Midwich Group (MIDW)

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FTSE AIM 50

550.00p
   
  • Change Today:
    -10.00p
  • 52 Week High: 590.00p
  • 52 Week Low: 311.00p
  • Currency: UK Pounds
  • Shares Issued: 88.74m
  • Volume: 3,641
  • Market Cap: £488.05m

Dividend Data

  31-Dec-2031-Dec-1931-Dec-1831-Dec-1731-Dec-16
Total Dividendn/a4.85p15.20p13.82p8.62p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Continuing Operations          
Revenue 711.75 686.24 573.68 471.94 370.14
Operating Profit/(Loss) 7.09 24.93 24.94 20.81 14.49
Net Interest (8.09) (1.15) (3.91) (1.91) (2.38)
Profit Before Tax (0.99) 23.78 21.03 18.90 12.10
Profit After Tax (3.39) 18.20 15.26 13.98 8.56
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (3.39) 18.20 15.26 13.98 8.56
Attributable to:          
Equity Holders of Parent Company (3.75) 17.18 14.70 13.56 8.22
Minority Interests 0.36 1.02 0.56 0.42 0.34
           
Continuing EPS          
Earnings per Share - Basic (4.32p) 21.67p 18.50p 17.06p 10.92p
Earnings per Share - Diluted (4.32p) 21.31p 18.33p 17.00p 10.91p
Earnings per Share - Adjusted 11.20p 28.49p 27.20p 22.86p 18.63p
Continuing and Discontinued EPS          
Earnings per Share - Basic (4.32p) 21.67p 18.50p 17.06p 10.92p
Earnings per Share - Diluted (4.32p) 21.31p 18.33p 17.00p 10.91p
Earnings per Share - Adjusted 11.20p 28.49p 27.20p 22.86p 18.63p
           
Dividend per Share n/a 4.85p 15.20p 13.82p 8.62p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Assets          
Non-Current Assets          
Property, Plant & Equipment 28.31 28.03 17.17 7.69 5.04
Intangible Assets 58.98 45.30 36.33 31.40 23.38
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a (0.01)
Other Non-Current Assets 2.39 2.17 1.42 0.39 n/a
  89.68 75.50 54.92 39.48 28.41
Current Assets          
Inventories 84.00 88.69 74.38 62.98 48.14
Trade & Other Receivables 107.08 104.10 83.14 76.36 52.55
Cash at Bank & in Hand 25.49 13.02 16.68 28.20 20.16
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 0.02 n/a 0.03 n/a n/a
  216.59 205.81 174.23 167.55 120.85
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 306.26 281.31 229.15 207.03 149.26
           
Liabilities          
Current Liabilities          
Borrowings 30.05 46.53 36.84 50.18 35.20
Other Current Liabilities 120.19 116.43 106.37 92.42 62.55
  150.23 162.96 143.21 142.60 97.75
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 34.72 36.47 16.11 0.32 n/a
Provisions 9.31 9.33 5.57 4.45 3.41
Other Non-Current Liabilities 5.51 7.26 6.15 6.57 1.51
  49.54 53.06 27.82 11.34 4.92
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 199.77 216.02 171.03 153.94 102.67
           
Net Assets 106.49 65.29 58.12 53.09 46.59
           
Capital & Reserves          
Share Capital 0.89 0.80 0.79 0.79 0.79
Share Premium Account 67.05 28.23 25.85 25.85 25.86
Other Reserves 1.97 (2.90) (0.63) (1.00) (0.77)
Retained Earnings 30.44 31.87 27.53 24.33 19.77
Shareholders Funds 100.34 57.99 53.55 49.98 45.64
           
Minority Interests/Other Equity 6.15 7.30 4.57 3.11 0.95
Total Equity 106.49 65.29 58.12 53.09 46.59
Cash Flow 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Net Cash Flow From Operating Activities 40.12 17.38 24.24 17.29 3.62
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (21.50) (17.38) (11.31) (10.34) (4.84)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (8.07) (3.71) (16.81) (4.79) 2.68
Net Increase/Decrease In Cash 10.54 (3.71) (3.88) 2.15 1.46
Ratios - based on IFRS 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Continuing Operations          
PE Ratio - Adjusted 44.6 19.3 18.1 22.2 12.4
PEG - Adjusted n/a 3.9 1.0 1.0 0.6
Earnings per Share Growth - Adjusted -61% 5% 19% 23% 20%
Dividend Cover n/a 5.87 1.79 1.65 2.16
Revenue per Share 802.11p 773.35p 646.51p 531.85p 417.13p
Pre-Tax Profit per Share (1.12p) 26.80p 23.70p 21.30p 13.64p
Operating Margin 1.00% 3.63% 4.35% 4.41% 3.91%
Return on Capital Employed 5.83% 22.20% 31.06% 27.16% 23.42%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 44.6 19.3 18.1 22.2 12.4
PEG - Adjusted n/a 3.9 1.0 1.0 0.6
Earnings per Share Growth - Adjusted -61% 5% 19% 23% 20%
Dividend Cover n/a 5.87 1.79 1.65 2.16
           
Dividend Yield 0.0% 0.9% 3.1% 2.7% 3.7%
Dividend per Share Growth n/a (68.09%) 9.99% 60.32% n/a
Operating Cash Flow per Share 45.21p 19.58p 27.32p 19.48p 4.08p
Cash Incr/Decr per Share 11.88p (4.18p) (4.37p) 2.43p 1.65p
Net Asset Value per Share (exc. Intangibles) 53.54p 22.53p 24.55p 24.44p 26.16p
Net Gearing 39.15% 120.67% 67.72% 44.61% 32.95%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

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