Emv Capital

EMVC · AIM · Health Care · mcap £12m · 45.0p

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Financials · LTM to 30 Jun 26

Source: results 24 Sep 26 ↗

Going-concern uncertainty

Revenue: £3.1m
Operating profit: £19.0m
Net income: £19.2m
Free cash flow: −£1.7m
Net debt: £63k
Market cap: £12.6m
EV / EBIT: 0.6×
FCF yield: −13.1%
Price / book: 0.4×

Latest half-year · H1 26 vs H1 25 results 24 Sep 26 ↗

Revenue: £1.3m
Operating profit: £18.0m
Net income: £18.1m
Cash from operations: −£604k

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: H1 26 (six months to 30 Jun 26), published 24 Sep 26 · read the results ↗

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

	LTM Jun 26	FY 25	FY 24
Revenue	3.1	2.9	2.5
Gross profit	2.8	2.6	2.1
Operating profit	19.0	(0.4)	(3.4)
Depreciation (owned assets)	0.0	0.0	0.1
Depreciation (right-of-use)	0.1	0.1	0.1
Amortisation	0.2	0.2	0.2
Share-based payments	5.3	0.2	0.1
Fair value gains / losses	–	1.4	0.0
Finance costs	(0.3)	(0.2)	(0.2)
Profit before tax	18.5	(0.7)	(3.7)
Tax	0.0	0.0	0.0
Net income (owners)	19.2	(0.0)	(3.1)
EPS basic	68.9p	(0.1p)	(12.6p)
EPS diluted	68.9p	(0.1p)	(12.6p)

	H1 26	vs H1 25	H2 25	H1 25
Revenue	1.3	+22%	1.8	1.0
Gross profit	1.1	+16%	1.7	0.9
Operating profit	18.0	n/m	1.0	(1.4)
Depreciation (owned assets)	0.0	n/m	0.0	0.0
Depreciation (right-of-use)	0.1	n/m	0.1	0.0
Amortisation	0.1	0%	0.1	0.1
Share-based payments	5.2	n/m	0.1	0.0
Fair value gains / losses	(0.4)	–	–	–
Finance costs	(0.2)	n/m	(0.1)	(0.0)
Profit before tax	17.7	n/m	0.8	(1.5)
Tax	0.0	n/m	0.0	0.0
Net income (owners)	18.1	n/m	1.1	(1.1)
EPS basic	64.9p	–	4.0p	(4.1p)
EPS diluted	64.9p	–	4.0p	(4.1p)

	LTM Jun 26	FY 25	FY 24
Cash from operations	(1.4)	(1.2)	(1.8)
Tax paid	–	0.0	0.1
Capex (PP&E)	(0.0)	(0.0)	(0.0)
Capex (intangibles)	(0.1)	(0.1)	(0.1)
Lease principal paid	(0.2)	(0.1)	(0.2)
Shares issued	–	0.0	1.5

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	(0.6)	n/m	(0.8)	(0.4)
Capex (PP&E)	(0.0)	n/m	(0.0)	(0.0)
Capex (intangibles)	0.0	n/m	(0.1)	(0.0)
Lease principal paid	(0.1)	n/m	(0.1)	(0.0)

	Latest Jun 26	FY 25	FY 24
Other intangibles	1.4	1.9	2.0
Property, plant & equipment	0.0	0.1	0.1
Associates & JVs	0.8	0.9	1.1
Inventories	0.0	0.1	0.1
Trade receivables	2.0	1.0	1.0
Cash	0.7	0.5	1.0
Current assets	2.7	1.6	2.1
Total assets	41.7	19.8	19.5
Trade payables	2.2	3.5	3.9
Borrowings, current	0.7	2.1	0.5
Lease liabilities, current	0.1	0.1	0.1
Current liabilities	3.0	5.8	4.5
Borrowings, non-current	0.0	0.0	0.9
Lease liabilities, non-current	0.0	0.3	0.0
Total liabilities	8.2	6.1	–
Non-controlling interests	0.1	(1.6)	(1.0)
Total equity	33.4	13.7	14.1
Net asset value	33.4	13.7	–

	H1 26	H2 25	H1 25	H2 24
Other intangibles	1.4	1.9	1.9	2.0
Property, plant & equipment	0.0	0.1	0.0	0.1
Associates & JVs	0.8	0.9	1.0	1.1
Inventories	0.0	0.1	0.1	0.1
Trade receivables	2.0	1.0	1.3	1.0
Cash	0.7	0.5	0.5	1.0
Current assets	2.7	1.6	1.9	2.1
Total assets	41.7	19.8	19.6	19.5
Trade payables	2.2	3.5	4.6	3.9
Borrowings, current	0.7	2.1	0.5	0.5
Lease liabilities, current	0.1	0.1	0.1	0.1
Current liabilities	3.0	5.8	5.1	4.5
Borrowings, non-current	0.0	0.0	0.9	0.9
Lease liabilities, non-current	0.0	0.3	0.1	0.0
Total liabilities	8.2	6.1	6.1	–
Non-controlling interests	0.1	(1.6)	(1.2)	(1.0)
Total equity	33.4	13.7	13.6	14.1
Net asset value	33.4	13.7	–	–

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.