Baltic Classifieds Group

BCG · Main Market · Technology · mcap £817m · €2.29 (≈194p)

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Financials · balance sheet 30 Apr 26 · last twelve months · today’s market value

Source: results 02 Jul 26 ↗

Key figures Cash & debt Profit & cash flow Valuation Returns & quality Latest half-year

Market cap: £803.4m
Owner’s net cash: −£36.8m
Net cash / market cap: -5%
EV ex leases: £840.2m
Revenue: £76.6m
Operating profit: £52.3m
Free cash flow after leases: £51.5m
EV / EBIT: 16.1×
FCF yield: 6.4%
Price / tangible book: 3.14×
ROCE: 16%
Net income (owners): £44.1m

Hover or tap a figure for its formula and the values used – the names are the line names of the key figures below. Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Key figures As reported

Income statement Balance sheet Cash flow

Annual Half-yearly

Standardised line items in £m, comparable across companies – figures the company reported in EUR are converted to £ at the average rate of each period (balance sheets: at the date); when a later report restated a period, the later figure is shown and marked ^r (hover for the figure first reported). Italic = calculated (LTM, H2 = FY − H1); a year of other than 12 months is marked (15m). Hover a value for its source.

Latest report: FY Apr 26 (twelve months to 30 Apr 26), published 02 Jul 26 · read the results ↗

Source ↗

	2026 (€ thousands)	2025 (€ thousands)
Assets
Property, plant and equipment	746	550
Intangible assets and goodwill	352,484	360,049
Right-of-use assets	1,723	868
Non-current assets	354,953	361,467
Trade and other receivables	5,155	4,740
Cash and cash equivalents	30,764	23,606
Current assets	35,919	28,346
Total Assets	390,872	389,813
Equity
Share capital	5,213	5,636
Own shares held	(7,639)	(6,560)
Capital reorganisation reserve	(286,904)	(286,904)
Capital redemption reserve	609	186
Retained earnings	584,236	636,645
Total equity	295,515	349,003
Loans and borrowings	72,566	25,090
Deferred tax liabilities	1,709	2,211
Non-current liabilities	74,275	27,301
Current tax liabilities	977	1,490
Loans and borrowings	628	270
Trade and other payables	13,271	6,341
Contract liabilities and prepayments	6,206	5,408
Current liabilities	21,082	13,509
Total liabilities	95,357	40,810
Total equity and liabilities	390,872	389,813

Source ↗

	2026 (€ thousands)	2025 (€ thousands)
Cash flows from operating activities
Profit for the year	50,943	44,756
Adjustments for
Depreciation and amortisation	8,259	10,888
(Profit) / loss on property, plant and equipment disposals	(1)	4
Taxation	7,656	6,344
Net finance costs	1,768	2,394
Share-based payments	266	1,877
Other non-cash items	(31)	-
Working capital adjustments
Increase in trade and other receivables	(454)	(294)
Increase in trade and other payables	710	293
Increase in contract liabilities and prepayments	798	575
Cash generated from operating activities	69,914	66,837
Corporate income tax paid	(8,672)	(7,426)
Interest received	151	264
Interest and commitment fees paid	(1,028)	(2,308)
Net cash inflow from operating activities	60,365	57,367
Cash flows from investing activities
Acquisition of intangible assets and property, plant and equipment	(581)	(353)
Proceeds from sale of property, plant and equipment	1	-
Acquisition of business	-	(1,000)
Net cash used in investing activities	(580)	(1,353)
Cash flows from financing activities
Proceeds from loans and borrowings	71,622	-
Repayment of loans and borrowings	(25,000)	(25,000)
Payment of debt transaction costs	(215)	-
Payment of lease liabilities	(329)	(265)
Purchase of own shares for cancellation	(76,912)	(13,764)
Purchase of own shares for performance share plan	(3,109)	(2,363)
Proceeds from exercise of share options	14	12
Dividends paid	(18,668)	(15,880)
Net cash used in financing activities	(52,597)	(57,260)
Net cash inflow/(outflow) from operating, investing and financing activities	7,188	(1,246)
Differences on exchange	(30)	(5)
Net increase/(decrease) in cash and cash equivalents	7,158	(1,251)
Cash and cash equivalents at the beginning of the year	23,606	24,857
Cash and cash equivalents at the end of the year	30,764	23,606

