Gateley (Holdings)

GTLY · AIM · Industrial Goods and Services · mcap £98m · 72.0p

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Financials · LTM to 30 Apr 26

Source: results 21 Jul 26 ↗

Revenue: £194m
Operating profit: £7.5m
Net income: £3.0m
Free cash flow: −£3.7m
Net debt: £25.3m
Market cap: £98.8m
EV / EBIT: 16.7×
FCF yield: −3.8%
Price / book: 1.7×

Latest half-year · H1 Oct 25 vs H1 Oct 24 results 09 Dec 25 ↗

Revenue: £94.3m
Operating profit: £5.5m
Net income: £5.0m
Cash from operations: −£7.0m

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

As reported Key figures

Income statement Balance sheet Cash flow

Annual Half-yearly

Every line as the company printed it in the results of each period, newest first. Italic = calculated (H2 = full year − first half). The column headings link to the announcements.

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

The income statement could not be read from the annual results announcements – see Key figures.

	H1 Oct 25£'000	H1 Oct 24£'000
Revenue	94,320	86,299
Other operating income	108	7
Personnel costs, excluding IFRS 2 charge	(60,439)	(54,686)
Depreciation - Property, plant and equipment	(588)	(552)
Depreciation - Right-to-use asset	(2,265)	(2,131)
Impairment of trade receivables and contract assets	(669)	(781)
Other operating expenses	(21,827)	(19,079)
Operating profit before non-underlying operating and exceptional items	8,640	9,077
Non-underlying operating items	(1,586)	(5,895)
Exceptional items	(1,521)	(1,371)
	(3,107)	(7,266)
Operating profit	5,533	1,811
Financing income	2,637	2,666
Financing expense	(1,823)	(1,144)
Profit before tax	6,347	3,333
Taxation	(1,340)	(1,413)
Profit for the period after tax attributable to equity holders of the parent	5,007	1,920
Other comprehensive income
Items that are or may be reclassified subsequently to profit or loss
Foreign exchange translation differences
- Revaluation of other investments	-	-
- Exchange differences on foreign branch	120	(181)
Profit for the financial period and total comprehensive income all attributable to equity holders of the parent	5,127	1,739
Statutory earnings per share (pence)
Basic earnings per share	3.73p	1.44p
Diluted earnings per share	3.72p	1.44p

	FY Apr 26£'000	FY Apr 25£'000
Non-current assets
Property, plant and equipment	3,223	1,806
Right of use asset	22,331	21,131
Deferred tax asset	591	566
Intangible assets and goodwill	13,182	11,072
Other intangible assets	55	222
Trade and other receivables	931	2,559
Other investments	30	115
Total non-current assets	40,343	37,471
Current assets
Contract assets	27,469	24,886
Trade and other receivables	78,396	70,576
Cash and cash equivalents	8,017	12,081
Total current assets	113,882	107,543
Total assets	154,225	145,014
Non-current liabilities
Other interest-bearing loans and borrowings	(33,291)	(18,685)
Lease liability	(22,844)	(21,552)
Deferred tax liability	(2,953)	(2,409)
Other payables	(432)	-
Acquisition consideration	(1,050)	-
Provisions	(2,560)	(2,730)
Total non-current liabilities	(63,130)	(45,376)
Current liabilities
Trade and other payables	(27,968)	(25,935)
Lease liability	(4,279)	(4,230)
Provisions	(265)	(175)
Current tax liabilities	(1,011)	(1,794)
Total current liabilities	(33,523)	(32,134)
Total liabilities	(96,653)	(77,510)
Net assets	57,572	67,504
Equity
Share capital	13,727	13,370
Share premium	1,730	424
Merger reserve	(9,950)	(9,950)
Other reserve	20,227	19,754
Treasury reserve	(1,196)	(2,647)
Translation reserve	(382)	(212)
Retained earnings	33,416	46,765
Total equity	57,572	67,504

