Cash flow Fevertree Drinks PLC

Equities

FEVR

GB00BRJ9BJ26

Distillers & Wineries

Market Closed - London S.E. Other stock markets 09:05:24 10/04/2026 pm IST			5-day change	1st Jan Change
802.50 ^GBX	-0.62%		+4.22%	-2.01%

30/03	Goldman Sachs raises Land Securities to 'buy'	AN
25/03	Morgan Stanley raises BP and Croda, cuts Shell	AN

5c63df306165a2763c1ff287d9.GX3CnD5-GN9Nzwqx84B4odrvFeP2vZloR2UkhKbFyqk.UTGz60YIVOYX_22cxbcq5OuNUYeQ_PUgEBN9yOyOmNNaNpWrXRhdrxf7Rw

Published financial data: FEVERTREE DRINKS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	25Cr	31Cr	34Cr	36Cr	37Cr
Total Revenues	25Cr	31Cr	34Cr	36Cr	37Cr
Cost of Goods Sold, Total	14Cr	18Cr	23Cr	25Cr	23Cr
Gross Profit	12Cr	13Cr	12Cr	12Cr	14Cr
Selling General & Admin Expenses, Total	6.11Cr	6.87Cr	8.35Cr	9.31Cr	9.6Cr
Provision for Bad Debts	1L	19L	-11L	4L	-
Depreciation & Amortization - (IS)	27L	32L	43L	63L	65L
Amortization of Goodwill and Intangible Assets - (IS)	11L	15L	15L	17L	31L
Other Operating Expenses, Total	6.5Cr	7.53Cr	8.82Cr	10Cr	11Cr
Operating Income	5.13Cr	5.56Cr	3.06Cr	1.55Cr	3.28Cr
Interest Expense, Total	-2L	-3L	-4L	-6L	-6L
Interest And Investment Income	5L	3L	8L	20L	33L
Net Interest Expenses	3L	0	4L	14L	27L
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	5.16Cr	5.56Cr	3.1Cr	1.69Cr	3.55Cr
Insurance Settlements	-	-	-	53L	-
EBT, Incl. Unusual Items	5.16Cr	5.56Cr	3.1Cr	2.22Cr	3.55Cr
Income Tax Expense	99L	1.1Cr	61L	68L	1.11Cr
Earnings From Continuing Operations	4.17Cr	4.46Cr	2.49Cr	1.54Cr	2.44Cr
Net Income to Company	4.17Cr	4.46Cr	2.49Cr	1.54Cr	2.44Cr
Net Income - (IS)	4.17Cr	4.46Cr	2.49Cr	1.54Cr	2.44Cr
Net Income to Common Incl Extra Items	4.17Cr	4.46Cr	2.49Cr	1.54Cr	2.44Cr
Net Income to Common Excl. Extra Items	4.17Cr	4.46Cr	2.49Cr	1.54Cr	2.44Cr
Per Share Items
Net EPS - Basic	0.36	0.38	0.21	0.13	0.21
Basic EPS - Continuing Operations	0.36	0.38	0.21	0.13	0.21
Basic Weighted Average Shares Outstanding	12Cr	12Cr	12Cr	12Cr	12Cr
Net EPS - Diluted	0.36	0.38	0.21	0.13	0.21
Diluted EPS - Continuing Operations	0.36	0.38	0.21	0.13	0.21
Diluted Weighted Average Shares Outstanding	12Cr	12Cr	12Cr	12Cr	12Cr
Normalized Basic EPS	0.28	0.3	0.17	0.09	0.19
Normalized Diluted EPS	0.28	0.3	0.17	0.09	0.19
Dividend Per Share	0.16	0.16	0.16	0.17	0.17
Payout Ratio	42.69	41.26	75.5	124.03	80.33
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	5.45Cr	5.95Cr	3.47Cr	1.96Cr	3.78Cr
EBITA	5.24Cr	5.7Cr	3.21Cr	1.7Cr	3.5Cr
EBIT	5.13Cr	5.56Cr	3.06Cr	1.55Cr	3.28Cr
EBITDAR	5.46Cr	5.96Cr	3.49Cr	-	-
Effective Tax Rate - (Ratio)	19.19	19.78	19.68	30.63	31.27
Total Current Taxes	1.09Cr	1.04Cr	67L	51L	84L
Total Deferred Taxes	-10L	6L	-6L	17L	27L
Normalized Net Income	3.22Cr	3.48Cr	1.94Cr	1.06Cr	2.22Cr
Interest on Long-Term Debt	1L	1L	2L	6L	5L
Supplemental Operating Expense Items
Marketing Expenses	2.52Cr	2.92Cr	3.4Cr	3.39Cr	3.45Cr
General and Administrative Expenses	6.11Cr	6.87Cr	8.35Cr	9.31Cr	9.6Cr
Net Rental Expense, Total	1L	1L	2L	-	-
Imputed Operating Lease Interest Expense	86.49T	1L	64.65T	-	-
Imputed Operating Lease Depreciation	13.51T	0	1L	-	-
Stock-Based Comp., Other (Total)	19L	27L	33L	17L	33L
Total Stock-Based Compensation	19L	27L	33L	17L	33L

