Cash flow Lindsell Train Investment Trust Plc

Equities

LTI

GB00BNKDVV71

Investment Trusts

Market Closed - London S.E. Other stock markets 11:35:05 2026-01-19 EST			5-day change	1st Jan Change
6.160 ^GBX	-6.67%		-99.04%	-99.05%

12-04	Lindsell Train Investment Trust Plc Reports Earnings Results for the Half Year Ended September 30, 2025	CI
12-03	Finsbury Growth & Income defends approach after "disappointing" 2025	AN

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Published financial data: LINDSELL TRAIN INVESTMENT TRUST PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Gain (Loss) on Sale of Investment, Total (Rev)	45.22M	-17.09M	-12.98M	-6.01M	-13.12M
Interest And Invest. Income (Rev)	13.78M	14.78M	14.14M	12M	10.17M
Total Revenues	59M	-2.3M	1.16M	5.99M	-2.95M
Gross Profit	59M	-2.3M	1.16M	5.99M	-2.95M
Selling General & Admin Expenses, Total	4.34M	1.98M	1.83M	1.69M	1.51M
Other Operating Expenses, Total	4.34M	1.98M	1.83M	1.69M	1.51M
Operating Income	54.66M	-4.28M	-672K	4.3M	-4.47M
Interest Expense, Total	-	-	-	-	-
Net Interest Expenses	-	-	-	-	-
Currency Exchange Gains (Loss)	27K	6K	-3K	-4K	-5K
EBT, Excl. Unusual Items	54.69M	-4.28M	-675K	4.3M	-4.47M
EBT, Incl. Unusual Items	54.69M	-4.28M	-675K	4.3M	-4.47M
Income Tax Expense	101K	78K	96K	100K	88K
Earnings From Continuing Operations	54.59M	-4.36M	-771K	4.2M	-4.56M
Net Income to Company	54.59M	-4.36M	-771K	4.2M	-4.56M
Net Income - (IS)	54.59M	-4.36M	-771K	4.2M	-4.56M
Net Income to Common Incl Extra Items	54.59M	-4.36M	-771K	4.2M	-4.56M
Net Income to Common Excl. Extra Items	54.59M	-4.36M	-771K	4.2M	-4.56M
Per Share Items
Net EPS - Basic	2.73	-0.22	-0.04	0.21	-0.23
Basic EPS - Continuing Operations	2.73	-0.22	-0.04	0.21	-0.23
Basic Weighted Average Shares Outstanding	20M	20M	20M	20M	20M
Net EPS - Diluted	2.73	-0.22	-0.04	0.21	-0.23
Diluted EPS - Continuing Operations	2.73	-0.22	-0.04	0.21	-0.23
Diluted Weighted Average Shares Outstanding	20M	20M	20M	20M	20M
Normalized Basic EPS	1.71	-0.13	-0.02	0.13	-0.14
Normalized Diluted EPS	1.71	-0.13	-0.02	0.13	-0.14
Dividend Per Share	0.47	0.51	0.52	0.52	0.42
Payout Ratio	15.16	-216.17	-1.33K	245.53	-225.93
Supplemental Items
EBITA	54.66M	-4.28M	-672K	4.3M	-4.47M
EBIT	54.66M	-4.28M	-672K	4.3M	-4.47M
Effective Tax Rate - (Ratio)	0.18	-1.82	-14.22	2.33	-1.97
Current Foreign Taxes	101K	78K	96K	100K	88K
Total Current Taxes	101K	78K	96K	100K	88K
Normalized Net Income	34.18M	-2.67M	-422K	2.68M	-2.79M
Supplemental Operating Expense Items
General and Administrative Expenses	3.84M	1.31M	1.14M	976K	819K

