Cash flow Helios Towers plc

Equities

HTWS

GB00BJVQC708

Construction & Engineering

Market Closed - London S.E. Other stock markets 11:35:01 2026-01-16 am EST			5-day change	1st Jan Change
163.20 ^GBX	-0.97%		-1.81%	-0.85%

Dec. 09	Deutsche Bank Research raises Relx to 'buy'	AN
Nov. 17	RS Group raised to 'buy' from 'neutral'	AN

5b08dedd54bde4790764.U-7j0RxLTMaKGI0HkK9F0UwuVD5wYbzwFFdIb1ae1Xk.HNyPoFQsYYu6dfs2_PYxuykDNl8eEI2EcRwiOgzonwEfpNGnSwIYhLws5g

Published financial data: HELIOS TOWERS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	414M	449M	561M	721M	792M
Total Revenues	414M	449M	561M	721M	792M
Cost of Goods Sold, Total	266M	295M	366M	450M	409M
Gross Profit	148M	154M	195M	271M	383M
Selling General & Admin Expenses, Total	53.9M	51.4M	74.5M	90.1M	98.2M
Depreciation & Amortization - (IS)	15.4M	14.7M	20.3M	33.4M	34.8M
Other Operating Expenses	-	21.3M	-	-	-
Other Operating Expenses, Total	69.3M	87.4M	94.8M	124M	133M
Operating Income	78.6M	66.4M	100M	147M	250M
Interest Expense, Total	-97.8M	-130M	-141M	-175M	-192M
Interest And Investment Income	800K	700K	1.8M	1.3M	3.4M
Net Interest Expenses	-97M	-129M	-139M	-174M	-188M
Currency Exchange Gains (Loss)	3.6M	-21.6M	-52.3M	-86.1M	-21.7M
Other Non Operating Income (Expenses)	33.9M	-28M	-51.4M	1.8M	200K
EBT, Excl. Unusual Items	19.1M	-112M	-143M	-111M	40.1M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-8.8M	-6.9M	-15.4M	-3.3M	-1.4M
Gain (Loss) On Sale Of Assets	-8.1M	-500K	-400K	3.1M	-5.2M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-23.1M	-	-3.9M	-900K	10.7M
EBT, Incl. Unusual Items	-20.9M	-119M	-162M	-112M	44.2M
Income Tax Expense	15.8M	36.8M	8.9M	-400K	17.2M
Earnings From Continuing Operations	-36.7M	-156M	-171M	-112M	27M
Net Income to Company	-36.7M	-156M	-171M	-112M	27M
Minority Interest	-	-	-100K	11.7M	6.5M
Net Income - (IS)	-36.7M	-156M	-172M	-100M	33.5M
Net Income to Common Incl Extra Items	-36.7M	-156M	-172M	-100M	33.5M
Net Income to Common Excl. Extra Items	-36.7M	-156M	-172M	-100M	33.5M
Per Share Items
Net EPS - Basic	-0.04	-0.15	-0.16	-0.1	0.03
Basic EPS - Continuing Operations	-0.04	-0.15	-0.16	-0.1	0.03
Basic Weighted Average Shares Outstanding	998M	1.02B	1.05B	1.05B	1.05B
Net EPS - Diluted	-0.04	-0.15	-0.16	-0.1	0.03
Diluted EPS - Continuing Operations	-0.04	-0.15	-0.16	-0.1	0.03
Diluted Weighted Average Shares Outstanding	1B	1.02B	1.05B	1.05B	1.18B
Normalized Basic EPS	0.01	-0.07	-0.09	-0.06	0.03
Normalized Diluted EPS	0.01	-0.07	-0.09	-0.06	0.03
Supplemental Items
EBITDA	211M	210M	252M	329M	383M
EBITA	82.6M	68.1M	108M	168M	277M
EBIT	78.6M	66.4M	100M	147M	250M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	-75.6	-30.82	-5.48	0.36	38.91
Current Foreign Taxes	15.4M	41.2M	17.9M	24.1M	42.9M
Total Current Taxes	15.4M	41.2M	17.9M	24.1M	42.9M
Deferred Foreign Taxes	400K	-4.4M	-9M	-24.5M	-25.7M
Total Deferred Taxes	400K	-4.4M	-9M	-24.5M	-25.7M
Normalized Net Income	11.94M	-70M	-89.35M	-57.74M	31.56M
Interest on Long-Term Debt	17.3M	19.3M	25.5M	25M	26.3M
