Manolete Partners Plc (MANO) AI Stock Analysis

• Market Cap: £24.32M
• Dividend Yield: N/A
• Average Volume (3M): 69.22K
• Price to Earnings (P/E): 39.0
• Beta (1Y): 0.26
• Revenue Growth: -4.67%
• EPS Growth: 590.48%
• Country: UK
• Employees: 29
• Sector: Industrials
• Sector Strength: 72
• Industry: Consulting Services
• EPS (TTM): -0.01
• Shares Outstanding: 43,810,966
• 10 Day Avg. Volume: 39,286
• 30 Day Avg. Volume: 69,223
• PEG Ratio: -11.38
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 1.11
• P/FCF Ratio: 13.33
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £130.00
• Price Target Upside: 130.09% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: 57.00p ▲(0.88% Upside)

Score is held back primarily by uneven fundamentals (volatile profitability and weak cash conversion) and a bearish technical setup with the stock trading well below major moving averages. A high P/E further limits valuation support, while the latest earnings call provides a partial offset via improving cash balance and lower net debt despite weaker revenue/EBIT and portfolio write-downs.

Positive Factors

Revenue Growth

The 17% revenue growth indicates strong market demand and effective claim management, reinforcing the company's competitive position in insolvency litigation financing.

Improved Credit Facility

The improved credit facility with HSBC enhances financial stability and provides flexibility for future growth, supporting long-term strategic initiatives.

Strong Balance Sheet

A strong balance sheet with low leverage and a high equity ratio provides financial resilience, enabling the company to withstand economic fluctuations and invest in growth opportunities.

Negative Factors

Cash Flow Challenges

Negative cash flow indicates difficulties in converting profits to cash, which could constrain operational flexibility and investment capacity, impacting long-term sustainability.

Leadership Changes

The departure of the CFO and interim appointment may disrupt strategic continuity and investor confidence, potentially affecting financial management and long-term planning.

Inconsistent Profitability

Weak net profit margins despite strong gross margins highlight challenges in cost management and operational efficiency, potentially limiting future profitability and growth.

Manolete Partners Plc Business Overview & Revenue Model

Company Description

Manolete Partners Plc operates as an insolvency litigation financing company in the United Kingdom. The company engages in the acquisition and funding of insolvency litigation cases. Manolete Partners Plc was founded in 2009 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Manolete Partners Plc generates revenue primarily through the acquisition and funding of insolvency-related claims. The company purchases claims from insolvent estates or finances them, taking on the risk of litigation in exchange for a share of any successful recoveries. This business model allows Manolete to profit from the difference between the cost of acquiring or funding claims and the amounts recovered through litigation or settlement. Key factors contributing to its earnings include its ability to assess the value and viability of claims, the efficiency of its litigation processes, and its relationships with insolvency practitioners who provide a steady pipeline of potential cases.

Manolete Partners Plc Financial Statement Overview

Summary

Manolete Partners Plc displays moderate financial health with solid balance sheet metrics but faces challenges in cash flow and profitability. Strong balance sheet with low leverage is offset by negative cash flow and inconsistent revenue and profit growth.

Income Statement

The company shows a fluctuating revenue growth with recent years experiencing a decline. Gross profit margin is strong at 38.6% (2024), but net profit margin is weak at 3.5%. EBIT margin improved to 9.5% from negative in prior year, indicating better operational efficiency.

Balance Sheet

The balance sheet is healthy with a low debt-to-equity ratio of 0.34, indicating low leverage. The equity ratio at 56.3% reflects a strong equity position. Return on equity is modest at 2.3%, pointing to average profitability relative to equity.

