Mercia Asset Management PLC (AIM:MERC)

Mercia Asset Management Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	34.49	35.2	30.43	25.88	23.18	23.41
Revenue Growth (YoY)	3.58%	15.66%	17.59%	11.64%	-0.97%	83.65%
Gross Profit	34.49	35.2	30.43	25.88	23.18	23.41
Selling, General & Admin	27.74	28.97	26.39	22.05	18.97	17.1
Amortization of Goodwill & Intangibles	2.99	2.99	2.99	2.34	2.03	2.32
Operating Expenses	30.58	31.96	29.38	24.39	21	19.41
Operating Income	3.91	3.24	1.06	1.49	2.18	4
Interest Expense	-0.07	-0.06	-0.06	-0.03	-0.02	-0.02
Interest & Investment Income	2.23	2.63	4.22	2.43	4.45	0.07
EBT Excluding Unusual Items	6.07	5.81	5.22	3.89	6.62	4.04
Merger & Restructuring Charges	-	-	-	-0.37	-	-
Gain (Loss) on Sale of Investments	-0.53	-0	-12.89	0.35	21.26	30.34
Other Unusual Items	-0.16	-0.45	-0.54	-1.46	-0.52	-0.37
Pretax Income	5.38	5.35	-8.21	2.41	27.36	34.02
Income Tax Expense	2.02	1.9	-0.63	-0.43	1.26	-0.44
Net Income	3.36	3.46	-7.59	2.84	26.1	34.46
Net Income to Common	3.36	3.46	-7.59	2.84	26.1	34.46
Net Income Growth	-	-	-	-89.13%	-24.26%	-
Shares Outstanding (Basic)	431	432	445	441	440	440
Shares Outstanding (Diluted)	433	434	445	449	448	440
Shares Change (YoY)	-1.04%	-2.36%	-1.03%	0.20%	1.90%	28.83%
EPS (Basic)	0.01	0.01	-0.02	0.01	0.06	0.08
EPS (Diluted)	0.01	0.01	-0.02	0.01	0.06	0.08
EPS Growth	-	-	-	-89.18%	-25.67%	-
Free Cash Flow	4.26	8.59	6.97	1.12	9.07	5.56
Free Cash Flow Per Share	0.01	0.02	0.02	0.00	0.02	0.01
Dividend Per Share	0.010	0.009	0.009	0.009	0.008	0.004
Dividend Growth	5.44%	5.56%	4.65%	7.50%	100.00%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	11.34%	9.20%	3.47%	5.77%	9.42%	17.07%
Profit Margin	9.74%	9.81%	-24.92%	10.96%	112.58%	147.19%
Free Cash Flow Margin	12.35%	24.41%	22.91%	4.34%	39.14%	23.75%
EBITDA	7.01	6.33	4.15	3.9	4.29	6.38
EBITDA Margin	20.32%	17.99%	13.64%	15.07%	18.49%	27.27%
D&A For EBITDA	3.1	3.09	3.09	2.41	2.1	2.39
EBIT	3.91	3.24	1.06	1.49	2.18	4
EBIT Margin	11.34%	9.20%	3.47%	5.77%	9.42%	17.07%
Effective Tax Rate	37.57%	35.45%	-	-	4.61%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.