RICARDO PLC financials
RICARDO PLC
Country: GB Reporting currency: GBP Latest annual report: 2024-06-30
LEI:
213800ZNYAY35F4XB814 Financial statements
(GBP, as reported — unscaled; 121 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | £474.7M | £445.2M |
| Cost of sales | £340.1M | £318.9M |
| Gross profit | £134.6M | £126.3M |
| Other income | £1.2M | £1.2M |
| Administrative expenses | £122.8M | £127.6M |
| Operating profit (EBIT) | £12.8M | -£1.9M |
| Net finance income / (cost) | -£8.5M | -£6.1M |
| Finance costs | £9.6M | £7.1M |
| Profit before tax | £4.3M | -£8.0M |
| Income tax expense | £3.5M | £4.0M |
| Profit for the year | £800.0K | -£5.2M |
| — attributable to owners | £700.0K | -£5.4M |
| — attributable to NCI | £100.0K | £200.0K |
| Total comprehensive income | -£4.8M | -£16.3M |
| Per share | ||
| Basic EPS | £0.01 | £-0.09 |
| Diluted EPS | £0.01 | £-0.09 |
| Free cash flow / share | £0.30 | £0.08 |
| Cash flow statement | ||
| Cash generated from operations | £41.0M | £22.0M |
| Net cash from operating activities | £25.9M | £9.9M |
| Net cash from investing activities | -£8.0M | -£22.8M |
| Purchase of PP&E (capex) | £4.1M | £4.9M |
| Purchase of intangibles | £7.2M | £5.7M |
| Net cash from financing activities | -£10.8M | £13.0M |
| Dividends paid | £7.7M | £6.7M |
| Proceeds from borrowings | £83.0M | £128.0M |
| Repayments of borrowings | £80.0M | £103.0M |
| Lease liability payments | £5.4M | £5.1M |
| Balance sheet | ||
| Total assets | £428.8M | £448.8M |
| Non-current assets | £196.2M | £211.0M |
| Property, plant & equipment | £30.4M | £35.3M |
| Right-of-use assets | £19.2M | £20.7M |
| Intangible assets & goodwill | £96.0M | £96.1M |
| Current assets | £232.6M | £237.8M |
| Inventories | £29.4M | £29.5M |
| Trade & other receivables | £146.7M | £153.5M |
| Cash & equivalents | £48.6M | £49.8M |
| Total equity | £165.2M | £176.6M |
| — attributable to owners | £164.7M | £176.2M |
| Non-controlling interests | £500.0K | £400.0K |
| Non-current liabilities | £138.3M | £142.6M |
| Long-term borrowings | £102.6M | £99.2M |
| Lease liabilities (non-current) | £17.8M | £19.4M |
| Current liabilities | £125.3M | £129.6M |
| Short-term borrowings | £4.3M | £12.7M |
| Lease liabilities (current) | £6.0M | £5.7M |
| Trade & other payables | £107.5M | £105.0M |
| Deferred tax liabilities | £13.0M | £15.5M |
| Derived metrics | ||
| Free cash flow | £21.8M | £5.0M |
| Operating margin | 2.7% | -0.4% |
| Net margin | 0.2% | -1.2% |
| Return on equity | 0.5% | -2.9% |
| Cash conversion ratio | 32.38× | -1.90× |
| Capex coverage | 6.32× | 2.02× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | £100.0K | -£9.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | £7.5M | -£27.9M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £19.9M | £37.4M |
| Adjustments For Finance Income Cost | -£8.5M | -£6.1M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | £0 | -£700.0K |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | -£1.1M | £5.6M |
| Adjustments For Increase Decrease In Trade and Other Payables | -£1.4M | £27.7M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | £0 | -£7.4M |
| Adjustments For Provisions | £800.0K | -£2.0M |
| Adjustments For Sharebased Payments | £2.3M | £1.3M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -£1.3M | £2.6M |
| Bank Overdrafts Classified As Cash Equivalents | £4.3M | £12.6M |
| Basic Earnings Loss Per Share From Continuing Operations | £0.01 | £-0.19 |
| Basic Earnings Loss Per Share From Discontinued Operations | £0.00 | £0.11 |
