Income Statement JTC

Stocks

JTC

JE00BF4X3P53

Investment Management & Fund Operators

Market Closed - London S.E. 02:30:00 2026-08-20 EDT			5-day change	1st Jan Change
1,339.00 ^GBX	-.--%		+0.07%	+4.28%

08-20	JTC PLC(LSE:JTC) dropped from FTSE 350 Index	CI
08-20	JTC PLC(LSE:JTC) dropped from FTSE 350 (Ex Investment Companies) Index	CI

0.ACvKGWOQoOXx44Vf8p42yk-mxb4aKV0lHI76kZY3fwA.MG6GKyvVlLWJkeo8ltJphDbStfZoWzcdWdyYwsB1RkdhY_hLAMbq0qbV7g

Published financial data: JTC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Revenues	148M	200M	257M	305M	382M
Total Revenues	148M	200M	257M	305M	382M
Cost of Goods Sold, Total	89.54M	106M	132M	162M	210M
Gross Profit	57.96M	94.2M	126M	143M	172M
Selling General & Admin Expenses, Total	1.49M	1.95M	2.24M	3.51M	-
Provision for Bad Debts	1.69M	3.09M	2.93M	2.66M	4.27M
Depreciation & Amortization - (IS)	17.59M	22.26M	25.14M	30.12M	39.17M
Other Operating Expenses	22.15M	32.18M	38.74M	47.06M	60M
Other Operating Expenses, Total	42.92M	59.48M	69.05M	83.35M	103M
Operating Income	15.04M	34.72M	56.46M	59.92M	68.94M
Interest Expense, Total	-3.27M	-6.17M	-11.93M	-17.46M	-22.83M
Interest And Investment Income	112K	244K	794K	1.36M	2.14M
Net Interest Expenses	-3.16M	-5.93M	-11.13M	-16.1M	-20.7M
Income (Loss) On Equity Invest.	364K	478K	-15K	430K	204K
Currency Exchange Gains (Loss)	-861K	14.41M	-9.63M	-1.09M	-434K
Other Non Operating Income (Expenses)	-2.76M	-6.14M	-7.29M	-7.92M	-8.35M
EBT, Excl. Unusual Items	8.62M	37.54M	28.4M	35.24M	39.67M
Merger & Related Restructuring Charges	-6.41M	-500K	-3.8M	-6.9M	-13.3M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	2K	-130K	5K	60K	-
Asset Writedown	-	-	-737K	-	-
Other Unusual Items	25.57M	-978K	446K	-35.8M	-18.02M
EBT, Incl. Unusual Items	27.78M	35.94M	24.31M	-7.4M	8.35M
Income Tax Expense	1.14M	1.22M	2.49M	-146K	7.42M
Earnings From Continuing Operations	26.65M	34.71M	21.82M	-7.26M	933K
Net Income to Company	26.65M	34.71M	21.82M	-7.26M	933K
Net Income - (IS)	26.65M	34.71M	21.82M	-7.26M	933K
Net Income to Common Incl Extra Items	26.65M	34.71M	21.82M	-7.26M	933K
Net Income to Common Excl. Extra Items	26.65M	34.71M	21.82M	-7.26M	933K
Per Share Items
Net EPS - Basic	0.2	0.24	0.14	-0.04	0.01
Basic EPS - Continuing Operations	0.2	0.24	0.14	-0.04	0.01
Basic Weighted Average Shares Outstanding	130M	145M	154M	163M	168M
Net EPS - Diluted	0.2	0.24	0.14	-0.04	0.01
Diluted EPS - Continuing Operations	0.2	0.24	0.14	-0.04	0.01
Diluted Weighted Average Shares Outstanding	132M	147M	155M	163M	170M
Normalized Basic EPS	0.04	0.16	0.12	0.13	0.15
Normalized Diluted EPS	0.04	0.16	0.11	0.13	0.15
Dividend Per Share	0.08	0.1	0.11	0.13	0.05
Payout Ratio	34.12	34.12	73.44	-268.69	2.39K
Supplemental Items
EBITDA	25.01M	48.01M	71.98M	78.77M	94.59M
EBITA	23.35M	46.47M	69.96M	76.19M	91.05M
EBIT	15.04M	34.72M	56.46M	59.92M	68.94M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	4.09	3.4	10.24	1.97	88.83
Current Domestic Taxes	1.36M	1.2M	-	-	-
Current Foreign Taxes	1.25M	1.61M	-	-	-
Total Current Taxes	2.61M	2.81M	4.08M	3.54M	4.73M
Total Deferred Taxes	-1.48M	-1.59M	-1.6M	-3.69M	2.69M
Normalized Net Income	5.39M	23.46M	17.75M	22.03M	24.79M
Interest on Long-Term Debt	3.27M	7.46M	12.84M	18.77M	23.8M
Non-Cash Pension Expense	-62K	27K	-84K	43K	9K
Supplemental Operating Expense Items
Marketing Expenses	1.49M	1.95M	2.24M	3.51M	-
Selling and Marketing Expenses	1.49M	1.95M	2.24M	3.51M	-
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., COGS (Total)	16.08M	6.9M	2.83M	2.48M	19.59M
Total Stock-Based Compensation	16.08M	6.9M	2.83M	2.48M	19.59M

