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February 10, 2016 4:18 AM ET

Gas Utilities

Company Overview of Multinet Group Holdings Pty. Ltd.

Company Overview

Multinet Group Holdings Pty. Ltd. distributes natural gas. It owns the distribution network assets used to transport gas from the high-pressure transmission network to the premises of residential, commercial, and industrial gas users. The company is based in Mount Waverley, Australia.

501 Blackburn Road

Level 3

Mt. Waverley, VIC 3149

Australia

Founded in 2003

Phone:

61 3 8540 7800

Fax:

61 3 8540 7899

Key Executives for Multinet Group Holdings Pty. Ltd.

Chief Executive Officer of Duet Group
Compensation as of Fiscal Year 2015.

Multinet Group Holdings Pty. Ltd. Key Developments

Multinet Gas Reports Earnings Results for the Year Ended June 30, 2015

Multinet Gas reported earnings results for the year ended June 30, 2015. For the period, the company reported revenue of AUD 184,128,000 compared with AUD 182,049,000 for the same period last year. EBITDA was AUD 122,191,000 compared with AUD 123,258,000 for the same period last year. Adjusted EBITDA was AUD 118,884,000 compared with AUD 116,636,000 for the same period last year.

Multinet Gas Reports Earnings Results for the Year Ended June 30, 2015

Multinet Gas reported earnings results for the year ended June 30, 2015. For the period, the company reported distribution revenue of AUD 175.1 million against AUD 170.1 million a year ago. EBITDA was AUD 122.2 million against AUD 123.3 million a year ago. Adjusted EBITDA less interest were AUD 70.4 million against AUD 64.9 million a year ago.

Multinet Group Holdings Limited Reports Earnings and Operating Results for the Six Months Ended December 31, 2014

Multinet Group Holdings Limited reported earnings and operating results for the six months ended December 31, 2014. EBITDA was AUD 66,619,000, compared to AUD 70,704,000 a year ago. Gross total revenue was AUD 98.7 million, compared to AUD 103.3 million a year ago. Net loss after tax was AUD 0.1 million compared to net profit after tax of AUD 121.3 million a year ago. Cash flows from operating activities was AUD 89.1 million compared to AUD 85.5 million a year ago. Purchase of PP&E and intangibles was AUD 37.3 million compared to AUD 25.9 million a year ago. Adjusted EBITDA was AUD 64.6 million, compared to AUD 67.6 million a year ago. The company distributed 30,209 TJ of gas during the period compared to 30,291 TJ of gas a year ago.

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