Supplemental Operating Expense Items
General and Administrative Expenses	53.9M	51.4M	74.5M	90.1M	98.2M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	4.5M	3.7M	4.7M
Stock-Based Comp., Other (Total)	1M	2M	-	-	-
Total Stock-Based Compensation	1M	2M	4.5M	3.7M	4.7M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	429M	529M	120M	107M	161M
Total Cash And Short Term Investments	429M	529M	120M	107M	161M
Accounts Receivable, Total	82.2M	77.1M	166M	249M	253M
Other Receivables	55.4M	110M	61.8M	48.3M	52.1M
Total Receivables	138M	187M	228M	297M	305M
Inventory	9M	10.5M	14.6M	12.7M	10M
Prepaid Expenses	39.3M	43.3M	45.7M	42.6M	36.9M
Deferred Tax Assets Current	-	-	18.7M	-	-
Total Current Assets	615M	769M	427M	459M	513M
Gross Property Plant And Equipment	1.42B	1.71B	2.14B	2.4B	2.58B
Accumulated Depreciation	-713M	-833M	-1.01B	-1.23B	-1.35B
Net Property Plant And Equipment	704M	880M	1.13B	1.17B	1.23B
Long-term Investments	-	-	-	-	-
Goodwill	4.9M	17.8M	51.1M	40.7M	44.9M
Other Intangibles, Total	18.3M	210M	532M	506M	486M
Deferred Tax Assets Long-Term	-	-	-	13.6M	42.2M
Other Long-Term Assets, Total	88.8M	57.7M	2.8M	6.3M	13.5M
Total Assets	1.43B	1.93B	2.14B	2.2B	2.33B
Liabilities
Accounts Payable, Total	12.7M	13.5M	32M	31.3M	37.9M
Accrued Expenses, Total	107M	126M	151M	176M	177M
Short-term Borrowings	-	-	7.3M	18M	23.2M
Current Portion of Long-Term Debt	2.6M	2.8M	12.6M	19.7M	16.7M
Current Portion of Leases	23.5M	33M	34.1M	35.5M	33.2M
Unearned Revenue Current, Total	51M	45.8M	9.8M	60.6M	64.4M
Other Current Liabilities	4.1M	63.5M	52.2M	33.5M	29.3M
Total Current Liabilities	201M	285M	299M	375M	382M
Long-Term Debt	987M	1.29B	1.55B	1.63B	1.68B
Long-Term Leases	108M	149M	192M	204M	190M
Deferred Tax Liability Non Current	4.4M	39.7M	50.1M	25.9M	28.3M
Other Non Current Liabilities	-	-	2.7M	4.3M	10M
Total Liabilities	1.3B	1.77B	2.1B	2.24B	2.29B
Common Stock, Total	12.8M	13.5M	13.5M	13.5M	13.5M
Additional Paid In Capital	-	106M	106M	106M	106M
Retained Earnings	280M	153M	-5.1M	-105M	-71.7M
Treasury Stock	-2.3M	-1.1M	-1.1M	-1.8M	-2.3M
Comprehensive Income and Other	-160M	-103M	-105M	-80.4M	-40.4M
Total Common Equity	130M	168M	8.3M	-68.3M	4.7M
Minority Interest	-	-	41M	29.8M	31.2M
Total Equity	130M	168M	49.3M	-38.5M	35.9M
Total Liabilities And Equity	1.43B	1.93B	2.14B	2.2B	2.33B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	998M	1.05B	1.05B	1.05B	1.05B
ECS Total Common Shares Outstanding	998M	1.05B	1.05B	1.05B	1.05B
Book Value / Share	0.13	0.16	0.01	-0.07	0
Tangible Book Value	107M	-59.3M	-575M	-615M	-527M
Tangible Book Value Per Share	0.11	-0.06	-0.55	-0.59	-0.5
Total Debt	1.12B	1.48B	1.8B	1.9B	1.94B
Net Debt	692M	948M	1.68B	1.8B	1.78B
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	41M	29.8M	31.2M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	3.1M	3M	4.1M	200K	100K
Inventories - Others	5.9M	7.5M	10.5M	12.5M	9.9M
Land - (BS)	6.8M	6.6M	42.8M	6.4M	6.3M
Machinery, Total	28.9M	33.8M	13.9M	16.5M	18.7M
Full Time Employees	450	550	641	725	758
