Mercia Asset Management 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	34.14	35.2	30.43	25.88	23.18
Revenue Growth	-3.02%	15.66%	17.59%	11.64%	-0.97%
Gross Profit	34.14	35.2	30.43	25.88	23.18
Selling, General & Admin	27.19	28.97	26.39	22.05	18.97
Amortization of Goodwill & Intangibles	2.99	2.99	2.99	2.34	2.03
Operating Expenses	30.17	31.96	29.38	24.39	21
Operating Income	3.96	3.24	1.06	1.49	2.18
Interest Expense	-0.08	-0.06	-0.06	-0.03	-0.02
Interest & Investment Income	1.3	2.63	4.22	2.43	4.45
EBT Excluding Unusual Items	5.18	5.81	5.22	3.89	6.62
Merger & Restructuring Charges	-	-	-	-0.37	-
Gain (Loss) on Sale of Investments	-12.84	-0	-12.89	0.35	21.26
Other Unusual Items	-	-0.45	-0.54	-1.46	-0.52
Pretax Income	-7.66	5.35	-8.21	2.41	27.36
Income Tax Expense	0.95	1.9	-0.63	-0.43	1.26
Net Income	-8.61	3.46	-7.59	2.84	26.1
Net Income to Common	-8.61	3.46	-7.59	2.84	26.1
Net Income Growth	-	-	-	-89.13%	-24.26%
Shares Outstanding (Basic)	430	432	445	441	440
Shares Outstanding (Diluted)	430	434	445	449	448
Shares Change	-1.02%	-2.36%	-1.03%	0.20%	1.90%
EPS (Basic)	-0.02	0.01	-0.02	0.01	0.06
EPS (Diluted)	-0.02	0.01	-0.02	0.01	0.06
EPS Growth	-	-	-	-89.18%	-25.67%

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	3.53	8.59	6.97	1.12	9.07
Free Cash Flow Per Share	0.01	0.02	0.02	0.00	0.02
Dividend Per Share	0.010	0.009	0.009	0.009	0.008
Dividend Growth	5.26%	5.56%	4.65%	7.50%	100.00%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	11.61%	9.20%	3.47%	5.77%	9.42%
Profit Margin	-25.23%	9.81%	-24.92%	10.96%	112.58%
Free Cash Flow Margin	10.35%	24.41%	22.91%	4.34%	39.14%
EBITDA	7.07	6.33	4.15	3.9	4.29
EBITDA Margin	20.71%	17.99%	13.64%	15.07%	18.49%
D&A For EBITDA	3.11	3.09	3.09	2.41	2.1
EBIT	3.96	3.24	1.06	1.49	2.18
EBIT Margin	11.61%	9.20%	3.47%	5.77%	9.42%
Effective Tax Rate	-	35.45%	-	-	4.61%