Balance Sheet XPS Pensions Group plc

Equities

XPS

GB00BDDN1T20

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 16:35:04 10/09/2024 BST			5-day change	1st Jan Change
293.00 ^GBX	-0.34%		+0.34%	+25.75%

09-05	XPS Pensions Group plc Approves Final Dividend for the Fiscal Year 2024	CI
09-05	Xps Pensions Group plc Announces Board Changes	CI

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Published financial data: XPS PENSIONS GROUP PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	120M	128M	139M	167M	199M
Total Revenues	120M	128M	139M	167M	199M
Cost of Goods Sold, Total	-	-	83.06M	101M	120M
Gross Profit	120M	128M	55.56M	65.16M	79.08M
Selling General & Admin Expenses, Total	91.5M	101M	25.3M	27.37M	31.86M
Depreciation & Amortization - (IS)	11.32M	11.48M	11.92M	12.39M	12.84M
Other Operating Expenses, Total	103M	112M	37.22M	39.76M	44.7M
Operating Income	16.93M	15.61M	18.34M	25.4M	34.37M
Interest Expense, Total	-2.03M	-1.51M	-1.4M	-3.05M	-3.95M
Interest And Investment Income	8K	3K	-	10K	50K
Net Interest Expenses	-2.03M	-1.51M	-1.4M	-3.04M	-3.9M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-344K	-346K	-648K	-548K	-591K
EBT, Excl. Unusual Items	14.56M	13.76M	16.3M	21.82M	29.88M
Restructuring Charges	-1.9M	-367K	-	-	-
Merger & Related Restructuring Charges	-870K	-226K	-320K	-2.87M	-29K
Gain (Loss) On Sale Of Assets	-	-	-	-	32.54M
Other Unusual Items	-717K	-1.8M	966K	197K	92K
EBT, Incl. Unusual Items	11.07M	11.37M	16.94M	19.14M	62.48M
Income Tax Expense	3.67M	2.41M	7.52M	3.3M	8.31M
Earnings From Continuing Operations	7.4M	8.96M	9.42M	15.84M	54.17M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	7.4M	8.96M	9.42M	15.84M	54.17M
Net Income - (IS)	7.4M	8.96M	9.42M	15.84M	54.17M
Net Income to Common Incl Extra Items	7.4M	8.96M	9.42M	15.84M	54.17M
Net Income to Common Excl. Extra Items	7.4M	8.96M	9.42M	15.84M	54.17M
Per Share Items
Net EPS - Basic	0.04	0.04	0.05	0.08	0.26
Basic EPS - Continuing Operations	0.04	0.04	0.05	0.08	0.26
Basic Weighted Average Shares Outstanding	203M	204M	204M	205M	207M
Net EPS - Diluted	0.04	0.04	0.04	0.07	0.25
Diluted EPS - Continuing Operations	0.04	0.04	0.04	0.07	0.25
Diluted Weighted Average Shares Outstanding	208M	210M	213M	216M	220M
Normalized Basic EPS	0.04	0.04	0.05	0.07	0.09
Normalized Diluted EPS	0.04	0.04	0.05	0.06	0.09
Dividend Per Share	0.07	0.07	0.07	0.08	0.1
Payout Ratio	181.27	150.4	146.78	96.8	33.28
Supplemental Items
EBITDA	24.94M	23.13M	25.76M	33.18M	42.3M
EBITA	24.08M	22.16M	24.92M	32.28M	41.41M
EBIT	16.93M	15.61M	18.34M	25.4M	34.37M
EBITDAR	27.44M	25.81M	28.45M	36.28M	45.84M
Effective Tax Rate - (Ratio)	33.17	21.17	44.38	17.27	13.31
Current Domestic Taxes	-	3.67M	4.66M	4.93M	10M
Total Current Taxes	3.14M	3.67M	4.66M	4.93M	10M
Deferred Domestic Taxes	-	-1.27M	2.86M	-1.62M	-1.69M
Total Deferred Taxes	534K	-1.27M	2.86M	-1.62M	-1.69M
Normalized Net Income	9.1M	8.6M	10.18M	13.64M	18.68M
Interest on Long-Term Debt	2.38M	1.86M	2.05M	3.6M	4.54M
Supplemental Operating Expense Items
General and Administrative Expenses	2.18M	4.92M	-	-	28.32M
