Power Probe PLC

PWR · AIM · Industrial Goods and Services · mcap £45m · 60.5p

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Financials · LTM to 30 Jun 26

Source: results 14 Sep 26 ↗

Revenue: £26.7m
Operating profit: £2.1m
Net income: £1.2m
Free cash flow: £3.2m
Net cash: £9.8m
Market cap: £44.6m
EV / EBIT: 16.5×
FCF yield: +7.3%
Price / book: 2.9×

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

Revenue: £13.2m
Operating profit: £2.1m
Net income: £1.5m
Cash from operations: £99k

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, newest first – each period in the latest version the company published (restated figures where a later report restated them), in its own currency and units. Italic = calculated (H2 = full year − first half). The column headings link to the announcements.

Latest report: H1 26 (six months to 30 Jun 26), published 14 Sep 26 · read the results ↗

Reported in US$ as the company published it. The key figures convert to £ at the rate of each period.

	FY 25 source	FY 24 source
Revenue	39,353,959	31,295,736
Cost of sales	(23,607,551)	(17,365,420)
Gross profit	15,746,408	13,930,316
Selling and marketing expenses	(3,921,941)	(3,083,113)
General and administrative expenses	(3,423,559)	(2,809,136)
Exceptional costs in connection with IPO	(3,272,307)	-
Research and development expenses	(466,786)	(93,581)
Operating profit	4,661,815	7,944,486
Finance income	4,467	8,515
Finance costs	(123,210)	(253,514)
Profit before tax	4,543,072	7,699,487
Income tax	(1,487,133)	(1,947,862)
Profit for the year	3,055,939	5,751,625
Other comprehensive income/(loss)	352,637	(3,259)
Total comprehensive income	3,408,576	5,748,366
Basic earnings per share (cents)	5.03	9.60
Diluted earnings per share (cents)	5.02	9.60

Reported in US$ as the company published it. The key figures convert to £ at the rate of each period.

	H1 26 source	H2 25 calc.	H1 25 source
Revenue	17,688,560	18,152,610	21,201,349
Cost of sales	(8,766,008)	(11,055,921)	(12,551,630)
Gross profit	8,922,552	7,096,689	8,649,719
Selling and marketing expenses	(1,656,100)	(1,852,824)	(2,069,117)
General and administrative expenses	(3,892,443)	(2,172,094)	(1,251,465)
Exceptional costs in connection with IPO	-	(2,668,758)	(603,549)
Research and development expenses	(482,552)	(379,702)	(87,084)
Operating profit	2,891,457	23,311	4,638,504
Finance income	993	2,361	2,106
Finance costs	(97,933)	(41,350)	(81,860)
Profit before tax	2,794,517	(15,678)	4,558,750
Income tax	(781,452)	(326,329)	(1,160,804)
Profit for the period	2,013,065	–	3,397,946
Other comprehensive (loss)/income	(198,621)	352,458	179
Total comprehensive income	1,814,444	10,451	3,398,125
Basic earnings per share (cents)	2.73	(0.63)	5.66
Diluted earnings per share (cents)	2.66	(0.64)	5.66

Reported in US$ as the company published it. The key figures convert to £ at the rate of each period.

	30 Jun 26 source	31 Dec 25 source	31 Dec 24 source
Assets
Non-current assets
Intangible assets	385,483	162,892	-
Property, plant and equipment	3,708,466	3,774,725	735,447
Deferred tax assets	734,497	777,624	816,207
Total non-current assets	4,828,446	4,715,241	1,551,654
Current assets
Inventories	5,686,806	6,120,378	9,467,132
Trade receivables	6,235,011	5,850,562	5,305,216
Other receivables and prepayments	645,341	361,087	198,803
Cash and cash equivalents	12,966,563	15,255,062	2,134,531
Total current assets	25,533,721	27,587,089	17,105,682
Total assets	30,362,167	32,302,330	18,657,336
Equity and liabilities
Equity
Ordinary share capital	93,675	93,675	4,043,128
Deferred share capital	3,702,306	3,702,306	-
Share premium	13,004,716	13,004,716	-
Share-based payment reserve	281,087	39,774	-
Other reserve	(2,880,852)	(2,880,852)	(1,580,973)
Foreign currency reserve	111,359	309,980	(42,657)
Retained earnings	6,344,638	5,923,545	6,867,606
Total equity	20,656,929	20,193,144	9,287,104
Non-current liabilities
Lease liabilities	3,293,725	3,477,902	424,348
Total non-current liabilities	3,293,725	3,477,902	424,348
Current liabilities
Trade and other payables	4,843,437	7,156,459	7,366,841
Borrowings	39,952	–	–
Lease liabilities	311,538	258,239	362,457
Provisions	1,216,586	1,216,586	1,216,586
Total current liabilities	6,411,513	8,631,284	8,945,884
Total liabilities	9,705,238	12,109,186	9,370,232
Total equity and liabilities	30,362,167	32,302,330	18,657,336

