Cash flow Michelmersh Brick Holdings plc

Equities

MBH

GB00B013H060

Construction Materials

Delayed London S.E. Other stock markets 15:46:44 17/03/2026 GMT			5-day change	1st Jan Change
78.00 ^GBX	-1.27%		-8.24%	-8.24%

01-02	Tranche Update on Michelmersh Brick Holdings plc's Equity Buyback Plan announced on April 14, 2025.	CI
12-30	Michelmersh Brick Holdings plc's Equity Buyback announced on April 14, 2025, has closed with 4,339,224 shares, representing 4.69% for £2 million.	CI

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Published financial data: MICHELMERSH BRICK HOLDINGS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	52.04M	59.52M	68.38M	77.34M	70.11M
Total Revenues	52.04M	59.52M	68.38M	77.34M	70.11M
Cost of Goods Sold, Total	30.52M	35.37M	41.46M	47.28M	44.98M
Gross Profit	21.52M	24.16M	26.91M	30.06M	25.13M
Selling General & Admin Expenses, Total	12.84M	13.4M	14.22M	16.42M	15.62M
Amortization of Goodwill and Intangible Assets - (IS)	1.17M	1.2M	1.13M	1.37M	1.37M
Other Operating Expenses	-70K	-361K	-55K	-70K	-29K
Other Operating Expenses, Total	13.94M	14.24M	15.3M	17.72M	16.96M
Operating Income	7.58M	9.92M	11.61M	12.34M	8.16M
Interest Expense, Total	-735K	-227K	-229K	-131K	-457K
Interest And Investment Income	22K	4K	15K	250K	246K
Net Interest Expenses	-713K	-223K	-214K	119K	-211K
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	6.87M	9.7M	11.4M	12.46M	7.95M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	5K	-	-	-	6K
Asset Writedown	-	-	-	-	-
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	6.87M	9.7M	11.4M	12.46M	7.96M
Income Tax Expense	1.94M	3.57M	2.52M	2.8M	1.86M
Earnings From Continuing Operations	4.93M	6.13M	8.88M	9.66M	6.1M
Net Income to Company	4.93M	6.13M	8.88M	9.66M	6.1M
Net Income - (IS)	4.93M	6.13M	8.88M	9.66M	6.1M
Net Income to Common Incl Extra Items	4.93M	6.13M	8.88M	9.66M	6.1M
Net Income to Common Excl. Extra Items	4.93M	6.13M	8.88M	9.66M	6.1M
Per Share Items
Net EPS - Basic	0.05	0.06	0.09	0.1	0.07
Basic EPS - Continuing Operations	0.05	0.06	0.09	0.1	0.07
Basic Weighted Average Shares Outstanding	93.68M	94.31M	94.47M	92.54M	92.6M
Net EPS - Diluted	0.05	0.06	0.09	0.1	0.06
Diluted EPS - Continuing Operations	0.05	0.06	0.09	0.1	0.06
Diluted Weighted Average Shares Outstanding	99.37M	97.68M	96.44M	95.48M	94.58M
Normalized Basic EPS	0.05	0.06	0.08	0.08	0.05
Normalized Diluted EPS	0.04	0.06	0.07	0.08	0.05
Dividend Per Share	0.02	0.04	0.04	0.04	0.05
Payout Ratio	16.64	30.72	36.9	41.33	68.25
Supplemental Items
EBITDA	11.63M	14.09M	15.96M	16.96M	12.62M
EBITA	8.75M	11.12M	12.74M	13.71M	9.53M
EBIT	7.58M	9.92M	11.61M	12.34M	8.16M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	28.21	36.79	22.1	22.44	23.32
Current Domestic Taxes	-	2.09M	2.9M	3.19M	-
Total Current Taxes	-	2.09M	2.9M	3.19M	2.02M
Deferred Domestic Taxes	-	1.48M	-383K	-391K	-
Total Deferred Taxes	-	1.48M	-383K	-391K	-166K
Normalized Net Income	4.29M	6.06M	7.12M	7.79M	4.97M
