Tavistock Investments 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
Revenue	24.1	32.63	39.49	33.95	34	28.71
Revenue Growth (YoY)	-37.49%	-17.37%	16.30%	-0.14%	18.42%	-0.31%
Cost of Revenue	13.95	19.88	25	22.72	22.05	16.55
Gross Profit	10.15	12.75	14.49	11.24	11.95	12.17
Selling, General & Admin	8.26	9.98	14.87	12.11	17.06	10.49
Operating Expenses	8.26	9.98	14.87	12.11	17.06	10.49
Operating Income	1.89	2.77	-0.38	-0.87	-5.11	1.68
Interest Expense	-0.06	-	-	-	-0.14	-0.24
Interest & Investment Income	-	-	0.23	0.14	-	-
Earnings From Equity Investments	-	-	0.11	-0.22	-	-
Other Non Operating Income (Expenses)	-1.59	-1.7	-1.24	-0.55	-0.52	-0.29
EBT Excluding Unusual Items	0.23	1.07	-1.28	-1.5	-5.77	1.16
Impairment of Goodwill	-5.49	-5.49	-	-	-	-
Gain (Loss) on Sale of Investments	-2.68	-2.68	-	-	-	-
Gain (Loss) on Sale of Assets	20.03	20.03	-	-	35.78	-
Asset Writedown	-	-	-	-	-	-0.21
Other Unusual Items	-6.23	-6.23	-0.03	-0.07	-	-
Pretax Income	5.86	6.7	-1.31	-1.57	30	0.95
Income Tax Expense	0	0	-0.03	-0.17	0.36	0.16
Earnings From Continuing Operations	5.86	6.7	-1.27	-1.4	29.64	0.79
Net Income	5.86	6.7	-1.27	-1.4	29.64	0.79
Net Income to Common	5.86	6.7	-1.27	-1.4	29.64	0.79
Net Income Growth	-	-	-	-	3642.55%	-
Shares Outstanding (Basic)	560	560	560	557	592	608
Shares Outstanding (Diluted)	634	634	560	557	674	608
Shares Change (YoY)	13.14%	13.16%	0.67%	-17.36%	10.82%	5.44%
EPS (Basic)	0.01	0.01	-0.00	-0.00	0.05	0.00
EPS (Diluted)	0.01	0.01	-0.00	-0.00	0.04	0.00
EPS Growth	-	-	-	-	3284.62%	-
Free Cash Flow	-9.66	-5.79	-2.95	-2.97	-0.24	2.71
Free Cash Flow Per Share	-0.01	-0.01	-0.01	-0.01	-	0.00
Dividend Per Share	0.001	-	0.001	0.001	0.001	0.001
Dividend Growth	11.11%	-	28.57%	-	40.00%	-
Gross Margin	42.13%	39.06%	36.69%	33.09%	35.14%	42.38%
Operating Margin	7.84%	8.48%	-0.95%	-2.56%	-15.03%	5.84%
Profit Margin	24.32%	20.53%	-3.23%	-4.11%	87.17%	2.76%
Free Cash Flow Margin	-40.07%	-17.74%	-7.46%	-8.74%	-0.70%	9.42%
EBITDA	2.37	3.64	0.46	-0.15	-4.52	2.06
EBITDA Margin	9.83%	11.15%	1.18%	-0.43%	-13.30%	7.19%
D&A For EBITDA	0.48	0.87	0.84	0.72	0.59	0.39
EBIT	1.89	2.77	-0.38	-0.87	-5.11	1.68
EBIT Margin	7.84%	8.48%	-0.95%	-2.56%	-15.03%	5.84%
Effective Tax Rate	0.02%	0.01%	-	-	1.21%	16.46%

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