Cobham annual revenue was £2.06 b in FY 2019

Cobham Revenue growth (FY, 2018 - FY, 2019), %11%

Cobham Gross profit (FY, 2019)545.8 M

Cobham Gross profit margin (FY, 2019), %26.5%

Cobham Net income (FY, 2019)63.4 M

Cobham EBIT (FY, 2019)83.2 M

Cobham Cash, 31-Dec-2019419 M

Cobham revenue was £2.06 b in FY, 2019 which is a 10.5% year over year increase from the previous period.

## Founding Date | 1934 |

Cobham revenue breakdown by business segment: 32.1% from Advanced Electronic Solutions, 25.0% from Communications and Connectivity, 15.6% from Aviation Services and 27.2% from Mission Systems

Cobham revenue breakdown by geographic segment: 7.2% from Asia, 10.7% from Australia, 14.8% from Other EU, 6.7% from UK, 57.3% from USA and 3.3% from Other

GBP | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 2.1b | 1.9b | 2.1b |

| 6% | (9%) | 11% |

## Cost of goods sold | 1.5b | 1.5b | 1.5b |

## Gross profit | 594.6m | 323.4m | 545.8m |

| 29% | 17% | 27% |

## Operating expense total | 490.5m | 438.5m | 468.5m |

## EBIT | 104.1m | 111.9m | 83.2m |

| 5% | 6% | 4% |

## Interest expense | 40.6m | 22.0m | 23.5m |

## Interest income | 3.9m | 4.5m | 5.1m |

## Pre tax profit | 66.9m | 71.0m | 69.4m |

## Income tax expense | (11.9m) | (2.7m) | 6.0m |

## Net Income | 78.8m | 73.7m | 63.4m |

## EPS | 0.0 | 0.0 | 0.0 |

GBP | H1, 2018 | H1, 2019 |
---|---|---|

## Revenue | 924.5m | 1.0b |

## Cost of goods sold | 714.6m | 744.1m |

## Gross profit | 209.9m | 284.8m |

| 23% | 28% |

## Operating expense total | 217.4m | 215.9m |

## EBIT | 208.8m | 68.7m |

| 23% | 7% |

## Interest expense | 13.3m | 11.7m |

## Interest income | 4.2m | 2.8m |

## Pre tax profit | 179.3m | 60.5m |

## Income tax expense | 13.9m | 12.6m |

## Net Income | 165.4m | 47.9m |

GBP | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 236.2m | 451.9m | 406.9m | 419.0m |

## Accounts Receivable | 307.5m | 235.7m | 259.1m | 222.0m |

## Inventories | 405.3m | 389.4m | 276.0m | 269.0m |

## Current Assets | 1.1b | 1.4b | 1.1b | 1.1b |

## PP&E | 422.9m | 380.9m | 388.2m | 473.6m |

## Total Assets | 2.8b | 2.8b | 2.6b | 2.5b |

## Accounts Payable | 155.3m | 140.7m | 171.8m | 115.7m |

## Short-term debt | 60.9m | 100.0k | 58.6m | 141.1m |

## Current Liabilities | 864.0m | 770.5m | 862.4m | 851.7m |

## Long-term debt | 1.2b | 835.3m | 338.0m | 171.3m |

## Non-Current Liabilities | 1.4b | 994.6m | 543.8m | 440.0m |

## Total Debt | 1.3b | 835.4m | 396.6m | 312.4m |

## Total Liabilities | 2.3b | 1.8b | 1.4b | 1.3b |

## Common Stock | 44.6m | 61.7m | 61.7m | 61.7m |

## Additional Paid-in Capital | 778.3m | 1.3b | 1.3b | 1.3b |

## Retained Earnings | (372.0m) | (284.0m) | (161.7m) | (161.7m) |

## Total Equity | 489.9m | 1.0b | 1.2b | 1.2b |

## Debt to Equity Ratio | 2.6 x | 0.8 x | 0.3 x | 0.3 x |

## Debt to Assets Ratio | 0.5 x | 0.3 x | 0.2 x | 0.1 x |

## Financial Leverage | 5.7 x | 2.7 x | 2.2 x | 2.1 x |

USD | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Cash | 482.5m | 333.7m | 393.7m |