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	5.54M	6.71M	8.01M	6.03M	4.58M
Total Cash And Short Term Investments	5.54M	6.71M	8.01M	6.03M	4.58M
Other Receivables	14K	-	35K	32K	8K
Total Receivables	14K	-	35K	32K	8K
Prepaid Expenses	547K	513K	456K	446K	409K
Total Current Assets	6.1M	7.22M	8.5M	6.51M	5M
Long-term Investments	234M	216M	203M	199M	186M
Total Assets	240M	223M	212M	206M	191M
Liabilities
Accrued Expenses, Total	2.88M	228K	239K	303K	209K
Total Current Liabilities	2.88M	228K	239K	303K	209K
Total Liabilities	2.88M	228K	239K	303K	209K
Common Stock, Total	150K	150K	150K	150K	150K
Retained Earnings	209M	212M	184M	177M	158M
Comprehensive Income and Other	27.83M	10.74M	27.31M	28.18M	32.01M
Total Common Equity	237M	223M	211M	205M	190M
Total Equity	237M	223M	211M	205M	190M
Total Liabilities And Equity	240M	223M	212M	206M	191M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20M	20M	20M	20M	20M
ECS Total Common Shares Outstanding	20M	20M	20M	20M	20M
Book Value / Share	11.86	11.14	10.57	10.26	9.52
Tangible Book Value	237M	223M	211M	205M	190M
Tangible Book Value Per Share	11.86	11.14	10.57	10.26	9.52
Total Debt	0	0	0	0	0
Net Debt	-5.54M	-6.71M	-8.01M	-6.03M	-4.58M
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	54.59M	-4.36M	-771K	4.2M	-4.56M
(Gain) Loss on Sale of Investments - (CF)	-45.22M	17.09M	12.98M	6.01M	13.12M
Other Operating Activities, Total	-3.02M	1.02M	3K	4K	5K
Change In Accounts Receivable	12K	-23K	-34K	32K	19K
Change In Accounts Payable	2.73M	-2.65M	11K	64K	-93K
Change in Other Net Operating Assets	-163K	80K	56K	-15K	41K
Cash from Operations	8.92M	11.16M	12.24M	10.29M	8.53M
Investment in Marketable and Equity Securities, Total	-	-	-338K	-1.97M	325K
Cash from Investing	-	-	-338K	-1.97M	325K
Common Dividends Paid	-8.28M	-9.41M	-10.22M	-10.3M	-10.3M
Common & Preferred Stock Dividends Paid	-8.28M	-9.41M	-10.22M	-10.3M	-10.3M
Special Dividend Paid	-522K	-586K	-376K	-	-
Cash from Financing	-8.8M	-10M	-10.6M	-10.3M	-10.3M
Foreign Exchange Rate Adjustments	27K	6K	-3K	-4K	-5K
Net Change in Cash	151K	1.17M	1.3M	-1.98M	-1.45M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	96K	87K	96K	100K	88K
Levered Free Cash Flow	36.74M	-5.28M	-387K	2.76M	-2.82M
Unlevered Free Cash Flow	36.74M	-5.28M	-387K	2.76M	-2.82M
Change In Net Working Capital	-2.58M	2.6M	-33K	-77K	33K