| Cash and Cash Equivalents Classified As Part of Disposal Group Held For Sale | — | £0 |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £43.0M | £37.2M |
| Cash Flows From Used In Decrease Increase In Restricted Cash and Cash Equivalents | -£1.3M | £0 |
| Cash Flows From Used In Operations Before Changes In Working Capital | £34.0M | £33.2M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £0 | £24.5M |
| Comprehensive Income Attributable To Noncontrolling Interests | £100.0K | £200.0K |
| Comprehensive Income Attributable To Owners of Parent | -£4.9M | -£16.5M |
| Current Assets Liabilities | £107.3M | £108.2M |
| Current Derivative Financial Assets | £800.0K | £2.3M |
| Current Derivative Financial Liabilities | £500.0K | £1.0M |
| Current Provisions | £3.5M | £2.6M |
| Current Tax Assets | £7.1M | £2.7M |
| Current Tax Liabilities | £3.5M | £2.6M |
| Decrease Increase Through Tax On Sharebased Payment Transactions | £400.0K | -£700.0K |
| Deferred Tax Assets | £6.4M | £8.5M |
| Diluted Earnings Loss Per Share From Continuing Operations | £0.01 | £-0.19 |
| Diluted Earnings Loss Per Share From Discontinued Operations | £0.00 | £0.11 |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £7.7M | £6.7M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | £0 | -£2.3M |
| Finance Income | £1.1M | £1.0M |
| Gains Losses On Cash Flow Hedges Net of Tax | -£100.0K | £0 |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | £200.0K | £1.8M |
| Income From Continuing Operations Attributable To Owners of Parent | £700.0K | -£12.2M |
| Income From Discontinued Operations Attributable To Owners of Parent | £0 | £6.8M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -£1.4M | -£1.2M |
| Income Taxes Paid Refund Classified As Operating Activities | £6.5M | £4.6M |
| Increase Decrease In Cash and Cash Equivalents | £7.1M | -£2.2M |
| Increase Decrease Through Sharebased Payment Transactions | £2.2M | £1.4M |
| Intangible Assets Other Than Goodwill | £33.7M | £35.4M |
| Interest Paid Classified As Operating Activities | £8.6M | £7.5M |
| Issued Capital | £15.6M | £15.6M |
| Liabilities | £263.6M | £272.2M |
| Net Assets Liabilities | £165.2M | £176.6M |
| Noncurrent Derivative Financial Liabilities | £100.0K | £0 |
| Noncurrent Payables | £1.2M | £4.8M |
| Noncurrent Provisions | £3.6M | £3.7M |
| Noncurrent Recognised Assets Defined Benefit Plan | £8.0M | £12.6M |
| Other Comprehensive Income | -£5.6M | -£11.1M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£6.0M | -£5.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -£900.0K | -£6.4M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -£1.0M | -£7.3M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -£4.6M | -£3.8M |
| Other Noncurrent Receivables | £2.5M | £2.4M |
| Other Reserves | £36.2M | £37.2M |
| Payments To Acquire Or Redeem Entitys Shares | £700.0K | £200.0K |
| Proceeds From Disposal of Noncurrent Assets Or Disposal Groups Classified As Held For Sale and Discontinued Operations | £0 | £13.1M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £3.3M | £0 |
| Profit Loss From Continuing Operations | £800.0K | -£12.0M |
| Profit Loss From Continuing Operations Attributable To Noncontrolling Interests | £100.0K | £200.0K |
| Profit Loss From Discontinued Operations | £0 | £6.8M |
| Purchase of Treasury Shares | £700.0K | £100.0K |
| Reclassification Adjustments On Exchange Differences On Translation Net of Tax | £0 | £900.0K |
| Retained Earnings | £96.1M | £106.6M |
| Share Premium | £16.8M | £16.8M |
Methodology
Every line item above is a fact tagged in RICARDO PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.