Hearts and Minds Investments Limited (HM1.AX)

Analysis: Growth Rates Industry: Asset Management Sector: Financial Services Live Price: $3.23

Enterprise Value

Metric / Stat	3Y	5Y
Stock Price
Avg YoY	15.99%	-2.35%
Slope	14.83%	-6.99%
CAGR	15.98%	-8.41%
LSR	15.98%	-4.44%
Market Capitalization
Avg YoY	15.99%	-2.35%
Slope	14.83%	-6.99%
CAGR	15.98%	-8.41%
LSR	15.98%	-4.44%
(-) Cash & Equivalents
Avg YoY	-17.26%	-22.03%
Slope	-21.82%	-28.84%
CAGR	-22.20%	-26.84%
LSR	-22.20%	-26.85%
(+) Total Debt
Avg YoY	-100.00%	-100.00%
Slope	0.00%	50.00%
CAGR	—	—
LSR	—	—
Enterprise Value
Avg YoY	20.10%	3.63%
Slope	18.35%	-3.71%
CAGR	20.05%	-6.50%
LSR	20.05%	-0.83%

Income Statement

Metric / Stat	3Y	5Y
Revenue
Avg YoY	-68.00%	189.01%
Slope	185.41%	124.52%
CAGR	—	—
LSR	—	—
Cost of Revenue
Avg YoY	-99.82%	139.50%
Slope	-149.46%	-53.21%
CAGR	—	—
LSR	—	—
Gross Profit
Avg YoY	-68.00%	187.32%
Slope	185.42%	124.58%
CAGR	—	—
LSR	—	—
Gross Margin
Avg YoY	0.00%	-0.02%
Slope	0.00%	-0.10%
CAGR	0.00%	-0.03%
LSR	0.00%	-0.10%
R&D Expenses
Avg YoY	—	188.36%
Slope	—	-57.39%
CAGR	—	—
LSR	—	—
SG&A Expenses
Avg YoY	22.77%	27.87%
Slope	19.80%	20.23%
CAGR	20.69%	26.48%
LSR	20.69%	23.17%
Operating Expenses
Avg YoY	588.86%	291.11%
Slope	6.64%	-13.21%
CAGR	4.71%	-1.25%
LSR	4.71%	-24.17%
Operating Income (EBIT)
Avg YoY	66.33%	151.45%
Slope	49.90%	208.82%
CAGR	65.16%	—
LSR	65.16%	—
Operating Margin
Avg YoY	-108.17%	39.54%
Slope	263.37%	-49.46%
CAGR	—	-28.68%
LSR	—	—
Interest Income
Avg YoY	—	-96.13%
Slope	—	-96.41%
CAGR	—	—
LSR	—	—
Interest Expense
Avg YoY	-99.82%	139.50%
Slope	-149.46%	-53.21%
CAGR	—	—
LSR	—	—
Net Interest Income
Avg YoY	-99.82%	168.95%
Slope	149.46%	52.73%
CAGR	—	—
LSR	—	—
Other Income / Expense
Avg YoY	-50.02%	2,584.61%
Slope	75.02%	-24.54%
CAGR	—	—
LSR	—	—
Unusual Items
Avg YoY	-50.02%	2,584.61%
Slope	-75.02%	24.54%
CAGR	—	—
LSR	—	—
EBT excl. Unusual
Avg YoY	110.04%	177.07%
Slope	70.12%	288.52%
CAGR	106.78%	—
LSR	106.78%	—
Pre-Tax Income
Avg YoY	84.58%	162.45%
Slope	59.25%	241.51%
CAGR	82.50%	—
LSR	82.50%	—
Pre-Tax Margin
Avg YoY	-105.40%	41.13%
Slope	231.60%	-49.63%
CAGR	—	-28.69%
LSR	—	—
Income Tax Expense
Avg YoY	89.29%	143.41%
Slope	61.43%	269.77%
CAGR	87.08%	—
LSR	87.08%	—
Net Income
Avg YoY	82.68%	172.93%
Slope	58.35%	231.05%
CAGR	80.66%	—
LSR	80.66%	—
Net Margin
Avg YoY	-105.49%	50.53%
Slope	234.74%	-49.10%
CAGR	—	-27.37%
LSR	—	—
EBITDA
Avg YoY	66.33%	151.45%
Slope	49.90%	208.82%
CAGR	65.16%	—
LSR	65.16%	—
EBITDA Margin
Avg YoY	-108.17%	39.54%
Slope	263.37%	-49.46%
CAGR	—	-28.68%
LSR	—	—
NOPAT
Avg YoY	66.33%	151.45%
Slope	49.90%	208.82%
CAGR	65.16%	—
LSR	65.16%	—
NOPAT Margin
Avg YoY	-108.17%	39.54%
Slope	263.37%	-49.46%
CAGR	—	-28.68%
LSR	—	—
Owner's Earnings
Avg YoY	82.68%	172.93%
Slope	58.35%	231.05%
CAGR	80.66%	—
LSR	80.66%	—
Owner's Earnings Margin
Avg YoY	-105.49%	50.53%
Slope	234.74%	-49.10%
CAGR	—	-27.37%
LSR	—	—
EPS (Basic)
Avg YoY	82.35%	171.80%
Slope	58.19%	235.11%
CAGR	80.30%	—
LSR	80.30%	—
EPS (Diluted)
Avg YoY	82.35%	171.80%
Slope	58.19%	235.11%
CAGR	80.30%	—
LSR	80.30%	—
Shares (Basic)
Avg YoY	0.20%	0.42%
Slope	0.20%	0.44%
CAGR	0.20%	0.42%
LSR	0.20%	0.44%
Shares (Diluted)
Avg YoY	0.20%	0.42%
Slope	0.20%	0.44%
CAGR	0.20%	0.42%
LSR	0.20%	0.44%