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	15.84	-1.16	-0.19	1.29	-1.41
Return on Total Capital	15.95	-1.16	-0.19	1.29	-1.41
Return On Equity %	25.48	-1.89	-0.36	2.01	-2.3
Return on Common Equity	25.48	-1.89	-0.36	2.01	-2.3
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	7.36	-85.81	158.08	28.24	-51.29
EBITA Margin %	92.64	185.81	-58.08	71.76	151.29
EBIT Margin %	92.64	185.81	-58.08	71.76	151.29
Income From Continuing Operations Margin %	92.52	188.94	-66.64	70.02	154.44
Net Income Margin %	92.52	188.94	-66.64	70.02	154.44
Net Avail. For Common Margin %	92.52	188.94	-66.64	70.02	154.44
Normalized Net Income Margin	57.93	115.97	-36.46	44.81	94.66
Levered Free Cash Flow Margin	62.27	229.06	-33.45	46.13	95.67
Unlevered Free Cash Flow Margin	62.27	229.06	-33.45	46.13	95.67
Asset Turnover
Asset Turnover	0.27	-0.01	0.01	0.03	-0.01
Short Term Liquidity
Current Ratio	2.12	31.67	35.57	21.47	23.92
Quick Ratio	1.93	29.42	33.66	20	21.96
Operating Cash Flow to Current Liabilities	3.1	48.95	51.23	33.97	40.83
Long Term Solvency
Total Liabilities / Total Assets	1.2	0.1	0.11	0.15	0.11
EBIT / Interest Expense	-	-	-	-	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	197.2	-103.91	-150.2	417.8	-149.27
Gross Profit, 1 Yr. Growth %	197.2	-103.91	-150.2	417.8	-149.27
EBITA, 1 Yr. Growth %	201.56	-107.84	-84.31	-739.73	-203.88
EBIT, 1 Yr. Growth %	201.56	-107.84	-84.31	-739.73	-203.88
Earnings From Cont. Operations, 1 Yr. Growth %	202.5	-107.98	-82.3	-644.1	-208.68
Net Income, 1 Yr. Growth %	202.5	-107.98	-82.3	-644.1	-208.68
Normalized Net Income, 1 Yr. Growth %	201.8	-107.82	-84.22	-736.3	-204.1
Diluted EPS Before Extra, 1 Yr. Growth %	202.5	-107.98	-82.3	-644.1	-208.68
Total Assets, 1 Yr. Growth %	25.33	-7.09	-5.09	-2.85	-7.27
Tangible Book Value, 1 Yr. Growth %	23.93	-6.05	-5.1	-2.89	-7.24
Common Equity, 1 Yr. Growth %	23.93	-6.05	-5.1	-2.89	-7.24
Cash From Operations, 1 Yr. Growth %	18.76	25.07	20.92	-15.92	-17.1
Levered Free Cash Flow, 1 Yr. Growth %	318.63	-114.37	-92.67	-814.18	-202.18
Unlevered Free Cash Flow, 1 Yr. Growth %	318.63	-114.37	-92.67	-814.18	-202.18
Dividend Per Share, 1 Yr. Growth %	13.72	8.6	0.74	0	-18.45
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	24.45	-65.93	-86	61.22	59.73
Gross Profit, 2 Yr. CAGR %	24.45	-65.93	-86	61.22	59.73
EBITA, 2 Yr. CAGR %	26.42	-51.39	-88.91	0.19	157.8
EBIT, 2 Yr. CAGR %	26.42	-51.39	-88.91	0.19	157.8
Earnings From Cont. Operations, 2 Yr. CAGR %	26.47	-50.87	-88.12	-1.85	143.17
Net Income, 2 Yr. CAGR %	26.47	-50.87	-88.12	-1.85	143.17
Normalized Net Income, 2 Yr. CAGR %	26.49	-51.42	-88.89	0.21	157.37
Diluted EPS Before Extra, 2 Yr. CAGR %	26.47	-50.87	-88.12	-1.85	143.17
Total Assets, 2 Yr. CAGR %	14.91	7.91	-6.1	-3.98	-5.09
Tangible Book Value, 2 Yr. CAGR %	15.03	7.9	-5.58	-4	-5.09
Common Equity, 2 Yr. CAGR %	15.03	7.9	-5.58	-4	-5.09
Cash From Operations, 2 Yr. CAGR %	33.56	21.88	17.13	0.83	-16.51
Levered Free Cash Flow, 2 Yr. CAGR %	32.37	-22.44	-89.74	-27.65	170.14
Unlevered Free Cash Flow, 2 Yr. CAGR %	32.37	-22.44	-89.74	-27.65	170.14
Dividend Per Share, 2 Yr. CAGR %	29.96	11.13	4.6	0.37	-9.69
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	14.82	-60.74	-61.23	-53.35	8.6
Gross Profit, 3 Yr. CAGR %	14.82	-60.74	-61.23	-53.35	8.6
EBITA, 3 Yr. CAGR %	16.07	-49.97	-66.66	-57.16	1.4
EBIT, 3 Yr. CAGR %	16.07	-49.97	-66.66	-57.16	1.4
Earnings From Cont. Operations, 3 Yr. CAGR %	16.04	-49.66	-65.04	-57.48	1.54
Net Income, 3 Yr. CAGR %	16.04	-49.66	-65.04	-57.48	1.54
Normalized Net Income, 3 Yr. CAGR %	16.08	-49.98	-66.6	-57.18	1.49
Diluted EPS Before Extra, 3 Yr. CAGR %	16.04	-49.66	-65.04	-57.48	1.54
Total Assets, 3 Yr. CAGR %	16.35	7.05	3.39	-5.03	-5.09
Tangible Book Value, 3 Yr. CAGR %	16.64	7.53	3.38	-4.69	-5.09
Common Equity, 3 Yr. CAGR %	16.64	7.53	3.38	-4.69	-5.09
Cash From Operations, 3 Yr. CAGR %	24.39	30.66	17.67	4.88	-5.54
Levered Free Cash Flow, 3 Yr. CAGR %	18.93	-36.85	-64.67	-57.79	-18.82
Unlevered Free Cash Flow, 3 Yr. CAGR %	18.93	-36.85	-64.67	-57.79	-18.82
Dividend Per Share, 3 Yr. CAGR %	30.27	22.41	7.56	3.04	-6.34
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	40.24	-41.81	-50.51	-30.92	-31.69
Gross Profit, 5 Yr. CAGR %	40.24	-41.81	-50.51	-30.92	-31.69
EBITA, 5 Yr. CAGR %	41.88	-32.6	-54.63	-33.95	-24.43
EBIT, 5 Yr. CAGR %	41.88	-32.6	-54.63	-33.95	-24.43
Earnings From Cont. Operations, 5 Yr. CAGR %	41.92	-32.38	-53.36	-34.25	-24.05
Net Income, 5 Yr. CAGR %	41.92	-32.38	-53.36	-34.25	-24.05
Normalized Net Income, 5 Yr. CAGR %	41.88	-32.64	-54.59	-33.95	-24.41
Diluted EPS Before Extra, 5 Yr. CAGR %	41.92	-32.38	-53.36	-34.25	-24.05
Total Assets, 5 Yr. CAGR %	21.88	13.08	6.79	2.49	-0.09
Tangible Book Value, 5 Yr. CAGR %	21.75	13.62	7.19	2.76	-0.09
Common Equity, 5 Yr. CAGR %	21.75	13.62	7.19	2.76	-0.09
Cash From Operations, 5 Yr. CAGR %	57.84	34.27	21.43	15.52	2.58
Levered Free Cash Flow, 5 Yr. CAGR %	49.09	-24.48	-55.36	-33.32	-20.29
Unlevered Free Cash Flow, 5 Yr. CAGR %	49.09	-24.48	-55.36	-33.32	-20.29
Dividend Per Share, 5 Yr. CAGR %	42.18	27.04	19.32	13.07	0.29