Softcat

OverviewSuggest Edit

Softcat is an IT infrastructure provider, delivering software licensing, hardware, security, managed services, cloud services and related IT services to customers in the UK. The Company sells and supports products and solutions from the world's leading IT companies. It offers a full range of services, including advice, guidance, technical design, product sourcing, implementation, support and project management. 

TypePublic
Founded1993
HQMarlow, GB
Websitesoftcat.com

Latest Updates

Employees (est.) (Jun 2022)1,681
Job Openings252
Revenue (FY, 2021)£1.2 B(+8%)
Share Price (Aug 2022)£13.7(+2%)
Cybersecurity ratingCMore
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Key People/Management at Softcat

Graeme Watt

Graeme Watt

Executive Director and Chief Executive
Martin Hellawell

Martin Hellawell

Chairman
Graham Charlton

Graham Charlton

Executive Director and Chief Financial Officer
Vin Murria

Vin Murria

Independent Non-Executive Director
Richard Wyn Griffith

Richard Wyn Griffith

Managing Director
Richard Lecoutre

Richard Lecoutre

Finance Director
Show more

Softcat Office Locations

Softcat has offices in Marlow, Birmingham, Bristol, Glasgow and in 10 other locations
Marlow, GB (HQ)
Softcat plc (Head Office, Fieldhouse Ln
Birmingham, GB
3rd floor, Interchange Place, 151-165 Edmund St
Bristol, GB
4th floor, WYNDHAM COURT, 12 -20 Pritchard St
Glasgow, GB
8 Nelson Mandela Pl
Leeds, GB
Ground Floor, Toronto Square, Infirmary St
London, GB
One Creechurch Ln
Show all (15)

Softcat Financials and Metrics

Softcat Revenue

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Softcat's revenue was reported to be £1.16 b in FY, 2021
GBP

Revenue (H1, 2022)

770.9m

Gross profit (H1, 2022)

152.7m

Gross profit margin (H1, 2022), %

19.8%

Net income (H1, 2022)

52.0m

EBITDA (H1, 2022)

66.6m

EBIT (H1, 2022)

64.1m

Market capitalization (3-Aug-2022)

2.7b

Closing stock price (3-Aug-2022)

13.7

Cash (31-Jan-2022)

74.3m

EV

2.7b
Softcat's current market capitalization is £2.7 b.
Annual
GBPFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

797.2m991.8m1.1b1.2b

Cost of goods sold

(620.3m)(779.2m)(837.8m)(875.4m)

Gross profit

176.9m212.7m239.3m281.3m

Gross profit Margin, %

22%21%22%24%
Half Year
GBPH1, 2019H1, 2020H1, 2021H1, 2022

Revenue

434.0m524.1m577.0m770.9m

Cost of goods sold

(338.5m)(410.9m)(440.0m)(618.3m)

Gross profit

95.4m113.3m136.9m152.7m

Gross profit Margin, %

22%22%24%20%
Annual
GBPFY, 2018FY, 2019FY, 2020FY, 2021

Cash

72.8m79.3m80.1m101.7m

Accounts Receivable

188.9m258.1m293.4m296.6m

Prepaid Expenses

2.8m4.4m3.3m4.0m

Inventories

8.6m11.1m11.7m38.4m
Half Year
GBPH1, 2019H1, 2020H1, 2021H1, 2022

Cash

52.8m49.4m71.2m74.3m

Accounts Receivable

220.9m257.0m257.8m362.3m

Prepaid Expenses

8.4m6.6m2.7m5.0m

Inventories

35.0m16.4m13.6m44.4m
Annual
GBPFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

68.0m84.5m93.7m119.4m

Depreciation and Amortization

1.8m1.5m1.6m2.6m

Inventories

(1.7m)(2.5m)(660.0k)(26.7m)

Accounts Payable

30.1m74.4m21.6m29.6m
Half Year
GBPH1, 2019H1, 2020H1, 2021H1, 2022

Net Income

33.9m40.5m57.1m64.1m

Depreciation and Amortization

767.0k1.6m1.3m1.3m

Inventories

(26.4m)(5.3m)(1.8m)(6.0m)

Accounts Payable

62.2m3.8m(34.8m)71.0m
GBPFY, 2018

EV/EBITDA

14.1 x

EV/EBIT

14.4 x

EV/CFO

17.3 x

Revenue/Employee

762.1k

Financial Leverage

2.9 x
Show all financial metrics

Softcat Operating Metrics

Softcat's Customers was reported to be 12.2 k in FY, 2016.
FY, 2015FY, 2016

Customers

11.4 k12.2 k

Vendors

200

Softcat Revenue Breakdown

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Softcat revenue breakdown by business segment: 43.3% from SOFTWARE, 48.1% from HARDWARE and 8.6% from SERVICES

Softcat revenue breakdown by geographic segment: 100.0% from UNITED KINGDOM

Softcat Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Softcat Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Softcat Online and Social Media Presence

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Softcat News and Updates

IT provider Softcat soars in full year results amid strong demand

IT services provider Softcat reports record full-year results to 31 July 2021 amid strong public sector demand and corporate recovery The post IT provider Softcat soars in full year results amid strong demand appeared first on CityAM.

Shares in IT firm Softcat jump as pandemic drives up profit

Shares in IT firm Softcat fizzed in morning trading after after the pandemic helped drive strong growth in both revenue The post Shares in IT firm Softcat jump as pandemic drives up profit appeared first on CityAM.

Softcat is top dog after trading update sends shares soaring

Softcat shares rocketed today after the IT infrastructure provider said it was materially ahead of expectations at this stage of the year. Shares jumped 20 per cent this morning to 707p following the news. Softcat said trading had continued to be strong since its last update on 28 November. …

Softcat's shares up as full-year profits look likely to beat expectations

UK provider of IT infrastructure Softcat said today it is likely to report operating profit ahead of expectations in its full-year results. Shares spiked following the news and were up 8.3 per cent at the time of writing. In a trading update ahead of its year end on 31 July, Softcat said the c…

UK's Softcat says FY profit to exceed prior expectations

Britain's Softcat Plc said its full-year adjusted operating profit would be well ahead of its prior expectations, helped by favourable market conditions.

Softcat Frequently Asked Questions

  • When was Softcat founded?

    Softcat was founded in 1993.

  • Who are Softcat key executives?

    Softcat's key executives are Graeme Watt, Martin Hellawell and Graham Charlton.

  • How many employees does Softcat have?

    Softcat has 1,681 employees.

  • What is Softcat revenue?

    Latest Softcat annual revenue is £1.2 b.

  • What is Softcat revenue per employee?

    Latest Softcat revenue per employee is £688.1 k.

  • Who are Softcat competitors?

    Competitors of Softcat include Claranet, Computacenter and Immeo.

  • Where is Softcat headquarters?

    Softcat headquarters is located at Softcat plc (Head Office, Fieldhouse Ln, Marlow.

  • Where are Softcat offices?

    Softcat has offices in Marlow, Birmingham, Bristol, Glasgow and in 10 other locations.

  • How many offices does Softcat have?

    Softcat has 15 offices.