Income Statement CEPS PLC

Stocks

CEPS

GB00B86TNX04

Investment Management & Fund Operators

Delayed London S.E. 02:59:59 2026-10-05 EDT			5-day change	1st Jan Change
40.00 ^GBX	0.00%		0.00%	+12.68%

09-28	CEPS Unit Buys Pewter Gift Maker A J Sharp in GBP3.5 Million Deal	MT
09-17	EARNINGS AND TRADING: CEPS benefits from sale; Victoria organic growth	AN

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Published financial data: CEPS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Revenues	20.33M	26.45M	29.68M	31.56M	9.88M
Total Revenues	20.33M	26.45M	29.68M	31.56M	9.88M
Cost of Goods Sold, Total	11.95M	15.54M	17.19M	18.27M	6.21M
Gross Profit	8.39M	10.91M	12.49M	13.29M	3.67M
Selling General & Admin Expenses, Total	6.99M	8.77M	10.02M	10.87M	3.88M
Other Operating Expenses	-14K	-47K	-7K	-	-8K
Other Operating Expenses, Total	6.97M	8.72M	10.01M	10.87M	3.87M
Operating Income	1.41M	2.19M	2.48M	2.42M	-208K
Interest Expense, Total	-714K	-738K	-793K	-690K	-534K
Interest And Investment Income	13K	12K	1K	5K	6K
Net Interest Expenses	-701K	-726K	-792K	-685K	-528K
Income (Loss) On Equity Invest.	66K	-66K	-	-	-
Currency Exchange Gains (Loss)	-	-32K	6K	26K	-15K
EBT, Excl. Unusual Items	780K	1.37M	1.69M	1.76M	-751K
Merger & Related Restructuring Charges	-45.5K	-16K	-16K	-	-
Impairment of Goodwill	-	-	-	-	-1.42M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-6K	-21K	4K	-1K
Asset Writedown	-	-	-	-	-
Other Unusual Items	262K	-	137K	-37K	-
EBT, Incl. Unusual Items	996K	1.35M	1.79M	1.73M	-2.17M
Income Tax Expense	204K	270K	567K	433K	-33K
Earnings From Continuing Operations	792K	1.08M	1.22M	1.3M	-2.14M
Earnings Of Discontinued Operations	-	-	-	-	1.39M
Net Income to Company	792K	1.08M	1.22M	1.3M	-750K
Minority Interest	-496K	-616K	-668K	-718K	13K
Net Income - (IS)	296K	460K	556K	580K	-737K
Net Income to Common Incl Extra Items	296K	460K	556K	580K	-737K
Net Income to Common Excl. Extra Items	296K	460K	556K	580K	-2.12M
Per Share Items
Net EPS - Basic	0.02	0.02	0.03	0.03	-0.04
Basic EPS - Continuing Operations	0.02	0.02	0.03	0.03	-0.1
Basic Weighted Average Shares Outstanding	18.08M	21M	21M	21M	21M
Net EPS - Diluted	0.02	0.02	0.03	0.03	-0.04
Diluted EPS - Continuing Operations	0.02	0.02	0.03	0.03	-0.1
Diluted Weighted Average Shares Outstanding	18.08M	21M	21M	21M	21M
Normalized Basic EPS	-0	0.01	0.02	0.02	-0.02
Normalized Diluted EPS	-0	0.01	0.02	0.02	-0.02
Supplemental Items
EBITDA	1.67M	2.57M	2.9M	2.79M	4K
EBITA	1.49M	2.37M	2.68M	2.59M	-75K
EBIT	1.41M	2.19M	2.48M	2.42M	-208K
EBITDAR	1.88M	2.74M	3.2M	2.94M	44K
Effective Tax Rate - (Ratio)	20.48	20.06	31.66	25.01	1.52
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	144K	288K	533K	527K	555K
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	60K	-18K	34K	-94K	-59K
Normalized Net Income	-8.81K	239K	389K	384K	-456K
Interest on Long-Term Debt	111K	137K	150K	135K	132K
Non-Cash Pension Expense	73K	54K	13K	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	6.79M	8.61M	9.76M	10.71M	3.84M
Net Rental Expense, Total	211K	167K	300K	154K	40K
Imputed Operating Lease Interest Expense	105K	84.86K	166K	77.68K	18.17K
Imputed Operating Lease Depreciation	106K	82.14K	134K	76.32K	21.83K
Stock-Based Comp., Other (Total)	-	-	-	-	215K
Total Stock-Based Compensation	-	-	-	-	215K

