Cash flow Gamma Communications plc

Stocks

GAMA

GB00BQS10J50

Integrated Telecommunications Services

Real-time Estimate Cboe Europe Other stock markets 03:58:40 2026-06-15 am EDT			5-day change	1st Jan Change
929.50 ^GBX	0.00%		-0.95%	+1.35%

Jun. 12	Oakley Capital Walks Away from Potential Gamma Communications Bid	MT
Jun. 12	Oakley Capital opts against an offer for UK's Gamma Communications	RE

38add66eea241bca0f0.0kc7O1LQjklFAxU0QqZldnNshZG_CwofPjFCKtBj3ZM.u3RSDzGpvRkuZmYZJJcrGRwbwsPYVEUrcFsPH4k3icm9MENqPpf-GidnVA

Published financial data: GAMMA COMMUNICATIONS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	448M	485M	522M	579M	646M
Total Revenues	448M	485M	522M	579M	646M
Cost of Goods Sold, Total	219M	237M	254M	279M	298M
Gross Profit	228M	248M	267M	300M	348M
Selling General & Admin Expenses, Total	133M	171M	152M	176M	207M
Depreciation & Amortization - (IS)	17.6M	2.8M	21.3M	20.4M	21.4M
Amortization of Goodwill and Intangible Assets - (IS)	9.5M	9.5M	10M	13.4M	18.6M
Other Operating Expenses, Total	160M	183M	184M	210M	247M
Operating Income	68.3M	64.5M	83.4M	90.3M	102M
Interest Expense, Total	-700K	-500K	-500K	-300K	-3.8M
Interest And Investment Income	100K	800K	5.4M	7.1M	1.8M
Net Interest Expenses	-600K	300K	4.9M	6.8M	-2M
Currency Exchange Gains (Loss)	-	-	-	-	1.1M
Other Non Operating Income (Expenses)	-500K	-800K	-400K	-1.5M	-
EBT, Excl. Unusual Items	67.2M	64M	87.9M	95.6M	101M
Restructuring Charges	-	-	-3.3M	-	-3.3M
Merger & Related Restructuring Charges	-	-	-	-	-5.1M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-12.7M	-	-
Other Unusual Items	-	900K	-400K	-	-4.5M
EBT, Incl. Unusual Items	67.2M	64.9M	71.5M	95.6M	87.7M
Income Tax Expense	13.2M	15.4M	17.8M	25.8M	22.7M
Earnings From Continuing Operations	54M	49.5M	53.7M	69.8M	65M
Net Income to Company	54M	49.5M	53.7M	69.8M	65M
Minority Interest	-400K	-200K	-100K	-	-100K
Net Income - (IS)	53.6M	49.3M	53.6M	69.8M	64.9M
Net Income to Common Incl Extra Items	53.6M	49.3M	53.6M	69.8M	64.9M
Net Income to Common Excl. Extra Items	53.6M	49.3M	53.6M	69.8M	64.9M
Per Share Items
Net EPS - Basic	0.56	0.51	0.55	0.72	0.69
Basic EPS - Continuing Operations	0.56	0.51	0.55	0.72	0.69
Basic Weighted Average Shares Outstanding	95.89M	96.54M	97.09M	96.57M	93.42M
Net EPS - Diluted	0.55	0.51	0.55	0.72	0.69
Diluted EPS - Continuing Operations	0.55	0.51	0.55	0.72	0.69
Diluted Weighted Average Shares Outstanding	97.06M	97.49M	97.7M	96.98M	93.69M
Normalized Basic EPS	0.43	0.41	0.56	0.62	0.67
Normalized Diluted EPS	0.43	0.41	0.56	0.62	0.67
Dividend Per Share	0.13	0.15	0.17	0.2	0.22
