Kerridge Commercial Systems Financials

£27.9 M

Revenue FY, 2016
Revenue growth (FY, 2015 - FY, 2016), %5%
Gross profit (FY, 2016)24.2 M
Gross profit margin (FY, 2016), %86%
Net income (FY, 2016)6.3 M
Cash, 30-Sep-20167.6 M

Financials

Summary - Funding Rounds

Founding Date

1977

Time since last funding

almost 3 years

Investors

Revenue/Financials

Income Statement

Annual

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

Revenue

28.5 m30.1 m26.5 m27.9 m

Revenue growth, %

6%(12%)5%

Cost of goods sold

4.5 m4.2 m4.8 m3.8 m

Gross profit

24 m25.9 m21.7 m24.2 m

Gross profit Margin, %

84%86%82%86%

Pre tax profit

2.6 m2 m6.5 m6.8 m

Net Income

1.7 m1.2 m7 m6.3 m

Balance Sheet

Annual

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

Cash

8.5 m8.1 m3.6 m7.6 m

Accounts Receivable

4.9 m4.6 m4.9 m4.8 m

Current Assets

16.1 m15.8 m15.6 m16.2 m

PP&E

1.2 m1.1 m7.8 m7.8 m

Goodwill

11.6 m7.3 m

Total Assets

28.9 m24.2 m23.4 m24 m

Accounts Payable

1.2 m1.3 m1.5 m1.1 m

Current Liabilities

13.7 m16.8 m11.4 m12.6 m

Total Liabilities

23.6 m17.9 m11.4 m12.6 m

Retained Earnings

1.7 m1.2 m5.5 m(605 k)

Total Equity

5.3 m6.3 m12 m11.4 m

Financial Leverage

5.5 x3.8 x1.9 x2.1 x

Cash Flow

Annual

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

Cash From Operating Activities

6.5 m7.7 m

Cash From Financing Activities

(2.2 m)(6.2 m)

Income Taxes Paid

(953 k)(790 k)437 k(482 k)

Ratios

GBPY, 2016

Revenue/Employee

127.6 k

Financial Leverage

2.1 x