Fiscal Period: December	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Assets
Cash And Equivalents	2.08M	1.28M	916K	677K	1.11M
Total Cash And Short Term Investments	2.08M	1.28M	916K	677K	1.11M
Accounts Receivable, Total	2.7M	3.13M	3.83M	3.77M	576K
Other Receivables	27K	443K	478K	125K	99K
Total Receivables	2.72M	3.57M	4.31M	3.9M	675K
Inventory	1.61M	2.14M	2.39M	2.35M	1.91M
Prepaid Expenses	312K	434K	531K	588K	155K
Other Current Assets, Total	-	-	-	-	12.74M
Total Current Assets	6.73M	7.43M	8.14M	7.51M	16.59M
Gross Property Plant And Equipment	3.08M	4M	4.94M	5.16M	4.04M
Accumulated Depreciation	-1.1M	-1.63M	-1.94M	-2.47M	-2.09M
Net Property Plant And Equipment	1.99M	2.36M	3M	2.69M	1.95M
Long-term Investments	66K	-	-	-	-
Goodwill	10.09M	10.77M	10.77M	10.8M	3.62M
Other Intangibles, Total	640K	958K	835K	799K	358K
Deferred Tax Assets Long-Term	-	-	-	-	-
Total Assets	19.51M	21.52M	22.74M	21.8M	22.52M
Liabilities
Accounts Payable, Total	1.16M	1.31M	1.44M	1.42M	917K
Accrued Expenses, Total	526K	826K	970K	954K	212K
Short-term Borrowings	554K	578K	1.08M	620K	206K
Current Portion of Long-Term Debt	1.2M	909K	1.1M	2.81M	2.21M
Current Portion of Leases	258K	313K	449K	505K	451K
Current Income Taxes Payable	981K	1.45M	1.4M	1.6M	298K
Unearned Revenue Current, Total	1.04M	690K	887K	1.19M	201K
Other Current Liabilities	411K	495K	384K	223K	8.03M
Total Current Liabilities	6.14M	6.57M	7.71M	9.33M	12.52M
Long-Term Debt	8.44M	8.37M	6.89M	5.28M	4.39M
Long-Term Leases	1.1M	1.52M	1.72M	1.44M	900K
Deferred Tax Liability Non Current	255K	338K	372K	312K	204K
Other Non Current Liabilities	45K	208K	460K	480K	443K
Total Liabilities	15.97M	17.01M	17.15M	16.84M	18.46M
Common Stock, Total	2.1M	2.1M	2.1M	63K	63K
Additional Paid In Capital	7.02M	7.02M	7.02M	-	-
Retained Earnings	-8.04M	-7.53M	-6.93M	2.75M	2.01M
Total Common Equity	1.08M	1.59M	2.19M	2.82M	2.07M
Minority Interest	2.46M	2.92M	3.41M	2.15M	1.98M
Total Equity	3.54M	4.52M	5.59M	4.97M	4.06M
Total Liabilities And Equity	19.51M	21.52M	22.74M	21.8M	22.52M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	21M	21M	21M	21M	21M
ECS Total Common Shares Outstanding	21M	21M	21M	21M	21M
Book Value / Share	0.05	0.08	0.1	0.13	0.1
Tangible Book Value	-9.65M	-10.14M	-9.42M	-8.79M	-1.9M
Tangible Book Value Per Share	-0.46	-0.48	-0.45	-0.42	-0.09
Total Debt	11.55M	11.69M	11.24M	10.65M	8.16M
Net Debt	9.47M	10.4M	10.32M	9.97M	7.05M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-890K	-789K	-565K	-	-
Debt Equivalent Oper. Leases	1.69M	1.34M	2.4M	1.23M	320K
Minority Interest, Total (Incl. Fin. Div)	2.46M	2.92M	3.41M	2.15M	1.98M
Equity Method Investments, Total	66K	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	752K	530K	360K	175K	284K
Inventories - Work In Process, Total	27K	7K	50K	17K	23K
Inventories - Finished Goods, Total	833K	1.6M	1.98M	2.15M	1.61M
Machinery, Total	787K	894K	918K	1.07M	533K
Full Time Employees	219	265	265	282	305
Accumulated Allowance for Doubtful Accounts (Supple)	16K	10K	12K	15K	-

