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, 2019The 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
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 | TA Associates, Lyceum Capital, Horizon Capital, Hg |
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
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
| GBP | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|
Revenue | 68.9m | 85.9m | 101.1m | 143.1m | 189.0m |
Revenue growth, % | 18% | 42% | |||
Cost of goods sold | 24.6m | 25.4m | 27.9m | 35.5m | 47.5m |
Gross profit | 44.3m | 60.5m | 73.2m | 107.7m | 141.5m |
Gross profit Margin, % | 64% | 70% | 72% | 75% | 75% |
Sales and marketing expense | 7.7m | 8.1m | 8.1m | ||
General and administrative expense | 32.0m | 40.1m | 53.4m | ||
Operating expense total | 65.8m | 78.1m | 106.0m | ||
Depreciation and amortization | 1.0m | 24.5m | 27.8m | 40.2m | 3.8m |
EBITDA | 21.4m | 25.7m | 47.1m | ||
EBITDA margin, % | 25% | 25% | 33% | ||
EBIT | (5.2m) | (5.0m) | 1.7m | 25.6m | |
EBIT margin, % | (6%) | (5%) | 1% | 14% | |
Interest expense | 142.0k | 21.1m | 23.2m | 33.3m | 1.7m |
Interest income | 4.0k | 17.0k | 6.0k | ||
Pre tax profit | 7.2m | (26.3m) | (28.2m) | (31.6m) | 23.9m |
Income tax expense | 520.0k | (1.3m) | 1.3m | 493.0k | (3.2m) |
Net Income | 6.7m | (25.0m) | (29.5m) | (32.1m) | 27.1m |
The Access Group Balance Sheet
Annual
| GBP | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|
Cash | 4.7m | 7.1m | 9.5m | 14.0m | 14.7m |
Accounts Receivable | 16.9m | 15.6m | 20.3m | 27.2m | 32.4m |
Prepaid Expenses | 4.8m | 9.4m | 13.7m | ||
Inventories | 16.0k | ||||
Current Assets | 26.7m | 29.7m | 42.7m | 56.4m | 70.1m |
PP&E | 4.8m | 6.0m | 7.0m | 8.5m | 9.3m |
Goodwill | 176.5m | 201.3m | 239.6m | ||
Total Assets | 97.6m | 321.9m | 401.4m | 484.2m | 510.7m |
Accounts Payable | 34.4m | 1.5m | 3.4m | 263.0k | 5.8m |
Short-term debt | 2.8m | 2.8m | 1.5m | 19.2m | |
Current Liabilities | 34.4m | 48.0m | 72.5m | 85.8m | 109.8m |
Long-term debt | 275.9m | 358.7m | 997.0k | 269.3m | |
Non-Current Liabilities | 21.4m | 304.5m | 389.0m | 489.9m | 304.4m |
Total Debt | 278.8m | 361.5m | 2.5m | 288.5m | |
Total Liabilities | 55.8m | 352.6m | 461.5m | 575.7m | 414.2m |
Common Stock | 42.0k | 15.0k | 16.0k | 16.0k | 42.0k |
Additional Paid-in Capital | 915.0k | 917.0k | 919.0k | ||
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 x | 0 x | ||
Debt to Assets Ratio | 0.9 x | 0.9 x | 0 x | ||
Financial Leverage | 2.3 x | -10.5 x | -6.7 x | -5.3 x | 5.3 x |
The Access Group Cash Flow
Annual
| GBP | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|
Net Income | (25.0m) | (29.5m) | (32.1m) |
Depreciation and Amortization | 24.6m | 27.8m | 39.9m |
Accounts Receivable | 1.2m | (4.9m) | (6.3m) |
Inventories | 16.0k | ||
Accounts Payable | (4.1m) | 364.0k | 3.9m |
Cash From Operating Activities | 15.3m | 18.1m | 36.0m |
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 | 18.6m | 57.9m | 49.5m |
Net Change in Cash | 1.1m | 2.4m | 4.5m |
Interest Paid | (7.3m) | (9.4m) | (27.0m) |
Income Taxes Paid | (1.2m) | (234.0k) | (3.6m) |
The Access Group Ratios
| GBP | Y, 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.
