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  5. CGY: Please comment on Calian Groups latest financial results. [Calian Group Ltd.]
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Investment Q&A

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Q: Please comment on Calian Groups latest financial results. Would you consider it as a Hold or Buy at this time Thanks … Cal
Asked by cal on December 04, 2024
5i Research Answer:

In Q4 – 2024, CGY reported a revenue growth rate of 3%, with revenues reaching $181M compared to last year’s $175.9M. Adjusted EBITDA margin improved in the quarter to 12.5% from 11.6% last year. Overall, these were acceptable numbers but not that strong, revenue growth slowed down in Q4 compared to previous quarters. It managed to grow its topline consistently over the last few years through acquisitions. In the last five years, CGY’s revenue EBITDA also grew by 16% and 23% annualized, respectively. It is trading at 10.2x Forward P/E.

The company also expects the FY2025 revenue to be in the range of $800M - $880M, indicating a mid-point revenue growth rate of around 12%. Overall, it looks interesting, given its cheap valuation and double-digit growth rate.