Cash flow DFS Furniture plc

Stocks

DFS

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Home Furnishings

Market Closed - London S.E. Other stock markets 16:35:02 14/07/2026 BST			5-day change	1st Jan Change
142.00 ^GBX	+1.07%		+5.19%	-18.39%

07-02	Dusk picks Panmure and Zeus to drive GBP300 million IPO - Sky	AN
05-06	DFS Furniture's New CFO Formally Takes Office	MT

5d299fe7f34170e0.jxA5AzxY-GhBRc14YfvpktMIPe-TQO06DnFrOJVKMWo.x3tjUXAHsjAHFIE7M5yL271wSbzCDIh7YEAOa-w9eC38c0hGCyusGBkvrg

Published financial data: DFS FURNITURE PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	1.07B	1.15B	1.09B	987M	1.03B
Total Revenues	1.07B	1.15B	1.09B	987M	1.03B
Cost of Goods Sold, Total	466M	544M	497M	436M	449M
Gross Profit	601M	606M	592M	551M	582M
Selling General & Admin Expenses, Total	379M	430M	435M	412M	424M
Depreciation & Amortization - (IS)	77.4M	77.7M	80.5M	77.8M	75.9M
Amortization of Goodwill and Intangible Assets - (IS)	7.9M	10.5M	11.6M	13.7M	13M
Other Operating Expenses, Total	465M	518M	527M	503M	513M
Operating Income	137M	88M	65.3M	47.4M	68.3M
Interest Expense, Total	-30.8M	-27.3M	-33.8M	-40.9M	-37.2M
Interest And Investment Income	-	-	200K	400K	400K
Net Interest Expenses	-30.8M	-27.3M	-33.6M	-40.5M	-36.8M
Other Non Operating Income (Expenses)	-2.1M	-1.5M	-500K	-600K	-1.4M
EBT, Excl. Unusual Items	104M	59.2M	31.2M	6.3M	30.1M
Restructuring Charges	-1.4M	-900K	-	-6.5M	-700K
Merger & Related Restructuring Charges	-	200K	-	-	-
Impairment of Goodwill	-	-	-	-	-
Asset Writedown	-	-	-2M	-300K	-1.3M
Other Unusual Items	-3.1M	-	500K	-1.2M	4.8M
EBT, Incl. Unusual Items	99.2M	58.5M	29.7M	-1.7M	32.9M
Income Tax Expense	10.5M	14.3M	6.7M	3M	8.7M
Earnings From Continuing Operations	88.7M	44.2M	23M	-4.7M	24.2M
Earnings Of Discontinued Operations	-	-12.8M	3.2M	300K	-
Net Income to Company	88.7M	31.4M	26.2M	-4.4M	24.2M
Net Income - (IS)	88.7M	31.4M	26.2M	-4.4M	24.2M
Net Income to Common Incl Extra Items	88.7M	31.4M	26.2M	-4.4M	24.2M
Net Income to Common Excl. Extra Items	88.7M	44.2M	23M	-4.7M	24.2M
Per Share Items
Net EPS - Basic	0.35	0.12	0.11	-0.02	0.1
Basic EPS - Continuing Operations	0.35	0.17	0.1	-0.02	0.1
Basic Weighted Average Shares Outstanding	257M	255M	235M	231M	231M
Net EPS - Diluted	0.34	0.12	0.11	-0.02	0.1
Diluted EPS - Continuing Operations	0.34	0.17	0.1	-0.02	0.1
Diluted Weighted Average Shares Outstanding	259M	256M	237M	231M	235M
Normalized Basic EPS	0.25	0.15	0.08	0.02	0.08
Normalized Diluted EPS	0.25	0.14	0.08	0.02	0.08
Dividend Per Share	0.08	0.07	0.04	0.01	-
Payout Ratio	-	90.45	46.18	-213.64	-
Supplemental Items
EBITDA	158M	110M	88.8M	70.8M	86.9M
EBITA	138M	89.4M	66.7M	48.8M	69.7M
EBIT	137M	88M	65.3M	47.4M	68.3M
EBITDAR	159M	112M	89.1M	-	88.8M
Effective Tax Rate - (Ratio)	10.58	24.44	22.56	-176.47	26.44
Total Current Taxes	9M	5.8M	5.8M	-400K	7.4M
Total Deferred Taxes	1.5M	7.6M	1.3M	3.4M	1.3M
Normalized Net Income	64.81M	37M	19.5M	3.94M	18.81M
Interest on Long-Term Debt	33.8M	27.5M	33.9M	37.4M	75.9M
Supplemental Operating Expense Items
Selling and Marketing Expenses	303M	368M	365M	343M	353M