Balance Sheet

Metric / Stat	3Y	5Y
Cash & Cash Equivalents
Avg YoY	-66.62%	50.92%
Slope	-117.83%	-13.26%
CAGR	-74.21%	-26.84%
LSR	-74.21%	-26.85%
Short-Term Investments
Avg YoY	-100.00%	-100.00%
Slope	0.00%	24.49%
CAGR	—	—
LSR	—	—
Cash & Short-Term Investments
Avg YoY	-39.85%	35.59%
Slope	-63.32%	3.90%
CAGR	-74.21%	-26.84%
LSR	-74.21%	-16.61%
Net Receivables
Avg YoY	-33.45%	77.83%
Slope	-69.64%	-0.26%
CAGR	-46.89%	-3.34%
LSR	-46.89%	0.44%
Inventory
Avg YoY	—	-100.00%
Slope	—	100.00%
CAGR	—	—
LSR	—	—
Other Current Assets
Avg YoY	-100.00%	-100.00%
Slope	0.00%	49.90%
CAGR	—	—
LSR	—	—
Total Current Assets
Avg YoY	-39.29%	35.81%
Slope	-62.96%	4.09%
CAGR	-74.14%	-26.75%
LSR	-74.14%	-16.45%
Long-Term Investments
Avg YoY	-35.01%	-48.02%
Slope	-40.85%	-63.72%
CAGR	-35.45%	-50.15%
LSR	-35.45%	-48.76%
Tax Assets
Avg YoY	-59.73%	468.76%
Slope	-83.08%	-26.02%
CAGR	—	—
LSR	—	—
Other Non-Current Assets
Avg YoY	-206.25%	395.50%
Slope	174.27%	118.34%
CAGR	—	—
LSR	—	—
Other Assets
Avg YoY	756.90%	1,085.23%
Slope	132.93%	86.32%
CAGR	741.87%	368.43%
LSR	741.87%	259.98%
Total Non-Current Assets
Avg YoY	745.00%	342.61%
Slope	119.80%	21.73%
CAGR	244.09%	17.62%
LSR	244.09%	1.10%
Total Assets
Avg YoY	70.80%	27.83%
Slope	49.43%	15.67%
CAGR	58.37%	14.35%
LSR	58.37%	12.56%
Short-Term Debt
Avg YoY	-100.00%	-100.00%
Slope	0.00%	50.00%
CAGR	—	—
LSR	—	—
Other Current Liabilities
Avg YoY	81.49%	19.03%
Slope	55.47%	-27.66%
CAGR	68.71%	-18.07%
LSR	68.71%	-13.85%
Total Current Liabilities
Avg YoY	78.37%	17.47%
Slope	44.60%	-20.69%
CAGR	68.71%	-18.07%
LSR	68.71%	-7.38%
Deferred Tax Liabilities
Avg YoY	180.98%	40.49%
Slope	110.63%	-1.26%
CAGR	—	-4.66%
LSR	—	—
Other Non-Current Liabilities
Avg YoY	204.99%	79.38%
Slope	91.37%	-3.14%
