Balance Sheet Fevertree Drinks PLC

Equities

FEVR

GB00BRJ9BJ26

Distillers & Wineries

Market Closed - London S.E. Other stock markets 09:05:22 15/05/2026 pm IST			5-day change	1st Jan Change
778.00 ^GBX	-2.26%		-3.65%	-5.01%

13/04	Bernstein cuts Wizz Air and easyJet	AN
30/03	Goldman Sachs raises Land Securities to 'buy'	AN

1647d5ea6fbdcfaab6cc3d8158.uYo0eHjwbJ3Ess7hP0QFvt_RcyblN8dOWy9q1zALPkw.wM4MQQGFJfy1-IaCcwEx2LibHEGde4R6YwINoARUeQncvVY3T7Ed3q3Fgw

Published financial data: FEVERTREE DRINKS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	31Cr	34Cr	36Cr	37Cr	32Cr
Total Revenues	31Cr	34Cr	36Cr	37Cr	32Cr
Cost of Goods Sold, Total	18Cr	23Cr	25Cr	23Cr	21Cr
Gross Profit	13Cr	12Cr	12Cr	14Cr	11Cr
Selling General & Admin Expenses, Total	6.87Cr	8.35Cr	9.31Cr	9.6Cr	8.26Cr
Provision for Bad Debts	19L	-11L	4L	-	2L
Depreciation & Amortization - (IS)	32L	43L	63L	65L	36L
Amortization of Goodwill and Intangible Assets - (IS)	15L	15L	17L	31L	36L
Other Operating Expenses, Total	7.53Cr	8.82Cr	10Cr	11Cr	9Cr
Operating Income	5.56Cr	3.06Cr	1.55Cr	3.28Cr	2.45Cr
Interest Expense, Total	-3L	-4L	-6L	-6L	-4L
Interest And Investment Income	3L	8L	20L	33L	58L
Net Interest Expenses	0	4L	14L	27L	54L
EBT, Excl. Unusual Items	5.56Cr	3.1Cr	1.69Cr	3.55Cr	2.99Cr
Insurance Settlements	-	-	53L	-	-
EBT, Incl. Unusual Items	5.56Cr	3.1Cr	2.22Cr	3.55Cr	2.99Cr
Income Tax Expense	1.1Cr	61L	68L	1.11Cr	73L
Earnings From Continuing Operations	4.46Cr	2.49Cr	1.54Cr	2.44Cr	2.26Cr
Net Income to Company	4.46Cr	2.49Cr	1.54Cr	2.44Cr	2.26Cr
Net Income - (IS)	4.46Cr	2.49Cr	1.54Cr	2.44Cr	2.26Cr
Net Income to Common Incl Extra Items	4.46Cr	2.49Cr	1.54Cr	2.44Cr	2.26Cr
Net Income to Common Excl. Extra Items	4.46Cr	2.49Cr	1.54Cr	2.44Cr	2.26Cr
Per Share Items
Net EPS - Basic	0.38	0.21	0.13	0.21	0.19
Basic EPS - Continuing Operations	0.38	0.21	0.13	0.21	0.19
Basic Weighted Average Shares Outstanding	12Cr	12Cr	12Cr	12Cr	12Cr
Net EPS - Diluted	0.38	0.21	0.13	0.21	0.19
Diluted EPS - Continuing Operations	0.38	0.21	0.13	0.21	0.19
Diluted Weighted Average Shares Outstanding	12Cr	12Cr	12Cr	12Cr	12Cr
Normalized Basic EPS	0.3	0.17	0.09	0.19	0.16
Normalized Diluted EPS	0.3	0.17	0.09	0.19	0.15
Dividend Per Share	0.16	0.16	0.17	0.17	0.17
Payout Ratio	41.26	75.5	124.03	80.33	91.59
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	5.95Cr	3.47Cr	1.96Cr	3.78Cr	2.92Cr
EBITA	5.7Cr	3.21Cr	1.7Cr	3.5Cr	2.67Cr
EBIT	5.56Cr	3.06Cr	1.55Cr	3.28Cr	2.45Cr
EBITDAR	5.96Cr	3.49Cr	-	-	-
Effective Tax Rate - (Ratio)	19.78	19.68	30.63	31.27	24.41
