What stands out
- Most companies in its industry are flow businesses; this one is an interface business
At a glance
- Depends onMidstream position: 6 outgoing, 6 incoming connections
- ScaleMarket cap is $96.33M, lower than 95% of all stocks globally
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are flow businesses; this one is an interface business
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
2.22%Below 5Y avg (3.46%)
Annual Rate
GBP 0.05Paid semi-annual
Payout Ratio
78.6%Moderate
Last Ex-Dividend
Jul 30, 2026
The reported statements, read against the company's own industry.
As of FY2025 (year ended February 28, 2025). Newer annual figures aren't yet on file.
Financials view
Market Capitalization
71.33MGBP96.33M · vs all stocks (USD)
Trailing P/E
37.17xvs Marine Shipping peers
Revenue (TTM)
135.61MGBP183.15M · vs all stocks (USD)
Profit Margin
1.68%vs Marine Shipping peers
Beta
0.5040xvs all stocks
52-Week Change
-8.23%vs all stocks
Forward Annual Dividend Yield
2.22%vs all stocks
Market Capitalization
71.33MGBP96.33M · vs all stocks (USD)
Enterprise Value
82.25MGBP111.08M · vs all stocks (USD)
Trailing P/E
37.17xvs Marine Shipping peers
Forward P/E
6.91xvs Marine Shipping peers
Price to Sales (TTM)
0.5260xvs Marine Shipping peers
Price to Book (MRQ)
0.8660xvs Marine Shipping peers
Enterprise to Revenue
0.6070xvs Marine Shipping peers
Enterprise to EBITDA
4.73xvs Marine Shipping peers
Profit Margin
1.68%vs Marine Shipping peers
Operating Margin
10.80%vs Marine Shipping peers
Return on Assets (TTM)
5.34%vs Marine Shipping peers
Return on Equity (TTM)
2.73%vs Marine Shipping peers
Revenue (TTM)
135.61MGBP183.15M · vs all stocks (USD)
Revenue per Share (TTM)
4.31GBPUpdated Jul 26, 2026Quarterly Revenue Growth
8.70%vs Marine Shipping peers
Gross Profit (TTM)
14.26MGBP19.26M · vs all stocks (USD)
EBITDA (TTM)
18.62MGBP25.15M · vs all stocks (USD)
Net Income (TTM)
2.28MGBP3.08M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-47.90%vs Marine Shipping peers
Operating Cash Flow (TTM)
12.11MGBP16.36M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
11.44MGBP15.45M · vs all stocks (USD)
Forward Annual Dividend Rate
0.0500GBPUpdated Jul 26, 2026Forward Annual Dividend Yield
2.22%vs all stocks
Trailing Annual Dividend Rate
0.0500GBPUpdated Jul 26, 2026Trailing Annual Dividend Yield
2.22%vs all stocks
5-Year Average Dividend Yield
3.46%vs all stocks
Payout Ratio
78.62%vs Marine Shipping peers
Revenue
141.86MGBPFY2025 · Feb 28, 2025Operating Income
17.77MGBP24.00M · vs all stocks (USD)
Pre-tax Income
9.22MGBPFY2025 · Feb 28, 2025Income Tax Expense
3.12MGBPFY2025 · Feb 28, 2025Net Income
6.10MGBPFY2025 · Feb 28, 2025EBIT
11.94MGBPFY2025 · Feb 28, 2025EBITDA (Income Statement)
22.14MGBPFY2025 · Feb 28, 2025Other Operating Expenses
124.09MGBPFY2025 · Feb 28, 2025Non-operating Interest Income
507.00KGBPFY2025 · Feb 28, 2025Non-operating Interest Expense
2.72MGBPFY2025 · Feb 28, 2025EPS (Basic)
0.1941GBPFY2025 · Feb 28, 2025EPS (Diluted)
0.1658GBPFY2025 · Feb 28, 2025Basic Shares Outstanding
31.44MSharesFY2025 · Feb 28, 2025Diluted Shares Outstanding
31.44MSharesFY2025 · Feb 28, 2025Preferred Stock Dividends
