Balance Sheet Begbies Traynor Group plc

Equities

BEG

GB00B0305S97

Business Support Services

Market Closed - London S.E. Other stock markets 09:05:19 19/09/2024 pm IST			5-day change	1st Jan Change
101.00 ^GBX	-0.98%		+2.02%	-13.68%

17/09	EARNINGS AND TRADING: McBride swings to profit; Headlam in the red	AN
22/07	Begbies Traynor says more than 600,000 UK firms in financial distress	AN

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Published financial data: BEGBIES TRAYNOR GROUP PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: April	2020	2021	2022	2023	2024
Revenues	70.5M	83.83M	110M	122M	137M
Total Revenues	70.5M	83.83M	110M	122M	137M
Cost of Goods Sold, Total	40.32M	48.28M	62.17M	67.7M	77.84M
Gross Profit	30.19M	35.55M	47.84M	54.12M	58.89M
Selling General & Admin Expenses, Total	26.7M	27.28M	34.88M	38.74M	41.04M
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	-363K	-179K	-155K	-208K	-479K
Other Operating Expenses, Total	26.33M	27.1M	34.73M	38.53M	40.56M
Operating Income	3.85M	8.45M	13.11M	15.6M	18.32M
Interest Expense, Total	-908K	-818K	-760K	-1.1M	-1.86M
Net Interest Expenses	-908K	-818K	-760K	-1.1M	-1.86M
Other Non Operating Income (Expenses)	-60K	-65K	-75K	-65K	-71K
EBT, Excl. Unusual Items	2.88M	7.56M	12.27M	14.42M	16.39M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-5.89M	-10.2M	-12.74M	-11.45M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Other Unusual Items	-	231K	1.97M	4.3M	830K
EBT, Incl. Unusual Items	2.88M	1.91M	4.05M	5.98M	5.76M
Income Tax Expense	1.95M	1.75M	4.55M	3.07M	4.31M
Earnings From Continuing Operations	931K	153K	-500K	2.91M	1.45M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	931K	153K	-500K	2.91M	1.45M
Net Income - (IS)	931K	153K	-500K	2.91M	1.45M
Net Income to Common Incl Extra Items	931K	153K	-500K	2.91M	1.45M
Net Income to Common Excl. Extra Items	931K	153K	-500K	2.91M	1.45M
Per Share Items
Net EPS - Basic	0.01	0	-0	0.02	0.01
Basic EPS - Continuing Operations	0.01	0	-0	0.02	0.01
Basic Weighted Average Shares Outstanding	126M	133M	155M	156M	159M
Net EPS - Diluted	0.01	0	-0	0.02	0.01
Diluted EPS - Continuing Operations	0.01	0	-0	0.02	0.01
Diluted Weighted Average Shares Outstanding	127M	137M	161M	162M	164M
Normalized Basic EPS	0.01	0.04	0.05	0.06	0.06
Normalized Diluted EPS	0.01	0.03	0.05	0.06	0.06
Dividend Per Share	0.03	0.03	0.04	0.04	0.04
Payout Ratio	342.11	2.34K	-910.6	185.06	409.37
Supplemental Items
EBITDA	7.88M	12.35M	19.63M	22.94M	19.47M
EBITA	7.17M	11.5M	18.59M	21.82M	18.32M
EBIT	3.85M	8.45M	13.11M	15.6M	18.32M
EBITDAR	-	12.84M	20.51M	23.78M	20.08M
Effective Tax Rate - (Ratio)	67.72	91.98	112.35	51.36	74.81
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	2.54M	2.73M	4.45M	4.99M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-789K	1.82M	-1.37M	-680K
Normalized Net Income	1.8M	4.73M	7.67M	9.02M	10.24M
Interest on Long-Term Debt	908K	820K	760K	1.1M	1.86M
Supplemental Operating Expense Items
General and Administrative Expenses	26.7M	27.28M	34.88M	38.74M	41.04M
Net Rental Expense, Total	-	490K	880K	846K	601K
Imputed Operating Lease Interest Expense	-	199K	425K	609K	563K
Imputed Operating Lease Depreciation	-	291K	455K	237K	38.21K
Stock-Based Comp., Other (Total)	102K	1.6M	2.4M	1.62M	941K
Total Stock-Based Compensation	102K	1.6M	2.4M	1.62M	941K

