Cash flow James Latham plc

Stocks

LTHM

GB00B04NP100

Forest & Wood Products

Market Closed - London S.E. 11:35:25 2026-08-13 EDT			5-day change	1st Jan Change
1,070.00 ^GBX	0.00%		+5.94%	+9.18%

07-23	James Latham plc Auditor Raises 'Going Concern' Doubt	CI
07-02	EARNINGS AND TRADING: James Latham says customer demand quite "patchy"	AN

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Published financial data: JAMES LATHAM PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	385M	408M	367M	367M	393M
Total Revenues	385M	408M	367M	367M	393M
Cost of Goods Sold, Total	294M	328M	304M	305M	328M
Gross Profit	91.53M	80.01M	62.1M	61.45M	64.85M
Selling General & Admin Expenses, Total	33.38M	36.31M	35.2M	40.26M	41.84M
Other Operating Expenses, Total	33.38M	36.31M	35.2M	40.26M	41.84M
Operating Income	58.15M	43.7M	26.9M	21.19M	23.01M
Interest Expense, Total	-224K	-258K	-194K	-347K	-362K
Interest And Investment Income	29K	1.07M	3.56M	3.44M	2.44M
Net Interest Expenses	-195K	813K	3.37M	3.1M	2.08M
EBT, Excl. Unusual Items	57.95M	44.51M	30.26M	24.28M	25.09M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	57.95M	44.51M	30.26M	24.28M	25.09M
Income Tax Expense	12.31M	8.59M	7.6M	6.14M	6.49M
Earnings From Continuing Operations	45.64M	35.92M	22.66M	18.15M	18.6M
Net Income to Company	45.64M	35.92M	22.66M	18.15M	18.6M
Net Income - (IS)	45.64M	35.92M	22.66M	18.15M	18.6M
Net Income to Common Incl Extra Items	45.64M	35.92M	22.66M	18.15M	18.6M
Net Income to Common Excl. Extra Items	45.64M	35.92M	22.66M	18.15M	18.6M
Per Share Items
Net EPS - Basic	2.29	1.8	1.13	0.9	0.93
Basic EPS - Continuing Operations	2.29	1.8	1.13	0.9	0.93
Basic Weighted Average Shares Outstanding	19.9M	20.01M	20.11M	20.13M	20.1M
Net EPS - Diluted	2.28	1.79	1.13	0.9	0.92
Diluted EPS - Continuing Operations	2.28	1.79	1.13	0.9	0.92
Diluted Weighted Average Shares Outstanding	19.99M	20.04M	20.13M	20.18M	20.12M
Normalized Basic EPS	1.82	1.39	0.94	0.75	0.78
Normalized Diluted EPS	1.81	1.39	0.94	0.75	0.78
Dividend Per Share	0.26	0.28	0.34	0.35	0.37
Payout Ratio	9.59	19	32.43	87.51	38.35
Supplemental Items
EBITDA	60.97M	46.64M	30.08M	24.88M	27.24M
EBITA	58.32M	43.87M	27.06M	21.35M	23.17M
EBIT	58.15M	43.7M	26.9M	21.19M	23.01M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	21.24	19.31	25.12	25.27	25.87
Current Domestic Taxes	10.38M	6.59M	6.84M	5.82M	6.23M
Total Current Taxes	10.38M	6.59M	6.84M	5.82M	6.23M
Total Deferred Taxes	1.93M	2M	760K	320K	260K
Normalized Net Income	36.22M	27.82M	18.91M	15.18M	15.68M
Interest on Long-Term Debt	213K	253K	193K	345K	360K
Non-Cash Pension Expense	18K	-249K	-753K	1.48M	-850K
Supplemental Operating Expense Items
Selling and Marketing Expenses	22.15M	24.21M	24.22M	27.41M	28.48M
General and Administrative Expenses	11.21M	12.1M	11.73M	13.85M	14.37M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	169K	182K	80K	305K	383K
Total Stock-Based Compensation	169K	182K	80K	305K	383K

