Hollywood Bowl Group

BOWL · Main Market · Travel and Leisure · mcap £419m · 251.5p

Hollywood Bowl runs bowling centres, with mini golf and arcade games, under the Hollywood Bowl and Puttstars brands in the UK and Canada. It makes money from bowling, food and drink, and amusements, and grows mainly by opening new sites.

Financials · LTM to 31 Mar 26

Source: results 27 May 26 ↗

Revenue: £263m
Operating profit: £58.0m
Net income: £33.5m
Free cash flow: £19.6m
Net cash: £26.0m
Market cap: £419m
EV / EBIT: 6.8×
FCF yield: +4.7%
Price / book: 2.7×

Latest half-year · H1 Mar 26 vs H1 Mar 25 results 27 May 26 ↗

Revenue: £142m
Operating profit: £34.7m
Net income: £19.5m
Cash from operations: £41.5m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

As reported Key figures · multi-year

Income statement Balance sheet Cash flow

Latest interim Latest annual

Half-year Results, published 27 May 26 · read the announcement ↗

Condensed Consolidated Income Statement and Statement of Comprehensive Income · For the six months ended 31 March 2026 · Six months ended 31 March 2026 Six months ended 31 March 2025

	Before adjusting items Unaudited £'000	Adjusting items (note 4) Unaudited £'000	Total Unaudited £'000	Before adjusting Items Unaudited £'000	Adjusting Items (note 4) Unaudited £'000	Total Unaudited £'000
Revenue	141,539	-	141,539	129,249	-	129,249
Cost of goods sold	(23,240)	-	(23,240)	(21,950)	-	(21,950)
Centre staff costs	(29,461)	-	(29,461)	(24,869)	-	(24,869)
Gross profit	88,838	-	88,838	82,430	-	82,430
Other income	-	-	-	-	1,613	1,613
Administrative expenses	(51,176)	(2,962)	(54,138)	(48,209)	(946)	(49,155)
Operating profit	37,662	(2,962)	34,700	34,221	667	34,888
Finance income	329	-	329	555	-	555
Finance expenses	(7,454)	(343)	(7,797)	(6,818)	(291)	(7,109)
Profit before tax	30,537	(3,305)	27,232	27,958	376	28,334
Tax (charge)/credit	(7,898)	212	(7,686)	(7,310)	(391)	(7,701)
Profit for the period attributable to equity shareholders	22,639	(3,093)	19,546	20,648	(15)	20,633
Other comprehensive income Retranslation gain/(loss) of foreign currency denominated operations	519	-	519	(1,219)	-	(1,219)
Total comprehensive income for the period attributable to equity shareholders	23,158	(3,093)	20,065	19,429	(15)	19,414
Earnings per share
Basic earnings per share (pence)	11.70	12.00
Diluted earnings per share (pence)	11.64	11.93
Weighted average number of shares - Basic	167,076,651	171,939,567
Dilutive potential ordinary shares	879,658	1,040,490
Weighted average number of shares - Diluted	167,956,309	172,980,057

Condensed Consolidated Statement of Financial Position · As at 31 March 2026

	31 March 2026 Unaudited £'000	31 March 2025 Unaudited £'000	30 September 2025 Audited £'000
Assets
Non-current assets
Property, plant and equipment	121,367	114,261	121,737
Right-of-use assets	183,349	184,927	186,717
Goodwill and intangible assets	99,064	99,596	99,336
Deferred tax asset	-	577	849
	403,780	399,361	408,639
Current assets
Cash and cash equivalents	25,994	22,738	15,189
Trade and other receivables	7,335	7,544	9,633
Corporation tax receivable	-	-	2,208
Inventories	4,160	3,045	3,553
	37,489	33,327	30,583
Total assets	441,269	432,688	439,222
LIABILITIES
Current liabilities
Trade and other payables	36,352	28,725	35,063
Lease liabilities	15,158	15,155	15,131
Corporation tax payable	1,193	1,424	-
	52,703	45,304	50,194
Non-current liabilities
Other payables	961	7,907	5,706
Lease liabilities	219,976	216,368	220,662
Deferred tax liability	4,649	4,971	5,552
Provisions	6,077	6,019	5,820
	231,663	235,265	237,740
Total liabilities	284,366	280,569	287,934
NET ASSETS	156,903	152,119	151,288
Equity attributable to shareholders
Share capital	1,676	1,702	1,668
Share premium	40,141	39,716	39,716
Merger reserve	(49,897)	(49,897)	(49,897)
Capital redemption reserve	59	25	59
Foreign currency translation reserve	(1,932)	(2,409)	(2,451)
Retained earnings	166,856	162,982	162,193
TOTAL EQUITY	156,903	152,119	151,288