Fiscal Period: December	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Assets
Cash And Equivalents	39.33M	48.86M	97.22M	89.23M	150M
Total Cash And Short Term Investments	39.33M	48.86M	97.22M	89.23M	150M
Accounts Receivable, Total	61.54M	69.73M	70.26M	88.67M	114M
Other Receivables	2.32M	3.58M	3.69M	3.52M	6.86M
Notes Receivable	206K	1.02M	1.5M	1.56M	1.7M
Total Receivables	64.06M	74.33M	75.45M	93.75M	122M
Prepaid Expenses	3.47M	4.66M	5.24M	7.13M	8.18M
Other Current Assets, Total	-	549K	656K	782K	1.04M
Total Current Assets	107M	128M	179M	191M	281M
Gross Property Plant And Equipment	69.66M	78.52M	87.07M	102M	130M
Accumulated Depreciation	-21.32M	-28.96M	-37.41M	-44.04M	-54.34M
Net Property Plant And Equipment	48.34M	49.57M	49.66M	57.68M	75.62M
Long-term Investments	2.64M	3.16M	3.36M	4.13M	3.78M
Goodwill	342M	364M	523M	592M	580M
Other Intangibles, Total	121M	128M	147M	171M	190M
Accounts Receivable Long-Term	516K	-	-	-	-
Loans Receivable Long-Term	988K	535K	-	-	-
Deferred Tax Assets Long-Term	119K	143K	266K	1.01M	5.77M
Deferred Charges Long-Term	-	2.01M	2.37M	2.43M	2.3M
Other Long-Term Assets, Total	42K	361K	614K	431K	600K
Total Assets	622M	676M	905M	1.02B	1.14B
Liabilities
Accounts Payable, Total	2.09M	2.73M	1.26M	2.92M	3.59M
Accrued Expenses, Total	7.7M	10.83M	14.4M	19.69M	31.18M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	5.46M	4.29M	6.12M	6.68M	9.42M
Current Income Taxes Payable	2.98M	4.09M	5.35M	3.27M	5.45M
Unearned Revenue Current, Total	8.58M	8.63M	20.51M	30.15M	30.99M
Other Current Liabilities	9.95M	10.13M	31.61M	71.12M	43.05M
Total Current Liabilities	36.76M	40.7M	79.24M	134M	124M
Long-Term Debt	153M	154M	221M	272M	426M
Long-Term Leases	37.92M	40.6M	37.92M	44.65M	57.26M
Unearned Revenue Non Current	179K	216K	492K	314K	185K
Pension & Other Post Retirement Benefits	777K	572K	815K	895K	798K
Deferred Tax Liability Non Current	24.36M	11.18M	9.47M	6.51M	17.21M
Other Non Current Liabilities	24.62M	28.78M	52.74M	27.9M	3.8M
Total Liabilities	277M	276M	401M	486M	629M
Common Stock, Total	1.48M	1.49M	1.66M	1.69M	1.72M
Additional Paid In Capital	286M	290M	392M	407M	420M
Retained Earnings	48.46M	71.65M	77.14M	50.31M	29.12M
Treasury Stock	-3.37M	-3.7M	-3.91M	-5.76M	-6.2M
Comprehensive Income and Other	12.2M	40.34M	36.78M	81.05M	66.64M
Total Common Equity	345M	400M	504M	534M	511M
Total Equity	345M	400M	504M	534M	511M
Total Liabilities And Equity	622M	676M	905M	1.02B	1.14B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	144M	146M	162M	166M	170M
ECS Total Common Shares Outstanding	144M	146M	162M	166M	170M
Book Value / Share	2.39	2.74	3.12	3.22	3.01
Tangible Book Value	-118M	-91.51M	-166M	-229M	-259M
Tangible Book Value Per Share	-0.81	-0.63	-1.03	-1.38	-1.53
Total Debt	196M	199M	265M	323M	492M
Net Debt	157M	150M	167M	234M	342M
Debt Equivalent of Unfunded Proj. Benefit Obligation	777K	572K	815K	895K	798K
Debt Equivalent Oper. Leases	-	-	-	-	-
Equity Method Investments, Total	1.85M	2.32M	2.31M	2.74M	2.79M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	6.9M	7.86M	8.69M	9.91M	12.34M
Full Time Employees	1.1K	1.29K	1.6K	1.92K	2.35K
Part Time Employees	126	146	64	9	72
Accumulated Allowance for Doubtful Accounts (Supple)	4.83M	5.64M	6.41M	6.8M	11.07M