Payout Ratio	21.83	26.98	28.36	24.79	29.12
Supplemental Items
EBITDA	85.3M	82.6M	102M	110M	123M
EBITA	77M	73.1M	92.6M	101M	115M
EBIT	68.3M	64.5M	83.4M	90.3M	102M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	19.64	23.73	24.9	26.99	25.88
Total Current Taxes	15M	14.4M	21.7M	28.9M	26.7M
Total Deferred Taxes	-1.8M	1M	-3.9M	-3.1M	-4M
Normalized Net Income	41.6M	39.8M	54.84M	59.75M	62.78M
Interest on Long-Term Debt	500K	400K	400K	300K	800K
Supplemental Operating Expense Items
General and Administrative Expenses	-	-	-	2.7M	2.2M
Research And Development Expense From Footnotes	19.1M	20M	22.5M	28M	27.3M
Net Rental Expense, Total	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	2.7M	2.2M
Stock-Based Comp., SG&A Exp. (Total)	4.8M	4.3M	2.7M	-	-
Total Stock-Based Compensation	4.8M	4.3M	2.7M	2.7M	2.2M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	52.8M	94.6M	136M	154M	23.7M
Total Cash And Short Term Investments	52.8M	94.6M	136M	154M	23.7M
Accounts Receivable, Total	98.4M	109M	109M	115M	120M
Other Receivables	5.1M	6.9M	3.6M	2M	2.7M
Total Receivables	104M	116M	112M	117M	123M
Inventory	7.9M	10.2M	11.8M	10M	7.5M
Prepaid Expenses	-	-	-	-	-
Total Current Assets	164M	221M	260M	281M	154M
Gross Property Plant And Equipment	114M	106M	107M	111M	110M
Accumulated Depreciation	-67.5M	-62.7M	-68.5M	-77.4M	-69.5M
Net Property Plant And Equipment	47M	42.9M	38.4M	33.6M	40M
Goodwill	83.1M	76.7M	113M	115M	214M
Other Intangibles, Total	32.9M	25.2M	22.9M	47.2M	150M
Accounts Receivable Long-Term	14.3M	13M	14.7M	15.4M	23.5M
Deferred Tax Assets Long-Term	7M	5.5M	6.5M	8.6M	6.9M
Deferred Charges Long-Term	13.3M	22.4M	19.1M	26.9M	32.9M
Total Assets	362M	407M	475M	528M	621M
Liabilities
Accounts Payable, Total	5.7M	9.5M	13.2M	7.1M	12.8M
Accrued Expenses, Total	35.3M	39.2M	46.3M	54.1M	51.2M
Current Portion of Long-Term Debt	800K	400K	300K	-	300K
Current Portion of Leases	2.1M	2.5M	3M	2M	4.8M
Current Income Taxes Payable	900K	500K	100K	700K	4.7M
Unearned Revenue Current, Total	10.9M	12.5M	14.1M	18.5M	20.2M
Other Current Liabilities	10.5M	8M	12.1M	12.6M	15.7M
Total Current Liabilities	66.2M	72.6M	89.1M	95M	110M
Long-Term Debt	2.5M	1.7M	1.4M	-	32.7M
Long-Term Leases	9.8M	8.6M	7M	5.9M	12.8M
Unearned Revenue Non Current	10M	7.8M	12.1M	13.3M	15M
Deferred Tax Liability Non Current	10M	11.3M	10.4M	17.6M	48.8M
Other Non Current Liabilities	9.1M	5.1M	10.6M	23.5M	17.3M
Total Liabilities	108M	107M	131M	155M	236M
Common Stock, Total	200K	200K	200K	200K	200K
Additional Paid In Capital	14.9M	18M	22.9M	23.3M	23.3M
Retained Earnings	239M	274M	315M	368M	369M
Treasury Stock	-700K	-700K	-700K	-24.7M	-22.8M
