London City Equities Limited

London City Equities Limited

LCE.AX
London City Equities LimitedAU flagAustralian Securities Exchange
0.85
AUD
- -
- -
26.98MMarket Cap
London City Equities Limited
LCE.AX
(Australian Securities Exchange)

Recent

price

0.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
0.01
0.01
0.01
0.04
0.08
0.03
0.03
0.01
0.02
0.02
0.02
0.02
0.02
0.04
0.02
- -
Revenue per Share
-0.01
- -
- -
0.02
0.02
- -
- -
- -
- -
- -
- -
- -
0.06
0.01
- -
- -
Basic EPS, GAAP
- -
- -
- -
0.02
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
- -
Dividend per Share
0.53
0.55
0.51
0.52
0.53
0.52
0.51
0.5
0.48
0.46
0.45
0.49
0.48
0.47
0.46
- -
Book Value per Share
0.39
0.38
0.25
0.2
0.23
0.2
0.28
0.4
0.44
0.47
0.45
0.61
0.63
0.56
0.68
- -
Tangible Book Value per Share
22
21
22
22
22
22
22
23
23
23
23
26
31
31
31
31
Basic Weighted Avg Shares
- -
- -
- -
1
2
1
1
- -
- -
- -
1
1
1
1
1
- -
Sales/Revenue/Turnover
95.21
96.73
30.78
48.84
11.65
9.77
6.99
10.94
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
- -
- -
- -
Net Income, GAAP
- -
- -
53.92
6.24
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-45.43
-2.2
12.27
45.79
23.36
9.77
6.99
10.94
5.77
-2.15
9.54
-5.45
259.02
13.33
-0.87
- -
Profit Margin (%)
1
1
2
2
3
1
2
1
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
9
8
6
4
5
4
6
9
10
11
10
16
19
17
21
- -
Total Equity
- -
- -
0.52
7.76
- -
1.25
0.78
0.46
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-0.93
-0.05
0.26
3.38
3.64
0.51
0.37
0.31
0.21
-0.09
0.45
-0.25
13.04
1.16
-0.04
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.01
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.01
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
- -
Business
London City Equities Limited is an Australia-based investment holding company specializing in investing in Australian public equity markets. Established in 1986 and headquartered in Sydney, the company focuses on acquiring and managing investments primarily in equities that exhibit long-term strategic advantages and inherent growth potential, as well as occasionally holding funds on deposit or in short-term securities with trading banks. Its core activities revolve around managing a portfolio of Australian equities aimed at delivering capital growth and dividends that grow faster than inflation over the medium to long term. In terms of recent developments, London City Equities withdrew its legal action against Excelsior Capital in late 2025, resolving a Federal Court litigation scheduled for early 2026. This settlement allowed the company to avoid significant legal costs and refocus management efforts on portfolio development. The agreement entails Excelsior Capital undergoing company-managed liquidation with plans to return capital to shareholders, including a fully franked dividend and eventual delisting of Excelsior Capital from the Australian Securities Exchange, signifying a strategic shift in London City Equities’ investment focus. Additionally, there has been a recent increase in shareholding by a company director, signaling confidence in the firm’s future prospects. London City Equities operates mainly as an investment manager within the Australian financial sector, targeting entities with robust market shares and growth opportunities. It serves shareholders through active portfolio management, seeking to enhance shareholder value through strategic investment and capital returns. The company is publicly listed on the Australian Securities Exchange under the ticker LCE and maintains a modest market capitalization. Its recent strategic changes highlight an emphasis on managing and developing investment portfolios efficiently and shareholder value maximization. This description encompasses the company's foundation, main investment focus, recent major operational and legal changes, and its ongoing business strategy within the Australian market.