Flat Iron Steak stock price, funding rounds, valuation and financials

Flat Iron Steak annual revenue was £14.48 m in FY 2018

£14.5 M

Flat Iron Steak Revenue FY, 2018
Flat Iron Steak Gross profit (FY, 2018)4.5 M
Flat Iron Steak Gross profit margin (FY, 2018), %31.4%
Flat Iron Steak Net income (FY, 2018)201.2 K
Flat Iron Steak EBIT (FY, 2018)438.3 K
Flat Iron Steak Cash, 26-Aug-20182 M

Flat Iron Steak Revenue

Flat Iron Steak revenue was £14.48 m in FY, 2018

Embed Graph

Flat Iron Steak Funding

Summary Metrics

Founding Date

2012

Flat Iron Steak Income Statement

Annual

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

Revenue

4.0m7.6m11.7m14.5m

Cost of goods sold

2.5m5.0m7.8m9.9m

Gross profit

1.5m2.6m3.9m4.5m

Gross profit Margin, %

37%34%33%31%

Depreciation and amortization

118.4k266.0k415.2k489.6k

EBIT

475.1k267.0k534.0k438.3k

EBIT margin, %

12%4%5%3%

Interest expense

16.5k33.5k78.1k115.7k

Interest income

120.089.0

Pre tax profit

458.6k233.4k456.1k322.6k

Income tax expense

96.4k50.9k(170.3k)121.4k

Net Income

362.2k182.5k626.5k201.2k

Flat Iron Steak Balance Sheet

Annual

GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

443.7k668.9k418.3k1.5m2.0m

Accounts Receivable

160.3k113.1k146.8k

Inventories

36.5k50.2k86.4k111.1k163.0k

Current Assets

640.4k815.4k743.5k3.2m3.8m

PP&E

622.7k1.1m2.6m2.9m2.9m

Total Assets

1.3m2.1m3.6m6.4m6.8m

Accounts Payable

439.4k293.8k334.1k525.5k1.1m

Short-term debt

72.0k232.0k500.0k500.0k

Current Liabilities

439.4k875.2k1.7m2.3m3.0m

Long-term debt

210.0k728.5k2.4m1.9m

Non-Current Liabilities

300.0k268.8k821.2k2.4m1.9m

Total Debt

282.0k960.5k2.9m2.4m

Total Liabilities

739.4k1.1m2.5m4.6m4.9m

Common Stock

1.01.01.01.01.0

Retained Earnings

53.3k401.0k583.6k1.3m1.5m

Total Equity

523.7k915.5k1.1m1.8m2.0m

Financial Leverage

2.4 x2.2 x3.2 x3.6 x3.5 x

Flat Iron Steak Ratios

GBPY, 2018

Financial Leverage

3.5 x