TT ELECTRONICS PLC financials
TT ELECTRONICS PLC
Country: GB Reporting currency: GBP Latest annual report: 2025-12-31
LEI:
213800TJGBW5VFHQEV54 ISIN: GB0008711763 Financial statements
(GBP, as reported — unscaled; 102 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £481.4M | £521.1M |
| Cost of sales | £371.3M | £411.4M |
| Gross profit | £110.1M | £109.7M |
| Distribution costs | £17.6M | £22.9M |
| Administrative expenses | £120.7M | £110.3M |
| Depreciation & amortisation | £2.6M | £2.7M |
| Operating profit (EBIT) | -£28.2M | -£23.5M |
| Net finance income / (cost) | -£8.5M | -£9.9M |
| Finance costs | £8.9M | £11.5M |
| Profit before tax | -£36.7M | -£33.4M |
| Income tax expense | £13.9M | £20.0M |
| Profit for the year | -£50.6M | -£53.4M |
| — attributable to owners | -£50.6M | -£53.4M |
| Total comprehensive income | -£50.3M | -£59.3M |
| Per share | ||
| Basic EPS | £-0.28 | £-0.30 |
| Diluted EPS | £-0.28 | £-0.30 |
| Free cash flow / share | £0.24 | £0.25 |
| Cash flow statement | ||
| Cash generated from operations | £57.6M | £60.9M |
| Net cash from operating activities | £50.0M | £51.2M |
| Net cash from investing activities | -£8.6M | £3.5M |
| Purchase of PP&E (capex) | £8.1M | £6.9M |
| Purchase of intangibles | £0 | £500.0K |
| Net cash from financing activities | -£70.0M | -£62.4M |
| Dividends paid | £0 | £12.2M |
| Proceeds from borrowings | £0 | £15.1M |
| Repayments of borrowings | £59.1M | £49.2M |
| Lease liability payments | £3.8M | £4.2M |
| Net change in cash | -£28.6M | -£7.7M |
| Balance sheet | ||
| Total assets | £394.0M | £512.3M |
| Non-current assets | £157.2M | £215.6M |
| Property, plant & equipment | £44.6M | £49.3M |
| Right-of-use assets | £7.5M | £9.9M |
| Intangible assets & goodwill | £64.6M | £105.4M |
| Current assets | £236.8M | £296.7M |
| Inventories | £103.2M | £132.7M |
| Trade & other receivables | £89.5M | £91.2M |
| Cash & equivalents | £38.7M | £69.2M |
| Total equity | £147.5M | £194.9M |
| Non-current liabilities | £108.1M | £171.1M |
| Long-term borrowings | £88.9M | £149.2M |
| Lease liabilities (non-current) | £10.8M | £13.3M |
| Current liabilities | £138.4M | £146.3M |
| Short-term borrowings | £100.0K | £100.0K |
| Lease liabilities (current) | £3.6M | £4.0M |
| Trade & other payables | £112.5M | £120.0M |
| Deferred tax liabilities | £5.7M | £3.5M |
| Derived metrics | ||
| Free cash flow | £41.9M | £44.3M |
| Operating margin | -5.9% | -4.5% |
| Net margin | -10.5% | -10.2% |
| Return on equity | -34.3% | -27.4% |
| Cash conversion ratio | -0.99× | -0.96× |
| Capex coverage | 6.17× | 7.42× |
| Other reported items | ||
| Adjustments For Amortisation Expense | £1.2M | £1.6M |
| Adjustments For Decrease Increase In Inventories | £14.8M | £12.8M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -£900.0K | -£2.2M |
| Adjustments For Depreciation Expense | £10.9M | £12.2M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £1.0M | £0 |
| Adjustments For Sharebased Payments | £1.9M | £2.2M |
| Bank Overdrafts Classified As Cash Equivalents | £100.0K | £100.0K |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £38.6M | £69.1M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £0 | £17.5M |
| Comprehensive Income Attributable To Owners of Parent | -£50.3M | -£59.3M |
| Current Derivative Financial Assets | £2.1M | £700.0K |
| Current Derivative Financial Liabilities | £500.0K | £5.4M |
| Current Provisions | £6.8M | £3.7M |
| Current Tax Assets | £3.3M | £2.9M |
| Current Tax Liabilities | £14.9M | £13.1M |
| Decrease Increase Through Tax On Sharebased Payment Transactions | -£300.0K | £200.0K |
| Deferred Tax Assets | £8.0M | £13.1M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | — | £0.05 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£1.9M | £300.0K |
| Finance Income | £400.0K | £1.6M |
| Gains Losses On Cash Flow Hedges Before Tax | £8.7M | -£10.2M |
| Gains Losses On Exchange Differences On Translation Before Tax | -£12.2M | £2.9M |
| Gains Losses On Exchange Differences On Translation Net of Tax | £0 | -£600.0K |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | £41.4M | £52.2M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | £2.0M | -£2.4M |
| Income Tax Relating To Exchange Differences On Translation of Other Comprehensive Income | -£1.8M | £400.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | £1.1M | -£3.1M |
| Income Taxes Paid Refund Classified As Operating Activities | £7.6M | £9.7M |
| Increase Decrease Through Sharebased Payment Transactions | £2.1M | £2.2M |
| Increase Decrease Through Transfers and Other Changes Equity | — | £200.0K |
| Interest Paid Classified As Financing Activities | £7.7M | £10.6M |
| Issue of Equity | £600.0K | £800.0K |
| Issued Capital | £44.7M | £44.5M |
| Liabilities | £246.5M | £317.4M |
| Net Assets Liabilities | £147.5M | £194.9M |
| Noncurrent Derivative Financial Assets | £600.0K | £0 |
| Noncurrent Derivative Financial Liabilities | £100.0K | £2.4M |
| Noncurrent Recognised Assets Defined Benefit Plan | £7.4M | £7.1M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £1.3M | £1.5M |
| Other Adjustments To Reconcile Profit Loss | -£500.0K | £200.0K |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -£12.2M | £2.9M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £2.8M | -£2.3M |
| Other Comprehensive Income Net of Tax Hedges of Net Investments In Foreign Operations | £2.3M | -£800.0K |
| Other Intangible Assets | £24.5M | £30.8M |
| Other Reserves | £13.0M | £4.0M |
| Payments For Development Project Expenditure | £1.1M | £1.8M |
| Proceeds From Issuing Shares | £600.0K | £800.0K |
| Reserve of Exchange Differences On Translation | £33.7M | £41.8M |
| Retained Earnings | £31.1M | £80.0M |
| Share Premium | £25.0M | £24.6M |
Methodology
Every line item above is a fact tagged in TT ELECTRONICS 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.