Fiscal Period: April	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	7.25M	7.99M	9.68M	8M	5.56M
Total Cash And Short Term Investments	7.25M	7.99M	9.68M	8M	5.56M
Accounts Receivable, Total	29.98M	40.5M	44.27M	49.14M	58.28M
Other Receivables	1.99M	2.57M	2.72M	2.99M	3.12M
Total Receivables	31.97M	43.07M	46.99M	52.13M	61.4M
Other Current Assets, Total	4.49M	2.35M	2.68M	3.42M	2.24M
Total Current Assets	43.71M	53.41M	59.35M	63.55M	69.19M
Gross Property Plant And Equipment	-	28.48M	29.71M	35.06M	42.41M
Accumulated Depreciation	-	-18.91M	-22.25M	-25.31M	-29M
Net Property Plant And Equipment	8.82M	9.57M	7.46M	9.74M	13.41M
Goodwill	-	59.96M	60.21M	60.21M	63.1M
Other Intangibles, Total	59.44M	17.68M	15.1M	13.18M	9.3M
Deferred Charges Long-Term	4.59M	3.97M	4.18M	5.2M	2.82M
Total Assets	117M	145M	146M	152M	158M
Liabilities
Accounts Payable, Total	1.18M	1.39M	1.67M	2.06M	2.37M
Accrued Expenses, Total	10.88M	16.16M	15.59M	19.72M	17.28M
Current Portion of Leases	2.23M	2.98M	1.75M	1.55M	2.1M
Current Income Taxes Payable	1.88M	2.61M	1.77M	1.11M	-
Unearned Revenue Current, Total	4.17M	5.52M	5.61M	6.5M	7.4M
Other Current Liabilities	6.89M	10.77M	15.76M	15.37M	23.84M
Total Current Liabilities	27.22M	39.43M	42.15M	46.31M	53M
Long-Term Debt	10M	5M	5M	5M	7M
Long-Term Leases	6.14M	5.85M	4.6M	6.66M	9.55M
Deferred Tax Liability Non Current	5.69M	5.46M	8.03M	7.43M	6.99M
Other Non Current Liabilities	1.94M	2.61M	1.99M	2.14M	2.87M
Total Liabilities	50.98M	58.34M	61.77M	67.54M	79.41M
Common Stock, Total	6.39M	7.55M	7.67M	7.73M	7.96M
Additional Paid In Capital	29.46M	29.32M	29.79M	29.97M	30.52M
Retained Earnings	5.5M	23.1M	19.59M	18.39M	14.24M
Treasury Stock	-	-	-	-	-2.9M
Comprehensive Income and Other	24.23M	26.28M	27.48M	28.25M	28.61M
Total Common Equity	65.57M	86.25M	84.52M	84.34M	78.42M
Total Equity	65.57M	86.25M	84.52M	84.34M	78.42M
Total Liabilities And Equity	117M	145M	146M	152M	158M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	131M	151M	153M	155M	157M
ECS Total Common Shares Outstanding	131M	151M	153M	155M	157M
Book Value / Share	0.5	0.57	0.55	0.55	0.5
Tangible Book Value	6.13M	8.61M	9.22M	10.95M	6.02M
Tangible Book Value Per Share	0.05	0.06	0.06	0.07	0.04
Total Debt	18.37M	13.82M	11.34M	13.21M	18.65M
Net Debt	11.12M	5.84M	1.66M	5.21M	13.1M
Debt Equivalent Oper. Leases	-	3.92M	7.04M	6.77M	4.81M
Account Code - Inventory Valuation	3	3	3	-	3
Machinery, Total	-	6.93M	7.75M	8.63M	9.47M
Full Time Employees	740	940	1K	1.1K	1.25K
Accumulated Allowance for Doubtful Accounts (Supple)	1.39M	2.34M	2.5M	2.91M	3.25M
Order Backlog	19M	28.3M	29.5M	35.2M	71.9M

Fiscal Period: April	2020	2021	2022	2023	2024
Net Income	931K	153K	-500K	2.91M	1.45M
Depreciation & Amortization - CF	2.86M	3.46M	3.68M	3.25M	3.83M
Amortization of Goodwill and Intangible Assets - (CF)	3.32M	3.06M	5.49M	6.23M	-
Depreciation & Amortization, Total	6.17M	6.52M	9.17M	9.48M	3.83M
Amortization of Deferred Charges, Total - (CF)	-	122K	182K	184K	189K
(Gain) Loss From Sale Of Asset	31K	-	-91K	29K	44K
Asset Writedown & Restructuring Costs	-	351K	-	-	-
Stock-Based Compensation (CF)	102K	1.03M	1.57M	1.28M	566K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-6.34M	2.43M	736K	-4.32M	7.15M
Change In Accounts Receivable	-1.18M	-2.68M	-3.92M	-4.66M	-7.89M
Change In Accounts Payable	1.81M	5.4M	2.3M	2.48M	4.08M
Change in Other Net Operating Assets	133K	-279K	376K	-569K	-261K
Cash from Operations	1.66M	13.04M	9.83M	6.81M	9.16M
Capital Expenditure	-686K	-997K	-876K	-931K	-1.43M
Sale of Property, Plant, and Equipment	-	-	40K	20K	-
Cash Acquisitions	-330K	-20.66M	111K	24K	-1.97M
Sale (Purchase) of Intangible assets	-103K	-307K	-188K	-56K	-21K
Cash from Investing	-1.12M	-21.96M	-913K	-943K	-3.42M
Long-Term Debt Issued, Total	-	-	-	-	2M
Total Debt Issued	-	-	-	-	2M
Long-Term Debt Repaid, Total	-1.93M	-7.68M	-3.16M	-2.38M	-1.86M
Total Debt Repaid	-1.93M	-7.68M	-3.16M	-2.38M	-1.86M
Issuance of Common Stock	7.82M	20.92M	504K	213K	533K
Repurchase of Common Stock	-	-	-	-	-2.9M
Common Dividends Paid	-3.18M	-3.58M	-4.55M	-5.39M	-5.94M
Common & Preferred Stock Dividends Paid	-3.18M	-3.58M	-4.55M	-5.39M	-5.94M
Cash from Financing	2.7M	9.66M	-7.21M	-7.56M	-8.18M
Net Change in Cash	3.24M	739K	1.7M	-1.68M	-2.44M
Supplemental Items
Cash Interest Paid	890K	848K	788K	1.08M	2.02M
Cash Income Tax Paid (Refund)	2.19M	2.27M	3.62M	5.33M	6.72M
Levered Free Cash Flow	3.68M	14.21M	17.94M	17.82M	11.84M
Unlevered Free Cash Flow	4.24M	14.72M	18.41M	18.51M	13.01M
Change In Net Working Capital	3.65M	-2.5M	468K	1.53M	1.95M
Net Debt Issued / Repaid	-1.93M	-7.68M	-3.16M	-2.38M	135K

