Titon Holdings
TON · AIM · Construction and Materials · mcap £9.0m · 77.5p
Titon designs and makes ventilation systems and window and door hardware, mainly for UK and European housebuilding. It owns its Haverhill factory in Suffolk.
Financials · LTM to 31 Mar 26
Source: results 30 Apr 26 ↗
- Revenue
- £16.2m
- Operating profit
- −£922k
- Net income
- −£37k
- Free cash flow
- £201k
- Net cash
- £3.1m
- Market cap
- £8.7m
- EV / EBIT
- –
- FCF yield
- +2.3%
- Price / book
- 0.8×
Latest half-year · H1 Mar 26 vs H1 Mar 25
results 30 Apr 26 ↗
- Revenue
- £8.1m +6%
- Net income
- −£455k prior −£138k
- Cash from operations
- −£278k prior £61k
Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.
Latest report: H1 Mar 26 (six months to 31 Mar 26), published 30 Apr 26 · read the results ↗
£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source
| LTM Mar 26 | FY Sep 25 | FY Sep 24 | FY Sep 23 | |
|---|---|---|---|---|
| Revenue | 16.2 | 15.8 | 15.5 | 19.8 |
| Gross profit | 5.3 | 5.2 | 4.3 | 5.6 |
| Adjusted EBITDA | 0.5 | 0.8 | 0.0 | 0.8 |
| Adjusted operating profit | (0.3) | (0.1) | (0.9) | (0.1) |
| Exceptional / adjusting items | 0.1 | 0.1 | (1.5) | (0.0) |
| Operating profit | – | – | – | (0.6) |
| Depreciation (owned assets) | 0.4 | 0.4 | 0.5 | 0.5 |
| Depreciation (right-of-use) | 0.2 | 0.2 | 0.2 | 0.2 |
| Amortisation | 0.2 | 0.2 | 0.2 | 0.2 |
| Share-based payments | 0.0 | 0.0 | (0.0) | (0.1) |
| Finance costs | (0.0) | (0.0) | (0.0) | (0.0) |
| Profit before tax | (0.2) | 0.1 | (2.4) | (0.2) |
| Tax | 0.0 | 0.0 | 0.5 | 0.0 |
| Net income (owners) | (0.0) | 0.3 | (3.7) | (0.7) |
| Discontinued operations | 0.1 | 0.2 | (1.8) | (0.8) |
| EPS basic | (0.3p) | 2.5p | (32.9p) | (6.1p) |
| EPS diluted | (0.3p) | 2.5p | (32.9p) | (6.1p) |
| H1 Mar 26 | vs H1 Mar 25 | H2 Sep 25 | H1 Mar 25 | H2 Sep 24 | H1 Mar 24 | H2 Sep 23 | |
|---|---|---|---|---|---|---|---|
| Revenue | 8.1 | +6% | 8.2 | 7.6 | 6.4 | 9.1 | 7.8 |
| Gross profit | 2.4 | +3% | 2.9 | 2.3 | 2.1 | 2.3 | 2.5 |
| Adjusted EBITDA | (0.0) | n/m | 0.6 | 0.3 | – | – | – |
| Adjusted operating profit | (0.4) | n/m | 0.1 | (0.2) | – | – | – |
| Exceptional / adjusting items | (0.0) | n/m | 0.1 | 0.0 | (1.5) | (0.1) | (0.0) |
| Operating profit | – | – | – | – | – | (0.7) | (0.2) |
| Depreciation (owned assets) | 0.2 | −9% | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 |
| Depreciation (right-of-use) | 0.1 | n/m | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Amortisation | 0.1 | −19% | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 |
| Share-based payments | 0.0 | n/m | 0.0 | 0.0 | 0.0 | (0.0) | (0.1) |
| Finance costs | (0.0) | n/m | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Profit before tax | (0.4) | n/m | 0.3 | (0.2) | (1.7) | (0.7) | 0.3 |
