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Reach plc
(LSE:RCH)
Reach plc (RCH) vs. iShares MSCI United Kingdom ETF (EWC)
Reach plc Business Overview & Revenue Model
Reach plc Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 538.60M | 568.60M | 601.40M | 615.80M | 600.20M | Gross Profit |
| 235.20M | 223.90M | 225.70M | 286.40M | 297.00M | EBIT |
| 74.20M | 46.10M | 105.90M | 128.70M | 131.30M | EBITDA |
| 90.60M | 61.40M | 87.90M | 93.70M | 29.00M | Net Income Common Stockholders |
| 53.60M | 21.50M | 52.30M | 2.90M | -26.70M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 22.70M | 19.90M | 40.40M | 65.70M | 42.00M | Total Assets |
| 1.21B | 1.22B | 1.26B | 1.34B | 1.27B | Total Debt |
| 62.30M | 63.20M | 46.70M | 36.20M | 41.60M | Net Debt |
| 41.50M | 43.30M | 6.30M | -29.50M | -400.00K | Total Liabilities |
| 530.90M | 582.10M | 621.50M | 703.70M | 707.20M | Stockholders Equity |
| 678.60M | 637.20M | 637.50M | 638.80M | 566.70M |
| Cash Flow | Free Cash Flow | |||
| 14.20M | -1.00M | 7.00M | 73.10M | 50.70M | Operating Cash Flow |
| 26.00M | 15.90M | 20.70M | 85.60M | 52.60M | Investing Cash Flow |
| 4.90M | -19.30M | -30.40M | -28.60M | -21.80M | Financing Cash Flow |
| -30.00M | -17.10M | -15.60M | -33.30M | -9.20M |
Reach plc Technical Analysis
Reach plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | £200.51M | 25.13 | 12.42% | ― | 26.41% | 49.81% | |
74 Outperform | £230.70M | 4.30 | 8.15% | 12.20% | -5.28% | 148.54% | |
71 Outperform | £220.60M | 17.50 | 33.95% | 1.10% | -12.89% | ― | |
63 Neutral | £152.39M | 8.84 | -14.10% | 4.73% | -6.63% | -177.14% | |
61 Neutral | $14.79B | 5.90 | -3.99% | 6.20% | 2.67% | -30.30% | |
60 Neutral | £47.82M | 9.61 | -24.72% | 7.27% | -5.93% | ― | |
57 Neutral | £85.77M | ― | -24.18% | ― | -1.82% | 67.47% |
Reach plc Corporate Events
At its recent Annual General Meeting, Reach plc successfully passed most of its proposed resolutions, including the re-election of several board members and the appointment of Piers North as the new Chief Executive Officer. The meeting also saw the withdrawal of a resolution related to the former CEO, Jim Mullen, who stepped down from his role. These changes are expected to influence the company’s strategic direction and leadership dynamics, potentially impacting its market positioning and stakeholder relationships.
Reach plc has announced an update regarding its total voting rights as of April 30, 2025. The company’s issued share capital consists of 322,085,269 ordinary shares, with 3,748,968 held in treasury. Consequently, the total number of voting rights available to shareholders is 318,336,301. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules.
Reach plc has announced a change in its major holdings, with Slater Investments reducing its voting rights from 5.02% to 4.93%. This adjustment reflects a minor shift in the ownership structure of Reach plc, potentially impacting its governance and decision-making processes. The change was officially recorded on April 24, 2025, and reported the following day, highlighting the dynamic nature of shareholder positions within the company.
Reach plc, a prominent player in the media industry, has announced a significant transaction involving its Chief Financial Officer, Darren Fisher. On April 10, 2025, Mr. Fisher exercised his Long Term Incentive Plan (LTIP) awards granted in June 2023, resulting in the sale of a portion of the vested shares to cover applicable withholding taxes and other deductions. This transaction, conducted outside a trading venue, highlights the company’s adherence to regulatory requirements under the Market Abuse Regulation and underscores its commitment to transparent financial practices.
Reach plc announced the granting of nil-cost options and restricted share awards to its directors under the Long Term Incentive Plan (LTIP) and Restricted Share Plan (RSP). These awards are designed to align the interests of the management with those of the shareholders by tying compensation to performance over a three-year period. The LTIP options will have a two-year post-vesting holding period, while the RSP shares are held in trust during the three-year vesting period, with additional shares potentially awarded to match any dividends paid during this time. This move is expected to strengthen the company’s governance and incentivize its leadership, potentially impacting its market positioning positively.
Reach plc announced that its Employee Benefit Trust (EBT) has acquired 414,174 ordinary shares to manage dilution from share plans, as previously communicated to shareholders. This strategic move supports employee share options and reflects the company’s ongoing commitment to employee benefits, potentially enhancing stakeholder confidence in its operational strategies.
Reach plc has issued a supplement to its Notice of Annual General Meeting 2025, announcing the appointment of Piers North as the new Chief Executive Officer and director. This change follows the immediate resignation of Jim Mullen from the board. The supplement includes an additional resolution for the appointment of a new director, which will be proposed at the AGM. Shareholders are advised to review the supplement for updated proxy voting instructions to ensure their votes are counted. The company will provide updates on any changes to the AGM arrangements via its website and a Regulatory News Service.
Reach plc has announced a leadership change with Jim Mullen stepping down as Chief Executive, to be succeeded by Piers North, the current Chief Revenue Officer. This transition follows a strong full-year performance and positions the company for future growth, emphasizing its digital evolution and commitment to impactful journalism.
Reach plc has announced its Annual General Meeting (AGM) will be held on May 1, 2025, at Deutsche Numis’ offices in London. The notice of the AGM is accessible on the company’s website, and shareholders who opted for paper communications will receive mailed copies. Any changes to the AGM arrangements will be communicated through the company’s website and a Regulatory News Service. This announcement ensures transparency and compliance with UK Financial Conduct Authority regulations, reinforcing Reach plc’s commitment to shareholder engagement and regulatory adherence.
Reach plc has published its 2024 Annual Report and Accounts, which are now available on its website and will be distributed to shareholders who opted for paper communications. The report has been submitted to the UK Financial Conduct Authority for public inspection, aligning with regulatory requirements. This release underscores the company’s commitment to transparency and regulatory compliance, potentially impacting its stakeholders by providing insights into its financial health and operational strategies.