Total Current Taxes	1.04Cr	67L	51L	84L	1.08Cr
Total Deferred Taxes	6L	-6L	17L	27L	-35L
Normalized Net Income	3.48Cr	1.94Cr	1.06Cr	2.22Cr	1.87Cr
Interest on Long-Term Debt	1L	2L	6L	5L	2L
Supplemental Operating Expense Items
Marketing Expenses	2.92Cr	3.4Cr	3.39Cr	3.45Cr	2.62Cr
General and Administrative Expenses	6.87Cr	8.35Cr	9.31Cr	9.6Cr	8.26Cr
Net Rental Expense, Total	1L	2L	-	-	-
Imputed Operating Lease Interest Expense	1L	64.65T	-	-	-
Imputed Operating Lease Depreciation	0	1L	-	-	-
Stock-Based Comp., Other (Total)	27L	33L	17L	33L	56L
Total Stock-Based Compensation	27L	33L	17L	33L	56L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	17Cr	9.53Cr	5.99Cr	9.6Cr	9.11Cr
Total Cash And Short Term Investments	17Cr	9.53Cr	5.99Cr	9.6Cr	9.11Cr
Accounts Receivable, Total	5.84Cr	6.25Cr	7.78Cr	7.14Cr	6.8Cr
Other Receivables	79L	44L	1.36Cr	78L	62L
Total Receivables	6.63Cr	6.69Cr	9.14Cr	7.92Cr	7.42Cr
Inventory	3.62Cr	6.01Cr	6.76Cr	4.58Cr	3.71Cr
Prepaid Expenses	64L	68L	63L	93L	57L
Other Current Assets, Total	9L	-	6L	4L	2L
Total Current Assets	28Cr	23Cr	23Cr	23Cr	21Cr
Gross Property Plant And Equipment	1.69Cr	3.52Cr	3.59Cr	3.56Cr	2.79Cr
Accumulated Depreciation	-73L	-96L	-1.22Cr	-1.47Cr	-1.62Cr
Net Property Plant And Equipment	96L	2.56Cr	2.37Cr	2.09Cr	1.17Cr
Long-term Investments	-	-	-	-	-
Goodwill	3.22Cr	3.64Cr	3.62Cr	3.62Cr	3.6Cr
Other Intangibles, Total	1.55Cr	1.68Cr	2.2Cr	2.95Cr	2.55Cr
Loans Receivable Long-Term	-	-	-	11L	20L
Deferred Tax Assets Long-Term	28L	19L	17L	5L	15L
Other Long-Term Assets, Total	-	18L	43L	30L	20L
Total Assets	34Cr	31Cr	31Cr	32Cr	29Cr
Liabilities
Accounts Payable, Total	1.96Cr	2.47Cr	2.23Cr	2.82Cr	2.9Cr
Accrued Expenses, Total	2.56Cr	2.21Cr	2.63Cr	2.42Cr	2.03Cr
Current Portion of Long-Term Debt	1L	-	-	-	-
Current Portion of Leases	7L	34L	34L	36L	8L
Current Income Taxes Payable	6L	8L	21L	7L	10L
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	42L	63L	67L	48L	72L
Total Current Liabilities	5.08Cr	5.73Cr	6.08Cr	6.15Cr	5.83Cr
Long-Term Debt	-	-	-	-	-
Long-Term Leases	21L	1.35Cr	1.18Cr	85L	28L
Deferred Tax Liability Non Current	16L	16L	30L	47L	21L
Other Non Current Liabilities	-	-	3L	5L	7L
Total Liabilities	5.45Cr	7.24Cr	7.59Cr	7.52Cr	6.39Cr
Common Stock, Total	3L	3L	3L	3L	3L
Additional Paid In Capital	5.48Cr	5.48Cr	5.48Cr	5.48Cr	2L
Retained Earnings	23Cr	18Cr	18Cr	19Cr	22Cr
Comprehensive Income and Other	-3L	-7L	-4L	5L	-4L
Total Common Equity	28Cr	24Cr	24Cr	25Cr	22Cr
Total Equity	28Cr	24Cr	24Cr	25Cr	22Cr