CAGR	204.04%	-4.66%
LSR	204.04%	8.26%
Total Non-Current Liabilities
Avg YoY	369.49%	160.50%
Slope	100.63%	-2.24%
CAGR	329.98%	-4.66%
LSR	329.98%	16.03%
Total Liabilities
Avg YoY	245.06%	98.70%
Slope	90.13%	-6.11%
CAGR	228.53%	-7.08%
LSR	228.53%	9.35%
Common Stock
Avg YoY	-0.16%	-0.07%
Slope	-0.16%	-0.12%
CAGR	-0.16%	-0.07%
LSR	-0.16%	-0.12%
Retained Earnings
Avg YoY	-384.98%	-240.38%
Slope	2,473.04%	-93.22%
CAGR	—	-21.07%
LSR	—	—
Accumulated OCI
Avg YoY	-4.60%	-14.80%
Slope	-6.03%	-20.81%
CAGR	-5.60%	-18.09%
LSR	-5.60%	-16.55%
Total Shareholders’ Equity
Avg YoY	7.81%	-4.80%
Slope	7.52%	-6.67%
CAGR	7.70%	-7.41%
LSR	7.70%	-5.28%
Total Equity
Avg YoY	7.81%	-4.80%
Slope	7.52%	-6.67%
CAGR	7.70%	-7.41%
LSR	7.70%	-5.28%
Total Liabilities & Equity
Avg YoY	15.20%	-2.96%
Slope	14.21%	-6.62%
CAGR	15.02%	-7.36%
LSR	15.02%	-4.72%
Tangible Assets
Avg YoY	70.80%	27.83%
Slope	49.43%	15.67%
CAGR	58.37%	14.35%
LSR	58.37%	12.56%
Tangible Equity
Avg YoY	7.81%	-4.80%
Slope	7.52%	-6.67%
CAGR	7.70%	-7.41%
LSR	7.70%	-5.28%
Tangible Book Value
Avg YoY	7.81%	-4.80%
Slope	7.52%	-6.67%
CAGR	7.70%	-7.41%
LSR	7.70%	-5.28%
Total Investments
Avg YoY	153.88%	47.36%
Slope	-13.65%	-33.70%
CAGR	-35.45%	-50.15%
LSR	-35.45%	-40.93%
Net Debt
Avg YoY	-64.03%	52.22%
Slope	119.13%	13.76%
CAGR	—	—
LSR	—	—

Capital Structure

Metric / Stat	3Y	5Y
Working Capital
Avg YoY	-41.21%	58.74%
Slope	-66.24%	5.32%
CAGR	-80.75%	-31.37%
LSR	-80.75%	-20.70%
Total Capital
Avg YoY	7.77%	-1.97%
Slope	7.50%	-2.31%
CAGR	7.70%	-3.33%
LSR	7.70%	-1.86%
Capital Employed
Avg YoY	11.54%	-1.32%
Slope	10.95%	-2.37%
CAGR	11.39%	-3.42%
LSR	11.39%	-1.76%
Invested Capital
Avg YoY	192.12%	69.51%
Slope	60.32%	1.15%
CAGR	134.19%	-0.80%
LSR	134.19%	1.33%

