Future

FUTR · Main Market · Media · mcap £258m · 309.2p

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Financials · LTM to 31 Mar 26

Source: results 14 May 26 ↗

Revenue: £710m
Operating profit: £85.5m
Net income: £36.5m
Free cash flow: £84.8m
Net debt: £314m
Market cap: £274m
EV / EBIT: 6.9×
FCF yield: +30.9%
Price / book: 0.3×

Latest half-year · H1 Mar 26 vs H1 Mar 25 results 14 May 26 ↗

Revenue: £349m
Operating profit: £32.7m
Net income: £12.2m
Cash from operations: £69.3m

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 Mar 26 (six months to 31 Mar 26), published 14 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
Revenue	709.9	739.2	788.2
Adjusted EBITDA	196.9	223.4	239.1
Adjusted operating profit	–	205.4	222.2
Operating profit	85.5	121.9	133.7
Amortisation	63.9	64.4	77.1
Share-based payments	4.0	5.5	8.3
Finance costs	(32.2)	(30.7)	(31.8)
Profit before tax	53.7	91.9	103.2
Tax	(17.2)	(25.6)	(26.4)
Net income (owners)	36.5	66.3	76.8
EPS basic	37.4p	62.7p	67.2p
EPS diluted	37.0p	62.1p	66.8p

	H1 Mar 26	vs H1 Mar 25	H2 Sep 25	H1 Mar 25
Revenue	349.1	−8%	360.8	378.4
Adjusted EBITDA	83.3	−24%	113.6	109.8
Operating profit	32.7	−53%	52.8	69.1
Depreciation (owned assets)	3.5	+3%	–	3.4
Amortisation	32.3	−2%	31.6	32.8
Share-based payments	1.8	−45%	2.2	3.3
Finance costs	(14.3)	+12%	(17.9)	(12.8)
Profit before tax	18.4	−67%	35.3	56.6
Tax	(6.2)	−58%	(11.0)	(14.6)
Net income (owners)	12.2	−71%	24.3	42.0
EPS basic	13.1p	–	24.3p	38.4p
EPS diluted	12.9p	–	24.1p	38.0p

	LTM Mar 26	FY Sep 25	FY Sep 24
Cash from operations	112.0	117.3	169.8
Interest paid	(28.7)	(27.2)	(26.0)
Tax paid	(26.7)	(42.9)	(33.7)
Capex (PP&E)	(3.9)	(3.3)	(2.8)
Capex (intangibles)	(14.9)	(12.9)	(11.1)
Lease principal paid	(6.6)	(6.2)	(6.9)
Lease interest paid	(1.8)	(1.5)	(1.7)
Dividends paid	(16.0)	(3.7)	(3.9)
Share buybacks	(100.2)	(102.8)	(63.1)

	H1 Mar 26	vs H1 Mar 25	H2 Sep 25	H1 Mar 25
Cash from operations	69.3	−7%	42.7	74.6
Interest paid	(12.3)	+14%	(16.4)	(10.8)
Tax paid	(13.5)	−55%	(13.2)	(29.7)
Capex (PP&E)	(2.4)	+33%	(1.5)	(1.8)
Capex (intangibles)	(8.0)	+33%	(6.9)	(6.0)
Lease principal paid	(3.3)	+14%	(3.3)	(2.9)
Lease interest paid	(1.1)	+38%	(0.7)	(0.8)
Dividends paid	(16.0)	+332%	0.0	(3.7)
Share buybacks	(36.9)	−7%	(63.3)	(39.5)

	Latest Mar 26	FY Sep 25	FY Sep 24
Goodwill	1,031.8	1,000.4	1,011.7
Other intangibles	452.0	453.3	502.0
Property, plant & equipment	31.0	29.5	32.8
Inventories	0.0	1.3	0.4
Trade receivables	100.0	105.1	115.3
Cash	44.6	27.6	39.7
Current assets	167.4	149.5	158.7
Total assets	1,682.2	1,633.1	1,708.0
Trade payables	111.2	92.4	121.7
Borrowings, current	0.0	0.0	20.0
Lease liabilities, current	4.4	5.6	8.4
Current liabilities	176.1	156.1	229.0
Borrowings, non-current	358.7	304.0	276.2
Lease liabilities, non-current	28.6	27.7	29.8
Deferred consideration	–	4.6	0.0
Total liabilities	674.1	594.3	646.3
Total equity	1,008.1	1,038.8	1,061.7
Net cash / (debt) ex leases	(314.1)	(276.4)	(256.5)
Undrawn facilities	600.0	600.0	–

	H1 Mar 26	H2 Sep 25	H1 Mar 25	H2 Sep 24
Goodwill	1,031.8	1,000.4	1,026.6	1,011.7
Other intangibles	452.0	453.3	487.4	502.0
Property, plant & equipment	31.0	29.5	31.5	32.8
Inventories	0.0	1.3	0.3	0.4
Trade receivables	100.0	105.1	104.2	115.3
Cash	44.6	27.6	56.2	39.7
Current assets	167.4	149.5	170.6	158.7
Total assets	1,682.2	1,633.1	1,717.2	1,708.0
Trade payables	111.2	92.4	115.7	121.7
Borrowings, current	0.0	0.0	40.0	20.0
Lease liabilities, current	4.4	5.6	7.0	8.4
Current liabilities	176.1	156.1	224.3	229.0
Borrowings, non-current	358.7	304.0	257.4	276.2
Lease liabilities, non-current	28.6	27.7	30.3	29.8
Deferred consideration	–	4.6	–	0.0
Total liabilities	674.1	594.3	623.3	646.3
Total equity	1,008.1	1,038.8	1,093.9	1,061.7
Net cash / (debt) ex leases	(314.1)	(276.4)	–	(256.5)
Undrawn facilities	600.0	600.0	–	–

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.