TheWorks.co.uk plc (AIM:WRKS)

TheWorks.co.uk Income Statement

Financials in millions GBP. Fiscal year is June - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 4, 2025	May 5, 2024	Apr 30, 2023	May 1, 2022	May 2, 2021
Revenue	277.04	282.59	280.1	264.63	180.68
Revenue Growth (YoY)	-1.96%	0.89%	5.85%	46.46%	-19.71%
Cost of Revenue	229.76	232.17	231.15	215.43	170.28
Gross Profit	47.28	50.41	48.95	49.2	10.4
Selling, General & Admin	40.66	40.41	34.48	33.24	25.73
Other Operating Expenses	-0.01	-0.01	-0.01	-0.01	-0.01
Operating Expenses	40.65	40.4	34.47	33.24	25.72
Operating Income	6.63	10.01	14.48	15.97	-15.32
Interest Expense	-4.79	-4.52	-4.65	-5.19	-5.49
Interest & Investment Income	0.04	0.02	0.23	0.02	0.02
EBT Excluding Unusual Items	1.87	5.51	10.06	10.79	-20.79
Asset Writedown	6.47	1.41	-1.09	-2.26	0.91
Other Unusual Items	-	-	-	5.71	17.07
Pretax Income	8.34	6.92	8.97	14.24	-2.8
Income Tax Expense	0.17	0.54	-0.4	0.28	-0.5
Net Income	8.18	6.38	9.36	13.96	-2.3
Net Income to Common	8.18	6.38	9.36	13.96	-2.3
Net Income Growth	28.24%	-31.90%	-32.94%	-	-
Shares Outstanding (Basic)	63	63	63	63	63
Shares Outstanding (Diluted)	63	63	63	63	63
Shares Change (YoY)	-	-0.98%	-0.50%	1.50%	-
EPS (Basic)	0.13	0.10	0.15	0.22	-0.04
EPS (Diluted)	0.13	0.10	0.15	0.22	-0.04
EPS Growth	28.28%	-31.08%	-32.73%	-	-
Free Cash Flow	28.79	19.08	22.5	46.35	28.26
Free Cash Flow Per Share	0.46	0.30	0.36	0.73	0.45
Dividend Per Share	-	-	-	0.024	-
Gross Margin	17.07%	17.84%	17.48%	18.59%	5.76%
Operating Margin	2.39%	3.54%	5.17%	6.03%	-8.48%
Profit Margin	2.95%	2.26%	3.34%	5.28%	-1.27%
Free Cash Flow Margin	10.39%	6.75%	8.03%	17.51%	15.64%
EBITDA	10.48	13.67	19.63	20.01	-10.13
EBITDA Margin	3.78%	4.84%	7.01%	7.56%	-5.61%
D&A For EBITDA	3.85	3.66	5.15	4.04	5.19
EBIT	6.63	10.01	14.48	15.97	-15.32
EBIT Margin	2.39%	3.54%	5.17%	6.03%	-8.48%
Effective Tax Rate	1.98%	7.82%	-	1.94%	-

Updated Jan 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.