Interest on Long-Term Debt	84K	57K	61K	53K	91K
Supplemental Operating Expense Items
General and Administrative Expenses	12.84M	13.4M	14.22M	16.42M	15.62M
Research And Development Expense From Footnotes	-	-	-	-	3K
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	971K	882K	980K	1.26M	426K
Total Stock-Based Compensation	971K	882K	980K	1.26M	426K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	12.24M	8.47M	10.6M	10.96M	6M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	12.24M	8.47M	10.6M	10.96M	6M
Accounts Receivable, Total	9.84M	9.23M	10.86M	8.29M	7.94M
Other Receivables	-	190K	-	-	-
Total Receivables	9.84M	9.42M	10.86M	8.29M	7.94M
Inventory	10.05M	10.06M	9.68M	16.46M	19.21M
Prepaid Expenses	1.35M	1.32M	941K	948K	1.83M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	33.48M	29.27M	32.08M	36.66M	34.99M
Gross Property Plant And Equipment	97.38M	103M	109M	109M	118M
Accumulated Depreciation	-36.43M	-39.88M	-42.72M	-45.5M	-48.68M
Net Property Plant And Equipment	60.95M	63.2M	65.93M	63.37M	69.39M
Goodwill	6.89M	6.89M	10.18M	10.18M	10.18M
Other Intangibles, Total	14.53M	13.33M	15.12M	13.74M	12.38M
Deferred Charges Long-Term	-	-	-	30K	35K
Total Assets	116M	113M	123M	124M	127M
Liabilities
Accounts Payable, Total	2.69M	2.61M	3.62M	3.97M	4.9M
Accrued Expenses, Total	8.72M	8.87M	10.11M	7.69M	6.27M
Current Portion of Long-Term Debt	986K	143K	-	-	-
Current Portion of Leases	530K	491K	761K	698K	689K
Current Income Taxes Payable	240K	-	1.16M	1.53M	1.06M
Other Current Liabilities	634K	154K	2.12M	1.15M	269K
Total Current Liabilities	13.8M	12.27M	17.78M	15.03M	13.19M
Long-Term Debt	10.49M	642K	-	-	-
Long-Term Leases	240K	117K	523K	743K	1.58M
Deferred Tax Liability Non Current	11.66M	14.54M	16.03M	15.36M	16.27M
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	36.2M	27.57M	34.34M	31.13M	31.03M
Common Stock, Total	18.79M	19.13M	19.18M	19.18M	19.18M
Additional Paid In Capital	15.83M	16.54M	16.72M	16.72M	16.72M
Retained Earnings	23.45M	27.7M	31.63M	35.32M	37.26M
Comprehensive Income and Other	21.58M	21.76M	21.44M	21.62M	22.76M
Total Common Equity	79.65M	85.12M	88.97M	92.84M	95.93M
Total Equity	79.65M	85.12M	88.97M	92.84M	95.93M
Total Liabilities And Equity	116M	113M	123M	124M	127M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	93.94M	95.63M	95.84M	92.54M	92.6M
ECS Total Common Shares Outstanding	93.94M	95.63M	95.84M	92.54M	92.6M
Book Value / Share	0.85	0.89	0.93	1	1.04
Tangible Book Value	58.23M	64.9M	63.68M	68.92M	73.38M
Tangible Book Value Per Share	0.62	0.68	0.66	0.74	0.79
Total Debt	12.24M	1.39M	1.28M	1.44M	2.26M
Net Debt	0	-7.07M	-9.31M	-9.52M	-3.74M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.93M	2.85M	3.07M	4.71M	5.41M
Inventories - Work In Process, Total	1.75M	2.18M	2.7M	3.23M	3.09M
Inventories - Finished Goods, Total	5.37M	5.04M	3.92M	8.52M	10.71M
Land - (BS)	55.98M	59.87M	61.99M	59.52M	64.21M
Machinery, Total	39.35M	40.83M	43.96M	46.91M	50M
Full Time Employees	352	371	435	346	445

