Midway Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Lumber & Wood Production
  • Company website

Company description

Midway Limited engages in the production, processing, and export of woodfibre in Australia, China, Japan, and Southeast Asia. It operates through Woodfibre, Forestry Logistics, and Plantation Management segments. The company provides support services to third parties engaged in growing woodfibre, including harvest and haul; supplies biomass woodchips and sawdust; and planation management services, comprising silviculture services. In addition, the company markets third party woodfibre. Midway Limited was incorporated in 1980 and is based in North Shore, Australia.

Financial highlights

Market Capitalization$65.5022 million
P/E Ratio0
P/E Growth Ratio
Book Value1.434
Dividend Per Share0
Earnings Per Share-0.03
EBITDA-6,938
Profit Margin-0.0148
Operating Margin TTM-0.0518
Return on Assets TTM-0.028
Return on Equity TTM-0.0174
Revenue TTM189,835.008

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2011-06-30 109,910 85,044
2012-06-30 124,615 99,007
2013-06-30 78,666 63,909
2014-06-30 93,674 76,399 19,542.262 89,887.526
2015-06-30 142,282.35 96,390.38 45,891.97 133,049.681
2016-06-30 208,521.7 121,271.98 87,249.72 0
2017-06-30 209,214 130,517 78,697 64,131
2018-06-30 232,886 133,919 98,967 79,162
2019-06-30 284,132 149,403 134,729 108,129
2020-06-30 258,215 162,927 95,288 108,881
2021-06-30 280,245 194,590 85,655 91,668
2022-06-30 198,607 121,720 76,887 92,177
2023-06-30 188,178 122,826 65,352 80,114

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2011-06-30 30,635 258,191 100,743 36,759 28,833
2012-06-30 30,455 251,395 96,105 35,320 28,833
2013-06-30 22,491 218,589 76,297 32,088 28,833
2014-06-30 21,990 211,797 77,560 32,899.122 29,316 28,833
2015-06-30 29,181.595 225,495.19 85,707.74 30,196.75 29,400 28,833.04
2016-06-30 3,990 149,121 -64,956 -465 29,400 28,833
2017-06-30 15,025 154,808 63,763 714 30,949 28,833
2018-06-30 10,356 188,341 89,113 7,304 34,313 29,045
2019-06-30 15,518 277,034 134,374 6,637 31,874 64,791
2020-06-30 11,049 260,604 130,485 11,610 33,001 64,888
2021-06-30 12,956 262,895 130,654 9,552 32,034 64,888
2022-06-30 2,969 257,175 132,377 21,029 25,862 64,888
2023-06-30 5,606 182,599 55,622 3,567 4,348 64,888

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2011-06-30 11,990 6,644
2012-06-30 12,776 4,340
2013-06-30 8,004 11,260
2014-06-30 2,317.307 6,707 -718.945 3,449
2015-06-30 18,635.379 11,741.78 7,409.9 5,896.17
2016-06-30 0 3,015.59 -18,001.24 11,180 71,904.07
2017-06-30 14,854 16,238 3,845 11,180 15,025 11,223
2018-06-30 18,360 13,165 -4,669 15,025 10,356 13,475
2019-06-30 25,787 9,934 5,162 10,356 15,518 14,596
2020-06-30 -11,733 11,102 -4,469 15,518 11,049 -7,860
2021-06-30 -5,178 22,270 1,907 11,049 12,956 -840
2022-06-30 -12,878 345 -9,987 12,956 2,969 0
2023-06-30 -2,803 -12,257 2,637 2,969 5,606