Cash flow Alpha Group International plc

Equities

ALPH

GB00BF1TM596

Investment Banking & Brokerage Services

Market Closed - London S.E. Other stock markets 16:35:29 19/09/2024 BST			5-day change	1st Jan Change
2,260.00 ^GBX	+2.73%		+5.12%	+29.14%

09-10	Alpha Group International says CEO resigns but retains shareholding	AN
09-10	Alpha Group International CEO to Step Down; Chair Named Successor	MT

e103e057835943b70002f8.Ffdc8h4Z99znAOFVYMT50lQ4XpV4WZpgd1zbqOGFgOY.TL4VrX9bjZ7VcLlhE5zBmAxoOaYXavgoLRaE6aPh0JdZxAuDLkGolqIttA

Published financial data: ALPHA GROUP INTERNATIONAL PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	35.38M	46.22M	77.47M	98.33M	110M
Interest And Invest. Income (Rev)	-	-	-	9.28M	75.52M
Total Revenues	35.38M	46.22M	77.47M	108M	186M
Cost of Goods Sold, Total	6.59M	9.2M	17.16M	24.81M	26.66M
Gross Profit	28.78M	37.02M	60.31M	82.8M	159M
Selling General & Admin Expenses, Total	13.52M	16.25M	21.89M	32.39M	39.37M
Provision for Bad Debts	-	-	2.87M	235K	993K
Depreciation & Amortization - (IS)	689K	1.25M	1.4M	1.92M	3.26M
Amortization of Goodwill and Intangible Assets - (IS)	248K	496K	950K	1.57M	3.12M
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	14.46M	18M	27.11M	36.12M	46.74M
Operating Income	14.32M	19.02M	33.2M	46.68M	113M
Interest Expense, Total	-216K	-370K	-681K	-452K	-793K
Interest And Investment Income	81.47K	34K	29K	729K	4.62M
Net Interest Expenses	-134K	-336K	-652K	277K	3.82M
Currency Exchange Gains (Loss)	-38.09K	-711K	-118K	274K	-372K
Other Non Operating Income (Expenses)	-	-832K	750K	76K	-41K
EBT, Excl. Unusual Items	14.15M	17.14M	33.18M	47.31M	116M
Gain (Loss) On Sale Of Assets	-46.64K	-1K	-	-	-
Asset Writedown	-	-	-	-93K	-34K
Other Unusual Items	-558K	-	-	-	-
EBT, Incl. Unusual Items	13.55M	17.14M	33.18M	47.21M	116M
Income Tax Expense	2.53M	3.33M	7.14M	8.16M	27.14M
Earnings From Continuing Operations	11.02M	13.8M	26.04M	39.05M	88.79M
Net Income to Company	11.02M	13.8M	26.04M	39.05M	88.79M
Minority Interest	-	-1.34M	-2.51M	-2.68M	33K
Net Income - (IS)	11.02M	12.47M	23.53M	36.37M	88.82M
Net Income to Common Incl Extra Items	11.02M	12.47M	23.53M	36.37M	88.82M
Net Income to Common Excl. Extra Items	11.02M	12.47M	23.53M	36.37M	88.82M
Per Share Items
Net EPS - Basic	0.3	0.32	0.58	0.87	2.06
Basic EPS - Continuing Operations	0.3	0.32	0.58	0.87	2.06
Basic Weighted Average Shares Outstanding	36.99M	39.29M	40.77M	41.92M	43.07M
Net EPS - Diluted	0.29	0.3	0.55	0.84	2.03
Diluted EPS - Continuing Operations	0.29	0.3	0.55	0.84	2.03
Diluted Weighted Average Shares Outstanding	38.08M	40.83M	42.7M	43.41M	43.67M
Normalized Basic EPS	0.24	0.24	0.45	0.64	1.68
Normalized Diluted EPS	0.23	0.23	0.43	0.62	1.66
Dividend Per Share	0.02	0.08	0.11	0.14	0.16
Payout Ratio	22.91	-	19.14	13.22	7.17
Supplemental Items
EBITDA	14.53M	19.47M	33.79M	47.44M	114M
EBITA	14.32M	19.02M	33.2M	46.68M	113M
EBIT	14.32M	19.02M	33.2M	46.68M	113M
EBITDAR	15.6M	19.75M	33.97M	48.23M	115M
Total Revenues (As Reported)	-	-	-	-	186M
Effective Tax Rate - (Ratio)	18.64	19.45	21.52	17.29	23.41
Current Domestic Taxes	2.28M	3M	-	-	-
Total Current Taxes	2.28M	3M	6.7M	7.68M	24.12M
Total Deferred Taxes	248K	333K	435K	483K	3.02M
Normalized Net Income	8.84M	9.38M	18.23M	26.89M	72.51M
Interest on Long-Term Debt	216K	327K	344K	452K	793K
Supplemental Operating Expense Items
General and Administrative Expenses	146K	181K	295K	557K	746K
Net Rental Expense, Total	1.07M	286K	179K	787K	897K
Imputed Operating Lease Interest Expense	-	110K	131K	279K	318K
Imputed Operating Lease Depreciation	-	176K	47.62K	508K	579K
Stock-Based Comp., COGS (Total)	497K	389K	260K	664K	-58K
Total Stock-Based Compensation	497K	389K	260K	664K	-58K