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	4.93M	6.13M	8.88M	9.66M	6.1M
Depreciation & Amortization - CF	3.54M	3.58M	3.92M	4.1M	3.92M
Amortization of Goodwill and Intangible Assets - (CF)	1.17M	1.2M	1.13M	1.37M	1.37M
Depreciation & Amortization, Total	4.71M	4.78M	5.05M	5.48M	5.29M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	3K
(Gain) Loss From Sale Of Asset	119K	-	-	-15K	-6K
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	899K	882K	980K	1.26M	426K
Other Operating Activities, Total	150K	1.54M	1.08M	-114K	-256K
Change In Accounts Receivable	-2.42M	638K	307K	2.56M	-531K
Change In Inventories	-234K	12K	1.02M	-6.78M	-2.75M
Change In Accounts Payable	2.22M	-412K	683K	-1.22M	-420K
Cash from Operations	10.38M	13.57M	17.99M	10.83M	7.86M
Capital Expenditure	-1.24M	-4.23M	-3.03M	-3.08M	-5.6M
Sale of Property, Plant, and Equipment	-	-	-	-	6K
Cash Acquisitions	-	-	-6.07M	-	-
Sale (Purchase) of Real Estate properties	-	-	-	1.1M	-
Sale (Purchase) of Intangible assets	-	-	-	-30K	-8K
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Cash from Investing	-1.24M	-4.23M	-9.1M	-2.01M	-5.6M
Long-Term Debt Issued, Total	3M	-	-	-	-
Total Debt Issued	3M	-	-	-	-
Long-Term Debt Repaid, Total	-13.63M	-11.22M	-1.51M	-885K	-821K
Total Debt Repaid	-13.63M	-11.22M	-1.51M	-885K	-821K
Issuance of Common Stock	129K	421K	31K	-	-
Repurchase of Common Stock	-	-	-1.54M	-1.94M	-41K
Common Dividends Paid	-821K	-1.88M	-3.28M	-3.99M	-4.17M
Common & Preferred Stock Dividends Paid	-821K	-1.88M	-3.28M	-3.99M	-4.17M
Other Financing Activities, Total	-713K	-223K	-214K	-1.68M	-2.13M
Cash from Financing	-12.04M	-12.9M	-6.5M	-8.5M	-7.16M
Foreign Exchange Rate Adjustments	-	-216K	-257K	41K	-58K
Miscellaneous Cash Flow Adjustments	-	-	-	1K	-
Net Change in Cash	-2.9M	-3.78M	2.13M	360K	-4.95M
Supplemental Items
Cash Interest Paid	713K	223K	214K	-	-
Cash Income Tax Paid (Refund)	2.5M	2.25M	1.66M	2.79M	2.32M
Levered Free Cash Flow	7.33M	7.27M	14.81M	4.34M	-182K
Unlevered Free Cash Flow	7.79M	7.42M	14.95M	4.42M	103K
Change In Net Working Capital	1.39M	219K	-4.7M	6.91M	5.11M
Net Debt Issued / Repaid	-10.63M	-11.22M	-1.51M	-885K	-821K

