Smiths News Income Statement

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

Millions GBP. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 30, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 26, 2023	Aug '22 Aug 27, 2022	Aug '21 Aug 28, 2021
Revenue	1,064	1,104	1,092	1,089	1,110
Revenue Growth (YoY)	-3.60%	1.08%	0.24%	-1.83%	-4.71%
Cost of Revenue	988.9	1,031	1,019	1,017	1,036
Gross Profit	75.1	73.2	72.5	72.7	73.4
Selling, General & Admin	35.8	33.8	33.7	35	34.8
Other Operating Expenses	-	-	-	-0.1	-
Operating Expenses	32.2	33.3	33.8	43.7	34.8
Operating Income	42.9	39.9	38.7	29	38.6
Interest Expense	-3.4	-6.1	-6.4	-6.8	-8.6
Interest & Investment Income	0.3	0.4	-	-	3.6
Earnings From Equity Investments	-0.1	-0.2	0.1	0.3	-0.2
Other Non Operating Income (Expenses)	-0.2	-0.2	-0.1	-0.2	-0.2
EBT Excluding Unusual Items	39.5	33.8	32.3	22.3	33.2
Merger & Restructuring Charges	-0.8	-0.2	-0.7	-0.7	-1
Gain (Loss) on Sale of Investments	-	0.3	-	1.2	-1.6
Other Unusual Items	-0.8	0.2	0.2	5.1	-
Pretax Income	37.9	34.1	31.8	27.9	30.6
Income Tax Expense	9.6	8.6	6.7	4.5	4.3
Earnings From Continuing Operations	28.3	25.5	25.1	23.4	26.3
Earnings From Discontinued Operations	-	-	-	-	-0.1
Net Income to Company	28.3	25.5	25.1	23.4	26.2
Net Income	28.3	25.5	25.1	23.4	26.2
Net Income to Common	28.3	25.5	25.1	23.4	26.2
Net Income Growth	10.98%	1.59%	7.27%	-10.69%	-
Shares Outstanding (Basic)	242	240	237	239	244
Shares Outstanding (Diluted)	250	251	250	252	255
Shares Change (YoY)	-0.36%	0.48%	-0.83%	-1.10%	3.07%
EPS (Basic)	0.12	0.11	0.11	0.10	0.11
EPS (Diluted)	0.11	0.10	0.10	0.09	0.10
EPS Growth	10.78%	2.00%	7.53%	-8.47%	-
Free Cash Flow	45.5	19	33.8	48.5	39
Free Cash Flow Per Share	0.18	0.08	0.14	0.19	0.15
Dividend Per Share	0.056	0.051	0.042	0.042	0.017
Dividend Growth	7.77%	24.10%	-	151.51%	-
Gross Margin	7.06%	6.63%	6.64%	6.67%	6.62%
Operating Margin	4.03%	3.62%	3.54%	2.66%	3.48%
Profit Margin	2.66%	2.31%	2.30%	2.15%	2.36%
Free Cash Flow Margin	4.28%	1.72%	3.10%	4.45%	3.52%
EBITDA	45.4	42.1	40.9	31.3	41
EBITDA Margin	4.27%	3.81%	3.75%	2.87%	3.69%
D&A For EBITDA	2.5	2.2	2.2	2.3	2.4
EBIT	42.9	39.9	38.7	29	38.6
EBIT Margin	4.03%	3.62%	3.54%	2.66%	3.48%
Effective Tax Rate	25.33%	25.22%	21.07%	16.13%	14.05%

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