76M	-8.06M	-9.49M	39.71M	-12.32M	-13.53M	-168.44M	-2.91M	-5.66M	13.26M	-3.50M	1.51M	8.13M	-5.01M	-7.89M	-5.50M	-5.06M	-2.55M	496.00K	-3.50M	2.53M	-26.57M	1.34M	-2.56M	-12.44M	-2.71M	-1.23M	-9.54M	-2.81M	-3.89M	-3.40M	-4.51M
Capital Expenditure	0	0	0	0	0	0	0	0	67.80M	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
Free Cash Flow	-	-	-	-	-	-	-	-	-67.80M	-350.00K	-1.99M	8.58M	-15.86M	-196.00K	2.44M	2.14M	3.97M	-1.71M	526.00K	-954.00K	14.72M	8.45M	-4.93M	-1.55M	-2.52M	4.36M	14.59M	13.35M	347.00K	-3.69M	12.44M	3.05M	1.83M	9.60M	2.16M	4.15M	2.99M	1.82M
Dividends Paid	-	-	-	7.25M	6.29M	6.91M	7.76M	8.06M	9.49M	11.22M	12.32M	13.53M	46.64M	2.91M	5.66M	1.33M	3.50M	2.82M	3.29M	4.93M	1.18M	5.26M	4.96M	2.55M	6.23M	3.50M	5.14M	1.51M	3.77M	2.54M	5.17M	2.71M	1.23M	2.64M	2.59M	2.55M	2.60M	2.67M
FCF to OCF	-	-	-	-	-	-	-	-	-	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	143.08%	100.00%	100.00%
Dividend Paid to FCF	-	-	-	-	-	-	-	-	-14.00%	-3205.43%	-620.18%	157.63%	-294.01%	-1482.65%	231.75%	62.21%	88.07%	-164.49%	624.71%	-516.35%	8.04%	62.26%	-100.59%	-163.96%	-247.14%	80.40%	35.21%	11.32%	1087.90%	-68.84%	41.58%	88.97%	67.30%	27.52%	119.87%	61.50%	86.77%	147.25%

Earnings

Report Date	Feb 19, 2016	Aug 24, 2016	Feb 17, 2017	Aug 24, 2017	Feb 8, 2018	Aug 17, 2018	Feb 15, 2019	Aug 23, 2019	Feb 13, 2020	Aug 25, 2020	Feb 18, 2021	Aug 25, 2021	Feb 18, 2022	Aug 25, 2022	Feb 17, 2023	Feb 24, 2025	Aug 21, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	-	-	0.00	-
EPS Actual	0.00	0.00	0.03	0.01	0.01	0.00	0.01	0.03	0.01	-0.03	0.03	0.02	0.02	-0.01	0.04	0.02	0.01
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	Pre-market	-	Pre-market

Key Statistics & Ratios

Market Cap42.01M

Enterprise Value-17.55M

Trailing P/E14.00

Forward P/E0.00

PEG Ratio0.00

Price / Sales9.93

Price / Book0.75

EPS0.03

Book Value0.578

Revenue (TTM)4.23M

Gross Profit (TTM)4.23M

Profit Margin68.42%

Operating Margin74.68%

Return on Equity4.91%

Return on Assets3.64%

Shares Outstanding100.02M

Shares Float0

Beta0.34

Dividend Yield9.05%

Dividend Rate0.04

Payout Ratio113.48%

Dividends

20263×

0.01Sep 3, 20260.01May 14, 20260.01Mar 3, 2026

20252×

0.01Sep 4, 20250.01Mar 4, 2025

20242×

0.01Sep 5, 20240.01Mar 4, 2024

20232×

0.01Sep 5, 20230.01Mar 6, 2023

20222×

0.01Sep 1, 20220.01Mar 3, 2022

20212×

0.01Sep 2, 20210.01Feb 25, 2021

20202×

0.01Jun 15, 20200.01Feb 19, 2020

20192×

0.01Jun 14, 20190.02Mar 18, 2019

20182×

0.01Aug 30, 20180.01Feb 15, 2018

20172×

0.01Aug 30, 20170.01Feb 27, 2017

20163×

0.01Dec 14, 20160.01Aug 16, 20160.00Jun 14, 2016