Softcat Income Statement

Financials in millions GBP. Fiscal year is August - July.

Millions GBP. Fiscal year is Aug - Jul.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Revenue	1,458	962.63	985.3	1,078	784.05
Revenue Growth (YoY)	51.50%	-2.30%	-8.60%	37.48%	-27.21%
Cost of Revenue	964.13	544.88	611.47	750.74	507.69
Gross Profit	494.28	417.75	373.83	327.21	276.36
Selling, General & Admin	310.6	262.13	231.41	190.51	156.65
Amortization of Goodwill & Intangibles	3.55	1.56	1.53	0.56	0.3
Operating Expenses	314.15	263.69	232.94	191.07	156.94
Operating Income	180.13	154.06	140.9	136.15	119.42
Interest Expense	-2.05	-0.44	-0.21	-0.25	-0.48
Interest & Investment Income	7.35	5.78	1.17	0.25	0.03
EBT Excluding Unusual Items	185.43	159.4	141.86	136.14	118.97
Merger & Restructuring Charges	-0.72	-	-	-	-
Other Unusual Items	-6.51	-	-	-	-
Pretax Income	178.2	159.4	141.86	136.14	118.97
Income Tax Expense	45.19	40.36	29.84	25.74	22.78
Net Income	133.01	119.04	112.03	110.41	96.19
Net Income to Common	133.01	119.04	112.03	110.41	96.19
Net Income Growth	11.73%	6.26%	1.47%	14.78%	27.12%
Shares Outstanding (Basic)	200	199	199	199	199
Shares Outstanding (Diluted)	201	201	200	200	199
Shares Change (YoY)	0.17%	0.18%	0.26%	0.10%	0.15%
EPS (Basic)	0.67	0.60	0.56	0.55	0.48
EPS (Diluted)	0.66	0.59	0.56	0.55	0.48
EPS Growth	11.45%	6.07%	1.27%	14.73%	26.84%
Free Cash Flow	128.93	114.49	102.26	81.75	88.99
Free Cash Flow Per Share	0.64	0.57	0.51	0.41	0.45
Dividend Per Share	0.293	0.266	0.250	0.239	0.208
Dividend Growth	10.15%	6.40%	4.60%	14.90%	25.30%
Gross Margin	33.89%	43.40%	37.94%	30.35%	35.25%
Operating Margin	12.35%	16.00%	14.30%	12.63%	15.23%
Profit Margin	9.12%	12.37%	11.37%	10.24%	12.27%
Free Cash Flow Margin	8.84%	11.89%	10.38%	7.58%	11.35%
EBITDA	183.46	156.7	143.36	138.52	121.75
EBITDA Margin	12.58%	16.28%	14.55%	12.85%	15.53%
D&A For EBITDA	3.33	2.63	2.47	2.37	2.33
EBIT	180.13	154.06	140.9	136.15	119.42
EBIT Margin	12.35%	16.00%	14.30%	12.63%	15.23%
Effective Tax Rate	25.36%	25.32%	21.03%	18.91%	19.15%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.