Fiscal Period: April	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.14	4.04	5.64	6.54	7.4
Return on Total Capital	3	5.74	8.36	10.08	11.77
Return On Equity %	1.51	0.2	-0.59	3.45	1.78
Return on Common Equity	1.51	0.2	-0.59	3.45	1.78
Margin Analysis
Gross Profit Margin %	42.82	42.41	43.49	44.43	43.07
SG&A Margin	37.87	32.54	31.71	31.8	30.02
EBITDA Margin %	11.18	14.73	17.85	18.83	14.24
EBITA Margin %	10.17	13.72	16.9	17.91	13.4
EBIT Margin %	5.46	10.08	11.92	12.8	13.4
Income From Continuing Operations Margin %	1.32	0.18	-0.45	2.39	1.06
Net Income Margin %	1.32	0.18	-0.45	2.39	1.06
Net Avail. For Common Margin %	1.32	0.18	-0.45	2.39	1.06
Normalized Net Income Margin	2.56	5.64	6.97	7.4	7.49
Levered Free Cash Flow Margin	5.22	16.95	16.3	14.63	8.66
Unlevered Free Cash Flow Margin	6.02	17.56	16.74	15.2	9.51
Asset Turnover
Asset Turnover	0.63	0.64	0.76	0.82	0.88
Fixed Assets Turnover	7.84	9.12	12.92	14.16	11.81
Receivables Turnover (Average Receivables)	2.44	2.38	2.61	2.61	2.55
Short Term Liquidity
Current Ratio	1.61	1.35	1.41	1.37	1.31
Quick Ratio	1.44	1.3	1.34	1.3	1.26
Operating Cash Flow to Current Liabilities	0.06	0.33	0.23	0.15	0.17
Days Sales Outstanding (Average Receivables)	149.96	153.43	139.7	139.94	143.77
Average Days Payable Outstanding	9.66	9.69	8.98	10.04	10.39
Long Term Solvency
Total Debt/Equity	28.01	16.02	13.42	15.67	23.79
Total Debt / Total Capital	21.88	13.81	11.83	13.54	19.22
LT Debt/Equity	24.61	12.58	11.36	13.82	21.11
Long-Term Debt / Total Capital	19.22	10.84	10.01	11.95	17.05
Total Liabilities / Total Assets	43.74	40.35	42.22	44.47	50.31
EBIT / Interest Expense	4.24	10.33	17.25	14.11	9.83
EBITDA / Interest Expense	11.04	18.29	29.31	22.69	11.88
(EBITDA - Capex) / Interest Expense	10.28	17.07	28.16	21.85	11.11
Total Debt / EBITDA	1.83	0.92	0.51	0.53	0.84
Net Debt / EBITDA	1.11	0.39	0.07	0.21	0.59
Total Debt / (EBITDA - Capex)	1.97	0.99	0.53	0.55	0.9
Net Debt / (EBITDA - Capex)	1.19	0.42	0.08	0.22	0.63
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.39	18.9	31.22	10.75	12.23
Gross Profit, 1 Yr. Growth %	16.95	17.77	34.56	13.15	8.8
EBITDA, 1 Yr. Growth %	5.47	24.11	59.02	16.82	16.55
EBITA, 1 Yr. Growth %	3.67	24.65	61.62	17.36	17.51
EBIT, 1 Yr. Growth %	-11.55	37.89	55.18	18.97	17.51
Earnings From Cont. Operations, 1 Yr. Growth %	-58.57	-83.57	-426.8	-682.2	-50.12
Net Income, 1 Yr. Growth %	-58.57	-83.57	-426.8	-682.2	-50.12
Normalized Net Income, 1 Yr. Growth %	-13.88	46.65	62.26	17.53	13.62
Diluted EPS Before Extra, 1 Yr. Growth %	-63.16	-85.71	-423.5	-656.41	-50
Accounts Receivable, 1 Yr. Growth %	7.86	35.1	10.87	10.99	18.59
Net Property, Plant and Equip., 1 Yr. Growth %	-3.75	8.5	-22.07	30.63