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	37.03M	62.61M	75.88M	69.12M	51.2M
Total Cash And Short Term Investments	37.03M	62.61M	75.88M	69.12M	51.2M
Accounts Receivable, Total	63.3M	61.44M	58.73M	58.51M	63.38M
Other Receivables	2.91M	3.25M	2.55M	3.81M	3.68M
Total Receivables	66.21M	64.69M	61.28M	62.32M	67.06M
Inventory	74.23M	67.49M	61.71M	65.7M	72.93M
Prepaid Expenses	2.12M	2.58M	3.48M	3.43M	4.07M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	180M	197M	202M	201M	195M
Gross Property Plant And Equipment	62.72M	66.51M	72.87M	84.23M	109M
Accumulated Depreciation	-21.63M	-23.25M	-24.52M	-26.23M	-30.27M
Net Property Plant And Equipment	41.09M	43.26M	48.35M	58M	79.2M
Goodwill	1.37M	1.19M	1.19M	1.19M	1.19M
Other Intangibles, Total	1.49M	1.32M	1.15M	985K	818K
Deferred Tax Assets Long-Term	154K	-	-	-	-
Other Long-Term Assets, Total	1.12M	7.22M	16.65M	14.71M	15.18M
Total Assets	225M	250M	270M	275M	292M
Liabilities
Accounts Payable, Total	34.76M	25.74M	21.22M	20.85M	29.22M
Accrued Expenses, Total	12.21M	10.07M	11.86M	12.87M	12.47M
Short-term Borrowings	-	-	-	3.63M	-
Current Portion of Leases	1.28M	879K	1.37M	1.47M	1.36M
Current Income Taxes Payable	400K	-	408K	-	433K
Other Current Liabilities	3.91M	5.25M	2.38M	1.88M	2.74M
Total Current Liabilities	52.55M	41.94M	37.24M	40.71M	46.23M
Long-Term Debt	592K	592K	592K	592K	425K
Long-Term Leases	3.13M	5.13M	7.3M	6.92M	5.98M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	4.57M	7.12M	9.34M	6.76M	6.71M
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	60.84M	54.78M	54.47M	54.97M	59.34M
Common Stock, Total	5.04M	5.04M	5.04M	5.04M	5.04M
Retained Earnings	159M	190M	210M	215M	226M
Treasury Stock	-873K	-	-	-	-
Comprehensive Income and Other	785K	522K	550K	848K	1.17M
Total Common Equity	164M	196M	215M	220M	232M
Total Equity	164M	196M	215M	220M	232M
Total Liabilities And Equity	225M	250M	270M	275M	292M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	19.79M	19.93M	19.96M	27.81M	27.75M
ECS Total Common Shares Outstanding	19.79M	19.93M	19.96M	27.81M	27.75M
Book Value / Share	8.29	9.81	10.79	7.93	8.37
Tangible Book Value	161M	193M	213M	218M	230M
Tangible Book Value Per Share	8.14	9.69	10.67	7.85	8.3
Total Debt	5M	6.6M	9.26M	12.61M	7.77M
Net Debt	-32.03M	-56.01M	-66.62M	-56.51M	-43.43M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-6.99M	-14.96M	-20.38M	-17.52M	-18.55M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	75.24M	68.63M	63.26M	66.87M	74.17M
Land - (BS)	8.52M	8.52M	8.52M	9.25M	9.25M
Machinery, Total	23.94M	24.7M	27.2M	30.96M	33.22M
Full Time Employees	498	543	565	588	611
Accumulated Allowance for Doubtful Accounts (Supple)	305K	200K	308K	154K	221K

