What the company actually pays, and whether its own cash supports it.
Dividends view
Yield
2.04%Above 5Y avg (1.93%)
Annual Rate
GBP 0.24Paid semi-annual
Payout Ratio
32.8%Sustainable
Payback Period
67.4 yr
Last Ex-Dividend
Aug 20, 2026
The reported statements, read against the company's own industry.
As of FY2025 (year ended April 30, 2025). Newer annual figures aren't yet on file.
Financials view
Market Capitalization
540.01MGBP
721.40M · vs all stocks (USD)
Updated Sep 23, 2026
Trailing P/E
23.10x
vs Aerospace & Defense peers
Updated Sep 23, 2026
Revenue (TTM)
306.39MGBP
409.30M · vs all stocks (USD)
Updated Sep 23, 2026
Profit Margin
7.80%
vs Aerospace & Defense peers
Updated Sep 23, 2026
Beta
0.3390x
vs all stocks
Updated Sep 23, 2026
52-Week Change
-15.01%
vs all stocks
Updated Sep 23, 2026
Forward Annual Dividend Yield
2.04%
vs all stocks
Updated Sep 23, 2026
Market Capitalization
540.01MGBP
721.40M · vs all stocks (USD)
Updated Sep 23, 2026
Enterprise Value
561.41MGBP
749.99M · vs all stocks (USD)
Updated Sep 23, 2026
Trailing P/E
23.10x
vs Aerospace & Defense peers
Updated Sep 23, 2026
Forward P/E
15.50x
vs Aerospace & Defense peers
Updated Sep 23, 2026
Price to Sales (TTM)
1.76x
vs Aerospace & Defense peers
Updated Sep 23, 2026
Price to Book (MRQ)
2.91x
vs Aerospace & Defense peers
Updated Sep 23, 2026
Enterprise to Revenue
1.83x
vs Aerospace & Defense peers
Updated Sep 23, 2026
Enterprise to EBITDA
12.62x
vs Aerospace & Defense peers
Provider-reported. Enterprise Value ÷ EBITDA (TTM) on this page gives 11.74×.Updated Sep 23, 2026
Profit Margin
7.80%
vs Aerospace & Defense peers
Updated Sep 23, 2026
Operating Margin
14.95%
vs Aerospace & Defense peers
Updated Sep 23, 2026
Return on Assets (TTM)
5.16%
vs Aerospace & Defense peers
Updated Sep 23, 2026
Return on Equity (TTM)
13.94%
vs Aerospace & Defense peers
Updated Sep 23, 2026
Revenue (TTM)
306.39MGBP
409.30M · vs all stocks (USD)
Updated Sep 23, 2026
Revenue per Share (TTM)
6.69GBPUpdated Sep 23, 2026
Quarterly Revenue Growth
17.00%
vs Aerospace & Defense peers
Updated Sep 23, 2026
Gross Profit (TTM)
104.34MGBP
139.39M · vs all stocks (USD)
Updated Sep 23, 2026
EBITDA (TTM)
47.81MGBP
63.88M · vs all stocks (USD)
Updated Sep 23, 2026
Net Income (TTM)
23.90MGBP
31.93M · vs all stocks (USD)
Updated Sep 23, 2026
Quarterly Earnings Growth (YoY)
46.50%
vs Aerospace & Defense peers
Updated Sep 23, 2026
Operating Cash Flow (TTM)
11.29MGBP
15.08M · vs all stocks (USD)
Updated Sep 23, 2026
Levered Free Cash Flow (TTM)
-7.39MGBP
-9.87M · vs all stocks (USD)
Updated Sep 23, 2026
Forward Annual Dividend Rate
0.2420GBPUpdated Sep 23, 2026
Forward Annual Dividend Yield
2.04%
vs all stocks
Updated Sep 23, 2026
Trailing Annual Dividend Rate
0.1790GBPUpdated Sep 23, 2026
Trailing Annual Dividend Yield
1.51%
vs all stocks
Updated Sep 23, 2026
5-Year Average Dividend Yield
1.93%
vs all stocks
Updated Sep 23, 2026
Payout Ratio
32.85%
vs Aerospace & Defense peers
Provider-reported. Trailing Annual Dividend Rate ÷ Diluted EPS (TTM) on this page gives 35.1%.Updated Sep 23, 2026
Minority Interest (Equity)
1.49MGBPFY2025 · Apr 30, 2025
Revenue
270.04MGBPFY2025 · Apr 30, 2025
Cost of Goods Sold
179.62MGBPFY2025 · Apr 30, 2025
Gross Profit
90.42MGBPFY2025 · Apr 30, 2025
Operating Income
27.84MGBP
37.19M · vs all stocks (USD)
FY2025 · Apr 30, 2025
Pre-tax Income
25.63MGBPFY2025 · Apr 30, 2025
Income Tax Expense
6.01MGBPFY2025 · Apr 30, 2025
Net Income
19.62MGBPFY2025 · Apr 30, 2025
EBIT
27.07MGBPFY2025 · Apr 30, 2025
EBITDA (Income Statement)