Condensed Consolidated Statement of Cash Flows · For the six months ended 31 March 2026

	Six months ended 31 March 2026 Unaudited £'000	Six months ended 31 March 2025 Unaudited £'000
Cash flows from operating activities
Profit before tax	27,232	28,334
Adjusted by
Depreciation of property, plant and equipment (PPE)	7,144	6,746
Depreciation of right-of-use (ROU) assets	8,948	8,160
Amortisation of intangible assets	612	556
Impairment of PPE and ROU Assets	2,848	-
Net interest expense	7,468	6,554
(Profit)/loss on disposal of property, plant and equipment, software and ROU Assets	(6)	20
Share-based payments	754	778
Operating profit before working capital changes	55,000	51,148
Increase in inventories	(608)	(148)
Decrease in trade and other receivables	2,277	1,857
Decrease in payables and provisions	(3,877)	(1,540)
Cash inflow generated from operations	52,792	51,317
Interest received	308	581
Corporation tax paid	(4,339)	(4,157)
Bank interest paid	(58)	(46)
Lease interest paid	(7,244)	(6,608)
Net cash inflow from operating activities	41,459	41,087
Cash flows from investing activities
Purchase of property, plant and equipment	(8,208)	(19,669)
Purchase of intangible assets	(264)	(358)
Proceeds from sale of assets	98	-
Net cash used in investing activities	(8,374)	(20,027)
Cash flows from financing activities
Payment of capital elements of leases	(7,142)	(6,754)
Share buy back	-	(6,313)
Issue of shares	109	-
Dividends paid	(15,316)	(13,904)
Net cash used in financing activities	(22,349)	(26,971)
Net change in cash and cash equivalents for the period	10,736	(5,911)
Effect of foreign exchange rates on cash and cash equivalents	69	(53)
Cash and cash equivalents at the beginning of the period	15,189	28,702
Cash and cash equivalents at the end of the period	25,994	22,738

Final Results, published 16 Dec 25 · read the announcement ↗

Consolidated income statement and statement of comprehensive income · Year ended 30 September 2025

	Before adjusting items 30 September 2025 £'000	Adjusting items (note 5) 30 September 2025 £'000	Total 30 September 2025 £'000	Before adjusting items 1 30 September 2024 £'000	Adjusting items 1 (note 5) 30 September 2024 £'000	Total 30 September 2024 £'000
Revenue	250,662	-	250,662	230,399	-	230,399
Cost of goods sold	(41,851)	-	(41,851)	(39,178)	-	(39,178)
Centre staff costs	(51,843)	-	(51,843)	(45,723)	-	(45,723)
Gross profit	156,968	-	156,968	145,498	-	145,498
Other income	-	1,613	1,613	-	607	607
Administrative expenses	(97,616)	(2,741)	(100,357)	(84,853)	(7,746)	(92,599)
Operating profit	59,352	(1,128)	58,224	60,645	(7,139)	53,506
Finance income	827	-	827	1,722	-	1,722
Finance expenses	(14,187)	(580)	(14,767)	(12,040)	(430)	(12,470)
Profit before tax	45,992	(1,708)	44,284	50,327	(7,569)	42,758
Tax charge	(9,283)	(392)	(9,675)	(12,700)	(148)	(12,848)
Profit for the year attributable to equity shareholders	36,709	(2,100)	34,609	37,627	(7,717)	29,910
Other comprehensive income
Retranslation loss of foreign currency denominated operations	(1,261)	-	(1,261)	(1,057)	-	(1,057)
Total comprehensive income for the year attributable to equity shareholders	35,448	(2,100)	33,348	36,570	(7,717)	28,853
Basic earnings per share (pence)	10	20.28	17.42
Diluted earnings per share (pence)	10	20.14	17.31

