Income Statement Palace Capital Plc

Stocks

PCA

GB00BF5SGF06

Commercial REITs

Delayed London S.E. 05:26:56 2026-09-07 EDT			5-day change	1st Jan Change
189.00 ^GBX	+1.07%		+1.89%	-8.70%

06-30	Palace Capital to Kick Off Share Repurchase Program	MT
06-24	Angus Energy agrees restructuring, launches fundraise	AN

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Published financial data: PALACE CAPITAL PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Rental Revenues	17.32M	-	32.97M	19.6M	13.24M
Other Revenues, Total	-	49.06M	-	-	-
Total Revenues	17.32M	49.06M	32.97M	19.6M	13.24M
Property Expenses	737K	30.41M	17.15M	9.78M	7.87M
Selling General & Admin Expenses, Total	4.35M	4.62M	6.09M	4M	2.89M
Depreciation & Amortization - (IS) - (Collected)	-	-	-	-	-
Provision for Bad Debts	949K	-360K	-327K	-	353K
Other Operating Expenses	-	-	-	-	-
Total Operating Expenses	6.03M	34.67M	22.91M	13.77M	11.11M
Operating Income (REIT / Utility Template)	11.28M	14.39M	10.06M	5.82M	2.14M
Interest Expense, Total	-3.57M	-2.72M	-3.75M	-1.87M	-122K
Interest and Investment Income	73K	64K	26K	312K	850K
Net Interest Expenses	-3.5M	-2.66M	-3.72M	-1.56M	728K
Other Non Operating Income (Expenses)	-44K	-143K	-10K	-41K	-4K
EBT, Excl. Unusual Items	7.74M	11.59M	6.32M	4.23M	2.86M
Total Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) on Sale of Investments	709K	-80K	-	-	-
Gain (Loss) on Sale of Assets	905K	4.95M	819K	2.3M	1.5M
Asset Writedown	-14.75M	8.22M	-42.9M	-15.38M	-2.93M
Other Unusual Items	-140K	-63K	-15K	-459K	-35K
EBT, Incl. Unusual Items	-5.53M	24.62M	-35.77M	-9.32M	1.4M
Income Tax Expense	1K	67K	-67K	46K	-25K
Earnings From Continuing Operations	-5.53M	24.55M	-35.7M	-9.36M	1.42M
Net Income to Company	-5.53M	24.55M	-35.7M	-9.36M	1.42M
Net Income - (IS)	-5.53M	24.55M	-35.7M	-9.36M	1.42M
Net Income to Common Incl Extra Items	-5.53M	24.55M	-35.7M	-9.36M	1.42M
Net Income to Common Excl. Extra Items	-5.53M	24.55M	-35.7M	-9.36M	1.42M
Per Share Items
Net EPS - Basic	-0.12	0.53	-0.8	-0.24	0.05
Basic EPS - Continuing Operations	-0.12	0.53	-0.8	-0.24	0.05
Basic Weighted Average Shares Outstanding	46.06M	46.26M	44.53M	39.52M	31.33M
Net EPS - Diluted	-0.12	0.53	-0.8	-0.24	0.04
Diluted EPS - Continuing Operations	-0.12	0.53	-0.8	-0.24	0.04
Diluted Weighted Average Shares Outstanding	46.06M	46.29M	44.53M	39.52M	31.33M
Normalized Basic EPS	0.11	0.16	0.09	0.07	0.06
Normalized Diluted EPS	0.11	0.16	0.09	0.07	0.06
Dividend Per Share	0.1	0.13	0.15	0.15	0.15
Payout Ratio	-62.44	22.11	-18.32	-64.57	327.57
Supplemental Items
EBITDA	11.33M	14.44M	10.09M	5.85M	2.16M
EBITA	11.28M	14.39M	10.06M	5.82M	2.14M
EBIT	11.28M	14.39M	10.06M	5.82M	2.14M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	-0.02	0.27	0.19	-0.49	-1.79
Current Domestic Taxes	-	152K	-	-	-
Total Current Taxes	-	152K	-	-	-
Deferred Domestic Taxes	-	-85K	-67K	-19K	-25K
Total Deferred Taxes	-	-85K	-67K	-19K	-25K
Normalized Net Income	4.84M	7.24M	3.95M	2.64M	1.79M
Interest Capitalized	860M	51.67M	-	-	-
Interest on Long-Term Debt	405K	305K	317K	213K	25K
Supplemental Operating Expense Items
Marketing Expenses	118K	150K	108K	79K	61K
Selling and Marketing Expenses	118K	150K	108K	79K	61K
General and Administrative Expenses	4.23M	4.47M	5.99M	3.92M	2.83M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	300K	162K	177K	137K	57K
Total Stock-Based Compensation	300K	162K	177K	137K	57K

