£56.3 M

reed Revenue FY, 2018
reed Revenue growth (FY, 2017 - FY, 2018), %1%
reed Gross profit (FY, 2018)54.7 M
reed Gross profit margin (FY, 2018), %97.1%
reed Net income (FY, 2018)5 M
reed EBITDA (FY, 2018)6.3 M
reed EBIT (FY, 2018)6.1 M
reed Cash, 30-Jun-20182.7 M
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reed Revenue

reed revenue was £56.32 m in FY, 2018 which is a 1% year over year increase from the previous period.

Embed Graph

reed Funding

Summary Metrics

Founding Date

1960

reed Income Statement

Annual

GBPFY, 2016FY, 2017FY, 2018

Revenue

51.6m55.7m56.3m

Revenue growth, %

24%8%1%

Cost of goods sold

993.0k1.5m1.6m

Gross profit

50.6m54.2m54.7m

Gross profit Margin, %

98%97%97%

General and administrative expense

37.1m42.7m

Operating expense total

37.1m42.7m48.6m

EBITDA

6.3m

EBITDA margin, %

11%

EBIT

6.1m

EBIT margin, %

11%

Interest income

160.0k92.0k

Pre tax profit

13.6m11.6m6.2m

Income tax expense

2.8m2.3m1.2m

Net Income

10.8m9.2m5.0m

reed Balance Sheet

Annual

GBPFY, 2016FY, 2017FY, 2018

Cash

1.2m412.0k2.7m

Accounts Receivable

3.5m3.7m3.5m

Current Assets

37.1m44.0m48.1m

PP&E

508.0k551.0k409.0k

Total Assets

37.6m44.5m48.6m

Accounts Payable

841.0k1.1m480.0k

Current Liabilities

21.5m24.2m23.2m

Non-Current Liabilities

125.0k151.0k178.0k

Total Liabilities

21.6m24.4m23.3m

Retained Earnings

15.9m20.2m25.2m

Total Equity

15.9m20.2m25.2m

Financial Leverage

2.4 x2.2 x1.9 x

reed Cash Flow

Annual

GBPFY, 2018

Net Income

5.0m

reed Ratios

GBPFY, 2016

Revenue/Employee

130.1k

Financial Leverage

2.4 x

reed Operating Metrics

Jul, 2018

Applications Created a Day

160 k

Courses

26 k

Locations

350

Monthly Customers

7 m

Open Job Opportunities

401.43 k

Recruiters

25 k

reed Employee Rating

3.563 votes
Culture & Values
3.5
Work/Life Balance
3.9
Senior Management
3.3
Salary & Benefits
2.9
Career Opportunities
3.6
Source