Net Rental Expense, Total	2.49M	2.67M	2.69M	3.1M	3.54M
Imputed Operating Lease Interest Expense	580K	420K	411K	993K	2.04M
Imputed Operating Lease Depreciation	1.91M	2.25M	2.28M	2.11M	1.5M
Stock-Based Comp., COGS (Total)	-	-	3.88M	4.66M	6.38M
Stock-Based Comp., G&A Exp. (Total)	2.18M	4.92M	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	2.18M	4.92M	3.88M	4.66M	6.38M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	14.43M	8.62M	10.15M	13.28M	10M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	14.43M	8.62M	10.15M	13.28M	10M
Accounts Receivable, Total	19.4M	18.18M	18.92M	22.75M	28.4M
Other Receivables	11.69M	12.2M	13.29M	16.51M	16.99M
Total Receivables	31.09M	30.38M	32.21M	39.27M	45.39M
Prepaid Expenses	3.09M	4.07M	6.29M	4.5M	5.53M
Other Current Assets, Total	186K	186K	276K	-	-
Total Current Assets	48.79M	43.26M	48.93M	57.05M	60.93M
Gross Property Plant And Equipment	18.02M	17.91M	16.51M	15.68M	16.33M
Accumulated Depreciation	-2.03M	-2.49M	-2.39M	-2.92M	-3.47M
Net Property Plant And Equipment	15.98M	15.42M	14.11M	12.76M	12.87M
Long-term Investments	-	-	-	-	-
Goodwill	120M	120M	122M	125M	125M
Other Intangibles, Total	90.31M	84.44M	84.98M	86.74M	82.77M
Deferred Tax Assets Long-Term	669K	767K	1.1M	-	-
Other Long-Term Assets, Total	1.3M	1.78M	1.81M	1.85M	-
Total Assets	277M	266M	273M	284M	282M
Liabilities
Accounts Payable, Total	2.52M	5.38M	8.64M	31.22M	2.84M
Accrued Expenses, Total	14.65M	16.77M	15.6M	658K	28.03M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	2.54M	2.46M	2.74M	2.7M	1.87M
Current Income Taxes Payable	994K	1.41M	2.21M	2.28M	427K
Unearned Revenue Current, Total	2.47M	2.78M	3.25M	-	10.78M
Other Current Liabilities	3.2M	1.59M	1.8M	1.92M	3.99M
Total Current Liabilities	26.38M	30.39M	34.23M	38.78M	47.94M
Long-Term Debt	70.19M	58.88M	63.31M	67.31M	23.39M
Long-Term Leases	10.27M	9.61M	8.94M	7.23M	7.3M
Deferred Tax Liability Non Current	17.56M	16.39M	20.06M	18.44M	15.59M
Other Non Current Liabilities	-	1.68M	1.78M	2.71M	1.8M
Total Liabilities	124M	117M	128M	134M	96.01M
Common Stock, Total	102K	103K	103K	104K	104K
Additional Paid In Capital	117M	117M	117M	1.79M	1.79M
Retained Earnings	-12.11M	-13.96M	-17M	100M	138M
Treasury Stock	-529K	-2.56M	-4.16M	-1.35M	-2.92M
Comprehensive Income and Other	48.69M	48.69M	48.69M	48.69M	48.69M
Total Common Equity	153M	149M	144M	149M	186M
Total Equity	153M	149M	144M	149M	186M
Total Liabilities And Equity	277M	266M	273M	284M	282M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	203M	203M	202M	206M	206M
ECS Total Common Shares Outstanding	203M	203M	202M	206M	206M
Book Value / Share	0.75	0.73	0.72	0.72	0.9
Tangible Book Value	-57.66M	-55.72M	-62.36M	-62.82M	-22.22M
Tangible Book Value Per Share	-0.28	-0.27	-0.31	-0.3	-0.11
Total Debt	82.99M	70.95M	74.99M	77.24M	32.55M
Net Debt	68.56M	62.32M	64.84M	63.96M	22.55M
Debt Equivalent Oper. Leases	19.95M	21.39M	21.51M	24.79M	28.33M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	2.31M	2.56M	2.36M	2.5M	2.99M
Full Time Employees	1.2K	1.32K	1.44K	1.57K	1.71K
Accumulated Allowance for Doubtful Accounts (Supple)	674K	350K	330K	363K	602K