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	14Cr	17Cr	9.53Cr	5.99Cr	9.6Cr
Total Cash And Short Term Investments	14Cr	17Cr	9.53Cr	5.99Cr	9.6Cr
Accounts Receivable, Total	4.79Cr	5.84Cr	6.25Cr	7.78Cr	7.14Cr
Other Receivables	52L	79L	44L	1.36Cr	78L
Total Receivables	5.31Cr	6.63Cr	6.69Cr	9.14Cr	7.92Cr
Inventory	3.87Cr	3.62Cr	6.01Cr	6.76Cr	4.58Cr
Prepaid Expenses	40L	64L	68L	63L	93L
Other Current Assets, Total	13L	9L	-	6L	4L
Total Current Assets	24Cr	28Cr	23Cr	23Cr	23Cr
Gross Property Plant And Equipment	1.27Cr	1.69Cr	3.52Cr	3.59Cr	3.56Cr
Accumulated Depreciation	-52L	-73L	-96L	-1.22Cr	-1.47Cr
Net Property Plant And Equipment	75L	96L	2.56Cr	2.37Cr	2.09Cr
Long-term Investments	-	-	-	-	-
Goodwill	3.22Cr	3.22Cr	3.64Cr	3.62Cr	3.62Cr
Other Intangibles, Total	1.66Cr	1.55Cr	1.68Cr	2.2Cr	2.95Cr
Loans Receivable Long-Term	-	-	-	-	11L
Deferred Tax Assets Long-Term	19L	28L	19L	17L	5L
Other Long-Term Assets, Total	-	-	18L	43L	30L
Total Assets	30Cr	34Cr	31Cr	31Cr	32Cr
Liabilities
Accounts Payable, Total	1.1Cr	1.96Cr	2.47Cr	2.23Cr	2.82Cr
Accrued Expenses, Total	2.62Cr	2.56Cr	2.21Cr	2.63Cr	2.42Cr
Current Portion of Long-Term Debt	1L	1L	-	-	-
Current Portion of Leases	7L	7L	34L	34L	36L
Current Income Taxes Payable	-	6L	8L	21L	7L
Deferred Tax Liability Current	15L	-	-	-	-
Other Current Liabilities	52L	42L	63L	67L	48L
Total Current Liabilities	4.47Cr	5.08Cr	5.73Cr	6.08Cr	6.15Cr
Long-Term Debt	-	-	-	-	-
Long-Term Leases	11L	21L	1.35Cr	1.18Cr	85L
Deferred Tax Liability Non Current	-	16L	16L	30L	47L
Other Non Current Liabilities	-	-	-	3L	5L
Total Liabilities	4.58Cr	5.45Cr	7.24Cr	7.59Cr	7.52Cr
Common Stock, Total	3L	3L	3L	3L	3L
Additional Paid In Capital	5.48Cr	5.48Cr	5.48Cr	5.48Cr	5.48Cr
Retained Earnings	20Cr	23Cr	18Cr	18Cr	19Cr
Comprehensive Income and Other	7L	-3L	-7L	-4L	5L
Total Common Equity	25Cr	28Cr	24Cr	24Cr	25Cr
Total Equity	25Cr	28Cr	24Cr	24Cr	25Cr
Total Liabilities And Equity	30Cr	34Cr	31Cr	31Cr	32Cr
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	2.17	2.42	2.05	2.04	2.11
Tangible Book Value	20Cr	23Cr	19Cr	18Cr	18Cr
Tangible Book Value Per Share	1.75	2.01	1.6	1.54	1.55
Total Debt	19L	29L	1.69Cr	1.52Cr	1.21Cr
Net Debt	-14Cr	-16Cr	-7.84Cr	-4.47Cr	-8.39Cr
Debt Equivalent Oper. Leases	8L	8L	16L	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	87L	98L	1.78Cr	1.61Cr	1.04Cr
Inventories - Finished Goods, Total	3Cr	2.64Cr	4.23Cr	5.15Cr	3.54Cr
Machinery, Total	16L	17L	52L	63L	84L
Full Time Employees	250	283	300	375	380
Accumulated Allowance for Doubtful Accounts (Supple)	12L	31L	19L	18L	23L

