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Naked Wines plc
(LSE:WINE)
Naked Wines plc (WINE) vs. iShares MSCI United Kingdom ETF (EWC)
Naked Wines plc Business Overview & Revenue Model
Naked Wines plc Earnings Call Summary
Naked Wines plc Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 227.46M | 250.22M | 290.41M | 354.05M | 350.26M | 202.91M |
| Gross Profit | 60.18M | 46.13M | 54.95M | 69.89M | 141.72M | 77.56M |
| EBITDA | 2.07M | -1.12M | -10.28M | -8.77M | 6.54M | 707.00K |
| Net Income | -1.52M | -4.90M | -20.84M | -17.41M | 2.38M | 8.15M |
Balance Sheet | ||||||
| Total Assets | 172.22M | 164.49M | 201.73M | 251.89M | 247.53M | 191.63M |
| Cash, Cash Equivalents and Short-Term Investments | 31.13M | 30.05M | 31.85M | 39.50M | 39.85M | 54.74M |
| Total Debt | 5.43M | 6.45M | 15.92M | 35.02M | 3.60M | 5.45M |
| Total Liabilities | 107.52M | 92.96M | 124.97M | 153.21M | 137.65M | 78.05M |
| Stockholders Equity | 64.70M | 71.53M | 76.77M | 98.68M | 109.88M | 113.58M |
Cash Flow | ||||||
| Free Cash Flow | 14.51M | 16.03M | 2.17M | -33.48M | -45.05M | 20.52M |
| Operating Cash Flow | 14.96M | 17.20M | 3.31M | -32.00M | -43.12M | 21.63M |
| Investing Cash Flow | -2.24M | -613.00K | 7.92M | 4.89M | -1.44M | 60.22M |
| Financing Cash Flow | -10.53M | -17.66M | -18.74M | 26.42M | -951.00K | -34.31M |
Naked Wines plc Technical Analysis
Naked Wines plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £29.80B | 7.58 | 13.57% | 3.25% | 1.05% | -20.25% | |
70 Outperform | £7.41B | 11.60 | 5.08% | 4.02% | 0.82% | 160.81% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
60 Neutral | £26.76M | -34.28 | 5.67% | ― | 0.03% | -5.67% | |
54 Neutral | £44.54M | -4.50 | -2.23% | ― | -15.87% | 90.20% | |
54 Neutral | £1.59B | 3.62 | 24.47% | ― | ― | ― | |
54 Neutral | £55.75M | -32.71 | -6.01% | ― | ― | ― |
Naked Wines plc Corporate Events
Naked Wines plc disclosed that Eschler Global Fund SPC – Colebrooke Opportunities Fund SP, a person closely associated with non-executive chair Jack Pailing, has acquired 38,000 ordinary shares in the company at £0.62 per share. Following this transaction, Pailing’s beneficial interest, including that of closely associated persons, rises to 1,011,843 ordinary shares, representing 1.50% of the company’s total voting rights, signalling increased alignment between board leadership and shareholders.
The additional share purchase modestly concentrates ownership in the hands of the chair and his associates, which may be interpreted by investors as a vote of confidence in Naked Wines’ strategy and long-term prospects. The deal, executed on 18 March 2026 on the London Stock Exchange’s AIM market, underscores continuing insider interest at a time when the company’s direct-to-consumer model and global footprint remain key to its competitive positioning in the wine retail sector.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has completed its previously announced £1 million share buyback programme, repurchasing a total of 1,339,000 ordinary shares at an average price of 74.60 pence. The final tranche, executed on 12 March 2026 via Panmure Liberum, saw 215,000 shares bought at 72.75 pence, marking the conclusion of the capital return initiative.
Following these purchases, Naked Wines now has 71,717,079 ordinary shares in issue, of which 4,105,665 are held in treasury, leaving 67,611,414 shares carrying voting rights. The reduced free float and consolidated equity base may marginally enhance earnings per share and adjust ownership percentages, and shareholders are reminded to use the updated voting rights figure when assessing disclosure thresholds under UK transparency rules.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc disclosed that Eschler Global Fund SPC – Colebrooke Opportunities Fund SP, a vehicle closely associated with non-executive chair Jack Pailing, has acquired 12,000 ordinary shares in the company. The purchase lifts Pailing’s beneficial interest, including associated holdings, to 973,843 shares, representing about 1.36% of the group’s issued share capital.
