ASX Share rice
Mon 17 May 2021 - 11:16:am (Sydney)

TAH Share Price

TABCORP HOLDINGS LIMITEDTAHConsumer Services

TAH Company Information

Name:

Tabcorp Holdings Limited

Sector:

Consumer Cyclical

Industry:

Gambling

GIC Industry:

Hotels, Restaurants & Leisure

GIC Sub Industry:

Casinos & Gaming

Address:

Tower 2 Collins Square Melbourne VIC Australia 3008

Phone:

61 3 9246 6010

Full Time Employees:

5000

MD, CEO & Exec. Director:

Mr. David Robert Henry Attenborough

Chief Financial Officer:

Mr. Adam Newman

Managing Director of Wagering & Media:

Mr. Adam Rytenskild

Managing Director of Lotteries & Keno:

Ms. Sue van der Merwe

Chief Information Officer:

Ms. Francoise Russo

Gen. Mang. of Investor Relations:

Mr. Chris Richardson

Group Gen. Counsel & Co-Company Sec.:

Mr. Patrick J. McGlinchey

Gen. Mang. of Corp. Communications:

Mr. Nicholas Tzaferis

Chief People Officer:

Ms. Michelle Williams

Chief Risk Officer:

Mr. Clinton Lollback

Company Overview:

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. Its Lotteries and Keno segment operates lotteries and Kenos primarily under the Set for Life, Powerball, Oz Lotto, TattsLotto, Saturday Lotto, Gold Lotto, X Lotto, Monday and Wednesday Lotto, Lucky Lotteries, Lotto Strike, Super 66, Keno, and Instant Scratch-Its brands. The company's Wagering and Media segment offers totalizator and fixed odds betting on racing, sports, and other events; and operates through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone. It also provides Trackside, a computer simulate racing product; and international wagering and pooling services. In addition, this segment engages in the Three Sky Racing television channels broadcasting thoroughbred, and harness and greyhound racing to audiences; Three Sky Sports television channels broadcasting various sports to audiences; and advertising and sponsorship arrangement, and broadcasting racing activities, as well as operates Sky Racing Active, a digital app providing Sky Racing's live and on-demand racing content across thoroughbred, and harness and greyhound racing; and Sky Sports Radio network. Its Gaming Services segment offers electronic gaming machine (EGMs) monitoring and related services under the MAX Regulatory Services brand. It also provides gaming machine and systems supply and expertise; specialized services and strategic advice to licensed gaming venues; value-add services to venues, such as gaming and loyalty systems, business intelligence tools, and cashless and ticket in ticket out services; and logistics, installation, and relocation services, as well as EGMs, lottery and wagering terminals, and other transaction device repair and maintenance services under the MAX Venue Services brand. The company was founded in 1881 and is based in Melbourne, Australia.

TAH Share Price Information

Shares Issued:

2.22B

Market Capitalisation:

$11.40B

Dividend per Share:

$0.075

Ex Dividend Date:

2021-02-22

Dividend Yield:

1.46%

Revenue (TTM):

$5.18B

Revenue Per Share (TTM):

$2.48

Earnings per Share:

$0.188

Profit Margin:

-0.1707

Operating Margin (TTM):

$0.10

Return On Assets (TTM):

$0.03

Return On Equity (TTM):

$-0.13

Quarterly Revenue Growth (YOY):

-0.015

Gross Profit(TTM):

$5.22B

Diluted Earnings Per Share (TTM):

$-0.424

QuarterlyEarnings Growth(YOY):

-0.122

TAH CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$-15,000,000

Change To Liabilities:

$-23,000,000

Total Cashflow From Investing Activities:

$-292,000,000

Net Borrowings:

$-98,000,000

Net Income:

$-870,000,000

Total Cash From Operating Activities:

$671M

Depreciation:

$279M

Other Cashflow From Investing Activities:

$-2,000,000

Dividends Paid:

$-392,000,000

Change To Account Receivables:

$50M

Sale Purchase Of Stock:

$-3,000,000

Capital Expenditures:

$290M

TAH Income Statement

Income Date:

2020-06-30

Income Before Tax:

$-767,000,000

Net Income:

$-870,000,000

Gross Profit:

$1.78B

Operating Income:

$-574,000,000

Other Operating Expenses:

$2.20B

Interest Expense:

$179M

Income Tax Expense:

$103M

Total Revenue:

$5.22B

Cost Of Revenue:

$3.45B

TAH Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$3.12B

Total Liabilities:

$6.39B

Total Stockholder Equity:

$6.03B

Other Current Liabilities:

$1.27B

Total Assets:

$12.42B

Common Stock:

$8.62B

Other Current Assets:

$247M

Retained Earnings:

$-1,967,000,000

Other Liabilities:

$859M

Good Will:

$7.16B

Other Assets:

$488M

Cash:

$349M

Total Current Liabilities:

$1.65B

Property - Plant & Equipment:

$731M

Net Tangible Assets:

$-4,252,000,000

Long-Term Investments:

$188M

Total Current Assets:

$727M

Long-Term Debt:

$3.47B

Net Receivables:

$72M

Short-Term Investments:

$11.69B

Accounts Payable:

$1.18B

Non Currrent Assets (Other):

$59M

Short-Term Investments:

$11.69

Non Current Liabilities (Other):

$9M

Non Current Liabilities Total:

