Balance Sheet IDOX plc

Equities

IDOX

GB0002998192

Software

Delayed London S.E. Other stock markets 12:33:11 13/09/2024 pm IST			5-day change	1st Jan Change
61.24 ^GBX	-0.58%		+0.40%	-11.11%

29/07	IDOX plc Appoints Mark Milner as Non-Executive Director	CI
11/07	Berenberg Starts Idox Coverage at Buy	MT

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Published financial data: IDOX PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: October	2019	2020	2021	2022	2023
Revenues	6.55Cr	6.8Cr	6.22Cr	6.62Cr	7.33Cr
Total Revenues	6.55Cr	6.8Cr	6.22Cr	6.62Cr	7.33Cr
Cost of Goods Sold, Total	1.95Cr	1.88Cr	1.71Cr	1.5Cr	1.6Cr
Gross Profit	4.6Cr	4.92Cr	4.51Cr	5.11Cr	5.72Cr
Selling General & Admin Expenses, Total	4.43Cr	4.43Cr	3.74Cr	4.25Cr	4.79Cr
Other Operating Expenses, Total	4.43Cr	4.43Cr	3.74Cr	4.25Cr	4.79Cr
Operating Income	16.77L	49.19L	76.4L	86.58L	93.44L
Interest Expense, Total	-13.89L	-17.78L	-11.31L	-14.21L	-15.39L
Interest And Investment Income	3T	5T	66T	73T	80T
Net Interest Expenses	-13.86L	-17.73L	-10.65L	-13.48L	-14.59L
Currency Exchange Gains (Loss)	-81T	-	7L	-3L	1L
Other Non Operating Income (Expenses)	-2L	-4L	-42T	-4L	-2L
EBT, Excl. Unusual Items	-25T	27.02L	72.68L	66.02L	78.2L
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-25T	27.02L	72.68L	66.02L	78.2L
Income Tax Expense	11.92L	14.26L	12.37L	10L	22.38L
Earnings From Continuing Operations	-12.17L	12.76L	60.31L	56.11L	55.82L
Earnings Of Discontinued Operations	-6L	-	59.18L	-6L	-
Net Income to Company	-18.19L	12.76L	1.19Cr	50.44L	55.82L
Minority Interest	1L	-	-	-	-
Net Income - (IS)	-17.06L	12.76L	1.19Cr	50.44L	55.82L
Net Income to Common Incl Extra Items	-17.06L	12.76L	1.19Cr	50.44L	55.82L
Net Income to Common Excl. Extra Items	-11.04L	12.76L	60.31L	56.11L	55.82L
Per Share Items
Net EPS - Basic	-0	0	0.03	0.01	0.01
Basic EPS - Continuing Operations	-0	0	0.01	0.01	0.01
Basic Weighted Average Shares Outstanding	42Cr	44Cr	44Cr	44Cr	45Cr
Net EPS - Diluted	-0	0	0.03	0.01	0.01
Diluted EPS - Continuing Operations	-0	0	0.01	0.01	0.01
Diluted Weighted Average Shares Outstanding	42Cr	45Cr	45Cr	45Cr	46Cr
Normalized Basic EPS	0	0	0.01	0.01	0.01
Normalized Diluted EPS	0	0	0.01	0.01	0.01
Dividend Per Share	-	0	0	0	0.01
Payout Ratio	-	-	11.14	35.37	40.63
Supplemental Items
EBITDA	51.21L	82.65L	1.04Cr	1.14Cr	1.23Cr
EBITA	42.82L	74.48L	95.73L	1.06Cr	1.14Cr
EBIT	16.77L	49.19L	76.4L	86.58L	93.44L
EBITDAR	66.85L	-	-	-	-
Effective Tax Rate - (Ratio)	-4.77T	52.78	17.02	15.01	28.62
Total Current Taxes	1L	12.84L	25.21L	18.41L	27.56L
Total Deferred Taxes	10.43L	1L	-12.84L	-8L	-5L
Normalized Net Income	97.38T	16.89L	45.42L	41.26L	48.88L
Interest on Long-Term Debt	14.74L	8L	8L	8L	8L
Supplemental Operating Expense Items
General and Administrative Expenses	4.43Cr	4.43Cr	3.74Cr	4.25Cr	4.79Cr
Research And Development Expense From Footnotes	31.72L	37.55L	42.26L	47.66L	55.81L
Net Rental Expense, Total	15.64L	-	-	-	-
Imputed Operating Lease Interest Expense	5L	-	-	-	-
Imputed Operating Lease Depreciation	10.72L	-	-	-	-
Stock-Based Comp., Other (Total)	9L	10.57L	19.08L	25.84L	26.31L
Total Stock-Based Compensation	9L	10.57L	19.08L	25.84L	26.31L