The transaction, executed on 9 March 2026 on the London Stock Exchange’s AIM market at a price of roughly £0.73 per share, signals further alignment between the chair’s associated interests and shareholders. While relatively small in absolute value, the incremental stake may be read by investors as a modest vote of confidence in Naked Wines’ strategy and its capital-light model of financing independent winemakers.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc, a direct-to-consumer online wine retailer and subscription wine club, funds independent winemakers upfront in exchange for exclusive supply, offering its UK, US and Australian Angel customers an extensive range of wines at fair prices. The business emphasises quality, choice and personalisation, leveraging its digital platform to disrupt traditional wine distribution and support over 300 winemakers globally.
The company has repurchased 150,000 ordinary shares at 75 pence each under its ongoing share buyback programme, executed through broker Panmure Liberum. Following this transaction, Naked Wines has 71,717,079 shares in issue, of which 3,890,665 are held in treasury, leaving 67,826,414 shares carrying voting rights, a change that affects shareholder calculations under UK disclosure and transparency rules.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines has disclosed that Eschler Global Fund SPC – Colebrooke Opportunities Fund SP, a vehicle closely associated with non-executive chair Jack Pailing, bought 20,000 Naked Wines ordinary shares on 4 March at £0.73844 per share on London’s AIM market. Following this transaction, Pailing’s beneficial interest, including that of closely associated persons, has risen to 961,843 shares, representing about 1.34% of the company’s issued share capital.
The purchase modestly increases insider-aligned ownership in Naked Wines, a factor often watched by investors as a signal of confidence in a company’s prospects and governance. While the deal is relatively small in monetary terms, it underscores continued engagement by the chair’s affiliated entities at a time when the group is pursuing its differentiated direct-to-consumer funding model for independent winemakers across its core markets.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has continued its previously announced share buyback programme with the repurchase of 300,000 ordinary shares at 74.75 pence each, executed through Panmure Liberum. Following this transaction, the group has 71,717,079 shares in issue, of which 3,740,665 are held in treasury, leaving 67,976,414 shares carrying voting rights and slightly concentrating ownership for remaining investors.
The updated share count provides a new baseline for shareholders assessing disclosure thresholds under UK transparency rules. The buyback underscores management’s ongoing capital management strategy and may signal confidence in the company’s valuation, with potential implications for earnings per share and the liquidity profile of Naked Wines’ stock.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc, the AIM-quoted online wine club that backs independent winemakers in return for exclusive access and fair pricing, serves customers in the UK, U.S. and Australia. Its model funds production costs upfront, aiming to deliver better-quality wines, more choice and tailored recommendations for its Angel members while supporting small producers.
The company has continued executing its previously announced share buyback programme, repurchasing 24,000 ordinary shares at 74.20p each on 2 March 2026 through broker Panmure Liberum. Following this latest transaction, Naked Wines now has 71,717,079 shares in issue, of which 3,440,665 are held in treasury, leaving 68,276,414 voting shares, a change that shareholders may need to factor into regulatory disclosure calculations.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has repurchased 7,500 of its own ordinary shares at 74 pence each as part of the share buyback programme launched in early February. The transaction, executed via Panmure Liberum, reduces the number of shares in public hands and leaves the company with 71,717,079 shares in issue, of which 3,416,665 are held in treasury, resulting in 68,300,414 voting rights for shareholder disclosure calculations.
By continuing to execute on its buyback, Naked Wines is tightening its capital base and potentially signalling management’s confidence in the company’s valuation and prospects. The updated share count and voting rights figure will guide investors and regulators in monitoring significant holdings under UK disclosure and transparency rules, and may modestly enhance earnings per share over time.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has repurchased 100,000 of its own ordinary shares at 75.10 pence each as part of its previously announced share buyback programme, executed through broker Panmure Liberum. Following this transaction, the company has 71,717,079 ordinary shares in issue, of which 3,409,165 are held in treasury, leaving 68,307,914 shares carrying voting rights that shareholders should now use as the reference figure for disclosure calculations.
