Judges Scientific

JDG · AIM · Industrial Goods and Services · mcap £242m · 3600.0p

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Financials · LTM to 30 Jun 26

Source: results 23 Sep 26 ↗

Revenue: £131m
Operating profit: £5.1m
Net income: −£600k
Free cash flow: £12.4m
Net debt: £43.0m
Market cap: £240m
EV / EBIT: 55.4×
FCF yield: +5.2%
Price / book: 2.9×

Latest half-year · H1 26 vs H1 25 results 23 Sep 26 ↗

Revenue: £55.7m
Operating profit: −£400k
Net income: −£1.3m
Cash from operations: £2.4m

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 23 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
Revenue	131.3	145.8
Operating profit	5.1	13.9
Depreciation (owned assets)	3.1	2.9
Depreciation (right-of-use)	1.4	1.4
Share-based payments	1.2	1.4
Profit before tax	0.6	8.9
Tax	(1.0)	(2.9)
Net income (owners)	(0.6)	5.5
EPS basic	(9.0p)	82.7p
EPS diluted	(9.2p)	81.4p

	H1 26	vs H1 25	H2 25	H1 25
Revenue	55.7	−21%	75.6	70.2
Operating profit	(0.4)	n/m	5.5	8.4
Depreciation (owned assets)	1.6	+14%	1.5	1.4
Depreciation (right-of-use)	0.7	0%	0.7	0.7
Share-based payments	0.7	−22%	0.5	0.9
Profit before tax	(1.7)	n/m	2.3	6.6
Tax	0.4	n/m	(1.4)	(1.5)
Net income (owners)	(1.3)	n/m	0.7	4.8
EPS basic	(19.5p)	–	10.5p	72.2p
EPS diluted	(19.5p)	–	10.3p	71.1p

	LTM Jun 26	FY 25
Cash from operations	21.2	29.6
Tax paid	(3.8)	(3.4)
Capex (PP&E)	(5.0)	(5.4)
Capex (intangibles)	(2.0)	(1.8)
Lease principal paid	(1.8)	(1.8)
Dividends paid	(7.1)	(7.1)
Shares issued	0.2	0.2

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	2.4	−78%	18.8	10.8
Tax paid	(1.9)	+27%	(1.9)	(1.5)
Capex (PP&E)	(2.0)	−17%	(3.0)	(2.4)
Capex (intangibles)	(0.7)	+40%	(1.3)	(0.5)
Lease principal paid	(0.9)	0%	(0.9)	(0.9)
Dividends paid	0.0	n/m	(7.1)	0.0
Shares issued	0.1	0%	0.1	0.1

	Latest Jun 26	FY 25
Goodwill	57.2	57.2
Other intangibles	22.5	26.6
Property, plant & equipment	28.7	28.3
Inventories	25.9	24.8
Trade receivables	26.2	26.5
Cash	15.6	19.4
Total assets	180.9	188.1
Trade payables	21.5	24.5
Lease liabilities, current	1.4	1.4
Borrowings, non-current	58.6	59.6
Lease liabilities, non-current	3.8	4.2
Total liabilities	97.7	104.4
Non-controlling interests	0.0	0.0
Total equity	83.2	83.7
Net cash / (debt) ex leases	(45.3)	(42.6)
Net cash / (debt) incl. leases	(48.2)	(45.8)

	H1 26	H2 25	H1 25
Goodwill	57.2	57.2	59.9
Other intangibles	22.5	26.6	32.0
Property, plant & equipment	28.7	28.3	26.9
Inventories	25.9	24.8	29.9
Trade receivables	26.2	26.5	27.4
Cash	15.6	19.4	18.9
Total assets	180.9	188.1	200.3
Trade payables	21.5	24.5	25.0
Lease liabilities, current	1.4	1.4	1.2
Borrowings, non-current	58.6	59.6	63.6
Lease liabilities, non-current	3.8	4.2	4.5
Total liabilities	97.7	104.4	107.6
Non-controlling interests	0.0	0.0	0.2
Total equity	83.2	83.7	92.7
Net cash / (debt) ex leases	(45.3)	(42.6)	–
Net cash / (debt) incl. leases	(48.2)	(45.8)	–

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.