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Ricardo
(LSE:RCDO)
Ricardo (RCDO) vs. S&P 500 (SPY)
Ricardo Business Overview & Revenue Model
Ricardo Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 474.70M | 445.20M | 380.20M | 343.70M | 352.00M | Gross Profit |
| 134.60M | 121.70M | 125.00M | 108.00M | 113.20M | EBIT |
| 12.80M | 40.80M | 18.10M | 9.20M | -2.30M | EBITDA |
| 33.20M | 17.80M | 33.80M | 26.50M | 29.70M | Net Income Common Stockholders |
| 700.00K | -5.40M | 8.60M | 1.70M | -6.50M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 48.60M | 49.80M | 49.40M | 42.00M | 66.30M | Total Assets |
| 428.80M | 448.80M | 418.80M | 390.60M | 426.50M | Total Debt |
| 130.70M | 137.00M | 109.20M | 113.20M | 169.00M | Net Debt |
| 82.10M | 87.20M | 59.80M | 71.20M | 102.70M | Total Liabilities |
| 263.60M | 272.20M | 221.20M | 207.80M | 277.40M | Stockholders Equity |
| 164.70M | 176.20M | 197.40M | 182.60M | 148.60M |
| Cash Flow | Free Cash Flow | |||
| 14.60M | 3.50M | 29.50M | 12.50M | -7.50M | Operating Cash Flow |
| 25.90M | 14.10M | 43.60M | 25.90M | 23.70M | Investing Cash Flow |
| -8.00M | -22.80M | -23.90M | -18.30M | -32.70M | Financing Cash Flow |
| -10.80M | 8.80M | -11.70M | -32.40M | 32.00M |
Ricardo Technical Analysis
Ricardo Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £362.57M | 9.48 | 35.97% | 4.06% | 22.39% | 179.53% | |
74 Outperform | £3.51B | 18.57 | 44.03% | 0.76% | 3.34% | 481.76% | |
62 Neutral | $8.16B | 12.85 | 0.64% | 3.04% | 3.83% | -15.83% | |
53 Neutral | £134.97M | 205.36 | -5.28% | 5.77% | -8.12% | -794.85% |
Ricardo Corporate Events
Ricardo PLC announced the purchase of 295 shares under its Share Incentive Plan (SIP) for several key managerial personnel. This transaction, conducted on the London Stock Exchange, reflects the company’s commitment to aligning managerial interests with shareholder value, potentially impacting its market positioning and stakeholder relations.
Ricardo PLC has announced that Science Group plc has increased its voting rights in the company from 12.009165% to 14.183925% as of March 11, 2025. This acquisition of voting rights could potentially influence Ricardo’s strategic decisions and impact its market positioning, reflecting a significant interest from Science Group plc in Ricardo’s operations.
Ricardo PLC has announced a change in its voting rights structure following an acquisition by Science Group plc, which now holds 12.009165% of the voting rights in Ricardo. This acquisition marks a slight increase from a previous position of 11.672844%, potentially impacting Ricardo’s governance and strategic decisions as Science Group plc strengthens its influence within the company.
Ricardo PLC has announced a change in its major holdings, with Briarwood Chase Management LLC reducing its voting rights from 5.419% to 2.156%. This adjustment in holdings could influence Ricardo’s shareholder dynamics and potentially impact its strategic decisions, reflecting shifts in investor confidence or strategy.
Ricardo plc has reported strategic progress despite market challenges, highlighted by the acquisition of E3 Advisory and the sale of Ricardo Defense. These moves align with its strategy to focus on environmental and energy solutions, resulting in a solid improvement in operating profit and a reduction in net debt. The company has faced market headwinds impacting order timing, but remains confident in its mid-term growth prospects by diversifying into industrial segments and maintaining a focus on cost control and operational efficiency.
Ricardo PLC has announced a significant change in its shareholder structure, with Science Group plc acquiring a notable percentage of voting rights, now holding 11.67%. This acquisition marks a strategic move that could influence Ricardo’s future decisions and market positioning, potentially impacting stakeholders and the company’s operational dynamics.
Ricardo PLC has announced a change in its major holdings, with Science Group plc acquiring or disposing of voting rights, resulting in Science Group holding 8.46% of Ricardo’s voting rights. This change in holdings could influence Ricardo’s strategic decisions and market positioning, potentially impacting stakeholders and the company’s future operations.