Fiscal Period: December	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Net Income	296K	460K	556K	580K	-737K
Depreciation & Amortization - CF	487K	542K	618K	696K	451K
Amortization of Goodwill and Intangible Assets - (CF)	77K	177K	203K	166K	133K
Depreciation & Amortization, Total	564K	719K	821K	862K	584K
Amortization of Deferred Charges, Total - (CF)	-	-	-	40K	-
(Gain) Loss From Sale Of Asset	6K	6K	21K	-4K	1K
Asset Writedown & Restructuring Costs	-	-	-	-	1.42M
(Income) Loss On Equity Investments - (CF)	-66K	66K	-	-	-
Stock-Based Compensation (CF)	-	-	-	-	215K
Net Cash From Discontinued Operations	-	-	-	-	367K
Other Operating Activities, Total	1.29M	1.6M	1.59M	1.35M	860K
Change In Accounts Receivable	-261K	-970K	-965K	353K	-306K
Change In Inventories	-171K	-518K	-250K	42K	433K
Change In Accounts Payable	-469K	301K	652K	312K	332K
Change in Other Net Operating Assets	-	-	400K	12K	-12K
Cash from Operations	1.19M	1.67M	2.82M	3.54M	3.16M
Capital Expenditure	-309K	-120K	-610K	-142K	-169K
Sale of Property, Plant, and Equipment	35K	3K	70K	51K	1K
Cash Acquisitions	-1.22M	-611K	-320K	-172K	-900K
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-73K	-75K	-80K	-32K	-203K
Other Investing Activities, Total	13K	12K	-56K	5K	10K
Cash from Investing	-1.55M	-791K	-996K	-290K	-1.26M
Long-Term Debt Issued, Total	3.33M	396K	502K	-	2.59M
Total Debt Issued	3.33M	396K	502K	-	2.59M
Long-Term Debt Repaid, Total	-3.44M	-1.1M	-1.65M	-1.95M	-2.48M
Total Debt Repaid	-3.44M	-1.1M	-1.65M	-1.95M	-2.48M
Issuance of Common Stock	1.02M	-	-	-	-
Other Financing Activities, Total	-787K	-972K	-1.05M	-1.55M	-1.28M
Cash from Financing	117K	-1.68M	-2.2M	-3.49M	-1.16M
Net Change in Cash	-251K	-797K	-368K	-239K	730K
Supplemental Items
Cash Interest Paid	791K	815K	889K	690K	822K
Cash Income Tax Paid (Refund)	187K	61K	450K	488K	466K
Levered Free Cash Flow	-500K	586K	414K	2.52M	-4.42M
Unlevered Free Cash Flow	-53.94K	1.05M	910K	2.95M	-4.09M
Change In Net Working Capital	1.12M	847K	769K	-704K	4.38M
Net Debt Issued / Repaid	-114K	-703K	-1.15M	-1.95M	111K