The latest buyback incrementally reduces the free float and can enhance earnings per share over time, signalling management’s continued commitment to capital returns and confidence in the group’s valuation. The updated voting-rights total also has regulatory implications for investors, who must use the new denominator when assessing whether they need to report changes in their holdings under UK disclosure and transparency rules.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc is an online wine club and retailer that connects more than 300 independent winemakers with “Angel” customers across the UK, U.S. and Australia. Its model finances winemakers’ production costs upfront, enabling the creation of higher-quality wines at fair prices, while offering customers a broad, personalised selection of over 2,500 wines from 23 countries.
The company has repurchased 50,000 ordinary shares at 75 pence each as part of its ongoing share buyback programme, leaving 71,717,079 shares in issue, of which 3,309,165 are held in treasury. Following this transaction, total voting rights stand at 68,407,914, a change that may affect shareholders’ disclosure thresholds and signals continued capital management activity by the group.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has continued its previously announced share buyback programme by repurchasing 25,000 ordinary shares at 75 pence each on 24 February 2026 through broker Panmure Liberum. Following this transaction, the company has 71,717,079 ordinary shares in issue, of which 3,259,165 are held in treasury, leaving 68,457,914 voting shares in circulation.
The updated share count alters the total voting rights that investors must use when calculating disclosure thresholds under UK transparency rules. The buyback supports capital management efforts and may be seen as a signal of confidence in the company’s valuation, with potential implications for shareholder value and ownership concentrations.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has continued its previously announced share buyback programme, repurchasing 50,000 ordinary shares at 75.50 pence each on 20 February 2026 through broker Panmure Liberum. Following this transaction, the company has 71,717,079 ordinary shares in issue, of which 3,234,165 are held in treasury, leaving total voting rights at 68,482,914.
The reduction in free-floating shares marginally concentrates ownership and alters the denominator used by investors to assess notification thresholds under UK disclosure rules. The buyback underlines management’s willingness to return capital and may signal confidence in the company’s valuation, with implications for existing shareholders’ proportional stakes and future earnings per share metrics.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has executed a share repurchase under its recently announced buyback programme, acquiring 92,500 ordinary shares at 75 pence each through Panmure Liberum. Following this transaction, the company has 71,717,079 ordinary shares in issue, of which 3,184,165 are held in treasury, leaving 68,532,914 shares carrying voting rights, a figure shareholders can use to assess disclosure thresholds under FCA rules.
The buyback marginally reduces the free float and consolidates existing investors’ proportional ownership, while providing updated capital and voting rights figures to the market. The move underscores Naked Wines’ active management of its capital structure and may signal confidence in the company’s valuation as it continues to pursue its direct-to-consumer wine retail strategy across its key markets.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has executed a further tranche of its recently announced share buyback programme, repurchasing 100,000 ordinary shares at 75.08 pence each through broker Panmure Liberum. Following this transaction, the company now has 71,717,079 ordinary shares in issue, including 3,091,665 held in treasury, leaving 68,625,414 voting shares outstanding.
The buyback reduces the free float and slightly boosts earnings and net asset value per share, signalling continued management confidence and active capital management following the initiation of the programme earlier in February 2026. The updated voting-rights figure also provides a new reference point for investors monitoring disclosure thresholds under UK transparency rules, with implications for how shareholders track and report changes in their holdings.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has continued executing its recently announced share buyback programme, repurchasing 100,000 ordinary shares at 75.10 pence each through broker Panmure Liberum. The transaction reduces the number of shares in public hands and sets total voting rights at 68,725,414, a key reference point for investors monitoring their disclosure thresholds under UK market rules.