Ricardo PLC, a company engaged in engineering and consulting services, announced the purchase of 296 shares under its Share Incentive Plan by managerial staff. This transaction, occurring on February 10, 2025, involved deductions from the participants’ salaries, indicating a structured approach to employee investment in the company. By facilitating managerial investment in company shares, Ricardo PLC aligns management interests with shareholder value, potentially enhancing its market positioning and demonstrating confidence in its strategic direction.
Ricardo PLC has announced a change in major holdings, with Aberforth Partners LLP now holding 11.12% of voting rights in the company, up from a previous 5.76%. This increase in shareholding by Aberforth Partners LLP signifies a significant shift in stakeholder dynamics, potentially impacting the company’s decision-making process and influencing its market positioning.
Ricardo PLC has announced a notification regarding a change in major holdings, specifically involving Aviva PLC in the acquisition or disposal of voting rights and financial instruments. This notification, triggered by a shift in direct interest levels, highlights a reduction in Aviva’s voting rights in Ricardo PLC from above 3% to below 3%, potentially impacting the company’s shareholder dynamics and voting power distribution.
Ricardo Plc announced that Carol Borg, currently serving as a Non-Executive Director and Audit Chair, will take on a new role as the Group Chief Financial Officer at AMADEUS IT GROUP, S.A., an IBEX 35 company listed on the Spanish Stock Exchange. Despite her new appointment, Borg will continue her responsibilities at Ricardo, highlighting her dual commitment and potentially strengthening Ricardo’s industry connections.
Ricardo PLC has announced a significant change in its shareholder voting rights, as abrdn plc’s affiliated investment management entities have reduced their voting rights below the 5% threshold due to trading activities on January 30, 2025. This adjustment in voting rights reflects changes in the company’s shareholder structure, potentially impacting Ricardo’s governance dynamics and signaling shifts in investor confidence or strategic interests.
Ricardo has announced its trading update ahead of the half-year results. The company has made strategic moves by acquiring Australia’s E3 Advisory and disposing of its Defense business, aligning with its focus on energy and environmental solutions. While these transformations position Ricardo for long-term growth, short-term challenges include delays in orders affecting revenue and profit. However, the company has seen a 10% rise in order intake and expects continued growth in its Energy and Environment sector. Despite facing short-term headwinds, Ricardo remains optimistic about its medium-term growth prospects, driven by strategic contract wins and a transformative focus on sustainability.
Ricardo PLC has announced that it purchased a total of 142 shares for some of its key managerial personnel as part of its Share Incentive Plan. This move reflects the company’s commitment to aligning the interests of its executives with those of shareholders, potentially strengthening stakeholder confidence in the company’s management and future direction.
Ricardo PLC has experienced a change in the nature of its shares, specifically with shares being loaned out, which has resulted in a slight decrease in the percentage of direct voting rights from 3.01% to 2.94%. This notification, prompted by the change at the direct interest level, indicates that Aviva PLC maintains a total of 3.52% of voting rights through various controlled undertakings, potentially impacting stakeholder perceptions and investment strategies.
Ricardo PLC has announced a change in its board of directors, with Malin Persson retiring as a Non-Executive Director at the end of January 2025 after nine years of service. In her place, Russell King has been appointed as the Senior Independent Director, and Sian Lloyd Rees will take on the role of Responsible Business Committee Chair effective February 1, 2025. The company expresses gratitude for Persson’s significant contributions during a transformative period for Ricardo and her efforts in establishing the Responsible Business Committee.
Ricardo PLC has issued a notification regarding a change in major holdings, as Aviva PLC has adjusted its voting rights, crossing a 3% threshold. This adjustment signifies a shift in Aviva’s direct interest and may influence the company’s governance and strategic decisions, reflecting Aviva’s continued involvement in Ricardo’s shareholder structure.
Ricardo plc has completed the acquisition of E3 Advisory, an Australian firm specializing in infrastructure advisory services across transport, clean energy, water, and mining. This acquisition enhances Ricardo’s strategic advisory capabilities and expands its operations in the APAC region, positioning the company as a leader in environmental and energy solutions.
Ricardo Plc, a company known for its involvement in various industries, has announced a change in its board of directors. Tim Farazmand, a Non-Executive Director who joined Ricardo Plc in November 2024, will now also serve as a Non-Executive Director at Pantheon International Plc starting January 2025. This move is supported by Ricardo’s Chairman, Mark Clare, as part of expanding Farazmand’s non-executive roles. This change could potentially impact Ricardo’s governance and strategic direction, reflecting an openness to broader industry collaborations.
