Student Agency

Profit Statement 2013 2014 2015
Sales CZK mil 1,872 2,211 2,733
Gross Profit CZK mil 513 633 687
EBITDA CZK mil 174 275 324
EBIT CZK mil 160 258 295
Financing Cost CZK mil 8.98 16.9 73.8
Pre-Tax Profit CZK mil 151 241 221
Net Profit CZK mil 129 240 220
Dividends CZK mil 0 0 ...
Balance Sheet 2013 2014 2015
Total Assets CZK mil 1,327 1,517 1,589
Non-Current Assets CZK mil 494 859 859
Current Assets CZK mil 829 653 727
Working Capital CZK mil -182 -326 -332
Shareholders' Equity CZK mil 458 462 464
Liabilities CZK mil 869 1,055 1,125
Total Debt CZK mil 349 241 253
Net Debt CZK mil 21.2 205 184
Ratios 2013 2014 2015
ROE % 31.3 52.1 47.5
ROCE % 88.5 56.8 41.5
Gross Margin % 27.4 28.6 25.1
EBITDA Margin % 9.29 12.4 11.9
EBIT Margin % 8.56 11.6 10.8
Net Margin % 6.90 10.8 8.04
Net Debt/EBITDA 0.122 0.744 0.566
Net Debt/Equity 0.046 0.443 0.396
Cost of Financing % 4.33 5.75 29.9
Cash Flow 2013 2014 2015
Total Cash From Operations CZK mil ... ... ...
Total Cash From Investing CZK mil ... ... ...
Total Cash From Financing CZK mil ... ... ...
Net Change In Cash CZK mil ... ... ...
Cash Conversion Cycle days -61.7 -85.1 -65.1
Cash Earnings CZK mil 143 257 249
Free Cash Flow CZK mil ... ... ...