Fiscal Period: December	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Net Income	26.65M	34.71M	21.82M	-7.26M	933K
Depreciation & Amortization - CF	7.16M	7.88M	8.26M	10.04M	12.39M
Amortization of Goodwill and Intangible Assets - (CF)	8.31M	11.74M	13.49M	16.27M	22.11M
Depreciation & Amortization, Total	15.47M	19.63M	21.75M	26.32M	34.5M
Amortization of Deferred Charges, Total - (CF)	2.12M	2.63M	3.39M	3.8M	4.67M
(Income) Loss On Equity Investments - (CF)	-364K	-478K	15K	-430K	-204K
Stock-Based Compensation (CF)	15.49M	6.82M	2.72M	36.99M	19.59M
Other Operating Activities, Total	-19.49M	-2.96M	27.4M	21.18M	34.22M
Change In Accounts Receivable	-9.97M	-10.25M	164K	-15.31M	-13.49M
Change In Accounts Payable	-1.04M	3.2M	4.04M	13.4M	-4.13M
Cash from Operations	28.86M	53.31M	81.29M	78.69M	76.08M
Capital Expenditure	-1.38M	-2.98M	-2.35M	-3.69M	-6.61M
Cash Acquisitions	-186M	-15.11M	-115M	-80.11M	-98.87M
Divestitures	-	-	-	92K	-
Sale (Purchase) of Intangible assets	-2.62M	-5.49M	-3.81M	-5.88M	-6.34M
Investment in Marketable and Equity Securities, Total	-	-	-250K	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-160K	-	-
Other Investing Activities, Total	87K	-1.96M	51K	486K	813K
Cash from Investing	-190M	-25.54M	-121M	-89.11M	-111M
Long-Term Debt Issued, Total	179M	-	118M	49.19M	184M
Total Debt Issued	179M	-	118M	49.19M	184M
Long-Term Debt Repaid, Total	-133M	-4.91M	-56.07M	-6.75M	-35.43M
Total Debt Repaid	-133M	-4.91M	-56.07M	-6.75M	-35.43M
Issuance of Common Stock	145M	-	62M	-	-
Repurchase of Common Stock	-269K	-320K	-200K	-1.83M	-428K
Common Dividends Paid	-9.09M	-11.84M	-16.02M	-19.5M	-22.27M
Common & Preferred Stock Dividends Paid	-9.09M	-11.84M	-16.02M	-19.5M	-22.27M
Other Financing Activities, Total	-11.81M	-7.68M	-16.54M	-17.5M	-25.43M
Cash from Financing	169M	-24.75M	91.16M	3.61M	101M
Foreign Exchange Rate Adjustments	249K	6.51M	-2.86M	-1.18M	-5.14M
Net Change in Cash	8.25M	9.54M	48.36M	-7.99M	60.62M
Supplemental Items
Cash Interest Paid	3.75M	7.51M	12.79M	16.68M	23.92M
Cash Income Tax Paid (Refund)	1.84M	2.05M	3.43M	5.02M	3.92M
Levered Free Cash Flow	31.45M	31.64M	84.57M	83.27M	32.02M
Unlevered Free Cash Flow	33.5M	35.5M	92.02M	94.18M	46.29M
Change In Net Working Capital	5.57M	6.9M	-34.91M	-33.7M	42.6M
Net Debt Issued / Repaid	45.85M	-4.91M	61.93M	42.43M	149M

