The Access Group stock price, funding rounds, valuation and financials

The Access Group has raised $123.50 m in total funding. The Access Group valuation is £1 b, and annual revenue was £189 m in FY 2019

£1 B

The Access Group Mkt valuation

£189 M

The Access Group Revenue FY, 2019
The Access Group Gross profit (FY, 2019)141.5 M
The Access Group Gross profit margin (FY, 2019), %74.8%
The Access Group Net income (FY, 2019)27.1 M
The Access Group EBIT (FY, 2019)25.6 M
The Access Group Cash, 30-Jun-201914.7 M
The Access Group EV1.3 B

The Access Group Revenue

The Access Group revenue was £189 m in FY, 2019

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The Access Group Funding

Summary Metrics

Founding Date

1991

The Access Group total Funding

$123.5 m

The Access Group latest funding size

$43.62 m

Time since last funding

2 years ago

The Access Group investors

The Access Group's latest funding round in April 2018 was reported to be $43.6 m. In total, The Access Group has raised $123.5 m. The Access Group's latest valuation is reported to be £1 b.

The Access Group Revenue Breakdown

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The Access Group revenue breakdown by geographic segment: 92.5% from United Kingdom, 5.1% from Rest of the World and 2.3% from Other

The Access Group Income Statement

Annual

GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

68.9m85.9m101.1m143.1m189.0m

Revenue growth, %

18%42%

Cost of goods sold

24.6m25.4m27.9m35.5m47.5m

Gross profit

44.3m60.5m73.2m107.7m141.5m

Gross profit Margin, %

64%70%72%75%75%

Sales and marketing expense

7.7m8.1m8.1m

General and administrative expense

32.0m40.1m53.4m

Operating expense total

65.8m78.1m106.0m

Depreciation and amortization

1.0m24.5m27.8m40.2m3.8m

EBITDA

21.4m25.7m47.1m

EBITDA margin, %

25%25%33%

EBIT

(5.2m)(5.0m)1.7m25.6m

EBIT margin, %

(6%)(5%)1%14%

Interest expense

142.0k21.1m23.2m33.3m1.7m

Interest income

4.0k17.0k6.0k

Pre tax profit

7.2m(26.3m)(28.2m)(31.6m)23.9m

Income tax expense

520.0k(1.3m)1.3m493.0k(3.2m)

Net Income

6.7m(25.0m)(29.5m)(32.1m)27.1m

The Access Group Balance Sheet

Annual

GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

4.7m7.1m9.5m14.0m14.7m

Accounts Receivable

16.9m15.6m20.3m27.2m32.4m

Prepaid Expenses

4.8m9.4m13.7m

Inventories

16.0k

Current Assets

26.7m29.7m42.7m56.4m70.1m

PP&E

4.8m6.0m7.0m8.5m9.3m

Goodwill

176.5m201.3m239.6m

Total Assets

97.6m321.9m401.4m484.2m510.7m

Accounts Payable

34.4m1.5m3.4m263.0k5.8m

Short-term debt

2.8m2.8m1.5m19.2m

Current Liabilities

34.4m48.0m72.5m85.8m109.8m

Long-term debt

275.9m358.7m997.0k269.3m

Non-Current Liabilities

21.4m304.5m389.0m489.9m304.4m

Total Debt

278.8m361.5m2.5m288.5m

Total Liabilities

55.8m352.6m461.5m575.7m414.2m

Common Stock

42.0k15.0k16.0k16.0k42.0k

Additional Paid-in Capital

915.0k917.0k919.0k

Retained Earnings

40.8m(31.6m)(61.1m)(92.5m)95.5m

Total Equity

41.8m(30.6m)(60.1m)(91.5m)96.5m

Debt to Equity Ratio

-9.1 x-6 x0 x

Debt to Assets Ratio

0.9 x0.9 x0 x

Financial Leverage

2.3 x-10.5 x-6.7 x-5.3 x5.3 x

The Access Group Cash Flow

Annual

GBPFY, 2016FY, 2017FY, 2018

Net Income

(25.0m)(29.5m)(32.1m)

Depreciation and Amortization

24.6m27.8m39.9m

Accounts Receivable

1.2m(4.9m)(6.3m)

Inventories

16.0k

Accounts Payable

(4.1m)364.0k3.9m

Cash From Operating Activities

15.3m18.1m36.0m

Purchases of PP&E

(3.7m)(2.1m)(2.6m)

Cash From Investing Activities

(32.8m)(73.6m)(80.9m)

Long-term Borrowings

(2.0m)(361.2m)

Cash From Financing Activities

18.6m57.9m49.5m

Net Change in Cash

1.1m2.4m4.5m

Interest Paid

(7.3m)(9.4m)(27.0m)

Income Taxes Paid

(1.2m)(234.0k)(3.6m)

The Access Group Ratios

GBPY, 2019

EV/EBIT

49.7 x

Financial Leverage

5.3 x

The Access Group Operating Metrics

The Access Group's Enterprise Customers was reported to be 32 k in Mar, 2020. The Access Group's New Customers was reported to be 2.5 k in FY, 2018.
FY, 2016FY, 2017Apr, 2018FY, 2018Jun, 2019Mar, 2020

Enterprise Customers

10 k11.50 k12.70 k14 k16 k32 k

New Customers

1.11 k1.48 k2.50 k

The Access Group Employee Rating

3.1207 votes
Culture & Values
3.3
Work/Life Balance
3.2
Senior Management
3.1
Salary & Benefits
3.2
Career Opportunities
3.2
Source