Business
2022 Full Year Results
2022 Full Year Results.
About this update from Videndum Plc
[{"type":"text","content":"\n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\n \n \n \n \n \n 28 February 2023\n \n \n Videndum plc\n \n \n 2022 Full Year Results\n \n \n Record revenue and adjusted profit before tax*\n \n \n Videndum plc (\"the Company\" or \"the Group\"), the international provider of premium branded hardware products and software solutions to the growing content creation market, announces its audited results for the year ended 31 December 2022.\n \n \n \n \n \n \n \n \n \n \n Results\n \n \n \n \n \n \n \n \n \n \n \n \n \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 \n % change\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Revenue\n \n \n \n \n £451.2m\n \n \n \n \n £394.3m\n \n \n \n \n +14%\n \n \n \n \n \n \n Adjusted operating profit*\n \n \n \n \n £60.0m\n \n \n \n \n £46.2m\n \n \n \n \n +30%\n \n \n \n \n \n \n \n Adjusted operating margin*\n \n \n \n \n \n \n 13.3%\n \n \n \n \n \n \n 11.7%\n \n \n \n \n \n \n +160bps\n \n \n \n \n \n \n \n Adjusted profit before tax*\n \n \n \n \n £54.0m\n \n \n \n \n £42.4m\n \n \n \n \n +27%\n \n \n \n \n \n \n Adjusted basic earnings per share*\n \n \n \n \n 90.1p\n \n \n \n \n 69.9p\n \n \n \n \n +29%\n \n \n \n \n \n \n Dividend per share\n \n \n \n \n 40.0p\n \n \n \n \n 35.0p\n \n \n \n \n +14%\n \n \n \n \n \n \n Free cash flow*\n \n \n \n \n £28.5m\n \n \n \n \n £33.1m\n \n \n \n \n -14%\n \n \n \n \n \n \n Net debt*\n \n \n \n \n £193.5m\n \n \n \n \n £145.2m\n \n \n \n \n +33%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Statutory results\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Operating profit\n \n \n \n \n £31.5m\n \n \n \n \n £33.5m\n \n \n \n \n -6%\n \n \n \n \n \n \n \n Operating margin\n \n \n \n \n \n \n 7.0%\n \n \n \n \n \n \n 8.5%\n \n \n \n \n \n \n -150bps\n \n \n \n \n \n \n \n Profit before tax\n \n \n \n \n £24.7m\n \n \n \n \n £29.6m\n \n \n \n \n -17%\n \n \n \n \n \n \n Basic earnings per share\n \n \n \n \n 71.4p\n \n \n \n \n 56.4p\n \n \n \n \n +27%...