Fiscal Period: October	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	70.23L	3.08Cr	1.83Cr	1.39Cr	1.48Cr
Total Cash And Short Term Investments	70.23L	3.08Cr	1.83Cr	1.39Cr	1.48Cr
Accounts Receivable, Total	1.6Cr	1.37Cr	1.12Cr	1.21Cr	1.66Cr
Other Receivables	19.35L	36.82L	36.82L	27.88L	18.53L
Total Receivables	1.79Cr	1.73Cr	1.48Cr	1.49Cr	1.84Cr
Inventory	77T	-	-	-	-
Prepaid Expenses	23.02L	24.79L	21.34L	30.48L	30.08L
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	2.73Cr	5.06Cr	3.53Cr	3.18Cr	3.63Cr
Gross Property Plant And Equipment	51.59L	1.07Cr	1.05Cr	1.16Cr	1.27Cr
Accumulated Depreciation	-39.97L	-57.72L	-68.01L	-84.11L	-1Cr
Net Property Plant And Equipment	11.62L	49.09L	36.7L	31.62L	26.72L
Long-term Investments	18T	18T	-	-	-
Goodwill	4.81Cr	4.8Cr	5.09Cr	5.26Cr	6.16Cr
Other Intangibles, Total	3.79Cr	3.36Cr	4.11Cr	3.98Cr	4.72Cr
Accounts Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	13.68L	11.11L	26.23L	26.79L	25.41L
Other Long-Term Assets, Total	-	-	-	-	12.01L
Total Assets	12Cr	14Cr	13Cr	13Cr	15Cr
Liabilities
Accounts Payable, Total	23.66L	22.61L	24.04L	34.69L	34.17L
Accrued Expenses, Total	73.53L	90.4L	85.23L	52.48L	71.42L
Current Portion of Long-Term Debt	2.18Cr	-	-	-	-
Current Portion of Leases	-	11.88L	7L	5L	2L
Current Income Taxes Payable	-	-	13.99L	2L	14.22L
Unearned Revenue Current, Total	1.84Cr	1.99Cr	1.82Cr	1.99Cr	2.1Cr
Other Current Liabilities	36.27L	30.74L	59.62L	43.32L	47.35L
Total Current Liabilities	5.36Cr	3.54Cr	3.73Cr	3.37Cr	3.8Cr
Long-Term Debt	1.16Cr	4.69Cr	2.64Cr	2.05Cr	2.95Cr
Long-Term Leases	-	26.95L	17.47L	12.65L	10L
Unearned Revenue Non Current	18.78L	7L	9L	10.38L	22.36L
Deferred Tax Liability Non Current	40.15L	39.07L	55.79L	60.86L	75.19L
Other Non Current Liabilities	2L	17.13L	8L	-	-
Total Liabilities	7.13Cr	9.14Cr	7.28Cr	6.26Cr	7.82Cr
Common Stock, Total	44.46L	44.5L	44.69L	45.25L	45.62L
Additional Paid In Capital	4.13Cr	4.14Cr	4.16Cr	4.16Cr	4.16Cr
Retained Earnings	-1.05Cr	-89.51L	21.22L	74.83L	1.14Cr
Treasury Stock	-6L	-6L	-6L	-6L	-
Comprehensive Income and Other	1Cr	1.07Cr	1.33Cr	1.44Cr	1.58Cr
Total Common Equity	4.47Cr	4.7Cr	6.08Cr	6.74Cr	7.33Cr
Minority Interest	-1L	-	-	-	-
Total Equity	4.46Cr	4.7Cr	6.08Cr	6.74Cr	7.33Cr
Total Liabilities And Equity	12Cr	14Cr	13Cr	13Cr	15Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	44Cr	44Cr	44Cr	45Cr	45Cr
ECS Total Common Shares Outstanding	44Cr	44Cr	44Cr	45Cr	45Cr
Book Value / Share	0.1	0.11	0.14	0.15	0.16
Tangible Book Value	-4.13Cr	-3.47Cr	-3.12Cr	-2.5Cr	-3.55Cr
Tangible Book Value Per Share	-0.09	-0.08	-0.07	-0.06	-0.08
Total Debt	3.34Cr	5.08Cr	2.89Cr	2.23Cr	3.07Cr
Net Debt	2.64Cr	2Cr	1.06Cr	84.72L	1.59Cr
Debt Equivalent Oper. Leases	1.25Cr	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-1L	-	-	-	-
Equity Method Investments, Total	18T	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	51.37L	57.18L	66.35L	75.5L	84.5L
Full Time Employees	666	622	563	595	626
Accumulated Allowance for Doubtful Accounts (Supple)	69T	1L	70T	5T	2L
Order Backlog	1.21Cr	1.59Cr	-	-	-

