Summary - Funding Rounds

Founding Date

1931
M&G Investments is a subsidiary of Prudential

M&G Investments Revenue Breakdown

Embed Graph

M&G Investments revenue breakdown by business segment: 97.7% from Management Fees and 2.3% from Other

M&G Investments Income Statement

Annual

GBPFY, 2016FY, 2017FY, 2018

Revenue

932.6m1.1b1.4b

Revenue growth, %

14%32%

Operating expense total

565.4m667.5m993.8m

EBITDA

416.8m

EBITDA margin, %

30%

EBIT

367.1m399.3m411.4m

EBIT margin, %

39%37%29%

Pre tax profit

407.3m463.1m423.7m

Income tax expense

79.9m91.6m(76.0m)

Net Income

327.4m371.6m347.7m

M&G Investments Balance Sheet

Annual

GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

55.3m51.9m58.9m93.4m3.0k2.0k2.0k27.0k31.0k33.0k44.0k54.0k57.0k81.0k89.0k95.0k99.0k429.9m474.8m423.8m362.2m434.4m342.6m

Accounts Receivable

525.0m55.8m47.5m645.4m709.4m527.4m

Prepaid Expenses

6.5m6.4m

Inventories

21.9m7.7m6.7m10.6m

Current Assets

171.6m171.1m178.2m237.3m68.9m103.2m68.9m69.1m72.3m74.9m67.8m71.1m67.7m101.0k135.0k148.0k138.0k1.1b1.2b1.2b1.3b1.5b1.5b

PP&E

3.0b3.6b3.7b4.1b39.5m41.0m41.0m41.0m39.5m39.5m39.5m150.9m8.0m6.7m5.2m3.5m104.1m

Total Assets

3.2b3.8b3.8b4.3b108.4m144.3m109.9m110.1m111.8m114.4m107.3m110.6m107.2m39.6m39.6m39.6m39.6m1.3b1.4b1.4b1.6b1.7b1.9b

Accounts Payable

514.9m13.4m5.9m501.9m463.5m321.4m

Short-term debt

21.3m

Current Liabilities

121.0m105.2m105.0m110.4m91.0k36.0m1.7m1.6m918.0k663.0k682.0k744.0k650.0k32.3m32.4m32.7m32.9m765.8m757.6m581.9m784.0m838.2m790.2m

Non-Current Liabilities

2.8b3.4b3.4b3.8b145.4m183.4m154.4m137.2m130.0m106.5m

Total Debt

2.9m5.7m10.3m21.3m

Total Liabilities

2.9b3.5b3.5b3.9b91.0k36.0m1.7m1.6m918.0k663.0k682.0k744.0k650.0k32.3m32.4m32.7m32.9m911.2m941.0m736.3m921.2m968.2m896.7m

Common Stock

18.6m18.7m18.8m19.2m21.6m21.6m21.6m21.6m21.6m21.6m21.6m21.6m21.6m100.0k100.0k100.0k100.0k100.0k100.0k100.0k100.0k100.0k100.0k

Retained Earnings

384.5m444.3m646.3m684.5m733.8m889.0m

Total Equity

274.2m310.4m324.2m394.7m108.3m108.3m108.3m108.5m110.9m113.7m106.6m109.8m106.5m7.3m7.2m7.0m6.8m357.4m424.1m621.9m673.4m752.2m1.0b

Debt to Equity Ratio

0 x0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x0 x

Financial Leverage

11.7 x12.3 x11.8 x11 x1 x1.3 x1 x1 x1 x1 x1 x1 x1 x5.4 x5.5 x5.7 x5.9 x3.5 x3.2 x2.2 x2.4 x2.3 x1.9 x

M&G Investments Cash Flow

Annual

GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

44.1m46.2m53.1m30.6m266.7m35.0m191.0k108.2m97.4m140.1m157.6m101.9m102.2m93.9m149.9m213.1m196.2m301.0m344.9m350.1m347.7m

Depreciation and Amortization

2.6m2.6m

Accounts Receivable

(219.0m)(63.3m)

Accounts Payable

195.4m13.6m

Cash From Operating Activities

65.1m50.8m67.2m42.9m157.6m318.2m329.0m259.5m289.6m312.2m261.8m

Purchases of PP&E

(993.0k)(1.1m)

Cash From Investing Activities

(50.9m)62.0m

Dividends Paid

26.9m29.9m34.5m276.7m35.0m191.0k108.0m95.0m137.3m164.7m98.7m105.5m193.1m150.0m213.3m196.4m234.7m285.0m150.0m(290.0m)(323.3m)196.9m

Cash From Financing Activities

(1.3m)2.1m2.0m37.8m(234.7m)(285.0m)(150.0m)(290.0m)(323.3m)(108.9m)

Net Change in Cash

2.3m3.4m7.1m34.5m7.1m82.4m42.2m(55.6m)(51.3m)51.0m(70.5m)

M&G Investments Ratios

GBPFY, 1996

Financial Leverage

11.7 x

M&G Investments Operating Metrics

FY, 2016FY, 2017

Assets Under Management

£266 b£298 b