Total Liabilities And Equity	34Cr	31Cr	31Cr	32Cr	29Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12Cr	12Cr	12Cr	12Cr	12Cr
ECS Total Common Shares Outstanding	12Cr	12Cr	12Cr	12Cr	12Cr
Book Value / Share	2.42	2.05	2.04	2.11	1.85
Tangible Book Value	23Cr	19Cr	18Cr	18Cr	16Cr
Tangible Book Value Per Share	2.01	1.6	1.54	1.55	1.34
Total Debt	29L	1.69Cr	1.52Cr	1.21Cr	36L
Net Debt	-16Cr	-7.84Cr	-4.47Cr	-8.39Cr	-8.75Cr
Debt Equivalent Oper. Leases	8L	16L	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	98L	1.78Cr	1.61Cr	1.04Cr	99L
Inventories - Finished Goods, Total	2.64Cr	4.23Cr	5.15Cr	3.54Cr	2.72Cr
Machinery, Total	17L	52L	63L	84L	57L
Full Time Employees	283	300	375	380	285
Accumulated Allowance for Doubtful Accounts (Supple)	31L	19L	18L	23L	25L

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	4.46Cr	2.49Cr	1.54Cr	2.44Cr	2.26Cr
Depreciation & Amortization - CF	32L	43L	63L	65L	36L
Amortization of Goodwill and Intangible Assets - (CF)	14L	15L	15L	22L	22L
Depreciation & Amortization, Total	46L	58L	78L	87L	58L
Amortization of Deferred Charges, Total - (CF)	1L	-	2L	9L	14L
(Gain) Loss From Sale Of Asset	1L	-	-	-	-1L
Stock-Based Compensation (CF)	27L	33L	17L	33L	56L
Provision and Write-off of Bad Debts	38L	-31L	5L	-10L	-16L
Other Operating Activities, Total	1L	-2L	2L	33L	-84L
Change In Accounts Receivable	-1.46Cr	-16L	-2.23Cr	50L	-1.87Cr
Change In Inventories	5L	-2.35Cr	-1Cr	2.34Cr	-1.24Cr
Change In Accounts Payable	77L	5L	48L	17L	3.1Cr
Change in Other Net Operating Assets	-28L	24L	-21L	5L	28L
Cash from Operations	4.68Cr	85L	-38L	7.02Cr	2.8Cr
Capital Expenditure	-36L	-46L	-26L	-33L	-33L
Cash Acquisitions	-	-37L	-	-	-
Divestitures	-	-	-	-	1.8Cr
Sale (Purchase) of Intangible assets	-10L	-25L	-70L	-1.08Cr	-16L
Other Investing Activities, Total	3L	8L	20L	33L	57L
Cash from Investing	-43L	-1Cr	-76L	-1.08Cr	1.88Cr
Long-Term Debt Repaid, Total	-7L	-18L	-40L	-39L	-12L
Total Debt Repaid	-7L	-18L	-40L	-39L	-12L
Issuance of Common Stock	-	-	-	-	7.12Cr
Repurchase of Common Stock	-	-	-	-	-10Cr
Common Dividends Paid	-1.84Cr	-1.88Cr	-1.91Cr	-1.96Cr	-2.07Cr
Common & Preferred Stock Dividends Paid	-1.84Cr	-1.88Cr	-1.91Cr	-1.96Cr	-2.07Cr
Special Dividend Paid	-	-5Cr	-	-	-
Other Financing Activities, Total	-2L	-1L	-1L	-1L	-1L
Cash from Financing	-1.93Cr	-7.07Cr	-2.32Cr	-2.36Cr	-5.13Cr
Foreign Exchange Rate Adjustments	-1L	13L	-8L	3L	-4L
Net Change in Cash	2.31Cr	-7.09Cr	-3.54Cr	3.61Cr	-49L
Supplemental Items
Cash Interest Paid	2L	1L	1L	1L	1L
