Outsourced visa, passport and consular-services operator for embassies/governments across 6 countries, plus digital identity verification (DuVerify), visa partner tech (DuVisas), UAE company formation and global manpower recruitment.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 3 | 3 | 14 | 14 | 14 | 14 |
| Reserves | 1 | 2 | 5 | 20 | 64 | 73 | 84 | 89 |
| Borrowings | 1 | 0 | 4 | 4 | 11 | 7 | 11 | 9 |
| Other Liabilities | 5 | 2 | 4 | 4 | 5 | 6 | 9 | 6 |
| Total Liabilities | 8 | 4 | 15 | 31 | 94 | 100 | 118 | 119 |
| AssetsFixed Assets | 1 | 0 | 6 | 7 | 9 | 10 | 11 | 24 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Investments | 2 | 0 | 1 | 0 | 24 | 25 | 26 | 21 |
| Other Assets | 4 | 3 | 9 | 24 | 60 | 64 | 81 | 74 |
| Total Assets | 8 | 4 | 15 | 31 | 94 | 100 | 118 | 119 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 4 | -4 | -2 | -1 | 1 | -11 | -18 | — |
| Cash from Investing | -5 | 4 | 2 | -2 | -15 | -38 | 17 | — |
| Cash from Financing | 1 | -0 | -0 | 5 | 14 | 57 | -4 | — |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 3 | -4 | -2 | -2 | -2 | -13 | -24 | — |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
DUGLOBAL · CYCLICAL_UNMODELABLE
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