Cash flow Scottish Mortgage Investment Trust Plc

Equities

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GB00BLDYK618

Investment Trusts

Real-time Estimate Cboe Europe Other stock markets 04:54:54 2026-04-13 am EDT			5-day change	1st Jan Change
1,347.75 ^GBX	-0.97%		+4.82%	+13.61%

Apr. 10	Scottish Mortgage shareholders approve new investment policy	AN
Apr. 07	FTSE 100 slips ahead of latest Trump war deadline	AN

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Published financial data: SCOTTISH MORTGAGE INVESTMENT TRUST PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Gain (Loss) on Sale of Investment, Total (Rev)	9.27B	-2.42B	-2.79B	1.41B	1.27B
Interest And Invest. Income (Rev)	16.35M	23.26M	49.04M	40.05M	32.91M
Total Revenues	9.28B	-2.4B	-2.74B	1.45B	1.31B
Gross Profit	9.28B	-2.4B	-2.74B	1.45B	1.31B
Selling General & Admin Expenses, Total	48.5M	58.46M	41.81M	41.21M	40.9M
Other Operating Expenses, Total	48.5M	58.46M	41.81M	41.21M	40.9M
Operating Income	9.23B	-2.46B	-2.78B	1.4B	1.27B
Interest Expense, Total	-30.27M	-44.65M	-66.61M	-54.98M	-55.68M
Net Interest Expenses	-30.27M	-44.65M	-66.61M	-54.98M	-55.68M
Currency Exchange Gains (Loss)	14.09M	-41.56M	-68.75M	22.21M	22.68M
EBT, Excl. Unusual Items	9.22B	-2.54B	-2.92B	1.37B	1.23B
Other Unusual Items	-	-	-	-	-8.78M
EBT, Incl. Unusual Items	9.22B	-2.54B	-2.92B	1.37B	1.22B
Income Tax Expense	3.44M	1.91M	3.74M	5.76M	5.55M
Earnings From Continuing Operations	9.21B	-2.54B	-2.92B	1.37B	1.22B
Net Income to Company	9.21B	-2.54B	-2.92B	1.37B	1.22B
Net Income - (IS)	9.21B	-2.54B	-2.92B	1.37B	1.22B
Net Income to Common Incl Extra Items	9.21B	-2.54B	-2.92B	1.37B	1.22B
Net Income to Common Excl. Extra Items	9.21B	-2.54B	-2.92B	1.37B	1.22B
Per Share Items
Net EPS - Basic	6.33	-1.78	-2.05	0.97	0.95
Basic EPS - Continuing Operations	6.33	-1.78	-2.05	0.97	0.95
Basic Weighted Average Shares Outstanding	1.46B	1.43B	1.43B	1.4B	1.29B
Net EPS - Diluted	6.33	-1.78	-2.05	0.97	0.95
Diluted EPS - Continuing Operations	6.33	-1.78	-2.05	0.97	0.95
Diluted Weighted Average Shares Outstanding	1.46B	1.43B	1.43B	1.4B	1.29B
Normalized Basic EPS	3.96	-1.11	-1.28	0.61	0.6
Normalized Diluted EPS	3.96	-1.11	-1.28	0.61	0.6
Dividend Per Share	0.03	0.04	0.04	0.04	0.04
Payout Ratio	0.53	-1.96	-1.8	4.22	4.54
Supplemental Items
EBITA	9.23B	-2.46B	-2.78B	1.4B	1.27B
EBIT	9.23B	-2.46B	-2.78B	1.4B	1.27B
Effective Tax Rate - (Ratio)	0.04	-0.08	-0.13	0.42	0.45
Current Foreign Taxes	976K	-137K	1.8M	1.72M	2.38M
Total Current Taxes	976K	-137K	1.8M	1.72M	2.38M
Deferred Foreign Taxes	-	-	-	4.03M	-
Total Deferred Taxes	2.46M	-1.29M	1.94M	4.03M	-
Normalized Net Income	5.76B	-1.59B	-1.82B	857M	770M
Interest on Long-Term Debt	25.01M	28.65M	37.58M	32.52M	32.67M
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	1.1M	1.27M
Selling and Marketing Expenses	-	-	-	1.1M	1.27M
General and Administrative Expenses	48.5M	58.46M	41.81M	40.12M	39.63M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	212M	230M	185M	124M	9.01M