Fiscal Period: March	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Assets
Gross Property Plant And Equipment	237M	233M	177M	74.53M	-
Accumulated Depreciation	-499K	-695K	-807K	-645K	-
Net Property Plant And Equipment	236M	233M	177M	73.88M	33.36M
Total Real Estate Assets	236M	233M	177M	73.88M	33.36M
Cash And Equivalents	9.42M	28.14M	5.51M	19.77M	22.22M
Accounts Receivable, Total	6.58M	5.57M	7.04M	1.95M	1.45M
Other Receivables	2.6M	1.18M	1.09M	1.07M	463K
Investment In Debt and Equity Securities	3.25M	-	-	-	-
Other Current Assets, Total	43.3M	20.95M	11.48M	8.46M	14.5M
Deferred Tax Assets Long-Term (Collected)	-	-	-	-	-
Other Long-Term Assets, Total	-	-	-	5.62M	5.02M
Total Assets	301M	289M	202M	111M	77.02M
Liabilities
Current Portion of Long-Term Debt	21.85M	32.8M	8.54M	318K	-
Current Portion of Leases	154K	-	132K	39K	-
Long-Term Debt	106M	68.49M	55.13M	7.93M	-
Long-Term Leases	1.8M	1.08M	1.08M	-	-
Accounts Payable, Total	1.14M	604K	508K	50K	86K
Accrued Expenses, Total	5.81M	2.64M	2.34M	704K	304K
Current Income Taxes Payable	-	1.17M	646K	480K	918K
Unearned Revenue, Current	4.27M	3.37M	3.36M	1.69M	1.21M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	1.68M	1.14M	1.48M	1.14M	763K
Deferred Tax Liability Non-Current	228K	143K	76K	57K	32K
Other Non Current Liabilities	-	-	-	565K	1.21M
Total Liabilities	143M	111M	73.3M	12.98M	4.52M
Common Stock, Total	4.64M	4.64M	4.64M	3.76M	2.89M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	151M	169M	127M	89.29M	64.02M
Treasury Stock	-1.29M	-717K	-7.34M	-	-
Comprehensive Income and Other	3.84M	3.84M	3.84M	4.73M	5.59M
Total Common Equity	158M	177M	128M	97.77M	72.5M
Total Equity	158M	177M	128M	97.77M	72.5M
Total Liabilities And Equity	301M	289M	202M	111M	77.02M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	46.07M	46.29M	43.72M	37.55M	28.89M
ECS Total Common Shares Outstanding	46.07M	46.29M	43.72M	37.55M	28.89M
Book Value / Share	3.43	3.83	2.94	2.6	2.51
Tangible Book Value	158M	177M	128M	97.77M	72.5M
Tangible Book Value Per Share	3.43	3.83	2.94	2.6	2.51
Total Debt	130M	102M	64.88M	8.29M	0
Net Debt	121M	74.22M	59.37M	-11.48M	-22.22M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	42.72M	20.29M	11.06M	8.13M	4.34M
Full Time Employees	16	16	11	8	7
Accumulated Allowance for Doubtful Accounts (Supple)	1.34M	980K	653K	653K	1.07M