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	45.64M	35.92M	22.66M	18.15M	18.6M
Depreciation & Amortization - CF	3.96M	4M	4.1M	5.36M	5.7M
Amortization of Goodwill and Intangible Assets - (CF)	168K	168K	167K	167K	167K
Depreciation & Amortization, Total	4.13M	4.17M	4.27M	5.52M	5.87M
(Gain) Loss From Sale Of Asset	50K	-46K	35K	-454K	-43K
Asset Writedown & Restructuring Costs	-	179K	-	-	-
Stock-Based Compensation (CF)	169K	182K	80K	305K	383K
Other Operating Activities, Total	-1.24M	-4.22M	-4.63M	-1.96M	-1.61M
Change In Accounts Receivable	-18.03M	1.55M	1.24M	-702K	-5.68M
Change In Inventories	-23.99M	6.74M	5.78M	-3.99M	-7.24M
Change In Accounts Payable	13.94M	-8.17M	-5.86M	147K	9.03M
Cash from Operations	20.66M	36.31M	23.57M	17.02M	19.31M
Capital Expenditure	-4.32M	-3.3M	-5.6M	-13.46M	-26.32M
Sale of Property, Plant, and Equipment	62K	72K	67K	225K	56K
Cash Acquisitions	-2.24M	-	-	-	-
Other Investing Activities, Total	29K	822K	3.56M	3.44M	2.44M
Cash from Investing	-6.47M	-2.41M	-1.97M	-9.8M	-23.82M
Long-Term Debt Repaid, Total	-1.41M	-1.5M	-1.19M	-1.9M	-1.8M
Total Debt Repaid	-1.41M	-1.5M	-1.19M	-1.9M	-1.8M
Issuance of Common Stock	-	-	212K	162K	153K
Repurchase of Common Stock	-	-	-6K	-	-784K
Repurchase of Preferred Stock	-	-	-	-	-217K
Common Dividends Paid	-4.38M	-6.82M	-7.35M	-15.88M	-7.13M
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-4.38M	-6.82M	-7.35M	-15.88M	-7.13M
Cash from Financing	-5.79M	-8.32M	-8.33M	-17.62M	-9.78M
Net Change in Cash	8.41M	25.58M	13.27M	-10.39M	-14.28M
Supplemental Items
Cash Interest Paid	59K	53K	48K	46K	49K
Cash Income Tax Paid (Refund)	10.26M	7.5M	5.94M	6.66M	5.36M
Levered Free Cash Flow	6.4M	25.79M	18.54M	155K	-9.28M
Unlevered Free Cash Flow	6.54M	25.95M	18.66M	372K	-9.05M
Change In Net Working Capital	29.78M	2.41M	-3.09M	5.23M	3.37M
Net Debt Issued / Repaid	-1.41M	-1.5M	-1.19M	-1.9M	-1.8M