Fiscal Period: October	2019	2020	2021	2022	2023
Net Income	-17.06L	12.76L	1.19Cr	50.44L	55.82L
Depreciation & Amortization - CF	8L	20.57L	18.22L	15.97L	16.36L
Amortization of Goodwill and Intangible Assets - (CF)	26.05L	25.29L	19.33L	19.36L	20.36L
Depreciation & Amortization, Total	34.44L	45.86L	37.55L	35.33L	36.72L
Amortization of Deferred Charges, Total - (CF)	56.84L	69.42L	70.46L	71.7L	71.15L
(Gain) Loss From Sale Of Asset	-	4L	-66.79L	6L	4L
Asset Writedown & Restructuring Costs	-	-	-	-	2L
Stock-Based Compensation (CF)	9L	10.57L	19.08L	25.84L	26.31L
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	27.35L	15.33L	14.36L	-1L	13.29L
Change In Accounts Receivable	49.23L	11.92L	30.86L	-13.16L	-33.25L
Change In Inventories	38T	54T	-	-	-
Change In Accounts Payable	-35.95L	43.29L	-59.47L	-18.96L	10.48L
Cash from Operations	1.24Cr	2.13Cr	1.66Cr	1.56Cr	1.86Cr
Capital Expenditure	-8L	-9L	-11.1L	-9L	-9L
Sale of Property, Plant, and Equipment	-	-	-	15T	-
Cash Acquisitions	-63.94L	-	-1.05Cr	-22.19L	-1.41Cr
Divestitures	-	-2L	1.07Cr	-1L	-
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-58.71L	-59.98L	-46.37L	-66.47L	-76.27L
Other Investing Activities, Total	2L	5T	66T	73T	80T
Cash from Investing	-1.28Cr	-71.24L	-55.42L	-98.35L	-2.25Cr
Long-Term Debt Issued, Total	80L	3.86Cr	1.56Cr	25L	3.97Cr
Total Debt Issued	80L	3.86Cr	1.56Cr	25L	3.97Cr
Long-Term Debt Repaid, Total	-1.2Cr	-2.73Cr	-3.62Cr	-1Cr	-3.09Cr
Total Debt Repaid	-1.2Cr	-2.73Cr	-3.62Cr	-1Cr	-3.09Cr
Issuance of Common Stock	73.5L	-	64T	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	-13.31L	-17.84L	-22.68L
Common & Preferred Stock Dividends Paid	-	-	-13.31L	-17.84L	-22.68L
Other Financing Activities, Total	-15.04L	-18.1L	-12.59L	-13.13L	-17.93L
Cash from Financing	18.07L	94.58L	-2.31Cr	-1.06Cr	47.09L
Foreign Exchange Rate Adjustments	1L	1L	-5L	4L	2L
Net Change in Cash	14.89L	2.38Cr	-1.25Cr	-44.19L	10L
Supplemental Items
Cash Interest Paid	14.23L	16.44L	10L	10L	14.39L
Cash Income Tax Paid (Refund)	-11.85L	20L	-2L	26.17L	14.65L
Levered Free Cash Flow	1.89Cr	1.06Cr	1.62Cr	59.35L	1.09Cr
Unlevered Free Cash Flow	1.98Cr	1.15Cr	1.67Cr	67.04L	1.18Cr
Change In Net Working Capital	-1.54Cr	-29.31L	-51.32L	43.17L	-10.76L
Net Debt Issued / Repaid	-40.39L	1.13Cr	-2.06Cr	-75.27L	87.7L