Cash Income Tax Paid (Refund)	1.09Cr	59L	84L	57L	88L
Levered Free Cash Flow	3.23Cr	8L	-1.92Cr	5.06Cr	4.01Cr
Unlevered Free Cash Flow	3.24Cr	10.25L	-1.88Cr	5.1Cr	4.03Cr
Change In Net Working Capital	51L	2.01Cr	2.86Cr	-3.17Cr	-1.71Cr
Net Debt Issued / Repaid	-7L	-18L	-40L	-39L	-12L

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	10.95	5.91	3.1	6.45	5.03
Return on Total Capital	12.89	7.08	3.81	8.01	6.31
Return On Equity %	16.7	9.56	6.46	10.07	9.62
Return on Common Equity	16.7	9.56	6.46	10.07	9.62
Margin Analysis
Gross Profit Margin %	42.08	34.5	32.11	37.56	35.23
SG&A Margin	22.08	24.25	25.55	26.05	25.42
EBITDA Margin %	19.13	10.08	5.38	10.26	8.98
EBITA Margin %	18.32	9.32	4.67	9.5	8.22
EBIT Margin %	17.87	8.89	4.25	8.9	7.54
Income From Continuing Operations Margin %	14.34	7.23	4.23	6.62	6.95
Net Income Margin %	14.34	7.23	4.23	6.62	6.95
Net Avail. For Common Margin %	14.34	7.23	4.23	6.62	6.95
Normalized Net Income Margin	11.17	5.63	2.9	6.02	5.75
Levered Free Cash Flow Margin	10.37	0.22	-5.27	13.74	12.33
Unlevered Free Cash Flow Margin	10.43	0.3	-5.16	13.84	12.4
Asset Turnover
Asset Turnover	0.98	1.06	1.17	1.16	1.07
Fixed Assets Turnover	36.39	19.56	14.78	16.52	19.94
Receivables Turnover (Average Receivables)	5.85	5.7	5.19	4.94	4.66
Inventory Turnover (Average Inventory)	4.81	4.68	3.87	4.06	5.08
Short Term Liquidity
Current Ratio	5.43	4	3.71	3.75	3.57
Quick Ratio	4.58	2.83	2.49	2.85	2.84
Operating Cash Flow to Current Liabilities	0.92	0.15	-0.06	1.14	0.48
Days Sales Outstanding (Average Receivables)	62.36	64.08	70.27	74.09	78.28
Days Outstanding Inventory (Average Inventory)	75.86	77.94	94.2	90.19	71.87
Average Days Payable Outstanding	41.59	32.42	33.65	44.37	51.73
Cash Conversion Cycle (Average Days)	96.62	109.6	130.82	119.92	98.42
Long Term Solvency
Total Debt/Equity	1.03	7.07	6.39	4.9	1.61
Total Debt / Total Capital	1.02	6.6	6.01	4.68	1.59
LT Debt/Equity	0.75	5.64	4.96	3.45	1.26
Long-Term Debt / Total Capital	0.74	5.27	4.66	3.28	1.24
Total Liabilities / Total Assets	16.22	23.23	24.2	23.36	22.26
EBIT / Interest Expense	185.33	76.5	25.83	54.67	61.25
EBITDA / Interest Expense	200.67	91	38.83	69.17	75.75
(EBITDA - Capex) / Interest Expense	188.67	79.5	34.5	63.67	67.5
Total Debt / EBITDA	0.05	0.46	0.65	0.29	0.12
Net Debt / EBITDA	-2.71	-2.15	-1.92	-2.02	-2.89
Total Debt / (EBITDA - Capex)	0.05	0.53	0.73	0.32	0.13
Net Debt / (EBITDA - Capex)	-2.89	-2.47	-2.16	-2.2	-3.24
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.4	10.67	5.84	1.13	-11.8
