Fundies.
English

Kernel Holding S.A.

ESEF
Report (type unavailable) · filed 2025-05-08

Annual consolidated revenue for 2024: about USD 3.581B, using the latest reported figures. The previous period, 2023, was about USD 3.455B.

Inspect reported changes Compare with another company Historical disclosures Segments
Watchlist

Latest fiscal year

Revenue

3.58 billion USD

2024 · USD

Exact inputs and evidence
  • Revenue: 3581462000 USD Source

Operating margin

7.72%

2024 · %

Exact inputs and evidence
  • Operating Income: 276428000 USD Source
  • Revenue: 3581462000 USD Source

Operating cash flow

472 million USD

2024 · USD

Exact inputs and evidence
  • Operating Cash Flow: 472136000 USD Source

Free cash flow

330 million USD

2024 · USD

Exact inputs and evidence
  • Operating Cash Flow: 472136000 USD Source
  • Capital Expenditure: 142578000 USD Source
Cash and cash equivalents
810 million USD Source
Exact value

809584000 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-05-08.

Financial data available through: 2024-06-30.

Coverage by financial measure
  • Revenue: 4 of 11 periods available· newest 2024-06-30
  • Operating income: 4 of 11 periods available· newest 2024-06-30
  • Net income: 4 of 11 periods available· newest 2024-06-30
  • Operating cash flow: 4 of 11 periods available· newest 2024-06-30
  • Capital expenditure: 4 of 11 periods available· newest 2024-06-30
  • Total assets: 4 of 11 periods available· newest 2024-06-30
  • liabilities: No compatible figures in this window
  • Current assets: 4 of 11 periods available· newest 2024-06-30
  • Current liabilities: 4 of 11 periods available· newest 2024-06-30
  • Cash and cash equivalents: 4 of 11 periods available· newest 2024-06-30
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +3.7%

    Prior period

    USD 3.46 billion

    –

    Current period

    USD 3.58 billion

    –

    Exact inputs and evidence

    3581462000 − 3455121000 = 126341000 USD

    3455121000 USD · 2022-07-01 – 2023-06-30

    Inspect prior input Prior source

    3581462000 USD · 2023-07-01 – 2024-06-30

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  • Net income

    -43.9%

    Prior period

    USD 299.19 million

    –

    Current period

    USD 167.95 million

    –

    Exact inputs and evidence

    167952000 − 299192000 = -131240000 USD

    299192000 USD · 2022-07-01 – 2023-06-30

    Inspect prior input Prior source

    167952000 USD · 2023-07-01 – 2024-06-30

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  • Operating cash flow

    -34.1%

    Prior period

    USD 716.13 million

    –

    Current period

    USD 472.14 million

    –

    Exact inputs and evidence

    472136000 − 716132000 = -243996000 USD

    716132000 USD · 2022-07-01 – 2023-06-30

    Inspect prior input Prior source

    472136000 USD · 2023-07-01 – 2024-06-30

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  • Capital expenditure

    +84.9%

    Prior period

    USD 77.09 million

    –

    Current period

    USD 142.58 million

    –

    Exact inputs and evidence

    142578000 − 77093000 = 65485000 USD

    77093000 USD · 2022-07-01 – 2023-06-30

    Inspect prior input Prior source

    142578000 USD · 2023-07-01 – 2024-06-30

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2023-07-01 – 2024-06-30

  • Revenue USD 3.58 billion 100% of revenue
  • Operating costs Derived USD 3.31 billion 92% of revenue
  • Operating income USD 276.43 million 7.7% of revenue
  • Tax, interest and other Derived USD 108.48 million 3% of revenue
  • Net income USD 167.95 million 4.7% of revenue

Cash

  • Operating cash flow USD 472.14 million 13% of revenue
  • Capital expenditure USD 142.58 million 4% of revenue
  • Free cash flow Derived USD 329.56 million 9.2% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 9.2%88%
  • 2022 Net loss: net income was −0.8% of revenue.
  • 2023 87%
  • 2024 92%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2020-07-01 – 2021-06-305594800000 4905507000 Derived 689293000 176585000 Derived 512708000 281546000 Derived
Source
2022 2021-07-01 – 2022-06-305331545000 5240878000 Derived 90667000 131769000 Derived -41102000 -425142000 Derived
Source
2023 2022-07-01 – 2023-06-303455121000 3015661000 Derived 439460000 140268000 Derived 299192000 639039000 Derived
Source
2024 2023-07-01 – 2024-06-303581462000 3305034000 Derived 276428000 108476000 Derived 167952000 329558000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 3.6B 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.0B4.5B3.0B1.5B0.02021202220232024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Revenue5594800000
2022Revenue5331545000
2023Revenue3455121000
2024Revenue3581462000

Revenue growth

Change in revenue from the same financial period one year earlier.