Reported in US$ as the company published it. The key figures convert to £ at the rate of each period.

	30 Jun 26 source	31 Dec 25 source	30 Jun 25 source	31 Dec 24 source
Assets
Non-current assets
Intangible assets	385,483	162,892	168,000	-
Property, plant and equipment	3,708,466	3,774,725	584,998	735,447
Deferred tax assets	734,497	777,624	796,414	816,207
Total non-current assets	4,828,446	4,715,241	1,549,412	1,551,654
Current assets
Inventories	5,686,806	6,120,378	11,362,598	9,467,132
Trade receivables	6,235,011	5,850,562	7,736,804	5,305,216
Other receivables and prepayments	645,341	361,087	166,289	198,803
Cash and cash equivalents	12,966,563	15,255,062	42,168	2,134,531
Total current assets	25,533,721	27,587,089	19,307,859	17,105,682
Total assets	30,362,167	32,302,330	20,857,271	18,657,336
Equity and liabilities
Equity
Ordinary share capital	93,675	93,675	4,043,128	4,043,128
Deferred share capital	3,702,306	3,702,306	-	-
Share premium	13,004,716	13,004,716	-	-
Share-based payment reserve	281,087	39,774	-	-
Other reserve	(2,880,852)	(2,880,852)	(2,995,128)	(1,580,973)
Foreign currency reserve	111,359	309,980	(42,478)	(42,657)
Retained earnings	6,344,638	5,923,545	6,265,552	6,867,606
Total equity	20,656,929	20,193,144	7,271,074	9,287,104
Non-current liabilities
Lease liabilities	3,293,725	3,477,902	230,954	424,348
Total non-current liabilities	3,293,725	3,477,902	230,954	424,348
Current liabilities
Trade and other payables	4,843,437	7,156,459	9,086,023	7,366,841
Borrowings	39,952	–	2,676,542	–
Lease liabilities	311,538	258,239	376,092	362,457
Provisions	1,216,586	1,216,586	1,216,586	1,216,586
Total current liabilities	6,411,513	8,631,284	13,355,243	8,945,884
Total liabilities	9,705,238	12,109,186	13,586,197	9,370,232
Total equity and liabilities	30,362,167	32,302,330	20,857,271	18,657,336

Reported in US$ as the company published it. The key figures convert to £ at the rate of each period.

	FY 25 source	FY 24 source
Cash flows from operating activities
Profit before tax for year	4,543,072	7,699,487
Adjustments to reconcile profit before tax to net cash flows
Amortisation of intangible fixed assets	5,108	-
Depreciation of property, plant and equipment	376,699	354,683
Share-based payments	39,774	-
Finance income	(4,467)	(8,515)
Finance costs	123,210	253,514
Foreign exchange differences	(39,913)	(3,259)
Decrease/(increase) in inventories	3,346,754	(2,345,122)
Increase in trade receivables	(545,346)	(588,064)
Increase in other receivables and prepayments	(162,284)	(48,437)
(Decrease)/increase in trade and other payables	(1,387,217)	1,741,773
Tax paid	(1,222,542)	(2,817,118)
Net cash flows generated from operating activities	5,072,848	4,238,942
Cash flows from investing activities
Purchase of intangible fixed assets	(168,000)	-
Purchase of property, plant and equipment	(77,191)	(5,089)
Interest received	4,467	8,515
Net cash flows (used in)/generated from investing activities	(240,724)	3,426
Cash flows from financing activities
Issue of shares, net of issuance costs	13,022,834	-
Cash flows relating to spin out	(475,183)	707,543
Net repayments to revolving credit facility	-	(2,309,847)
Lease payments	(383,840)	(336,419)
Interest paid	(123,210)	(277,952)
Dividends paid	(4,000,000)	-
Net cash generated from/(used in) financing activities	8,040,601	(2,216,675)
Net increase in cash	12,872,725	2,025,693
Cash at beginning of year	2,134,531	108,838
Exchange differences on cash	247,806	-
Cash at the end of year	15,255,062	2,134,531
Comprising
Cash and cash equivalents	15,255,062	2,134,531