Consolidated statement of financial position · As at 30 September 2025

	30 September 2025 £'000	30 September 2024 £'000
ASSETS
Non-current assets
Property, plant and equipment	121,737	101,936
Right-of-use assets	186,717	172,767
Goodwill and intangible assets	99,336	100,323
Deferred tax asset	849	518
	408,639	375,544
Current assets
Cash and cash equivalents	15,189	28,702
Trade and other receivables	9,633	9,420
Corporation tax receivable	2,208	1,268
Inventories	3,553	2,897
	30,583	42,287
Total assets	439,222	417,831
LIABILITIES
Current liabilities
Trade and other payables	35,063	30,427
Lease liabilities	15,131	14,231
	50,194	44,658
Non-current liabilities
Other payables	5,706	7,116
Lease liabilities	220,662	204,011
Deferred tax liability	5,552	3,993
Provisions	5,820	5,848
	237,740	220,968
Total liabilities	287,934	265,626
NET ASSETS	151,288	152,205
Equity attributable to shareholders
Share capital	1,668	1,721
Share premium	39,716	39,716
Capital redemption reserve	59	1
Merger reserve	(49,897)	(49,897)
Foreign currency translation reserve	(2,451)	(1,190)
Retained earnings	162,193	161,854
TOTAL EQUITY	151,288	152,205

Consolidated statement of cash flows · For the year ended 30 September 2025

	30 September 2025 £'000	30 September 2024 £'000
Cash flows from operating activities
Profit before tax	44,284	42,758
Adjusted by
Depreciation of property, plant and equipment (PPE)	13,455	11,167
Depreciation of right-of-use (ROU) assets	17,050	14,752
Amortisation of intangible assets	1,155	935
Impairment of PPE and ROU assets	2,288	5,316
Net interest expense	13,940	10,748
Loss on disposal of property, plant and equipment and software	223	88
Landlord settlement	-	(607)
Insurance settlement	(1,613)	-
Share-based payments	1,798	1,782
Operating profit before working capital changes	92,580	86,939
Increase in inventories	(656)	(294)
Increase in trade and other receivables	(275)	(1,183)
Increase in payables and provisions	2,740	2,495
Cash inflow generated from operations	94,389	87,957
Interest received	879	1,782
Income tax paid - corporation tax	(9,445)	(10,536)
Bank interest paid	(159)	(166)
Lease interest paid	(13,731)	(11,615)
Landlord settlement	-	607
Insurance settlement	1,613	-
Net cash inflow from operating activities	73,546	68,029
Cash flows from investing activities
Acquisition of subsidiaries	-	(13,757)
Subsidiary cash acquired	-	78
Purchase of property, plant and equipment	(35,815)	(37,979)
Purchase of intangible assets	(714)	(946)
Proceeds from sale of assets	80	-
Net cash used in investing activities	(36,449)	(52,604)
Cash flows from financing activities
Payment of capital elements of leases	(14,560)	(12,305)
Share buy back	(15,151)	(379)
Dividends paid	(20,827)	(26,180)
Net cash used in financing activities	(50,538)	(38,864)
Net change in cash and cash equivalents for the year	(13,441)	(23,439)
Effect of foreign exchange rates on cash and cash equivalents	(72)	(314)
Cash and cash equivalents at the beginning of the year	28,702	52,455
Cash and cash equivalents at the end of the year	15,189	28,702