Fiscal Period: December	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Profitability
Return on Assets	1.91	3.34	4.46	3.89	3.99
Return on Total Capital	2.21	3.81	5.16	4.61	4.63
Return On Equity %	10.59	9.32	4.83	-1.4	0.18
Return on Common Equity	10.59	9.32	4.83	-1.4	0.18
Margin Analysis
Gross Profit Margin %	39.3	47.09	48.76	46.91	45.13
SG&A Margin	1.01	0.97	0.87	1.15	-
EBITDA Margin %	16.96	24	27.96	25.79	24.76
EBITA Margin %	15.83	23.23	27.17	24.95	23.84
EBIT Margin %	10.2	17.36	21.93	19.62	18.05
Income From Continuing Operations Margin %	18.07	17.35	8.48	-2.38	0.24
Net Income Margin %	18.07	17.35	8.48	-2.38	0.24
Net Avail. For Common Margin %	18.07	17.35	8.48	-2.38	0.24
Normalized Net Income Margin	3.65	11.73	6.89	7.21	6.49
Levered Free Cash Flow Margin	21.32	15.82	32.85	27.27	8.38
Unlevered Free Cash Flow Margin	22.71	17.74	35.74	30.84	12.12
Asset Turnover
Asset Turnover	0.3	0.31	0.33	0.32	0.35
Fixed Assets Turnover	3.02	4.09	5.19	5.69	5.73
Receivables Turnover (Average Receivables)	2.83	3.05	3.68	3.84	3.78
Short Term Liquidity
Current Ratio	2.91	3.15	2.25	1.43	2.27
Quick Ratio	2.81	3	2.16	1.36	2.19
Operating Cash Flow to Current Liabilities	0.79	1.31	1.03	0.59	0.62
Days Sales Outstanding (Average Receivables)	128.83	119.53	99.24	95.24	96.65
Average Days Payable Outstanding	8.28	8.31	5.51	4.71	5.67
Long Term Solvency
Total Debt/Equity	56.86	49.6	52.51	60.47	96.37
Total Debt / Total Capital	36.25	33.16	34.43	37.68	49.07
LT Debt/Equity	55.28	48.53	51.29	59.22	94.52
Long-Term Debt / Total Capital	35.24	32.44	33.63	36.9	48.14
Total Liabilities / Total Assets	44.58	40.79	44.33	47.63	55.16
EBIT / Interest Expense	4.59	5.62	4.73	3.43	3.02
EBITDA / Interest Expense	9.32	8.8	6.56	4.94	4.53
(EBITDA - Capex) / Interest Expense	8.9	8.32	6.36	4.73	4.24
Total Debt / EBITDA	6.42	3.65	3.38	3.74	4.76
Net Debt / EBITDA	5.13	2.75	2.14	2.71	3.31
Total Debt / (EBITDA - Capex)	6.73	3.86	3.49	3.91	5.08
Net Debt / (EBITDA - Capex)	5.38	2.91	2.21	2.83	3.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	28.16	35.62	28.7	18.62	25.07
Gross Profit, 1 Yr. Growth %	0.41	62.53	26.81	14.14	20.32
EBITDA, 1 Yr. Growth %	-11.63	101.72	40.07	13.98	31.61
EBITA, 1 Yr. Growth %	-13.05	109.87	40.33	14.23	31.41
EBIT, 1 Yr. Growth %	-27.25	151.12	48.18	12.7	30.04
