HS Marston Aerospace financials

HS Marston Aerospace Revenue

HS Marston Aerospace revenue was £49.68 m in FY, 2020 which is a 27.5% year over year decrease from the previous period.

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Summary - Funding Rounds

Founding Date	1991

HS Marston Aerospace is a subsidiary of Collins Aerospace

HS Marston Aerospace Revenue Breakdown

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HS Marston Aerospace revenue breakdown by business segment: 95.2% from Production and 4.8% from Other

HS Marston Aerospace revenue breakdown by geographic segment: 10.3% from Rest of Europe, 66.8% from North America, 9.0% from Rest of the World and 13.8% from United Kingdom

Annual

GBP	FY, 2018	FY, 2019	FY, 2020
Revenue	57.0m	68.5m	49.7m
Revenue growth, %	14%	20%	(28%)
Cost of goods sold	46.0m	49.6m	44.1m
Gross profit	11.0m	19.0m	5.6m
Gross profit Margin, %	19%	28%	11%
General and administrative expense	7.6m	8.6m	12.7m
Operating expense total	7.6m	8.6m	12.7m
EBIT	3.4m	10.3m	(6.2m)
EBIT margin, %	6%	15%	(12%)
Interest expense	803.0k	520.0k	110.0k
Interest income	25.0k	65.0k	127.0k
Pre tax profit	3.0m	10.2m	(4.0m)
Income tax expense	29.0k	1.6m	294.0k
Net Income	2.9m	8.6m	(4.3m)

Annual

GBP	FY, 2018	FY, 2019	FY, 2020
Accounts Receivable	3.8m	5.9m	3.3m
Prepaid Expenses	129.0k	228.0k	167.0k
Inventories	12.6m	16.6m	17.9m
Current Assets	34.3m	31.8m	35.4m
PP&E	11.0m	11.3m	11.5m
Goodwill	1.2m	1.2m	1.2m
Total Assets	46.7m	44.5m	48.2m
Accounts Payable	4.0m	8.0m	2.9m
Short-term debt	23.6m	18.6m	50.0k
Current Liabilities	42.5m	31.7m	21.5m
Long-term debt	10.6m	52.0k	59.0k
Non-Current Liabilities	12.3m	1.1m	1.3m
Total Debt	34.2m	18.7m	109.0k
Total Liabilities	54.8m	32.8m	22.8m
Common Stock	10.8m	10.8m	10.8m
Additional Paid-in Capital		10.6m
Retained Earnings	(6.4m)	(1.8m)	98.9m
Total Equity	4.4m	19.6m	109.7m
Debt to Equity Ratio	7.9 x	1 x	0 x
Debt to Assets Ratio	0.7 x	0.4 x	0 x
Financial Leverage	10.7 x	2.3 x	0.4 x