GCP Asset Backed Income Fund Limited (GABI)

Sector:

Investment Firms

Index:

FTSE Small Cap

70.20p
   
  • Change Today:
      0.20p
  • 52 Week High: 71.40
  • 52 Week Low: 52.60
  • Currency: UK Pounds
  • Shares Issued: 425.63m
  • Volume: 748,775
  • Market Cap: £298.79m

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
1st Interim1.58p1.58p1.57p1.55p1.55p
2nd Interim1.58p1.58p1.57p1.55p1.55p
3rd Interim1.58p1.58p1.57p1.55p1.55p
4th Interim1.58p1.58p1.57p1.57p1.55p
Total Dividend4.74p6.33p6.30p6.22p6.20p
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 26.31 14.39 21.41 2.62 0.29
Operating Profit/(Loss) 21.00 8.68 15.86 28.17 28.91
Net Interest (2.74) (0.99) (0.89) (0.77) (0.88)
Profit Before Tax 18.26 7.69 14.97 27.39 28.04
Profit After Tax 18.26 7.69 14.97 27.39 28.04
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 18.26 7.69 14.97 27.39 28.04
Attributable to:          
Equity Holders of Parent Company 18.26 7.69 14.97 27.39 28.04
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 4.27p 1.75p 3.40p 6.21p 6.81p
Earnings per Share - Diluted 4.27p 1.75p 3.40p 6.21p 6.81p
Earnings per Share - Adjusted 4.27p 1.75p 3.40p 6.21p 6.81p
Continuing and Discontinued EPS          
Earnings per Share - Basic 4.27p 1.75p 3.40p 6.21p 6.81p
Earnings per Share - Diluted 4.27p 1.75p 3.40p 6.21p 6.81p
Earnings per Share - Adjusted 4.27p 1.75p 3.40p 6.21p 6.81p
           
Dividend per Share 4.74p 6.33p 6.30p 6.22p 6.20p
  £ (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 n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties n/a n/a n/a n/a n/a
Investments 366.82 435.07 446.99 n/a n/a
Other Financial Assets n/a n/a n/a 445.96 453.88
Other Non-Current Assets n/a n/a n/a n/a n/a
  366.82 435.07 446.99 445.96 453.88
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 0.25 0.07 0.13 0.11 0.06
Cash at Bank & in Hand 30.94 10.31 10.11 9.99 8.69
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 0.11 0.24 0.49 0.16 n/a
  31.29 10.62 10.73 10.26 8.75
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 398.11 445.69 457.72 456.22 462.63
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities n/a n/a n/a n/a n/a
  n/a n/a n/a n/a n/a
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings n/a 31.91 19.55 4.86 9.31
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  n/a 31.91 19.55 4.86 9.31
           
Other Liabilities 1.37 1.78 1.45 1.60 1.47
Total Liabilities 1.37 33.69 20.99 6.46 10.78
           
Net Assets 396.74 412.00 436.73 449.76 451.85
           
Capital & Reserves          
Share Capital 431.49 437.96 442.61 442.90 443.92
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves n/a n/a n/a n/a n/a
Retained Earnings (34.74) (25.96) (5.88) 6.86 7.93
Shareholders Funds 396.74 412.00 436.73 449.76 451.85
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 396.74 412.00 436.73 449.76 451.85
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 88.99 21.28 14.30 36.02 (46.48)
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 n/a n/a n/a n/a n/a
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 (68.36) (21.07) (14.19) (34.71) 45.96
Net Increase/Decrease In Cash 20.62 0.20 0.11 1.31 (0.52)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 15.4 48.0 28.5 14.7 15.9
PEG - Adjusted 0.1 n/a n/a n/a n/a
Earnings per Share Growth - Adjusted 144% -48% -45% -9% -6%
Dividend Cover 0.90 0.28 0.54 1.00 1.10
Revenue per Share 6.18p 3.38p 0.051p 0.61p 0.068p
Pre-Tax Profit per Share 4.29p 1.81p 0.036p 6.44p 6.59p
Operating Margin 79.83% 60.30% 74.06% 1,077.09% 9,968.97%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 15.4 48.0 2,826.4 14.7 15.9
PEG - Adjusted 0.1 0.0 n/a n/a n/a
Earnings per Share Growth - Adjusted 144% 4,999% -99% -9% -6%
Dividend Cover 0.90 0.28 0.01 1.00 1.10
           
Dividend Yield 7.2% 7.5% 6.5% 6.8% 5.7%
Dividend per Share Growth (25.00%) 0.40% 1.20% 0.40% 1.64%
Operating Cash Flow per Share 20.91p 5.00p 3.36p 8.46p (10.92p)
Cash Incr/Decr per Share 4.85p 0.048p n/a 0.31p (0.12p)
Net Asset Value per Share (exc. Intangibles) 93.21p 96.80p 102.61p 105.67p 106.16p
Net Gearing n/a 5.24% 2.16% -1.14% 0.14%

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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