Robert Walters

RWA · Main Market · Industrial Goods and Services · mcap £89m · 136.0p

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Financials · LTM to 30 Jun 26

Source: results 30 Jul 26 ↗

Revenue: £812m
Operating profit: −£11.6m
Net income: −£24.7m
Free cash flow: −£11.4m
Net cash: £17.2m
Market cap: £98.4m
EV / EBIT: –
FCF yield: −11.6%
Price / book: 1.1×

Latest half-year · H1 26 vs H1 25 results 30 Jul 26 ↗

Revenue: £434m
Operating profit: −£4.5m
Net income: −£9.1m
Cash from operations: £900k

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 30 Jul 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	812.0	781.1
Gross profit	268.8	274.2
Operating profit	(11.6)	(14.9)
Share-based payments	1.8	2.2
Finance costs	(5.3)	(5.1)
Profit before tax	(16.2)	(19.6)
Tax	(8.5)	(7.2)
Net income (owners)	(24.7)	(26.8)
EPS basic	(37.5p)	(40.7p)
EPS diluted	(37.5p)	(40.7p)

	H1 26	vs H1 25	H2 25	H1 25
Revenue	433.7	+8%	378.3	402.8
Gross profit	134.6	−4%	134.2	140.0
Operating profit	(4.5)	n/m	(7.1)	(7.8)
Share-based payments	0.9	−31%	0.9	1.3
Finance costs	(2.3)	+10%	(3.0)	(2.1)
Profit before tax	(6.8)	n/m	(9.4)	(10.2)
Tax	(2.3)	+130%	(6.2)	(1.0)
Net income (owners)	(9.1)	n/m	(15.6)	(11.2)
EPS basic	(13.8p)	–	(23.7p)	(17.0p)
EPS diluted	(13.8p)	–	(23.7p)	(17.0p)

	LTM Jun 26	FY 25
Cash from operations	8.5	10.3
Interest paid	(2.2)	(1.9)
Tax paid	(1.8)	(4.1)
Capex (PP&E)	(1.1)	(1.4)
Capex (intangibles)	(1.6)	(4.5)
Lease principal paid	(17.2)	(17.6)
Dividends paid	0.0	(11.2)

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	0.9	−67%	7.6	2.7
Interest paid	(0.8)	+60%	(1.4)	(0.5)
Tax paid	0.5	n/m	(2.3)	(1.8)
Capex (PP&E)	(0.5)	−38%	(0.6)	(0.8)
Capex (intangibles)	(0.1)	−97%	(1.5)	(3.0)
Lease principal paid	(8.6)	−4%	(8.6)	(9.0)
Dividends paid	0.0	n/m	0.0	(11.2)

	Latest Jun 26	FY 25
Property, plant & equipment	8.2	9.3
Trade receivables	136.6	126.4
Cash	34.7	49.1
Current assets	174.0	179.1
Total assets	277.2	294.5
Trade payables	99.5	95.0
Borrowings, current	17.5	22.9
Lease liabilities, current	16.1	17.2
Current liabilities	138.9	140.4
Lease liabilities, non-current	43.0	50.8
Total liabilities	183.9	193.3
Total equity	93.3	101.2
Net cash / (debt) ex leases	17.2	26.2

	H1 26	H2 25	H1 25
Property, plant & equipment	8.2	9.3	10.3
Trade receivables	136.6	126.4	149.0
Cash	34.7	49.1	55.1
Current assets	174.0	179.1	209.2
Total assets	277.2	294.5	329.6
Trade payables	99.5	95.0	114.0
Borrowings, current	17.5	22.9	25.0
Lease liabilities, current	16.1	17.2	17.7
Current liabilities	138.9	140.4	160.6
Lease liabilities, non-current	43.0	50.8	50.7
Total liabilities	183.9	193.3	213.5
Total equity	93.3	101.2	116.1
Net cash / (debt) ex leases	17.2	26.2	30.1

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.