Moonpig Group

MOON · Main Market · Retail · mcap £828m · 282.6p

Beta Briefing, track record and signals & risks are not ready for Moonpig Group yet.

We follow 964 UK small caps and every one of their announcements – often hundreds per company. 73 companies are already wired into a briefing: browse them.

Financials · balance sheet 30 Apr 26 · last twelve months · today’s market value

Source: results 25 Jun 26 ↗

Key figures Cash & debt Profit & cash flow Valuation Returns & quality Latest half-year

Market cap: £834.0m
Owner’s net cash: −£97.7m
Net cash / market cap: -12%
EV ex leases: £931.6m
Revenue: £373.0m
Operating profit: £79.6m
Free cash flow after leases: £69.6m
EV / EBIT: 11.7×
FCF yield: 8.4%
Net income (owners): £51.7m

Hover or tap a figure for its formula and the values used – the names are the line names of the key figures below. Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Key figures As reported

Income statement Balance sheet Cash flow

Annual Half-yearly

Standardised line items in £m, comparable across companies; when a later report restated a period, the later figure is shown and marked ^r (hover for the figure first reported). Italic = calculated (LTM, H2 = FY − H1); a year of other than 12 months is marked (15m). Hover a value for its source.

Trading update 16 Sep 26in line3 figures since the last report

Group trading in line with expectations; FY27 outlook unchanged.

Revenue growth target	mid-to-high single digit percentage annual
Adjusted EBITDA margin target	25% to 27%
Adjusted EPS growth target	double-digit percentage

As stated by the company, unaudited. Read it →

Latest report: FY Apr 26 (twelve months to 30 Apr 26), published 25 Jun 26 · read the results ↗

Source ↗

	2026 Before Adjusting Items £000	2026 Adjusting Items £000	2026 Total £000	2025 Before Adjusting Items £000	2025 Adjusting Items £000	2025 Total £000
Revenue	372,973	-	372,973	350,068	-	350,068
Cost of sales	(154,983)	-	(154,983)	(141,497)	-	(141,497)
Gross profit	217,990	-	217,990	208,571	-	208,571
Selling and administrative expenses	(132,181)	(7,589)	(139,770)	(132,075)	(64,551)	(196,626)
Other income	1,358	-	1,358	1,344	-	1,344
Operating profit	87,167	(7,589)	79,578	77,840	(64,551)	13,289
Finance income	77	-	77	158	-	158
Finance costs	(10,716)	-	(10,716)	(10,489)	-	(10,489)
Profit before taxation	76,528	(7,589)	68,939	67,509	(64,551)	2,958
Taxation	(19,133)	1,912	(17,221)	(16,015)	1,977	(14,038)
Profit/(loss) after taxation	57,395	(5,677)	51,718	51,494	(62,574)	(11,080)
Profit/(loss) attributable to
Equity holders of the Company	57,395	(5,677)	51,718	51,494	(62,574)	(11,080)
Earnings/(loss) per share (pence)
Basic	18.0	(1.8)	16.2	15.0	(18.2)	(3.2)
Diluted	17.4	(1.8)	15.6	14.5	(17.7)	(3.2)

Source ↗

	2026 £000	2025 £000
Non-current assets
Intangible assets	130,511	137,310
Property, plant and equipment	21,617	23,235
Other non-current assets	1,613	1,605
Financial derivatives	403	-
Total non-current assets	154,144	162,150
Current assets
Inventories	7,516	8,480
Trade and other receivables	6,479	5,858
Current tax receivable	-	844
Financial derivatives	7	5
Cash and cash equivalents	9,087	12,649
Total current assets	23,089	27,836
Total assets	177,233	189,986
Current liabilities
Trade and other payables	56,873	53,599
Experiences merchant accrual	37,212	40,374
Provisions for other liabilities and charges	3,695	2,252
Current tax payable	2,501	3,217
Contract liabilities	5,999	5,774
Lease liabilities	3,330	3,214
Borrowings	83	111
Total current liabilities	109,693	108,541
Non-current liabilities
Trade and other payables	1,505	2,564
Borrowings	106,660	94,985
Lease liabilities	7,116	10,284
Deferred tax liabilities	3,870	4,287
Provisions for other liabilities and charges	2,610	2,542
Total non-current liabilities	121,761	114,662
Total liabilities	231,454	223,203
Equity
Share capital	30,606	33,384
Share premium	278,083	278,083
Merger reserve	(993,026)	(993,026)
Retained earnings	590,206	609,589
Own shares held	(4,792)	(738)
Other reserves	44,702	39,491
Total equity	(54,221)	(33,217)
Total equity and liabilities	177,233	189,986

