Five year financial summary
|
IFRS 2010 £'000 |
IFRS 2009 £'000 |
IFRS 2008 £'000 |
IFRS 2007 £'000 |
IFRS 2006 £'000 |
|
|
Turnover |
72,562 |
52,652 |
60,485 |
50,065 |
32,421 |
|
EBITDA
(see below) |
13,115 |
8,051 |
8,407 |
3,891 |
(1,702) |
|
Operating profit/(loss) |
|
|
|
|
|
|
Before exceptional items |
7,208 |
3,044 |
4,000 |
613 |
(3,956) |
|
After exceptional items |
7,208 |
3,044 |
69 |
174 |
(3,701) |
|
Retained profit/(loss) |
|
|
|
|
|
|
Before exceptional items |
7,056 |
2,058 |
2,546 |
(423) |
(4,245) |
|
After exceptional items |
7,056 |
2,058 |
(1,385) |
(862) |
(3,990) |
|
Net cash flow from operations |
|||||
|
Before exceptional items |
|
8,139 |
8,526 |
2,043 |
(4,418) |
|
After exceptional items |
10,250 |
7,712 |
7,461 |
1,828 |
(4,418) |
|
Free cash flow* |
|
|
|
|
|
|
Before exceptional items |
3,315 |
3,906 |
690 |
(7,066) |
(5,820) |
|
After exceptional items |
3,315 |
3,479 |
(375) |
(7,281) |
(5,820) |
|
Net (debt)/funds |
7,021 |
(14,931) |
(18,135) |
(14,159) |
(5,918) |
|
Shareholders’ funds |
62,274 |
29,837 |
30,218 |
22,960 |
23,840 |
|
EPS |
|
|
|
|
|
|
Adjusted ** |
1.91p |
0.68p |
0.79p |
0.20p |
(1.11p) |
|
Unadjusted |
1.63p |
0.47p |
(0.32p) |
(0.14p) |
(1.18p) |
|
Diluted - adjusted** |
1.76p |
0.64p |
0.79p |
0.20p |
(1.11p) |
|
Diluted - unadjusted |
1.50p |
0.44p |
(0.32p) |
(0.14p) |
(1.18p) |
* Free cash flow is defined as net cash flow before acquisitions, financing and net interest paid.
** Adjusted EPS measures exclude share based payments and
exceptional items.
Earnings before interest, tax, depreciation and goodwill
amortisation (EBITDA) have been calculated as follows:
|
IFRS 2010 £'000 |
IFRS 2009 £'000 |
IFRS 2008 £'000 |
IFRS 2007 £'000 |
IFRS 2006 £'000 |
|
|
Profit/(loss) after tax |
7,506 |
2,058 |
(1,385) |
(862) |
(3,990) |
|
Tax |
(1,172) |
- | - | - | - |
|
Interest |
874 |
986 |
1,454 |
1,036 |
289 |
|
Share based payments |
(1,172) |
898 |
884 |
571 |
501 |
|
Exceptional items |
- |
- |
3,931 |
439 |
(255) |
|
Depreciation |
3,619 |
3,372 |
3,076 |
2,400 |
1,612 |
|
Amortisation of intangible assets |
986 |
737 |
447 |
307 |
141 |
|
EBITDA |
13,115 |
8,051 |
8,407 |
3,891 |
(1,702) |