Comprehensive Income and Other	5.2M	9.7M	7.6M	6.5M	16.5M
Total Common Equity	259M	301M	345M	374M	386M
Minority Interest	-4.5M	-1.4M	-900K	-900K	-800K
Total Equity	254M	300M	344M	373M	385M
Total Liabilities And Equity	362M	407M	475M	528M	621M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	96.32M	96.85M	97.46M	95.78M	92.17M
ECS Total Common Shares Outstanding	96.32M	96.85M	97.46M	95.78M	92.17M
Book Value / Share	2.69	3.11	3.54	3.9	4.19
Tangible Book Value	143M	199M	210M	211M	21.9M
Tangible Book Value Per Share	1.48	2.06	2.15	2.21	0.24
Total Debt	15.2M	13.2M	11.7M	7.9M	50.6M
Net Debt	-37.6M	-81.4M	-125M	-146M	26.9M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-4.5M	-1.4M	-900K	-900K	-800K
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	7.9M	10.2M	11.8M	-	-
Inventories - Finished Goods, Total	-	-	-	10M	7.5M
Land - (BS)	4.5M	4.7M	4.6M	4.4M	4.7M
Machinery, Total	14.7M	16.3M	17.3M	20.4M	20.3M
Full Time Employees	1.74K	1.76K	1.9K	1.93K	2.23K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	53.6M	49.3M	53.6M	69.8M	64.9M
Depreciation & Amortization - CF	11M	12.3M	11.6M	11.7M	12M
Amortization of Goodwill and Intangible Assets - (CF)	8.7M	8.6M	9.2M	10.9M	13.7M
Depreciation & Amortization, Total	19.7M	20.9M	20.8M	22.6M	25.7M
Amortization of Deferred Charges, Total - (CF)	7.4M	6.3M	10.5M	11.2M	14.3M
(Gain) Loss From Sale Of Asset	-	300K	-	-	-
Asset Writedown & Restructuring Costs	-	12.2M	12.7M	-	-
Stock-Based Compensation (CF)	4.8M	4.3M	2.7M	2.7M	2.2M
Other Operating Activities, Total	1.4M	800K	-1.9M	-4.7M	-4M
Change In Accounts Receivable	-5.4M	-10.1M	6.7M	-1.7M	-6.8M
Change In Inventories	200K	-2.6M	-1M	-1.7M	3.4M
Change In Accounts Payable	-6.2M	4.1M	2.1M	-4.8M	-6M
Change in Unearned Revenues	1.5M	-400K	-1.5M	2M	-6.1M
Change in Other Net Operating Assets	-500K	-400K	3.5M	-2.5M	800K
Cash from Operations	76.5M	84.7M	108M	92.9M	88.4M
Capital Expenditure	-9.1M	-6.8M	-5.6M	-4.9M	-4.8M
Cash Acquisitions	-49.3M	-9.8M	-22.8M	-15.4M	-145M
Divestitures	-	-300K	-	-	-
Sale (Purchase) of Intangible assets	-7.7M	-13.9M	-17.4M	-14.3M	-19.5M
Other Investing Activities, Total	200K	1.2M	4.9M	7.1M	2.3M
Cash from Investing	-65.9M	-29.6M	-40.9M	-27.5M	-167M
Long-Term Debt Issued, Total	-	-	-	-	108M
Total Debt Issued	-	-	-	-	108M
Long-Term Debt Repaid, Total	-5.4M	-3.5M	-10.5M	-4.8M	-95.2M
Total Debt Repaid	-5.4M	-3.5M	-10.5M	-4.8M	-95.2M
Issuance of Common Stock	5.9M	3.1M	1.9M	1.8M	900K
Repurchase of Common Stock	-	-	-	-27.3M	-45.1M
Common Dividends Paid	-11.7M	-13.3M	-15.2M	-17.3M	-18.9M