Fiscal Period: December	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Profitability
Return on Assets	4.91	6.68	6.99	6.8	-0.59
Return on Total Capital	6.41	8.76	9.37	9.33	-0.93
Return On Equity %	34.17	26.71	24.22	24.59	-47.39
Return on Common Equity	274.07	34.48	29.44	23.19	-86.89
Margin Analysis
Gross Profit Margin %	41.25	41.25	42.08	42.11	37.11
SG&A Margin	34.36	33.14	33.76	34.44	39.3
EBITDA Margin %	8.23	9.73	9.76	8.84	0.04
EBITA Margin %	7.34	8.96	9.03	8.2	-0.76
EBIT Margin %	6.96	8.29	8.35	7.68	-2.11
Income From Continuing Operations Margin %	3.9	4.07	4.12	4.11	-21.64
Net Income Margin %	1.46	1.74	1.87	1.84	-7.46
Net Avail. For Common Margin %	1.46	1.74	1.87	1.84	-21.51
Normalized Net Income Margin	-0.04	0.9	1.31	1.22	-4.62
Levered Free Cash Flow Margin	-2.46	2.21	1.4	7.97	-44.76
Unlevered Free Cash Flow Margin	-0.27	3.96	3.07	9.34	-41.38
Asset Turnover
Asset Turnover	1.13	1.29	1.34	1.42	0.45
Fixed Assets Turnover	11.3	12.15	11.06	11.09	4.25
Receivables Turnover (Average Receivables)	9.88	9.08	8.53	8.31	4.55
Inventory Turnover (Average Inventory)	7.83	8.29	7.59	7.72	2.92
Short Term Liquidity
Current Ratio	1.1	1.13	1.06	0.8	1.32
Quick Ratio	0.78	0.74	0.68	0.49	0.14
Operating Cash Flow to Current Liabilities	0.19	0.25	0.37	0.38	0.25
Days Sales Outstanding (Average Receivables)	36.96	40.2	42.78	44.07	80.3
Days Outstanding Inventory (Average Inventory)	46.64	44.04	48.06	47.42	125.1
Average Days Payable Outstanding	33.95	28.12	28.84	28.73	73.76
Cash Conversion Cycle (Average Days)	49.65	56.13	62	62.76	131.65
Long Term Solvency
Total Debt/Equity	326.06	258.89	200.91	214.48	201.04
Total Debt / Total Capital	76.53	72.14	66.77	68.2	66.78
LT Debt/Equity	269.11	219.03	153.94	135.2	130.47
Long-Term Debt / Total Capital	63.16	61.03	51.16	42.99	43.34
Total Liabilities / Total Assets	81.85	79.02	75.41	77.22	81.98
EBIT / Interest Expense	1.98	2.97	3.12	3.51	-0.39
EBITDA / Interest Expense	2.77	3.94	4.16	4.76	0.7
(EBITDA - Capex) / Interest Expense	2.34	3.78	3.39	4.56	0.39
Total Debt / EBITDA	5.84	4.02	3.41	3.24	21.69
Net Debt / EBITDA	4.79	3.57	3.13	3.04	18.74
Total Debt / (EBITDA - Capex)	6.92	4.19	4.18	3.39	39.4
Net Debt / (EBITDA - Capex)	5.67	3.73	3.84	3.17	34.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	71.43	30.08	12.2	6.35	-2.83
Gross Profit, 1 Yr. Growth %	92.8	30.09	14.45	6.42	-7.63
EBITDA, 1 Yr. Growth %	-2.12K	52.16	12.55	-2.28	-98.81
EBITA, 1 Yr. Growth %	-541.27	56.89	13.13	-1.89	-137.13
EBIT, 1 Yr. Growth %	-518.49	52.97	13	-2.18	-524.49
Earnings From Cont. Operations, 1 Yr. Growth %	-180.82	35.86	13.75	6.05	468.62
Net Income, 1 Yr. Growth %	-147.44	55.41	20.87	4.32	-227.07
Normalized Net Income, 1 Yr. Growth %	-98.59	-24K	62.71	-1.13	-52.64
Diluted EPS Before Extra, 1 Yr. Growth %	-129.63	33.83	20.87	4.32	94.24
Accounts Receivable, 1 Yr. Growth %	89.8	16.02	22.34	-1.49	-84.73
Inventory, 1 Yr. Growth %	11.87	32.63	11.69	-1.76	-18.46
Net Property, Plant and Equip., 1 Yr. Growth %	23.62	18.9	26.81	-10.27	-27.42
Total Assets, 1 Yr. Growth %	18.45	10.29	5.69	-4.15	3.28
Tangible Book Value, 1 Yr. Growth %	-4.14	5.02	-7.08	-6.72	-78.35
Common Equity, 1 Yr. Growth %	-225.09	47.73	37.4	28.87	-26.38
Cash From Operations, 1 Yr. Growth %	-6.39	40.73	69.26	25.49	-10.97
Capital Expenditures, 1 Yr. Growth %	225.26	-61.17	408.33	-76.72	19.01
Levered Free Cash Flow, 1 Yr. Growth %	-142.02	-219.88	-29.24	506.79	-592.13
Unlevered Free Cash Flow, 1 Yr. Growth %	-103.27	-2.57K	-13.07	223.73	-443.06
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	27.53	49.33	20.81	9.23	-42.3
