Funding Circle (FCH.L) stock price, revenue, and financials

Funding Circle market cap is £534.8 m, and annual revenue was £167.4 m in FY 2019

£534.8 M

FCH.L Mkt cap, 07-May-2021

£5.1 M

Funding Circle Revenue H1, 2020
Funding Circle Net income (H1, 2020)-115.2 M
Funding Circle EBIT (H1, 2020)-113.5 M
Funding Circle Cash, 30-Jun-2020131.2 M
Funding Circle EV1.2 B

Funding Circle Revenue Breakdown

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Funding Circle revenue breakdown by business segment: 72.4% from Transaction fees, 18.2% from Servicing Fees, 6.3% from Net investment income and 3.2% from Other

Funding Circle Income Statement

Annual

GBPFY, 2017FY, 2018FY, 2019

Revenue

94.5m141.9m167.4m

Revenue growth, %

86%50%18%

Sales and marketing expense

38.7m57.8m66.5m

General and administrative expense

52.3m79.2m90.3m

Operating expense total

131.4m193.5m252.1m

Depreciation and amortization

6.8m8.2m14.9m

EBIT

(36.9m)(51.6m)(84.7m)

EBIT margin, %

(39%)(36%)(51%)

Interest expense

1.2m

Interest income

600.0k900.0k1.8m

Pre tax profit

(36.3m)(50.7m)(84.2m)

Income tax expense

(1.0m)(1.4m)500.0k

Net Income

(35.3m)(49.3m)(84.7m)

EPS

(0.1)(0.2)(0.2)

Half Year

GBPH1, 2018H1, 2019H1, 2020

Revenue

63.0m81.4m5.1m

Sales and marketing expense

24.7m35.2m22.4m

General and administrative expense

38.3m45.5m48.3m

Operating expense total

89.9m112.7m118.6m

Depreciation and amortization

6.1m7.1m20.6m

EBIT

(26.9m)(31.3m)(113.5m)

EBIT margin, %

(43%)(38%)(2225%)

Pre tax profit

(27.1m)(30.8m)(115.1m)

Income tax expense

200.0k100.0k

Net Income

(27.1m)(31.0m)(115.2m)

EPS

(0.1)(0.1)(0.3)

Funding Circle Balance Sheet

Annual

GBPFY, 2017FY, 2018FY, 2019

Cash

88.9m333.0m164.5m

Accounts Receivable

1.7m1.2m900.0k

Prepaid Expenses

3.7m6.0m4.2m

Current Assets

105.4m360.7m906.7m

PP&E

4.7m5.3m39.0m

Total Assets

167.9m430.1m995.5m

Accounts Payable

2.4m2.8m3.2m

Short-term debt

623.0m

Current Liabilities

14.1m26.9m645.8m

Long-term debt

29.8m

Total Debt

652.8m

Total Liabilities

14.5m27.7m676.5m

Common Stock

200.0k300.0k300.0k

Additional Paid-in Capital

278.0m291.8m292.3m

Retained Earnings

(152.0m)88.6m6.5m

Total Equity

153.4m402.4m319.0m

Debt to Equity Ratio

2 x

Debt to Assets Ratio

0.7 x

Financial Leverage

1.1 x1.1 x3.1 x

Half Year

GBPH1, 2018H1, 2019H1, 2020

Cash

65.2m270.0m131.2m

Current Assets

89.8m477.7m926.4m

PP&E

26.9m25.3m36.1m

Total Assets

176.3m576.6m1.0b

Short-term debt

152.4m724.9m

Current Liabilities

25.9m180.2m759.5m

Long-term debt

18.4m28.7m

Total Debt

170.8m753.6m

Total Liabilities

49.4m199.5m789.1m

Common Stock

200.0k400.0k400.0k

Additional Paid-in Capital

278.2m292.2m292.5m

Retained Earnings

(181.4m)57.7m(107.4m)

Total Equity

126.9m3.8b216.9m

Debt to Equity Ratio

0 x3.5 x

Debt to Assets Ratio

0.3 x0.7 x

Financial Leverage

1.4 x0.2 x4.6 x

Funding Circle Cash Flow

Annual

GBPFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

6.8m8.3m14.9m

Accounts Receivable

(2.9m)(9.3m)(9.1m)

Accounts Payable

4.5m8.6m700.0k

Cash From Operating Activities

(22.6m)(28.5m)(27.0m)

Purchases of PP&E

(1.3m)(2.3m)(2.7m)

Cash From Investing Activities

(12.7m)(13.5m)(751.8m)

Long-term Borrowings

(229.9m)

Dividends Paid

(500.0k)

Cash From Financing Activities

81.9m285.6m612.4m

Net Change in Cash

46.6m243.6m(166.4m)

Half Year

GBPH1, 2018H1, 2019H1, 2020

Depreciation and Amortization

6.1m7.1m8.2m

Accounts Receivable

(6.4m)(4.4m)(18.8m)

Accounts Payable

6.1m6.2m4.8m

Cash From Operating Activities

(15.4m)(18.1m)(600.0k)

Purchases of PP&E

(1.3m)(2.2m)(400.0k)

Cash From Investing Activities

(7.4m)(188.3m)(126.9m)

Long-term Borrowings

(1.4m)(2.8m)(304.8m)

Cash From Financing Activities

(1.2m)143.2m91.9m

Net Change in Cash

(24.0m)(63.2m)(35.6m)

Funding Circle Ratios

GBPFY, 2017

Revenue/Employee

232.6k

Financial Leverage

1.1 x

Funding Circle Operating Metrics

FY, 2015FY, 2016FY, 2017Aug, 2018FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020

Loans Under Management

£845.6 m£1.37 b£2.11 b£3.15 b£3.54 b£3.7 b£3.72 b

Loans Originated

£727.65 m£1.07 b£1.74 b£2.29 b£1.19 b£2.4 b£1.11 b

Loans Under Management (UK)

£653.2 m£1.03 b£1.58 b£2.18 b£2.58 b£2.57 b

Loans Under Management (UK), units

12.16 k18.83 k30.35 k

Loans Originated (UK)

£530.59 m£823.19 m£1.26 b£1.53 b£1.56 b£662 m

Loans Originated (UK), units

7.44 k11.11 k18.09 k

Lenders

80 k

Loans Originated (Developing Markets)

£78 m£165 m£175 m£40 m

Loans Originated (US)

£396 m£602 m£619 m£410 m

Loans Under Management (Developing Markets)

£96 m£204 m£266 m£252 m

Loans Under Management (US)

£427 m£761 m£882 m£904 m

Small Businesses Served

50 k80 k90 k

Funding Circle Human Capital

Job Roles

FY, 2019FY, 2018
Male (Leadership), percent28%33.5%
Female (Leadership), percent22%16.5%
Male (Board), percent40%40%
Female (Board), percent10%10%
FY, 2019FY, 2018FY, 2017
Male, percent62.5%64%63%
Female, percent37.5%36%37%

Ethnicity

FY, 2017
Hispanic, percent10%
Asian, percent30%
White, percent54%
Other6%

Funding Circle Employee Rating

3.9329 votes
Culture & Values
3.9
Work/Life Balance
4.2
Senior Management
3.5
Salary & Benefits
3.6
Career Opportunities
3.6
Source