MOV Corporation Ltd

  • IPO date:
  • Sector: Industrials
  • GIC Group: Capital Goods
  • Industry: Integrated Freight & Logistics
  • Company website

Company description

Move Logistics Group Limited, together with its subsidiaries, operates as a freight and logistics company in New Zealand. It operates through five segments: International, Specialist, Freight, Contract Logistics, and Corporate. The company offers freight services for general freight, less than a container load, full truck loads, household relocations, containerized and bulk lots, temperature-controlled goods, non-hazardous and dangerous liquids, project cargo and heavy haulage, and specialized equipment; and logistics and warehousing services, including picking and packing customization services for individual orders, intelligent warehouse management systems, 4PL consulting services, custom solutions, consultancy services for service improvement, and managed warehousing services. It also provides customs clearance and brokerage, air freight, sea freight, courier, warehousing, and coastal shipping services; and specialist lifting, handling, and transport services, such as heavy haulage, freight movement, machinery relocation and installation, crane transport and hire, precast concrete transport, and container packing and devanning services. In addition, the company transports petrol, diesel, LPG, oil and gas, crude oil and condensates, bitumen, emulsion, hazardous and non-hazardous bulk liquids, and other petroleum products. Further, it is involved in asset leasing and shipping agency activities. The company was formerly known as TIL Logistics Group Limited and changed its name to Move Logistics Group Limited in August 2021. The company was founded in 1869 and is headquartered in New Plymouth, New Zealand.

Financial highlights

Market Capitalization$74.4865 million
P/E Ratio0
P/E Growth Ratio
Book Value0.559
Dividend Per Share0
Earnings Per Share-0.06
EBITDA15,069
Profit Margin-0.0208
Operating Margin TTM0.0052
Return on Assets TTM0.0036
Return on Equity TTM-0.0789
Revenue TTM345,972.992

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2019-06-30 355,139 355,139 348,810
2020-06-30 333,811 333,811 332,395
2021-06-30 353,247 353,247 341,854
2022-06-30 345,782 345,782 336,925
2023-06-30 343,873 343,873

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2019-06-30 6,389 176,382 142,060 5,185 79,132 35,449
2020-06-30 11,882 344,698 307,772 31,982 80,163 37,054
2021-06-30 13,214 337,892 299,925 94,662 10,206 31,840
2022-06-30 14,940 327,117 254,124 30,106 32,116 75,188
2023-06-30 8,744 305,236 230,333 20,615

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2019-06-30 4,004 3,508 2,881 6,389 941
2020-06-30 2,015 5,493 6,389 11,882 672
2021-06-30 869 1,332 11,882 13,214 371
2022-06-30 -4,208 1,726 13,214 14,940 44
2023-06-30 -7,190 -6,196 14,940 8,744 624