DSW Capital

DSW · AIM · Financial Services · mcap £11m · 45.5p

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Financials · LTM to 31 Mar 26

Source: results 28 Jul 26 ↗

Revenue: £6.2m
Operating profit: £942k
Net income: £559k
Free cash flow: £1.1m
Net cash: £183k
Market cap: £11.6m
EV / EBIT: 12.0×
FCF yield: +9.7%
Price / book: 1.2×

Latest half-year · H1 Sep 25 vs H1 Sep 24 results 24 Nov 25 ↗

Revenue: £2.8m
Operating profit: £315k
Net income: £140k
Cash from operations: £662k

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 Mar 26 (twelve months to 31 Mar 26), published 28 Jul 26 · read the results ↗

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

	FY Mar 26	FY Mar 25	FY Mar 24
Revenue	6.2	4.9	–
Gross profit	4.8	4.3	–
Adjusted EBITDA	1.7	1.8	0.6
Operating profit	0.9	1.3	–
Depreciation (owned assets)	0.2	0.2	–
Amortisation	0.4	0.2	–
Share-based payments	0.2	0.1	–
Finance costs	(0.3)	(0.2)	–
Profit before tax	0.8	1.3	–
Tax	(0.2)	(0.3)	–
Net income (owners)	0.6	1.0	–

	H2 Mar 26	H1 Sep 25	H2 Mar 25	H1 Sep 24
Revenue	3.4	2.8	3.8	1.1
Gross profit	2.6	2.2	3.2	1.1
Operating profit	0.6	0.3	1.3	(0.0)
Depreciation (owned assets)	0.1	0.1	0.1	0.1
Amortisation	0.2	0.2	0.2	0.0
Share-based payments	0.1	0.1	0.1	0.1
Finance costs	(0.1)	(0.2)	(0.2)	(0.0)
Profit before tax	0.6	0.2	1.2	0.1
Tax	(0.1)	(0.1)	(0.3)	(0.0)
Net income (owners)	0.4	0.1	0.9	0.1
EPS basic	–	0.6p	–	0.3p
EPS diluted	–	0.5p	–	0.3p
Dividend per share	–	1.2p	–	1.0p

	FY Mar 26	FY Mar 25
Cash from operations	1.4	1.4
Interest paid	(0.2)	(0.1)
Tax paid	(0.5)	(0.6)
Capex (PP&E)	(0.1)	(0.1)
Lease principal paid	(0.2)	(0.2)
Lease interest paid	(0.0)	(0.0)
Dividends paid	(0.8)	(0.4)

	H2 Mar 26	H1 Sep 25	H2 Mar 25	H1 Sep 24
Cash from operations	0.7	0.7	1.6	(0.2)
Interest paid	(0.2)	(0.0)	(0.2)	0.1
Tax paid	(0.2)	(0.2)	(0.6)	0.0
Capex (PP&E)	(0.0)	(0.0)	(0.0)	(0.0)
Lease principal paid	(0.1)	(0.1)	(0.1)	(0.1)
Dividends paid	(0.8)	0.0	(0.2)	(0.2)

	FY Mar 26	FY Mar 25
Other intangibles	–	7.0
Property, plant & equipment	0.2	0.3
Associates & JVs	0.1	0.2
Other investments	1.5	1.5
Trade receivables	1.3	1.4
Cash	2.0	2.7
Current assets	4.9	5.7
Total assets	14.1	15.5
Trade payables	0.5	0.5
Lease liabilities, current	0.1	0.2
Current liabilities	1.8	1.9
Borrowings, non-current	1.8	2.8
Lease liabilities, non-current	0.0	0.1
Total liabilities	4.2	5.5
Total equity	10.0	10.0

	H2 Mar 26	H1 Sep 25	H2 Mar 25
Other intangibles	–	6.8	7.0
Property, plant & equipment	0.2	0.2	0.3
Associates & JVs	0.1	0.1	0.2
Other investments	1.5	1.5	1.5
Trade receivables	1.3	1.2	1.4
Cash	2.0	2.2	2.7
Current assets	4.9	–	5.7
Total assets	14.1	14.1	15.5
Trade payables	0.5	0.4	0.5
Lease liabilities, current	0.1	0.1	0.2
Current liabilities	1.8	–	1.9
Borrowings, non-current	1.8	1.8	2.8
Lease liabilities, non-current	0.0	0.0	0.1
Total liabilities	4.2	3.9	5.5
Total equity	10.0	10.2	10.0

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.