Source ↗

	2026 £000	2025 £000
Cash flow from operating activities
Profit before taxation	68,939	2,958
Adjustments for
Depreciation and amortisation	25,015	26,800
Impairment of goodwill	-	56,700
Net finance costs	10,639	10,331
Research and development tax credit	(493)	(208)
Share-based payment expenses	4,108	1,839
Changes in working capital
Decrease/ (increase) in inventories	989	(1,386)
(Increase)/decrease in trade and other receivables	(611)	724
Increase in trade and other payables	3,701	4,380
Decrease in Experiences merchant accrual	(4,581)	(6,753)
Cash generated from operating activities	107,706	95,385
Income tax paid	(18,434)	(16,184)
Net cash generated from operating activities	89,272	79,201
Cash flow from investing activities
Capitalisation of intangible assets	(11,815)	(11,051)
Purchase of property, plant and equipment	(4,035)	(2,255)
Bank interest received	77	158
Net cash used in investing activities	(15,773)	(13,148)
Cash flow from financing activities
Proceeds from new borrowings	52,000	-
Payment of fees related to borrowings	(40)	(400)
Repayment of borrowings	(41,000)	(23,343)
Payment of interest rate cap premium	(145)	(41)
Interest paid on borrowings	(7,672)	(8,508)
Interest received on swap and cap derivatives	-	841
Lease liabilities paid	(3,254)	(3,242)
Interest paid on leases	(522)	(660)
Own shares purchased for cancellation	(60,460)	(24,264)
Own shares purchased by Employee Benefit Trust	(5,827)	-
Dividends paid	(10,298)	(3,395)
Proceeds from employee SAYE share option exercises	239	-
Net cash used in financing activities	(76,979)	(63,012)
Net cash flows (used in)/generated from operating, investing and financing activities	(3,480)	3,041
Effect of foreign exchange rate changes on cash and cash equivalents	(82)	(36)
(Decrease)/increase in cash and cash equivalents in the year	(3,562)	3,005
Net cash and cash equivalents as at 1 May	12,649	9,644
Net cash and cash equivalents as at 30 April	9,087	12,649

Source ↗

	2025 Before Adjusting Items £000	2025 Adjusting Items £000	2025 Total £000	2024 Before Adjusting Items £000	2024 Adjusting Items £000	2024 Total £000
Revenue	168,581	-	168,581	157,989	-	157,989
Cost of sales	(71,546)	-	(71,546)	(64,438)	-	(64,438)
Gross profit	97,035	-	97,035	93,551	-	93,551
Selling and administrative expenses	(61,566)	(3,829)	(65,395)	(61,576)	(60,630)	(122,206)
Other income	680	-	680	672	-	672
Operating profit/(loss)	36,149	(3,829)	32,320	32,647	(60,630)	(27,983)
Finance income	50	-	50	110	-	110
Finance costs	(5,723)	-	(5,723)	(5,410)	-	(5,410)
Profit/(loss) before taxation	30,476	(3,829)	26,647	27,347	(60,630)	(33,283)
Taxation	(7,755)	964	(6,791)	(6,193)	990	(5,203)
Profit/(loss) after taxation	22,721	(2,865)	19,856	21,154	(59,640)	(38,486)
Profit/(loss) attributable to
Equity holders of the Company	22,721	(2,865)	19,856	21,154	(59,640)	(38,486)
Earnings per share (pence)
Basic	6.9	(0.8)	6.1	6.1	(17.3)	(11.2)
Diluted	6.7	(0.9)	5.8	5.9	(16.7)	(10.8)

