Flowtech Fluidpower (FLO)

Sector:

Engineering

Index:

FTSE AIM All-Share

 84.30p
   
  • Change Today:
      0.000p
  • 52 Week High: 121.00p
  • 52 Week Low: 73.60p
  • Currency: UK Pounds
  • Shares Issued: 63.28m
  • Volume: 57
  • Market Cap: £53.34m
  • RiskGrade: 187
  • Beta: 0.29

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Total Dividend2.10p2.10p2.00pn/a2.13p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 112.10 114.77 109.11 95.08 112.42
Operating Profit/(Loss) (10.37) (4.38) 3.71 (1.39) 5.74
Net Interest (1.74) (1.19) (0.83) (0.75) (1.04)
Profit Before Tax (12.10) (5.57) 2.88 (2.15) 4.71
Profit After Tax (12.98) (6.25) 2.14 (2.17) 3.74
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (12.98) (6.25) 2.14 (2.17) 3.74
Attributable to:          
Equity Holders of Parent Company (12.98) (6.25) 2.14 (2.17) 3.74
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (21.10p) (10.17p) 3.48p (3.54p) 6.12p
Earnings per Share - Diluted (21.10p) (10.17p) 3.45p (3.54p) 6.10p
Earnings per Share - Adjusted (21.10p) (10.17p) 3.48p (3.54p) 6.12p
Continuing and Discontinued EPS          
Earnings per Share - Basic (21.10p) (10.17p) 3.48p (3.54p) 6.12p
Earnings per Share - Diluted (21.10p) (10.17p) 3.45p (3.54p) 6.10p
Earnings per Share - Adjusted (21.10p) (10.17p) 3.48p (3.54p) 6.12p
           
Dividend per Share 2.10p 2.00p 2.00p n/a 2.13p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 12.65 13.32 13.82 14.24 14.76
Intangible Assets 42.60 56.62 67.68 68.65 69.59
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 n/a
Other Non-Current Assets n/a n/a n/a n/a n/a
  55.25 69.94 81.50 82.88 84.34
Current Assets          
Inventories 32.01 31.58 30.53 21.99 24.00
Trade & Other Receivables 24.58 24.91 22.04 18.89 22.14
Cash at Bank & in Hand 5.18 3.97 4.56 9.23 3.45
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a 0.26 n/a
  61.77 60.46 57.13 50.38 49.58
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 117.02 130.40 138.63 133.26 133.93
           
Liabilities          
Current Liabilities          
Borrowings 1.70 21.67 1.56 1.46 17.69
Other Current Liabilities 22.33 20.79 21.72 17.81 16.02
  24.02 42.46 23.28 19.26 33.71
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 23.74 5.01 25.51 26.17 10.74
Provisions 1.86 1.60 1.84 1.83 1.94
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  25.60 6.61 27.35 27.99 12.68
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 49.62 49.07 50.63 47.26 46.39
           
Net Assets 67.40 81.34 88.00 86.01 87.53
           
Capital & Reserves          
Share Capital 30.75 30.75 30.75 30.75 30.58
Share Premium Account 60.96 60.96 60.96 60.96 60.96
Other Reserves 4.03 4.16 3.56 4.10 3.95
Retained Earnings (28.33) (14.53) (7.27) (9.80) (7.95)
Shareholders Funds 67.40 81.34 88.00 86.01 87.53
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 67.40 81.34 88.00 86.01 87.53
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 8.20 5.01 (0.44) 10.08 13.25
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 (2.08) (1.79) (1.58) (1.93) (3.39)
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 (4.89) (3.88) (2.57) (2.42) (6.36)
Net Increase/Decrease In Cash 1.23 (0.66) (4.59) 5.74 3.49
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted n/a n/a 40.0 n/a 20.3
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a -27%
Dividend Cover (10.05) (5.09) 1.74 n/a 2.87
Revenue per Share 177.16p 181.38p 1.74p 150.27p 177.66p
Pre-Tax Profit per Share (19.13p) (8.81p) 0.046p (3.40p) 7.44p
Operating Margin (9.25%) (3.82%) 3.40% (1.47%) 5.11%
Return on Capital Employed n/a n/a 0.08% n/a 11.89%
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a n/a 3,964.2 n/a 20.3
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a -27%
Dividend Cover (10.05) (5.09) 0.02 n/a 2.87
           
Dividend Yield 2.5% 1.9% 1.4% 0.0% 1.7%
Dividend per Share Growth 5.00% n/a n/a n/a (64.91%)
Operating Cash Flow per Share 12.96p 7.92p (0.70p) 15.94p 20.93p
Cash Incr/Decr per Share 1.94p (1.04p) (0.073p) 9.06p 5.52p
Net Asset Value per Share (exc. Intangibles) 39.20p 39.07p 32.12p 27.44p 28.36p
Net Gearing 30.04% 27.92% 25.58% 21.38% 28.55%

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: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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