Fiscal Period: March	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Net Income	-5.53M	24.55M	-35.7M	-9.36M	1.42M
Depreciation, Depletion & Amortization	194K	196K	112K	142K	38K
Total Depreciation, Depletion & Amortization	194K	196K	112K	142K	38K
Amortization of Deferred Charges, Total	300K	305K	317K	213K	25K
(Gain) Loss On Sale of Asset - (CF)	-905K	-4.95M	-819K	-2.3M	-1.5M
(Gain) Loss on Sale of Investments - (CF)	-444K	-249K	-210K	-	-
Total Asset Writedown	14.75M	-8.22M	42.9M	15.38M	2.93M
Stock-Based Compensation (CF)	300K	162K	177K	137K	57K
Change in Accounts Receivable	491K	2.29M	-1.14M	-2.54M	500K
Change In Inventories	-	21.97M	9.23M	2.93M	3.72M
Change in Other Net Operating Assets (Collected)	-291K	-2.93M	-415K	-3.37M	-149K
Other Operating Activities	-2.32M	-444K	3K	-138K	9K
Cash from Operations	6.54M	32.68M	14.45M	1.1M	7.05M
Acquisition of Real Estate Assets, Total	-21.22M	-16.41M	-1.38M	-1.54M	-175K
Sale of Real Estate Assets, Total	5.29M	31.22M	15.41M	92.22M	30.64M
Net Sale / Acquisition of Real Estate Assets	-15.93M	14.81M	14.03M	90.67M	30.46M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	3.17M	-	-	-
Other Investing Activities, Total	1.09M	64K	-	-	-
Cash from Investing	-14.84M	18.04M	14.03M	90.67M	30.46M
Long-Term Debt Issued, Total	18.92M	11.47M	-	-	-
Total Debt Issued	18.92M	11.47M	-	-	-
Long-Term Debt Repaid, Total	-11.36M	-38.03M	-37.42M	-56.02M	-8.31M
Total Debt Repaid	-11.36M	-38.03M	-37.42M	-56.02M	-8.31M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-6.7M	-15.18M	-22.09M
Common Dividends Paid	-3.46M	-5.43M	-6.54M	-6.04M	-4.66M
Common & Preferred Stock Dividends Paid	-3.46M	-5.43M	-6.54M	-6.04M	-4.66M
Other Financing Activities, Total	-282K	-11K	-461K	-271K	-
Cash from Financing	3.82M	-32M	-51.12M	-77.52M	-35.06M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-4.48M	18.73M	-22.63M	14.26M	2.46M
Supplemental Items
Cash Interest Paid	3.58M	3.42M	3.43M	2.34M	102K
Cash Income Tax Paid (Refund)	1.17M	48K	171K	-	-
Net Debt Issued / Repaid	7.55M	-26.56M	-37.42M	-56.02M	-8.31M
Levered Free Cash Flow	-11.15M	28.72M	12.06M	2.46M	-4.35M
Unlevered Free Cash Flow	-9.22M	30.12M	14.09M	3.41M	-4.3M
Change In Net Working Capital	16.75M	-20.79M	-7.52M	506K	5.73M