Common & Preferred Stock Dividends Paid	-11.7M	-13.3M	-15.2M	-17.3M	-18.9M
Other Financing Activities, Total	-500K	-100K	-1.4M	-	-3M
Cash from Financing	-11.7M	-13.8M	-25.2M	-47.6M	-52.8M
Foreign Exchange Rate Adjustments	-	500K	-200K	-600K	1.1M
Net Change in Cash	-1.1M	41.8M	41.9M	17.2M	-130M
Supplemental Items
Cash Interest Paid	500K	100K	100K	-	3M
Cash Income Tax Paid (Refund)	13.3M	14.4M	15.3M	23.9M	26.7M
Levered Free Cash Flow	42.65M	42.1M	81.41M	77.35M	87.56M
Unlevered Free Cash Flow	43.09M	42.41M	81.72M	77.54M	89.94M
Change In Net Working Capital	14.7M	8.7M	-18.6M	-3.8M	-8.6M
Net Debt Issued / Repaid	-5.4M	-3.5M	-10.5M	-4.8M	13.3M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	12.49	10.49	11.82	11.26	11.04
Return on Total Capital	17.32	13.85	15.59	15.33	15.54
Return On Equity %	23.55	17.87	16.68	19.47	17.16
Return on Common Equity	22.74	17.61	16.59	19.42	17.09
Margin Analysis
Gross Profit Margin %	51.04	51.11	51.22	51.83	53.92
SG&A Margin	29.73	35.27	29.23	30.41	32.01
EBITDA Margin %	19.05	17.04	19.53	19.07	19.11
EBITA Margin %	17.2	15.08	17.75	17.47	17.84
EBIT Margin %	15.26	13.31	15.99	15.58	15.72
Income From Continuing Operations Margin %	12.06	10.21	10.29	12.05	10.06
Net Income Margin %	11.97	10.17	10.27	12.05	10.05
Net Avail. For Common Margin %	11.97	10.17	10.27	12.05	10.05
Normalized Net Income Margin	9.29	8.21	10.51	10.31	9.72
Levered Free Cash Flow Margin	9.53	8.69	15.61	13.35	13.56
Unlevered Free Cash Flow Margin	9.62	8.75	15.67	13.38	13.93
Asset Turnover
Asset Turnover	1.31	1.26	1.18	1.16	1.12
Fixed Assets Turnover	9.45	10.78	12.83	16.09	17.55
Receivables Turnover (Average Receivables)	4.66	4.66	4.79	5.17	5.48
Inventory Turnover (Average Inventory)	27.4	26.18	23.14	25.61	34.01
Short Term Liquidity
Current Ratio	2.48	3.05	2.92	2.96	1.4
Quick Ratio	2.36	2.9	2.79	2.85	1.34
Operating Cash Flow to Current Liabilities	1.16	1.17	1.21	0.98	0.81
Days Sales Outstanding (Average Receivables)	78.31	78.26	76.26	70.75	66.58
Days Outstanding Inventory (Average Inventory)	13.32	13.94	15.78	14.29	10.73
Average Days Payable Outstanding	12.58	11.6	16.18	13.4	12.31
Cash Conversion Cycle (Average Days)	79.05	80.6	75.86	71.65	65
Long Term Solvency
Total Debt/Equity	5.98	4.4	3.4	2.12	13.14
Total Debt / Total Capital	5.64	4.22	3.29	2.08	11.62
LT Debt/Equity	4.84	3.44	2.44	1.58	11.82
Long-Term Debt / Total Capital	4.57	3.29	2.36	1.55	10.45
Total Liabilities / Total Assets	29.74	26.33	27.51	29.41	38.03
EBIT / Interest Expense	97.57	129	166.8	301	26.71
EBITDA / Interest Expense	125.71	170.8	208.4	376.33	33.47
(EBITDA - Capex) / Interest Expense	112.71	157.2	197.2	360	32.21
