Cash flow IDOX plc

Equities

IDOX

GB0002998192

Software

Market Closed - London S.E. Other stock markets 09:05:20 13/09/2024 pm IST			5-day change	1st Jan Change
61.00 ^GBX	-0.97%		0.00%	-11.47%

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

37d38cdfb5c08440e8f9387f00d4d04.Hu71T-WqSlseozoaeelVvDxJYsh0Cm40sMG3dahUUys.J6qvC5DFLwJv2wp-EYRsxQoaBPEMTQJe5anbGss1JmxGpZ8qhP4SNVnZVQ

Published financial data: IDOX PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: October	2019	2020	2021	2022	2023
Revenues	65.49M	68.02M	62.18M	66.18M	73.28M
Total Revenues	65.49M	68.02M	62.18M	66.18M	73.28M
Cost of Goods Sold, Total	19.48M	18.81M	17.13M	15.05M	16.04M
Gross Profit	46.01M	49.21M	45.06M	51.13M	57.24M
Selling General & Admin Expenses, Total	44.33M	44.29M	37.42M	42.48M	47.9M
Other Operating Expenses, Total	44.33M	44.29M	37.42M	42.48M	47.9M
Operating Income	1.68M	4.92M	7.64M	8.66M	9.34M
Interest Expense, Total	-1.39M	-1.78M	-1.13M	-1.42M	-1.54M
Interest And Investment Income	3K	5K	66K	73K	80K
Net Interest Expenses	-1.39M	-1.77M	-1.06M	-1.35M	-1.46M
Currency Exchange Gains (Loss)	-81K	-	735K	-299K	135K
Other Non Operating Income (Expenses)	-235K	-444K	-42K	-409K	-200K
EBT, Excl. Unusual Items	-25K	2.7M	7.27M	6.6M	7.82M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-25K	2.7M	7.27M	6.6M	7.82M
Income Tax Expense	1.19M	1.43M	1.24M	991K	2.24M
Earnings From Continuing Operations	-1.22M	1.28M	6.03M	5.61M	5.58M
Earnings Of Discontinued Operations	-602K	-	5.92M	-567K	-
Net Income to Company	-1.82M	1.28M	11.95M	5.04M	5.58M
Minority Interest	113K	-	-	-	-
Net Income - (IS)	-1.71M	1.28M	11.95M	5.04M	5.58M
Net Income to Common Incl Extra Items	-1.71M	1.28M	11.95M	5.04M	5.58M
Net Income to Common Excl. Extra Items	-1.1M	1.28M	6.03M	5.61M	5.58M
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	421M	439M	440M	443M	449M
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	424M	447M	451M	452M	456M
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	5.12M	8.26M	10.37M	11.44M	12.34M
EBITA	4.28M	7.45M	9.57M	10.59M	11.38M
EBIT	1.68M	4.92M	7.64M	8.66M	9.34M
EBITDAR	6.68M	-	-	-	-
Effective Tax Rate - (Ratio)	-4.77K	52.78	17.02	15.01	28.62
Total Current Taxes	149K	1.28M	2.52M	1.84M	2.76M
Total Deferred Taxes	1.04M	142K	-1.28M	-850K	-518K
Normalized Net Income	97.38K	1.69M	4.54M	4.13M	4.89M
Interest on Long-Term Debt	1.47M	816K	837K	844K	843K
Supplemental Operating Expense Items
General and Administrative Expenses	44.33M	44.29M	37.42M	42.48M	47.9M
Research And Development Expense From Footnotes	3.17M	3.76M	4.23M	4.77M	5.58M
Net Rental Expense, Total	1.56M	-	-	-	-
Imputed Operating Lease Interest Expense	492K	-	-	-	-
Imputed Operating Lease Depreciation	1.07M	-	-	-	-
Stock-Based Comp., Other (Total)	859K	1.06M	1.91M	2.58M	2.63M
Total Stock-Based Compensation	859K	1.06M	1.91M	2.58M	2.63M