Total Cash And Short Term Investments	212M	230M	185M	124M	9.01M
Accounts Receivable, Total	20.22M	9.82M	10.87M	266M	68.69M
Other Receivables	663K	1.18M	1.17M	507K	822K
Total Receivables	20.88M	11M	12.04M	266M	69.51M
Other Current Assets, Total	-	2.14M	-	-	-
Total Current Assets	233M	243M	197M	390M	78.52M
Long-term Investments	18.04B	16.67B	13.15B	14.12B	13.67B
Total Assets	18.28B	16.91B	13.35B	14.51B	13.74B
Liabilities
Accrued Expenses, Total	11.89M	11.06M	8.83M	9.43M	9.07M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	265M	502M	376M	214M	442M
Other Current Liabilities	34.54M	12.76M	13.23M	218M	28.86M
Total Current Liabilities	311M	526M	398M	441M	480M
Long-Term Debt	973M	1.63B	1.45B	1.43B	1.18B
Deferred Tax Liability Non Current	2.46M	1.17M	3.22M	7.26M	-
Total Liabilities	1.29B	2.16B	1.85B	1.88B	1.66B
Common Stock, Total	74.24M	74.24M	74.24M	74.24M	74.24M
Additional Paid In Capital	782M	928M	928M	928M	928M
Retained Earnings	10.27B	6.58B	3.35B	4.37B	3.21B
Comprehensive Income and Other	5.86B	7.18B	7.14B	7.25B	7.87B
Total Common Equity	16.99B	14.76B	11.5B	12.63B	12.08B
Total Equity	16.99B	14.76B	11.5B	12.63B	12.08B
Total Liabilities And Equity	18.28B	16.91B	13.35B	14.51B	13.74B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.42B	1.44B	1.41B	1.34B	1.18B
ECS Total Common Shares Outstanding	1.42B	1.44B	1.41B	1.39B	1.2B
Book Value / Share	11.95	10.22	8.17	9.11	10.06
Tangible Book Value	16.99B	14.76B	11.5B	12.63B	12.08B
Tangible Book Value Per Share	11.95	10.22	8.17	9.11	10.06
Total Debt	1.24B	2.13B	1.82B	1.64B	1.62B
Net Debt	1.03B	1.9B	1.64B	1.52B	1.61B
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	9.21B	-2.54B	-2.92B	1.37B	1.22B
(Gain) Loss on Sale of Investments - (CF)	-9.27B	2.42B	2.79B	-1.41B	-1.27B
Other Operating Activities, Total	-11.68M	41.47M	70.86M	-18.35M	-30.8M
Change In Accounts Receivable	5.48M	-4.05M	-2.45M	-4.34M	3.66M
Cash from Operations	-57.96M	-85.91M	-63.48M	-62.39M	-82.46M
Investment in Marketable and Equity Securities, Total	330M	-1.03B	731M	337M	1.77B
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	330M	-1.03B	731M	337M	1.77B
Long-Term Debt Issued, Total	385M	1.11B	1.59B	505M	844M
Total Debt Issued	385M	1.11B	1.59B	505M	844M
Long-Term Debt Repaid, Total	-20M	-266M	-1.99B	-658M	-844M
Total Debt Repaid	-20M	-266M	-1.99B	-658M	-844M
Issuance of Common Stock	194M	518M	-	-	-
Repurchase of Common Stock	-589M	-183M	-283M	-122M	-1.75B
Common Dividends Paid	-48.46M	-49.77M	-52.58M	-57.66M	-55.34M
Common & Preferred Stock Dividends Paid	-48.46M	-49.77M	-52.58M	-57.66M	-55.34M
Cash from Financing	-78.89M	1.13B	-733M	-333M	-1.8B
Foreign Exchange Rate Adjustments	-19.47M	9.26M	20.38M	-3.16M	2.48M
Net Change in Cash	174M	17.83M	-45.02M	-61.18M	-115M
Supplemental Items
Cash Interest Paid	30.32M	41.54M	66.32M	55.19M	56.75M
Levered Free Cash Flow	5.81B	-1.58B	-1.78B	794M	764M
Unlevered Free Cash Flow	5.83B	-1.55B	-1.74B	829M	798M
Change In Net Working Capital	-58.79M	14.88M	654K	49.25M	-7.65M
Net Debt Issued / Repaid	365M	844M	-397M	-153M	0