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
income statement                                
Sales CZK mil ...                 2,915 1,182 1,286 1,634 1,872    
Gross Profit CZK mil ...                 382 389 407 474 513    
EBIT CZK mil ...                 112 104 107 157 160    
Net Profit CZK mil ...                 75.9 75.6 114 115 129    
ROE % ...                 117 55.7 53.2 36.8 31.3    
EBIT Margin % ...                 3.83 8.75 8.34 9.59 8.56    
Net Margin % ...                 2.60 6.39 8.86 7.01 6.90    
Employees                   816 859 812 808 1,121    
balance sheet                                
Total Assets CZK mil ...                 403 520 746 903 1,327    
Non-Current Assets CZK mil ...                 74.9 228 239 228 494    
Current Assets CZK mil ...                 308 282 500 671 829    
Shareholders' Equity CZK mil ...                 100 171 257 366 458    
Liabilities CZK mil ...                 303 349 489 537 869    
Non-Current Liabilities CZK mil ...                 6.26 2.61 5.29 3.93 301    
Current Liabilities CZK mil ...                 196 230 362 453 519    
Net Debt/EBITDA ...                 0.648 0.366 0.487 0.130 0.122    
Net Debt/Equity ...                 0.802 0.250 0.230 0.060 0.046    
Cost of Financing % ... ... ...             20.7 8.63 -8.24 15.4 4.33    
cash flow                                
Total Cash From Operations CZK mil ...                 -79.3 171 25.7 25.9 ... ... ...
Total Cash From Investing CZK mil ...                 -1.06 -145 -15.3 11.2 ... ... ...
Total Cash From Financing CZK mil ...                 -74.3 -14.8 -2.59 -26.4 ... ... ...
Net Change In Cash CZK mil ...                 -155 11.1 7.85 10.7 ... ... ...
income statement Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
income statement                                
Sales CZK mil ...                 2,915 1,182 1,286 1,634 1,872    
Cost of Goods & Services CZK mil ...                 2,534 793 879 1,160 1,358    
Gross Profit CZK mil ...                 382 389 407 474 513    
Staff Cost CZK mil ...                 262 275 279 318 348    
Other Cost CZK mil ...                 -4.13 -2.23 6.69 -15.3 -8.69    
EBITDA CZK mil ...                 124 117 122 171 174    
Depreciation CZK mil ...                 12.4 13.7 14.3 14.3 13.6    
EBIT CZK mil ...                 112 104 107 157 160    
Financing Cost CZK mil ...                 12.1 7.03 -6.62 12.2 8.98    
Extraordinary Cost CZK mil ...                 0 0.547 28.2 29.8 -0.010    
Pre-Tax Profit CZK mil ...                 99.5 95.9 85.7 115 151    
Tax CZK mil ...                 23.5 20.4 28.2 35.0 22.1    
Minorities CZK mil ...                 0 0 0 0 0    
Net Profit CZK mil ...                 75.9 75.6 114 115 129    
Dividends CZK mil                   0 0 0 0 0   ...
growth rates                                
Total Revenue Growth % ... ...               -17.3 -59.4 8.75 27.0 14.6    
Operating Cost Growth % ... ...               -5.13 5.71 4.83 6.17 12.1    
EBITDA Growth % ... ...               300 -5.47 3.79 40.5 1.74    
EBIT Growth % ... ...               442 -7.19 3.66 46.0 2.32    
Pre-Tax Profit Growth % ... ...               588 -3.54 -10.7 33.8 32.0    
Net Profit Growth % ... ...               469 -0.473 50.7 0.619 12.7    
ratios                                
ROE % ...                 117 55.7 53.2 36.8 31.3    
ROCE % ... ...               -213 101 103 271 88.5    
Gross Margin % ...                 13.1 32.9 31.7 29.0 27.4    
EBITDA Margin % ...                 4.25 9.91 9.46 10.5 9.29    
EBIT Margin % ...                 3.83 8.75 8.34 9.59 8.56    
Net Margin % ...                 2.60 6.39 8.86 7.01 6.90    
Payout Ratio % ...                 0 0 0 0 0   ...
Cost of Financing % ... ... ...             20.7 8.63 -8.24 15.4 4.33    
Net Debt/EBITDA ...                 0.648 0.366 0.487 0.130 0.122    
balance sheet Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
balance sheet                                
Non-Current Assets CZK mil ...                 74.9 228 239 228 494    
Property, Plant & Equipment CZK mil ...                 50.4 197 30.1 24.6 27.6    
Intangible Assets CZK mil ...                 22.4 27.6 20.9 14.6 8.13    
Current Assets CZK mil ...                 308 282 500 671 829    
Inventories CZK mil ...                 11.3 13.4 13.5 14.1 17.1    
Receivables CZK mil ...                 81.9 39.5 118 111 171    
Cash & Cash Equivalents CZK mil ...                 14.3 25.4 33.2 43.9 327    
Total Assets CZK mil ...                 403 520 746 903 1,327    
Shareholders' Equity CZK mil ...                 100 171 257 366 458    
Of Which Minority Interest CZK mil ...                 0 0 0 0 0    
Liabilities CZK mil ...                 303 349 489 537 869    
Non-Current Liabilities CZK mil ...                 6.26 2.61 5.29 3.93 301    
Long-Term Debt CZK mil ...                 10.6 10.6 5.29 3.93 301    
Deferred Tax Liabilities CZK mil ...                 0 0 0 0 0    