General and Administrative Expenses	75.9M	61.7M	70.2M	69M	71.3M
Net Rental Expense, Total	1.6M	1.8M	300K	-	1.9M
Imputed Operating Lease Interest Expense	640K	752K	144K	-	1.06M
Imputed Operating Lease Depreciation	960K	1.05M	156K	-	837K
Stock-Based Comp., G&A Exp. (Total)	3.6M	2.6M	1.8M	3.2M	2.8M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	3.6M	2.6M	1.8M	3.2M	2.8M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	22.7M	17.3M	26.7M	26.8M	13.9M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	22.7M	17.3M	26.7M	26.8M	13.9M
Accounts Receivable, Total	9.3M	12.6M	7.7M	6.7M	10.5M
Other Receivables	7.5M	8.1M	3.1M	7.4M	3M
Total Receivables	16.8M	20.7M	10.8M	14.1M	13.5M
Inventory	61.1M	64.4M	55.8M	59M	56.6M
Prepaid Expenses	7.2M	11.4M	3M	4M	4.7M
Other Current Assets, Total	100K	12.8M	700K	100K	-
Total Current Assets	108M	127M	97M	104M	88.7M
Gross Property Plant And Equipment	686M	723M	787M	819M	830M
Accumulated Depreciation	-249M	-279M	-377M	-420M	-478M
Net Property Plant And Equipment	437M	444M	410M	399M	352M
Long-term Investments	-	-	-	-	-
Goodwill	509M	508M	508M	508M	508M
Other Intangibles, Total	26.1M	25.5M	28.4M	24.6M	22.9M
Deferred Tax Assets Long-Term	24.7M	10.8M	15.5M	10.8M	11.6M
Other Long-Term Assets, Total	100K	4.8M	-	-	-
Total Assets	1.1B	1.12B	1.06B	1.05B	984M
Liabilities
Accounts Payable, Total	83.9M	122M	97.6M	100M	91.6M
Accrued Expenses, Total	64.5M	53.5M	53.5M	41.9M	53.7M
Short-term Borrowings	16.7M	12.3M	-	2.6M	13.9M
Current Portion of Leases	88.1M	89M	84.1M	75.1M	64.2M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	118M	72.2M	39.1M	40.9M	50.4M
Other Current Liabilities	53.1M	45.3M	47.6M	37M	57.2M
Total Current Liabilities	424M	395M	322M	298M	331M
Long-Term Debt	23.1M	93.5M	166M	187M	105M
Long-Term Leases	366M	356M	327M	327M	289M
Unearned Revenue Non Current	-	-	-	-	-
Other Non Current Liabilities	7.2M	6.3M	7.1M	5.6M	6.4M
Total Liabilities	820M	851M	822M	818M	731M
Common Stock, Total	25.9M	25.9M	24.1M	23.6M	23.6M
Additional Paid In Capital	40.4M	40.4M	40.4M	40.4M	40.4M
Retained Earnings	-149M	-180M	-184M	-204M	-175M
Treasury Stock	-700K	-4.9M	-10.1M	-2.9M	-2.9M
Comprehensive Income and Other	368M	387M	367M	372M	366M
Total Common Equity	284M	269M	237M	229M	252M
Total Equity	284M	269M	237M	229M	252M
Total Liabilities And Equity	1.1B	1.12B	1.06B	1.05B	984M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	257M	252M	230M	231M	231M
ECS Total Common Shares Outstanding	257M	252M	230M	231M	231M
Book Value / Share	1.11	1.07	1.03	0.99	1.09
Tangible Book Value	-251M	-265M	-300M	-304M	-279M
Tangible Book Value Per Share	-0.98	-1.05	-1.3	-1.32	-1.21
Total Debt	494M	551M	577M	592M	472M
Net Debt	471M	534M	550M	565M	458M
Debt Equivalent Oper. Leases	12.8M	14.4M	2.4M	-	15.2M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	6.6M	7.3M	8.9M	6.7M	6.6M
Inventories - Finished Goods, Total	68.6M	76M	62.8M	62.8M	59.8M
Land - (BS)	20.5M	21.9M	13.5M	14.4M	13.6M
Machinery, Total	203M	191M	249M	231M	230M
Full Time Employees	5.22K	5.47K	5.28K	4.72K	4.7K
Part Time Employees	-	-	-	-	-