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	42.06	-8.73	-11.5	6.3	5.6
Return on Total Capital	42.16	-8.74	-11.52	6.36	5.65
Return On Equity %	73.03	-16.03	-22.26	11.32	9.86
Return on Common Equity	73.03	-16.03	-22.26	11.32	9.86
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	0.52	-2.44	-1.53	2.85	3.13
EBITA Margin %	99.48	102.44	101.53	97.15	96.87
EBIT Margin %	99.48	102.44	101.53	97.15	96.87
Income From Continuing Operations Margin %	99.27	106.11	106.6	94.48	93.24
Net Income Margin %	99.27	106.11	106.6	94.48	93.24
Net Avail. For Common Margin %	99.27	106.11	106.6	94.48	93.24
Normalized Net Income Margin	62.06	66.27	66.54	59.3	58.96
Levered Free Cash Flow Margin	62.6	65.81	65	54.93	58.46
Unlevered Free Cash Flow Margin	62.81	64.64	63.48	57.31	61.13
Asset Turnover
Asset Turnover	0.68	-0.14	-0.18	0.1	0.09
Short Term Liquidity
Current Ratio	0.75	0.46	0.49	0.88	0.16
Quick Ratio	0.75	0.46	0.49	0.88	0.16
Operating Cash Flow to Current Liabilities	-0.19	-0.16	-0.16	-0.14	-0.17
Long Term Solvency
Total Debt/Equity	7.28	14.45	15.86	13.02	13.44
Total Debt / Total Capital	6.79	12.62	13.69	11.52	11.85
LT Debt/Equity	5.73	11.04	12.59	11.33	9.78
Long-Term Debt / Total Capital	5.34	9.65	10.86	10.02	8.63
Total Liabilities / Total Assets	7.04	12.75	13.85	12.95	12.09
EBIT / Interest Expense	305.03	-55.01	-41.78	25.55	22.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	786.25	-125.83	14.32	-152.74	-9.66
Gross Profit, 1 Yr. Growth %	786.25	-125.83	14.32	-152.74	-9.66
EBITA, 1 Yr. Growth %	806.51	-126.6	13.31	-150.47	-9.93
EBIT, 1 Yr. Growth %	806.51	-126.6	13.31	-150.47	-9.93
Earnings From Cont. Operations, 1 Yr. Growth %	846.88	-127.61	14.85	-146.75	-10.85
Net Income, 1 Yr. Growth %	846.88	-127.61	14.85	-146.75	-10.85
Normalized Net Income, 1 Yr. Growth %	846.05	-127.58	14.79	-147	-10.18
Diluted EPS Before Extra, 1 Yr. Growth %	857.37	-128.18	14.74	-147.54	-2.78
Accounts Receivable, 1 Yr. Growth %	-58.03	-51.41	10.62	2.35K	-74.16
Total Assets, 1 Yr. Growth %	99.37	-7.46	-21.08	8.71	-5.27
Tangible Book Value, 1 Yr. Growth %	106.07	-13.15	-22.08	9.84	-4.33
Common Equity, 1 Yr. Growth %	106.07	-13.15	-22.08	9.84	-4.33
Cash From Operations, 1 Yr. Growth %	82.76	48.22	-26.11	-1.71	32.17
Levered Free Cash Flow, 1 Yr. Growth %	897.09	-127.16	12.91	-144.58	-3.86
Unlevered Free Cash Flow, 1 Yr. Growth %	867.81	-126.59	12.26	-147.62	-3.65
Dividend Per Share, 1 Yr. Growth %	5.23	4.97	14.21	3.41	3.3
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	212.29	51.31	-45.66	-22.35	-30.98
Gross Profit, 2 Yr. CAGR %	212.29	51.31	-45.66	-22.35	-30.98
EBITA, 2 Yr. CAGR %	215.86	55.29	-45.1	-24.38	-32.58
EBIT, 2 Yr. CAGR %	215.86	55.29	-45.1	-24.38	-32.58
Earnings From Cont. Operations, 2 Yr. CAGR %	222.97	61.7	-43.68	-26.73	-35.44
