Tatton Asset Management (TAM)

Sector:

Financials

Index:

FTSE AIM 100

704.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 722.00p
  • 52 Week Low: 500.00p
  • Currency: UK Pounds
  • Shares Issued: 60.51m
  • Volume: 22,116
  • Market Cap: £426.00m
  • RiskGrade: 95

Dividend Data

  31-Mar-2431-Mar-2331-Mar-2231-Mar-2131-Mar-20
Interim Dividend8.00p4.50p4.00p3.50p3.20p
Final Dividend8.00p10.00p8.50p7.50p6.40p
Total Dividend16.00p14.50p12.50p11.00p9.60p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
Revenue 36.81 32.33 29.36 23.35 21.37
Operating Profit/(Loss) 16.46 16.61 11.63 7.51 10.30
Net Interest 0.29 (0.61) (0.35) (0.20) (0.01)
Profit Before Tax 16.75 16.00 11.27 7.30 10.30
Profit After Tax 12.92 13.37 9.24 6.11 8.36
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 12.92 13.37 9.24 6.11 8.36
Attributable to:          
Equity Holders of Parent Company 12.99 13.37 9.24 6.11 8.36
Minority Interests (0.07) n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 21.39p 22.43p 15.92p 10.86p 14.98p
Earnings per Share - Diluted 21.02p 21.70p 15.17p 10.31p 14.54p
Earnings per Share - Adjusted 23.73p 21.72p 19.87p 16.14p 13.13p
Continuing and Discontinued EPS          
Earnings per Share - Basic 21.39p 22.43p 15.92p 10.86p 14.98p
Earnings per Share - Diluted 21.02p 21.70p 15.17p 10.31p 14.54p
Earnings per Share - Adjusted 23.73p 21.72p 19.87p 16.14p 13.13p
           
Dividend per Share 16.00p 14.50p 1.50p 11.00p 9.60p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 0.82 0.45 0.75 0.99 1.03
Intangible Assets 13.48 12.95 13.38 7.69 7.75
Investment Properties n/a n/a n/a n/a n/a
Investments 5.35 6.76 n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 2.76 1.26 0.84 1.42 n/a
  22.41 21.43 14.97 10.10 8.78
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 5.11 3.78 3.81 4.30 3.43
Cash at Bank & in Hand 24.84 26.49 21.71 16.93 12.76
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 0.11 0.24 0.86 0.21 n/a
  30.05 30.52 26.37 21.45 16.19
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 52.46 51.95 41.35 31.55 24.97
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 8.11 7.91 7.56 6.59 6.39
  8.11 7.91 7.56 6.59 6.39
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Provisions n/a n/a n/a n/a 0.11
Other Non-Current Liabilities 1.02 2.25 2.75 0.52 0.70
  1.02 2.25 2.75 0.52 0.81
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 9.13 10.16 10.30 7.10 7.19
           
Net Assets 43.33 41.78 31.04 24.45 17.78
           
Capital & Reserves          
Share Capital 12.10 12.01 11.78 11.76 11.18
Share Premium Account 15.49 15.26 11.63 11.53 8.72
Other Reserves (30.20) (26.93) (26.93) (29.08) (27.92)
Retained Earnings 45.89 41.44 34.56 30.23 25.80
Shareholders Funds 43.28 41.78 31.04 24.45 17.78
           
Minority Interests/Other Equity 0.06 n/a n/a n/a n/a
Total Equity 43.33 41.78 31.04 24.45 17.78
Cash Flow 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Net Cash Flow From Operating Activities 13.19 13.23 13.64 8.82 8.95
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 (0.66) (0.41) (3.11) (0.51) (2.57)
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 (14.19) (8.04) (5.75) (4.14) (5.82)
Net Increase/Decrease In Cash (1.66) 4.78 4.78 4.18 0.56
Ratios - based on IFRS 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
PE Ratio - Adjusted 23.9 20.6 22.6 21.7 14.9
PEG - Adjusted 2.7 2.3 1.0 0.9 0.7
Earnings per Share Growth - Adjusted 9% 9% 23% 23% 20%
Dividend Cover 1.48 1.50 13.25 1.47 1.37
Revenue per Share 60.83p 53.42p 48.51p 0.39p 35.31p
Pre-Tax Profit per Share 27.68p 26.43p 18.63p 0.12p 17.02p
Operating Margin 44.73% 51.38% 39.62% 32.15% 48.21%
Return on Capital Employed 55.15% 57.62% 65.86% 0.45% 101.65%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 23.9 20.6 22.6 2,154.5 14.9
PEG - Adjusted 2.7 2.3 0.0 n/a 0.7
Earnings per Share Growth - Adjusted 9% 9% 12,096% -99% 20%
Dividend Cover 1.48 1.50 13.25 0.01 1.37
           
Dividend Yield 2.8% 3.2% 0.3% 3.1% 4.9%
Dividend per Share Growth 10.34% 866.67% (86.36%) 14.58% 14.29%
Operating Cash Flow per Share 21.80p 21.86p 22.54p 14.58p 14.79p
Cash Incr/Decr per Share (2.74p) 7.91p 7.89p 0.070p 0.93p
Net Asset Value per Share (exc. Intangibles) 49.33p 47.64p 29.18p 27.69p 16.57p
Net Gearing n/a n/a n/a n/a n/a

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.

 

Top of Page