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Solvar Limited, together with its subsidiaries, provides automotive finance in Australia and New Zealand. It offers consumer and commercial loans for new and used vehicles, motorbikes, utility vehicles, tractors, caravans, horse floats, trailers, trucks, cars, boats, jet skis, and car repairs and medical expenses, as well as supporting special occasions, such as weddings and holidays. The company also provides secured and unsecured personal loans, and commercial lending. It serves sole traders and small to medium businesses through brokers, dealers, directly through its websites, and referral partners under the Automotive Financial Services, Go Car Finance, Money3, and Bennji brands. The company was formerly known as Money3 Corporation Limited and changed its name to Solvar Limited in November 2022. Solvar Limited was founded in 2000 and is headquartered in Bundoora, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Solvar Ltd (SVR.AU) is an Australian-listed company for which public disclosures and a clear description of core operations are limited. Major long-term growth drivers are not evident from available filings, and investors may find the company of interest only if future disclosures clarify its business model, revenue sources and strategy.
The most important investment risk is limited transparency: uncertain business model, financial condition, governance and low liquidity increase execution and market risk.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | 41.17M | 44.70M | 27.76M | 66.57M | 73.64M |
| Net income | 29.47M | 31.42M | 17.04M | 47.63M | 51.63M |
| Selling general administrative | 37.58M | 33.74M | 54.37M | 32.01M | 31.21M |
| Selling and marketing expenses | - | 1.23M | 41.30M | 1.29M | 1.37M |
| Gross profit | 177.03M | -47.86M | 99.95M | 190.67M | 173.70M |
| Reconciled depreciation | 1.49M | 1.48M | 2.08M | 2.30M | 2.23M |
| Ebit | 88.94M | 96.77M | 96.50M | 108.47M | 96.93M |
| Ebitda | 90.43M | 98.24M | 98.58M | 110.77M | 99.16M |
| Depreciation and amortization | 1.49M | 1.48M | 2.08M | 2.30M | 2.23M |
| Operating income | 92.74M | 44.70M | 38.33M | 66.57M | 96.93M |
| Other operating expenses | 100.70M | 40.49M | 124.25M | 100.87M | 90.94M |
| Interest expense | 47.77M | 52.07M | 54.81M | 41.89M | 23.14M |
| Tax provision | 11.70M | 13.28M | 10.72M | 18.94M | 22.01M |
| Interest income | 3.11M | 4.21M | 54.81M | 41.89M | 23.14M |
| Net interest income | -44.66M | -47.86M | -54.81M | -41.89M | -23.14M |
| Income tax expense | 11.70M | 13.28M | 10.72M | 18.94M | 22.01M |
| Total revenue | 193.44M | 4.21M | 220.75M | 209.34M | 187.88M |
| Total operating expenses | 84.29M | -92.56M | 61.63M | 99.12M | 47.31M |
| Cost of revenue | 16.41M | 52.07M | 20.81M | 18.67M | 14.18M |
| Total other income expense net | -51.57M | 3.17M | -63.98M | -41.91M | -23.29M |
| Net income from continuing ops | 29.47M | 31.42M | 17.04M | 47.63M | 51.63M |
| Net income applicable to common shares | - | 31.42M | 17.04M | 47.63M | 51.63M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 1027.31M | 961.59M | 1022.98M | 1015.50M | 822.17M |
| Intangible assets | 19.87M | 0.66M | 0.82M | 3.52M | 4.40M |
| Other current assets | - | - | -969.01M | 6.44M | 3.89M |
| Total liab | 698.35M | 607.88M | 657.24M | 638.37M | 453.25M |
| Total stockholder equity | 328.96M | 353.71M | 365.74M | 377.13M | 368.92M |
| Other current liab | -4.21M | - | -253.76M | 3.08M | 23.78M |
| Common stock | 198.26M | - | 230.41M | 229.98M | 238.85M |
| Capital stock | 198.26M | 209.63M | - | - | - |
| Retained earnings | 135.01M | 141.84M | 132.94M | 145.15M | 128.28M |
| Good will | 19.36M | 19.36M | 19.36M | 27.20M | 27.20M |
| Other assets | - | - | 1022.98M | 22.10M | 15.76M |
| Cash | 119.50M | 98.94M | 152.90M | 145.87M | 122.50M |
| Cash and equivalents | - | - | - | 40.00M | - |
| Total current liabilities | 188.50M | 398.23M | 277.52M | 127.31M | 60.16M |
| Current deferred revenue | - | - | 272.23M | - | - |
| Net debt | 562.40M | 486.35M | 480.05M | 472.98M | 303.33M |
| Short term debt | 188.95M | - | 253.76M | 110.92M | 33.12M |
| Short long term debt | 188.05M | 378.30M | - | - | - |
| Short long term debt total | 681.90M | - | 632.94M | 618.85M | 425.83M |
| Other stockholder equity | - | - | - | -0.63M | -1.25M |
| Property plant equipment | - | - | - | 4.29M | 3.78M |