Source ↗

	31 October 2025 £000	31 October 2024 £000	30 April 2025 £000
Non-current assets
Intangible assets	134,118	142,878	137,310
Property, plant and equipment	23,515	24,496	23,235
Other non-current assets	1,620	1,598	1,605
Financial derivatives	-	37	-
Total non-current assets	159,253	169,009	162,150
Current assets
Inventories	10,936	8,664	8,480
Trade and other receivables	7,565	7,230	5,858
Current tax receivable	245	-	844
Financial derivatives	-	106	5
Cash and cash equivalents	10,941	12,407	12,649
Total current assets	29,687	28,407	27,836
Total assets	188,940	197,416	189,986
Current liabilities
Trade and other payables	51,579	47,325	53,599
Experiences merchant accrual	28,080	32,804	40,374
Dividend payable	6,421	-	-
Provisions for other liabilities and charges	2,233	1,536	2,252
Current tax payable	998	383	3,217
Contract liabilities	5,365	4,454	5,774
Lease liabilities	3,324	3,183	3,214
Bank overdraft	2,533	-	-
Borrowings	69	94	111
Total current liabilities	100,602	89,779	108,541
Non-current liabilities
Trade and other payables	1,298	1,750	2,564
Borrowings	120,480	117,148	94,985
Lease liabilities	8,835	11,561	10,284
Deferred tax liabilities	4,812	7,100	4,287
Provisions for other liabilities and charges	2,663	2,548	2,542
Total non-current liabilities	138,088	140,107	114,662
Total liabilities	238,690	229,886	223,203
Equity
Share capital	32,036	34,490	33,384
Share premium	278,083	278,083	278,083
Merger reserve	(993,026)	(993,026)	(993,026)
Retained earnings	592,664	609,840	609,589
Own shares held	(1,217)	-	(738)
Other reserves	41,710	38,143	39,491
Total equity	(49,750)	(32,470)	(33,217)
Total equity and liabilities	188,940	197,416	189,986

Source ↗

	2025 £000	2024 £000
Cash flow from operating activities
Profit/(loss) before taxation	26,647	(33,283)
Adjustments for
Depreciation and amortisation	12,693	13,089
Impairment of goodwill	-	56,700
Net foreign exchange loss on operating activities	49	85
Net finance costs	5,673	5,300
R&D tax credit	(145)	(145)
Share-based payment charges (net of National Insurance)	2,473	2,543
Changes in working capital
Increase in inventories	(2,411)	(1,599)
Increase in trade and other receivables	(1,690)	(662)
Decrease in trade and other payables	(3,680)	(4,981)
Decrease in Experiences merchant accrual	(13,175)	(12,500)
Cash generated from operating activities	26,434	24,547
Income tax paid	(8,909)	(7,531)
Net cash generated from operating activities	17,525	17,016
Cash flow from investing activities
Capitalisation of intangible assets	(5,965)	(6,139)
Purchase of property, plant and equipment	(3,009)	(845)
Bank interest received	50	110
Net cash used in investing activities	(8,924)	(6,874)
Cash flow from financing activities
Proceeds from new borrowings	25,000	-
Repayment of borrowings	-	(1,256)
Payment of interest rate cap premium	(42)	-
Interest paid on borrowings	(3,821)	(4,727)
Interest received on swap and cap derivatives	-	740
Lease liabilities paid	(1,603)	(1,632)
Interest paid on leases	(280)	(356)
Own shares purchased for cancellation	(30,149)	-
Purchase of own shares by Employee Benefit Trust	(1,827)	-
Option cost received on Save As You Earn exercises	134	-
Net cash used in financing activities	(12,588)	(7,231)
Net cash flows (used in)/generated from operating, investing and financing activities	(3,987)	2,911
Differences on exchange	(254)	(148)
(Decrease)/increase in cash and cash equivalents in the period	(4,241)	2,763
Net cash and cash equivalents at the beginning of the period	12,649	9,644
Net cash and cash equivalents at the end of the period 1	8,408	12,407

	FY Apr 26	FY Apr 25
Revenue to operating profit
Revenue	373.0	350.1
Gross profit	218.0	208.6
Adjusted EBITDA	104.6	96.8
Adjusted operating profit	87.2	77.8
Exceptional / adjusting items	(7.6)	(64.6)
Operating profit	79.6	13.3
Share-based payments	4.1	1.8
Operating profit to net income
Finance costs	(10.7)	(10.5)
Profit before tax	68.9	3.0
Tax	(17.2)	(14.0)
Net income (owners)	51.7	(11.1)
Per share
EPS basic	16.2p	(3.2p)
EPS diluted	15.6p	(3.2p)
Dividend per share	3.8p	3.0p

