Xaar

XAR · Main Market · Industrial Goods and Services · mcap £120m · 145.5p

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Financials · LTM to 30 Jun 26

Source: results 04 Aug 26 ↗

Revenue: £62.5m
Operating profit: −£1.4m
Net income: −£2.1m
Free cash flow: −£5.8m
Net debt: £144k
Market cap: £116m
EV / EBIT: –
FCF yield: −5.0%
Price / book: 2.1×

Latest half-year · H1 26 vs H1 25 results 04 Aug 26 ↗

Revenue: £29.7m
Operating profit: −£1.1m
Net income: −£1.8m
Cash from operations: −£3.2m

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 04 Aug 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	FY 24
Revenue	62.5	60.1	53.8
Gross profit	25.2	23.7	19.6
Adjusted operating profit	2.1	1.1	(0.6)
Exceptional / adjusting items	(3.5)	(4.0)	(8.4)
Operating profit	(1.4)	(2.9)	(9.0)
Share-based payments	–	–	0.9
Finance costs	(0.5)	(0.5)	(0.4)
Profit before tax	(1.8)	(3.3)	(9.4)
Tax	(0.0)	0.2	0.8
Net income (owners)	(2.1)	(3.4)	(10.8)
Discontinued operations	(0.3)	(0.4)	(2.3)
EPS basic	(2.7p)	(4.3p)	(13.7p)
EPS diluted	(2.7p)	(4.3p)	(13.7p)

	H1 26	vs H1 25	H2 25	H1 25
Revenue	29.7	+9%	32.8	27.2
Gross profit	11.5	+16%	13.8	9.9
Adjusted EBITDA	1.7	+112%	–	0.8
Adjusted operating profit	0.4	n/m	1.7	(0.5)
Exceptional / adjusting items	(1.5)	−26%	(1.9)	(2.1)
Operating profit	(1.1)	n/m	(0.3)	(2.6)
Depreciation (owned assets)	1.3	+10%	–	1.2
Depreciation (right-of-use)	0.4	+6%	–	0.4
Amortisation	0.2	+4%	–	0.2
Share-based payments	0.5	+44%	–	0.4
Fair value gains / losses	(0.0)	n/m	–	0.4
Finance costs	(0.3)	+11%	(0.2)	(0.2)
Profit before tax	(1.4)	n/m	(0.5)	(2.8)
Tax	(0.1)	n/m	0.1	0.2
Net income (owners)	(1.8)	n/m	(0.3)	(3.1)
Discontinued operations	(0.4)	−23%	0.1	(0.5)
EPS basic	(2.3p)	–	(0.4p)	(3.9p)
EPS diluted	(2.3p)	–	(0.4p)	(3.9p)

	LTM Jun 26	FY 25	FY 24
Cash from operations	(0.4)	1.8	6.6
Interest paid	(0.2)	(0.1)	(0.1)
Tax paid	0.5	(0.0)	0.6
Capex (PP&E)	(2.8)	(1.9)	(0.9)
Capex (intangibles)	(1.2)	(1.0)	(0.1)
Lease principal paid	(1.3)	(1.6)	(1.2)
Share buybacks	(1.2)	(0.9)	–
Shares issued	–	–	0.1

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	(3.2)	n/m	2.7	(0.9)
Interest paid	(0.1)	n/m	(0.1)	(0.0)
Tax paid	0.4	n/m	0.0	(0.1)
Capex (PP&E)	(1.7)	+113%	(1.2)	(0.8)
Capex (intangibles)	(0.8)	+46%	(0.5)	(0.5)
Lease principal paid	(0.5)	−41%	(0.8)	(0.8)
Share buybacks	(0.6)	+101%	(0.6)	(0.3)

	Latest Jun 26	FY 25	FY 24	FY 23
Goodwill	6.7	6.6	7.0	6.9
Other intangibles	6.2	5.7	5.1	7.4
Property, plant & equipment	13.1	12.6	12.5	14.5
Other investments	2.7	2.7	–	–
Inventories	29.6	26.6	27.2	31.0
Trade receivables	9.7	9.3	8.1	8.8
Cash	3.3	5.3	8.7	7.1
Current assets	43.8	44.7	–	–
Total assets	78.1	78.3	81.3	97.9
Trade payables	10.6	11.2	8.8	9.6
Borrowings, current	3.4	0.5	0.6	1.4
Lease liabilities, current	0.7	0.7	1.2	1.8
Current liabilities	19.7	17.5	–	–
Lease liabilities, non-current	3.9	4.2	4.7	6.9
Deferred consideration	–	–	–	2.1
Total liabilities	23.8	22.0	21.3	28.5
Total equity	54.3	56.3	59.9	69.4
Net cash / (debt) ex leases	(0.1)	4.9	8.2	–

	H1 26	H2 25	H1 25	H2 24	H2 23
Goodwill	6.7	6.6	–	7.0	6.9
Other intangibles	6.2	5.7	–	5.1	7.4
Property, plant & equipment	13.1	12.6	–	12.5	14.5
Other investments	2.7	2.7	–	–	–
Inventories	29.6	26.6	–	27.2	31.0
Trade receivables	9.7	9.3	–	8.1	8.8
Cash	3.3	5.3	–	8.7	7.1
Current assets	43.8	44.7	–	–	–
Total assets	78.1	78.3	–	81.3	97.9
Trade payables	10.6	11.2	–	8.8	9.6
Borrowings, current	3.4	0.5	–	0.6	1.4
Lease liabilities, current	0.7	0.7	–	1.2	1.8
Current liabilities	19.7	17.5	–	–	–
Lease liabilities, non-current	3.9	4.2	–	4.7	6.9
Deferred consideration	–	–	–	–	2.1
Total liabilities	23.8	22.0	–	21.3	28.5
Total equity	54.3	56.3	–	59.9	69.4
Net cash / (debt) ex leases	(0.1)	4.9	5.1	8.2	–

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.