Tatton Asset Management

TAM · AIM · Financial Services · mcap £397m · 680.0p

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Financials · LTM to 31 Mar 26

Source: results 16 Jun 26 ↗

Revenue: £54.4m
Operating profit: £22.2m
Net income: £17.0m
Free cash flow: £22.6m
Net cash: £33.9m
Market cap: £417m
EV / EBIT: 17.0×
FCF yield: +5.4%
Price / book: 7.6×

Latest half-year · H1 Sep 25 vs H1 Sep 24 results 18 Nov 25 ↗

Revenue: £25.7m
Operating profit: £11.2m
Net income: £8.7m
Cash from operations: £6.7m

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: FY Mar 26 (twelve months to 31 Mar 26), published 16 Jun 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	FY Mar 26	FY Mar 25
Revenue	54.4	45.3
Adjusted operating profit	28.5	22.9
Operating profit	–	20.7
Depreciation (owned assets)	0.3	0.3
Amortisation	0.7	0.6
Share-based payments	1.9	1.4
Fair value gains / losses	(0.1)	(0.0)
Finance costs	0.1	0.1
Profit before tax	25.3	21.6
Tax	6.6	5.6
Net income (owners)	–	16.1
EPS basic	30.8p	26.4p
Dividend per share	27.0p	19.0p

	H2 Mar 26	H1 Sep 25	H2 Mar 25	H1 Sep 24
Revenue	28.7	25.7	23.6	21.7
Adjusted operating profit	15.4	13.1	12.1	10.9
Operating profit	–	11.2	11.0	9.6
Share-based payments	0.3	1.6	0.6	0.8
Finance costs	0.2	(0.1)	0.1	(0.0)
Profit before tax	13.6	11.7	11.5	10.1
Tax	9.6	(3.0)	8.0	(2.4)
Net income (owners)	–	8.7	8.3	7.8
EPS basic	16.4p	14.3p	13.4p	13.0p
Dividend per share	15.0p	12.0p	9.5p	9.5p

	FY Mar 26	FY Mar 25
Cash from operations	23.6	18.8
Tax paid	(5.1)	(5.9)
Capex (PP&E)	(0.3)	(0.1)
Capex (intangibles)	(0.4)	(0.4)
Lease principal paid	(0.3)	(0.2)
Dividends paid	(13.0)	(10.4)
Share buybacks	(4.9)	(0.1)
Shares issued	0.1	0.1

	H2 Mar 26	H1 Sep 25	H2 Mar 25	H1 Sep 24
Cash from operations	16.9	6.7	11.2	7.5
Tax paid	(1.6)	(3.5)	(3.2)	(2.7)
Capex (PP&E)	(0.2)	(0.1)	(0.0)	(0.0)
Capex (intangibles)	(0.2)	(0.2)	(0.3)	(0.1)
Lease principal paid	(0.1)	(0.2)	(0.1)	(0.1)
Dividends paid	(7.3)	(5.7)	(5.7)	(4.7)
Share buybacks	(4.9)	0.0	(0.1)	0.0
Shares issued	0.1	0.0	0.0	0.1

	FY Mar 26	FY Mar 25
Goodwill	9.8	9.8
Other intangibles	3.2	3.5
Property, plant & equipment	0.9	0.9
Associates & JVs	5.1	5.3
Other investments	–	1.1
Trade receivables	7.4	6.5
Cash	33.9	32.1
Current assets	42.7	40.1
Total assets	68.2	62.4
Trade payables	12.7	11.2
Current liabilities	12.7	11.2
Total liabilities	13.2	11.9
Non-controlling interests	(0.0)	(0.0)
Total equity	55.0	50.6
Net cash / (debt) ex leases	–	32.1

	H2 Mar 26	H1 Sep 25	H2 Mar 25	H1 Sep 24
Goodwill	9.8	9.8	9.8	9.8
Other intangibles	3.2	3.4	3.5	3.5
Property, plant & equipment	0.9	0.9	0.9	0.7
Associates & JVs	5.1	5.2	5.3	5.3
Other investments	–	1.2	1.1	1.1
Trade receivables	7.4	8.2	6.5	5.3
Cash	33.9	34.0	32.1	26.9
Current assets	42.7	45.3	40.1	33.5
Total assets	68.2	66.9	62.4	56.0
Trade payables	12.7	10.4	11.2	7.6
Current liabilities	12.7	10.4	11.2	7.6
Total liabilities	13.2	11.0	11.9	8.6
Non-controlling interests	(0.0)	(0.0)	(0.0)	(0.0)
Total equity	55.0	55.9	50.6	47.4
Net cash / (debt) ex leases	–	34.1	32.1	–

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.