	H2 Apr 26£'000	H1 Oct 25£'000	H2 Apr 25£'000	H1 Oct 24£'000
Non-current assets
Property, plant and equipment	3,223	2,796	1,806	1,534
Right of use asset	22,331	22,359	21,131	22,113
Investment property	–	-	–	164
Intangible assets & goodwill	–	14,288	–	12,314
Deferred tax asset	591	566	566	373
Intangible assets and goodwill	13,182	–	11,072	–
Other intangible assets	55	101	222	423
Trade and other receivables	931	4,540	2,559	5,404
Other investments	30	115	115	275
Total non-current assets	40,343	44,765	37,471	42,600
Current assets
Contract assets	27,469	32,200	24,886	29,865
Trade and other receivables	78,396	71,097	70,576	66,881
Cash and cash equivalents	8,017	10,627	12,081	14,162
Total current assets	113,882	113,924	107,543	110,908
Total assets	154,225	158,689	145,014	153,508
Non-current liabilities
Other interest-bearing loans and borrowings	(33,291)	(30,238)	(18,685)	-
Lease liability	(22,844)	(22,893)	(21,552)	(22,604)
Deferred tax liability	(2,953)	(3,318)	(2,409)	(2,628)
Other payables	(432)	11	-	-
Acquisition consideration	(1,050)	–	-	–
Provisions	(2,560)	(2,730)	(2,730)	(3,725)
Total non-current liabilities	(63,130)	(59,179)	(45,376)	(28,957)
Current liabilities
Other interest-bearing loans and borrowings	–	-	–	(12,956)
Trade and other payables	(27,968)	(24,001)	(25,935)	(25,509)
Lease liability	(4,279)	(4,228)	(4,230)	(5,083)
Provisions	(265)	(175)	(175)	(175)
Current tax liabilities	(1,011)	-	(1,794)	-
Total current liabilities	(33,523)	(28,404)	(32,134)	(43,723)
Total liabilities	(96,653)	(87,583)	(77,510)	(72,680)
Net assets	57,572	71,106	67,504	80,828
Equity
Share capital	13,727	13,612	13,370	13,353
Share premium	1,730	424	424	211
Merger reserve	(9,950)	(9,950)	(9,950)	(9,950)
Other reserves	–	20,227	–	19,754
Other reserve	20,227	–	19,754	–
Treasury reserve	(1,196)	(1,697)	(2,647)	(2,781)
Translation reserve	(382)	(92)	(212)	(252)
Retained earnings	33,416	48,582	46,765	60,493
Total equity	57,572	71,106	67,504	80,828

	FY Apr 26£'000	FY Apr 25£'000
Cash flows from operating activities
Profit for the year after tax	2,965	1,365
Adjustments for
Tax expense	4,697	4,998
Financial income	(3,167)	(4,770)
Interest on bank borrowings	1,873	1,299
Interest on lease liabilities	1,135	1,090
Depreciation - property, plant and equipment	1,340	1,303
Depreciation - right-of-use asset	4,346	4,034
Amortisation of acquired intangibles	2,090	2,696
Amortisation of other intangibles	167	425
Equity-settled share-based payments	1,709	706
Gain on bargain purchase	(3,025)	-
Acquisition consideration treated as remuneration	8,512	10,928
Employment-linked acquisition consideration paid on completion	(4,293)	-
Employment-linked acquisition earn-out consideration paid	(514)	(401)
Cash generated from operations, before movements in working capital	17,835	23,673
Increase in trade and other receivables	(8,303)	(2,328)
Increase/(decrease) in trade and other payables	1,598	(6,994)
Decrease in provisions	(80)	(995)
Cash generated from operations	11,050	13,356
Tax paid	(6,690)	(5,423)
Net cash flows from operating activities	4,360	7,933
Investing activities
Purchase of property, plant and equipment	(2,753)	(1,526)
Cash acquired on business combinations	136	-
Interest received	3,167	4,770
Net cash flows from investing activities	550	3,244
Financing activities
Interest paid	(1,873)	(1,299)
Lease repayments	(5,340)	(5,376)
Drawdown of revolving credit facility, net of refinancing costs	19,500	5,777
Loans repaid	(5,000)	-
Acquisition of own shares by Employee Benefit Trust	(3,350)	(2,799)
Cash received for shares issued on exercise of SAYE/CSOP options	-	425
Dividends paid	(12,911)	(12,498)
Net cash used in f inancing activities	(8,974)	(15,770)
Net (decrease)/increase in cash and cash equivalents	(4,064)	(4,593)
Cash and cash equivalents at beginning of year	12,081	16,674
Cash and cash equivalents at end of year	8,017	12,081

