£36.5 M

Horizon Discovery Revenue FY, 2017
Horizon Discovery Gross profit (FY, 2017)22.7 M
Horizon Discovery Gross profit margin (FY, 2017), %62.1%
Horizon Discovery Net income (FY, 2017)-9.6 M
Horizon Discovery EBITDA (FY, 2017)-8.2 M
Horizon Discovery EBIT (FY, 2017)-13.9 M
Horizon Discovery Cash, 31-Dec-201728.1 M

Horizon Discovery Revenue

Horizon Discovery revenue was £36.51 m in FY, 2017

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Horizon Discovery Income Statement

Annual

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

6.6 m11.9 m20.2 m24.1 m36.5 m

Revenue growth, %

79%69%

Cost of goods sold

3.2 m5.4 m10.2 m11 m13.8 m

Gross profit

3.4 m6.6 m10 m13.1 m22.7 m

Gross profit Margin, %

52%55%49%54%62%

Operating expense total

6.4 m12.7 m20.3 m25.5 m36.6 m

EBITDA

(2 m)(4 m)(6.6 m)(8.4 m)(8.2 m)

EBITDA margin, %

(30%)(34%)(33%)(35%)(22%)

EBIT

(2.9 m)(6.1 m)(10.3 m)(12.4 m)(13.9 m)

EBIT margin, %

(44%)(51%)(51%)(51%)(38%)

Pre tax profit

(3 m)(6.1 m)(10.5 m)(12.5 m)(14.3 m)

Income tax expense

72.6 k150 k661 k1 m4.7 m

Net Income

(3 m)(5.9 m)(9.9 m)(11.4 m)(9.7 m)

Horizon Discovery Balance Sheet

Annual

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

4.2 m18.5 m25.1 m6.1 m28.1 m

Accounts Receivable

1.4 m3.9 m7 m10.2 m16 m

Inventories

453 k1.3 m1.8 m2 m2.6 m

Current Assets

6.7 m25.8 m36.5 m20.6 m51.2 m

PP&E

3.6 m7 m8 m12 m13.1 m

Goodwill

561.9 k32.9 m44.4 m

Total Assets

10.9 m65.7 m88.9 m87.4 m193.2 m

Accounts Payable

1.4 m4.1 m3.9 m5.4 m8.4 m

Current Liabilities

2.7 m5.9 m6.8 m8.7 m11.6 m

Non-Current Liabilities

270.9 k1.3 m2.2 m813 k10.5 m

Total Liabilities

3 m7.2 m9 m9.5 m22 m

Additional Paid-in Capital

1.8 k2.4 m2.6 m2.6 m3.1 m

Retained Earnings

(3 m)(5.9 m)(9.9 m)(11.4 m)(9.7 m)

Total Equity

7.9 m58.6 m79.9 m77.9 m171.2 m

Financial Leverage

1.4 x1.1 x1.1 x1.1 x1.1 x

Horizon Discovery Cash Flow

Annual

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(3 m)(5.9 m)(9.9 m)(11.4 m)(9.7 m)

Cash From Operating Activities

(2.2 m)(6.5 m)(11 m)(8.2 m)(13.9 m)

Cash From Financing Activities

3.7 m37.6 m24.3 m141 k77.6 m

Net Change in Cash

496.6 k14.3 m6.6 m(19.4 m)21.5 m

Income Taxes Paid

72.6 k150 k661 k

Horizon Discovery Ratios

GBPY, 2017

Revenue/Employee

151.8 k

Financial Leverage

1.1 x
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