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	4.17Cr	4.46Cr	2.49Cr	1.54Cr	2.44Cr
Depreciation & Amortization - CF	27L	32L	43L	63L	65L
Amortization of Goodwill and Intangible Assets - (CF)	11L	14L	15L	15L	22L
Depreciation & Amortization, Total	38L	46L	58L	78L	87L
Amortization of Deferred Charges, Total - (CF)	-	1L	-	2L	9L
(Gain) Loss From Sale Of Asset	-	1L	-	-	-
Stock-Based Compensation (CF)	19L	27L	33L	17L	33L
Provision and Write-off of Bad Debts	-	38L	-31L	5L	-10L
Other Operating Activities, Total	-69L	1L	-2L	2L	33L
Change In Accounts Receivable	40L	-1.46Cr	-16L	-2.23Cr	50L
Change In Inventories	-1.72Cr	5L	-2.35Cr	-1Cr	2.34Cr
Change In Accounts Payable	1.08Cr	77L	5L	48L	17L
Change in Other Net Operating Assets	-	-28L	24L	-21L	5L
Cash from Operations	3.81Cr	4.68Cr	85L	-38L	7.02Cr
Capital Expenditure	-26L	-36L	-46L	-26L	-33L
Cash Acquisitions	-17L	-	-37L	-	-
Sale (Purchase) of Intangible assets	-	-10L	-25L	-70L	-1.08Cr
Other Investing Activities, Total	5L	3L	8L	20L	33L
Cash from Investing	-38L	-43L	-1Cr	-76L	-1.08Cr
Long-Term Debt Repaid, Total	-16L	-7L	-18L	-40L	-39L
Total Debt Repaid	-16L	-7L	-18L	-40L	-39L
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-1.78Cr	-1.84Cr	-1.88Cr	-1.91Cr	-1.96Cr
Common & Preferred Stock Dividends Paid	-1.78Cr	-1.84Cr	-1.88Cr	-1.91Cr	-1.96Cr
Special Dividend Paid	-	-	-5Cr	-	-
Other Financing Activities, Total	-2L	-2L	-1L	-1L	-1L
Cash from Financing	-1.96Cr	-1.93Cr	-7.07Cr	-2.32Cr	-2.36Cr
Foreign Exchange Rate Adjustments	1L	-1L	13L	-8L	3L
Net Change in Cash	1.48Cr	2.31Cr	-7.09Cr	-3.54Cr	3.61Cr
Supplemental Items
Cash Interest Paid	2L	2L	1L	1L	1L
Cash Income Tax Paid (Refund)	1.65Cr	1.09Cr	59L	84L	57L
Levered Free Cash Flow	3.09Cr	3.23Cr	8L	-1.92Cr	5.06Cr
Unlevered Free Cash Flow	3.11Cr	3.24Cr	10.25L	-1.88Cr	5.1Cr
Change In Net Working Capital	41L	51L	2.01Cr	2.86Cr	-3.17Cr
Net Debt Issued / Repaid	-16L	-7L	-18L	-40L	-39L

