OverviewSuggest Edit

discoverIE (formerly Acal) is a leading value-added distributor providing specialist design-in, sales and marketing services for international suppliers in the fields of Electronic Components and Medical and Scientific products. In addition, the Supply Chain Division provides parts and services for the IT industry. Founded in 1986 it has, through a combination of acquisition and organic growth, developed into a major player in these product groupings. The Company employs approximately 750 people, offering particularly strong sales and marketing expertise. It is through these skills that it can focus on the demand creation and high standards of technical support which differentiate it from other distributors. 

TypePublic
Founded1986
HQGuildford, GB
Websitediscoverieplc.com

Locations

discoverIE is headquartered in
Guildford, United Kingdom

Location Map

Latest Updates

Employees (est.) (Aug 2020)4,339(-3%)
Revenue (FY, 2019)£438.9 M(+14%)
Share Price (Aug 2020)£5.8 (-3%)
Cybersecurity ratingBMore

Key People/Management at discoverIE

Malcolm Diamond

Malcolm Diamond

Non-Executive Chairman
Nick Jefferies

Nick Jefferies

Group Chief Executive & Director
Simon Gibbins

Simon Gibbins

Group Finance Director
Jeremy Morcom

Jeremy Morcom

Group Head of Corporate Development
Paul Neville

Paul Neville

Group Commercial Director
Tracey Graham

Tracey Graham

Non-Executive Director
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discoverIE Office Locations

discoverIE has an office in Guildford
Guildford, GB (HQ)
2, Chancellor Court, Surrey Research Park, Occam Road
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discoverIE Financials and Metrics

discoverIE Revenue

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discoverIE's revenue was reported to be £438.90 m in FY, 2019
GBP

Revenue (FY, 2019)

438.9m

Gross profit (FY, 2019)

145.0m

Gross profit margin (FY, 2019), %

33%

Net income (FY, 2019)

14.6m

EBITDA (FY, 2019)

33.8m

EBIT (FY, 2019)

22.7m

Market capitalization (7-Aug-2020)

518.8m

Closing stock price (7-Aug-2020)

5.8

Cash (31-Mar-2019)

22.9m
discoverIE's current market capitalization is £518.8 m.
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

149.0m159.6m170.8m245.4m325.3m297.0m272.1m268.9m260.7m257.0m260.9m159.5m165.4m181.6m264.8m257.8m177.4m211.6m271.1m287.7m338.2m387.9m438.9m

Revenue growth, %

7%7%44%33%(9%)(8%)(1%)(3%)(1%)2%(39%)4%10%46%(3%)(31%)19%28%6%18%15%

Cost of goods sold

107.6m120.3m128.9m185.2m249.4m229.6m204.6m199.3m191.3m191.9m194.8m113.7m121.5m131.5m189.6m179.9m123.0m148.6m186.7m195.1m227.2m261.2m293.9m

Gross profit

41.4m39.3m42.0m60.2m75.9m67.4m67.6m69.6m69.4m65.1m66.1m45.8m43.9m50.1m75.2m77.9m54.4m63.0m84.4m92.6m111.0m126.7m145.0m
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

13.4m13.2m14.1m8.5m12.7m10.6m20.2m10.8m15.9m16.9m11.9m35.6m33.2m17.3m13.6m12.3m17.8m18.1m26.7m19.9m21.0m21.9m22.9m

Accounts Receivable

28.9m31.4m32.1m48.8m64.5m50.6m49.9m47.0m48.2m50.1m51.0m32.3m32.5m47.2m56.0m43.9m40.2m43.4m53.2m58.9m69.1m74.4m78.5m

Inventories

16.3m15.3m15.5m26.3m36.2m30.3m24.4m23.6m25.5m21.4m23.7m19.3m24.7m23.3m25.3m25.7m19.3m19.4m39.8m42.9m50.1m58.1m66.2m

Current Assets

62.5m62.7m64.5m86.8m116.5m94.4m97.9m85.2m97.0m104.2m94.8m91.5m97.8m94.4m98.3m87.4m81.8m92.7m127.3m128.3m148.4m165.9m179.1m
GBPFY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

6.3m6.5m8.3m8.3m12.3m8.4m8.0m5.1m4.5m5.7m5.8m500.0k(37.0m)(6.6m)1.7m2.1m2.1m3.7m2.9m7.2m3.5m10.6m14.6m

Cash From Operating Activities

8.7m12.3m12.4m14.0m20.9m23.0m23.6m19.8m16.9m10.9m6.3m1.1m(6.6m)1.5m400.0k6.9m3.7m4.1m1.6m8.2m14.5m15.0m22.4m

Dividends Paid

1.9m2.2m2.9m3.6m4.3m4.8m5.3m5.5m5.7m5.7m5.8m5.8m4.8m1.6m2.0m2.3m2.7m3.6m4.9m5.2m6.2m6.7m

Cash From Financing Activities

55.0k750.0k(230.0k)22.2m(6.3m)(67.0k)6.9m(3.1m)44.0k(8.8m)(12.9m)(15.9m)(4.9m)(1.8m)700.0k(3.1m)4.2m4.5m54.1m5.0m(800.0k)11.2m9.4m
GBPFY, 1997

Debt/Equity

0.8 x

Debt/Assets

0.2 x

Financial Leverage

3.6 x
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discoverIE Operating Metrics

discoverIE's Customers was reported to be 25 k in FY, 2016.
FY, 2015FY, 2016

Customers

20 k25 k
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discoverIE Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

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discoverIE Revenue Breakdown

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discoverIE revenue breakdown by geographic segment: 18.4% from UK, 68.6% from Europe and 13.0% from Rest of the World

discoverIE Online and Social Media Presence

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discoverIE Frequently Asked Questions

  • When was discoverIE founded?

    discoverIE was founded in 1986.

  • Who are discoverIE key executives?

    discoverIE's key executives are Malcolm Diamond, Nick Jefferies and Simon Gibbins.

  • How many employees does discoverIE have?

    discoverIE has 4,339 employees.

  • What is discoverIE revenue?

    Latest discoverIE annual revenue is £438.9 m.

  • What is discoverIE revenue per employee?

    Latest discoverIE revenue per employee is £101.2 k.

  • Who are discoverIE competitors?

    Competitors of discoverIE include Premier Farnell, Masabi and Elecosoft.

  • Where is discoverIE headquarters?

    discoverIE headquarters is located at 2, Chancellor Court, Surrey Research Park, Occam Road, Guildford.

  • Where are discoverIE offices?

    discoverIE has an office in Guildford.

  • How many offices does discoverIE have?

    discoverIE has 1 office.