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	73.96M	82.97M	108M	137M	198M
Short Term Investments	-	11.8M	5.8M	-	-
Total Cash And Short Term Investments	73.96M	94.78M	114M	137M	198M
Accounts Receivable, Total	42.54M	53.99M	58.55M	-	-
Other Receivables	2.43M	3.34M	2.54M	4.38M	4.61M
Total Receivables	44.97M	57.33M	61.09M	4.38M	4.61M
Prepaid Expenses	479K	1.34M	1.46M	2.44M	3.26M
Restricted Cash	3.87M	4.02M	3.51M	4.73M	8.81M
Other Current Assets, Total	-	-	-	99.12M	95.2M
Total Current Assets	123M	157M	180M	247M	310M
Gross Property Plant And Equipment	10.82M	9.94M	9.8M	16.75M	32.67M
Accumulated Depreciation	-788K	-748K	-1.34M	-1.66M	-2.97M
Net Property Plant And Equipment	10.03M	9.2M	8.46M	15.1M	29.69M
Long-term Investments	-	5.83M	-	-	-
Goodwill	-	-	-	-	4.71M
Other Intangibles, Total	1.18M	2.07M	3M	4.81M	14.01M
Accounts Receivable Long-Term	-	-	17.34M	-	-
Other Long-Term Assets, Total	-	-	-	27.82M	14.37M
Total Assets	134M	175M	209M	295M	373M
Liabilities
Accounts Payable, Total	22.28M	17.59M	36.7M	-	-
Accrued Expenses, Total	3.61M	4.8M	7.83M	7.07M	8.51M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	293K	293K	450K	1.41M	1.03M
Current Income Taxes Payable	837K	1.81M	3.85M	3.78M	11.29M
Unearned Revenue Current, Total	-	-	-	4.92M	7.07M
Other Current Liabilities	41.97M	51.62M	34.36M	113M	85.53M
Total Current Liabilities	68.99M	76.12M	83.18M	130M	113M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	7.64M	7.19M	6.91M	11.67M	21.69M
Deferred Tax Liability Non Current	294K	626K	1.06M	1.39M	5.3M
Other Non Current Liabilities	-	-	7.74M	7.54M	8.68M
Total Liabilities	76.92M	83.93M	98.9M	151M	149M
Common Stock, Total	74.25K	80K	82K	84K	87K
Additional Paid In Capital	31.39M	50.58M	50.78M	53.51M	52.57M
Retained Earnings	22.93M	35.63M	54.19M	84.22M	171M
Comprehensive Income and Other	677K	695K	547K	1.93M	-632K
Total Common Equity	55.07M	86.99M	106M	140M	223M
Minority Interest	2.5M	3.65M	4.19M	4.71M	531K
Total Equity	57.57M	90.64M	110M	144M	223M
Total Liabilities And Equity	134M	175M	209M	295M	373M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	37.12M	40.12M	40.96M	42.2M	42.98M
ECS Total Common Shares Outstanding	37.12M	40.12M	40.96M	42.2M	43.32M
Book Value / Share	1.48	2.17	2.58	3.31	5.15
Tangible Book Value	53.89M	84.91M	103M	135M	204M
Tangible Book Value Per Share	1.45	2.12	2.5	3.2	4.71
Total Debt	7.93M	7.48M	7.36M	13.07M	22.72M
Net Debt	-66.03M	-87.29M	-106M	-124M	-175M
Debt Equivalent Oper. Leases	8.58M	2.29M	1.43M	6.3M	7.18M
Minority Interest, Total (Incl. Fin. Div)	2.5M	3.65M	4.19M	4.71M	531K
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	1.13M	1.55M	2.21M	2.14M	4.37M
Full Time Employees	124	147	214	357	486