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	18.5	11.5	6.46	4.86	5.07
Return on Total Capital	24.81	14.72	7.88	5.74	6.08
Return On Equity %	32.25	19.98	11.03	8.27	8.22
Return on Common Equity	32.25	19.98	11.03	8.27	8.22
Margin Analysis
Gross Profit Margin %	23.75	19.59	16.94	16.76	16.5
SG&A Margin	8.66	8.89	9.6	10.98	10.65
EBITDA Margin %	15.82	11.42	8.21	6.79	6.93
EBITA Margin %	15.13	10.74	7.38	5.82	5.9
EBIT Margin %	15.09	10.7	7.34	5.78	5.85
Income From Continuing Operations Margin %	11.84	8.8	6.18	4.95	4.73
Net Income Margin %	11.84	8.8	6.18	4.95	4.73
Net Avail. For Common Margin %	11.84	8.8	6.18	4.95	4.73
Normalized Net Income Margin	9.4	6.81	5.16	4.14	3.99
Levered Free Cash Flow Margin	1.66	6.32	5.06	0.04	-2.36
Unlevered Free Cash Flow Margin	1.7	6.36	5.09	0.1	-2.3
Asset Turnover
Asset Turnover	1.96	1.72	1.41	1.34	1.39
Fixed Assets Turnover	9.57	9.68	8	6.89	5.73
Receivables Turnover (Average Receivables)	7.14	6.55	6.1	6.25	6.45
Inventory Turnover (Average Inventory)	4.8	4.63	4.71	4.79	4.73
Short Term Liquidity
Current Ratio	3.42	4.71	5.43	4.93	4.22
Quick Ratio	1.96	3.03	3.68	3.23	2.56
Operating Cash Flow to Current Liabilities	0.39	0.87	0.63	0.42	0.42
Days Sales Outstanding (Average Receivables)	51.12	55.74	60	58.36	56.6
Days Outstanding Inventory (Average Inventory)	76.08	78.77	77.67	76.19	77.09
Average Days Payable Outstanding	33.22	34.33	28.78	24.84	27.24
Cash Conversion Cycle (Average Days)	93.97	100.18	108.89	109.72	106.45
Long Term Solvency
Total Debt/Equity	3.05	3.38	4.3	5.72	3.35
Total Debt / Total Capital	2.96	3.26	4.13	5.41	3.24
LT Debt/Equity	2.27	2.93	3.67	3.4	2.76
Long-Term Debt / Total Capital	2.2	2.83	3.51	3.22	2.67
Total Liabilities / Total Assets	27.06	21.88	20.2	19.96	20.35
EBIT / Interest Expense	259.58	169.37	138.64	61.05	63.56
EBITDA / Interest Expense	278.01	185.55	160.65	76.97	79.77
(EBITDA - Capex) / Interest Expense	258.73	172.74	131.81	38.17	7.07
Total Debt / EBITDA	0.08	0.14	0.3	0.47	0.27
Net Debt / EBITDA	-0.51	-1.17	-2.14	-2.12	-1.5
Total Debt / (EBITDA - Capex)	0.09	0.15	0.36	0.95	3.04
Net Debt / (EBITDA - Capex)	-0.55	-1.26	-2.61	-4.27	-16.98
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	54.05	5.97	-10.25	0.03	7.21
Gross Profit, 1 Yr. Growth %	102.94	-12.59	-22.38	-1.05	5.53
EBITDA, 1 Yr. Growth %	183.06	-23.51	-35.85	-17.26	9.46
EBITA, 1 Yr. Growth %	207.49	-24.78	-38.65	-21.1	8.53
EBIT, 1 Yr. Growth %	209.33	-24.85	-38.8	-21.23	8.6
Earnings From Cont. Operations, 1 Yr. Growth %	204.65	-21.3	-36.91	-19.92	2.5
Net Income, 1 Yr. Growth %	204.65	-21.3	-36.91	-19.92	2.5
Normalized Net Income, 1 Yr. Growth %	211.6	-23.19	-32.01	-19.76	3.33
Diluted EPS Before Extra, 1 Yr. Growth %	203.59	-21.51	-37.17	-20.16	2.78
Accounts Receivable, 1 Yr. Growth %	41.77	-2.93	-4.41	-0.37	8.32
Inventory, 1 Yr. Growth %	53.81	-9.08	-8.56	6.46	11.02
Net Property, Plant and Equip., 1 Yr. Growth %	4.27	5.28	11.78	19.96	36.55
Total Assets, 1 Yr. Growth %	33.83	11.36	7.72	2.13	5.88
Tangible Book Value, 1 Yr. Growth %	38.23	19.83	10.27	0.94	5.5
Common Equity, 1 Yr. Growth %	37.69	19.27	10.05	0.85	5.37
Cash From Operations, 1 Yr. Growth %	13.97	75.72	-32.52	-27.8	13.47
Capital Expenditures, 1 Yr. Growth %	119.46	-23.5	69.34	140.64	95.48
Levered Free Cash Flow, 1 Yr. Growth %	-57.3	303.13	-28.56	-99.16	-6.07K
Unlevered Free Cash Flow, 1 Yr. Growth %	-56.74	296.97	-28.53	-98	-2.53K
Dividend Per Share, 1 Yr. Growth %	20.28	10	20.32	4.44	4.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	24.88	27.77	-2.48	-5.25	3.56
Gross Profit, 2 Yr. CAGR %	45.15	33.19	-17.63	-12.36	2.19
