Polar Capital Holdings Income Statement

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	222.94	222.11	195.07	182.88	224.11	201.51
Other Revenue	5.82	4	2.52	5.23	-0.79	6.44
Revenue	228.77	226.11	197.59	188.11	223.32	207.95
Revenue Growth (YoY)	7.36%	14.44%	5.04%	-15.77%	7.39%	34.79%
Cost of Revenue	29.49	27.78	22.66	21.38	22.64	15.39
Gross Profit	199.28	198.33	174.93	166.72	200.67	192.56
Selling, General & Admin	131.58	129.22	116.39	110.41	128.13	95.34
Amortization of Goodwill & Intangibles	14.77	14.77	1.16	1.16	1.87	-
Other Operating Expenses	-	-	-	-	-	18.97
Operating Expenses	148.51	146.48	120.03	113.74	131.4	115.71
Operating Income	50.77	51.85	54.9	52.99	69.27	76.85
Interest Expense	-0.22	-0.21	-0.21	-0.18	-	-
Currency Exchange Gain (Loss)	-0.11	-	-	-2.65	-1.4	1.86
EBT Excluding Unusual Items	50.44	51.65	54.69	50.16	67.88	78.72
Merger & Restructuring Charges	-	-	-	-	-2.9	-1.91
Asset Writedown	0.56	-	-	-	-6	-0.42
Other Unusual Items	-	-	-	-4.96	3.11	-0.47
Pretax Income	56.41	51.65	54.69	45.2	62.09	75.92
Income Tax Expense	17.3	16.34	13.9	9.59	13.17	13.2
Net Income	39.1	35.31	40.79	35.61	48.92	62.72
Net Income to Common	39.1	35.31	40.79	35.61	48.92	62.72
Net Income Growth	-6.47%	-13.44%	14.55%	-27.21%	-21.99%	56.07%
Shares Outstanding (Basic)	97	97	96	97	96	93
Shares Outstanding (Diluted)	98	98	98	99	100	98
Shares Change (YoY)	0.19%	0.18%	-0.97%	-1.83%	2.60%	0.67%
EPS (Basic)	0.40	0.37	0.42	0.37	0.51	0.67
EPS (Diluted)	0.40	0.36	0.42	0.36	0.49	0.64
EPS Growth	-6.80%	-13.64%	15.79%	-25.87%	-23.91%	54.96%
Free Cash Flow	48.34	63.81	41.59	44.41	72.87	76.71
Free Cash Flow Per Share	0.49	0.65	0.43	0.45	0.72	0.78
Dividend Per Share	0.460	0.460	0.460	0.460	0.460	0.400
Dividend Growth	-	-	-	-	15.00%	21.21%
Gross Margin	87.11%	87.72%	88.53%	88.63%	89.86%	92.60%
Operating Margin	22.19%	22.93%	27.79%	28.17%	31.02%	36.96%
Profit Margin	17.09%	15.62%	20.65%	18.93%	21.91%	30.16%
Free Cash Flow Margin	21.13%	28.22%	21.05%	23.61%	32.63%	36.89%
EBITDA	54.09	55.5	58.53	54.55	71.43	77.14
EBITDA Margin	23.64%	24.55%	29.63%	29.00%	31.99%	37.10%
D&A For EBITDA	3.32	3.65	3.63	1.56	2.16	0.29
EBIT	50.77	51.85	54.9	52.99	69.27	76.85
EBIT Margin	22.19%	22.93%	27.79%	28.17%	31.02%	36.96%
Effective Tax Rate	30.68%	31.63%	25.41%	21.22%	21.20%	17.38%
Revenue as Reported	228.66	226.11	197.59	185.46	225.67	209.81

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