	H2 Apr 26	H1 Oct 25	H2 Apr 25	H1 Oct 24
Revenue to operating profit
Revenue	204.4	168.6	192.1	158.0
Gross profit	121.0	97.0	115.0	93.6
Adjusted EBITDA	59.6	45.0	55.0	41.8
Exceptional / adjusting items	(3.8)	(3.8)	(3.9)	(60.6)
Operating profit	47.3	32.3	41.3	(28.0)
Share-based payments	1.6	2.5	(0.7)	2.5
Operating profit to net income
Finance costs	(5.0)	(5.7)	(5.1)	(5.4)
Profit before tax	42.3	26.6	36.2	(33.3)
Tax	(10.4)	(6.8)	(8.8)	(5.2)
Net income (owners)	31.9	19.9	27.4	(38.5)
Per share
EPS basic	10.1p	6.1p	8.0p	(11.2p)
EPS diluted	9.8p	5.8p	7.6p	(10.8p)
Dividend per share	2.5p	1.2p	2.0p	1.0p

	FY Apr 26	FY Apr 25
Operating activities
Cash from operations	89.3	79.2
Interest paid	(7.7)	(8.5)
Tax paid	(18.4)	(16.2)
Investing activities
Capex (PP&E)	(4.0)	(2.3)
Capex (intangibles)	(11.8)	(11.1)
Financing activities
Lease principal paid	(3.3)	(3.2)
Lease interest paid	(0.5)	(0.7)
Dividends paid	(10.3)	(3.4)
Share buybacks	(60.5)	(24.3)
Shares issued	0.2	–

	H2 Apr 26	H1 Oct 25	H2 Apr 25	H1 Oct 24
Operating activities
Cash from operations	71.7	17.5	62.2	17.0
Interest paid	(3.9)	(3.8)	(3.8)	(4.7)
Tax paid	(9.5)	(8.9)	(8.7)	(7.5)
Investing activities
Capex (PP&E)	(1.0)	(3.0)	(1.4)	(0.8)
Capex (intangibles)	(5.8)	(6.0)	(4.9)	(6.1)
Financing activities
Lease principal paid	(1.7)	(1.6)	(1.6)	(1.6)
Lease interest paid	(0.2)	(0.3)	(0.3)	(0.4)
Share buybacks	(30.3)	(30.1)	(24.3)	0.0

	30 Apr 26	30 Apr 25
Non-current assets
Property, plant & equipment	21.6	23.2
Non-current assets	–	162.2
Current assets
Inventories	7.5	8.5
Trade receivables	6.5	5.9
Cash	9.1	12.6
Current assets	–	27.8
Total assets	177.2	190.0
Current liabilities
Trade payables	56.9	53.6
Borrowings, current	0.1	0.1
Lease liabilities, current	3.3	3.2
Current liabilities	–	108.5
Non-current liabilities
Borrowings, non-current	106.7	95.0
Lease liabilities, non-current	7.1	10.3
Non-current liabilities	–	114.7
Total liabilities	231.5	223.2
Equity
Total equity	(54.2)	(33.2)

	30 Apr 26	31 Oct 25	30 Apr 25	31 Oct 24
Non-current assets
Property, plant & equipment	21.6	23.5	23.2	24.5
Non-current assets	–	159.3	162.2	169.0
Current assets
Inventories	7.5	10.9	8.5	8.7
Trade receivables	6.5	7.6	5.9	7.2
Cash	9.1	10.9	12.6	12.4
Current assets	–	29.7	27.8	28.4
Total assets	177.2	188.9	190.0	197.4
Current liabilities
Trade payables	56.9	51.6	53.6	47.3
Borrowings, current	0.1	0.1	0.1	0.1
Lease liabilities, current	3.3	3.3	3.2	3.2
Current liabilities	–	100.6	108.5	89.8
Non-current liabilities
Borrowings, non-current	106.7	120.5	95.0	117.1
Lease liabilities, non-current	7.1	8.8	10.3	11.6
Non-current liabilities	–	138.1	114.7	140.1
Total liabilities	231.5	238.7	223.2	229.9
Equity
Total equity	(54.2)	(49.8)	(33.2)	(32.5)

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

Spotted an error in this income statement? Report it

Company filings. Not investment advice.