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.99	5.43	6.15	6.24	4.07
Return on Total Capital	4.97	6.95	8.21	8.36	5.3
Return On Equity %	6.33	7.44	10.2	10.63	6.47
Return on Common Equity	6.33	7.44	10.2	10.63	6.47
Margin Analysis
Gross Profit Margin %	41.35	40.58	39.36	38.87	35.84
SG&A Margin	24.67	22.51	20.8	21.23	22.28
EBITDA Margin %	22.35	23.67	23.34	21.93	18
EBITA Margin %	16.81	18.68	18.64	17.72	13.6
EBIT Margin %	14.56	16.67	16.98	15.95	11.65
Income From Continuing Operations Margin %	9.48	10.3	12.98	12.49	8.71
Net Income Margin %	9.48	10.3	12.98	12.49	8.71
Net Avail. For Common Margin %	9.48	10.3	12.98	12.49	8.71
Normalized Net Income Margin	8.25	10.18	10.42	10.07	7.09
Levered Free Cash Flow Margin	14.09	12.22	21.66	5.61	-0.26
Unlevered Free Cash Flow Margin	14.97	12.46	21.87	5.72	0.15
Asset Turnover
Asset Turnover	0.44	0.52	0.58	0.63	0.56
Fixed Assets Turnover	0.82	0.96	1.06	1.2	1.06
Receivables Turnover (Average Receivables)	6.09	6.24	6.81	8.08	8.63
Inventory Turnover (Average Inventory)	3.08	3.52	4.2	3.62	2.52
Short Term Liquidity
Current Ratio	2.43	2.39	1.8	2.44	2.65
Quick Ratio	1.6	1.46	1.21	1.28	1.06
Operating Cash Flow to Current Liabilities	0.75	1.11	1.01	0.72	0.6
Days Sales Outstanding (Average Receivables)	60.05	58.47	53.62	45.2	42.39
Days Outstanding Inventory (Average Inventory)	118.74	103.74	86.9	100.93	145.14
Average Days Payable Outstanding	35.27	27.33	27.68	25.63	34
Cash Conversion Cycle (Average Days)	143.52	134.88	112.84	120.49	153.52
Long Term Solvency
Total Debt/Equity	15.37	1.64	1.44	1.55	2.36
Total Debt / Total Capital	13.32	1.61	1.42	1.53	2.31
LT Debt/Equity	13.47	0.89	0.59	0.8	1.64
Long-Term Debt / Total Capital	11.67	0.88	0.58	0.79	1.6
Total Liabilities / Total Assets	31.24	24.47	27.85	25.11	24.44
EBIT / Interest Expense	10.31	43.7	50.69	94.18	17.87
EBITDA / Interest Expense	16.73	64.76	72.74	135.98	29.45
(EBITDA - Capex) / Interest Expense	15.04	46.14	59.52	112.43	17.19
Total Debt / EBITDA	1	0.09	0.08	0.08	0.17
Net Debt / EBITDA	0	-0.48	-0.56	-0.53	-0.28
Total Debt / (EBITDA - Capex)	1.11	0.13	0.09	0.1	0.29
Net Debt / (EBITDA - Capex)	0	-0.68	-0.68	-0.65	-0.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.76	14.37	14.87	13.11	-9.35
Gross Profit, 1 Yr. Growth %	-1.76	12.25	11.41	11.69	-16.41
EBITDA, 1 Yr. Growth %	-9.5	21.1	13.27	6.27	-25.5
EBITA, 1 Yr. Growth %	-14.32	27.08	14.61	7.58	-30.37
EBIT, 1 Yr. Growth %	-16.21	30.89	17.03	6.28	-33.74
Earnings From Cont. Operations, 1 Yr. Growth %	-42.67	24.24	44.84	8.84	-36.82
Net Income, 1 Yr. Growth %	-42.67	24.24	44.84	8.84	-36.82
Normalized Net Income, 1 Yr. Growth %	-19.33	41.23	17.51	9.32	-36.07
Diluted EPS Before Extra, 1 Yr. Growth %	-46.14	26.67	46.73	9.68	-35.98
Accounts Receivable, 1 Yr. Growth %	35.96	-6.22	17.67	-23.64	-4.2
Inventory, 1 Yr. Growth %	2.93	0.14	-3.74	69.99	16.71
Net Property, Plant and Equip., 1 Yr. Growth %	-6.73	3.7	4.31	-3.89	9.5
Total Assets, 1 Yr. Growth %	-4.58	-2.72	9.42	0.54	2.41
Tangible Book Value, 1 Yr. Growth %	8.82	11.46	-1.89	8.24	6.47
Common Equity, 1 Yr. Growth %	4.66	6.87	4.52	4.36	3.32
Cash From Operations, 1 Yr. Growth %	-28.48	30.72	32.59	-39.81	-27.4
Capital Expenditures, 1 Yr. Growth %	-48.55	240.69	-28.38	1.88	81.52
Levered Free Cash Flow, 1 Yr. Growth %	-21.93	-0.78	103.62	-70.69	-104.21
Unlevered Free Cash Flow, 1 Yr. Growth %	-20.94	-4.81	101.65	-70.42	-97.66
Dividend Per Share, 1 Yr. Growth %	117.39	46	16.44	5.88	2.22
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.99	5.46	14.62	13.99	1.26
Gross Profit, 2 Yr. CAGR %	9.28	5.01	11.83	11.55	-3.38