Cash Flow

Metric / Stat	3Y	5Y
Net Income
Avg YoY	82.35%	-89.45%
Slope	58.19%	235.11%
CAGR	80.30%	—
LSR	80.30%	—
Change in Working Capital
Avg YoY	-55.44%	-958.77%
Slope	-74.90%	481.57%
CAGR	-74.93%	—
LSR	-74.93%	—
Accounts Receivable
Avg YoY	44.16%	-163.54%
Slope	1,284.83%	78.64%
CAGR	-94.97%	—
LSR	—	—
Other Working Capital
Avg YoY	-57.46%	-1,042.05%
Slope	-76.83%	471.55%
CAGR	-75.24%	—
LSR	-75.24%	—
Other Non-Cash Items
Avg YoY	-45.55%	14.63%
Slope	-36.67%	-78.69%
CAGR	45.55%	24.11%
LSR	45.55%	—
Net Cash from Operating Activities
Avg YoY	-60.31%	-3.66%
Slope	-857.35%	71.78%
CAGR	—	-54.17%
LSR	—	—
Purchases of Investments
Avg YoY	0.12%	0.16%
Slope	10.40%	7.94%
CAGR	-8.79%	-5.97%
LSR	-8.79%	-7.74%
Sales / Maturities of Investments
Avg YoY	-0.78%	-9.54%
Slope	-4.29%	-14.60%
CAGR	-3.89%	-11.95%
LSR	-3.89%	-12.77%
Net Cash from Investing Activities
Avg YoY	53.43%	-26.74%
Slope	2,519.96%	-72.77%
CAGR	—	-59.71%
LSR	—	—
Net Dividends Paid
Avg YoY	-11.25%	-11.66%
Slope	-10.67%	-10.87%
CAGR	11.25%	11.66%
LSR	11.25%	11.56%
Common Dividends Paid
Avg YoY	-11.25%	-11.66%
Slope	-10.67%	-10.87%
CAGR	11.25%	11.66%
LSR	11.25%	11.56%
Net Cash from Financing Activities
Avg YoY	-11.25%	-11.66%
Slope	-10.67%	-10.87%
CAGR	11.25%	11.66%
LSR	11.25%	11.56%
Effect of FX on Cash
Avg YoY	161.08%	110.96%
Slope	54.64%	163.94%
CAGR	36.37%	—
LSR	—	—
Net Change in Cash
Avg YoY	-218.57%	-1,107.60%
Slope	57.58%	-641.67%
CAGR	-31.11%	—
LSR	—	—
Cash at Beginning of Period
Avg YoY	-20.21%	23.21%
Slope	-34.27%	-4.71%
CAGR	-26.65%	5.54%
LSR	-26.65%	-3.09%
Cash at End of Period
Avg YoY	-17.26%	-22.03%
Slope	-21.82%	-28.84%
CAGR	-22.20%	-26.84%
LSR	-22.20%	-26.85%
Operating Cash Flow
Avg YoY	-60.31%	-19.60%
Slope	-857.35%	66.86%
CAGR	—	-54.17%
LSR	—	—
Capital Expenditure
Avg YoY	-100.00%	41.55%
Slope	-595.47%	50.72%
CAGR	—	-7.33%
LSR	—	—
Free Cash Flow
Avg YoY	-60.31%	-19.60%
Slope	-857.35%	66.86%
CAGR	—	-54.17%
LSR	—	—

Free Cash Flow

Metric / Stat	3Y	5Y
EBITDA
Avg YoY	33.02%	531.37%
Slope	427.82%	-23.18%
CAGR	—	—
LSR	—	—
(-) Tax Adjustment
Avg YoY	33.77%	467.14%
Slope	447.22%	-23.34%
CAGR	—	—
LSR	—	—
Change In Working Capital
Avg YoY	-55.44%	-958.77%
Slope	-74.90%	481.57%
CAGR	-74.93%	1.22%
LSR	-74.93%	—
Capital Expenditure
Avg YoY	-100.00%	41.55%
Slope	-595.47%	50.72%
CAGR	—	—
LSR	—	—
Unlevered Free Cash Flow
Avg YoY	14.97%	670.29%
Slope	206.90%	-86.21%
CAGR	—	—
LSR	—	—
Net Interest After Taxes
Avg YoY	99.82%	-184.99%
Slope	149.46%	52.48%
CAGR	—	—
LSR	—	—
Levered Free Cash Flow
Avg YoY	14.97%	670.86%
Slope	206.90%	-86.19%
CAGR	—	—
LSR	—	—