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	88.7M	31.4M	26.2M	-4.4M	24.2M
Depreciation & Amortization - CF	77.4M	79.2M	80.5M	77.8M	71.2M
Amortization of Goodwill and Intangible Assets - (CF)	1.4M	1.4M	1.4M	1.4M	1.4M
Depreciation & Amortization, Total	78.8M	80.6M	81.9M	79.2M	72.6M
Amortization of Deferred Charges, Total - (CF)	6.5M	9.1M	10.2M	12.3M	11.6M
(Gain) Loss From Sale Of Asset	-1.9M	-1M	-2M	1.4M	-500K
Asset Writedown & Restructuring Costs	-	6M	2M	300K	1.3M
Stock-Based Compensation (CF)	1.5M	-100K	1.5M	3.2M	2.8M
Other Operating Activities, Total	38.3M	35.7M	41.9M	43.9M	44.3M
Change In Accounts Receivable	4.6M	-7.2M	13.2M	-900K	-3.8M
Change In Inventories	-2.2M	-3.3M	8.6M	-3.2M	2.4M
Change In Accounts Payable	81.4M	-16.6M	-55.8M	-15.9M	22.5M
Change in Other Net Operating Assets	3.3M	-1.7M	-6M	-	3.8M
Cash from Operations	299M	133M	122M	116M	181M
Capital Expenditure	-38M	-36.8M	-20.4M	-11.6M	-9.6M
Sale of Property, Plant, and Equipment	1.5M	1.8M	1.3M	1.4M	200K
Cash Acquisitions	-	-	-	-	-
Divestitures	300K	-	-	-	-
Sale (Purchase) of Intangible assets	-11.2M	-10.6M	-14.5M	-10M	-11.3M
Other Investing Activities, Total	-	-	200K	400K	400K
Cash from Investing	-47.4M	-45.6M	-33.4M	-19.8M	-20.3M
Long-Term Debt Issued, Total	-	70M	72M	50M	-
Total Debt Issued	-	70M	72M	50M	-
Long-Term Debt Repaid, Total	-272M	-63.5M	-61.6M	-95.6M	-146M
Total Debt Repaid	-272M	-63.5M	-61.6M	-95.6M	-146M
Issuance of Common Stock	1.4M	400K	-	-	-
Repurchase of Common Stock	-300K	-12.6M	-30.9M	-	-
Common Dividends Paid	-	-28.4M	-12.1M	-9.4M	-
Common & Preferred Stock Dividends Paid	-	-28.4M	-12.1M	-9.4M	-
Special Dividend Paid	-	-25.4M	-	-	-
Other Financing Activities, Total	-36.9M	-28.8M	-34M	-43.6M	-38.6M
Cash from Financing	-308M	-88.3M	-66.6M	-98.6M	-185M
Net Change in Cash	-56.3M	-1M	21.7M	-2.5M	-24.2M
Supplemental Items
Cash Interest Paid	32.8M	28.8M	34M	43.6M	38.6M
Cash Income Tax Paid (Refund)	8.2M	6.8M	700K	3M	3.7M
Levered Free Cash Flow	205M	33.04M	61.99M	52.66M	121M
Unlevered Free Cash Flow	224M	50.1M	83.11M	78.22M	144M
Change In Net Working Capital	-99.4M	49.8M	16.7M	24.5M	-35.1M
Net Debt Issued / Repaid	-272M	6.5M	10.4M	-45.6M	-146M