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	11.47	10.95	5.91	3.1	6.45
Return on Total Capital	13.29	12.89	7.08	3.81	8.01
Return On Equity %	17.42	16.7	9.56	6.46	10.07
Return on Common Equity	17.42	16.7	9.56	6.46	10.07
Margin Analysis
Gross Profit Margin %	46.13	42.08	34.5	32.11	37.56
SG&A Margin	24.24	22.08	24.25	25.55	26.05
EBITDA Margin %	21.62	19.13	10.08	5.38	10.26
EBITA Margin %	20.79	18.32	9.32	4.67	9.5
EBIT Margin %	20.35	17.87	8.89	4.25	8.9
Income From Continuing Operations Margin %	16.54	14.34	7.23	4.23	6.62
Net Income Margin %	16.54	14.34	7.23	4.23	6.62
Net Avail. For Common Margin %	16.54	14.34	7.23	4.23	6.62
Normalized Net Income Margin	12.79	11.17	5.63	2.9	6.02
Levered Free Cash Flow Margin	12.27	10.37	0.22	-5.27	13.74
Unlevered Free Cash Flow Margin	12.32	10.43	0.3	-5.16	13.84
Asset Turnover
Asset Turnover	0.9	0.98	1.06	1.17	1.16
Fixed Assets Turnover	35.01	36.39	19.56	14.78	16.52
Receivables Turnover (Average Receivables)	5.1	5.85	5.7	5.19	4.94
Inventory Turnover (Average Inventory)	4.56	4.81	4.68	3.87	4.06
Short Term Liquidity
Current Ratio	5.37	5.43	4	3.71	3.75
Quick Ratio	4.39	4.58	2.83	2.49	2.85
Operating Cash Flow to Current Liabilities	0.85	0.92	0.15	-0.06	1.14
Days Sales Outstanding (Average Receivables)	71.79	62.36	64.08	70.27	74.09
Days Outstanding Inventory (Average Inventory)	80.18	75.86	77.94	94.2	90.19
Average Days Payable Outstanding	18.45	41.59	32.42	33.65	44.37
Cash Conversion Cycle (Average Days)	133.52	96.62	109.6	130.82	119.92
Long Term Solvency
Total Debt/Equity	0.75	1.03	7.07	6.39	4.9
Total Debt / Total Capital	0.75	1.02	6.6	6.01	4.68
LT Debt/Equity	0.44	0.75	5.64	4.96	3.45
Long-Term Debt / Total Capital	0.43	0.74	5.27	4.66	3.28
Total Liabilities / Total Assets	15.35	16.22	23.23	24.2	23.36
EBIT / Interest Expense	256.5	185.33	76.5	25.83	54.67
EBITDA / Interest Expense	275.5	200.67	91	38.83	69.17
(EBITDA - Capex) / Interest Expense	262.5	188.67	79.5	34.5	63.67
Total Debt / EBITDA	0.03	0.05	0.46	0.65	0.29
Net Debt / EBITDA	-2.56	-2.71	-2.15	-1.92	-2.02
Total Debt / (EBITDA - Capex)	0.04	0.05	0.53	0.73	0.32
Net Debt / (EBITDA - Capex)	-2.69	-2.89	-2.47	-2.16	-2.2
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-3.22	23.4	10.67	5.84	1.13
Gross Profit, 1 Yr. Growth %	-11.56	12.55	-9.24	-1.52	18.29
EBITDA, 1 Yr. Growth %	-26.85	9.17	-41.68	-43.52	51.81
EBITA, 1 Yr. Growth %	-28.12	8.78	-43.68	-47.04	56.95
