Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 107.28M | 112.09M | 114.77M | 109.11M | 95.08M |
Gross Profit | 39.95M | 41.26M | 39.94M | 37.44M | 31.50M |
EBITDA | -20.86M | -6.08M | -468.00K | 8.28M | 2.47M |
Net Income | -26.41M | -12.98M | -6.25M | 2.14M | -2.17M |
Balance Sheet | |||||
Total Assets | 86.02M | 117.02M | 130.41M | 138.63M | 133.26M |
Cash, Cash Equivalents and Short-Term Investments | 1.84M | 5.18M | 3.97M | 4.56M | 9.23M |
Total Debt | 22.35M | 25.43M | 26.68M | 27.07M | 27.62M |
Total Liabilities | 44.41M | 49.62M | 49.07M | 50.63M | 47.26M |
Stockholders Equity | 41.60M | 67.40M | 81.34M | 88.00M | 86.01M |
Cash Flow | |||||
Free Cash Flow | 2.43M | 5.99M | 2.23M | -3.09M | 7.83M |
Operating Cash Flow | 3.98M | 8.20M | 4.09M | -988.00K | 9.48M |
Investing Cash Flow | -5.81M | -2.08M | -1.79M | -1.58M | -1.93M |
Financing Cash Flow | -1.50M | -4.89M | -2.96M | -2.02M | -1.81M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
71 Outperform | £15.84M | 9.47 | 10.33% | 101.67% | 1.64% | 0.26% | |
70 Outperform | £196.51M | 29.90 | 3.43% | 5.57% | -8.13% | -71.44% | |
70 Neutral | £15.84M | 5.68 | 10.33% | 1.69% | 1.64% | 0.26% | |
70 Neutral | £75.62M | ― | -4.13% | 1.85% | -5.60% | -238.37% | |
67 Neutral | £2.71B | 11.98 | 4.22% | 3.38% | 2.19% | -20.98% | |
52 Neutral | £38.73M | ― | -48.45% | 3.36% | -4.29% | -97.73% | |
50 Neutral | £165.42M | ― | -23.81% | ― | -5.41% | -11.73% |
Flowtech Fluidpower plc reported a trading update for the first half of 2025, showing revenue growth of 2.1% compared to H1 2024 despite challenging market conditions. The company achieved improvements in gross margins and cost control, offsetting industrial market headwinds. Recent acquisitions like Thorite, Allswage, and Thomas Group have contributed positively, with a strengthened sales pipeline and new strategic supplier agreements expected to drive growth in the second half of 2025. The company is also advancing its digital strategy with new e-commerce platforms, aiming to enhance its market position.
Flowtech Fluidpower plc has announced significant business developments, including securing a €4.5 million contract for the Narrow Water Bridge project, which will enhance connectivity between the Republic of Ireland and Northern Ireland. The project, set to begin in Q3 2025, involves collaboration with several partners and is funded by the Government’s Shared Island Fund. Additionally, Flowtech has formed a joint venture with SMC Corporation, becoming the first UK wholesale distributor for SMC’s fluid control and automation technologies, which will improve service and supply for UK industries. Furthermore, Flowtech’s trading business, Thorite, has renewed its partnership with HPC Compressed Air Systems, enhancing its service capabilities and market positioning.
Flowtech Fluidpower has secured a €4.5 million contract to upgrade the Rice Bridge in Waterford City, Ireland. The project, which involves updating the bridge’s outdated mechanical and electrical systems, is crucial for maintaining the infrastructure that supports local commerce and transportation networks. The work will span over 15 months, with an additional 12 months for addressing any issues, and is funded under the Strategic Grant category aimed at improving local and regional roads.
Flowtech Fluidpower PLC successfully held its Annual General Meeting (AGM) on 17 June 2025, where all resolutions were passed, including the reappointment of directors and auditors. A notable point was the limited opposition to the resolution allowing directors to issue shares, prompting the board to engage with shareholders for further dialogue. This AGM outcome reflects the company’s commitment to maintaining shareholder relations and adhering to corporate governance standards.
Flowtech Fluidpower plc announced a correction to the timing of its 2025 Annual General Meeting, now scheduled for 10.00 am on 17 June 2025 at their headquarters. The company has made its 2024 Annual Report and AGM notice available to shareholders, offering online access to the AGM proceedings while encouraging proxy voting and pre-submitted questions.
Flowtech Fluidpower plc has announced the availability and distribution of its 2024 Annual Report and the notice for its 2025 Annual General Meeting (AGM). The AGM is scheduled for June 17, 2025, at the company’s headquarters, with online access provided for remote shareholders. Shareholders are encouraged to submit votes via proxy and can engage with the board by submitting questions before or during the AGM. This announcement underscores Flowtech’s commitment to transparency and shareholder engagement, potentially reinforcing its market position and stakeholder relations.
Flowtech Fluidpower has announced the acquisition of Thomas Group, a Kent-based service provider and global distributor for major OEMs in the automotive and transportation sectors. This acquisition, along with the earlier acquisition of Allswage and the successful integration of Thorite, aligns with Flowtech’s strategy to expand its market reach and enhance its product and service offerings. The acquisition of Thomas Group is expected to quickly build on its existing revenue base and contribute to Flowtech’s profitability, demonstrating the company’s ability to capitalize on strategic opportunities and drive shareholder value.