EBITDA, 2 Yr. CAGR %	82.71	47.14	-29.77	-27.15	-4.84
EBITA, 2 Yr. CAGR %	91	52.09	-31.88	-30.43	-7.46
EBIT, 2 Yr. CAGR %	91.73	52.47	-31.99	-30.57	-7.51
Earnings From Cont. Operations, 2 Yr. CAGR %	91.23	54.84	-29.54	-28.92	-9.4
Net Income, 2 Yr. CAGR %	91.23	54.84	-29.54	-28.92	-9.4
Normalized Net Income, 2 Yr. CAGR %	92.36	54.7	-27.74	-26.14	-8.95
Diluted EPS Before Extra, 2 Yr. CAGR %	90.36	54.37	-29.77	-29.17	-9.41
Accounts Receivable, 2 Yr. CAGR %	20.56	17.31	-3.67	-2.41	3.89
Inventory, 2 Yr. CAGR %	29.46	18.25	-8.82	-1.34	8.72
Net Property, Plant and Equip., 2 Yr. CAGR %	0.3	4.77	8.48	15.8	27.98
Total Assets, 2 Yr. CAGR %	20.79	22.08	9.53	4.89	3.99
Tangible Book Value, 2 Yr. CAGR %	25.94	28.7	14.95	6.34	3.19
Common Equity, 2 Yr. CAGR %	25.4	28.15	14.57	6.18	3.09
Cash From Operations, 2 Yr. CAGR %	46.52	41.52	6.8	-30.2	-9.49
Capital Expenditures, 2 Yr. CAGR %	5.42	29.57	13.82	101.87	116.89
Levered Free Cash Flow, 2 Yr. CAGR %	31.24	31.21	70.22	-92.26	-29.25
Unlevered Free Cash Flow, 2 Yr. CAGR %	30.09	31.04	68.94	-88.06	-30.34
Dividend Per Share, 2 Yr. CAGR %	28.26	15.03	15.04	12.1	4.28
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	17.9	18.23	13.58	-1.65	-1.27
Gross Profit, 3 Yr. CAGR %	31.29	22.58	11.25	-12.44	-6.76
EBITDA, 3 Yr. CAGR %	55.17	36.68	11.77	-25.82	-16.56
EBITA, 3 Yr. CAGR %	59.72	40	12.58	-28.46	-19.31
EBIT, 3 Yr. CAGR %	59.67	40.31	12.68	-28.58	-19.4
Earnings From Cont. Operations, 3 Yr. CAGR %	54.31	42.24	14.79	-26.47	-19.7
Net Income, 3 Yr. CAGR %	54.31	42.24	14.79	-26.47	-19.7
Normalized Net Income, 3 Yr. CAGR %	59.5	41.65	17.62	-25.17	-17.39
Diluted EPS Before Extra, 3 Yr. CAGR %	53.6	41.69	14.4	-26.7	-19.81
Accounts Receivable, 3 Yr. CAGR %	16.93	12.16	9.57	-2.58	1.04
Inventory, 3 Yr. CAGR %	20.57	15.08	8.54	-3.99	2.62
Net Property, Plant and Equip., 3 Yr. CAGR %	6.35	1.93	7.06	12.18	22.34
Total Assets, 3 Yr. CAGR %	17.45	17.56	17.09	7.01	5.22
Tangible Book Value, 3 Yr. CAGR %	19.07	23.87	22.24	10.66	6.06
Common Equity, 3 Yr. CAGR %	18.73	23.32	21.81	10.37	5.91
Cash From Operations, 3 Yr. CAGR %	40.47	55.67	9.14	-6.27	-17.93
Capital Expenditures, 3 Yr. CAGR %	22.28	-5.26	41.66	46.08	99.71
Levered Free Cash Flow, 3 Yr. CAGR %	14.45	90.78	7.36	-71.04	-29.02
Unlevered Free Cash Flow, 3 Yr. CAGR %	14.88	88.69	7.28	-61.53	-29.74
Dividend Per Share, 3 Yr. CAGR %	12.52	21.86	16.76	11.4	9.37
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	14.15	13.7	9.28	8.21	9.46
Gross Profit, 5 Yr. CAGR %	20.45	16.2	8.95	7.18	7.53
EBITDA, 5 Yr. CAGR %	31.22	23.98	13.01	6.38	4.8
EBITA, 5 Yr. CAGR %	33.3	25.69	13.59	5.96	4.09
EBIT, 5 Yr. CAGR %	33.23	25.6	13.49	6.02	4.12
Earnings From Cont. Operations, 5 Yr. CAGR %	32.97	23.22	12.78	7.77	4.42
Net Income, 5 Yr. CAGR %	32.97	23.22	12.78	7.77	4.42
Normalized Net Income, 5 Yr. CAGR %	33.19	26.14	16.2	9.17	6.17
Diluted EPS Before Extra, 5 Yr. CAGR %	32.55	22.83	12.32	7.37	4.21
Accounts Receivable, 5 Yr. CAGR %	11.89	9.67	8.21	6.09	7.26
Inventory, 5 Yr. CAGR %	15.89	10.99	7.82	8.21	8.61
Net Property, Plant and Equip., 5 Yr. CAGR %	9.32	5.04	7.2	7.26	14.98
Total Assets, 5 Yr. CAGR %	12.95	13.7	14.22	12.32	11.67
Tangible Book Value, 5 Yr. CAGR %	17.15	16.61	17.4	16.53	14.59
Common Equity, 5 Yr. CAGR %	17.48	16.85	17.05	16.15	14.3
Cash From Operations, 5 Yr. CAGR %	17.43	33.85	25.89	12.07	1.27
Capital Expenditures, 5 Yr. CAGR %	-6.5	-21.15	18.82	28.21	67.98
Levered Free Cash Flow, 5 Yr. CAGR %	37.65	36.79	34.15	-47	-9.14
Unlevered Free Cash Flow, 5 Yr. CAGR %	37.19	37.22	34.04	-37.37	-9.74
Dividend Per Share, 5 Yr. CAGR %	10.68	11.06	13.52	17.86	11.6