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	7.4M	8.96M	9.42M	15.84M	54.17M
Depreciation & Amortization - CF	3.42M	3.87M	3.89M	3.75M	3.78M
Amortization of Goodwill and Intangible Assets - (CF)	7.15M	6.55M	6.58M	6.88M	7.03M
Depreciation & Amortization, Total	10.58M	10.41M	10.47M	10.63M	10.81M
Amortization of Deferred Charges, Total - (CF)	742K	1.06M	1.46M	1.75M	2.03M
(Gain) Loss From Sale Of Asset	-	-	-	-	-34.52M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	2.13M	4.08M	3.34M	3.89M	4.91M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	2.5M	724K	5.7M	1.83M	1.38M
Change In Accounts Receivable	-750K	-36K	-3.98M	-3.43M	-7.46M
Change In Accounts Payable	1.28M	6.04M	2.32M	3.6M	11.99M
Change in Other Net Operating Assets	-428K	-373K	-65K	442K	-379K
Cash from Operations	23.46M	30.88M	28.66M	34.56M	42.93M
Capital Expenditure	-2.02M	-1.15M	-1.05M	-640K	-1.85M
Cash Acquisitions	-7.54M	-336K	-1.47M	-8.27M	-405K
Divestitures	-	104K	-	-	37.04M
Sale (Purchase) of Intangible assets	-1.38M	-1.74M	-6.82M	-4.81M	-5.66M
Other Investing Activities, Total	135K	-477K	-34K	-23K	50K
Cash from Investing	-10.81M	-3.61M	-9.37M	-13.74M	29.17M
Long-Term Debt Issued, Total	13.25M	-	5.9M	11M	8M
Total Debt Issued	13.25M	-	5.9M	11M	8M
Long-Term Debt Repaid, Total	-2.05M	-14.07M	-4.74M	-9.96M	-54.95M
Total Debt Repaid	-2.05M	-14.07M	-4.74M	-9.96M	-54.95M
Issuance of Common Stock	776K	164K	33K	2.66M	27K
Repurchase of Common Stock	-499K	-3.17M	-3.32M	-2.2M	-5.62M
Common Dividends Paid	-13.41M	-13.48M	-13.83M	-15.33M	-18.02M
Common & Preferred Stock Dividends Paid	-13.41M	-13.48M	-13.83M	-15.33M	-18.02M
Other Financing Activities, Total	-1.83M	-2.53M	-1.79M	-3.84M	-4.81M
Cash from Financing	-3.76M	-33.08M	-17.76M	-17.68M	-75.38M
Net Change in Cash	8.89M	-5.81M	1.53M	3.14M	-3.28M
Supplemental Items
Cash Interest Paid	1.83M	1.9M	1.52M	3.3M	4.24M
Cash Income Tax Paid (Refund)	3.54M	3.3M	3.86M	4.87M	11.33M
Levered Free Cash Flow	20.98M	27.68M	18.56M	25.17M	33.55M
Unlevered Free Cash Flow	22.25M	28.62M	19.43M	27.07M	36.02M
Change In Net Working Capital	-1.57M	-5.36M	-44K	397K	-2.83M
Net Debt Issued / Repaid	11.2M	-14.07M	1.15M	1.04M	-46.95M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.01	3.59	4.26	5.72	7.6
Return on Total Capital	4.71	4.28	5.21	7.12	9.66
Return On Equity %	4.78	5.94	6.42	10.78	32.33
Return on Common Equity	4.78	5.94	6.42	10.78	32.33
Margin Analysis
Gross Profit Margin %	100	100	40.08	39.11	39.65
SG&A Margin	76.41	78.83	18.25	16.43	15.98
EBITDA Margin %	20.83	18.08	18.58	19.92	21.21
EBITA Margin %	20.11	17.32	17.98	19.38	20.76
EBIT Margin %	14.14	12.2	13.23	15.25	17.24
Income From Continuing Operations Margin %	6.18	7.01	6.8	9.51	27.16
Net Income Margin %	6.18	7.01	6.8	9.51	27.16
Net Avail. For Common Margin %	6.18	7.01	6.8	9.51	27.16
Normalized Net Income Margin	7.6	6.72	7.35	8.18	9.36
Levered Free Cash Flow Margin	17.52	21.64	13.39	15.11	16.82
Unlevered Free Cash Flow Margin	18.58	22.37	14.02	16.25	18.06
Asset Turnover
Asset Turnover	0.45	0.47	0.51	0.6	0.71
Fixed Assets Turnover	13.24	8.15	9.39	12.4	15.56
Receivables Turnover (Average Receivables)	6.46	6.81	7.47	8	7.8
Short Term Liquidity
Current Ratio	1.85	1.42	1.43	1.47	1.27
Quick Ratio	1.73	1.28	1.24	1.36	1.16
Operating Cash Flow to Current Liabilities	0.89	1.02	0.84	0.89	0.9
Days Sales Outstanding (Average Receivables)	56.66	53.6	48.84	45.65	46.94
Average Days Payable Outstanding	-	-	29.4	71.7	11.54
Long Term Solvency
Total Debt/Equity	54.26	47.59	51.92	51.74	17.52
Total Debt / Total Capital	35.18	32.25	34.18	34.1	14.9
LT Debt/Equity	52.6	45.94	50.02	49.93	16.51
Long-Term Debt / Total Capital	34.1	31.13	32.92	32.91	14.05
Total Liabilities / Total Assets	44.85	43.96	47.05	47.39	34.06
EBIT / Interest Expense	8.32	10.33	13.11	8.33	8.7
EBITDA / Interest Expense	13.52	17.22	20.59	11.82	11.43
(EBITDA - Capex) / Interest Expense	12.53	16.46	19.84	11.61	10.97
Total Debt / EBITDA	3.02	2.73	2.6	2.14	0.72
Net Debt / EBITDA	2.49	2.39	2.25	1.77	0.5
Total Debt / (EBITDA - Capex)	3.26	2.85	2.7	2.18	0.75
Net Debt / (EBITDA - Capex)	2.69	2.51	2.34	1.81	0.52
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.98	6.83	8.36	20.18	19.71
Gross Profit, 1 Yr. Growth %	8.98	6.83	11.28	17.27	21.36
EBITDA, 1 Yr. Growth %