	H2 Apr 26£'000	H1 Oct 25£'000	H2 Apr 25£'000	H1 Oct 24£'000
Profit for the period after tax	–	5,007	–	1,920
Depreciation and amortisation	–	3,958	–	4,361
Financial income	(530)	(2,637)	(2,104)	(2,666)
Financial expense	–	1,296	–	575
Interest charge on capitalised leases	–	527	–	569
Equity settled share-based payments	706	1,003	(255)	961
Gain on bargain purchase	125	(3,150)	-	-
Acquisition related earn-out remuneration charge	–	2,202	–	3,480
Earn-out consideration paid - acquisitions of subsidiary	–	(514)	–	(401)
Initial consideration paid on acquisitions	–	(4,294)	–	-
Loss on disposal of property, plant and equipment	–	-	–	39
Tax expense	3,357	1,340	3,585	1,413
Total adjustments for	–	4,738	–	10,251
(Increase)/decrease in trade and other receivables	–	(6,059)	–	3,594
Decrease in trade and other payables	–	(2,635)	–	(9,889)
Decrease in provisions	(80)	-	(995)	-
Cash (used in)/generated from operations	–	(3,956)	–	3,956
Tax paid	(3,608)	(3,082)	(1,992)	(3,431)
Net cash flows from operating activities	11,398	(7,038)	7,408	525
Acquisition of property, plant and equipment	–	(1,572)	–	(517)
Cash acquired on business combinations	(1)	137	-	-
Interest received	530	2,637	2,104	2,666
Net cash flows from investing activities	(652)	1,202	1,095	2,149
Interest and other financial income paid	–	(1,296)	–	(527)
Lease payments	–	(2,578)	–	(2,055)
Receipt of new revolving credit facility, net of refinancing costs	–	11,500	–	-
Acquisition of own shares	–	(3,244)	–	(2,799)
Proceeds of sale of own shares	–	-	–	-
Cash received for shares issued on exercise of share options	–	-	–	195
Dividends paid	(12,911)	-	(12,498)	-
Net cash flows from financing activities	–	4,382	–	(5,186)
Net decrease in cash and cash equivalents	–	(1,454)	–	(2,512)
Cash and cash equivalents at beginning of period	–	12,081	–	16,674
Cash and cash equivalents at end of period	–	10,627	–	14,162

	FY Apr 26	FY Apr 25
Revenue to operating profit
Revenue	194.3	179.5
Adjusted operating profit	21.5	20.9
Exceptional / adjusting items	–	(1.9)
Operating profit	7.5	4.0
Depreciation (owned assets)	(1.3)	(1.3)
Depreciation (right-of-use)	(4.3)	(4.0)
Amortisation	2.1	2.7
Share-based payments	1.7	0.7
Operating profit to net income
Finance costs	–	(2.4)
Profit before tax	7.7	6.4
Tax	(4.7)	(5.0)
Net income (owners)	3.0	1.4
Per share
EPS basic	2.2p	1.0p
EPS diluted	2.2p	1.0p
Dividend per share	5.3p	9.5p