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.5	4.94	3.75	2.81	4.21
Return on Total Capital	9.94	6.88	4.99	3.62	5.53
Return On Equity %	36.47	15.97	9.09	-2.02	10.06
Return on Common Equity	36.47	15.97	9.09	-2.02	10.06
Margin Analysis
Gross Profit Margin %	56.31	52.7	54.39	55.8	56.46
SG&A Margin	35.52	37.37	39.93	41.73	41.2
EBITDA Margin %	14.77	9.58	8.16	7.17	8.43
EBITA Margin %	12.92	7.78	6.13	4.94	6.76
EBIT Margin %	12.79	7.65	6	4.8	6.63
Income From Continuing Operations Margin %	8.31	3.84	2.11	-0.48	2.35
Net Income Margin %	8.31	2.73	2.41	-0.45	2.35
Net Avail. For Common Margin %	8.31	3.84	2.11	-0.48	2.35
Normalized Net Income Margin	6.07	3.22	1.79	0.4	1.83
Levered Free Cash Flow Margin	19.22	2.87	5.69	5.34	11.71
Unlevered Free Cash Flow Margin	21.02	4.36	7.63	7.92	13.97
Asset Turnover
Asset Turnover	0.94	1.03	1	0.94	1.02
Fixed Assets Turnover	2.39	2.61	2.55	2.44	2.74
Receivables Turnover (Average Receivables)	108.4	105	107.28	137.1	119.8
Inventory Turnover (Average Inventory)	7.78	8.67	8.26	7.6	7.76
Short Term Liquidity
Current Ratio	0.25	0.32	0.3	0.35	0.27
Quick Ratio	0.09	0.1	0.12	0.14	0.08
Operating Cash Flow to Current Liabilities	0.71	0.34	0.38	0.39	0.55
Days Sales Outstanding (Average Receivables)	3.36	3.47	3.39	2.71	3.04
Days Outstanding Inventory (Average Inventory)	46.82	41.99	44.04	48.81	46.9
Average Days Payable Outstanding	48.85	68.65	82.07	83.57	78.31
Cash Conversion Cycle (Average Days)	1.33	-23.19	-34.63	-32.05	-28.38
Long Term Solvency
Total Debt/Equity	173.6	204.98	243.44	258.38	187.19
Total Debt / Total Capital	63.45	67.21	70.88	72.1	65.18
LT Debt/Equity	136.77	167.31	207.97	224.45	156.23
Long-Term Debt / Total Capital	49.99	54.86	60.56	62.63	54.4
Total Liabilities / Total Assets	74.25	75.99	77.62	78.12	74.36
EBIT / Interest Expense	4.44	3.22	1.93	1.16	1.84
EBITDA / Interest Expense	6.99	6.18	4.36	3.1	3.79
(EBITDA - Capex) / Interest Expense	5.76	4.83	3.75	2.81	3.53
Total Debt / EBITDA	2.29	3.27	3.92	4.67	3.35
Net Debt / EBITDA	2.19	3.17	3.74	4.46	3.25
Total Debt / (EBITDA - Capex)	2.78	4.18	4.55	5.15	3.6
Net Debt / (EBITDA - Capex)	2.66	4.05	4.34	4.91	3.49
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	47.37	8.45	-5.3	-9.35	4.38
Gross Profit, 1 Yr. Growth %	44.14	1.47	-2.26	-6.99	5.61
EBITDA, 1 Yr. Growth %	-4.04K	-31.53	-19.13	-20.27	17.59
EBITA, 1 Yr. Growth %	-645.45	-36.64	-25.14	-26.84	34.3
EBIT, 1 Yr. Growth %	-609.7	-37.01	-25.54	-27.41	35.25
Earnings From Cont. Operations, 1 Yr. Growth %	-228.18	-52.01	-47.96	-120.43	-614.89
Net Income, 1 Yr. Growth %	-228.18	-64.6	-16.56	-116.79	-650
Normalized Net Income, 1 Yr. Growth %	-261.28	-44.72	-47.03	-79.81	220.21
Diluted EPS Before Extra, 1 Yr. Growth %	-208.87	-51.55	-43.6	-121.01	-605.29
Accounts Receivable, 1 Yr. Growth %	-10.58	35.48	-38.89	-12.99	56.72
Inventory, 1 Yr. Growth %	3.74	5.4	-13.35	5.73	-4.07
Net Property, Plant and Equip., 1 Yr. Growth %	-4.78	1.65	-7.64	-2.73	-11.71
Total Assets, 1 Yr. Growth %	-5.7	1.37	-5.42	-1.2	-6.01
Tangible Book Value, 1 Yr. Growth %	-24.11	5.58	13.1	1.44	-8.19
Common Equity, 1 Yr. Growth %	40.91	-5.48	-11.83	-3.42	10.13
Cash From Operations, 1 Yr. Growth %	436.8	-55.55	-8.43	-4.77	56.34
Capital Expenditures, 1 Yr. Growth %	126.19	-3.16	-44.57	-43.14	-17.24
Levered Free Cash Flow, 1 Yr. Growth %	976.59	-84.07	88.7	-15.04	120.95
Unlevered Free Cash Flow, 1 Yr. Growth %	431.3	-77.87	66.52	-5.88	79.49
Dividend Per Share, 1 Yr. Growth %	-	-1.33	-39.19	-75.56	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.22	25.98	1.34	-7.34	-2.73
