Polar Capital Holdings Plc (AIM:POLR)

Polar Capital Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	222.11	195.07	182.88	224.11	201.51
Other Revenue	4	2.52	5.23	-0.79	6.44
Revenue	226.11	197.59	188.11	223.32	207.95
Revenue Growth (YoY)	14.44%	5.04%	-15.77%	7.39%	34.79%
Cost of Revenue	27.78	22.66	21.38	22.64	15.39
Gross Profit	198.33	174.93	166.72	200.67	192.56
Selling, General & Admin	129.22	116.39	110.41	128.13	95.34
Other Operating Expenses	-	-	-	-	18.97
Operating Expenses	146.48	120.03	113.74	131.4	115.71
Operating Income	51.85	54.9	52.99	69.27	76.85
Interest Expense	-0.21	-0.21	-0.18	-	-
Currency Exchange Gain (Loss)	-	-	-2.65	-1.4	1.86
EBT Excluding Unusual Items	51.65	54.69	50.16	67.88	78.72
Merger & Restructuring Charges	-	-	-	-2.9	-1.91
Asset Writedown	-	-	-	-6	-0.42
Other Unusual Items	-	-	-4.96	3.11	-0.47
Pretax Income	51.65	54.69	45.2	62.09	75.92
Income Tax Expense	16.34	13.9	9.59	13.17	13.2
Net Income	35.31	40.79	35.61	48.92	62.72
Net Income to Common	35.31	40.79	35.61	48.92	62.72
Net Income Growth	-13.44%	14.55%	-27.21%	-21.99%	56.07%
Shares Outstanding (Basic)	97	96	97	96	93
Shares Outstanding (Diluted)	98	98	99	100	98
Shares Change (YoY)	0.18%	-0.97%	-1.83%	2.60%	0.67%
EPS (Basic)	0.37	0.42	0.37	0.51	0.67
EPS (Diluted)	0.36	0.42	0.36	0.49	0.64
EPS Growth	-13.64%	15.79%	-25.87%	-23.91%	54.96%
Free Cash Flow	63.81	41.59	44.41	72.87	76.71
Free Cash Flow Per Share	0.65	0.43	0.45	0.72	0.78
Dividend Per Share	0.460	0.460	0.460	0.460	0.400
Dividend Growth	-	-	-	15.00%	21.21%
Gross Margin	87.72%	88.53%	88.63%	89.86%	92.60%
Operating Margin	22.93%	27.79%	28.17%	31.02%	36.96%
Profit Margin	15.62%	20.65%	18.93%	21.91%	30.16%
Free Cash Flow Margin	28.22%	21.05%	23.61%	32.63%	36.89%
EBITDA	55.5	58.53	54.55	71.43	77.14
EBITDA Margin	24.55%	29.63%	29.00%	31.99%	37.10%
D&A For EBITDA	3.65	3.63	1.56	2.16	0.29
EBIT	51.85	54.9	52.99	69.27	76.85
EBIT Margin	22.93%	27.79%	28.17%	31.02%	36.96%
Effective Tax Rate	31.63%	25.41%	21.22%	21.20%	17.38%
Revenue as Reported	226.11	197.59	185.46	225.67	209.81

Updated Nov 18, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.