Future Generation Global

  • IPO date:
  • Sector: Financial Services
  • GIC Group: Financial Services
  • Industry: Asset Management
  • Company website

Company description

Future Generation Global Investment Company Limited is a closed-ended equity fund of funds launched by Wilson Asset Management (International) Pty Limited. The fund is co-managed by Antipodes Partners, Avenir Capital Pty Ltd, Cooper Investors Pty Limited, Eastspring Investments (Singapore) Limited, Ellerston Capital Pty Limited, Hunter Hall Investment Management Limited, Insync Funds Management Pty Limited, IronBridge Capital Management, L.P., Magellan Asset Management Limited, Manikay Partners, Morphic Asset Management Pty Limited, Neuberger Berman Australia Pty Limited, Nikko Asset Management Australia Limited, Optimal Fund Management Pty Limited, Paradice Investment Management Pty Ltd., Tribeca Investment Partners Pty Ltd., and VGI Partners Pty Limited. It invests in funds which invest in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in other mutual funds which in turn invest in stocks of companies across all market capitalizations. The fund employs both quantitative and fundamental analysis with a combination of bottom-up and top-down stock selection approaches to create its portfolio. Future Generation Global Investment Company Limited was formed on July 10, 2015 and is domiciled in Australia.

Financial highlights

Market Capitalization$479.5151 million
P/E Ratio7.52
P/E Growth Ratio
Book Value1.394
Dividend Per Share0.071
Earnings Per Share0.16
EBITDA74,681
Profit Margin0.6635
Operating Margin TTM0.994
Return on Assets TTM0.1053
Return on Equity TTM0.1175
Revenue TTM94,553

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-12-31 9,448 36 9,412 49.846
2016-12-31 9,572 0 9,572 190
2017-12-31 6,736 26 7,044 231
2018-12-31 21,566 12 21,671 306
2019-12-31 19,022 15 19,022 -5,905
2020-12-31 33,854 17 33,854 146
2021-12-31 74,690 15 74,690 453
2022-12-31 -121,286 20 -121,286 -6,249

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-12-31 17,163 297,027 4,504 0 300,458
2016-12-31 16,605 309,565 4,746 301,320
2017-12-31 25,073 365,317 13,481 0 322,172
2018-12-31 173,261 499,526 14,836 0 449,303
2019-12-31 51,863 583,050 37,367 0 450,147
2020-12-31 56,303 643,598 51,273 0 450,809
2021-12-31 33,800 690,198 60,979 0 451,834
2022-12-31 46,614 522,456 5,980 0 453,831

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-12-31 4,135.385 172 17,163 2,449
2016-12-31 4,693 -2,598 393 16,605 2,449
2017-12-31 3,047 -4,711 8,468 16,605 25,073 2,622
2018-12-31 12,761 -1,011 148,188 25,073 173,261 2,662
2019-12-31 8,562 -11,748 -121,398 173,261 51,863 -5,030
2020-12-31 19,778 -13,323 4,440 51,863 56,303 -7,187
2021-12-31 47,657 -11,766 -22,503 56,303 33,800 -10,763
2022-12-31 -89,130 -89,130 12,814 33,800 46,614 -23,613