Net Income, 2 Yr. CAGR %	222.97	61.7	-43.68	-26.73	-35.44
Normalized Net Income, 2 Yr. CAGR %	223	61.54	-43.73	-26.55	-35.02
Diluted EPS Before Extra, 2 Yr. CAGR %	221.51	64.24	-43.14	-26.14	-32.01
Accounts Receivable, 2 Yr. CAGR %	-14.49	-54.84	-26.69	420.2	151.4
Total Assets, 2 Yr. CAGR %	49.63	35.83	-14.54	-7.38	1.48
Tangible Book Value, 2 Yr. CAGR %	51.22	33.78	-17.73	-7.48	2.51
Common Equity, 2 Yr. CAGR %	51.22	33.78	-17.73	-7.48	2.51
Cash From Operations, 2 Yr. CAGR %	57.86	64.59	4.65	-14.78	13.98
Levered Free Cash Flow, 2 Yr. CAGR %	224.07	64.55	-44.63	-29.06	-34.54
Unlevered Free Cash Flow, 2 Yr. CAGR %	219.26	60.42	-45.37	-26.89	-32.27
Dividend Per Share, 2 Yr. CAGR %	4.53	5.1	9.49	8.68	3.36
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	95.93	36.07	37.81	-46.2	-18.33
Gross Profit, 3 Yr. CAGR %	95.93	36.07	37.81	-46.2	-18.33
EBITA, 3 Yr. CAGR %	96.76	38.45	39.8	-46.62	-19.84
EBIT, 3 Yr. CAGR %	96.76	38.45	39.8	-46.62	-19.84
Earnings From Cont. Operations, 3 Yr. CAGR %	96.67	42.29	44.27	-47.07	-21.78
Net Income, 3 Yr. CAGR %	96.67	42.29	44.27	-47.07	-21.78
Normalized Net Income, 3 Yr. CAGR %	96.69	42.24	44.15	-47.01	-21.45
Diluted EPS Before Extra, 3 Yr. CAGR %	93.76	42.81	45.73	-46.43	-19.05
Accounts Receivable, 3 Yr. CAGR %	196.34	-29.18	-39.12	136.03	91.21
Total Assets, 3 Yr. CAGR %	39.84	27.49	13.34	-7.41	-6.68
Tangible Book Value, 3 Yr. CAGR %	40.03	25.7	11.72	-9.41	-6.45
Common Equity, 3 Yr. CAGR %	40.03	25.7	11.72	-9.41	-6.45
Cash From Operations, 3 Yr. CAGR %	81.25	54.58	26.03	2.49	-1.35
Levered Free Cash Flow, 3 Yr. CAGR %	97.04	41.81	45.14	-48.49	-21.49
Unlevered Free Cash Flow, 3 Yr. CAGR %	96.08	39.42	42.42	-47.81	-19.84
Dividend Per Share, 3 Yr. CAGR %	3.66	4.68	8.05	7.43	6.85
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	223.34	11.65	17.31	8.72	4.51
Gross Profit, 5 Yr. CAGR %	223.34	11.65	17.31	8.72	4.51
EBITA, 5 Yr. CAGR %	280.58	12.48	18.09	8.7	4.43
EBIT, 5 Yr. CAGR %	280.58	12.48	18.09	8.7	4.43
Earnings From Cont. Operations, 5 Yr. CAGR %	262.22	14.37	19.26	9.11	4.59
Net Income, 5 Yr. CAGR %	262.22	14.37	19.26	9.11	4.59
Normalized Net Income, 5 Yr. CAGR %	266.6	14.32	19.23	9.2	4.81
Diluted EPS Before Extra, 5 Yr. CAGR %	253.59	12.63	18.65	9.7	7.43
Accounts Receivable, 5 Yr. CAGR %	47.29	-8.4	69.49	57.25	7.35
Total Assets, 5 Yr. CAGR %	35.71	25.69	14.83	12.19	8.44
Tangible Book Value, 5 Yr. CAGR %	37.49	24.8	13.19	11.19	7.94
Common Equity, 5 Yr. CAGR %	37.49	24.8	13.19	11.19	7.94
Cash From Operations, 5 Yr. CAGR %	114.25	51.82	45.5	21.82	21.06
Levered Free Cash Flow, 5 Yr. CAGR %	350.99	13.94	18.59	7.5	5.55
Unlevered Free Cash Flow, 5 Yr. CAGR %	231.63	13.2	17.61	7.69	5.8
Dividend Per Share, 5 Yr. CAGR %	2.93	3.66	5.96	6.26	6.15