Accumulated Allowance for Doubtful Accounts (Supple)	5.8M	6M	5.8M	5.4M	6.9M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-36.7M	-156M	-172M	-100M	33.5M
Depreciation & Amortization - CF	142M	158M	166M	193M	132M
Amortization of Goodwill and Intangible Assets - (CF)	4M	1.7M	7.8M	20.9M	27M
Depreciation & Amortization, Total	146M	159M	174M	214M	158M
Amortization of Deferred Charges, Total - (CF)	1.6M	600K	4.8M	5.2M	7.7M
(Gain) Loss From Sale Of Asset	8.1M	500K	400K	-3.1M	5.2M
Stock-Based Compensation (CF)	1M	2M	4.5M	3.7M	4.7M
Other Operating Activities, Total	-57.1M	55.2M	110M	74.9M	9.9M
Change In Accounts Receivable	21.1M	-18.1M	-79M	-88.1M	-42.3M
Change In Inventories	600K	-1.6M	-3.3M	-3.1M	1.4M
Change In Accounts Payable	-24.7M	-1.1M	13.8M	49.1M	5.4M
Change in Other Net Operating Assets	-800K	-4.6M	-2M	-5.1M	14.3M
Cash from Operations	59.5M	35.9M	51.1M	147M	198M
Capital Expenditure	-123M	-168M	-244M	-192M	-144M
Sale of Property, Plant, and Equipment	1M	500K	100K	-	1.6M
Cash Acquisitions	-1.6M	-238M	-136M	-	-
Sale (Purchase) of Intangible assets	-300K	-2M	-3.4M	-4.8M	-10.1M
Other Investing Activities, Total	800K	600K	1.8M	900K	3.2M
Cash from Investing	-124M	-408M	-382M	-196M	-150M
Long-Term Debt Issued, Total	996M	368M	281M	490M	869M
Total Debt Issued	996M	368M	281M	490M	869M
Long-Term Debt Repaid, Total	-698M	-13.3M	-360M	-434M	-843M
Total Debt Repaid	-698M	-13.3M	-360M	-434M	-843M
Issuance of Common Stock	-	138M	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-26M	-18.8M	4.6M	-12.1M	-21.7M
Cash from Financing	272M	474M	-74.6M	43.2M	4.5M
Foreign Exchange Rate Adjustments	100K	-2.1M	-4.3M	-7.6M	1.3M
Net Change in Cash	208M	100M	-409M	-13M	54.4M
Supplemental Items
Cash Interest Paid	102M	112M	122M	150M	166M
Cash Income Tax Paid (Refund)	47.8M	48.3M	20.3M	20.9M	33.2M
Levered Free Cash Flow	-34.3M	-28.34M	-155M	6.64M	60.38M
Unlevered Free Cash Flow	26.82M	52.6M	-66.9M	116M	180M
Change In Net Working Capital	47.6M	-19.8M	64.6M	1.8M	-7.6M
Net Debt Issued / Repaid	298M	354M	-79.2M	55.3M	26.2M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.71	2.47	3.07	4.24	6.91
Return on Total Capital	4.39	2.87	3.58	4.95	8.16
Return On Equity %	-24.02	-104.73	-157.75	-2.07K	-2.08K
Return on Common Equity	-23.97	-104.73	-194.55	333.67	-105.35
Margin Analysis
Gross Profit Margin %	35.72	34.25	34.74	37.53	48.37
SG&A Margin	13.02	11.45	13.29	12.5	12.4
EBITDA Margin %	50.97	46.83	45.02	45.62	48.32
EBITA Margin %	19.95	15.16	19.23	23.3	34.99
EBIT Margin %	18.99	14.79	17.83	20.4	31.58
Income From Continuing Operations Margin %	-8.86	-34.78	-30.57	-15.51	3.41
Net Income Margin %	-8.86	-34.78	-30.59	-13.88	4.23
Net Avail. For Common Margin %	-8.86	-34.78	-30.59	-13.88	4.23
Normalized Net Income Margin	2.88	-15.59	-15.94	-8.01	3.99
Levered Free Cash Flow Margin	-8.28	-6.31	-27.64	0.92	7.62
Unlevered Free Cash Flow Margin	6.48	11.71	-11.93	16.11	22.77
Asset Turnover
Asset Turnover	0.31	0.27	0.28	0.33	0.35
Fixed Assets Turnover	0.57	0.57	0.56	0.63	0.66