## Inventories | 415.8m | 275.3m | 288.0m |

## Current Assets | 1.3b | 1.1b | 1.2b |

## PP&E | 403.0m | 375.8m | 469.5m |

## Total Assets | 2.9b | 2.5b | 2.6b |

## Short-term debt | 57.9m | 12.5m | 229.4m |

## Current Liabilities | 824.5m | 734.8m | 920.9m |

## Long-term debt | 885.4m | 374.8m | 312.6m |

## Non-Current Liabilities | 1.1b | 523.8m | 454.0m |

## Total Debt | 943.3m | 387.3m | 542.0m |

## Total Liabilities | 1.9b | 1.3b | 1.4b |

## Common Stock | 61.7m | 61.7m | 61.7m |

## Additional Paid-in Capital | 1.3b | 1.3b | 1.3b |

## Retained Earnings | (342.5m) | (73.0m) | (122.4m) |

## Total Equity | 993.6m | 1.3b | 1.2b |

## Debt to Equity Ratio | 0.9 x | 0.3 x | 0.4 x |

## Debt to Assets Ratio | 0.3 x | 0.2 x | 0.2 x |

## Financial Leverage | 2.9 x | 2 x | 2.1 x |

GBP | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Depreciation and Amortization | 223.9m | 169.1m | 194.2m |

## Accounts Receivable | 24.1m | (13.9m) | 29.8m |

## Inventories | (26.7m) | (10.9m) | (2.3m) |

## Accounts Payable | 71.1m | 20.7m | (2.0m) |

## Cash From Operating Activities | 215.2m | 125.3m | 188.1m |

## Purchases of PP&E | (69.0m) | (63.4m) | (73.4m) |

## Cash From Investing Activities | (75.5m) | 262.0m | (68.7m) |

## Long-term Borrowings | (359.6m) | (470.3m) | (65.7m) |

## Dividends Paid | (100.0k) | (9.5m) | |

## Cash From Financing Activities | 137.5m | (470.3m) | (75.2m) |

## Net Change in Cash | 277.2m | (83.0m) | 44.2m |

## Interest Paid | 41.6m | 43.5m | 69.4m |

## Income Taxes Paid | 32.2m | 25.5m | 37.6m |

GBP | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|

## Depreciation and Amortization | 113.8m | 84.9m | 96.4m |

## Accounts Receivable | (40.0m) | (10.0m) | 14.1m |

## Inventories | (22.4m) | (16.4m) | (10.0m) |

## Accounts Payable | 27.0m | (13.1m) | (39.5m) |

## Cash From Operating Activities | 129.5m | 30.2m | 12.2m |

## Purchases of PP&E | (21.7m) | (20.6m) | (27.7m) |

## Cash From Investing Activities | (27.1m) | 303.3m | (22.3m) |

## Long-term Borrowings | (281.5m) | (469.9m) | (8.9m) |

## Dividends Paid | (91.6m) | ||

## Cash From Financing Activities | 215.5m | (469.9m) | (8.9m) |

## Net Change in Cash | 279.5m | (136.4m) | (19.0m) |

## Interest Paid | 34.8m | 25.3m | |

## Income Taxes Paid | 17.0m | 59.1m |

GBP | FY, 2016 |
---|---|

## Debt/Equity | 2.6 x |

## Debt/Assets | 0.5 x |

## Financial Leverage | 5.7 x |

FY, 2014 | H1, 2015 | FY, 2015 | H1, 2016 | FY, 2016 | H1, 2017 | FY, 2017 | H1, 2018 | FY, 2018 | H1, 2019 | |
---|---|---|---|---|---|---|---|---|---|---|

## Countries | 100 | 100 | 100 | 100 | 100 | |||||

## Order Intake | £1.91 b | £960 m | £2.15 b | £1.17 b | £2.08 b | £915.8 m | £1.92 b | £1.03 b | £1.95 b | £970.2 m |

## Book-to-Bill Ratio | 103% | 100% | 104% | 128% | 107% | 93% | 111% | 111% | 94% | |

## Order Volume | £2.51 b | £2.34 b | £2.48 b | £2.94 b | £2.95 b | £2.7 b | ||||

## Twelve-Month Backlog | £1.13 b | £1.3 b | £1.37 b | |||||||

## Order Book (Advanced Electronic Solutions) | £630.1 m | £606.4 m | £679.5 m | |||||||

## Order Book (Aviation Services) | £1.04 b | £1.07 b | £1.44 b | £1.28 b | £1 b | £877.5 m | ||||

## Order Book (Communications and Connectivity) | £263.4 m | £284.1 m | £268.8 m | |||||||

## Order Book (Mission Systems) | £646.1 m | £762 m | £785.8 m | |||||||

## Order Intake (Advanced Electronic Solutions) | £257.2 m | £563 m | £379.6 m | £721.6 m | £346.6 m | |||||

## Order Intake (Aviation Services) | £86 m | £122.4 m | £74.8 m | £228.7 m | £47.9 m | |||||

## Order Intake (Communications and Connectivity) | £354.5 m | £715.2 m | £336.2 m | £597.1 m | £254.6 m | |||||

## Order Intake (Mission Systems) | £219.6 m | £518.2 m | £237.1 m | £400.5 m | £321.8 m |