Current Liabilities CZK mil ...                 196 230 362 453 519    
Short-Term Debt CZK mil ...                 84.0 57.6 87.1 62.1 47.2    
Trade Payables CZK mil ...                 135 164 266 373 371    
Provisions CZK mil ...                 21.6 20.8 28.2 11.2 0    
Equity And Liabilities CZK mil ...                 403 520 746 903 1,327    
growth rates                                
Total Asset Growth % ... ...               6.19 29.1 43.5 21.1 46.9    
Shareholders' Equity Growth % ... ...               242 70.9 50.1 42.7 24.9    
Net Debt Growth % ... ...               4,760 -46.7 38.2 -62.6 -4.17    
Total Debt Growth % ... ... ... ...           330 -27.9 35.5 -28.6 428    
ratios                                
Total Debt CZK mil ...                 94.6 68.2 92.4 66.0 349    
Net Debt CZK mil ...                 80.3 42.8 59.2 22.1 21.2    
Working Capital CZK mil ...                 -41.6 -111 -135 -247 -182    
Capital Employed CZK mil ...                 33.3 116 104 -19.7 312    
Net Debt/Equity ...                 0.802 0.250 0.230 0.060 0.046    
Cost of Financing % ... ... ...             20.7 8.63 -8.24 15.4 4.33    
cash flow Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
cash flow                                
Net Profit CZK mil ...                 75.9 75.6 114 115 129    
Depreciation CZK mil ...                 12.4 13.7 14.3 14.3 13.6    
Non-Cash Items CZK mil ... ...               -25.8 11.9 -126 -215 ... ... ...
Change in Working Capital CZK mil ... ...               -142 69.7 23.7 112 ... ... ...
Total Cash From Operations CZK mil ...                 -79.3 171 25.7 25.9 ... ... ...
Capital Expenditures CZK mil ...                 -10.9 -166 -26.0 -2.70 ... ... ...
Other Investments CZK mil ...                 9.81 21.4 10.8 13.9 ... ... ...
Total Cash From Investing CZK mil ...                 -1.06 -145 -15.3 11.2 ... ... ...
Dividends Paid CZK mil                   0 0 0 0 ... ... ...
Issuance Of Debt CZK mil ... ...               72.6 -26.4 24.2 -26.4 ... ... ...
Total Cash From Financing CZK mil ...                 -74.3 -14.8 -2.59 -26.4 ... ... ...
Net Change In Cash CZK mil ...                 -155 11.1 7.85 10.7 ... ... ...
ratios                                
Days Sales Outstanding days ...                 10.3 12.2 33.4 24.8 33.4    
Days Sales Of Inventory days ...                 1.63 6.15 5.59 4.44 4.58    
Days Payable Outstanding days ...                 19.4 75.5 110 117 99.7    
Cash Conversion Cycle days ...                 -7.53 -57.2 -71.5 -88.0 -61.7    
Cash Earnings CZK mil ...                 88.3 89.2 128 129 143    
Free Cash Flow CZK mil ...                 -80.3 25.9 10.4 37.1 ... ... ...
other data Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
other data                                
ROA % ...                 19.4 16.4 18.0 13.9 11.6    
Gross Margin % ...                 13.1 32.9 31.7 29.0 27.4    
Employees                   816 859 812 808 1,121    
Cost Per Employee USD per month ...         ... ...     1,403 1,394 1,618 1,679 1,323    
Cost Per Employee (Local Currency) CZK per month ...         ... ...     26,730 26,634 28,610 32,838 25,892    
Staff Cost (As % Of Total Cost) % ...                 9.34 25.4 23.7 21.6 20.4    
Effective Tax Rate % ...                 23.7 21.2 32.9 30.5 14.6    
Capital Expenditures (As % of Sales) % ...                 0.373 14.1 2.02 0.165 ... ... ...
Sales of Air Tickets & Services CZK mil ... ... ... ... ... ... ...     ... 98.0 132 141 172    
Sales from Bus Lines CZK mil ... ... ... ... ... ... ...     ... 881 964 1,068 1,461    
Sales from Language & Study Programmes CZK mil ... ... ... ... ... ... ...     ... 87.0 107 96.0 72.9    
Sales from Work and Au Pair Programmes CZK mil ... ... ... ... ... ... ...     ... 23.0 19.0 20.0 20.0    
Sales from Tours CZK mil ... ... ... ... ... ... ... ... ... ... 24.0 86.0 98.0 95.3    
Sales from Publicity CZK mil ... ... ... ... ... ... ... ... ... ... 51.0 43.0 49.0 51.8    
Sales from Other Activities CZK mil ... ... ... ... ... ... ... ... ... ... 99.0 392 277 117    

Get all company financials in excel:

Download Sample   $19.99

Feb 2014
Statistical Dossier
Jan 2014
Company Report

Student Agency is a Czech travel agency whose main focuses are on au-pair programmes, resale of airline tickets and bus and railway transport. Despite the Company's name, their services are not sold exclusively to students. The Company was founded by Radim Jančura, Czech Republic's Entrepreneur Of The Year Award in 2006, a prize awarded by Ernst & Young. Since its registration in 1996, Jančura remains CEO and the sole owner. Student Agency operates its yellow buses on the main routes within the Czech Republic, but also to a number of European cities such as London, Amsterdam, Eindhoven, Hamburg, Munich, Berlin, Stuttgart, Paris, Košice, Budapest, Rome, Naples, Venice, Zurich, Bern, Geneve, Stockholm, Oslo and other. Student Agency also controls RegioJet, a private railway operator which competes with Czech and Slovak railways