Earnings From Cont. Operations, 1 Yr. Growth %	153	30.27	-37.14	-133.25	-112.86
Net Income, 1 Yr. Growth %	153	30.27	-37.14	-133.25	-112.86
Normalized Net Income, 1 Yr. Growth %	-50.69	406.31	-30.61	40.43	39.95
Diluted EPS Before Extra, 1 Yr. Growth %	125.56	16.77	-40.38	-131.58	-112.38
Accounts Receivable, 1 Yr. Growth %	44.5	13.76	0.77	26.21	28.11
Net Property, Plant and Equip., 1 Yr. Growth %	-1.85	2.54	0.19	16.16	31.1
Total Assets, 1 Yr. Growth %	71.83	8.7	33.91	12.65	11.75
Tangible Book Value, 1 Yr. Growth %	67.38	-22.25	81.83	37.67	13.17
Common Equity, 1 Yr. Growth %	117.56	16.13	25.9	5.97	-4.32
Cash From Operations, 1 Yr. Growth %	4.63	84.72	52.48	-3.2	-3.31
Capital Expenditures, 1 Yr. Growth %	-9.22	116.18	-21.25	57.33	79.11
Levered Free Cash Flow, 1 Yr. Growth %	294.01	-0.24	150.57	0.92	-71.78
Unlevered Free Cash Flow, 1 Yr. Growth %	241.51	5.14	144.68	4.69	-62.78
Dividend Per Share, 1 Yr. Growth %	13.63	30.12	11.92	12.26	-60.13
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	21.89	31.84	32.11	23.56	21.8
Gross Profit, 2 Yr. CAGR %	5.41	27.75	47.16	20.31	17.19
EBITDA, 2 Yr. CAGR %	-6.51	30.24	73.91	23.81	16.99
EBITA, 2 Yr. CAGR %	-7.75	31.54	77.75	23.63	16.84
EBIT, 2 Yr. CAGR %	-18.08	29.61	102.07	25.4	13.87
Earnings From Cont. Operations, 2 Yr. CAGR %	24.54	81.54	-9.51	-54.28	-79.32
Net Income, 2 Yr. CAGR %	24.54	81.54	-9.51	-54.28	-79.32
Normalized Net Income, 2 Yr. CAGR %	-29.79	46.51	95.69	-7.2	25.72
Diluted EPS Before Extra, 2 Yr. CAGR %	14.74	62.29	-16.56	-56.61	-80.23
Accounts Receivable, 2 Yr. CAGR %	25.6	27.96	7.07	12.77	27.15
Net Property, Plant and Equip., 2 Yr. CAGR %	12.99	0.32	1.36	7.88	23.4
Total Assets, 2 Yr. CAGR %	47.14	36.67	20.65	22.82	12.2
Tangible Book Value, 2 Yr. CAGR %	62.88	14.08	18.9	58.22	24.82
Common Equity, 2 Yr. CAGR %	63.73	58.95	20.92	15.5	0.69
Cash From Operations, 2 Yr. CAGR %	15.62	39.02	67.83	21.49	-3.26
Capital Expenditures, 2 Yr. CAGR %	-17.18	40.09	30.48	11.31	67.87
Levered Free Cash Flow, 2 Yr. CAGR %	82.2	99.08	63.3	57.07	-37.7
Unlevered Free Cash Flow, 2 Yr. CAGR %	74.51	90.23	65.1	58.24	-28.26
Dividend Per Share, 2 Yr. CAGR %	20.3	21.59	20.68	12.09	-33.1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	24.06	26.31	30.78	27.45	24.06
Gross Profit, 3 Yr. CAGR %	13.39	21.77	29.55	35.21	20.31