Reported in US$ as the company published it. The key figures convert to £ at the rate of each period.

	H1 26 source	H2 25 calc.	H1 25 source
Cash flows from operating activities
Profit before tax for period	2,794,517	–	4,558,750
Adjustments to reconcile profit before tax to net
cash flows
Amortisation of intangible fixed assets	5,107	5,108	-
Depreciation of property, plant and equipment	254,415	199,992	176,707
Share-based payments	241,313	39,774	-
Finance income	(993)	(2,361)	(2,106)
Finance costs	97,933	41,350	81,860
Foreign exchange differences	27,304	(40,092)	179
Decrease/(increase) in inventories	433,572	5,242,220	(1,895,466)
Increase in trade receivables	(384,449)	1,886,242	(2,431,588)
(Increase)/decrease in other receivables
and prepayments	(284,254)	–	32,514
(Decrease)/increase in trade and other payables	(2,265,689)	(1,556,056)	168,839
Tax paid	(785,658)	(681,488)	(541,054)
Net cash generated from operating activities	133,118	–	148,635
Cash flows from investing activities
Purchase of intangible fixed assets	(227,698)	-	(168,000)
Purchase of property, plant and equipment	(192,634)	(50,933)	(26,258)
Interest received	993	2,361	2,106
Net cash used in investing activities	(419,339)	–	(192,152)
Cash flows from financing activities
Issue of shares, net of issuance costs	-	13,022,834	-
Cash flows relating to spin out	-	(11,414)	(463,769)
Net proceeds from revolving credit facility	39,952	–	2,676,542
Lease payments	(131,462)	(204,081)	(179,759)
Interest paid	(97,933)	(41,350)	(81,860)
Dividends paid	(1,591,972)	(4,000,000)	-
Dividends paid prior to capital reorganisation	-	–	(4,000,000)
Net cash used in financing activities	(1,781,415)	–	(2,048,846)
Net increase in cash	(2,067,636)	14,965,088	(2,092,363)
Cash at beginning of year	15,255,062	-	2,134,531
Exchange differences on cash	(220,863)	247,806	-
Cash at the end of period	12,966,563	–	42,168
Comprising
Cash and cash equivalents	12,966,253	15,212,894	42,168

	LTM Jun 26	FY 25	FY 24
Revenue to operating profit
Revenue	26.7	29.9	24.5
Gross profit	11.9	12.0	10.9
Adjusted EBITDA	5.4	6.8	6.6
EBITDA	2.5	3.8	6.5
Exceptional / adjusting items	(2.0)	(2.5)	0.0
Operating profit	2.1	3.5	6.2
Depreciation (owned assets)	0.3	0.3	–
Amortisation	0.0	0.0	0.0
Share-based payments	0.2	0.0	0.0
Operating profit to net income
Finance costs	(0.1)	(0.1)	(0.2)
Profit before tax	2.0	3.4	6.0
Tax	(0.8)	(1.1)	(1.5)
Net income (owners)	1.2	2.3	4.5
Per share
EPS basic	1.7p	3.7p	7.6p
EPS diluted	1.6p	3.7p	7.6p

