YOLFTbeta
Solvar Ltd

Solvar Ltd

SVR · AU · Financial Services / Credit Services

1.40AUD-0.01 (-0.71%)

Price History

Full chart

Market Stats

Previous Close1.41
Open1.40
Day Range1.40 – 1.41
52-Week Range1.31 – 1.80
Volume35.59K
Market Cap272.18M
P/E (TTM)9.09
Forward P/E9.16
EPS0.16
Dividend Yield8.28%
Beta1.22
50-Day Avg1.57
200-Day Avg1.62

About

Solvar Limited, together with its subsidiaries, provides automotive finance in Australia and New Zealand. It offers consumer and commercial loans for new and used vehicles, motorbikes, utility vehicles, tractors, caravans, horse floats, trailers, trucks, cars, boats, jet skis, and car repairs and medical expenses, as well as supporting special occasions, such as weddings and holidays. The company also provides secured and unsecured personal loans, and commercial lending. It serves sole traders and small to medium businesses through brokers, dealers, directly through its websites, and referral partners under the Automotive Financial Services, Go Car Finance, Money3, and Bennji brands. The company was formerly known as Money3 Corporation Limited and changed its name to Solvar Limited in November 2022. Solvar Limited was founded in 2000 and is headquartered in Bundoora, Australia.

Company Details

  • SectorFinancial Services
  • IndustryCredit Services
  • CEOMr. Scott Joseph Baldwin
  • Employees0
  • Headquarters40 Graduate Road, Bundoora, VIC, Australia, 3083, Australia
  • Websitehttps://www.solvar.com.au

Leadership

  • Mr. Scott Joseph BaldwinCEO, MD & Executive Director · b. 1975
  • Mr. Siva SubramaniChief Financial Officer
  • Mr. Pushkar PendseChief Operating Officer
  • Simon HinsleyHead of Investor Relations
  • Ms. Tessa GeorgisHead of HR, People & Culture
  • Ms. Zoe SmithChief Risk Officer
  • Mr. Michael Sapountzis AGIA, B.Com., L.L.B., M.A.I.C.D.Company Secretary

Financials

Income Statement

Currency: AUD2007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue6.40M7.81M-222.14K254.87K181.94K236.41K43.38M68.85M96.36M109.63M121.88M91.50M122.13M145.10M187.88M209.34M220.75M4.21M193.44M
Growth (%)-+21.97%--+14.73%-28.61%+29.93%+18251.81%+58.69%+39.96%+13.77%+11.17%-24.92%+33.48%+18.81%+29.48%+11.42%+5.45%-98.09%+4494.70%
Cost of Revenue---------3.81M3.40M259.00K3.73M7.34M11.07M14.18M18.67M20.81M52.07M16.41M
Gross Profit6.40M7.81M-222.14K254.87K181.94K236.41K43.38M68.85M92.55M106.23M121.62M87.77M114.80M134.03M173.70M190.67M99.95M-47.86M177.03M
Gross Margin100.00%100.00%-100.00%100.00%100.00%100.00%100.00%100.00%96.05%96.90%99.79%95.92%93.99%92.37%92.45%91.08%45.28%-1136.79%91.52%
Operating Expense4.67M5.92M--2.89M-3.51M-3.59M-5.37M30.87M45.00M58.58M56.68M65.77M40.87M67.33M55.39M76.77M124.11M61.63M-92.56M84.29M
Operating Income1.73M1.89M1.92M3.11M3.77M3.77M5.60M12.52M23.84M33.97M49.55M55.85M46.90M47.47M78.64M96.93M66.57M38.33M44.70M92.74M
Operating Margin26.96%24.15%-1399.16%1478.41%2072.44%2369.46%28.85%34.63%35.25%45.20%45.83%51.26%38.86%54.20%51.59%31.80%17.36%1061.66%47.94%
EBITDA1.92M2.11M238.79K3.36M4.03M4.31M6.91M13.69M24.77M35.28M50.58M56.69M47.52M49.08M80.92M99.16M110.77M98.58M98.24M90.43M
EBITDA Margin29.94%27.09%-1512.73%1579.51%2371.18%2922.55%31.55%35.99%36.62%46.13%46.52%51.93%40.19%55.77%52.78%52.92%44.66%2333.52%46.75%
Net Income1.21M1.20M1.03M2.15M2.46M2.58M3.65M7.83M13.94M20.13M29.09M32.03M29.21M24.19M39.16M51.63M47.63M17.04M31.42M29.47M
Net Income Margin18.94%15.37%-967.97%964.61%1415.33%1543.05%18.05%20.25%20.90%26.53%26.28%31.92%19.81%26.99%27.48%22.75%7.72%746.32%15.24%
R&D--------1.88M0.30.390.421.83M3.96M5.36M6.47M6.71M7.25M6.93M-
R&D as % of Total Revenue--------2.73%0.00%0.00%0.00%2.01%3.24%3.69%3.44%3.21%3.29%164.66%-
Interest Expense10.57K84.17K96.69K104.12K179.87K157.90K354.26K978.02K3.73M4.57M7.28M9.06M11.54M15.06M22.24M23.14M41.89M54.81M52.07M47.77M
Interest Expense % of Total Revenue0.17%1.08%-46.87%70.57%86.79%149.85%2.25%5.41%4.74%6.64%7.43%12.61%12.33%15.33%12.32%20.01%24.83%1236.79%24.70%