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	11.02M	12.47M	23.53M	36.37M	88.82M
Depreciation & Amortization - CF	689K	1.25M	1.4M	1.92M	3.26M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	7K
Depreciation & Amortization, Total	689K	1.25M	1.4M	1.92M	3.27M
Amortization of Deferred Charges, Total - (CF)	248K	496K	950K	1.57M	3.1M
(Gain) Loss From Sale Of Asset	46.64K	1K	-	-	-
Asset Writedown & Restructuring Costs	-	278K	121K	93K	34K
Stock-Based Compensation (CF)	443K	389K	260K	664K	-58K
Other Operating Activities, Total	87.6K	3.44M	5.13M	1.24M	5.9M
Change In Accounts Receivable	236K	-1.12M	127K	-1.55M	-1.34M
Change In Accounts Payable	32.15M	10.97M	-14.24M	40.01M	-15.55M
Change in Other Net Operating Assets	-1.55M	-34.5M	17.25M	-41.47M	6.6M
Cash from Operations	43.36M	-6.32M	34.54M	38.85M	90.79M
Capital Expenditure	-2.36M	-425K	-661K	-1.74M	-6.93M
Sale of Property, Plant, and Equipment	8.03K	3K	-	-	5K
Cash Acquisitions	-	-	-	-	-8.23M
Sale (Purchase) of Intangible assets	-993K	-1.67M	-1.99M	-3.44M	-8.02M
Other Investing Activities, Total	-165K	-	-	-46K	4.38M
Cash from Investing	-3.51M	-2.09M	-2.65M	-5.22M	-18.79M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-356K	-775K	-465K	-891K	-779K
Total Debt Repaid	-356K	-775K	-465K	-891K	-779K
Issuance of Common Stock	-	19.28M	26K	996K	491K
Common Dividends Paid	-2.52M	-	-4.5M	-4.81M	-6.37M
Common & Preferred Stock Dividends Paid	-2.52M	-	-4.5M	-4.81M	-6.37M
Other Financing Activities, Total	-1.4M	-1.11M	-1.72M	-1.55M	-3.56M
Cash from Financing	-4.28M	17.4M	-6.66M	-6.26M	-10.21M
Foreign Exchange Rate Adjustments	-3.13K	17K	-148K	1.38M	-643K
Net Change in Cash	35.56M	9.01M	25.07M	28.76M	61.14M
Supplemental Items
Cash Interest Paid	-	-	-	452K	793K
Cash Income Tax Paid (Refund)	2.47M	2.03M	4.67M	7.49M	15.88M
Levered Free Cash Flow	36.17M	5.46M	23.83M	29.27M	42.11M
Unlevered Free Cash Flow	36.31M	5.69M	24.25M	29.56M	42.6M
Change In Net Working Capital	-29.28M	6.25M	-3.55M	-1.4M	19.11M
Net Debt Issued / Repaid	-356K	-775K	-465K	-891K	-779K

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	8.5	7.69	10.83	11.58	21.12
Return on Total Capital	15.68	14.53	19.28	21.24	34.98
Return On Equity %	20.74	18.63	25.99	30.72	48.47
Return on Common Equity	21.56	17.55	24.44	29.65	48.56
Margin Analysis
Gross Profit Margin %	81.36	80.1	77.85	76.94	85.66
SG&A Margin	38.23	35.17	28.26	30.1	21.17
EBITDA Margin %	41.06	42.12	43.62	44.09	61.24
EBITA Margin %	40.48	41.15	42.86	43.38	60.53
EBIT Margin %	40.48	41.15	42.86	43.38	60.53
Income From Continuing Operations Margin %	31.15	29.87	33.62	36.29	47.75
Net Income Margin %	31.15	26.98	30.37	33.8	47.77
Net Avail. For Common Margin %	31.15	26.98	30.37	33.8	47.77
Normalized Net Income Margin	25	20.29	23.53	24.99	38.99
Levered Free Cash Flow Margin	102.24	11.8	30.76	27.2	22.64
Unlevered Free Cash Flow Margin	102.62	12.3	31.31	27.47	22.91
Asset Turnover
Asset Turnover	0.34	0.3	0.4	0.43	0.56
Fixed Assets Turnover	6.94	4.81	8.78	9.14	8.3
Receivables Turnover (Average Receivables)	0.94	0.96	1.38	-	-
Short Term Liquidity
Current Ratio	1.79	2.07	2.16	1.9	2.73
Quick Ratio	1.72	2	2.1	1.08	1.79
Operating Cash Flow to Current Liabilities	0.63	-0.08	0.42	0.3	0.8
Days Sales Outstanding (Average Receivables)	388.25	382.22	265.12	-	-
Average Days Payable Outstanding	968.64	793.38	577.46	-	-
Long Term Solvency
Total Debt/Equity	13.78	8.26	6.71	9.05	10.17
Total Debt / Total Capital	12.11	7.63	6.28	8.3	9.23
LT Debt/Equity	13.27	7.93	6.3	8.08	9.71
Long-Term Debt / Total Capital	11.66	7.33	5.9	7.41	8.81
Total Liabilities / Total Assets	57.19	48.08	47.39	51.06	40.02
EBIT / Interest Expense	66.37	51.4	48.76	103.27	141.94
EBITDA / Interest Expense	69.57	54.79	50.81	107.52	146.06
(EBITDA - Capex) / Interest Expense	58.61	53.64	49.84	103.67	137.33
Total Debt / EBITDA	0.53	0.37	0.21	0.27	0.2
Net Debt / EBITDA	-4.4	-4.31	-3.08	-2.55	-1.51
Total Debt / (EBITDA - Capex)	0.63	0.38	0.22	0.28	0.21
Net Debt / (EBITDA - Capex)	-5.22	-4.4	-3.14	-2.64	-1.61
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	50.71	30.64	67.62	38.9	72.81