Fiscal Period: March	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Profitability
Return on Assets	2.33	3.05	2.56	2.33	1.42
Return on Total Capital	2.44	3.17	2.66	2.43	1.49
Return On Equity %	-3.41	14.65	-23.36	-8.28	1.67
Return on Common Equity	-3.41	14.65	-23.36	-8.28	1.67
Margin Analysis
Gross Profit Margin %	95.74	38.02	48	50.12	40.6
SG&A Margin	25.1	9.42	18.48	20.4	21.81
EBITDA Margin %	65.42	29.43	30.6	29.84	16.29
EBITA Margin %	65.16	29.34	30.51	29.72	16.12
EBIT Margin %	65.16	29.34	30.51	29.72	16.12
Income From Continuing Operations Margin %	-31.95	50.03	-108.28	-47.77	10.74
Net Income Margin %	-31.95	50.03	-108.28	-47.77	10.74
Net Avail. For Common Margin %	-31.95	50.03	-108.28	-47.77	10.74
Normalized Net Income Margin	27.95	14.76	11.99	13.48	13.49
Levered Free Cash Flow Margin	-64.38	58.54	36.58	12.55	-32.83
Unlevered Free Cash Flow Margin	-53.23	61.39	42.73	17.42	-32.45
Asset Turnover
Asset Turnover	0.06	0.17	0.13	0.13	0.14
Fixed Assets Turnover	0.07	0.21	0.16	0.16	0.25
Receivables Turnover (Average Receivables)	2.78	-	5.23	8.46	7.78
Inventory Turnover (Average Inventory)	0.02	0.97	1.09	1.02	1.26
Short Term Liquidity
Current Ratio	1.77	1.34	1.48	7.06	11.79
Quick Ratio	0.53	0.84	0.8	5.15	7.37
Operating Cash Flow to Current Liabilities	0.19	0.78	0.85	0.25	2.15
Days Sales Outstanding (Average Receivables)	131.44	-	69.79	43.24	46.9
Days Outstanding Inventory (Average Inventory)	17.4K	378.14	333.58	359.05	289.15
Average Days Payable Outstanding	46.53	39.97	25.64	14.91	6.08
Cash Conversion Cycle (Average Days)	17.49K	-	377.74	387.38	329.97
Long Term Solvency
Total Debt/Equity	82.54	57.76	50.5	8.48	-
Total Debt / Total Capital	45.22	36.61	33.56	7.82	-
LT Debt/Equity	68.6	39.26	43.75	8.11	-
Long-Term Debt / Total Capital	37.58	24.88	29.07	7.48	-
Total Liabilities / Total Assets	47.61	38.6	36.33	11.72	5.87
EBIT / Interest Expense	3.16	5.28	2.68	3.12	17.5
EBITDA / Interest Expense	3.22	5.36	2.71	3.19	18
(EBITDA - Capex) / Interest Expense	3.21	5.35	2.71	3.19	18
Total Debt / EBITDA	11.35	7.02	6.38	1.39	-
Net Debt / EBITDA	10.53	5.09	5.84	-1.92	-10.12
Total Debt / (EBITDA - Capex)	11.37	7.03	6.38	1.39	-
Net Debt / (EBITDA - Capex)	10.54	5.1	5.84	-1.92	-10.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-18.12	120.59	-32.8	-40.56	-32.42
Gross Profit, 1 Yr. Growth %	-7.85	12.53	-15.17	-37.93	-45.26
EBITDA, 1 Yr. Growth %	-17.55	27.47	-30.14	-42.04	-63.1
EBITA, 1 Yr. Growth %	-17.69	27.56	-30.11	-42.09	-63.35
EBIT, 1 Yr. Growth %	-17.69	27.56	-30.11	-42.09	-63.35
Earnings From Cont. Operations, 1 Yr. Growth %	1.73	-543.67	-245.45	-73.78	-115.19
Net Income, 1 Yr. Growth %	1.73	-543.67	-245.45	-73.78	-115.19
Diluted EPS Before Extra, 1 Yr. Growth %	1.57	-541.22	-251.32	-70.45	-118.99
Normalized Net Income, 1 Yr. Growth %	-15.27	49.66	-45.43	-33.15	-32.38
Net Property, Plant and Equip., 1 Yr. Growth %	-5.23	-1.4	-24.11	-58.18	-54.84
Inventory, 1 Yr. Growth %	55.02	-52.51	-45.51	-26.49	-46.59
Accounts Receivable, 1 Yr. Growth %	11.66	-15.34	26.39	-27.2	-25.53
Total Assets, 1 Yr. Growth %	-0.73	-4.19	-30.09	-45.11	-30.46
Common Equity, 1 Yr. Growth %	-5.12	12.27	-27.5	-23.9	-25.85
Tangible Book Value, 1 Yr. Growth %	-5.12	12.27	-27.5	-23.9	-25.85
Cash From Operations, 1 Yr. Growth %	-34.03	-503.08	-55.77	-92.38	540.69
Capital Expenditures, 1 Yr. Growth %	-55.56	37.5	-63.64	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-291.75	-357.64	-58	-85.03	-276.85
Unlevered Free Cash Flow, 1 Yr. Growth %	-210.01	-426.74	-53.22	-81.5	-225.9
Dividend Per Share, 1 Yr. Growth %	-12.5	26.19	13.21	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.9	52.32	21.76	-36.8	-36.62
Gross Profit, 2 Yr. CAGR %	0.46	1.83	-2.3	-27.44	-41.71
