Polar Capital Holdings Plc (AIM: POLR)

Polar Capital Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	208.79	195.07	182.88	224.11	201.51	151.71
Other Revenue	5.34	2.19	5.23	-0.79	6.44	2.56
Revenue	214.13	197.25	188.11	223.32	207.95	154.27
Revenue Growth (YoY)	19.36%	4.86%	-15.77%	7.39%	34.79%	-13.82%
Cost of Revenue	25.18	22.66	21.38	22.64	15.39	11.3
Gross Profit	188.95	174.59	166.72	200.67	192.56	142.97
Selling, General & Admin	128.68	116.39	110.41	128.13	95.34	69.96
Other Operating Expenses	-	-	-	-	18.97	19.24
Operating Expenses	132.32	120.03	113.74	131.4	115.71	90.56
Operating Income	56.63	54.57	52.99	69.27	76.85	52.41
Interest Expense	-0.2	-0.21	-0.18	-	-	-
Currency Exchange Gain (Loss)	0.33	0.33	-2.65	-1.4	1.86	-1.53
EBT Excluding Unusual Items	56.76	54.69	50.16	67.88	78.72	50.88
Merger & Restructuring Charges	-	-	-	-2.9	-1.91	-
Asset Writedown	-	-	-	-6	-0.42	-
Other Unusual Items	-	-	-4.96	3.11	-0.47	-
Pretax Income	56.76	54.69	45.2	62.09	75.92	50.88
Income Tax Expense	14.96	13.9	9.59	13.17	13.2	10.7
Net Income	41.81	40.79	35.61	48.92	62.72	40.19
Net Income to Common	41.81	40.79	35.61	48.92	62.72	40.19
Net Income Growth	22.39%	14.55%	-27.21%	-21.99%	56.07%	-23.29%
Shares Outstanding (Basic)	96	96	97	96	93	92
Shares Outstanding (Diluted)	98	98	99	100	98	97
Shares Change (YoY)	-0.99%	-0.97%	-1.83%	2.60%	0.67%	-0.38%
EPS (Basic)	0.43	0.42	0.37	0.51	0.67	0.44
EPS (Diluted)	0.43	0.42	0.36	0.49	0.64	0.41
EPS Growth	23.63%	15.79%	-25.87%	-23.91%	54.96%	-22.95%
Free Cash Flow	53.77	41.59	44.41	72.87	76.71	42.03
Free Cash Flow Per Share	0.55	0.43	0.45	0.73	0.78	0.43
Dividend Per Share	0.460	0.460	0.460	0.460	0.400	0.330
Dividend Growth	43.75%	0%	0%	15.00%	21.21%	0%
Gross Margin	88.24%	88.51%	88.63%	89.86%	92.60%	92.68%
Operating Margin	26.45%	27.66%	28.17%	31.02%	36.96%	33.97%
Profit Margin	19.52%	20.68%	18.93%	21.91%	30.16%	26.05%
Free Cash Flow Margin	25.11%	21.09%	23.61%	32.63%	36.89%	27.25%
EBITDA	63.64	56.18	54.55	71.43	77.14	52.66
EBITDA Margin	29.72%	28.48%	29.00%	31.99%	37.10%	34.14%
D&A For EBITDA	7.01	1.61	1.56	2.16	0.29	0.25
EBIT	56.63	54.57	52.99	69.27	76.85	52.41
EBIT Margin	26.45%	27.66%	28.17%	31.02%	36.96%	33.97%
Effective Tax Rate	26.35%	25.41%	21.22%	21.20%	17.38%	21.02%
Revenue as Reported	214.47	197.59	185.46	225.67	209.81	152.74

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