Ricardo Income Statement

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

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	Jun '20 Jun 30, 2020
Revenue	476.2	474.7	445.2	380.2	343.7	352
Revenue Growth (YoY)	19.02%	6.63%	17.10%	10.62%	-2.36%	-8.43%
Cost of Revenue	337.6	340.1	318.9	260.7	230.7	236.9
Gross Profit	138.6	134.6	126.3	119.5	113	115.1
Selling, General & Admin	96.6	101.1	96.1	88.2	88.7	93.8
Other Operating Expenses	-1.3	-1.2	-1.2	-0.5	-1.2	-1.3
Operating Expenses	95.5	100.1	96.7	97.5	96.2	101.2
Operating Income	43.1	34.5	29.6	22	16.8	13.9
Interest Expense	-10.3	-9.6	-7.1	-4.4	-5.4	-4.7
Interest & Investment Income	0.9	0.4	0.4	0.4	0.8	0.4
EBT Excluding Unusual Items	33.7	25.3	22.9	18	12.2	9.6
Merger & Restructuring Charges	-11.6	-11.8	-26.4	-5	-7.1	-14.9
Asset Writedown	-	-	-	-	-1.5	-
Other Unusual Items	-3.4	-9.2	-4.5	-0.6	-1.6	-
Pretax Income	4.7	4.3	-8	12.4	2	-5.3
Income Tax Expense	5.9	3.5	4	4.2	1.8	1.1
Earnings From Continuing Operations	-1.2	0.8	-12	8.2	0.2	-6.4
Earnings From Discontinued Operations	32.6	-	6.8	0.4	1.5	-
Net Income to Company	31.4	0.8	-5.2	8.6	1.7	-6.4
Minority Interest in Earnings	-	-0.1	-0.2	-	-	-0.1
Net Income	31.4	0.7	-5.4	8.6	1.7	-6.5
Net Income to Common	31.4	0.7	-5.4	8.6	1.7	-6.5
Net Income Growth	-	-	-	405.88%	-	-
Shares Outstanding (Basic)	62	62	62	62	59	53
Shares Outstanding (Diluted)	63	63	62	62	59	53
Shares Change (YoY)	0.97%	0.97%	-	5.60%	10.30%	-0.37%
EPS (Basic)	0.50	0.01	-0.09	0.14	0.03	-0.12
EPS (Diluted)	0.50	0.01	-0.09	0.14	0.03	-0.12
EPS Growth	-	-	-	385.71%	-	-
Free Cash Flow	1.4	21.8	5	37.5	21.4	1.7
Free Cash Flow Per Share	0.02	0.35	0.08	0.60	0.36	0.03
Dividend Per Share	0.106	0.127	0.120	0.104	0.069	0.062
Dividend Growth	-14.59%	6.19%	15.00%	51.60%	9.94%	-70.68%
Gross Margin	29.10%	28.36%	28.37%	31.43%	32.88%	32.70%
Operating Margin	9.05%	7.27%	6.65%	5.79%	4.89%	3.95%
Profit Margin	6.59%	0.15%	-1.21%	2.26%	0.50%	-1.85%
Free Cash Flow Margin	0.29%	4.59%	1.12%	9.86%	6.23%	0.48%
EBITDA	50.4	43.4	38.4	32.2	27.5	25.1
EBITDA Margin	10.58%	9.14%	8.63%	8.47%	8.00%	7.13%
D&A For EBITDA	7.3	8.9	8.8	10.2	10.7	11.2
EBIT	43.1	34.5	29.6	22	16.8	13.9
EBIT Margin	9.05%	7.27%	6.65%	5.79%	4.89%	3.95%
Effective Tax Rate	125.53%	81.39%	-	33.87%	90.00%	-

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