Craneware

CRW · AIM · Health Care · mcap £356m · 1100.0p

Craneware sells cloud software and data analytics, under the Trisus platform, that help US hospitals manage pricing, billing, drug-discount compliance and costs. Revenue is mostly recurring subscriptions.

Financials · LTM to 30 Jun 26

Source: results 21 Sep 26 ↗

Revenue: £153m
Operating profit: £19.7m
Net income: £14.7m
Free cash flow: £18.3m
Net cash: £8.5m
Market cap: £378m
EV / EBIT: 18.8×
FCF yield: +4.8%
Price / book: 1.6×

Latest half-year · H1 Dec 25 vs H1 Dec 24 results 02 Mar 26 ↗

Revenue: £78.9m
Operating profit: £9.9m
Net income: £7.5m
Cash from operations: £5.7m

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

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: FY Jun 26 (twelve months to 30 Jun 26), published 21 Sep 26 · read the results ↗

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

	FY Jun 26	FY Jun 25	FY Jun 24	FY Jun 23
Revenue	153.5	159.1	150.3	143.4
Gross profit	128.8	138.6	128.8	122.3
Adjusted EBITDA	50.0	50.5	46.3	45.2
Exceptional / adjusting items	(0.1)	(0.1)	(0.5)	(0.4)
Operating profit	19.7	19.5	15.7	15.8
Depreciation (owned assets)	(1.5)	(2.2)	(2.6)	(2.8)
Amortisation	(15.6)	(16.2)	–	(6.4)
Share-based payments	(4.6)	(4.4)	(3.6)	(2.5)
Finance costs	(1.4)	(2.1)	(4.1)	(5.2)
Profit before tax	19.2	18.5	12.5	10.8
Tax	(4.5)	(3.3)	(3.2)	(3.2)
Net income (owners)	14.7	15.2	9.3	7.6
EPS basic	42.7p	41.0p	2,649.1p	2,084.9p
EPS diluted	42.3p	40.2p	2,625.4p	2,069.0p

	H2 Jun 26	H1 Dec 25	H2 Jun 25	H1 Dec 24	H2 Jun 24	H1 Dec 23
Revenue	74.5	78.9	81.5	77.5	77.5	72.8
Gross profit	61.8	66.9	71.3	67.3	66.5	62.3
Adjusted EBITDA	25.1	25.0	27.0	23.5	24.3	22.0
Exceptional / adjusting items	0.0	(0.1)	–	–	(0.1)	(0.5)
Operating profit	9.8	9.9	11.1	8.5	9.0	6.7
Depreciation (owned assets)	(0.7)	(0.8)	(1.1)	(1.1)	(1.3)	(1.3)
Amortisation	(11.4)	(4.2)	(12.4)	(3.8)	–	(3.4)
Share-based payments	(2.4)	(2.2)	(2.4)	(2.0)	(1.8)	(1.8)
Finance costs	–	–	–	–	(1.9)	(2.2)
Profit before tax	9.5	9.7	10.7	7.8	7.8	4.7
Tax	(2.3)	(2.2)	(1.1)	(2.2)	(1.7)	(1.5)
Net income (owners)	7.2	7.5	9.6	5.6	6.1	3.2
EPS basic	21.5p	21.2p	24.5p	16.5p	2,640.0p	9.1p
EPS diluted	21.3p	20.9p	23.9p	16.3p	2,616.4p	9.0p

	FY Jun 26	FY Jun 25	FY Jun 24	FY Jun 23
Cash from operations	32.0	46.3	33.2	81.4
Interest paid	(1.1)	(1.7)	(3.7)	(5.4)
Tax paid	(9.3)	(7.5)	(9.4)	(1.5)
Capex (PP&E)	(0.4)	(0.4)	(0.9)	(0.4)
Capex (intangibles)	(12.6)	(11.5)	(12.5)	(12.4)
Lease principal paid	(0.7)	(0.7)	(1.2)	(2.1)
Lease interest paid	(0.1)	(0.1)	–	–
Dividends paid	(11.7)	(10.3)	(10.2)	(10.0)
Share buybacks	(18.7)	0.0	(2.0)	(3.1)
Shares issued	0.0	0.0	0.2	0.1

