Impax Asset Management Group Plc (AIM: IPX)

IPX Income Statement

Financials in millions GBP. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Revenue	176.56	178.37	175.4	143.06	87.51	73.7
Revenue Growth (YoY)	1.05%	1.69%	22.61%	63.47%	18.75%	12.20%
Cost of Revenue	92.13	93.24	86.63	75.93	53.54	42.35
Gross Profit	84.43	85.12	88.77	67.12	33.97	31.35
Selling, General & Admin	17.4	17.4	12.93	10.57	7.63	8.55
Research & Development	1.17	1.17	0.98	0.78	0.57	0.32
Other Operating Expenses	7.24	7.24	5.42	4.12	3.92	4.26
Operating Expenses	30.88	30.88	23.59	19.52	16.39	16.08
Operating Income	53.55	54.25	65.18	47.6	17.58	15.27
Interest Expense	-0.47	-0.5	-0.57	-0.55	-0.81	-0.91
Interest & Investment Income	3.4	2.87	0.55	0.13	0.22	0.24
Currency Exchange Gain (Loss)	-1.37	-4.77	7.25	-1.42	-1.11	0.72
EBT Excluding Unusual Items	55.11	51.84	72.41	45.76	15.88	15.31
Gain (Loss) on Sale of Investments	0.16	0.27	0.15	0.16	0.8	0.1
Other Unusual Items	-	-	-	-0.17	-	3.33
Pretax Income	55.27	52.11	72.56	45.75	16.68	18.74
Income Tax Expense	14.6	12.88	13.08	5.5	2.94	3.03
Earnings From Continuing Operations	40.67	39.22	59.48	40.25	13.74	15.71
Minority Interest in Earnings	-	-	-	-	-	0.16
Net Income	40.67	39.22	59.48	40.25	13.74	15.87
Preferred Dividends & Other Adjustments	-	-	-	-	0.5	0.87
Net Income to Common	40.67	39.22	59.48	40.25	13.24	15
Net Income Growth	-18.07%	-34.06%	47.80%	192.95%	-13.43%	39.20%
Shares Outstanding (Basic)	128	129	129	128	125	123
Shares Outstanding (Diluted)	131	132	133	133	126	124
Shares Change (YoY)	-0.97%	-1.20%	0.38%	5.44%	1.43%	3.74%
EPS (Basic)	0.32	0.30	0.46	0.32	0.11	0.12
EPS (Diluted)	0.31	0.30	0.45	0.30	0.10	0.12
EPS Growth	-17.31%	-33.33%	47.52%	188.57%	-13.22%	35.96%
Free Cash Flow	50.35	37.83	70.48	55.11	23.59	19.87
Free Cash Flow Per Share	0.38	0.29	0.53	0.42	0.19	0.16
Dividend Per Share	0.276	0.276	0.276	0.206	0.086	0.055
Dividend Growth	0%	0%	33.98%	139.53%	56.36%	34.15%
Gross Margin	47.82%	47.72%	50.61%	46.92%	38.82%	42.54%
Operating Margin	30.33%	30.41%	37.16%	33.27%	20.09%	20.72%
Profit Margin	23.03%	21.99%	33.91%	28.13%	15.12%	20.36%
Free Cash Flow Margin	28.52%	21.21%	40.18%	38.52%	26.96%	26.96%
EBITDA	56.05	57.6	68.14	50.37	20.53	18.17
EBITDA Margin	31.75%	32.29%	38.85%	35.21%	23.46%	24.66%
D&A For EBITDA	2.5	3.35	2.96	2.77	2.95	2.9
EBIT	53.55	54.25	65.18	47.6	17.58	15.27
EBIT Margin	30.33%	30.41%	37.16%	33.27%	20.09%	20.72%
Effective Tax Rate	26.42%	24.73%	18.02%	12.03%	17.65%	16.16%

Source: S&P Capital IQ. Standard template. Financial Sources.