Gross Profit, 2 Yr. CAGR %	25.87	58.38	22.02	10.36	-45.82
EBITDA, 2 Yr. CAGR %	-8.39	456.78	30.87	4.13	-96.26
EBITA, 2 Yr. CAGR %	-8.05	164.74	33.22	4.54	-83.14
EBIT, 2 Yr. CAGR %	-10.45	154.66	31.47	5.14	-71.02
Earnings From Cont. Operations, 2 Yr. CAGR %	-14.44	4.78	24.32	9.83	32.16
Net Income, 2 Yr. CAGR %	-66.87	-14.14	37.05	12.29	15.13
Normalized Net Income, 2 Yr. CAGR %	-78.06	-38.24	1.87K	26.84	8.33
Diluted EPS Before Extra, 2 Yr. CAGR %	-13.86	-37.03	27.19	12.29	95.5
Accounts Receivable, 2 Yr. CAGR %	-4.34	48.39	19.14	9.78	-61.21
Inventory, 2 Yr. CAGR %	-15.43	21.81	21.71	4.75	-10.5
Net Property, Plant and Equip., 2 Yr. CAGR %	-4.28	21.24	22.79	6.67	-19.3
Total Assets, 2 Yr. CAGR %	10.06	14.3	7.96	0.65	-0.51
Tangible Book Value, 2 Yr. CAGR %	30.97	0.34	-1.21	-6.9	-55.06
Common Equity, 2 Yr. CAGR %	21.21	35.94	42.47	33.06	-2.6
Cash From Operations, 2 Yr. CAGR %	602.97	14.77	54.34	45.74	5.7
Capital Expenditures, 2 Yr. CAGR %	13.23	12.39	40.5	8.78	-47.36
Levered Free Cash Flow, 2 Yr. CAGR %	-51.6	-29.85	-7.9	107.22	226.61
Unlevered Free Cash Flow, 2 Yr. CAGR %	-84.84	-20.29	363.44	67.75	111.94
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.25	28.38	35.76	15.78	-27.98
Gross Profit, 3 Yr. CAGR %	11.78	27.26	42.12	16.58	-30.48
EBITDA, 3 Yr. CAGR %	8.29	8.89	226.77	18.16	-88.42
EBITA, 3 Yr. CAGR %	14.52	10.33	99.41	19.69	-68.37
EBIT, 3 Yr. CAGR %	12.52	7.51	94.24	19.13	-54.39
Earnings From Cont. Operations, 3 Yr. CAGR %	22.48	-0.19	7.69	17.9	25.72
Net Income, 3 Yr. CAGR %	-39.98	-44.54	-3.77	25.14	17.01
Normalized Net Income, 3 Yr. CAGR %	-47.78	9.31	-14.7	627.16	24.06
Diluted EPS Before Extra, 3 Yr. CAGR %	-36.07	-0.23	-21.74	19.05	66.55
Accounts Receivable, 3 Yr. CAGR %	-0.34	2.02	39.14	11.82	-43.11
Inventory, 3 Yr. CAGR %	-3.88	-1.75	18.34	13.32	-3.64
Net Property, Plant and Equip., 3 Yr. CAGR %	26.14	2.89	23.07	10.6	-6.18
Total Assets, 3 Yr. CAGR %	15.75	10.14	11.35	3.76	1.52
Tangible Book Value, 3 Yr. CAGR %	99.64	21.68	-2.2	-3.08	-42.75
Common Equity, 3 Yr. CAGR %	-32.67	29.48	36.42	37.78	9.24
Cash From Operations, 3 Yr. CAGR %	-5.22	311.23	30.64	44.05	23.66
Capital Expenditures, 3 Yr. CAGR %	-26.21	-20.74	85.87	-22.83	12.09
Levered Free Cash Flow, 3 Yr. CAGR %	-1.19	-35.02	-29.64	72.66	96.17
Unlevered Free Cash Flow, 3 Yr. CAGR %	-46.41	-23.6	-17.95	311.21	57.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-3.52	9.34	9.94	20.35	-3.59
Gross Profit, 5 Yr. CAGR %	11.55	16.28	15.77	20.21	-3.36
EBITDA, 5 Yr. CAGR %	9.97	13.27	17.07	6.96	-45.48
EBITA, 5 Yr. CAGR %	21.04	15.21	21.97	7.98	-26
EBIT, 5 Yr. CAGR %	20.27	13.44	20.06	6.55	-9.25
Earnings From Cont. Operations, 5 Yr. CAGR %	-2.8	75.3	23.21	3.71	16.88
Net Income, 5 Yr. CAGR %	-23.53	-2.87	-16.49	-26.46	3.38
Normalized Net Income, 5 Yr. CAGR %	-41.42	-5.25	44.43	16.01	-6.14
Diluted EPS Before Extra, 5 Yr. CAGR %	-32.66	-6.96	-15.82	4.6	12.87
Accounts Receivable, 5 Yr. CAGR %	-2.87	2.02	7.03	5.05	-16.52
Inventory, 5 Yr. CAGR %	-4.41	3.85	5.64	0.8	5.83
Net Property, Plant and Equip., 5 Yr. CAGR %	-3.84	0.38	24.79	4.39	3.95
Total Assets, 5 Yr. CAGR %	5.49	7.52	12.57	6.24	6.45
Tangible Book Value, 5 Yr. CAGR %	28.43	38.45	50.67	9.32	-28.35
Common Equity, 5 Yr. CAGR %	-18.4	-15.1	-9.13	30.9	19.22
Cash From Operations, 5 Yr. CAGR %	19.48	4.69	15.19	171.57	20.03
Capital Expenditures, 5 Yr. CAGR %	-19.23	-14.72	-4.53	-10.04	12.21
Levered Free Cash Flow, 5 Yr. CAGR %	22.17	4.95	-4.38	3.33	30.01
Unlevered Free Cash Flow, 5 Yr. CAGR %	-2.83	11.36	21.04	4.65	19.93