Gross Profit, 2 Yr. CAGR %	3.23	20.53	-0.41	-4.66	-0.89
EBITDA, 2 Yr. CAGR %	49.02	424.64	-25.69	-19.7	-1.08
EBITA, 2 Yr. CAGR %	73.96	87.98	-31.25	-25.99	2.22
EBIT, 2 Yr. CAGR %	84.21	81.21	-31.63	-26.48	2.27
Earnings From Cont. Operations, 2 Yr. CAGR %	111.95	-20.08	-50.03	-67.39	2.58
Net Income, 2 Yr. CAGR %	111.95	-32.64	-45.65	-62.57	-3.89
Normalized Net Income, 2 Yr. CAGR %	88.33	-4.05	-46.03	-67.3	-1.78
Diluted EPS Before Extra, 2 Yr. CAGR %	93.19	-26	-47.73	-65.57	3.05
Accounts Receivable, 2 Yr. CAGR %	-46.75	10.07	-9.01	-27.08	16.77
Inventory, 2 Yr. CAGR %	5.59	4.56	-4.44	-4.28	0.71
Net Property, Plant and Equip., 2 Yr. CAGR %	120.4	-1.62	-3.11	-5.22	-7.33
Total Assets, 2 Yr. CAGR %	20.36	-2.23	-2.09	-3.33	-3.63
Tangible Book Value, 2 Yr. CAGR %	-6.53	-10.49	9.27	7.11	-3.5
Common Equity, 2 Yr. CAGR %	6.3	15.41	-8.71	-7.72	3.14
Cash From Operations, 2 Yr. CAGR %	153.65	54.47	-36.2	-6.61	22.02
Capital Expenditures, 2 Yr. CAGR %	41.08	48	-26.73	-43.86	-31.4
Levered Free Cash Flow, 2 Yr. CAGR %	-	31.65	-45.32	26.61	39.5
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	8.89	-39.41	25.19	31.58
Dividend Per Share, 2 Yr. CAGR %	-21.65	-	-22.54	-61.45	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	5.37	14.55	-2.35	-3.59
Gross Profit, 3 Yr. CAGR %	-	2.4	12.39	-2.65	-1.35
EBITDA, 3 Yr. CAGR %	-	15.74	181.05	-23.92	-7.5
EBITA, 3 Yr. CAGR %	-	25.16	38.14	-29.81	-7.86
EBIT, 3 Yr. CAGR %	-	29.78	34.56	-30.25	-8
Earnings From Cont. Operations, 3 Yr. CAGR %	-	30.81	-30.73	-62.91	-18.19
Net Income, 3 Yr. CAGR %	-	16.72	-27.66	-63.26	-8.32
Normalized Net Income, 3 Yr. CAGR %	-	26.51	-21.42	-61.11	-20.05
Diluted EPS Before Extra, 3 Yr. CAGR %	-	23.35	-32.41	-61.42	-15.71
Accounts Receivable, 3 Yr. CAGR %	-	-27.31	-9.53	-10.35	-5.9
Inventory, 3 Yr. CAGR %	-	5.53	-1.79	-1.16	-4.21
Net Property, Plant and Equip., 3 Yr. CAGR %	-	70.28	-3.67	-2.98	-7.43
Total Assets, 3 Yr. CAGR %	-	13.66	-3.31	-1.79	-4.23
Tangible Book Value, 3 Yr. CAGR %	-	-2.66	-3.23	6.6	1.74
Common Equity, 3 Yr. CAGR %	-	2.21	5.5	-6.98	-2.11
Cash From Operations, 3 Yr. CAGR %	-	41.94	29.76	-27.09	10.89
Capital Expenditures, 3 Yr. CAGR %	-	24.45	6.69	-32.67	-36.1
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	48.15	-36.67	54.28
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	25.3	-29.83	42.32
Dividend Per Share, 3 Yr. CAGR %	-	-15.39	-	-47.26	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	0.09	7.3
Gross Profit, 5 Yr. CAGR %	-	-	-	-0.48	6.88
EBITDA, 5 Yr. CAGR %	-	-	-	-0.06	85.09
EBITA, 5 Yr. CAGR %	-	-	-	1.37	22.47
EBIT, 5 Yr. CAGR %	-	-	-	3.32	20.58
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-24.95	-18.95
Net Income, 5 Yr. CAGR %	-	-	-	-25.94	-18.95
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-26.43	-14.08
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-25.96	-19.99
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-27.22	0.19
Inventory, 5 Yr. CAGR %	-	-	-	1.49	-0.79
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	34.71	-5.15
Total Assets, 5 Yr. CAGR %	-	-	-	6.53	-3.44
Tangible Book Value, 5 Yr. CAGR %	-	-	-	1.14	-3.34
Common Equity, 5 Yr. CAGR %	-	-	-	-1.88	4.55
Cash From Operations, 5 Yr. CAGR %	-	-	-	20.05	26.61
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-9.48	-10.59
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	44.63
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	27.77
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-38.22	-