	H1 26	vs H1 25	H2 25	H1 25
Revenue to operating profit
Revenue	13.2	−20%	13.5	16.4
Gross profit	6.6	−1%	5.3	6.7
Adjusted EBITDA	2.9	−33%	2.6	4.3
EBITDA	2.3	−37%	0.1	3.7
Exceptional / adjusting items	0.0	n/m	(2.0)	(0.5)
Operating profit	2.1	−40%	(0.0)	3.6
Depreciation (owned assets)	0.2	+39%	0.1	0.1
Amortisation	0.0	n/m	0.0	0.0
Share-based payments	0.2	n/m	0.0	0.0
Operating profit to net income
Finance costs	(0.1)	n/m	(0.0)	(0.1)
Profit before tax	2.1	−41%	(0.1)	3.5
Tax	(0.6)	−35%	(0.2)	(0.9)
Net income (owners)	1.5	−43%	(0.3)	2.6
Per share
EPS basic	2.1p	–	(0.4p)	4.1p
EPS diluted	2.0p	–	(0.4p)	4.1p

	LTM Jun 26	FY 25	FY 24
Operating activities
Cash from operations	3.8	3.9	3.3
Interest paid	(0.1)	(0.1)	(0.2)
Tax paid	(1.1)	(0.9)	(2.2)
Investing activities
Capex (PP&E)	(0.2)	(0.1)	(0.0)
Capex (intangibles)	(0.2)	(0.1)	0.0
Financing activities
Lease principal paid	(0.3)	(0.3)	(0.3)
Dividends paid	(1.2)	0.0^r	0.0
Shares issued	9.9	9.9	0.0

	H1 26	vs H1 25	H2 25	H1 25
Operating activities
Cash from operations	0.1	−14%	3.7	0.1
Interest paid	(0.1)	n/m	(0.0)	(0.1)
Tax paid	(0.6)	+40%	(0.5)	(0.4)
Investing activities
Capex (PP&E)	(0.1)	n/m	(0.0)	(0.0)
Capex (intangibles)	(0.2)	+31%	0.0	(0.1)
Financing activities
Lease principal paid	(0.1)	−30%	(0.2)	(0.1)
Dividends paid	(1.2)	n/m	0.0	0.0
Shares issued	0.0	n/m	9.9	0.0

	30 Jun 26	31 Dec 25	31 Dec 24
Non-current assets
Other intangibles	0.3	0.1	0.0
Property, plant & equipment	2.8	2.8	0.6
Non-current assets	3.6	3.5	1.2
Current assets
Inventories	4.3	4.5	7.5
Cash	9.8	11.3	1.7
Current assets	19.3	20.5	13.6
Total assets	22.9	24.0	14.9
Current liabilities
Trade payables	3.7	5.3	5.9
Borrowings, current	0.0	0.0	–
Lease liabilities, current	0.2	0.2	0.3
Current liabilities	4.8	6.4	7.1
Non-current liabilities
Lease liabilities, non-current	2.5	2.6	0.3
Non-current liabilities	2.5	2.6	0.3
Total liabilities	7.3	9.0	7.5
Equity
Total equity	15.6	15.0	7.4
Net cash and other figures
Undrawn facilities	–	5.9	–

	30 Jun 26	31 Dec 25	30 Jun 25	31 Dec 24
Non-current assets
Other intangibles	0.3	0.1	0.1	0.0
Property, plant & equipment	2.8	2.8	0.4	0.6
Non-current assets	3.6	3.5	1.1	1.2
Current assets
Inventories	4.3	4.5	8.3	7.5
Cash	9.8	11.3	0.0	1.7
Current assets	19.3	20.5	14.1	13.6
Total assets	22.9	24.0	15.2	14.9
Current liabilities
Trade payables	3.7	5.3	6.6	5.9
Borrowings, current	0.0	0.0	2.0	–
Lease liabilities, current	0.2	0.2	0.3	0.3
Current liabilities	4.8	6.4	9.7	7.1
Non-current liabilities
Lease liabilities, non-current	2.5	2.6	0.2	0.3
Non-current liabilities	2.5	2.6	0.2	0.3
Total liabilities	7.3	9.0	9.9	7.5
Equity
Total equity	15.6	15.0	5.3	7.4
Net cash and other figures
Undrawn facilities	–	5.9	–	–

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

Company filings. Not investment advice.