Receivables Turnover (Average Receivables)	4.04	5.64	3.86	3.47	3.15
Inventory Turnover (Average Inventory)	29.08	30.29	29.16	33	36.03
Short Term Liquidity
Current Ratio	3.06	2.7	1.43	1.22	1.34
Quick Ratio	2.82	2.51	1.16	1.08	1.22
Operating Cash Flow to Current Liabilities	0.3	0.13	0.17	0.39	0.52
Days Sales Outstanding (Average Receivables)	90.57	64.73	94.59	105.1	116.02
Days Outstanding Inventory (Average Inventory)	12.58	12.05	12.52	11.06	10.16
Average Days Payable Outstanding	21.07	16.11	22.44	25.76	31.18
Cash Conversion Cycle (Average Days)	82.09	60.68	84.66	90.4	95
Long Term Solvency
Total Debt/Equity	860.4	879.4	3.65K	-4.95K	5.42K
Total Debt / Total Capital	89.59	89.79	97.33	102.06	98.19
LT Debt/Equity	840.37	858.1	3.54K	-4.76K	5.21K
Long-Term Debt / Total Capital	87.5	87.61	94.41	98.14	94.5
Total Liabilities / Total Assets	90.89	91.31	97.7	101.75	98.46
EBIT / Interest Expense	0.8	0.51	0.71	0.84	1.3
EBITDA / Interest Expense	2.3	1.74	1.94	2.06	2.13
(EBITDA - Capex) / Interest Expense	1.04	0.44	0.21	0.96	1.38
Total Debt / EBITDA	4.98	6.55	6.57	5.28	4.76
Net Debt / EBITDA	3.08	4.2	6.13	4.98	4.37
Total Debt / (EBITDA - Capex)	11.03	25.87	61.35	11.27	7.36
Net Debt / (EBITDA - Capex)	6.81	16.61	57.27	10.64	6.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.76	8.48	24.85	28.59	9.85
Gross Profit, 1 Yr. Growth %	17.47	3.99	26.66	38.91	41.57
EBITDA, 1 Yr. Growth %	9.04	4.01	13.34	30.31	16.36
EBITA, 1 Yr. Growth %	29.06	-7.72	33.91	55.84	59.99
EBIT, 1 Yr. Growth %	35.52	-4.87	26.9	47.1	70.02
Earnings From Cont. Operations, 1 Yr. Growth %	-73.13	325.61	9.73	-34.77	-124.15
Net Income, 1 Yr. Growth %	-73.01	325.61	9.8	-41.63	-133.47
Normalized Net Income, 1 Yr. Growth %	-268.43	-1.19K	43.53	-35.38	-154.67
Diluted EPS Before Extra, 1 Yr. Growth %	-73.33	281.24	7.41	-38.95	-130
Accounts Receivable, 1 Yr. Growth %	-33.01	-6.2	33.79	49.67	1.73
Inventory, 1 Yr. Growth %	-3.23	16.67	39.05	-13.01	-21.26
Net Property, Plant and Equip., 1 Yr. Growth %	-4.89	24.99	30.15	3.34	4.74
Total Assets, 1 Yr. Growth %	17.21	35.2	10.96	2.74	5.94
Tangible Book Value, 1 Yr. Growth %	-27.39	-155.37	807.26	8.43	-14.32
Common Equity, 1 Yr. Growth %	-25.92	28.93	-95.06	-922.89	-106.88
Cash From Operations, 1 Yr. Growth %	58.24	-39.66	42.34	188.06	34.71
Capital Expenditures, 1 Yr. Growth %	29.62	36.55	45.04	-21.48	-24.75
Levered Free Cash Flow, 1 Yr. Growth %	-150.6	-28.8	474.2	-104.69	809.6
Unlevered Free Cash Flow, 1 Yr. Growth %	-78.68	146.66	-224	-317.08	55.26
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.84	7.61	16.38	26.71	18.85
Gross Profit, 2 Yr. CAGR %	21.49	10.53	14.77	32.64	40.24
EBITDA, 2 Yr. CAGR %	13.78	4.25	11.73	21.53	23.14
EBITA, 2 Yr. CAGR %	45.53	3.15	20.86	44.46	60.33
EBIT, 2 Yr. CAGR %	52.04	7	19.69	36.63	58.15
Earnings From Cont. Operations, 2 Yr. CAGR %	-45.58	6.93	116.11	-15.4	-60.31
Net Income, 2 Yr. CAGR %	-45.58	7.17	116.17	-19.95	-55.8
Normalized Net Income, 2 Yr. CAGR %	-53.62	214.27	272.55	-3.69	-40.57
Diluted EPS Before Extra, 2 Yr. CAGR %	-46.55	0.83	102.36	-19.02	-57.2