Cash Flow

The company has experienced negative free cash flow in 2024, contrasting with positive cash flow in previous periods. Operating cash flow to net income is negative, suggesting challenges in converting profits to cash. This raises concerns over cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	28.42M	30.48M	26.30M	26.79M	15.24M	24.43M
Gross Profit	0.00	10.43M	10.14M	9.61M	4.99M	9.85M
EBITDA	2.40M	1.50M	0.00	-3.02M	4.85M	7.42M
Net Income	635.00K	893.00K	933.00K	-3.12M	3.68M	5.70M
Balance Sheet
Total Assets	71.93M	73.98M	71.87M	62.48M	68.44M	57.41M
Cash, Cash Equivalents and Short-Term Investments	31.21M	30.80M	30.36M	23.71M	35.78M	31.52M
Total Debt	11.88M	11.76M	13.73M	10.38M	13.38M	7.98M
Total Liabilities	30.89M	32.54M	31.39M	23.32M	26.22M	18.48M
Stockholders Equity	41.04M	41.44M	40.47M	39.16M	42.22M	38.93M
Cash Flow
Free Cash Flow	7.67M	2.53M	-1.39M	7.50M	2.88M	630.00K
Operating Cash Flow	7.67M	2.53M	-1.39M	7.50M	2.88M	630.00K
Investing Cash Flow	-6.51M	22.00K	16.00K	-5.81M	-6.47M	-5.89M
Financing Cash Flow	-730.00K	-3.31M	2.19M	-3.32M	4.70M	-1.97M

Manolete Partners Plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 56.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MANO, the sentiment is Negative. The current price of 56.5 is below the 20-day moving average (MA) of 59.05, below the 50-day MA of 70.02, and below the 200-day MA of 82.95, indicating a bearish trend. The MACD of -4.10 indicates Negative momentum. The RSI at 36.63 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:MANO.

Manolete Partners Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KEYS	76 Outperform	£199.18M	20.85	56.75%	5.98%	16.29%	22.80%
ELIX	75 Outperform	£409.50M	21.97	15.29%	2.13%	32.67%	-1.61%
BEG	69 Neutral	£186.68M	18.84	12.60%	3.91%	8.31%	305.88%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KGH	61 Neutral	£158.75M	135.97	7.40%	2.75%	8.01%	-23.02%
GTLY	56 Neutral	£141.39M	31.02	5.86%	8.80%	6.04%	-24.55%
MANO	52 Neutral	£24.32M	38.97	1.56%	―	-4.67%	590.48%

Manolete Partners Plc Corporate Events

Manolete Awards Share Options to CEO and CFO Under Incentive Plan

Manolete Partners has granted nominal-cost share options to its senior leadership, including performance share awards of 200,000 shares each to Chief Executive Officer Philomena (Mena) Halton and Chief Financial Officer William Sawyer, and a 196,875-share restricted award to Halton recognising her recent promotion. The performance awards will vest after three years subject to earnings-per-share and share price hurdles, while most of Halton’s restricted shares are exercisable immediately with the balance vesting in 2026, underlining the company’s use of equity-based incentives to align management with shareholder value and support its leadership transition.

The most recent analyst rating on (GB:MANO) stock is a Buy with a £130.00 price target. To see the full list of analyst forecasts on Manolete Partners Plc stock, see the GB:MANO Stock Forecast page.

Manolete Chairman Transfers Shares to ISA

Manolete Partners Plc announced that its Chairman, Lord Leigh of Hurley, has transferred 65,000 ordinary shares into an ISA through a sale and repurchase transaction. This move reflects a strategic personal financial decision by a key company figure, which may have implications for shareholder perceptions and market confidence.

The most recent analyst rating on (GB:MANO) stock is a Buy with a £130.00 price target. To see the full list of analyst forecasts on Manolete Partners Plc stock, see the GB:MANO Stock Forecast page.

Manolete Partners Reports Decline in H1 FY26 Revenue Amid Record Case Completions

Manolete Partners Plc reported a decline in revenue and earnings for the first half of FY26, with total revenue down by 12% and EBIT significantly reduced due to fair value write-offs related to truck cartel cases. Despite these challenges, the company saw a record number of case completions and an increase in new case referrals, indicating strong future potential. The company remains optimistic about the second half of the year, expecting higher settlement values and continued growth in case referrals, driven by the buoyant UK insolvency market and increased activity in liquidations.

The most recent analyst rating on (GB:MANO) stock is a Buy with a £172.00 price target. To see the full list of analyst forecasts on Manolete Partners Plc stock, see the GB:MANO Stock Forecast page.

Manolete Partners to Announce Interim Results and Host Investor Presentations

Manolete Partners Plc announced it will release its unaudited interim results for the six months ending 30 September 2025 on 19 November 2025. The announcement will be followed by presentations for sellside analysts and retail investors, highlighting the company’s commitment to transparency and engagement with stakeholders.

The most recent analyst rating on (GB:MANO) stock is a Buy with a £172.00 price target. To see the full list of analyst forecasts on Manolete Partners Plc stock, see the GB:MANO Stock Forecast page.