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Abacus Group (ASX:ABG) Revenue : A$54.17 Mil (TTM As of Dec. 2023)


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What is Abacus Group Revenue?

Abacus Group's revenue for the six months ended in Dec. 2023 was A$71.73 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$54.17 Mil. Abacus Group's Revenue per Share for the six months ended in Dec. 2023 was A$0.08. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.06.

Warning Sign:

Abacus Group revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Abacus Group was -84.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -20.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was -13.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was -4.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Abacus Group's highest 3-Year average Revenue per Share Growth Rate was 38.10% per year. The lowest was -30.70% per year. And the median was -2.05% per year.


Abacus Group Revenue Historical Data

The historical data trend for Abacus Group's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Abacus Group Revenue Chart

Abacus Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.83 215.44 242.44 308.39 147.08

Abacus Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.69 172.70 164.64 -17.56 71.73

Competitive Comparison of Abacus Group's Revenue

For the REIT - Diversified subindustry, Abacus Group's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abacus Group's Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Abacus Group's Revenue distribution charts can be found below:

* The bar in red indicates where Abacus Group's Revenue falls into.



Abacus Group Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$54.17 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Abacus Group  (ASX:ABG) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Abacus Group Revenue Related Terms

Thank you for viewing the detailed overview of Abacus Group's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Abacus Group (ASX:ABG) Business Description

Traded in Other Exchanges
Address
77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000
Abacus Group is primarily focused on storage and office property, with minor interests in other subsectors such as retail property. Its storage business remains an active acquirer and developer of property. Management separated the storage business in mid-2023. We don't view the separation as creating value in itself, however, we view it as a potential catalyst that could prompt the market to recognize latent value in Abacus' assets. However, it will likely take time for the market to get familiar with the two Abacus vehicles and its new structure.