Total Debt / EBITDA	0.17	0.15	0.11	0.07	0.4
Net Debt / EBITDA	-0.43	-0.95	-1.2	-1.29	0.21
Total Debt / (EBITDA - Capex)	0.19	0.17	0.12	0.07	0.41
Net Debt / (EBITDA - Capex)	-0.48	-1.04	-1.27	-1.35	0.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	13.69	8.24	7.66	11.06	11.46
Gross Profit, 1 Yr. Growth %	13.79	8.4	7.87	12.39	15.95
EBITDA, 1 Yr. Growth %	-11.42	-3.17	5.16	8.87	11.67
EBITA, 1 Yr. Growth %	-11.09	-5.06	5.95	9.76	13.83
EBIT, 1 Yr. Growth %	-9.66	-5.56	5.84	8.8	12.4
Earnings From Cont. Operations, 1 Yr. Growth %	-16.15	-8.33	8.48	29.98	-6.88
Net Income, 1 Yr. Growth %	-16.51	-8.02	8.72	30.22	-7.02
Normalized Net Income, 1 Yr. Growth %	-10.75	-4.33	12.52	9.46	3.44
Diluted EPS Before Extra, 1 Yr. Growth %	-17.12	-8.33	8.5	31.15	-3.75
Accounts Receivable, 1 Yr. Growth %	5.02	11.18	-0.73	6.26	4.16
Inventory, 1 Yr. Growth %	-2.47	29.11	15.69	-15.25	-25
Net Property, Plant and Equip., 1 Yr. Growth %	-1.67	-8.72	-10.49	-12.5	19.05
Total Assets, 1 Yr. Growth %	12.4	12.44	16.72	11.2	17.67
Tangible Book Value, 1 Yr. Growth %	14.16	39.59	5.17	0.81	-89.36
Common Equity, 1 Yr. Growth %	21.57	16.39	14.61	8.26	3.27
Cash From Operations, 1 Yr. Growth %	36.12	10.72	27.74	-14.14	-4.84
Capital Expenditures, 1 Yr. Growth %	-4.21	-25.27	-17.65	-12.5	-2.04
Levered Free Cash Flow, 1 Yr. Growth %	-17.58	-1.29	59.52	-4.7	13.2
Unlevered Free Cash Flow, 1 Yr. Growth %	-17.54	-1.57	59.15	-4.83	15.99
Dividend Per Share, 1 Yr. Growth %	12.82	13.64	14	14.04	13.85
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	16.67	10.93	7.95	9.34	11.26
Gross Profit, 2 Yr. CAGR %	17.15	11.07	8.14	10.11	14.16
EBITDA, 2 Yr. CAGR %	10.47	-7.39	9.3	6.79	10.26
EBITA, 2 Yr. CAGR %	13.19	-8.12	9.66	7.61	11.78
EBIT, 2 Yr. CAGR %	21.33	-7.63	10.5	7.05	10.58
Earnings From Cont. Operations, 2 Yr. CAGR %	25.11	-12.33	-0.28	18.75	10.02
Net Income, 2 Yr. CAGR %	24.64	-12.37	0	18.99	10.04
Normalized Net Income, 2 Yr. CAGR %	20.16	-7.6	14.81	10.72	7.24
Diluted EPS Before Extra, 2 Yr. CAGR %	23.66	-12.84	-0.27	19.29	12.35
Accounts Receivable, 2 Yr. CAGR %	12.68	8.05	5.06	2.71	5.21
Inventory, 2 Yr. CAGR %	-1.24	12.22	22.22	-0.99	-20.28
Net Property, Plant and Equip., 2 Yr. CAGR %	3.95	-5.26	-9.61	-11.5	2.06
Total Assets, 2 Yr. CAGR %	23.19	12.42	14.56	13.93	14.39
Tangible Book Value, 2 Yr. CAGR %	10.16	26.24	21.17	2.97	-67.67
Common Equity, 2 Yr. CAGR %	30.25	18.95	15.5	11.39	5.73
Cash From Operations, 2 Yr. CAGR %	28.26	22.76	18.93	4.73	-9.61
Capital Expenditures, 2 Yr. CAGR %	-4.13	-15.4	-21.55	-15.11	-7.42
Levered Free Cash Flow, 2 Yr. CAGR %	4.51	-9.8	38.16	23.11	3.87
