Polar Capital Holdings plc / Fundamentals

    Income statement

    Net revenue
    €489.52M
    Cost of goods sold
    €77.91M
    Gross profit
    €301.45M
    SG&A expenses
    €203.12M
    R&D expenses
    €0.00
    EBITDA
    €149.49M
    D&A
    €23.40M
    EBIT
    €128.93M
    Interest expenses
    €124.30K
    EBT
    €122.38M
    Tax expenses
    €34.79M
    Net income
    €87.59M

    Cash flow statement

    Net deferred tax
    -€30.77M
    Non-cash items
    €33.37M
    Changes in working capital
    -€9.02M
    Operating cash flow
    €115.77M
    Capex
    €582.35K
    Other investing cash flow
    €2.17M
    Net investing cash flow
    €19.06M
    Total cash dividends paid
    -€102.12M
    Issuance of common stock
    -€124.30K
    Debt repayment
    -€1.13M
    Other financing cash flow
    -€7.49M
    Net financing cash flow
    -€124.71M
    Foreign exchange effects
    €1.47M
    Net change in cash
    €130.88M
    Cash at end of period
    €140.20M
    Free cash flow
    €116.35M

    Balance sheet

    Cash and cash equivalents
    €134.87M
    Cash and short-term investments
    €207.77M
    Total receivables
    €22.96M
    Inventory
    €0.00
    Other current assets
    €10.64M
    Total current assets
    €241.38M
    Property, plant & equipment
    €7.05M
    Goodwill
    €0.00
    Intangible assets
    €0.00
    Long-term investments
    €0.00
    Other non-current assets
    €0.00
    Total non-current assets
    €11.96M
    Total assets
    €253.34M
    Accounts payable
    €0.00
    Short-term debt
    €2.76M
    Other current liabilities
    €85.82M
    Total current liabilities
    €92.64M
    Long-term debt
    €4.32M
    Deferred tax liabilities
    €0.00
    Other non-current liabilities
    €1.66M
    Total non-current liabilities
    €5.97M
    Total liabilities
    €98.61M
    Common stock
    €2.92M
    Retained earnings
    €149.61M
    Other equity
    €799.86K
    Total equity
    €154.73M
    Total liabilities and shareholders' equity
    €253.34M

    Company information

    Market capitalization
    €503.46M
    Employees
    204
    Enterprise Value
    €359.03M

    Company ratios

    Gross margin
    61.6% Much worse than peer group: 85.9%
    EBITDA margin
    30.5% Even with peer group: 28.4%
    EBIT margin
    26.3% Even with peer group: 26.6%
    EBT margin
    25.0% Even with peer group: 22.4%
    Net margin
    17.9% Even with peer group: 16.8%
    ROE
    56.6% Better than peer group: 47.8%
    ROA
    34.6% Even with peer group: 30.3%
    Asset turnover
    193.2% Much better than peer group: 122.5%
    FCF margin
    23.5% Much better than peer group: -211.2%
    FCF yield
    22.9%
    Efficiency ratio
    69.5%
    Net sales per employee
    €2.40M
    Net income per employee
    €429.34K

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