EBIT, 1 Yr. Growth %	-28.95	8.38	-44.96	-49.35	57.69
Earnings From Cont. Operations, 1 Yr. Growth %	-28.72	6.95	-44.17	-38.15	58.44
Net Income, 1 Yr. Growth %	-28.72	6.95	-44.17	-38.15	58.44
Normalized Net Income, 1 Yr. Growth %	-28.83	7.75	-44.24	-45.48	59.91
Diluted EPS Before Extra, 1 Yr. Growth %	-28.85	6.8	-44.17	-38.18	58.19
Accounts Receivable, 1 Yr. Growth %	-6.08	21.92	7.02	24.48	-8.23
Inventory, 1 Yr. Growth %	86.06	-6.46	66.02	12.48	-32.25
Net Property, Plant and Equip., 1 Yr. Growth %	8.7	28	166.67	-7.42	-11.81
Total Assets, 1 Yr. Growth %	14.55	12.63	-7.29	0.67	2.61
Tangible Book Value, 1 Yr. Growth %	10.1	14.77	-20.48	-3.44	0.78
Common Equity, 1 Yr. Growth %	11.72	11.48	-15.06	-0.59	3.74
Cash From Operations, 1 Yr. Growth %	-43.97	22.83	-81.84	-144.71	-1.95T
Capital Expenditures, 1 Yr. Growth %	0	38.46	27.78	-43.48	26.92
Levered Free Cash Flow, 1 Yr. Growth %	-42.17	9.6	-97.6	-2.58T	-418.9
Unlevered Free Cash Flow, 1 Yr. Growth %	-42.07	9.77	-96.84	-1.94T	-429.03
Dividend Per Share, 1 Yr. Growth %	3.98	1.98	2	2.02	1.98
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.05	9.28	16.86	8.23	3.45
Gross Profit, 2 Yr. CAGR %	-2.72	-0.23	1.07	-5.46	7.93
EBITDA, 2 Yr. CAGR %	-15.76	-10.63	-20.21	-42.61	4.37
EBITA, 2 Yr. CAGR %	-17.02	-11.58	-21.73	-45.39	4.42
EBIT, 2 Yr. CAGR %	-17.52	-12.25	-22.77	-47.2	3.53
Earnings From Cont. Operations, 2 Yr. CAGR %	-17.86	-12.68	-22.73	-41.24	-1.01
Net Income, 2 Yr. CAGR %	-17.86	-12.68	-22.73	-41.24	-1.01
Normalized Net Income, 2 Yr. CAGR %	-17.38	-12.43	-22.49	-44.87	7.01
Diluted EPS Before Extra, 2 Yr. CAGR %	-18.01	-12.83	-22.79	-41.25	-1.11
Accounts Receivable, 2 Yr. CAGR %	-6.08	7.01	14.23	15.42	6.88
Inventory, 2 Yr. CAGR %	16.94	31.92	24.62	36.65	-12.7
Net Property, Plant and Equip., 2 Yr. CAGR %	66.67	17.95	84.75	57.12	-9.64
Total Assets, 2 Yr. CAGR %	15.08	13.59	2.19	-3.39	1.64
Tangible Book Value, 2 Yr. CAGR %	20.01	12.41	-4.47	-12.37	-1.35
Common Equity, 2 Yr. CAGR %	17.42	11.6	-2.69	-8.11	1.56
Cash From Operations, 2 Yr. CAGR %	-8.69	-17.04	-52.77	-71.51	187.38
Capital Expenditures, 2 Yr. CAGR %	31.66	17.67	33.01	-15.02	-15.3
Levered Free Cash Flow, 2 Yr. CAGR %	7.5	-22.34	-83.77	-22.88	708.22
Unlevered Free Cash Flow, 2 Yr. CAGR %	7.59	-22.21	-81.38	-23.86	605.38
Dividend Per Share, 2 Yr. CAGR %	3.99	2.97	1.99	2.01	2
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	14	9.43	9.74	13.07	5.81