EBITDA, 3 Yr. CAGR %	11.78	18.83	36.5	49.03	22.55
EBITA, 3 Yr. CAGR %	11.24	19.2	37.59	50.97	22.24
EBIT, 3 Yr. CAGR %	1.92	15.72	39.79	63.03	21.85
Earnings From Cont. Operations, 3 Yr. CAGR %	90.46	26.42	27.48	-35.18	-70.05
Net Income, 3 Yr. CAGR %	90.46	26.42	27.48	-35.18	-70.05
Normalized Net Income, 3 Yr. CAGR %	-9.75	28.98	17.53	68.13	-1.03
Diluted EPS Before Extra, 3 Yr. CAGR %	73.48	15.42	16.23	-39.65	-71.44
Accounts Receivable, 3 Yr. CAGR %	23.1	21.36	18.16	13.1	17.67
Net Property, Plant and Equip., 3 Yr. CAGR %	96.14	9.39	0.28	6.07	15.12
Total Assets, 3 Yr. CAGR %	40.27	33.01	35.74	17.92	19.01
Tangible Book Value, 3 Yr. CAGR %	46.06	27.3	33.26	24.85	41.5
Common Equity, 3 Yr. CAGR %	46.82	46.02	47.07	15.71	8.48
Cash From Operations, 3 Yr. CAGR %	69.46	35.17	43.37	39.7	12.59
Capital Expenditures, 3 Yr. CAGR %	5.46	14.03	15.62	38.88	30.44
Levered Free Cash Flow, 3 Yr. CAGR %	41.85	49.47	119.63	37.96	-1.74
Unlevered Free Cash Flow, 3 Yr. CAGR %	39.85	47.77	110.91	40.77	7.17
Dividend Per Share, 3 Yr. CAGR %	36.74	23.49	18.28	17.81	-20.58
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	23.62	27.32	27.22	25.2	27.11
Gross Profit, 5 Yr. CAGR %	19.4	27.66	25.85	22.39	24.46
EBITDA, 5 Yr. CAGR %	19.7	37.48	32.08	22.45	27.29
EBITA, 5 Yr. CAGR %	19.96	39.73	32.76	22.66	27.66
EBIT, 5 Yr. CAGR %	12.44	36.32	31.79	21.74	27.24
Earnings From Cont. Operations, 5 Yr. CAGR %	48.43	49.52	41.42	-15.84	-38.42
Net Income, 5 Yr. CAGR %	48.43	49.52	41.42	-15.84	-38.42
Normalized Net Income, 5 Yr. CAGR %	24.2	53.09	19.34	15.03	17.79
Diluted EPS Before Extra, 5 Yr. CAGR %	-44.16	27.58	29.45	-21.96	-42.77
Accounts Receivable, 5 Yr. CAGR %	22.84	23	16.32	17.85	21.68
Net Property, Plant and Equip., 5 Yr. CAGR %	77.52	55.2	50.62	8.78	8.96
Total Assets, 5 Yr. CAGR %	37.07	35.33	32.06	28.84	25.78
Tangible Book Value, 5 Yr. CAGR %	1.5	-0.73	34.52	38.86	29.82
Common Equity, 5 Yr. CAGR %	69.76	165.6	35.85	32.95	26.39
Cash From Operations, 5 Yr. CAGR %	22.96	39.7	68.8	29.52	22.5
Capital Expenditures, 5 Yr. CAGR %	4.46	-6.1	14.83	12.94	34.21
Levered Free Cash Flow, 5 Yr. CAGR %	117.84	172.13	50.31	54.45	32.03
Unlevered Free Cash Flow, 5 Yr. CAGR %	37.83	37.55	49.68	53.64	36.39
Dividend Per Share, 5 Yr. CAGR %	-	-	30.07	18.8	-5.83