0.00GBPFY2025 · Feb 28, 2025Operating Cash Flow
14.84MGBPFY2025 · Feb 28, 2025Free Cash Flow
14.23MGBPFY2025 · Feb 28, 2025Cash & Cash Equivalents (End of Period)
20.48MGBPFY2025 · Feb 28, 2025Starting Profit (CF Statement)
9.22MGBPFY2025 · Feb 28, 2025Stock-based Compensation
5.56MGBPFY2025 · Feb 28, 2025Other Non-cash Items
2.21MGBPFY2025 · Feb 28, 2025Change in Accounts Receivable (CF)
-2.15MGBPFY2025 · Feb 28, 2025Capital Expenditures
-615.00KGBPFY2025 · Feb 28, 2025Net Intangibles (CF)
0.00GBPFY2025 · Feb 28, 2025Net Acquisitions
1.67MGBPFY2025 · Feb 28, 2025Other Investing Activity
240.00KGBPFY2025 · Feb 28, 2025Net Investing Cash Flow
1.29MGBPFY2025 · Feb 28, 2025Long-term Debt Issuance
0.00GBPFY2025 · Feb 28, 2025Long-term Debt Payments
-4.58MGBPFY2025 · Feb 28, 2025Common Stock Repurchase
-2.38MGBPFY2025 · Feb 28, 2025Common Dividends Paid
-5.50MGBPFY2025 · Feb 28, 2025Net Financing Cash Flow
-11.94MGBPFY2025 · Feb 28, 2025Shares Outstanding
31.99MSharesUpdated Jul 26, 2026Float Shares
26.04MSharesUpdated Jul 26, 2026% Held by Insiders
24.85%vs all stocks
% Held by Institutions
17.96%vs all stocks
Total Cash (MRQ)
23.36MGBP31.55M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.7300GBPUpdated Jul 26, 2026Total Debt (MRQ)
34.28MGBP46.30M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.4163xvs Marine Shipping peers
Current Ratio (MRQ)
1.66xvs Marine Shipping peers
Book Value per Share (MRQ)
2.58GBPUpdated Jul 26, 2026Total Assets
157.42MGBP212.60M · vs all stocks (USD)
Total Current Assets
63.11MGBPFY2025 · Feb 28, 2025Total Liabilities
73.26MGBPFY2025 · Feb 28, 2025Total Non-current Assets
94.31MGBPFY2025 · Feb 28, 2025Total Non-current Liabilities
31.45MGBPFY2025 · Feb 28, 2025Total Current Liabilities
41.82MGBPFY2025 · Feb 28, 2025Cash
20.48MGBPFY2025 · Feb 28, 2025Cash & Cash Equivalents
20.48MGBPFY2025 · Feb 28, 2025Accounts Receivable
25.44MGBPFY2025 · Feb 28, 2025Accounts Payable
3.65MGBPFY2025 · Feb 28, 2025Short-term Debt
5.13MGBPFY2025 · Feb 28, 2025Long-term Debt
29.45MGBPFY2025 · Feb 28, 2025Common Stock (Book)
3.29MGBPFY2025 · Feb 28, 2025Retained Earnings
77.76MGBPFY2025 · Feb 28, 2025Total Shareholders' Equity
84.16MGBP113.65M · vs all stocks (USD)
52-Week Low
203.11GBXUpdated Jul 26, 202652-Week High
260.00GBXUpdated Jul 26, 202652-Week Change
-8.23%vs all stocks
Beta
0.5040xvs all stocks
50-Day MA
235.65GBXUpdated Jul 26, 2026200-Day MA
226.60GBXUpdated Jul 26, 2026Avg 10-Day Volume
38.84KSharesUpdated Jul 26, 2026Avg 30-Day Volume
31.15KSharesUpdated Jul 26, 2026Diluted EPS (TTM)
0.0600GBPUpdated Jul 26, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Most companies in its industry are flow businesses; this one is an interface businessSignificant
Industry peers: 106Share on the common pattern %: 92.00
Supply Chain
Midstream position: 6 outgoing, 6 incoming connectionsNotable
Outgoing: 6.00Incoming: 6.00
High connectivity hub: 12 industry connectionsNotable
Total Connections: 12.00
Scale
Market cap is $96.33M, lower than 95% of all stocks globallySignificant
Market cap (USD): 96,334,385.837Global P5: 269,387,740.27
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