$4.74B

TAH Share Price History

TAH News

26 Apr, 2021
Entain has sweetened its offer to A$3.5 billion ($2.72 billion) for Tabcorp Holdings' wagering and media business, as the British sports betting firm seeks to gain a larger foothold in Australia's regulated betting market. Tabcorp said Entain's bid is an improvement over several informal offers it received in March which valued the company's unit, struggling from closed betting shops and cancelled sporting events due to COVID-19 restrictions, at around A$3 billion. According to a local Australian paper https://www.smh.com.au/business/companies/ladbrokes-owner-increases-bid-to-3-5b-for-tabcorp-s-wagering-business-20210427-p57mnv.html, Tabcorp's share in the country's wagering market is about 37%, while Entain holds 11% through two entities.
01 Apr, 2021
How far off is Tabcorp Holdings Limited ( ASX:TAH ) from its intrinsic value? Using the most recent financial data...
29 Mar, 2021
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31 Jan, 2021
Tabcorp Holdings Limited ( ASX:TAH ) shareholders should be happy to see the share price up 21% in the last quarter...
30 Nov, 2020
Tabcorp Holdings Limited (ASX:TAH), might not be a large cap stock, but it saw a double-digit share price rise of over...
20 Oct, 2020
(Bloomberg Opinion) -- Why did it take media reporting to get Australia’s money laundering investigators to start looking into casino operator Crown Resorts Ltd.?Shares in the gambling company previously controlled by billionaire James Packer slumped 8.2% Monday after it said the country’s financial-crimes regulator Austrac had started a probe into the handling of “high risk and politically exposed” individuals at its Melbourne casino. The investigation started two months after Nine Entertainment Co. newspapers published a series of articles about the activities of high-rolling Chinese gamblers at Crown’s properties.It’s the latest in a string of prominent cases led by Austrac, after a A$45 million ($32 million) award against racetrack betting operator Tabcorp Holdings Ltd. in 2017, a A$700 million penalty against Commonwealth Bank of Australia in 2018, and a A$1.3 billion settlement with Westpac Banking Corp. last month.That’s quite a turnaround. For much of its 31-year history, Austrac has been a pretty somnolent organization, tending its ballooning database of suspicious transactions reported by compliance officers without carrying out much of the aggressive enforcement that you might expect. Just look back at the cases that Austrac has brought over the years. Until recently, the majority of actions involved nickel-and-dime businesses like a pub in southern Brisbane or a cafe in western Sydney.That’s clearly not going to do the job. Money laundering, by its nature, requires moving large volumes of either physical or digital cash. That means regulators need to be laser-focused on the activities of the companies that trade the largest volumes of those assets — casinos, in the case of notes and coins, and financial businesses, in the case of electronic transactions.“Until recently they were showing all the symptoms of a regulator who’d been captured by the industry they were supposed to regulate,” John Chevis, an independent anti-money laundering consultant, said by phone. The string of recent cases shows that things have at last started to change. Paul Jevtovic, a former police officer who took over at Austrac in 2014 before joining HSBC Plc’s compliance department in 2017, pushed the regulator toward a more proactive culture and kicked off the Tabcorp and the Commonwealth Bank investigations. Still, it’s clear that the agency is some way from being as aggressive as it should be. Last year’s media reports aren’t the first time that public accusations about money laundering breaches have been made against Crown. Independent legislator Andrew Wilkie in 2017 told parliament that casino staff exploited loopholes to avoid disclosing reportable transactions to Austrac (Crown denied the claims).Better funding and collaboration with other agencies would probably help. The number of suspicious transactions reported to Austrac has more than tripled over the past five years, but funding from government and its own paid-for activities is only up by about a third. As it is, the regulator’s relatively small staff is stretched to sort through all the information they’re receiving. Extracting legal penalties from large companies is even more expensive.Meanwhile, criminals aren’t standing still. The latest avenue for money laundering is probably over- and under-invoicing of traded goods, but that’s even harder to track. Unlike cash laundering, which involves a relatively small number of casinos and financial businesses, invoice-based laundering can take place between almost any two companies in the world.Austrac’s gradual shift toward a more active stance in recent years is welcome, but it will need to go still further. If you want to hunt rats, it’s no good hanging out in your kitchen. Going down into the sewers may be a thankless task, but it’s the only way to get the job done.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.
28 Sep, 2020
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Tabcorp Holdings...
29 Jul, 2020
While not a mind-blowing move, it is good to see that the Tabcorp Holdings Limited (ASX:TAH) share price has gained...
22 May, 2020
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

TAH Dividend Payments

EX-Date Dividend Amount
2010-02-09$0.1260
2010-08-10$0.1050
2011-02-08$0.1021
2011-08-19$0.1851
2012-02-14$0.1266
2012-08-16$0.1072
2013-02-12$0.1072
2013-08-14$0.0779
2014-02-11$0.0779
2014-08-12$0.0779
2015-03-06$0.0991
2015-08-18$0.0991
2016-02-09$0.1189
2016-08-10$0.1189
2017-02-07$0.1238
2017-08-11$0.1238
2018-02-13$0.1090
2018-08-15$0.0991
2019-02-18$0.1090
2019-08-21$0.1090
2020-02-24$0.1090
2021-02-22$0.0750

TAH Dividends (last 12 Years)