As published in the company's results announcement: every line, heading and subtotal, read automatically from the text. Figures in brackets are negative; units as stated in the column headings.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: H1 Mar 26 (six months to 31 Mar 26), published 27 May 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	LTM Mar 26	FY Sep 25	FY Sep 24	FY Sep 23	FY Sep 22
Revenue to operating profit
Revenue	263.0	250.7	230.4	215.1	193.7
Gross profit	163.4	157.0	145.5	136.9	130.6
Adjusted EBITDA	95.9	91.2	87.6	82.7	77.5
Adjusted operating profit	–	–	–	56.3	51.8
Operating profit	58.0	58.2	53.5	54.1	55.4
Depreciation (owned assets)	13.9	13.5	11.2	10.1	8.7
Depreciation (right-of-use)	17.8	17.1	14.8	13.0	12.0
Amortisation	1.2	1.2	0.9	0.8	0.6
Share-based payments	1.8	1.8	1.8	1.2	0.9
Operating profit to net income
Finance costs	–	(14.8)	(12.5)	(10.4)	(8.8)
Profit before tax	43.2	44.3	42.8	45.1	46.7
Tax	(9.7)	(9.7)	(12.8)	(10.9)	(9.2)
Net income (owners)	33.5	34.6	29.9	34.2	37.5
Per share
EPS basic	20.0p	20.3p	17.4p	19.9p	21.9p
EPS diluted	19.9p	20.1p	17.3p	19.8p	21.8p
Dividend per share	13.7p	13.3p	12.1p	11.8p	14.5p

	H1 Mar 26	vs H1 Mar 25	H2 Sep 25	H1 Mar 25	H2 Sep 24	H1 Mar 24	H2 Sep 23
Revenue to operating profit
Revenue	141.5	+10%	121.4	129.2	111.2	119.2	104.8
Gross profit	88.8	+8%	74.5	82.4	68.4	77.1	65.5
Adjusted EBITDA	54.4	+9%	41.5	49.7	39.3	48.3	38.8
Exceptional / adjusting items	–	–	–	–	–	(1.2)	–
Operating profit	34.7	−1%	23.3	34.9	19.1	34.4	22.8
Depreciation (owned assets)	7.1	+6%	6.7	6.7	5.9	5.3	5.2
Depreciation (right-of-use)	8.9	+10%	8.9	8.2	7.7	7.0	6.6
Amortisation	0.6	+10%	0.6	0.6	0.5	0.4	0.4
Share-based payments	0.8	−3%	1.0	0.8	1.0	0.8	0.7
Operating profit to net income
Finance costs	–	–	–	–	(6.6)	(5.9)	(5.4)
Profit before tax	27.2	−4%	15.9	28.3	13.2	29.5	18.4
Tax	(7.7)	0%	(2.0)	(7.7)	(5.3)	(7.6)	(5.1)
Net income (owners)	19.5	−5%	14.0	20.6	8.0	21.9	13.3
Per share
EPS basic	11.7p	–	8.3p	12.0p	4.6p	12.8p	7.7p
EPS diluted	11.6p	–	8.2p	11.9p	4.6p	12.7p	7.7p
Dividend per share	4.5p	–	9.2p	4.1p	8.1p	4.0p	8.5p

	LTM Mar 26	FY Sep 25	FY Sep 24	FY Sep 23	FY Sep 22
Operating activities
Cash from operations	73.9	73.5	68.0	63.5	75.2
Interest paid	(0.2)	(0.2)	(0.2)	(0.3)	(0.1)
Tax paid	(9.6)	(9.4)	(10.5)	(9.1)	(6.6)
Investing activities
Capex (PP&E)	(24.4)	(35.8)	(38.0)	(21.8)	(21.7)
Capex (intangibles)	(0.6)	(0.7)	(0.9)	(1.1)	(0.2)
Financing activities
Lease principal paid	(14.9)	(14.6)	(12.3)	(11.4)	(14.4)
Lease interest paid	(14.4)	(13.7)	(11.6)	(9.8)	(8.5)
Dividends paid	(22.2)	(20.8)	(26.2)	(25.3)	(5.1)
Share buybacks	(8.8)	(15.2)	(0.4)	–	–
Shares issued	–	–	–	0.0	0.0

