James Latham Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	393.04	366.61	366.51	408.37	385.37
Revenue Growth	7.21%	0.03%	-10.25%	5.97%	54.05%
Cost of Revenue	328.19	305.16	304.42	328.36	293.84
Gross Profit	64.85	61.45	62.1	80.01	91.53
Selling, General & Admin	41.84	40.26	35.2	36.06	33.38
Operating Expenses	41.84	40.26	35.2	36.06	33.38
Operating Income	23.01	21.19	26.9	43.95	58.15
Interest Expense	-0.36	-0.35	-0.19	-0.26	-0.22
Interest & Investment Income	2.45	3.44	3.56	0.82	0.03
EBT Excluding Unusual Items	25.09	24.28	30.26	44.51	57.95
Pretax Income	25.09	24.28	30.26	44.51	57.95
Income Tax Expense	6.49	6.14	7.6	8.59	12.31
Net Income	18.6	18.15	22.66	35.92	45.64
Net Income to Common	18.6	18.15	22.66	35.92	45.64
Net Income Growth	2.50%	-19.92%	-36.91%	-21.30%	204.65%
Shares Outstanding (Basic)	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20
Shares Change	-0.28%	0.24%	0.43%	0.25%	0.39%
EPS (Basic)	0.93	0.90	1.13	1.80	2.29
EPS (Diluted)	0.92	0.90	1.13	1.79	2.28
EPS Growth	2.78%	-20.16%	-37.16%	-21.51%	203.59%

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	-7.01	3.56	17.98	31.63	16.35
Free Cash Flow Per Share	-0.35	0.18	0.89	1.58	0.82
Dividend Per Share	0.367	0.352	0.338	0.281	0.255
Dividend Growth	4.11%	4.44%	20.32%	10.00%	20.28%
Gross Margin	16.50%	16.76%	16.94%	19.59%	23.75%
Operating Margin	5.85%	5.78%	7.34%	10.76%	15.09%
Profit Margin	4.73%	4.95%	6.18%	8.79%	11.84%
Free Cash Flow Margin	-1.78%	0.97%	4.91%	7.75%	4.24%
EBITDA	27.24	24.89	30.08	46.89	60.97
EBITDA Margin	6.93%	6.79%	8.21%	11.48%	15.82%
D&A For EBITDA	4.23	3.7	3.18	2.94	2.83
EBIT	23.01	21.19	26.9	43.95	58.15
EBIT Margin	5.85%	5.78%	7.34%	10.76%	15.09%
Effective Tax Rate	25.87%	25.27%	25.12%	19.30%	21.24%