Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 1 | 1 | 1 | 1 | 19 | 19 | 19 |
| Reserves | 19 | 29 | 34 | 40 | 92 | 92 | 101 |
| Borrowings | 14 | 18 | 21 | 44 | 33 | 26 | 16 |
| Other Liabilities | 27 | 29 | 34 | 37 | 32 | 40 | 37 |
| Total Liabilities | 61 | 78 | 88 | 122 | 176 | 176 | 174 |
| AssetsFixed Assets | 3 | 3 | 3 | 5 | 7 | 9 | 11 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 58 | 75 | 85 | 117 | 168 | 167 | 162 |
| Total Assets | 61 | 78 | 88 | 122 | 176 | 176 | 174 |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 8 | -3 | 1 | -14 | 2 | -6 |
| Cash from Investing | 1 | -1 | -1 | -3 | -49 | 24 |
| Cash from Financing | -9 | 3 | 0 | 20 | 47 | -19 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | 8 | -3 | 0 | -17 | -3 | -12 |
| 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.
SDREAMS · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.