Source ↗

	31 October 2025 (€ thousands)	31 October 2024 (€ thousands)	30 April 2025 (€ thousands)
Assets
Property, plant and equipment	705	683	550
Intangible assets and goodwill	356,261	363,078	360,049
Right-of-use assets	1,819	999	868
Non-current assets	358,785	364,760	361,467
Trade and other receivables	5,245	4,914	4,740
Cash and cash equivalents	22,396	21,713	23,606
Current assets	27,641	26,627	28,346
Total assets	386,426	391,387	389,813
Equity
Share capital	5,623	5,636	5,636
Own shares held	(6,949)	(6,560)	(6,560)
Capital reorganisation reserve	(286,904)	(286,904)	(286,904)
Capital redemption reserve	199	186	186
Retained earnings	642,708	618,516	636,645
Total equity	354,677	330,874	349,003
Loans and borrowings	1,350	45,016	25,090
Deferred tax liabilities	2,083	2,495	2,211
Non-current liabilities	3,433	47,511	27,301
Current tax liabilities	960	1,124	1,490
Loans and borrowings	15,098	313	270
Trade and other payables	6,711	6,226	6,341
Contract liabilities and prepayments	5,547	5,339	5,408
Current liabilities	28,316	13,002	13,509
Total liabilities	31,749	60,513	40,810
Total equity and liabilities	386,426	391,387	389,813

Source ↗

	6 months ended 31 October 2025 (€ thousands)	6 months ended 31 October 2024 (€ thousands)	Year ended 30 April 2025 (€ thousands)
Cash flows from operating activities
Profit for the period	26,435	21,685	44,756
Adjustments for
Depreciation and amortisation	4,098	6,545	10,888
(Profit)/loss on property, plant and equipment disposals	(1)	4	4
Taxation	4,094	3,299	6,344
Net finance costs	558	1,385	2,394
Share-based payments	542	1,044	1,877
Working capital adjustments
Increase in trade and other receivables	(518)	(441)	(294)
Increase in trade and other payables	370	164	293
Increase in contract liabilities and prepayments	139	506	575
Cash generated from operating activities	35,717	34,191	66,837
Corporate income tax paid	(4,752)	(4,462)	(7,426)
Interest received	95	125	264
Interest and commitment fees paid	(432)	(1,332)	(2,308)
Net cash inflow from operating activities	30,628	28,522	57,367
Cash flows from investing activities
Acquisition of intangible assets and property, plant and equipment	(386)	(309)	(353)
Proceeds from sale of property, plant and equipment	1	-	-
Acquisition of business	-	-	(1,000)
Net cash used in investing activities	(385)	(309)	(1,353)
Cash flows from financing activities
Repayment of loans and borrowings	(10,000)	(5,000)	(25,000)
Payment of lease liabilities	(138)	(132)	(265)
Purchase of own shares for cancellation	(6,396)	(13,764)	(13,764)
Purchase of own shares for performance share plan	(2,419)	(2,363)	(2,363)
Proceeds from exercise of share options	14	12	12
Dividends paid	(12,502)	(10,105)	(15,880)
Net cash used in financing activities	(31,441)	(31,352)	(57,260)
Net cash outflow from operating, investing and financing activities	(1,198)	(3,139)	(1,246)
Differences on exchange	(12)	(5)	(5)
Net decrease in cash and cash equivalents	(1,210)	(3,144)	(1,251)
Cash and cash equivalents at the beginning of the period	23,606	24,857	24,857
Cash and cash equivalents at the end of the period	22,396	21,713	23,606