Gross Profit, 1 Yr. Growth %	12.55	-9.24	-1.52	18.29	-17.27
EBITDA, 1 Yr. Growth %	9.17	-41.68	-43.52	51.81	-20.22
EBITA, 1 Yr. Growth %	8.78	-43.68	-47.04	56.95	-21.01
EBIT, 1 Yr. Growth %	8.38	-44.96	-49.35	57.69	-22.47
Earnings From Cont. Operations, 1 Yr. Growth %	6.95	-44.17	-38.15	58.44	-7.38
Net Income, 1 Yr. Growth %	6.95	-44.17	-38.15	58.44	-7.38
Normalized Net Income, 1 Yr. Growth %	7.75	-44.24	-45.48	59.91	-12.83
Diluted EPS Before Extra, 1 Yr. Growth %	6.8	-44.17	-38.18	58.19	-10.7
Accounts Receivable, 1 Yr. Growth %	21.92	7.02	24.48	-8.23	-4.76
Inventory, 1 Yr. Growth %	-6.46	66.02	12.48	-32.25	-19
Net Property, Plant and Equip., 1 Yr. Growth %	28	166.67	-7.42	-11.81	-44.02
Total Assets, 1 Yr. Growth %	12.63	-7.29	0.67	2.61	-10.84
Tangible Book Value, 1 Yr. Growth %	14.77	-20.48	-3.44	0.78	-10.72
Common Equity, 1 Yr. Growth %	11.48	-15.06	-0.59	3.74	-9.57
Cash From Operations, 1 Yr. Growth %	22.83	-81.84	-144.71	-1.95T	-60.11
Capital Expenditures, 1 Yr. Growth %	38.46	27.78	-43.48	26.92	0
Levered Free Cash Flow, 1 Yr. Growth %	9.6	-97.6	-2.58T	-418.9	-19.67
Unlevered Free Cash Flow, 1 Yr. Growth %	9.77	-96.84	-1.94T	-429.03	-19.78
Dividend Per Share, 1 Yr. Growth %	1.98	2	2.02	1.98	2
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.28	16.86	8.23	3.45	-5.56
Gross Profit, 2 Yr. CAGR %	-0.23	1.07	-5.46	7.93	-1.07
EBITDA, 2 Yr. CAGR %	-10.63	-20.21	-42.61	4.37	8.29
EBITA, 2 Yr. CAGR %	-11.58	-21.73	-45.39	4.42	9.42
EBIT, 2 Yr. CAGR %	-12.25	-22.77	-47.2	3.53	8.53
Earnings From Cont. Operations, 2 Yr. CAGR %	-12.68	-22.73	-41.24	-1.01	21.14
Net Income, 2 Yr. CAGR %	-12.68	-22.73	-41.24	-1.01	21.14
Normalized Net Income, 2 Yr. CAGR %	-12.43	-22.49	-44.87	7.01	16.05
Diluted EPS Before Extra, 2 Yr. CAGR %	-12.83	-22.79	-41.25	-1.11	18.86
Accounts Receivable, 2 Yr. CAGR %	7.01	14.23	15.42	6.88	-6.51
Inventory, 2 Yr. CAGR %	31.92	24.62	36.65	-12.7	-25.92
Net Property, Plant and Equip., 2 Yr. CAGR %	17.95	84.75	57.12	-9.64	-29.74
Total Assets, 2 Yr. CAGR %	13.59	2.19	-3.39	1.64	-4.35
Tangible Book Value, 2 Yr. CAGR %	12.41	-4.47	-12.37	-1.35	-5.14
Common Equity, 2 Yr. CAGR %	11.6	-2.69	-8.11	1.56	-3.14
Cash From Operations, 2 Yr. CAGR %	-17.04	-52.77	-71.51	187.38	171.45
Capital Expenditures, 2 Yr. CAGR %	17.67	33.01	-15.02	-15.3	12.66
Levered Free Cash Flow, 2 Yr. CAGR %	-22.34	-83.77	-22.88	708.22	58.86
Unlevered Free Cash Flow, 2 Yr. CAGR %	-22.21	-81.38	-23.86	605.38	61.27
Dividend Per Share, 2 Yr. CAGR %	2.97	1.99	2.01	2	1.99
