ASX Share rice
Mon 17 May 2021 - 10:42:am (Sydney)

FLT Share Price

FLIGHT CENTRE TRAVEL GROUP LIMITEDFLTConsumer Services

FLT Company Information

Name:

Flight Centre Travel Group Limited

Sector:

Consumer Cyclical

Industry:

Travel Services

GIC Industry:

Hotels, Restaurants & Leisure

GIC Sub Industry:

Hotels, Resorts & Cruise Lines

Address:

275 Grey Street South Brisbane QLD Australia 4101

Phone:

61 7 3083 0088

Full Time Employees:

10615

Founder, Global MD, CEO & Exec. Director:

Mr. Graham F. Turner

Chief Financial Officer:

Mr. Adam Campbell

Chief Exec. Officer of Corp.:

Mr. Chris Galanty

Chief Exec. Officer of Leisure:

Ms. Melanie C. Waters-Ryan

Managing Director of Australia:

Mr. James Kavanagh

Managing Director of EMEA:

Mr. Steven Norris

Managing Director of the Americas:

Ms. Charlene Leiss

Founder:

Mr. Geoff Harris

Investor & Media Relations Officer:

Haydn Long

Head of Risk Manangement Division:

Mr. Trent Palelei

Company Overview:

Flight Centre Travel Group Limited provides travel retailing services for the leisure, corporate, and wholesale travel sectors in Australia, New Zealand, Europe, the Middle East, Africa, the Americas, Asia, and Internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries. It also supplies products to its national and international network, or travel retail outlets. In addition, the company offers other travel related services, including foreign currency exchange and travel academies; recruitment marketing and bike retailing; and employee benefit services. It provides its services primarily under the Flight Centre brand, as well as other travel brands, such as Discova, Independent by Liberty Travel, Independent by Flight Centre, AVMIN, Travel Managers Group, Travelsmart, Round the World Experts, BYO Jet, Aunty Betty, Topdeck, Travel Partners, Travel Money Group, Healthwise, Moneywise, 99 Bikes, Advance Traders, Flight Centre Travel Academy, Flight Centre Business School, The Infinity Group, GOGO, FCM, Corporate Traveller, Cievents, Stage Screen, 4th Dimension, Travel Club Getaways, Flight Centre, Travel Associates, Liberty Travel, GapYear.com, Back-Roads Touring, and Student Universe. The company was formerly known as Flight Centre Limited and changed its name to Flight Centre Travel Group Limited in November 2013. Flight Centre Travel Group Limited was incorporated in 1987 and is headquartered in South Brisbane, Australia.

FLT Share Price Information

Shares Issued:

199.30M

Market Capitalisation:

$3.08B

Dividend per Share:

$0.98

Ex Dividend Date:

2020-03-26

Dividend Yield:

6.35%

Revenue (TTM):

$511.38M

Revenue Per Share (TTM):

$3.03

Earnings per Share:

$1.979

Profit Margin:

-1.794

Operating Margin (TTM):

$-2.47

Return On Assets (TTM):

$-0.22

Return On Equity (TTM):

$-0.71

Quarterly Revenue Growth (YOY):

-0.897

Gross Profit(TTM):

$300.99M

Diluted Earnings Per Share (TTM):

$-5.429

QuarterlyEarnings Growth(YOY):

-0.742

FLT CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$92.82M

Change To Liabilities:

$-220,588,000

Total Cashflow From Investing Activities:

$-48,109,000

Net Borrowings:

$162.21M

Net Income:

$-662,166,000

Total Cash From Operating Activities:

$5.65M

Depreciation:

$208.23M

Other Cashflow From Investing Activities:

$380K

Dividends Paid:

$-99,097,000

Change To Inventory:

$-3,000

Change To Account Receivables:

$612.10M

Sale Purchase Of Stock:

$694.23M

Capital Expenditures:

$42.66M

FLT Income Statement

Income Date:

2020-06-30

Income Before Tax:

$-849,284,000

Net Income:

$-662,166,000

Gross Profit:

$1.77B

Operating Income:

$-845,584,000

Other Operating Expenses:

$519.70M

Interest Expense:

$38.25M

Income Tax Expense:

$-187,175,000

Total Revenue:

$1.90B

Cost Of Revenue:

$129.86M

FLT Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$190.85M

Total Liabilities:

$2.61B

Total Stockholder Equity:

$1.39B

Other Current Liabilities:

$0.96B

Total Assets:

$4B

Common Stock:

$1.09B

Other Current Assets:

$138.84M

Retained Earnings:

$287.72M

Other Liabilities:

$104.65M

Good Will:

$571.01M

Other Assets:

$239.74M

Cash:

$1.89B

Total Current Liabilities:

$1.86B

Short-Term Debt:

$1.35M

Property - Plant & Equipment:

$524.78M

Net Tangible Assets:

$631.12M

Long-Term Investments:

$38.45M

Total Current Assets:

$2.44B

Long-Term Debt:

$250.51M

Net Receivables:

$475.64M

Short-Term Investments:

$1.56B

Inventory:

$12.12M

Accounts Payable:

$444.52M

Non Currrent Assets (Other):

$6.40M

Short-Term Investments:

$1.56

Non Current Liabilities (Other):

$297K

Non Current Liabilities Total:

$749.06M

FLT Share Price History

FLT News

27 Apr, 2021
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
28 Dec, 2020
Nintex, the global standard for process management and automation, today announced that Flight Centre Travel Group (ASX: FLT), one of the world's largest travel agencies, has successfully leveraged K2 Cloud to help improve its operational efficiencies and digitally transform its customer experience.
29 Nov, 2020
Flight Centre Travel Group Limited (ASX:FLT) shareholders will doubtless be very grateful to see the share price up...
01 Oct, 2020
A look at the shareholders of Flight Centre Travel Group Limited (ASX:FLT) can tell us which group is most powerful...
30 Jul, 2020
(Bloomberg Opinion) -- In folklore, the will-o’-the-wisp is a spirit that lives in marshlands, beckoning night-time travelers with its mysterious light until they stumble in darkness to their demise.The phenomenon is thought to be caused by igniting swamp methane, so it’s oddly appropriate that one of the world’s largest exporters of such fossil gas seems intent on pursuing that industry to its own destruction. An Australian task force on helping the manufacturing industry recover from Covid-19 will recommend subsidies for gas infrastructure and bringing in the government as a guaranteed buyer if commercial customers don’t show sufficient demand, the Sydney Morning Herald and Age newspapers reported Wednesday.That’s an extraordinarily bad idea. Australia’s determination to use taxpayer funds to bring uncommercial gas projects online has helped swell a glut of methane in the seaborne trade over the past decade as operators including Chevron Corp., Santos Ltd., Origin Energy Ltd., Royal Dutch Shell Plc, and Woodside Petroleum Ltd. built plants capable of exporting more than 100 billion cubic meters a year. That oversupply has pushed spot prices for Asian liquefied natural gas as low as $2 per million British thermal units this year, an 80% drop on levels that prevailed a decade ago. Despite its own surging exports, that hasn’t been a win for Australia.While exports of oil and LNG now total around A$60 billion ($43 billion) a year, an immense tax offset granted to builders of export facilities worth nearly a quarter of a trillion dollars has ensured that revenues from petroleum taxes average little more than A$1 billion annually. Qatar, which is still marginally ahead as the world’s biggest LNG exporter, has built an entire economy on petroleum royalties. Australia, on the other hand, makes more than twice as much from beer excise tax.The building of the current crop of export facilities sparked a jobs boom nearly a decade ago, but that dissipated once construction ceased. Employment in oil and gas production now totals about 20,500 people. Bookings agent Flight Centre Travel Group Ltd. has a workforce about the same size as Australia’s entire upstream petroleum industry.To be sure, oil and gas extraction is now a significant sector, accounting for about A$44 billion of gross value added per year. Still, the 2.3% of gross domestic product looks like a poor return on the decades of industrial policy that were needed to develop it.The current push for further subsidies is likely to make a bad problem worse. It’s a priority for a manufacturing task force because the previous gas projects on the populous east coast were designed entirely for export, starving industry of the artificially cheap fuel that some countries (and the remote state of Western Australia) reserve for domestic use.But Australia’s industrial sector is never going to be a powerhouse worthy of such interventions. Labor costs are too high and its location too remote from global supply chains for the country to be a significant player in large-scale complex manufacturing, as demonstrated by the collapse of its car industry over the past decade.Any set-aside gas generated as a result of the proposed policies is most likely to end up used in low-value applications like explosives and fertilizer. Together. these account for just a percentage point or so of goods exports, which don’t include major services exports such as tourism and education. At a time when the European Union and Joe Biden’s presidential campaign are looking at imposing tariffs or quotas on carbon-intensive imports, the idea that gas-fired manufacturing will lead to a renaissance of Australian industry seems delusional.The ultimate problem is that from the perspective of global petroleum companies, Australia’s relatively high costs put its potential projects outside the range of viable investments — and that field is already narrowing, thanks to the recent collapse in oil prices and rise of electrified transport.Only government spending and tax shields are capable of shifting Australian projects far enough down the cost curve to make sense, but that means that they’ll always be marginal and dependent on ongoing support. A typical 30-year gas project starting development in 2020 would face challenges to getting financed in a world that hopes to eliminate carbon emissions by 2050, but plenty of projects still manage. Indeed, the 96 billion cubic meters of new LNG capacity signed off last year was a record.Investors are quite capable of finding the rare fossil fuel projects that are strong enough to make a return in a de-carbonizing world. The trouble is, it’s not seeing them in Australia. Rather than using taxpayer money to put its thumb on those scales, Australia would be better stepping back and letting the market decide.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
15 Jul, 2020
Despite the potential loss of nearly 200 million travel and tourism jobs this year under Covid-19-generated, worst-case scenarios, some travel companies around the world are still hiring. Sure, the daily torrent of headlines, including United Airlines considering cutting 36,000 jobs and Skyscanner lopping off 300 positions in the past week, is unrelenting. And we are […]
26 Jun, 2020
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...

FLT Dividend Payments

EX-Date Dividend Amount
2010-03-05$0.2341
2010-09-10$0.3961
2011-03-07$0.3241
2011-09-12$0.4321
2012-03-09$0.3691
2012-09-17$0.6391
2013-03-22$0.4141
2013-09-16$0.8192
2014-03-24$0.4951
2014-09-17$0.8732
2015-03-25$0.4951
2015-09-16$0.8732
2016-03-23$0.5401
2016-09-15$0.8282
2017-03-22$0.4051
2017-09-14$0.8462
2018-03-22$0.5401
2018-09-13$0.9632
2019-03-21$1.3413
2019-09-12$0.8822
2020-03-26$0.4000

FLT Dividends (last 11 Years)