Topps Tiles

TPT · Main Market · Retail · mcap £71m · 34.9p

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Financials · LTM to 28 Mar 26

Source: results 19 May 26 ↗

Revenue: £295m
Operating profit: £14.5m
Net income: £5.1m
Free cash flow: £258k
Net debt: £3.1m
Market cap: £68.6m
EV / EBIT: 5.0×
FCF yield: +0.4%
Price / book: 18.4×

Latest half-year · H1 Mar 26 vs H1 Mar 25 results 19 May 26 ↗

Revenue: £143m
Operating profit: £4.4m
Net income: £343k
Cash from operations: £8.1m

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 Mar 26 (six months to 28 Mar 26), published 19 May 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
Revenue	295.5	295.8
Gross profit	155.7	154.3
Operating profit	14.5	15.3
Depreciation (owned assets)	3.7	4.0
Depreciation (right-of-use)	14.0	12.8
Amortisation	1.0	0.9
Share-based payments	0.4	0.2
Finance costs	7.8	7.3
Profit before tax	6.9	8.3
Tax	(1.7)	(2.3)
Net income (owners)	5.1	6.0
EPS basic	2.6p	3.0p
EPS diluted	2.6p	3.0p

	H1 Mar 26	vs H1 Mar 25	H2 Sep 25	H1 Mar 25
Revenue	142.6	0%	152.9	142.9
Gross profit	75.5	+2%	80.2	74.1
Operating profit	4.4	−16%	10.1	5.2
Depreciation (owned assets)	1.8	−16%	1.9	2.1
Depreciation (right-of-use)	7.4	+20%	6.6	6.2
Amortisation	0.5	+39%	0.6	0.3
Share-based payments	0.2	n/m	0.2	0.0
Finance costs	4.0	+15%	3.8	3.5
Profit before tax	0.5	−75%	6.4	1.9
Tax	(0.1)	−81%	(1.6)	(0.7)
Net income (owners)	0.3	−71%	4.8	1.2
EPS basic	0.2p	–	2.4p	0.6p
EPS diluted	0.2p	–	2.4p	0.6p

	LTM Mar 26	FY Sep 25
Cash from operations	26.4	23.7
Interest paid	(0.9)	(1.0)
Tax paid	(0.0)	(0.3)
Capex (PP&E)	(3.0)	(4.8)
Capex (intangibles)	(0.5)	(0.2)
Lease principal paid	(16.0)	(16.0)
Lease interest paid	(6.7)	(6.1)
Dividends paid	(5.7)	(3.9)
Share buybacks	(0.4)	(0.1)

	H1 Mar 26	vs H1 Mar 25	H2 Sep 25	H1 Mar 25
Cash from operations	8.1	+51%	18.4	5.3
Interest paid	(0.4)	−16%	(0.4)	(0.5)
Tax paid	0.0	n/m	(0.0)	(0.3)
Capex (PP&E)	(1.7)	−52%	(1.2)	(3.6)
Capex (intangibles)	(0.4)	n/m	(0.1)	(0.1)
Lease principal paid	(8.8)	0%	(7.2)	(8.8)
Lease interest paid	(3.5)	+19%	(3.2)	(2.9)
Dividends paid	(4.1)	+75%	(1.6)	(2.4)
Share buybacks	(0.4)	+232%	0.0	(0.1)

	Latest Mar 26	FY Sep 25
Goodwill	6.8	5.5
Other intangibles	5.7	5.7
Property, plant & equipment	16.1	16.8
Inventories	41.9	40.6
Trade receivables	16.2	18.0
Cash	15.9	18.4
Total assets	184.8	187.9
Trade payables	57.8	64.4
Lease liabilities, current	17.2	16.8
Current liabilities	75.3	81.4
Borrowings, non-current	19.0	11.0
Lease liabilities, non-current	81.8	83.0
Total liabilities	181.1	180.2
Total equity	3.7	7.7
Net cash / (debt) ex leases	(3.1)	–
Undrawn facilities	26.9	–

	H1 Mar 26	H2 Sep 25	H1 Mar 25
Goodwill	6.8	5.5	8.4
Other intangibles	5.7	5.7	3.9
Property, plant & equipment	16.1	16.8	18.2
Inventories	41.9	40.6	40.3
Trade receivables	16.2	18.0	16.1
Cash	15.9	18.4	12.8
Total assets	184.8	187.9	177.0
Trade payables	57.8	64.4	59.3
Lease liabilities, current	17.2	16.8	15.8
Current liabilities	75.3	81.4	75.4
Borrowings, non-current	19.0	11.0	14.0
Lease liabilities, non-current	81.8	83.0	80.5
Total liabilities	181.1	180.2	172.7
Total equity	3.7	7.7	4.3
Net cash / (debt) ex leases	(3.1)	–	(1.2)
Undrawn facilities	26.9	–	28.8

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.