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	9.43	9.74	13.07	5.81	-1.9
Gross Profit, 3 Yr. CAGR %	2.12	-3.33	0.2	1.87	-1.22
EBITDA, 3 Yr. CAGR %	-8.16	-22.48	-28.89	-14.03	-5.59
EBITA, 3 Yr. CAGR %	-9.18	-23.92	-31.29	-15	-5.96
EBIT, 3 Yr. CAGR %	-9.66	-24.88	-32.9	-16.13	-7.14
Earnings From Cont. Operations, 3 Yr. CAGR %	-10.3	-24.78	-28.25	-18.21	-3.18
Net Income, 3 Yr. CAGR %	-10.3	-24.78	-28.25	-18.21	-3.18
Normalized Net Income, 3 Yr. CAGR %	-9.74	-24.66	-31.07	-13.89	-1.2
Diluted EPS Before Extra, 3 Yr. CAGR %	-10.46	-24.86	-28.3	-18.27	-4.41
Accounts Receivable, 3 Yr. CAGR %	2.46	7.01	17.55	6.93	2.85
Inventory, 3 Yr. CAGR %	8.55	42.43	20.43	8.16	-14.85
Net Property, Plant and Equip., 3 Yr. CAGR %	52.63	54.81	46.74	29.61	-22.97
Total Assets, 3 Yr. CAGR %	14.26	6.15	1.68	-1.43	-2.7
Tangible Book Value, 3 Yr. CAGR %	18.24	0.16	-4.13	-8.19	-4.58
Common Equity, 3 Yr. CAGR %	15.41	1.9	-1.99	-4.31	-2.3
Cash From Operations, 3 Yr. CAGR %	0.8	-50	-53.62	14.47	48.79
Capital Expenditures, 3 Yr. CAGR %	33.89	20.95	0	-2.86	-10.48
Levered Free Cash Flow, 3 Yr. CAGR %	6.42	-75.62	-13.3	16.2	272.52
Unlevered Free Cash Flow, 3 Yr. CAGR %	6.54	-73.26	-13.99	16.27	240.07
Dividend Per Share, 3 Yr. CAGR %	3.31	2.65	2	2	2
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	24.93	15.14	8.95	7.18	5.21
Gross Profit, 5 Yr. CAGR %	18.33	5.45	-0.98	1.03	-0.31
EBITDA, 5 Yr. CAGR %	10.98	-9.62	-23.9	-12.69	-11.73
EBITA, 5 Yr. CAGR %	10.19	-10.89	-25.9	-13.65	-12.62
EBIT, 5 Yr. CAGR %	10.1	-11.51	-27.12	-14.6	-13.74
Earnings From Cont. Operations, 5 Yr. CAGR %	10.16	-11.36	-24.26	-16.04	-11.53
Net Income, 5 Yr. CAGR %	10.16	-11.36	-24.26	-16.04	-11.53
Normalized Net Income, 5 Yr. CAGR %	10.14	-11.29	-25.89	-13.31	-10.34
Diluted EPS Before Extra, 5 Yr. CAGR %	10.01	-11.45	-24.35	-16.14	-12.24
Accounts Receivable, 5 Yr. CAGR %	16.27	6.24	7.46	6.96	7.26
Inventory, 5 Yr. CAGR %	28.03	35.34	19.02	17.1	-0.84
Net Property, Plant and Equip., 5 Yr. CAGR %	52.52	66.58	54.41	24.81	9.3
Total Assets, 5 Yr. CAGR %	23.25	12.65	6.84	4.32	-0.78
Tangible Book Value, 5 Yr. CAGR %	38.52	16.23	4.88	-0.45	-4.53
Common Equity, 5 Yr. CAGR %	25.91	12.96	5.36	1.76	-2.45
Cash From Operations, 5 Yr. CAGR %	17.8	-24.2	-39.19	0.64	-5.97
Capital Expenditures, 5 Yr. CAGR %	34.33	30.02	11.63	4.88	4.88
Levered Free Cash Flow, 5 Yr. CAGR %	18.17	-49.18	-6.44	-1.1	6.36
Unlevered Free Cash Flow, 5 Yr. CAGR %	18.16	-46.28	-6.86	-1	6.4
Dividend Per Share, 5 Yr. CAGR %	20.67	8.9	2.79	2.39	2