Midwich Group (MIDW)

Sector:

Support

Index:

FTSE AIM 50

138.20p
   
  • Change Today:
    -3.50p
  • 52 Week High: 230.00
  • 52 Week Low: 128.00
  • Currency: UK Pounds
  • Shares Issued: 105.15m
  • Volume: 17,191
  • Market Cap: £145.31m

Dividend Data

  31-Dec-2531-Dec-2431-Dec-2331-Dec-2231-Dec-21
Interim Dividend1.75p5.50p5.50p4.50pn/a
Final Dividend3.50p7.50p11.00p10.50pn/a
Total Dividend5.25p13.00p16.50p15.00pn/a
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
Revenue 1,291.77 1,317.01 1,295.08 1,204.05 855.97
Operating Profit/(Loss) (14.86) 24.13 41.58 35.05 20.98
Net Interest (13.07) (10.53) (9.55) (10.14) (2.09)
Profit Before Tax (30.51) 22.31 36.55 24.92 18.90
Profit After Tax (22.58) 16.96 28.93 16.85 13.47
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (22.58) 16.96 28.93 16.85 13.47
Attributable to:          
Equity Holders of Parent Company (22.58) 16.03 26.82 15.29 12.43
Minority Interests n/a 0.93 2.11 1.56 1.04
           
Continuing EPS          
Earnings per Share - Basic (21.92p) 15.69p 27.98p 17.32p 14.11p
Earnings per Share - Diluted (21.92p) 15.18p 27.06p 16.74p 13.76p
Earnings per Share - Adjusted 22.37p 26.96p 37.46p 36.08p 25.63p
Continuing and Discontinued EPS          
Earnings per Share - Basic (21.92p) 15.69p 27.98p 17.32p 14.11p
Earnings per Share - Diluted (21.92p) 15.18p 27.06p 16.74p 13.76p
Earnings per Share - Adjusted 22.37p 26.96p 37.46p 36.08p 25.63p
           
Dividend per Share 5.25p 13.00p 16.50p 15.00p 11.10p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 36.22 38.75 37.69 36.52 31.62
Intangible Assets 142.74 183.96 168.23 111.77 73.14
Investment Properties n/a n/a n/a n/a n/a
Investments 0.91 0.39 0.30 n/a n/a
Other Financial Assets 0.74 1.61 2.03 n/a n/a
Other Non-Current Assets n/a 0.15 0.62 2.57 2.72
  180.62 224.86 208.86 150.85 107.48
Current Assets          
Inventories 185.09 174.45 165.59 159.82 125.82
Trade & Other Receivables 201.75 197.56 223.83 218.61 124.26
Cash at Bank & in Hand 53.98 49.16 56.13 25.85 15.48
Current Asset Investments 3.44 4.06 n/a n/a n/a
Other Current Assets 0.43 0.57 0.05 4.63 0.49
  444.70 425.80 445.60 408.92 266.05
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 625.31 650.66 639.78 559.77 373.53
           
Liabilities          
Current Liabilities          
Borrowings 37.12 45.05 49.15 44.96 34.05
Other Current Liabilities 249.89 230.42 250.09 240.20 149.74
  287.00 275.47 299.23 285.15 183.80
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 163.94 157.54 113.18 100.32 60.40
Provisions 9.20 22.09 22.88 14.16 7.76
Other Non-Current Liabilities 5.10 6.41 8.34 26.00 7.17
  178.24 186.04 144.40 140.49 75.33
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 465.24 461.51 443.64 425.64 259.13
           
Net Assets 160.07 189.15 196.14 134.13 114.40
           
Capital & Reserves          
Share Capital 1.04 1.04 1.03 0.89 0.89
Share Premium Account 116.96 116.96 116.96 67.05 67.05
Other Reserves (0.10) (6.52) (7.83) 6.78 (1.89)
Retained Earnings 42.16 69.74 63.09 46.02 39.08
Shareholders Funds 160.07 181.22 173.26 120.74 105.12
           
Minority Interests/Other Equity n/a 7.93 22.89 13.40 9.28
Total Equity 160.07 189.15 196.14 134.13 114.40
Cash Flow 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Net Cash Flow From Operating Activities 55.65 35.28 63.79 26.19 11.49
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (13.80) (40.01) (67.41) (33.42) (22.43)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (36.13) (1.30) 35.68 15.82 0.34
Net Increase/Decrease In Cash 5.71 (6.03) 32.06 8.58 (10.60)
Ratios - based on IFRS 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
PE Ratio - Adjusted 8.3 10.8 11.7 11.7 24.5
PEG - Adjusted n/a n/a 2.9 0.3 0.2
Earnings per Share Growth - Adjusted -17% -28% 4% 41% 129%
Dividend Cover 4.26 2.07 2.27 2.41 2.31
Revenue per Share 1,228.56p 1,252.57p 1,231.71p 1,145.13p 814.09p
Pre-Tax Profit per Share (29.02p) 21.22p 34.76p 23.70p 17.97p
Operating Margin (1.15%) 1.83% 3.21% 2.91% 2.45%
Return on Capital Employed n/a 14.29% 21.63% 19.28% 14.62%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 8.3 10.8 11.7 11.7 24.5
PEG - Adjusted n/a n/a 2.9 0.3 0.2
Earnings per Share Growth - Adjusted -17% -28% 4% 41% 129%
Dividend Cover 4.26 2.07 2.27 2.41 2.31
           
Dividend Yield 2.8% 4.5% 3.8% 3.6% 1.8%
Dividend per Share Growth (59.62%) (21.21%) 10.00% 35.14% n/a
Operating Cash Flow per Share 52.92p 33.56p 60.67p 24.91p 10.93p
Cash Incr/Decr per Share 5.43p (5.74p) 30.49p 8.16p (10.08p)
Net Asset Value per Share (exc. Intangibles) 16.48p 4.94p 26.55p 21.27p 39.24p
Net Gearing 91.88% 84.66% 61.29% 98.91% 75.13%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

Top of Page