| Total current assets | 963.98M | 896.43M | 411.96M | 404.52M | 342.84M |
| Long term investments | 7.70M | 11.76M | - | - | - |
| Net receivables | 844.48M | - | 816.12M | 251.70M | 216.46M |
| Long term debt | 490.01M | 206.98M | - | 505.85M | 391.24M |
| Inventory | - | - | - | 0.51M | - |
| Accounts payable | 3.76M | 4.33M | 5.29M | 13.30M | 3.26M |
| Accumulated other comprehensive income | -4.31M | - | 2.38M | 2.00M | 1.79M |
| Non currrent assets other | 11.42M | 9.79M | 571.49M | 562.17M | 432.21M |
| Non current assets total | 63.33M | 65.16M | 611.02M | 610.98M | 479.33M |
| Capital lease obligations | 3.84M | 3.22M | - | - | - |
| Long term debt total | - | - | - | 507.93M | 392.71M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | 0.35M | -12.42M | -0.18M | -1.53M | -3.10M |
| Total cashflows from investing activities | 0.11M | -12.42M | -0.18M | -1.53M | -3.10M |
| Net borrowings | 93.10M | -46.56M | 17.25M | 190.81M | 161.70M |
| Total cash from financing activities | 44.85M | -91.19M | -12.52M | 149.09M | 136.18M |
| Net income | 29.47M | 31.42M | 17.04M | 47.63M | 51.63M |
| Change in cash | 20.56M | -53.96M | 7.03M | 23.37M | 67.28M |
| Begin period cash flow | 98.94M | 152.90M | 145.87M | 122.50M | 55.22M |
| End period cash flow | 119.50M | 98.94M | 152.90M | 145.87M | 122.50M |
| Total cash from operating activities | -24.16M | 49.51M | 19.75M | -124.19M | -65.78M |
| Issuance of capital stock | - | - | - | - | 0.99M |
| Depreciation | 1.49M | - | 2.08M | 2.30M | 2.23M |
| Other cashflows from investing activities | 0.35M | -12.11M | 0.01M | -1.20M | -2.31M |
| Dividends paid | 36.30M | 22.52M | 26.14M | 27.34M | 25.65M |
| Change to account receivables | -50.23M | 18.00M | -18.32M | -172.04M | -128.44M |
| Sale purchase of stock | -11.10M | -21.10M | -2.69M | -13.47M | 273.02M |
| Other cashflows from financing activities | -0.84M | -1.01M | -0.94M | 350.92M | 272.16M |
| Capital expenditures | 0.24M | 0.30M | 0.20M | 0.33M | 0.79M |
| Change in working capital | -68.32M | 3.87M | -27.86M | -199.16M | -164.89M |
| Stock based compensation | - | - | - | 0.73M | 1.74M |
| Other non cash items | 13.19M | 45.65M | 28.49M | 182.50M | 8.33M |
| Free cash flow | -24.41M | 49.21M | 19.55M | -0.33M | -0.79M |
Sector: Financial Services Industry: Credit Services
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SVR Solvar Ltd |
-0.01 0.71% |
1.41 | 9.13 | 8.64 | 2.64 | 0.79 | 4.32 | 9.07 |
| ZIP ZIP Co Ltd |
-0.10 4.61% |
2.07 | 20.10 | 12.32 | 1.87 | 3.53 | 3.52 | 11.32 |
| CCP Credit Corp Group Ltd |
0.15 0.96% |
15.82 | 10.05 | 8.78 | 2.22 | 1.13 | 2.50 | 7.39 |
| LFG Liberty Financial Group |
0.04 1.25% |
3.24 | 7.13 | 6.71 | 1.63 | 0.86 | 40.84 | 11.07 |
| LFS Latitude Group Holdings Ltd |
-0.01 1.19% |
0.83 | 9.22 | - | 1.59 | 0.66 | 6.49 | 13.37 |
Solvar Limited, together with its subsidiaries, provides automotive finance in Australia and New Zealand. It offers consumer and commercial loans for new and used vehicles, motorbikes, utility vehicles, tractors, caravans, horse floats, trailers, trucks, cars, boats, jet skis, and car repairs and medical expenses, as well as supporting special occasions, such as weddings and holidays. The company also provides secured and unsecured personal loans, and commercial lending. It serves sole traders and small to medium businesses through brokers, dealers, directly through its websites, and referral partners under the Automotive Financial Services, Go Car Finance, Money3, and Bennji brands. The company was formerly known as Money3 Corporation Limited and changed its name to Solvar Limited in November 2022. Solvar Limited was founded in 2000 and is headquartered in Bundoora, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Scott Joseph Baldwin | CEO, MD & Executive Director | 1975 |
| Mr. Siva Subramani | Chief Financial Officer | NA |
| Mr. Pushkar Pendse | Chief Operating Officer | NA |
| Simon Hinsley | Head of Investor Relations | NA |
| Ms. Carly Crowe | Risk & Compliance Manager | NA |
| Natasha Velkovski | Head of Marketing | NA |
| Tessa Georgis | Head of Human Resources | NA |
| Ms. Terri-Anne Bakos | Company Secretary | 1968 |
| Mr. Paul Verhoeven | Chief Executive Officer of Go Car Finance - New Zealand | NA |
| Mr. Scott Joseph Baldwin | CEO, MD & Executive Director | 1975 |
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