EBITDA, 2 Yr. CAGR %	-4.86	2.52	-5.63	-36.36	-53.75
EBITA, 2 Yr. CAGR %	-4.94	2.47	-5.58	-36.38	-53.93
EBIT, 2 Yr. CAGR %	-4.94	2.47	-5.58	-36.38	-53.93
Earnings From Cont. Operations, 2 Yr. CAGR %	3.45	112.45	154.03	-38.24	-80.04
Net Income, 2 Yr. CAGR %	3.45	112.45	154.03	-38.24	-80.04
Diluted EPS Before Extra, 2 Yr. CAGR %	3.2	111.69	158.39	-33.13	-76.31
Normalized Net Income, 2 Yr. CAGR %	0.41	12.61	-9.63	-39.6	-32.77
Net Property, Plant and Equip., 2 Yr. CAGR %	-4.42	-3.33	-13.5	-43.66	-56.54
Inventory, 2 Yr. CAGR %	72.44	-14.2	-49.13	-36.71	-37.34
Accounts Receivable, 2 Yr. CAGR %	18.48	-2.77	3.44	-40.82	-26.37
Total Assets, 2 Yr. CAGR %	-2.41	-2.47	-18.16	-38.05	-38.22
Common Equity, 2 Yr. CAGR %	-6.44	3.21	-9.78	-25.72	-24.88
Tangible Book Value, 2 Yr. CAGR %	-6.44	3.21	-9.78	-25.72	-24.88
Cash From Operations, 2 Yr. CAGR %	-2.33	81.59	33.52	-81.65	-30.14
Capital Expenditures, 2 Yr. CAGR %	51.19	-21.83	-29.29	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	159.83	122.27	4.02	-70.74	-48.54
Unlevered Free Cash Flow, 2 Yr. CAGR %	47.8	89.59	23.63	-66.33	-51.74
Dividend Per Share, 2 Yr. CAGR %	-25.66	5.08	19.52	6.4	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.15	37.8	15.96	-4.13	-35.37
Gross Profit, 3 Yr. CAGR %	3.61	4.33	-4.19	-16.01	-33.94
EBITDA, 3 Yr. CAGR %	-0.67	4.88	-9.78	-19.78	-46.93
EBITA, 3 Yr. CAGR %	-0.68	4.85	-9.8	-19.78	-47.06
EBIT, 3 Yr. CAGR %	-0.68	4.85	-9.8	-19.78	-47.06
Earnings From Cont. Operations, 3 Yr. CAGR %	-23.85	68.08	87.24	19.16	-61.31
Net Income, 3 Yr. CAGR %	-23.85	68.08	87.24	19.16	-61.31
Diluted EPS Before Extra, 3 Yr. CAGR %	-30.51	67.49	89.28	25.42	-56.05
Normalized Net Income, 3 Yr. CAGR %	-1.56	14.7	-11.55	-18.27	-37.28
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.41	-3.42	-10.82	-32.11	-47.67
Inventory, 3 Yr. CAGR %	-	12.19	-26.25	-42.49	-40.19
Accounts Receivable, 3 Yr. CAGR %	16.45	5.92	6.11	-33.31	-36.1
Total Assets, 3 Yr. CAGR %	0.11	-3.01	-12.72	-28.36	-35.62
Common Equity, 3 Yr. CAGR %	-4.86	-0.58	-8.25	-14.75	-25.76
Tangible Book Value, 3 Yr. CAGR %	-4.86	-0.58	-8.25	-14.75	-25.76
Cash From Operations, 3 Yr. CAGR %	-1.3	68.32	13.4	-48.6	-40.02
Capital Expenditures, 3 Yr. CAGR %	-49.33	46.48	-39.43	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-12.27	159.1	27.54	-39.58	-46.7
Unlevered Free Cash Flow, 3 Yr. CAGR %	-14.57	92.54	18.91	-28.19	-47.75
Dividend Per Share, 3 Yr. CAGR %	-17.94	-11.32	7.72	12.62	4.22
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.48	28.02	14.53	0.89	-8.93
Gross Profit, 5 Yr. CAGR %	5.03	9.17	1.21	-9.77	-21.46
EBITDA, 5 Yr. CAGR %	0.69	8.96	-2.69	-14.12	-30.94
EBITA, 5 Yr. CAGR %	0.64	8.94	-2.67	-14.14	-31.06
EBIT, 5 Yr. CAGR %	0.64	8.94	-2.67	-14.14	-31.06
Earnings From Cont. Operations, 5 Yr. CAGR %	-12.52	21.2	23.3	12.61	-23.53
Net Income, 5 Yr. CAGR %	-12.52	21.2	23.3	12.61	-23.53
Diluted EPS Before Extra, 5 Yr. CAGR %	-22.83	7.74	17.51	16.01	-17.57
Normalized Net Income, 5 Yr. CAGR %	-2.22	12.47	-4.87	-11.26	-20.74
Net Property, Plant and Equip., 5 Yr. CAGR %	6.22	4.82	-7	-22.15	-33.11
Inventory, 5 Yr. CAGR %	-	-	-	-10.77	-30.9
Accounts Receivable, 5 Yr. CAGR %	20.09	20.76	11.06	-16.08	-24.42
Total Assets, 5 Yr. CAGR %	9.93	7.87	-7.64	-18.93	-23.98
Common Equity, 5 Yr. CAGR %	8.12	10.09	-6.86	-11.52	-15.3
Tangible Book Value, 5 Yr. CAGR %	8.12	10.09	-6.86	-11.52	-15.3
Cash From Operations, 5 Yr. CAGR %	-5.57	37.17	16.28	-30.63	-6.57
Capital Expenditures, 5 Yr. CAGR %	39.77	-3.29	-42.11	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	2.62	43.51	-6.09	8.29	-5.64
Unlevered Free Cash Flow, 5 Yr. CAGR %	-2.99	36.93	-0.96	-4.15	-12.5
Dividend Per Share, 5 Yr. CAGR %	-8.08	-6.46	-4.62	-4.62	4.56