Fiscal Period: October	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	7.02M	30.81M	18.28M	13.86M	14.82M
Total Cash And Short Term Investments	7.02M	30.81M	18.28M	13.86M	14.82M
Accounts Receivable, Total	15.99M	13.66M	11.15M	12.08M	16.59M
Other Receivables	1.94M	3.68M	3.68M	2.79M	1.85M
Total Receivables	17.92M	17.34M	14.83M	14.86M	18.44M
Inventory	77K	-	-	-	-
Prepaid Expenses	2.3M	2.48M	2.13M	3.05M	3.01M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	27.32M	50.63M	35.25M	31.78M	36.28M
Gross Property Plant And Equipment	5.16M	10.68M	10.47M	11.57M	12.68M
Accumulated Depreciation	-4M	-5.77M	-6.8M	-8.41M	-10.01M
Net Property Plant And Equipment	1.16M	4.91M	3.67M	3.16M	2.67M
Long-term Investments	18K	18K	-	-	-
Goodwill	48.13M	48.02M	50.9M	52.64M	61.56M
Other Intangibles, Total	37.87M	33.63M	41.12M	39.77M	47.23M
Accounts Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	1.37M	1.11M	2.62M	2.68M	2.54M
Other Long-Term Assets, Total	-	-	-	-	1.2M
Total Assets	116M	138M	134M	130M	151M
Liabilities
Accounts Payable, Total	2.37M	2.26M	2.4M	3.47M	3.42M
Accrued Expenses, Total	7.35M	9.04M	8.52M	5.25M	7.14M
Current Portion of Long-Term Debt	21.81M	-	-	-	-
Current Portion of Leases	-	1.19M	727K	545K	220K
Current Income Taxes Payable	-	-	1.4M	165K	1.42M
Unearned Revenue Current, Total	18.45M	19.87M	18.24M	19.94M	21.05M
Other Current Liabilities	3.63M	3.07M	5.96M	4.33M	4.74M
Total Current Liabilities	53.6M	35.43M	37.25M	33.7M	37.99M
Long-Term Debt	11.58M	46.9M	26.39M	20.53M	29.5M
Long-Term Leases	-	2.7M	1.75M	1.26M	958K
Unearned Revenue Non Current	1.88M	717K	949K	1.04M	2.24M
Deferred Tax Liability Non Current	4.02M	3.91M	5.58M	6.09M	7.52M
Other Non Current Liabilities	185K	1.71M	841K	-	-
Total Liabilities	71.26M	91.36M	72.76M	62.61M	78.2M
Common Stock, Total	4.45M	4.45M	4.47M	4.52M	4.56M
Additional Paid In Capital	41.35M	41.36M	41.56M	41.56M	41.56M
Retained Earnings	-10.5M	-8.95M	2.12M	7.48M	11.37M
Treasury Stock	-621K	-621K	-594K	-594K	-
Comprehensive Income and Other	10.05M	10.72M	13.26M	14.45M	15.79M
Total Common Equity	44.72M	46.96M	60.81M	67.42M	73.28M
Minority Interest	-110K	-	-	-	-
Total Equity	44.61M	46.96M	60.81M	67.42M	73.28M
Total Liabilities And Equity	116M	138M	134M	130M	151M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	440M	440M	442M	447M	452M
ECS Total Common Shares Outstanding	440M	440M	442M	447M	452M
Book Value / Share	0.1	0.11	0.14	0.15	0.16
Tangible Book Value	-41.28M	-34.69M	-31.22M	-24.99M	-35.51M
Tangible Book Value Per Share	-0.09	-0.08	-0.07	-0.06	-0.08
Total Debt	33.39M	50.78M	28.87M	22.34M	30.68M
Net Debt	26.37M	19.97M	10.58M	8.47M	15.85M
Debt Equivalent Oper. Leases	12.51M	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-110K	-	-	-	-
Equity Method Investments, Total	18K	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	5.14M	5.72M	6.64M	7.55M	8.45M
Full Time Employees	666	622	563	595	626
Accumulated Allowance for Doubtful Accounts (Supple)	69K	148K	70K	5K	168K
Order Backlog	12.1M	15.9M	-	-	-

Fiscal Period: October	2019	2020	2021	2022	2023
Net Income	-1.71M	1.28M	11.95M	5.04M	5.58M
Depreciation & Amortization - CF	839K	2.06M	1.82M	1.6M	1.64M
Amortization of Goodwill and Intangible Assets - (CF)	2.6M	2.53M	1.93M	1.94M	2.04M
Depreciation & Amortization, Total	3.44M	4.59M	3.76M	3.53M	3.67M
Amortization of Deferred Charges, Total - (CF)	5.68M	6.94M	7.05M	7.17M	7.12M
(Gain) Loss From Sale Of Asset	-	380K	-6.68M	642K	379K
Asset Writedown & Restructuring Costs	-	-	-	-	168K
Stock-Based Compensation (CF)	859K	1.06M	1.91M	2.58M	2.63M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	2.74M	1.53M	1.44M	-114K	1.33M
Change In Accounts Receivable	4.92M	1.19M	3.09M	-1.32M	-3.32M
Change In Inventories	38K	54K	-	-	-
Change In Accounts Payable	-3.6M	4.33M	-5.95M	-1.9M	1.05M
Cash from Operations	12.38M	21.35M	16.55M	15.65M	18.6M
Capital Expenditure	-780K	-931K	-1.11M	-911K	-895K
Sale of Property, Plant, and Equipment	-	-	-	15K	-
Cash Acquisitions	-6.39M	-	-10.53M	-2.22M	-14.1M
Divestitures	-	-200K	10.67M	-146K	-
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-5.87M	-6M	-4.64M	-6.65M	-7.63M
Other Investing Activities, Total	216K	5K	66K	73K	80K
Cash from Investing	-12.83M	-7.12M	-5.54M	-9.84M	-22.55M
Long-Term Debt Issued, Total	8M	38.58M	15.6M	2.5M	39.71M
Total Debt Issued	8M	38.58M	15.6M	2.5M	39.71M
Long-Term Debt Repaid, Total	-12.04M	-27.31M	-36.15M	-10.03M	-30.94M
Total Debt Repaid	-12.04M	-27.31M	-36.15M	-10.03M	-30.94M
Issuance of Common Stock	7.35M	-	64K	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	-1.33M	-1.78M	-2.27M
Common & Preferred Stock Dividends Paid	-	-	-1.33M	-1.78M	-2.27M
Other Financing Activities, Total	-1.5M	-1.81M	-1.26M	-1.31M	-1.79M
Cash from Financing	1.81M	9.46M	-23.08M	-10.62M	4.71M
Foreign Exchange Rate Adjustments	129K	106K	-461K	393K	199K
Net Change in Cash	1.49M	23.79M	-12.53M	-4.42M	960K
Supplemental Items
Cash Interest Paid	1.42M	1.64M	967K	997K	1.44M
Cash Income Tax Paid (Refund)	-1.18M	2M	-206K	2.62M	1.46M
Levered Free Cash Flow	18.9M	10.55M	16.16M	5.93M	10.85M
Unlevered Free Cash Flow	19.76M	11.47M	16.73M	6.7M	11.81M
Change In Net Working Capital	-15.38M	-2.93M	-5.13M	4.32M	-1.08M
Net Debt Issued / Repaid	-4.04M	11.27M	-20.55M	-7.53M	8.77M

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