3.7% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7%-5%-16%-27%-38%2021202220232024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over year-4.7%
2023Year over year-35.2%
2024Year over year3.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 7.7% 2024
Net margin 4.7% 2024
Free cash flow margin 9.2% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.20.6%12.9%5.3%-2.4%-10.1%2021202220232024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating margin12.3%
2022Operating margin1.7%
2023Operating margin12.7%
2024Operating margin7.7%
2021Net margin9.2%
2022Net margin-0.8%
2023Net margin8.7%
2024Net margin4.7%
2021Free cash flow margin5%
2022Free cash flow margin-8%
2023Free cash flow margin18.5%
2024Free cash flow margin9.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 472.1M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.797.9M501.6M205.3M-90.9M-387.2M2021202220232024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Operating cash flow459842000
2022Operating cash flow-305464000
2023Operating cash flow716132000
2024Operating cash flow472136000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 329.6M 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.724.2M415.6M106.9M-201.7M-510.3M2021202220232024
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Free cash flow281546000
2022Free cash flow-425142000
2023Free cash flow639039000
2024Free cash flow329558000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021-06-30Liabilities / assetsNot reported
2022-06-30Liabilities / assetsNot reported
2023-06-30Liabilities / assetsNot reported
2024-06-30Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

1.58× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.69×2.02×1.35×0.67×0.00×2021202220232024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021Current assets / current liabilities2.49×
2022Current assets / current liabilities1.13×
2023Current assets / current liabilities1.29×
2024Current assets / current liabilities1.58×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2020-07-01 – 2021-06-30
USD 512.71 million
Exact value

Exact value: 512708000 USD

2020-07-01 – 2021-06-30: 512708000 USD Inspect Net Income Open source
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USD 459.84 million
Exact value

Exact value: 459842000 USD

2020-07-01 – 2021-06-30: 459842000 USD Inspect Operating Cash Flow Open source
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USD 178.3 million
Exact value

Exact value: 178296000 USD

2020-07-01 – 2021-06-30: 178296000 USD Inspect Capital Expenditure Open source
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USD 281.55 million
Calculation and evidence

459842000 − 178296000 USD

Exact free cash flow: 281546000 USD

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2022 2021-07-01 – 2022-06-30
−USD 41.1 million
Exact value

Exact value: -41102000 USD

2021-07-01 – 2022-06-30: -41102000 USD Inspect Net Income Open source
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−USD 305.46 million
Exact value

Exact value: -305464000 USD

2021-07-01 – 2022-06-30: -305464000 USD Inspect Operating Cash Flow Open source
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USD 119.68 million
Exact value

Exact value: 119678000 USD

2021-07-01 – 2022-06-30: 119678000 USD Inspect Capital Expenditure Open source
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−USD 425.14 million
Calculation and evidence

-305464000 − 119678000 USD

Exact free cash flow: -425142000 USD

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2023 2022-07-01 – 2023-06-30
USD 299.19 million
Exact value

Exact value: 299192000 USD

2022-07-01 – 2023-06-30: 299192000 USD Inspect Net Income Open source
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USD 716.13 million
Exact value

Exact value: 716132000 USD

2022-07-01 – 2023-06-30: 716132000 USD Inspect Operating Cash Flow Open source
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USD 77.09 million
Exact value

Exact value: 77093000 USD

2022-07-01 – 2023-06-30: 77093000 USD Inspect Capital Expenditure Open source
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USD 639.04 million
Calculation and evidence

716132000 − 77093000 USD

Exact free cash flow: 639039000 USD

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2024 2023-07-01 – 2024-06-30
USD 167.95 million
Exact value

Exact value: 167952000 USD

2023-07-01 – 2024-06-30: 167952000 USD Inspect Net Income Open source
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USD 472.14 million
Exact value

Exact value: 472136000 USD

2023-07-01 – 2024-06-30: 472136000 USD Inspect Operating Cash Flow Open source
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USD 142.58 million
Exact value

Exact value: 142578000 USD

2023-07-01 – 2024-06-30: 142578000 USD Inspect Capital Expenditure Open source
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USD 329.56 million
Calculation and evidence

472136000 − 142578000 USD

Exact free cash flow: 329558000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

2 filings · 403 latest values · 403 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 5493003GR6L4DZOS2U12, esef:5493003GR6L4DZOS2U12