Fiscal Period: October	2019	2020	2021	2022	2023
Profitability
Return on Assets	0.88	2.42	3.51	4.11	4.15
Return on Total Capital	1.28	3.5	5.1	6.03	6.03
Return On Equity %	-2.63	2.79	11.19	8.75	7.94
Return on Common Equity	-2.38	2.78	11.19	8.75	7.94
Margin Analysis
Gross Profit Margin %	70.25	72.35	72.45	77.26	78.12
SG&A Margin	67.69	65.12	60.17	64.18	65.36
EBITDA Margin %	7.82	12.15	16.68	17.29	16.84
EBITA Margin %	6.54	10.95	15.39	16.01	15.53
EBIT Margin %	2.56	7.23	12.29	13.08	12.75
Income From Continuing Operations Margin %	-1.86	1.88	9.7	8.48	7.62
Net Income Margin %	-2.6	1.88	19.22	7.62	7.62
Net Avail. For Common Margin %	-1.69	1.88	9.7	8.48	7.62
Normalized Net Income Margin	0.15	2.48	7.3	6.23	6.67
Levered Free Cash Flow Margin	28.85	15.51	25.99	8.97	14.81
Unlevered Free Cash Flow Margin	30.18	16.87	26.9	10.13	16.12
Asset Turnover
Asset Turnover	0.55	0.54	0.46	0.5	0.52
Fixed Assets Turnover	55.2	22.41	14.5	19.37	25.12
Receivables Turnover (Average Receivables)	2.9	4.59	5.01	5.7	5.11
Inventory Turnover (Average Inventory)	202.93	-	-	-	-
Short Term Liquidity
Current Ratio	0.51	1.43	0.95	0.94	0.95
Quick Ratio	0.47	1.36	0.89	0.85	0.88
Operating Cash Flow to Current Liabilities	0.23	0.6	0.44	0.46	0.49
Days Sales Outstanding (Average Receivables)	125.74	79.75	72.81	64.05	71.39
Days Outstanding Inventory (Average Inventory)	1.8	-	-	-	-
Average Days Payable Outstanding	57.13	-	49.7	71.22	78.37
Cash Conversion Cycle (Average Days)	70.4	-	-	-	-
Long Term Solvency
Total Debt/Equity	74.85	108.15	47.47	33.13	41.86
Total Debt / Total Capital	42.81	51.96	32.19	24.89	29.51
LT Debt/Equity	25.97	105.62	46.27	32.32	41.56
Long-Term Debt / Total Capital	14.85	50.74	31.38	24.28	29.3
Total Liabilities / Total Assets	61.5	66.05	54.47	48.15	51.62
EBIT / Interest Expense	1.21	2.77	6.76	6.09	6.07
EBITDA / Interest Expense	3.69	5.35	10.08	8.58	8.46
(EBITDA - Capex) / Interest Expense