New Century Logistics (BVI) Limited (NCEW)

New Century Logistics (BVI) will go public soon. The estimated IPO date is November 21, 2024.

IPO Price Range

$4.00 - $5.00

Shares Offered

1,250,000

Deal Size

$5.63M

NCEW Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Year Ending	TTM	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	52.15	71.66	75.19
Revenue Growth (YoY)	-	-4.69%	-
Cost of Revenue	-	61.46	63.64
Gross Profit	4.45	10.2	11.54
Selling, General & Admin	-	3.55	3.3
Operating Expenses	-	3.55	3.3
Operating Income	1.41	6.64	8.24
Interest Expense / Income	0.09	0.1	0.08
Other Expense / Income	-0.15	-0.02	-0.17
Pretax Income	1.48	6.57	8.33
Income Tax	0.23	1.03	1.35
Net Income	1.25	5.53	6.98
Net Income Growth	-	-20.74%	-
Free Cash Flow	-4.28	4.48	6.34
Gross Margin	8.54%	14.23%	15.35%
Operating Margin	2.71%	9.27%	10.96%
Profit Margin	2.40%	7.72%	9.29%
Free Cash Flow Margin	-8.20%	6.25%	8.43%
Effective Tax Rate	15.52%	15.72%	16.16%
EBITDA	1.8	6.79	8.65
EBITDA Margin	3.44%	9.48%	11.51%
Depreciation & Amortization	0.23	0.13	0.24
EBIT	1.56	6.66	8.41
EBIT Margin	3.00%	9.30%	11.18%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).