	H2 Jun 26	H1 Dec 25	H2 Jun 25	H1 Dec 24	H2 Jun 24	H1 Dec 23
Cash from operations	26.3	5.7	2.0	44.4	9.6	23.6
Interest paid	–	–	–	–	(1.7)	(2.0)
Tax paid	(2.9)	(6.5)	(0.9)	(6.6)	(6.4)	(3.0)
Capex (PP&E)	(0.2)	(0.2)	(0.1)	(0.3)	(0.4)	(0.5)
Capex (intangibles)	(6.3)	(6.3)	(6.0)	(5.5)	(6.2)	(6.3)
Lease principal paid	(0.3)	(0.3)	(0.3)	(0.3)	(0.6)	(0.6)
Lease interest paid	(0.0)	(0.1)	(0.1)	(0.1)	–	–
Dividends paid	(5.2)	(6.5)	(4.8)	(5.5)	(4.5)	(5.6)
Share buybacks	(18.6)	(0.1)	0.1	(0.1)	(0.9)	(1.0)
Shares issued	–	–	–	–	0.0	0.2

	FY Jun 26	FY Jun 25	FY Jun 24	FY Jun 23
Goodwill	177.5	171.5	186.0	186.5
Other intangibles	50.2	44.6	–	39.8
Property, plant & equipment	3.6	4.6	6.8	6.7
Trade receivables	40.9	46.4	46.4	28.1
Cash	41.4	40.8	27.4	62.3
Current assets	82.3	87.2	73.7	90.3
Total assets	393.7	401.7	429.9	457.4
Trade payables	16.0	18.5	13.6	12.6
Borrowings, current	0.0	20.2	6.3	6.3
Lease liabilities, current	–	–	–	1.1
Current liabilities	97.5	132.0	117.6	101.0
Borrowings, non-current	32.8	0.0	21.6	59.5
Lease liabilities, non-current	1.6	2.2	3.0	1.8
Total liabilities	153.2	155.6	170.1	197.5
Total equity	240.4	246.0	259.8	259.9
Net cash / (debt) ex leases	–	–	–	(3.6)
Treasury shares	1.3m	–	–	–
Undrawn facilities	–	–	63.3	31.7

	H2 Jun 26	H1 Dec 25	H2 Jun 25	H1 Dec 24	H2 Jun 24	H1 Dec 23
Goodwill	177.5	174.7	171.5	187.5	186.0	184.7
Other intangibles	50.2	47.5	44.6	47.1	–	42.4
Property, plant & equipment	3.6	4.1	4.6	6.0	6.8	5.8
Trade receivables	40.9	–	46.4	–	46.4	43.5
Cash	41.4	30.4	40.8	57.5	27.4	50.2
Current assets	82.3	76.6	87.2	100.4	73.7	93.7
Total assets	393.7	390.3	401.7	451.0	429.9	451.0
Trade payables	16.0	–	18.5	–	13.6	11.8
Borrowings, current	0.0	–	20.2	6.4	6.3	6.3
Lease liabilities, current	–	–	–	–	–	0.8
Current liabilities	97.5	99.0	132.0	140.8	117.6	120.6
Borrowings, non-current	32.8	17.4	0.0	18.8	21.6	40.2
Lease liabilities, non-current	1.6	1.9	2.2	2.7	3.0	1.5
Total liabilities	153.2	138.2	155.6	188.7	170.1	196.4
Total equity	240.4	252.0	246.0	262.3	259.8	254.7
Net cash / (debt) ex leases	–	–	–	–	–	3.7
Treasury shares	1.3m	–	–	–	–	–
Undrawn facilities	–	–	–	–	63.3	47.1

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.