Business
Results for the year ended 31 December 2022
Results for the year ended 31 December 2022.
About this update from Strix Group Plc
[{"type":"text","content":"\n \n \n 29 March 2023\n \n \n \n \n \n Strix Group Plc\n \n \n \n \n \n (\"Strix\", the \"Group\" or the \"Company\")\n \n \n \n \n \n Preliminary results for the twelve months ended 31 December 2022\n \n \n Financial Summary\n \n \n 1\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 2022\n \n \n \n \n \n \n 2021\n \n \n \n \n \n Change (22 - 21)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n £m\n \n \n \n \n \n £m\n \n \n \n \n %4\n \n \n \n \n \n \n Revenue\n \n \n \n \n \n 106.9\n \n \n \n \n \n 119.4\n \n \n \n \n -10.5%\n \n \n \n \n \n \n Gross profit\n \n \n \n \n \n 41.5\n \n \n \n \n \n 47.4\n \n \n \n \n -12.4%\n \n \n \n \n \n \n EBITDA2\n \n \n \n \n \n 32.1\n \n \n \n \n \n 40.5\n \n \n \n \n -20.7%\n \n \n \n \n \n \n Operating profit\n \n \n \n \n \n 25.9\n \n \n \n \n \n 33.7\n \n \n \n \n -23.1%\n \n \n \n \n \n \n Profit before tax\n \n \n \n \n \n 22.2\n \n \n \n \n \n 32.2\n \n \n \n \n -31.1%\n \n \n \n \n \n \n Profit after tax\n \n \n \n \n \n 23.0\n \n \n \n \n \n 31.4\n \n \n \n \n -26.8%\n \n \n \n \n \n \n Net debt3\n \n \n \n \n \n 87.4\n \n \n \n \n \n 51.2\n \n \n \n \n +70.7%\n \n \n \n \n \n \n Net cash generated from operating activities\n \n \n \n \n \n 23.4\n \n \n \n \n \n 22.3\n \n \n \n \n +4.9%\n \n \n \n \n \n \n Basic earnings per share (pence)\n \n \n \n \n \n 10.9\n \n \n \n \n \n 15.2\n \n \n \n \n -28.3%\n \n \n \n \n \n \n Diluted earnings per share (pence)\n \n \n \n \n \n 10.8\n \n \n \n \n \n 14.9\n \n \n \n \n -27.5%\n \n \n \n \n \n \n Total dividend per share (pence)\n \n \n \n \n \n 6.00\n \n \n \n \n \n 8.35\n \n \n \n \n -28.1%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 1. Adjusted results exclude exceptional items, which include share based payment transactions, COVID-19 related costs, other reorganisation and strategic project costs. Adjusted results are non-GAAP metrics used by management and are not an IFRS disclosure.\n \n \n \n \n \n \n \n \n 2. EBITDA, which is defined as earnings before finance costs, tax, depreciation and amortisation, is a non-GAAP metric used by management and is not an IFRS disclosure.\n \n \n \n \n \n \n \n \n 3. Net debt excludes the impact of IFRS 16 lease liabilities, pension liabilities, deferred tax liabilities and earn-out provisions on satisfaction of performance conditions.\n \n \n \n \n \n \n \n \n 4. Figures are...