Business
Preliminary Results Announcement FY20
Preliminary Results Announcement FY20.
About this update from Redcentric Plc
[{"type":"text","content":"\n \n \n RNS Number : 5977T\n Redcentric PLC\n 21 July 2020\n \n \n \n \n \n \n \n \n \n \n Redcentric plc\n \n \n Preliminary results announcement for the year ended 31 March 2020 \n \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/5977T_1-2020-7-21.pdf\n \n \n Redcentric plc (AIM: RCN) (\"Redcentric\" or the \"Company\"), a leading UK IT managed services provider, today announces its full year results for the year ended 31 March 2020.\n \n \n Financial Measures\n \n \n \n \n \n \n \n \n \n Year ended 31 March 2020 (FY20)1\n \n \n \n \n Year ended 31 March 2020 (FY20) pre-IFRS 161\n \n \n \n \n Year ended 31 March 2019 (FY19)\n \n \n \n \n Change1\n \n \n \n \n \n \n Total revenue\n \n \n \n \n £87.5m\n \n \n \n \n £87.5m\n \n \n \n \n £93.3m\n \n \n \n \n -6%\n \n \n \n \n \n \n Recurring monthly revenue (RMR) 2\n \n \n \n \n £77.6m\n \n \n \n \n £77.6m\n \n \n \n \n £80.5m\n \n \n \n \n -4%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted EBITDA2\n \n \n \n \n £20.6m\n \n \n \n \n £17.6m\n \n \n \n \n £16.7m\n \n \n \n \n +5%\n \n \n \n \n \n \n Adjusted operating profit2\n \n \n \n \n £10.6m\n \n \n \n \n £9.7m\n \n \n \n \n £8.2m\n \n \n \n \n +18%\n \n \n \n \n \n \n Reported operating (loss)\n \n \n \n \n £(8.7)m\n \n \n \n \n £(9.7)m\n \n \n \n \n £(0.3)m\n \n \n \n \n +3,133%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted cash generated from operations2\n \n \n \n \n £19.6m\n \n \n \n \n £16.4m\n \n \n \n \n £21.3m\n \n \n \n \n -23%\n \n \n \n \n \n \n Reported cash generated from operations\n \n \n \n \n £18.8m\n \n \n \n \n £15.6m\n \n \n \n \n £19.6m\n \n \n \n \n -20%\n \n \n \n \n \n \n Net debt\n \n \n \n \n £(34.5)m\n \n \n \n \n £(13.5)m\n \n \n \n \n £(17.6)m\n \n \n \n \n +23%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted basic earnings per share2\n \n \n \n \n 4.76p\n \n \n \n \n 4.86p\n \n \n \n \n 3.89p\n \n \n \n \n +25%\n \n \n \n \n \n \n Reported basic (loss) per share\n \n \n \n \n (7.14)p\n \n \n \n \n (7.01)p\n \n \n \n \n (1.32)p\n \n \n \n \n -431% \n \n \n \n \n \n \n Dividend per share\n \n \n \n \n 1.83p\n \n \n \n \n 1.83p\n \n \n \n \n 1.40p\n \n \n \n \n +31%\n \n \n \n ...