Ricardo PLC has announced a change in the nature of its shareholding, with shares being loaned out, as notified by Aviva PLC, a major shareholder. This adjustment in shareholdings, which has seen Aviva’s voting rights slightly decrease, reflects a significant shift in the company’s stock management strategy, potentially impacting its governance and shareholder dynamics.
Ricardo PLC, a UK issuer, has announced a change in the nature of its shares due to the return of loaned-out shares. As a result, Aviva PLC, in its notification obligation, has updated its voting rights position with Ricardo, showing a direct voting rights percentage of 3.01% and a total of 3.52% when including financial instruments. This announcement signifies a minor adjustment in the direct interest level, reflecting Aviva’s steady stake in Ricardo, which could have implications for shareholder dynamics and voting power within the company.
Ricardo PLC, a UK-based engineering and environmental consultancy company, announced a change in the nature of its shareholding as Aviva PLC has loaned out shares, altering its direct interest level from 3% to below 3%. This modification in shareholding does not affect the overall percentage of voting rights, which remains at 3.52% for Aviva PLC and its controlled undertakings. The announcement reflects a strategic adjustment in Aviva’s share management, which may have implications for its future voting influence within Ricardo PLC.
Ricardo plc has completed the sale of Ricardo Defense Inc. to Proteus Enterprises LLC and Gladstone Investment Corporation for $85 million. This strategic move allows Ricardo to focus on its core consulting services, particularly in environmental and energy-transition sectors, while utilizing the proceeds to fund the acquisition of E3 Advisory, an Australian infrastructure advisory firm.
Ricardo PLC has been notified of a change in major shareholdings, specifically from Briarwood Chase Management LLC, which is headquartered in New York. The notification indicates that Briarwood Chase Management LLC now holds 5.419% of the voting rights in Ricardo PLC, totaling 3,371,600 shares. This change reflects a significant position in the company, potentially influencing future corporate decisions and strategies.
Ricardo PLC announced the acquisition of 150 shares under its Share Incentive Plan by Persons Discharging Managerial Responsibilities, with the shares purchased using deductions from their gross salaries. This initiative reflects the company’s commitment to aligning managerial interests with shareholder value and could positively impact employee engagement and retention, reinforcing Ricardo’s position in the market.
Ricardo PLC has announced a change in its major holdings, as Aviva PLC has adjusted its voting rights in the company. Aviva PLC’s direct interest in Ricardo’s voting rights shifted slightly from below 3% to precisely 3%, indicating a minor adjustment in financial instruments and shares. This notification reflects Aviva’s strategic management of its investment portfolio, potentially impacting its influence on Ricardo’s corporate decisions and aligning its voting position with its investment strategy.
Ricardo PLC, a company listed on the London Stock Exchange, announced that key executives, CEO Graham Ritchie and CFO Judith Cottrell, have purchased a total of 22,083 ordinary shares. This transaction signals confidence from the company’s leadership in its market performance, with Ritchie and Cottrell holding approximately 0.107% and 0.043% of the company’s issued share capital, respectively.
Ricardo PLC has announced the acquisition of an 85% stake in E3 Advisory, an Australian infrastructure advisory firm, for AUD $101.4 million, with plans to acquire the remaining 15% by 2028. This acquisition aligns with Ricardo’s strategic goal to enhance its portfolio in environmental and energy transition solutions, significantly expanding its consulting capabilities in Australia, particularly in the transport, infrastructure, clean energy, water, and mining sectors. The deal is expected to accelerate Ricardo’s portfolio transformation to a high-growth, high-margin business. The acquisition will be funded by the proceeds from the sale of Ricardo Defense, marking a decisive step in the company’s strategic shift towards its core consulting capabilities.
Ricardo PLC has announced the sale of its Ricardo Defense Business to Proteus Enterprises LLC and Gladstone Investment Corporation for $85 million. This move aligns with Ricardo’s strategy to focus on high-growth, high-margin sectors by transitioning towards a portfolio centered around environmental and energy solutions. Despite a temporary dip in earnings per share due to the divestment, the acquisition of E3 Advisory is expected to mitigate this impact and support long-term sustainable growth. The sale reflects Ricardo’s commitment to optimizing its portfolio and enhancing its position as a leader in sustainability-related consultancy services.