	FY Apr 26	FY Apr 25
Revenue to operating profit
Revenue	76.6	69.6
Adjusted EBITDA	59.4	54.2
Adjusted operating profit	58.7	53.5
Operating profit	52.3	45.0
Share-based payments	0.2	1.6
Operating profit to net income
Tax	6.6	5.3
Net income (owners)	44.1	37.6
Per share
EPS basic	9.4p	7.9p
EPS diluted	9.3p	7.9p

	H2 Apr 26	H1 Oct 25	H2 Apr 25	H1 Oct 24
Revenue to operating profit
Revenue	38.1	38.6	34.3	35.3
Adjusted EBITDA	29.1	30.3	26.4	27.8
Adjusted operating profit	28.8	30.0	26.0	27.5
Operating profit	25.5	26.8	22.7	22.3
Share-based payments	(0.2)	0.5	0.7	0.9
Operating profit to net income
Tax	3.1	3.5	2.5	2.8
Net income (owners)	21.4	22.8	19.3	18.3
Per share
EPS basic	4.5p	4.8p	4.1p	3.8p

	FY Apr 26	FY Apr 25
Operating activities
Cash from operations	52.3	48.3
Interest paid	(0.9)	(1.9)
Tax paid	(7.5)	(6.2)
Investing activities
Capex (PP&E)	(0.5)	(0.3)
Financing activities
Lease principal paid	(0.3)	(0.2)
Dividends paid	(16.2)	(13.4)
Share buybacks	(66.6)	(11.6)
Shares issued	0.0	0.0

	H2 Apr 26	H1 Oct 25	H2 Apr 25	H1 Oct 24
Operating activities
Cash from operations	25.9	26.4	24.1	24.1
Interest paid	(0.5)	(0.4)	(0.8)	(1.1)
Tax paid	(3.4)	(4.1)	(2.5)	(3.8)
Financing activities
Lease principal paid	(0.2)	(0.1)	(0.1)	(0.1)
Dividends paid	(5.4)	(10.8)	(4.8)	(8.5)
Share buybacks	(61.1)	(5.5)	0.1	(11.6)
Shares issued	0.0	0.0	(0.0)	0.0

	30 Apr 26	30 Apr 25
Non-current assets
Property, plant & equipment	0.6	0.5
Non-current assets	307.5	307.0
Current assets
Trade receivables	4.5	4.0
Cash	26.6	20.0
Current assets	31.1	24.1
Total assets	338.6	331.0
Current liabilities
Trade payables	11.5	5.4
Borrowings, current	0.5	0.2
Current liabilities	18.3	11.5
Non-current liabilities
Borrowings, non-current	62.9	21.3
Non-current liabilities	64.3	23.2
Total liabilities	82.6	34.7
Equity
Total equity	256.0	296.4
Net cash and other figures
Net cash / (debt) ex leases	(38.6)	(3.1)
Net cash / (debt) incl. leases	(40.0)	(3.7)

	30 Apr 26	31 Oct 25	30 Apr 25	31 Oct 24
Non-current assets
Property, plant & equipment	0.6	0.6	0.5	0.6
Non-current assets	307.5	315.5	307.0	305.6
Current assets
Trade receivables	4.5	4.6	4.0	4.1
Cash	26.6	19.7	20.0	18.2
Current assets	31.1	24.3	24.1	22.3
Total assets	338.6	339.8	331.0	327.9
Current liabilities
Trade payables	11.5	5.9	5.4	5.2
Borrowings, current	0.5	13.3	0.2	0.3
Current liabilities	18.3	24.9	11.5	10.9
Non-current liabilities
Borrowings, non-current	62.9	1.2	21.3	37.7
Non-current liabilities	64.3	3.0	23.2	39.8
Total liabilities	82.6	27.9	34.7	50.7
Equity
Total equity	256.0	311.9	296.4	277.2
Net cash and other figures
Net cash / (debt) ex leases	(38.6)	4.5	(3.1)	–
Net cash / (debt) incl. leases	(40.0)	–	(3.7)	–
Undrawn facilities	–	8.8	–	–

Read automatically from each results announcement. Check the source before relying on a figure.

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Company filings. Not investment advice.