Pathos Communications plc

NEWS · AIM · Media · mcap £18m · 25.5p

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Financials · LTM to 30 Jun 26

Source: results 09 Sep 26 ↗

Revenue: £10.4m
Operating profit: −£172k
Net income: −£365k
Free cash flow: −£652k
Net cash: £4.5m
Market cap: £18.0m
EV / EBIT: –
FCF yield: −3.6%
Price / book: 3.4×

Latest half-year · H1 26 vs H1 25 results 09 Sep 26 ↗

Revenue: £5.5m
Operating profit: £763k
Net income: £688k
Cash from operations: £1.3m

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 26 (six months to 30 Jun 26), published 09 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	10.4	9.9	8.9
Gross profit	7.3	7.4	7.0
Adjusted EBITDA	2.5	2.2	1.5
Exceptional / adjusting items	(1.6)	(1.7)	(1.2)
Operating profit	(0.2)	(0.3)	(0.2)
Depreciation (owned assets)	0.4	0.4	0.4
Amortisation	0.2	0.1	0.1
Share-based payments	(0.4)	(0.2)	0.0
Fair value gains / losses	–	0.0	(0.0)
Finance costs	(0.1)	(0.1)	(0.1)
Profit before tax	(0.3)	(0.4)	(0.4)
Tax	(0.1)	(0.1)	(0.0)
Net income (owners)	(0.4)	(0.5)	(0.4)

	H1 26	vs H1 25	H2 25	H1 25
Revenue	5.5	+10%	5.0	5.0
Gross profit	3.9	−3%	3.4	4.0
Adjusted EBITDA	1.3	+31%	1.2	1.0
Exceptional / adjusting items	0.0	n/m	(1.6)	(0.1)
Operating profit	0.8	+18%	(0.9)	0.6
Depreciation (owned assets)	0.2	−3%	0.2	0.2
Amortisation	0.2	n/m	0.1	0.1
Share-based payments	(0.2)	n/m	(0.2)	0.0
Finance costs	(0.0)	n/m	(0.0)	(0.1)
Profit before tax	0.7	+22%	(1.0)	0.6
Tax	(0.0)	n/m	(0.1)	(0.0)
Net income (owners)	0.7	+20%	(1.1)	0.6

	LTM Jun 26	FY 25	FY 24
Cash from operations	1.3	0.8	0.2
Tax paid	(0.1)	(0.1)	(0.0)
Capex (PP&E)	0.0	(0.0)	(0.0)
Capex (intangibles)	(1.5)	(0.3)	(0.2)
Lease principal paid	(0.5)	(0.5)	(0.4)
Shares issued	4.6	4.6	0.0

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	1.3	+57%	0.0	0.8
Tax paid	0.0	n/m	(0.1)	(0.1)
Capex (PP&E)	0.0	n/m	0.0	(0.0)
Capex (intangibles)	(1.3)	n/m	(0.2)	(0.1)
Lease principal paid	(0.2)	+4%	(0.2)	(0.2)
Shares issued	0.0	n/m	4.6	0.0

	Latest Jun 26	FY 25	FY 24	FY 23
Other intangibles	1.5	0.3	0.2	0.0
Property, plant & equipment	1.1	1.3	1.8	0.0
Other investments	0.0	0.0	0.0	0.0
Trade receivables	1.0	0.7	0.3	0.1
Cash	4.5	4.6	0.2	0.7
Current assets	5.5	5.3	0.5	0.8
Total assets	8.1	7.0	2.5	0.8
Trade payables	1.5	1.2	0.4	0.2
Lease liabilities, current	0.4	0.4	0.4	0.0
Current liabilities	1.9	1.6	0.7	0.2
Lease liabilities, non-current	0.8	1.0	1.5	0.0
Total liabilities	2.7	2.6	2.2	0.2
Total equity	5.3	4.4	0.2	0.7
Net cash / (debt) ex leases	–	4.6	0.2	–
Shares in issue	–	66.7m	–	–

	H1 26	H2 25	H1 25	H2 24	H2 23
Other intangibles	1.5	0.3	0.2	0.2	0.0
Property, plant & equipment	1.1	1.3	1.5	1.8	0.0
Other investments	0.0	0.0	0.0	0.0	0.0
Trade receivables	1.0	0.7	0.9	0.3	0.1
Cash	4.5	4.6	0.6	0.2	0.7
Current assets	5.5	5.3	1.5	0.5	0.8
Total assets	8.1	7.0	3.1	2.5	0.8
Trade payables	1.5	1.2	0.8	0.4	0.2
Lease liabilities, current	0.4	0.4	0.5	0.4	0.0
Current liabilities	1.9	1.6	1.3	0.7	0.2
Lease liabilities, non-current	0.8	1.0	1.1	1.5	0.0
Total liabilities	2.7	2.6	2.4	2.2	0.2
Total equity	5.3	4.4	0.7	0.2	0.7
Net cash / (debt) ex leases	–	4.6	–	0.2	–
Shares in issue	–	66.7m	–	–	–

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.