Summary - Funding Rounds

Founding Date

2009

Total Funding

$60.6 m

Investors

Aldermore Bank is a subsidiary of FirstRand

Aldermore Bank Income Statement

Annual

GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Revenue

237.0k7.1m6.9m7.7m43.8m79.9m132.3m191.7m266.6m332.2m392.8m652.0m

Revenue growth, %

39%25%18%

Cost of goods sold

2.9m

Gross profit

4.0m

Gross profit Margin, %

58%

Operating expense total

2.2m(869.0k)

EBITDA

5.2m

EBITDA margin, %

76%

EBIT

(1.0m)(1.4m)(1.2m)(1.6m)(1.8m)(2.9m)(1.9m)(2.0m)4.9m6.6m37.2m61.4m106.2m142.8m232.3m

EBIT margin, %

(846%)71%5%19%23%32%36%36%

Pre tax profit

1.0m1.3m1.6m1.4m1.5m1.8m2.0m2.1m2.5m2.1m2.3m2.5m1.8m(1.0m)(8.8m)(899.0k)1.5m25.7m51.8m95.8m127.3m212.8m

Income tax expense

(353.0k)(593.0k)(384.0k)(447.0k)(451.0k)(574.0k)(555.0k)(587.0k)(731.0k)(639.0k)(668.0k)(745.0k)(622.0k)195.0k7.0k14.0k(12.1m)(15.7m)(35.0m)(56.9m)

Net Income

667.0k751.0k1.3m982.0k1.0m1.3m1.4m1.5m1.8m1.4m1.6m1.7m1.2m(852.0k)(8.8m)(892.0k)1.5m25.7m39.7m80.1m92.3m155.9m

Aldermore Bank Balance Sheet

Annual

GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Cash

84.0k187.0k125.0k1.7m192.8m79.6m105.3m116.4m508.8m

Accounts Receivable

50.3m58.9m363.1m518.3m748.9m4.0b1.3b1.5b8.2b9.9b

Current Assets

10.5m11.9m14.5m16.8m19.0m19.9m25.9m31.1m32.8m41.5m51.4m50.6m71.1m59.6m373.2m545.6m794.8m4.2b1.3b1.6b8.4b10.5b

PP&E

1.6m1.8m1.2m1.8m1.4m1.3m2.1m2.7m1.8m1.6m2.3m1.9m1.7m1.1m3.8m7.4m11.4m2.9m2.8m3.4m3.1m3.7m

Goodwill

18.4m19.8m21.9m

Total Assets

12.1m13.8m15.7m18.6m20.4m21.2m28.0m33.8m34.7m43.1m53.6m65.8m73.8m86.0m752.3m1.6b2.5b4.2b5.6b7.0b8.4b10.5b

Accounts Payable

577.0k540.0k209.0k304.0k277.0k73.0k107.0k4.0k78.0k90.0k42.8m52.0m1.4m26.0m137.8m943.9m3.1b3.8b4.7b7.5b9.5b

Current Liabilities

6.0m7.0m7.7m9.7m10.6m8.7m15.5m20.2m20.1m26.4m36.8m45.5m55.0m2.4m52.0m178.3m1.0b3.2b4.2b5.0b7.8b9.7b

Non-Current Liabilities

1.6m162.0k1.3m2.3m65.8m608.7m1.2b1.3b736.8m1.0b1.5b800.0k1.0m

Total Debt

117.0k2.1m

Total Liabilities

6.0m7.0m7.7m9.7m10.6m10.3m15.5m20.3m20.1m27.6m36.8m47.8m55.0m68.2m660.7m1.4b2.3b3.9b5.2b6.5b7.8b9.7b

Common Stock

2.0m2.0m2.0m2.0m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m3.3m3.3m3.3m3.3m3.3m3.3m3.3m3.3m

Retained Earnings

19.6m59.3m139.7m225.5m380.4m

Total Equity

6.1m6.8m8.0m8.9m9.8m10.9m12.4m13.5m14.6m15.5m16.8m18.0m18.7m17.9m91.6m166.1m172.3m259.4m374.8m527.3m619.4m766.7m

Debt to Equity Ratio

0 x0.1 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

2 x2 x2 x2.1 x2.1 x2 x2.2 x2.5 x2.4 x2.8 x3.2 x3.7 x3.9 x4.8 x8.2 x9.4 x14.6 x16.2 x14.9 x13.3 x13.6 x13.7 x

Aldermore Bank Cash Flow

Annual

GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Net Income

667.0k751.0k1.3m982.0k1.0m1.3m1.4m1.5m1.8m1.4m1.6m1.7m1.2m(852.0k)(8.8m)(892.0k)1.5m25.7m39.7m80.1m92.3m155.9m

Cash From Operating Activities

649.0k335.0k432.0k1.0m1.1m1.4m443.0k1.9m671.0k3.3m4.1m1.1m2.9m296.4m(205.7m)49.3m632.6m

Dividends Paid

50.0k77.0k87.0k87.0k400.0k400.0k450.0k450.0k500.0k500.0k500.0k500.0k

Cash From Financing Activities

300.0k327.0k56.4m69.1m65.5m45.3m(88.4m)

Net Change in Cash

478.0k441.0k103.0k187.0k871.0k788.0k1.1m99.0k485.0k1.4m1.6m577.0k975.0k331.5m(301.0m)15.9m(2.0m)411.2m

Income Taxes Paid

14.0k(12.1m)(15.7m)(35.0m)

Aldermore Bank Operating Metrics

FY, 2015FY, 2016

Customers

195.06 k222.92 k

Aldermore Bank Employee Rating

3.596 votes
Culture & Values
3.5
Work/Life Balance
3.7
Senior Management
3.3
Salary & Benefits
3.6
Career Opportunities
3.4
Source