Marston's Income Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	Sep '25 Sep 27, 2025	Sep '24 Sep 28, 2024	Sep '23 Sep 30, 2023	Oct '22 Oct 1, 2022	Oct '21 Oct 2, 2021
Revenue	893.2	897.9	898.6	872.3	799.6	401.7
Revenue Growth (YoY)	-0.52%	-0.08%	3.02%	9.09%	99.05%	-22.08%
Cost of Revenue	407.5	414.3	432.5	436.6	420	286.6
Gross Profit	485.7	483.6	466.1	435.7	379.6	115.1
Amortization of Goodwill & Intangibles	4.9	4.9	5.3	5	4.4	3.8
Other Operating Expenses	281.8	281.8	275	269.1	221.3	133.8
Operating Expenses	327	327	320.3	314.6	265.5	176.5
Operating Income	158.7	156.6	145.8	121.1	114.1	-61.4
Interest Expense	-92	-93.6	-138.7	-122	17.3	-85
Interest & Investment Income	2.2	2.2	1.4	1.2	1.4	0.9
Earnings From Equity Investments	-	-	-	-	3.3	-14.5
EBT Excluding Unusual Items	69	65.2	8.5	0.3	136.1	-160
Asset Writedown	23.1	23.1	5.9	-30.9	21.6	-83.5
Other Unusual Items	-	-	-	-	5.7	72.4
Pretax Income	92.1	88.3	14.4	-30.6	163.4	-171.1
Income Tax Expense	17.5	16.7	-3.1	-11.4	26.2	-42.8
Earnings From Continuing Operations	74.6	71.6	17.5	-19.2	137.2	-128.3
Earnings From Discontinued Operations	-	-	-36	9.9	-	291.1
Net Income	74.6	71.6	-18.5	-9.3	137.2	162.8
Net Income to Common	74.6	71.6	-18.5	-9.3	137.2	162.8
Net Income Growth	130.25%	-	-	-	-15.72%	-
Shares Outstanding (Basic)	643	633	634	633	633	633
Shares Outstanding (Diluted)	643	645	657	633	643	633
Shares Change (YoY)	-5.52%	-1.74%	3.66%	-1.43%	1.53%	0.02%
EPS (Basic)	0.12	0.11	-0.03	-0.01	0.22	0.26
EPS (Diluted)	0.12	0.11	-0.03	-0.01	0.21	0.26
EPS Growth	140.01%	-	-	-	-16.74%	-
Free Cash Flow	116.3	138	161.2	75.9	63.9	-11.9
Free Cash Flow Per Share	0.18	0.21	0.25	0.12	0.10	-0.02
Gross Margin	54.38%	53.86%	51.87%	49.95%	47.47%	28.65%
Operating Margin	17.77%	17.44%	16.23%	13.88%	14.27%	-15.29%
Profit Margin	8.35%	7.97%	-2.06%	-1.07%	17.16%	40.53%
Free Cash Flow Margin	13.02%	15.37%	17.94%	8.70%	7.99%	-2.96%
EBITDA	186.4	185.4	174.3	149.8	141.6	-34.2
EBITDA Margin	20.87%	20.65%	19.40%	17.17%	17.71%	-8.51%
D&A For EBITDA	27.7	28.8	28.5	28.7	27.5	27.2
EBIT	158.7	156.6	145.8	121.1	114.1	-61.4
EBIT Margin	17.77%	17.44%	16.23%	13.88%	14.27%	-15.29%
Effective Tax Rate	19.00%	18.91%	-	-	16.03%	-

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