EBITDA, 2 Yr. CAGR %	3.22	4.69	17.12	9.71	-11.07
EBITA, 2 Yr. CAGR %	-1.82	4.35	20.68	11.04	-13.5
EBIT, 2 Yr. CAGR %	-2.29	4.73	23.76	11.52	-16.14
Earnings From Cont. Operations, 2 Yr. CAGR %	-0.52	-15.6	34.15	25.56	-17.08
Net Income, 2 Yr. CAGR %	-0.52	-15.6	34.15	25.56	-17.08
Normalized Net Income, 2 Yr. CAGR %	-3.16	6.74	28.83	13.34	-16.45
Diluted EPS Before Extra, 2 Yr. CAGR %	-5.73	-17.4	36.33	26.86	-16.2
Accounts Receivable, 2 Yr. CAGR %	16.58	12.92	5.05	-5.21	-14.47
Inventory, 2 Yr. CAGR %	9.96	1.53	-1.82	27.92	40.85
Net Property, Plant and Equip., 2 Yr. CAGR %	7.83	-1.65	4.01	0.13	2.59
Total Assets, 2 Yr. CAGR %	9.19	-3.65	3.17	4.89	1.47
Tangible Book Value, 2 Yr. CAGR %	19.4	10.13	4.57	3.05	7.35
Common Equity, 2 Yr. CAGR %	11.74	5.76	5.69	4.44	3.84
Cash From Operations, 2 Yr. CAGR %	2.69	-3.31	31.65	-10.67	-33.9
Capital Expenditures, 2 Yr. CAGR %	-20.93	32.4	56.2	-14.58	35.99
Levered Free Cash Flow, 2 Yr. CAGR %	10.24	-11.99	42.14	-22.75	-88.9
Unlevered Free Cash Flow, 2 Yr. CAGR %	10.12	-13.25	38.55	-22.77	-91.7
Dividend Per Share, 2 Yr. CAGR %	-11.61	78.15	30.38	11.03	4.04
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.18	8.72	8.51	14.11	5.61
Gross Profit, 3 Yr. CAGR %	17.05	10.26	7.1	11.79	1.32
EBITDA, 3 Yr. CAGR %	15.82	8.87	7.47	13.38	-3.6
EBITA, 3 Yr. CAGR %	13.2	7	7.66	16.15	-4.99
EBIT, 3 Yr. CAGR %	14.92	7.71	8.67	17.64	-6.28
Earnings From Cont. Operations, 3 Yr. CAGR %	30.65	7.13	1.05	25.12	-0.14
Net Income, 3 Yr. CAGR %	30.65	7.13	1.05	25.12	-0.14
Normalized Net Income, 3 Yr. CAGR %	13.7	9.82	10.22	21.97	-6.39
Diluted EPS Before Extra, 3 Yr. CAGR %	23.94	4.02	0.04	26.79	1
Accounts Receivable, 3 Yr. CAGR %	16.08	8.42	14.48	-5.55	-4.87
Inventory, 3 Yr. CAGR %	3.12	6.58	-0.26	17.9	24.07
Net Property, Plant and Equip., 3 Yr. CAGR %	5.02	6.44	0.3	1.31	3.16
Total Assets, 3 Yr. CAGR %	6.12	5.06	0.52	2.29	4.05
Tangible Book Value, 3 Yr. CAGR %	18.16	16.69	5.97	5.78	4.18
Common Equity, 3 Yr. CAGR %	10.28	10.09	5.34	5.24	4.06
Cash From Operations, 3 Yr. CAGR %	26.66	11.29	7.42	1.42	-16.63
Capital Expenditures, 3 Yr. CAGR %	7.39	28.66	7.88	35.47	9.82
Levered Free Cash Flow, 3 Yr. CAGR %	8.52	6.44	16.41	-16.03	-70.73
Unlevered Free Cash Flow, 3 Yr. CAGR %	9.45	4.9	14.92	-17.2	-75.95
Dividend Per Share, 3 Yr. CAGR %	5.16	4.48	54.61	21.64	8.02
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.35	14.64	12.55	10.79	5.55
Gross Profit, 5 Yr. CAGR %	14.14	18.48	14.93	10.78	2.78
EBITDA, 5 Yr. CAGR %	14.63	20.22	16.34	9.2	-0.37
EBITA, 5 Yr. CAGR %	13.22	19.59	16.13	8.6	-1.36
EBIT, 5 Yr. CAGR %	10.03	16.91	18.38	9.22	-2.03
Earnings From Cont. Operations, 5 Yr. CAGR %	6.47	11.48	32.04	14.15	-6.64
Net Income, 5 Yr. CAGR %	6.47	11.48	32.04	14.15	-6.64
Normalized Net Income, 5 Yr. CAGR %	7.72	16.28	19.53	11.22	-1.34
Diluted EPS Before Extra, 5 Yr. CAGR %	2.29	7.54	28.76	12.62	-6.81
Accounts Receivable, 5 Yr. CAGR %	19.5	15.76	11.54	2.75	1.88
Inventory, 5 Yr. CAGR %	6.9	6.94	1.12	14.65	14.5
Net Property, Plant and Equip., 5 Yr. CAGR %	8.35	9.15	4.61	3.87	1.21
Total Assets, 5 Yr. CAGR %	14.94	12.42	4.93	4.99	0.9
Tangible Book Value, 5 Yr. CAGR %	4.49	4.87	12.53	11.03	6.52
Common Equity, 5 Yr. CAGR %	10.11	9.68	8.42	7.79	4.74
Cash From Operations, 5 Yr. CAGR %	12.43	23.37	28.63	1.92	-11.54
Capital Expenditures, 5 Yr. CAGR %	-6.47	13.41	24.75	9.22	18.35
Levered Free Cash Flow, 5 Yr. CAGR %	9.85	49.73	20.89	-6.37	-54.53
Unlevered Free Cash Flow, 5 Yr. CAGR %	10.94	50.31	20.27	-7.19	-59.83
Dividend Per Share, 5 Yr. CAGR %	20.11	12.79	14.6	7.06	31.95