| Tax | (0.0) | n/m | 0.0 | 0.0 | 0.4 | 0.0 | (0.0) |
| Net income (owners) | (0.5) | n/m | 0.4 | (0.1) | (3.1) | (0.6) | (0.4) |
| Discontinued operations | 0.0 | n/m | 0.1 | 0.0 | – | – | – |
| EPS basic | (4.0p) | – | 3.7p | (1.2p) | (27.5p) | (5.5p) | (3.3p) |
| EPS diluted | (4.0p) | – | 3.7p | (1.2p) | (27.5p) | (5.5p) | (3.3p) |
| H1 Mar 26 | vs H1 Mar 25 | H2 Sep 25 | H1 Mar 25 | H2 Sep 24 | H1 Mar 24 | H2 Sep 23 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | (0.3) | n/m | 1.0 | 0.1 | 0.4 | 0.2 | 1.1 |
| Capex (PP&E) | (0.1) | n/m | (0.1) | (0.1) | (0.1) | 0.0 | (0.2) |
| Capex (intangibles) | (0.0) | n/m | (0.1) | (0.1) | (0.2) | (0.1) | (0.2) |
| Lease principal paid | (0.1) | +15% | (0.1) | (0.1) | 0.0 | (0.2) | (0.1) |
| Dividends paid | – | – | – | – | (0.1) | 0.0 | (0.1) |
| Shares issued | – | – | – | – | 0.0 | 0.0 | 0.0 |
| Latest Mar 26 | FY Sep 25 | FY Sep 24 | FY Sep 23 | |
|---|---|---|---|---|
| Other intangibles | 0.6 | 0.7 | 0.8 | 0.9 |
| Property, plant & equipment | 2.3 | 2.5 | 2.8 | 3.2 |
| Associates & JVs | – | – | – | 2.3 |
| Inventories | 2.7 | 3.0 | 3.5 | 6.1 |
| Trade receivables | 3.9 | 3.4 | 3.0 | 3.8 |
| Cash | 3.1 | 3.5 | 2.3 | 2.2 |
| Current assets | 9.7 | 9.9 | 8.8 | 12.1 |
| Total assets | 13.9 | 14.2 | 14.3 | 19.4 |
| Trade payables | 2.7 | 2.7 | 2.8 | 4.0 |
| Lease liabilities, current | 0.2 | 0.3 | 0.1 | 0.2 |
| Current liabilities | 2.9 | 2.9 | 2.9 | 4.2 |
| Lease liabilities, non-current | 0.3 | 0.1 | 0.3 | 0.4 |
| Total liabilities | 3.2 | 3.1 | 3.4 | 4.6 |
| Non-controlling interests | – | – | (0.0) | 0.1 |
| Total equity | 10.7 | 11.1 | 10.9 | 14.8 |
| Net cash / (debt) ex leases | 3.1 | 3.5 | – | – |
| H1 Mar 26 | H2 Sep 25 | H1 Mar 25 | H2 Sep 24 | H1 Mar 24 | H2 Sep 23 | |
|---|---|---|---|---|---|---|
| Other intangibles | 0.6 | 0.7 | 0.8 | 0.8 | 0.9 | 0.9 |
| Property, plant & equipment | 2.3 | 2.5 | 2.6 | 2.8 | 2.9 | 3.2 |
| Associates & JVs | – | – | – | – | 2.3 | 2.3 |
| Inventories | 2.7 | 3.0 | 3.4 | 3.5 | 5.8 | 6.1 |
| Trade receivables | 3.9 | 3.4 | 3.3 | 3.0 | 3.3 | 3.8 |
| Cash | 3.1 | 3.5 | 2.9 | 2.3 | 2.2 | 2.2 |
| Current assets | 9.7 | 9.9 | 9.5 | 8.8 | 11.3 | 12.1 |
| Total assets | 13.9 | 14.2 | 14.0 | 14.3 | 18.2 | 19.4 |
| Trade payables | 2.7 | 2.7 | 2.8 | 2.8 | 3.7 | 4.0 |
| Lease liabilities, current | 0.2 | 0.3 | 0.1 | 0.1 | 0.2 | 0.2 |
| Current liabilities | 2.9 | 2.9 | 2.9 | 2.9 | 3.9 | 4.2 |
| Lease liabilities, non-current | 0.3 | 0.1 | 0.2 | 0.3 | 0.3 | 0.4 |
| Total liabilities | 3.2 | 3.1 | 3.1 | 3.4 | 4.2 | 4.6 |
| Non-controlling interests | – | – | – | (0.0) | (0.0) | 0.1 |
| Total equity | 10.7 | 11.1 | 10.8 | 10.9 | 14.1 | 14.8 |
| Net cash / (debt) ex leases | 3.1 | 3.5 | 2.9 | – | – | – |
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.