Warpaint London

W7L · AIM · Consumer Products and Services · mcap £161m · 190.0p

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Financials · LTM to 30 Jun 26

Source: results 23 Sep 26 ↗

Revenue: £96.3m
Operating profit: £16.1m
Net income: £11.5m
Free cash flow: £12.6m
Net cash: £20.7m
Market cap: £151m
EV / EBIT: 8.1×
FCF yield: +8.4%
Price / book: 1.9×

Latest half-year · H1 26 vs H1 25 results 23 Sep 26 ↗

Revenue: £40.5m
Operating profit: £5.2m
Net income: £3.6m
Cash from operations: £7.4m

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 23 Sep 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	96.3	105.1
Gross profit	41.7	44.7
Operating profit	16.1	18.5
Depreciation (owned assets)	1.4	1.3
Depreciation (right-of-use)	1.7	1.5
Amortisation	0.3	0.3
Share-based payments	0.6	0.6
Finance costs	(0.6)	(0.6)
Profit before tax	15.7	18.1
Tax	(4.1)	(3.8)
Net income (owners)	11.5	14.4
EPS basic	14.3p	17.8p
EPS diluted	14.3p	17.7p

	H1 26	vs H1 25	H2 25	H1 25
Revenue	40.5	−18%	55.8	49.3
Gross profit	19.2	−14%	22.6	22.2
Adjusted EBITDA	6.8	−36%	–	10.7
Operating profit	5.2	−31%	10.9	7.5
Depreciation (owned assets)	0.7	+31%	0.7	0.6
Depreciation (right-of-use)	0.9	+34%	0.9	0.7
Amortisation	0.2	+22%	0.2	0.1
Share-based payments	0.3	0%	0.3	0.3
Finance costs	(0.4)	+6%	(0.3)	(0.4)
Profit before tax	4.9	−33%	10.8	7.3
Tax	(1.3)	+38%	(2.8)	(1.0)
Net income (owners)	3.6	−44%	8.0	6.4
EPS basic	4.4p	–	9.9p	7.9p
EPS diluted	4.4p	–	9.9p	7.8p
Dividend per share	4.2p	–	–	4.0p

	LTM Jun 26	FY 25
Cash from operations	17.6	14.3
Interest paid	(0.1)	(0.2)
Tax paid	(3.2)	(5.4)
Capex (PP&E)	(2.2)	(2.2)
Capex (intangibles)	(0.5)	(0.0)
Lease principal paid	(1.7)	(1.4)
Lease interest paid	(0.6)	(0.5)
Dividends paid	(9.3)	(9.3)

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	7.4	+81%	10.3	4.1
Interest paid	(0.1)	−62%	(0.0)	(0.1)
Tax paid	(1.1)	−67%	(2.2)	(3.3)
Capex (PP&E)	(1.1)	0%	(1.1)	(1.1)
Capex (intangibles)	(0.5)	n/m	0.0	(0.0)
Lease principal paid	(0.8)	+60%	(0.9)	(0.5)
Lease interest paid	(0.3)	+53%	(0.3)	(0.2)
Dividends paid	0.0	n/m	(9.3)	0.0

	Latest Jun 26	FY 25
Goodwill	7.3	7.3
Other intangibles	4.7	4.3
Property, plant & equipment	3.5	3.4
Inventories	29.0	31.4
Trade receivables	22.3	20.0
Cash	20.7	16.0
Current assets	74.2	69.1
Total assets	104.1	98.2
Trade payables	17.1	7.9
Lease liabilities, current	0.8	1.3
Current liabilities	17.9	9.3
Lease liabilities, non-current	8.2	8.5
Pension surplus / (deficit)	5.0	3.3
Total liabilities	26.1	17.8
Total equity	78.0	80.4

	H1 26	H2 25	H1 25
Goodwill	7.3	7.3	7.3
Other intangibles	4.7	4.3	4.5
Property, plant & equipment	3.5	3.4	3.0
Inventories	29.0	31.4	35.9
Trade receivables	22.3	20.0	21.5
Cash	20.7	16.0	17.0
Current assets	74.2	69.1	76.7
Total assets	104.1	98.2	105.2
Trade payables	17.1	7.9	17.7
Lease liabilities, current	0.8	1.3	1.4
Current liabilities	17.9	9.3	21.7
Lease liabilities, non-current	8.2	8.5	9.1
Pension surplus / (deficit)	5.0	3.3	2.0
Total liabilities	26.1	17.8	30.8
Total equity	78.0	80.4	74.4

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.