	H2 Apr 26	H1 Oct 25	H2 Apr 25	H1 Oct 24
Revenue to operating profit
Revenue	100.0	94.3	93.2	86.3
Adjusted operating profit	12.8	8.6	11.8	9.1
Exceptional / adjusting items	–	(1.5)	(0.6)	(1.4)
Operating profit	2.0	5.5	2.2	1.8
Depreciation (owned assets)	(0.8)	(0.6)	(0.8)	(0.6)
Depreciation (right-of-use)	(2.1)	(2.3)	(1.9)	(2.1)
Share-based payments	0.7	1.0	(0.3)	1.0
Operating profit to net income
Finance costs	–	(1.8)	(1.2)	(1.1)
Profit before tax	1.3	6.3	3.0	3.3
Tax	(3.4)	(1.3)	(3.6)	(1.4)
Net income (owners)	(2.0)	5.0	(0.6)	1.9
Per share
EPS basic	(1.5p)	3.7p	(0.4p)	1.4p
EPS diluted	(1.5p)	3.7p	(0.4p)	1.4p

	FY Apr 26	FY Apr 25
Operating activities
Cash from operations	4.4	7.9
Interest paid	(1.9)	(1.3)
Tax paid	(6.7)	(5.4)
Investing activities
Capex (PP&E)	(2.8)	(1.5)
Financing activities
Lease principal paid	(5.3)	(5.4)
Dividends paid	(12.9)	(12.5)
Share buybacks	(3.4)	(2.8)
Shares issued	0.0	0.4

	H2 Apr 26	H1 Oct 25	H2 Apr 25	H1 Oct 24
Operating activities
Cash from operations	11.4	(7.0)	7.4	0.5
Tax paid	(3.6)	(3.1)	(2.0)	(3.4)
Investing activities
Capex (PP&E)	(1.2)	(1.6)	(1.0)	(0.5)
Financing activities
Lease principal paid	(2.8)	(2.6)	(3.3)	(2.1)
Dividends paid	(12.9)	0.0	(12.5)	0.0
Share buybacks	(0.1)	(3.2)	0.0	(2.8)
Shares issued	0.0	0.0	0.2	0.2

	FY Apr 26	FY Apr 25
Non-current assets
Goodwill	13.2	11.1
Other intangibles	0.1	0.2
Property, plant & equipment	3.2	1.8
Investment property	–	0.0
Other investments	0.0	0.1
Non-current assets	40.3	37.5
Current assets
Trade receivables	78.4	70.6
Cash	8.0	12.1
Current assets	113.9	107.5
Total assets	154.2	145.0
Current liabilities
Trade payables	28.0	25.9
Lease liabilities, current	4.3	4.2
Current liabilities	33.5	32.1
Non-current liabilities
Borrowings, non-current	33.3	18.7
Lease liabilities, non-current	22.8	21.6
Deferred consideration	1.1	–
Non-current liabilities	63.1	45.4
Total liabilities	96.7	77.5
Equity
Total equity	57.6	67.5

	H2 Apr 26	H1 Oct 25	H2 Apr 25	H1 Oct 24
Non-current assets
Goodwill	13.2	–	11.1	–
Other intangibles	0.1	0.1	0.2	0.4
Property, plant & equipment	3.2	2.8	1.8	1.5
Investment property	–	0.0	0.0	0.2
Other investments	0.0	0.1	0.1	0.3
Non-current assets	40.3	44.8	37.5	42.6
Current assets
Trade receivables	78.4	–	70.6	–
Cash	8.0	10.6	12.1	14.2
Current assets	113.9	113.9	107.5	110.9
Total assets	154.2	158.7	145.0	153.5
Current liabilities
Trade payables	28.0	–	25.9	–
Lease liabilities, current	4.3	4.2	4.2	5.1
Current liabilities	33.5	28.4	32.1	43.7
Non-current liabilities
Borrowings, non-current	33.3	30.2	18.7	0.0
Lease liabilities, non-current	22.8	22.9	21.6	22.6
Deferred consideration	1.1	–	–	–
Non-current liabilities	63.1	59.2	45.4	29.0
Total liabilities	96.7	87.6	77.5	72.7
Equity
Total equity	57.6	71.1	67.5	80.8
Net cash and other figures
Net cash / (debt) ex leases	–	(19.6)	–	1.2
Undrawn facilities	–	49.5	–	–

Read automatically from each results announcement. Check the source before relying on a figure.

Company filings. Not investment advice.