Regional Express Holdings Limited

Regional Express Holdings Limited

REX.AX
Regional Express Holdings LimitedAU flagAustralian Securities Exchange
0.57
AUD
- -
- -
64.33MMarket Cap
Regional Express Holdings Limited
REX.AX
(Australian Securities Exchange)

Recent

price

0.57

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
FRC
2.16
2.16
2.06
2.14
2.44
2.32
2.2
2.26
2.38
2.59
2.72
2.88
2.36
1.52
2.55
5.63
Revenue per Share
0.2
0.2
0.22
0.16
0.23
0.13
0.07
0.06
-0.09
0.12
0.16
0.16
-0.18
-0.04
-0.42
0.13
Basic EPS, GAAP
0.07
0.01
-0.29
0.05
0.29
0.1
0.14
0.09
0.08
0.05
-0.17
-0.17
-0.16
-0.66
-0.2
-0.21
Free Cash Flow per Basic Share
0.07
0.07
- -
0.07
0.07
0.09
- -
- -
- -
- -
0.14
0.12
0.08
- -
- -
- -
Dividend per Share
0.96
1.12
1.36
1.45
1.6
1.65
1.7
1.79
1.71
1.83
1.82
1.85
1.6
1.55
1.14
1.28
Book Value per Share
0.88
1.05
1.29
1.38
1.54
1.58
1.65
1.72
1.72
1.82
1.84
1.88
1.59
1.58
1.36
1.44
Tangible Book Value per Share
120
113
111
111
110
109
110
108
108
108
108
109
109
110
111
112
Basic Weighted Avg Shares
259
244
228
238
268
253
242
245
258
279
294
314
257
167
283
628
Sales/Revenue/Turnover
12.39
9.86
11
9.27
10.93
4.64
-0.24
0.2
0.82
6.08
8.04
6.98
-9.8
-60.38
-49.73
-6.38
Operating Margin (%)
8
9
10
11
16
16
15
16
16
16
16
17
22
21
35
53
Depreciation Expense
24
23
25
18
25
14
8
7
-10
13
17
18
-19
-4
-46
14
Net Income, GAAP
25.05
25.36
6.2
26.98
27.31
26.9
27.55
28.23
- -
29.14
32.55
30.49
- -
- -
- -
- -
Effective Tax Rate (%)
9.41
9.44
10.79
7.38
9.5
5.54
3.19
2.72
-3.7
4.52
5.76
5.57
-7.54
-2.31
-16.3
2.29
Profit Margin (%)
-9
-11
-11
-11
14
23
-2
-1
2
5
-16
-9
-34
-12
-40
-68
Working Capital
2
- -
26
27
25
23
35
26
24
17
9
4
2
134
186
297
LT Debt
113
125
151
161
177
181
189
195
187
196
199
205
174
174
152
161
Total Equity
20.18
14.34
15.39
8.75
10.6
4.12
-0.19
0.16
- -
5.47
7.18
6.97
- -
- -
- -
- -
Return on Invested Capital (%)
21.71
18.75
16.2
9.6
13.54
7.42
4.11
3.57
- -
6.43
8.42
8.93
- -
- -
- -
- -
Return on Capital (%)
22.51
19.09
17.78
11.29
15.14
7.87
4.21
3.5
-5.04
6.61
8.61
8.8
-10.32
-2.24
-31.03
10.68
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
-0.86%
-3.74%
6.12%
Free Cash Flow
-23.79%
48.14%
7.47%
Net Income, GAAP
17.75%
135.45%
-131.13%
Sales/Revenue/Turnover
16.05%
29.02%
121.94%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
167
2022
- -
- -
- -
- -
283
2023
- -
- -
- -
- -
628

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
-0.04
2022
- -
- -
- -
- -
-0.42
2023
- -
- -
- -
- -
0.13

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Business
Regional Express Holdings Limited (REX.AX) operates as Australia's largest independent regional airline, providing scheduled passenger and freight air transportation services to over 50 destinations across New South Wales, Victoria, South Australia, Tasmania, Queensland, and Western Australia; it offers regular public transport on monopoly routes comprising approximately 50% of its network, fly-in/fly-out charter services, airfreight and corporate jet charters, aeromedical transport including contracts with Ambulance Victoria, and pilot training through the Australian Airline Pilot Academy for students and other carriers. Founded in 2002 through the merger of Kendall Airlines and Hazelton Airlines following the Ansett Group collapse, the company is headquartered in Mascot, New South Wales, and maintains key subsidiaries such as Regional Express Pty Ltd, Rex Freight & Charter Pty Ltd, Pel-Air Aviation Pty Ltd, and Rex Airlines Pty Ltd. REX employs around 1,450 staff and generated total revenue of approximately A$649 million in fiscal 2023, primarily from its domestic airlines segment utilizing a fleet centered on Saab 340 aircraft. In a major recent development, the company entered voluntary administration in July 2024 amid A$50 million in debt; creditors approved a Deed of Company Arrangement in November 2025 with U.S.-based Air T, Inc. (NASDAQ:AIRT), which entered a Sale and Implementation Deed in October 2025 to acquire REX and its subsidiaries, subject to Federal Court of Australia approval expected by year-end, including Australian government-backed financing restructuring, engine renewal funding for the Saab 340 fleet, and commitments to sustain regional operations and workforce employment.