	H1 Mar 26	vs H1 Mar 25	H2 Sep 25	H1 Mar 25	H2 Sep 24	H1 Mar 24	H2 Sep 23
Operating activities
Cash from operations	41.5	+1%	32.5	41.1	29.8	38.2	31.6
Interest paid	(0.1)	n/m	(0.1)	(0.0)	(0.1)	(0.1)	(0.2)
Tax paid	(4.3)	+4%	(5.3)	(4.2)	(5.6)	(5.0)	(4.8)
Investing activities
Capex (PP&E)	(8.2)	−58%	(16.1)	(19.7)	(22.5)	(15.5)	(10.6)
Capex (intangibles)	(0.3)	−26%	(0.4)	(0.4)	(0.5)	(0.4)	(1.0)
Financing activities
Lease principal paid	(7.1)	+6%	(7.8)	(6.8)	(6.3)	(6.0)	(5.9)
Lease interest paid	(7.2)	+10%	(7.1)	(6.6)	(6.2)	(5.5)	(5.1)
Dividends paid	(15.3)	+10%	(6.9)	(13.9)	(6.8)	(19.4)	(5.6)
Share buybacks	0.0	n/m	(8.8)	(6.3)	0.0	(0.4)	–
Shares issued	0.1	n/m	–	0.0	–	–	0.0

	Latest Mar 26	FY Sep 25	FY Sep 24	FY Sep 23	FY Sep 22
Non-current assets
Goodwill	99.1	99.3	–	–	–
Property, plant & equipment	121.4	121.7	101.9	78.3	68.6
Non-current assets	403.8	408.6	375.5	319.8	299.5
Current assets
Inventories	4.2	3.6	2.9	2.4	2.1
Trade receivables	7.3	9.6	9.4	8.1	5.1
Cash	26.0	15.2	28.7	52.5	56.1
Current assets	37.5	30.6	42.3	63.7	63.6
Total assets	441.3	439.2	417.8	383.5	363.2
Current liabilities
Trade payables	36.4	35.1	30.4	29.1	28.7
Lease liabilities, current	15.2	15.1	14.2	12.6	11.6
Current liabilities	52.7	50.2	44.7	41.7	40.2
Non-current liabilities
Lease liabilities, non-current	220.0	220.7	204.0	181.7	176.8
Non-current liabilities	231.7	237.7	221.0	193.9	184.5
Total liabilities	284.4	287.9	265.6	235.6	224.7
Equity
Total equity	156.9	151.3	152.2	147.9	138.4
Net cash and other figures
Net cash / (debt) ex leases	26.0	15.2	28.7	52.5	56.1
Undrawn facilities	25.0	–	–	–	–

	H1 Mar 26	H2 Sep 25	H1 Mar 25	H2 Sep 24	H1 Mar 24	H2 Sep 23
Non-current assets
Goodwill	99.1	99.3	99.6	–	–	–
Property, plant & equipment	121.4	121.7	114.3	101.9	91.2	78.3
Non-current assets	403.8	408.6	399.4	375.5	346.3	319.8
Current assets
Inventories	4.2	3.6	3.0	2.9	2.9	2.4
Trade receivables	7.3	9.6	7.5	9.4	9.2	8.1
Cash	26.0	15.2	22.7	28.7	41.4	52.5
Current assets	37.5	30.6	33.3	42.3	53.5	63.7
Total assets	441.3	439.2	432.7	417.8	399.8	383.5
Current liabilities
Trade payables	36.4	35.1	28.7	30.4	29.6	29.1
Lease liabilities, current	15.2	15.1	15.2	14.2	13.0	12.6
Current liabilities	52.7	50.2	45.3	44.7	43.3	41.7
Non-current liabilities
Lease liabilities, non-current	220.0	220.7	216.4	204.0	192.1	181.7
Non-current liabilities	231.7	237.7	235.3	221.0	205.6	193.9
Total liabilities	284.4	287.9	280.6	265.6	249.0	235.6
Equity
Total equity	156.9	151.3	152.1	152.2	150.9	147.9
Net cash and other figures
Net cash / (debt) ex leases	26.0	15.2	22.7	28.7	41.4	52.5
Undrawn facilities	25.0	–	–	–	–	–

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.