The buyback slightly consolidates ownership and may signal management’s confidence in the current valuation, although it represents a small proportion of the overall share capital. By updating the market on its capital management actions and clarifying the new voting rights figure, Naked Wines provides greater transparency for shareholders and supports orderly disclosure under the FCA’s transparency regime.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has repurchased 100,000 of its ordinary shares at 75.20 pence each under the share buyback programme announced on 4 February 2026, with the transaction executed through Panmure Liberum Limited. Following this buyback, the company has 71,717,079 ordinary shares in issue, of which 2,891,665 are held in treasury, leaving 68,825,414 voting rights outstanding, a change that affects the denominator used by shareholders for calculating notifiable interests under FCA transparency rules and underscores ongoing efforts to manage its capital structure and share base.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines has commenced purchases under its recently announced share buyback programme, repurchasing 25,000 ordinary shares at 74.5 pence per share via broker Panmure Liberum. Following this transaction, the company has 71,717,079 ordinary shares in issue, of which 2,791,665 are held in treasury, resulting in 68,925,414 voting rights, a change relevant for shareholders monitoring their disclosure thresholds under FCA rules.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines has launched a share buyback programme of up to £1 million, appointing Panmure Liberum to repurchase ordinary shares on the open market under pre-set parameters, with all bought-back shares to be held in treasury without voting or dividend rights. The initiative, which sits alongside the company’s existing policy to return up to 50% of adjusted EBITDA or net cash increases to shareholders and may lift the stock’s daily trading volumes, underscores management’s intention to use both ongoing and ad hoc capital returns, including this additional buyback running until March 31, 2026 or until the funding cap is reached, to enhance shareholder value while regularly reviewing capital allocation.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines has granted 1,726,971 new share options under its 2023 Long-Term Incentive Plan, comprising 172,696 nil-cost options and 1,554,275 options exercisable at £0.76, bringing total unvested equity awards to 5,761,213 shares, or about 8.03% of its issued share capital. Chief executive Rodrigo Maza and chief financial officer Dominic Neary received significant portions of these awards, which are subject to demanding performance conditions tied to continued employment, Adjusted EBITDA growth, free cash flow per share, and returns on equity and cash, as well as a share-price hurdle for market-value options, signalling an effort to tightly align top management’s remuneration with long-term financial performance and shareholder value creation.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has disclosed that its Non-Executive Chair, Jack Pailing, has purchased 16,350 ordinary shares at £0.74 each on the London Stock Exchange’s AIM market, increasing his beneficial holding to 814,814 shares, or about 1.18% of the company’s issued share capital. The transaction, formally notified under regulatory rules for directors’ dealings, modestly deepens board-level equity alignment with shareholders, a move likely to be read by investors as a signal of confidence in the business and its direct-to-consumer wine model across its core markets.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines reported a successful peak trading period for the 13 weeks to 29 December 2025, with performance across all markets in line with its full-year 2026 guidance despite a planned reduction in revenue as it refocuses on its profitable core. Peak-season revenue fell 19% at constant currency, including a 16% decline in repeat sales, but the business delivered a 5% rise in average order value and a slight increase in revenue per member, underscoring improved customer economics. Management reiterated guidance for FY26 revenue of £200m–£216m, adjusted EBITDA of £5.5m–£7.5m and net cash of £33m–£35m (excluding lease liabilities), and confirmed post-buyback issued share capital of 71.7 million shares, with 68.95 million voting rights, indicating ongoing efforts to manage capital structure and deliver shareholder value while accelerating cash generation via inventory liquidation over the medium term.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines plc has completed a £2 million share buyback via a reverse accelerated bookbuild, acquiring 2,766,665 ordinary shares at 72 pence each, which will be held in treasury without voting rights. Following settlement on 29 December 2025, the company’s issued ordinary share capital will total 68,950,415 shares, all of which count towards voting rights, giving shareholders a new reference figure for calculating disclosure thresholds under UK transparency rules.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £75.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.
Naked Wines has launched a reverse accelerated bookbuild share buyback of up to £2 million, its second £2 million programme this year, as part of its ongoing capital return policy. Conducted by Panmure Liberum as principal, the buyback will run on 22 December 2025 and may purchase up to 7.4 million shares within pre-agreed pricing limits, with all repurchased stock to be held in treasury without voting rights, potentially enhancing intrinsic value per share and paving the way for further on‑market buybacks if demand falls below the maximum amount.
The most recent analyst rating on (GB:WINE) stock is a Hold with a £75.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.