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  • Annual Report 2016
    31 December 2016 31 December 2015 % change
    Revenue £189.4m £160.7m +18%
    Mountie revenue £167.3m £119.4m +40%
    Adjusted operating profit¹ £37.6m £30.2m +25%
    Profit before tax £35.3m £29.4m +20%
    Adjusted profit before tax¹ £37.5m £30.1m +25%
    Basic earnings per share 24.4p 20.5p +19%
    Adjusted basic earnings per share¹ 25.8p 21.0p +23%
    Net cash position at year end £27.8m £22.4m +24%
    Cash flow generated from operations £39.4m £36.5m +8%
    Adjusted cash conversion¹ 104.9% 121.3% -14%
    Ordinary dividend per share 19.6p 16.5p +19%

    ¹ The adjusted operating profit, adjusted profit before tax and adjusted cash conversion are calculated before performance share plan expenses (including social security costs). The adjusted basic earnings per share is calculated before the impact of performance share plan expenses (including social security costs and associated deferred tax).

    View or download our 2016 Annual Report

    Interim Report 2016
    30 June 2016 30 June 2015 % change
    Revenue £86.5m £74.6m 16.0%
    Mountie revenue £76.7m £55.4m 38.4%
    Adjusted¹ Group operating profit £16.6m £13.5m 23.0%
    Group profit before tax £15.5m £13.1m 18.3%
    Adjusted¹ Group profit before tax £16.5m £13.4m 23.1%
    Basic earnings per share 10.7p 9.2p 16.3%
    Adjusted¹ basic earnings per share 11.5p 9.3p 23.7%
    Net cash position at period end £19.1m £13.6m 40.4%
    Cash flows generated from operations £15.7m £14.6m 7.5%
    Adjusted¹ cash conversion 94.9% 109.2% -13.1%
    Interim ordinary dividend per share declared 9.3p 8.0p 16.3%

    ¹ The adjusted Group operating profit, adjusted Group profit before tax and adjusted cash conversion are calculated before share option plan expenses (including associated taxes). The adjusted basic earnings per share is calculated before the impact of share option plan expenses (including associated taxes).

    View or download our 2016 Interim Report

    Annual Report 2015
    31 December 2015 31 December 2014 % change
    Revenue £160.7m £123.3m 30.3%
    Mountie revenue £119.4m £88.9m 34.3%
    Adjusted¹ Group operating profit £30.2m £24.9m 21.3%
    Group profit before tax £29.4m £19.0m 54.7%
    Adjusted¹ Group profit before tax £30.1m £24.4m 23.4%
    Basic earnings per share 20.5p 12.7p 61.4%
    Adjusted¹ basic earnings per share 21.0p 17.5p 20.0%
    Net cash position at year end £22.4m £12.3m 82.1%
    Cash flow generated from operations £36.5m £19.3m 89.1%
    Adjusted¹ cash flow generated from operations £36.5m £24.6m 48.4%
    Adjusted¹ cash conversion 121.3% 101.1% 20.0%
    Ordinary dividend per share² 16.5p 7.5p 120.0%
    Special dividend per share² 5.0p n/a

     

    ¹ The adjusted Group operating profit, adjusted profit before tax, adjusted cash flow generated from operations and adjusted cash conversion are calculated before exceptional items and performance share plan expenses (including social security costs). The adjusted basic earnings per share is calculated before the impact of exceptional items and performance share plan expenses (including social security costs and associated deferred tax).

     

    ² The dividend in 2015 is in respect of the full year ended 31 December 2015 and represents an interim dividend of 8.0 pence per share and a proposed final dividend of 8.5 pence per share, in addition to a proposed special dividend of 5.0 pence per share. The dividend declared in 2014 is in respect of the period from admission to the London Stock Exchange on 20 June 2014 to 31 December 2014.

     

    View or download our 2015 Annual Report

    Interim Report 2015
    30 June 2015 30 June 2014 % change
    Revenue £74.6m £56.6m 32%
    Mountie revenue £55.4m £41.2m 34%
    Group profit before tax £13.1m £5.1m 157%
    Adjusted¹ Group profit before tax £13.4m £10.4m 29%
    Basic earning per share 9.2p 2.4p 283%
    Adjusted¹ basic earnings per share 9.3p 7.5p 24%
    Net cash position at period end £13.6m £5.4m 152%
    Cash flows generated from operations £14.6m £9.9m 47%
    Adjusted¹ cash flows generated from operations £14.6m £11.0m 33%
    Adjusted¹ cash conversion 109.2% 105.5% 4%
    Interim dividend per share declared 8.0p nil

    ¹ The adjusted Group profit before tax, adjusted cash flows generated from operations and adjusted cash conversion are calculated before: exceptional items and share option plan expenses (including associated taxes). The adjusted basic earnings per share is calculated before the impact of: exceptional items and share option plan expenses (including associated taxes).

    View or download our 2015 Interim Report

    Annual Report 2014
    2014 2013 % change
    Revenue £123.3m £105.6m +17%
    Mountie revenue £88.9m £73.8m +20%
    Group operating profit £19.5m £20.9m -7%
    Adjusted¹ Group operating profit £24.9m £22.6m +10%
    Group profit before tax £19.0m £19.9m -5%
    Adjusted¹ Group profit before tax £24.4m £21.7m +12%
    Basic earnings per share 12.7p 14.1p -10%
    Adjusted¹ earnings per share 17.5p 15.4p +14%
    Net cash/ (debt) position £12.3m (£9.0m)
    Cash flows generated from operations £19.3m £21.5m -10%
    Adjusted¹ cash generated from operations £24.6m £22.8m +8%
    Proposed maiden plc dividend per share 7.5 p

      ¹ Adjusted group operating profit, adjusted profit before tax and adjusted cash generated from operations are calculated before the impact of exceptional items. Adjusted earnings per share is calculated before the impact of exceptional items (net of tax).

    View or download our 2014 Annual Report

    Interim Report 2014
    • Revenue for the six months to 30 June 2014 increased by 13.6% to £56.6 million (2013: £49.8 million)
    • Net fee income for the six months to 30 June 2014 increased by 19.1% to £42.6 million (2013: £35.8 million)
    • Mountie revenue for the six months to 30 June 2014 increased by 20.0% to £41.2 million (2013: £34.4 million)
    • Mountie utilisation rate for the six months to 30 June 2014 was 97.8% (2013: 96.7%)
    • EBITDA for the six months to 30 June 2014 (operating profit before interest, taxation, depreciation and amortisation and exceptionals) increased by 10.6% to £11.0 million (2013: £10.0 million)
    • Group operating profit before exceptional items for the six months to 30 June 2014 increased to £10.7 million (2013: £9.7 million)
    • Exceptional administrative expenses totalled £5.3 million related to the Initial Public Offering of FDM of £4.9 million and exceptional share based payment costs of £0.4 million (2013: £nil)
    • Group Profit before tax after exceptional items for the six months to 30 June 2014 decreased to £5.1 million (2013: £9.6 million). Basic and fully diluted earnings per share for the six months to 30 June 2014 were 2.4 pence per share (2013: 7.0 pence per share)
    • Basic and fully diluted earnings per share excluding exceptional items were 7.5 pence per share (2013: 7.0 pence per share)
    • Net cash position at 30 June 2014 of £5.4 million (2013: £5.0 million)

    View or download our 2014 Interim Report


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