Balance Sheet

Currency: AUD2006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets23.16M25.74M28.18M25.85M28.36M34.28M37.46M57.25M116.71M168.34M218.37M274.70M326.71M394.50M441.56M628.63M822.17M1.02B1.02B961.59M1.03B
Total Liabilities1.88M3.37M5.37M1.76M2.91M3.76M4.02M6.03M35.61M45.62M61.85M92.64M107.53M153.80M191.71M292.11M453.25M638.37M657.24M607.88M698.35M
Total Equity21.27M22.36M22.81M24.09M25.45M30.54M33.50M51.22M81.10M122.73M156.52M182.06M219.18M240.70M249.85M336.52M368.92M377.13M365.74M353.71M328.96M
Cash4.14M893.33K591.20K1.18M2.28M4.79M1.26M4.56M23.68M12.42M27.18M21.11M46.31M36.31M44.47M55.63M122.50M145.87M152.90M98.94M119.50M
Total Debt21.23K34.04K1.15M670.76K1.27M1.56M1.59M3.05M29.34M35.21M48.63M79.51M97.83M136.01M172.04M263.00M425.83M618.85M632.94M588.50M681.90M
Net Debt-4.12M-859.29K562.78K-504.95K-1.00M-3.23M334.06K-1.51M5.66M22.79M21.45M58.41M51.52M99.70M127.57M207.37M303.33M472.98M480.05M489.57M562.40M

Cash Flow

Currency: AUD2007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow-1.01M-165.65K1.27M1.65M2.55M2.35M3.16M-28.93M-38.29M-10.83M-29.74M-4.58M-27.96M-17.04M-48.83M-65.78M-124.19M19.75M49.51M-24.16M
Investing Cash Flow-1.26M-193.92K-280.08K-293.03K-2.91M-6.24M-14.92M-41.02M-5.15M-372.00K-737.00K-347.00K21.00M7.49M-23.01M-3.10M-1.53M-185.00K-12.42M112.00K
Financing Cash Flow3.05M57.44K-401.55K-252.84K2.88M364.28K14.95M48.69M32.19M25.97M24.40M30.13M-3.97M18.65M82.58M136.18M149.09M-12.52M-91.19M44.85M
Capital Expenditure596.12K282.92K280.08K252.18K422.91K1.58M2.06M1.29M1.29M345.00K755.00K347.00K294.00K771.00K869.00K794.00K327.00K196.00K303.00K243.00K
Free Cash Flow-1.60M-448.57K986.06K1.39M2.13M764.92K1.11M-30.22M-39.58M-11.18M-30.49M-4.93M-28.26M-771.00K-869.00K-794.00K-327.00K19.55M49.21M-24.41M
Dividends Paid354.57K923.68K928.33K854.26K1.16M1.56M1.40M3.08M4.08M5.64M6.93M9.50M13.29M16.66M11.80M25.65M27.34M26.14M22.52M36.30M
FCF to OCF159.12%270.79%77.88%84.68%83.43%32.61%34.93%104.46%103.36%103.19%102.54%107.58%101.05%4.53%1.78%1.21%0.26%99.01%99.39%101.01%
Dividend Paid to FCF-22.10%-205.92%94.15%61.29%54.36%203.62%127.01%-10.20%-10.30%-50.44%-22.73%-192.83%-47.04%-2161.48%-1357.77%-3230.86%-8361.77%133.67%45.77%-148.73%

Earnings

Report DateFeb 29, 2016Aug 29, 2016Feb 22, 2017Aug 31, 2017Feb 19, 2018Aug 27, 2018Feb 24, 2019Aug 19, 2019Feb 17, 2020Aug 17, 2020Nov 22, 2020Feb 14, 2021May 19, 2021Aug 15, 2021Nov 17, 2021Feb 14, 2022May 18, 2022Aug 14, 2022Nov 16, 2022Feb 15, 2023May 17, 2023Aug 15, 2023Nov 10, 2023Feb 18, 2024May 22, 2024Aug 19, 2024Nov 21, 2024Feb 24, 2025May 30, 2025Aug 18, 2025Nov 14, 2025
EPS Estimate0.000.000.000.000.000.100.000.100.100.000.000.080.000.080.000.000.000.000.000.110.000.120.000.120.000.070.000.060.000.070.00
EPS Actual0.060.060.080.100.100.100.100.130.080.040.000.100.000.090.000.120.000.120.000.120.000.000.000.000.000.000.000.040.000.070.00
Surprise-----3.09%-34.02%-20.00%--26.58%-9.76%-11900.00%---11.11%--100.00%--100.00%--100.00%--36.51%-0.00%-
Timing-------------------Pre-market-Pre-market-------Pre-market-

Key Statistics & Ratios

Market Cap272.18M
Enterprise Value838.32M
Trailing P/E9.09
Forward P/E9.16
Price / Sales2.81
Price / Book0.84
EPS0.16
Book Value1.76
Revenue (TTM)96.92M
Gross Profit (TTM)96.92M
EBITDA118.41M
Profit Margin30.41%
Operating Margin41.56%
Return on Equity8.63%
Return on Assets2.96%
Shares Outstanding187.06M
Shares Float126.52M
Beta1.22
Dividend Yield8.28%
Dividend Rate0.12
Payout Ratio91.03%

Dividends

20262×
0.09Sep 2, 20260.09Mar 4, 2026
20253×
0.03Dec 11, 20250.08Sep 3, 20250.06Mar 4, 2025
20242×
0.05Sep 3, 20240.05Mar 4, 2024
20232×
0.09Sep 1, 20230.07Mar 1, 2023
20222×
0.07Sep 1, 20220.06Mar 16, 2022
20212×
0.07Sep 8, 20210.03Mar 9, 2021
20202×
0.03Sep 2, 20200.05Mar 5, 2020
20192×
0.05Sep 23, 20190.05Mar 5, 2019
20182×
0.05Oct 1, 20180.04Feb 27, 2018
20172×
0.03Oct 5, 20170.03Mar 14, 2017
20162×
0.03Oct 6, 20160.03Mar 17, 2016
20151×
0.03Oct 6, 2015