Accounts Receivable, 2 Yr. CAGR %	4.34	-20.73	42.24	41.51	23.39
Inventory, 2 Yr. CAGR %	-6.52	6.26	27.37	9.98	-17.24
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.03	9.03	26.78	16.13	4.04
Total Assets, 2 Yr. CAGR %	18.54	25.88	22.44	6.64	4.33
Tangible Book Value, 2 Yr. CAGR %	-1.01	-36.59	131.75	211.38	-3.61
Common Equity, 2 Yr. CAGR %	3.47	-2.27	-74.76	-36.24	-24.75
Cash From Operations, 2 Yr. CAGR %	-1.24	-2.29	-7.33	102.49	96.99
Capital Expenditures, 2 Yr. CAGR %	9.46	33.04	40.73	6.72	-23.13
Levered Free Cash Flow, 2 Yr. CAGR %	42.37	-35.34	97.32	-50.41	-34.69
Unlevered Free Cash Flow, 2 Yr. CAGR %	-39.19	-35.35	77.12	46.72	83.58
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.27	8.05	13.08	20.31	20.82
Gross Profit, 3 Yr. CAGR %	28.75	15.35	15.66	22.31	35.56
EBITDA, 3 Yr. CAGR %	17.56	8.86	9.26	17.61	19.78
EBITA, 3 Yr. CAGR %	80.99	20.42	18.98	31.55	50.99
EBIT, 3 Yr. CAGR %	166.05	25	19.91	28.21	46.96
Earnings From Cont. Operations, 3 Yr. CAGR %	-30.1	8.03	7.86	44.96	-44.3
Net Income, 3 Yr. CAGR %	-26.6	8.03	8.04	39.72	-40.14
Normalized Net Income, 3 Yr. CAGR %	-32.11	8.04	132.74	107.77	-20.26
Diluted EPS Before Extra, 3 Yr. CAGR %	-26.83	2.89	2.98	35.72	-41.84
Accounts Receivable, 3 Yr. CAGR %	1.89	0.7	10.67	44.67	26.76
Inventory, 3 Yr. CAGR %	-1.92	0.64	16.22	12.16	-1.61
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.6	4.08	15.2	18.53	12.2
Total Assets, 3 Yr. CAGR %	8.7	23.85	20.67	15.39	6.4
Tangible Book Value, 3 Yr. CAGR %	-22.9	-18.44	57.4	79.04	102.53
Common Equity, 3 Yr. CAGR %	-19.69	11.35	-63.86	-19.37	-69.64
Cash From Operations, 3 Yr. CAGR %	1.1	-16.2	10.77	35.25	76.77
Capital Expenditures, 3 Yr. CAGR %	-9.54	17.83	36.93	15.86	-5.01
Levered Free Cash Flow, 3 Yr. CAGR %	-34.82	18.75	31.73	-44.96	30.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	-28.89	-10.16	-18.99	75.94	49.51
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	9.71	10.2	15.16	15.35
Gross Profit, 5 Yr. CAGR %	-	26.95	22.96	21.98	24.93
EBITDA, 5 Yr. CAGR %	-	15.7	14.22	15.07	14.61
EBITA, 5 Yr. CAGR %	-	70.79	50.56	33.92	34.06
EBIT, 5 Yr. CAGR %	-	21.22	88.75	34.04	33.95
Earnings From Cont. Operations, 5 Yr. CAGR %	-	6.11	9.79	-2.03	-27.69
Net Income, 5 Yr. CAGR %	-	9.83	13.06	-4.18	-24.44
Normalized Net Income, 5 Yr. CAGR %	-	8.15	18.55	0.79	34.81
Diluted EPS Before Extra, 5 Yr. CAGR %	-	7.24	9.92	-6.51	-27.52
Accounts Receivable, 5 Yr. CAGR %	-	-5.08	16.44	26.94	15.59
Inventory, 5 Yr. CAGR %	-	-11.65	8.89	4.28	1.46
Net Property, Plant and Equip., 5 Yr. CAGR %	-	2.76	6.89	8.48	10.66
Total Assets, 5 Yr. CAGR %	-	11.84	14	16.64	13.79
Tangible Book Value, 5 Yr. CAGR %	-	-30.75	19.74	41.26	28.99
Common Equity, 5 Yr. CAGR %	-	-16.26	-49.46	-10.91	-51.54
Cash From Operations, 5 Yr. CAGR %	-	7.25	-2.36	19.27	39.45
Capital Expenditures, 5 Yr. CAGR %	-	-9.25	7.95	13.25	8.69
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	4.58	-17.07	-2.29
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-2.15	9.87	7.46