Unlevered Free Cash Flow, 2 Yr. CAGR %	4.71	-9.9	37.72	22.88	5.06
Dividend Per Share, 2 Yr. CAGR %	12.12	13.23	13.82	14.02	13.94
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	16.26	13.79	9.83	8.98	10.05
Gross Profit, 3 Yr. CAGR %	20.01	14.16	9.99	9.54	12.02
EBITDA, 3 Yr. CAGR %	22.07	5.72	1.9	9.01	8.39
EBITA, 3 Yr. CAGR %	26.32	6.74	2.26	9.54	9.64
EBIT, 3 Yr. CAGR %	25.69	11.6	3.33	9.75	8.8
Earnings From Cont. Operations, 3 Yr. CAGR %	23.89	12.79	-5.88	8.93	9.51
Net Income, 3 Yr. CAGR %	23.58	12.64	-5.84	9.2	9.6
Normalized Net Income, 3 Yr. CAGR %	24.49	11.37	5.57	12.83	8.8
Diluted EPS Before Extra, 3 Yr. CAGR %	22.54	11.91	-6.24	9.26	11.05
Accounts Receivable, 3 Yr. CAGR %	16.15	12.18	5.04	5.46	3.19
Inventory, 3 Yr. CAGR %	8.41	7.99	13.36	8.17	-9.74
Net Property, Plant and Equip., 3 Yr. CAGR %	9.29	-0.46	-7.04	-10.58	-2.31
Total Assets, 3 Yr. CAGR %	22.92	19.5	13.83	13.43	15.16
Tangible Book Value, 3 Yr. CAGR %	18.3	19.2	18.78	13.96	-52.09
Common Equity, 3 Yr. CAGR %	28.58	25.45	17.49	13.03	8.61
Cash From Operations, 3 Yr. CAGR %	28.21	22.13	24.4	6.69	1.44
Capital Expenditures, 3 Yr. CAGR %	-3.73	-11.77	-16.15	-18.64	-10.96
Levered Free Cash Flow, 3 Yr. CAGR %	33.63	2.54	16.3	21.95	19.71
Unlevered Free Cash Flow, 3 Yr. CAGR %	33.77	2.57	16.08	21.63	20.54
Dividend Per Share, 3 Yr. CAGR %	12.38	12.62	13.48	13.89	13.96
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.96	14.9	12.86	11.99	10.4
Gross Profit, 5 Yr. CAGR %	18.26	17.91	15.11	12.52	11.64
EBITDA, 5 Yr. CAGR %	22.6	20	16.79	9.59	5.08
EBITA, 5 Yr. CAGR %	28.24	23.25	19.37	10.98	5.87
EBIT, 5 Yr. CAGR %	25.66	20.3	19.38	14.24	6.07
Earnings From Cont. Operations, 5 Yr. CAGR %	24.99	16.87	13.59	15.14	0.19
Net Income, 5 Yr. CAGR %	24.81	16.78	13.55	15.14	0.22
Normalized Net Income, 5 Yr. CAGR %	25.24	19.81	20.52	15.7	6.13
Diluted EPS Before Extra, 5 Yr. CAGR %	24.04	16.09	12.85	14.81	0.8
Accounts Receivable, 5 Yr. CAGR %	36.98	12.17	11.58	8.29	5.11
Inventory, 5 Yr. CAGR %	21.37	26.09	13.74	4.3	-1.53
Net Property, Plant and Equip., 5 Yr. CAGR %	7.01	8	1.3	-5.03	-3.5
Total Assets, 5 Yr. CAGR %	25.46	21.49	19.5	17.24	14.06
Tangible Book Value, 5 Yr. CAGR %	14.63	19.48	19.44	12.42	-29.42
Common Equity, 5 Yr. CAGR %	26.39	25.87	23.18	19.63	12.64
Cash From Operations, 5 Yr. CAGR %	23.62	26.35	24.41	14.85	9.48
Capital Expenditures, 5 Yr. CAGR %	-13.42	-10.89	-11.3	-13.12	-12.76
Levered Free Cash Flow, 5 Yr. CAGR %	48.4	49.17	35.42	14.65	11.09
Unlevered Free Cash Flow, 5 Yr. CAGR %	48.71	49.39	35.34	14.56	11.47
Dividend Per Share, 5 Yr. CAGR %	11.97	12.3	12.95	13.18	13.67