37.30MGBPFY2025 · Apr 30, 2025
Selling, General & Administrative
59.56MGBPFY2025 · Apr 30, 2025
Non-operating Interest Income
1.13MGBPFY2025 · Apr 30, 2025
Non-operating Interest Expense
1.44MGBPFY2025 · Apr 30, 2025
EPS (Basic)
0.4507GBPFY2025 · Apr 30, 2025
EPS (Diluted)
0.4425GBPFY2025 · Apr 30, 2025
Basic Shares Outstanding
42.71MSharesFY2025 · Apr 30, 2025
Diluted Shares Outstanding
42.71MSharesFY2025 · Apr 30, 2025
Net Income from Continuing Operations
19.62MGBPFY2025 · Apr 30, 2025
Minority Interests (P&L)
-371.00KGBPFY2025 · Apr 30, 2025
Preferred Stock Dividends
0.00GBPFY2025 · Apr 30, 2025
Operating Cash Flow
4.81MGBPFY2025 · Apr 30, 2025
Free Cash Flow
-8.37MGBPFY2025 · Apr 30, 2025
Cash & Cash Equivalents (End of Period)
38.51MGBPFY2025 · Apr 30, 2025
Starting Profit (CF Statement)
19.62MGBPFY2025 · Apr 30, 2025
Stock-based Compensation
698.00KGBPFY2025 · Apr 30, 2025
Other Non-cash Items
474.00KGBPFY2025 · Apr 30, 2025
Change in Accounts Receivable (CF)
-8.85MGBPFY2025 · Apr 30, 2025
Change in Other Assets/Liabilities
-7.13MGBPFY2025 · Apr 30, 2025
Capital Expenditures
-13.18MGBPFY2025 · Apr 30, 2025
Net Acquisitions
-81.59MGBPFY2025 · Apr 30, 2025
Net Investing Cash Flow
-94.77MGBPFY2025 · Apr 30, 2025
Long-term Debt Issuance
16.78MGBPFY2025 · Apr 30, 2025
Long-term Debt Payments
0.00GBPFY2025 · Apr 30, 2025
Common Stock Repurchase
-4.00MGBPFY2025 · Apr 30, 2025
Common Dividends Paid
-6.48MGBPFY2025 · Apr 30, 2025
Net Financing Cash Flow
48.50MGBPFY2025 · Apr 30, 2025
Shares Outstanding
45.81MSharesUpdated Sep 23, 2026
Float Shares
31.24MSharesUpdated Sep 23, 2026
% Held by Insiders
24.27%
vs all stocks
Updated Sep 23, 2026
% Held by Institutions
46.02%
vs all stocks
Updated Sep 23, 2026
Total Cash (MRQ)
49.58MGBP
66.24M · vs all stocks (USD)
Updated Sep 23, 2026
Total Cash per Share (MRQ)
1.08GBPUpdated Sep 23, 2026
Total Debt (MRQ)
56.31MGBP
75.23M · vs all stocks (USD)
Updated Sep 23, 2026
Total Debt to Equity (MRQ)
0.2992x
vs Aerospace & Defense peers
Updated Sep 23, 2026
Current Ratio (MRQ)
1.43x
vs Aerospace & Defense peers
Updated Sep 23, 2026
Book Value per Share (MRQ)
4.05GBPUpdated Sep 23, 2026
Total Assets
396.58MGBP
529.79M · vs all stocks (USD)
FY2025 · Apr 30, 2025
Total Current Assets
222.25MGBPFY2025 · Apr 30, 2025
Total Liabilities
236.49MGBPFY2025 · Apr 30, 2025
Total Non-current Assets
174.33MGBPFY2025 · Apr 30, 2025
Total Non-current Liabilities
60.27MGBPFY2025 · Apr 30, 2025
Total Current Liabilities
176.22MGBPFY2025 · Apr 30, 2025
Cash
74.65MGBPFY2025 · Apr 30, 2025
Cash & Cash Equivalents
74.65MGBPFY2025 · Apr 30, 2025
Accounts Receivable
36.67MGBPFY2025 · Apr 30, 2025
Inventory
52.08MGBPFY2025 · Apr 30, 2025
Accounts Payable
23.13MGBPFY2025 · Apr 30, 2025
Short-term Debt
39.30MGBPFY2025 · Apr 30, 2025
Long-term Debt
39.58MGBPFY2025 · Apr 30, 2025
Common Stock (Book)
4.67MGBPFY2025 · Apr 30, 2025
Retained Earnings
83.73MGBPFY2025 · Apr 30, 2025
Total Shareholders' Equity
160.09MGBP
213.87M · vs all stocks (USD)
FY2025 · Apr 30, 2025
Treasury Stock
7.41MGBPFY2025 · Apr 30, 2025
52-Week Low
881.10GBXUpdated Sep 23, 2026
52-Week High
1.54KGBXUpdated Sep 23, 2026
52-Week Change
-15.01%
vs all stocks
Updated Sep 23, 2026
Beta
0.3390x
vs all stocks
Updated Sep 23, 2026
50-Day MA
1.25KGBXUpdated Sep 23, 2026
200-Day MA
1.22KGBXUpdated Sep 23, 2026
Avg 10-Day Volume
92.61KSharesUpdated Sep 23, 2026
Avg 30-Day Volume
124.35KSharesUpdated Sep 23, 2026
Diluted EPS (TTM)
0.5100GBPUpdated Sep 23, 2026
1 interpretation currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.