Gross Profit, 3 Yr. CAGR %	8.48	2.12	-3.33	0.2	1.87
EBITDA, 3 Yr. CAGR %	-1.79	-8.16	-22.48	-28.89	-14.03
EBITA, 3 Yr. CAGR %	-2.84	-9.18	-23.92	-31.29	-15
EBIT, 3 Yr. CAGR %	-3.11	-9.66	-24.88	-32.9	-16.13
Earnings From Cont. Operations, 3 Yr. CAGR %	-2.87	-10.3	-24.78	-28.25	-18.21
Net Income, 3 Yr. CAGR %	-2.87	-10.3	-24.78	-28.25	-18.21
Normalized Net Income, 3 Yr. CAGR %	-2.94	-9.74	-24.66	-31.07	-13.89
Diluted EPS Before Extra, 3 Yr. CAGR %	-2.97	-10.46	-24.86	-28.3	-18.27
Accounts Receivable, 3 Yr. CAGR %	1.22	2.46	7.01	17.55	6.93
Inventory, 3 Yr. CAGR %	42.99	8.55	42.43	20.43	8.16
Net Property, Plant and Equip., 3 Yr. CAGR %	55.48	52.63	54.81	46.74	29.61
Total Assets, 3 Yr. CAGR %	20.21	14.26	6.15	1.68	-1.43
Tangible Book Value, 3 Yr. CAGR %	32.47	18.24	0.16	-4.13	-8.19
Common Equity, 3 Yr. CAGR %	24.76	15.41	1.9	-1.99	-4.31
Cash From Operations, 3 Yr. CAGR %	3.91	0.8	-50	-53.62	14.47
Capital Expenditures, 3 Yr. CAGR %	28.06	33.89	20.95	0	-2.86
Levered Free Cash Flow, 3 Yr. CAGR %	10.6	6.42	-75.62	-13.3	16.2
Unlevered Free Cash Flow, 3 Yr. CAGR %	10.68	6.54	-73.26	-13.99	16.27
Dividend Per Share, 3 Yr. CAGR %	13.76	3.31	2.65	2	2
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	33.59	24.93	15.14	8.95	7.18
Gross Profit, 5 Yr. CAGR %	30.38	18.33	5.45	-0.98	1.03
EBITDA, 5 Yr. CAGR %	24.65	10.98	-9.62	-23.9	-12.69
EBITA, 5 Yr. CAGR %	23.84	10.19	-10.89	-25.9	-13.65
EBIT, 5 Yr. CAGR %	24.33	10.1	-11.51	-27.12	-14.6
Earnings From Cont. Operations, 5 Yr. CAGR %	25.62	10.16	-11.36	-24.26	-16.04
Net Income, 5 Yr. CAGR %	25.62	10.16	-11.36	-24.26	-16.04
Normalized Net Income, 5 Yr. CAGR %	25.22	10.14	-11.29	-25.89	-13.31
Diluted EPS Before Extra, 5 Yr. CAGR %	25.51	10.01	-11.45	-24.35	-16.14
Accounts Receivable, 5 Yr. CAGR %	27.23	16.27	6.24	7.46	6.96
Inventory, 5 Yr. CAGR %	43.42	28.03	35.34	19.02	17.1
Net Property, Plant and Equip., 5 Yr. CAGR %	66.31	52.52	66.58	54.41	24.81
Total Assets, 5 Yr. CAGR %	28.47	23.25	12.65	6.84	4.32
Tangible Book Value, 5 Yr. CAGR %	56.7	38.52	16.23	4.88	-0.45
Common Equity, 5 Yr. CAGR %	31.02	25.91	12.96	5.36	1.76
Cash From Operations, 5 Yr. CAGR %	29.76	17.8	-24.2	-39.19	0.64
Capital Expenditures, 5 Yr. CAGR %	48.37	34.33	30.02	11.63	4.88
Levered Free Cash Flow, 5 Yr. CAGR %	34.83	18.17	-49.18	-6.44	-1.1
Unlevered Free Cash Flow, 5 Yr. CAGR %	34.58	18.16	-46.28	-6.86	-1
Dividend Per Share, 5 Yr. CAGR %	38.47	20.67	8.9	2.79	2.39