## Founding Date | 2008 |

## Total Funding | $2.6 m |

## Investors | Seraphim Capital |

In total, TestPlant had raised $2.6 m. TestPlant is a subsidiary of Carlyle Group

GBP | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|---|

## Revenue | 5.5 m | 7.4 m | 9.1 m | |

## Revenue growth, % | 35% | 23% | ||

## Cost of goods sold | 358.1 k | 408.2 k | 628.8 k | |

## Gross profit | 5.1 m | 7 m | 8.4 m | |

## Gross profit Margin, % | 93% | 94% | 93% | |

## Operating expense total | 4.7 m | 6.1 m | 8.7 m | |

## EBITDA | 397.1 k | 1.1 m | 48.6 k | (917.4 k) |

## EBITDA margin, % | 7% | 15% | 1% | |

## EBIT | 397.1 k | 893.8 k | (230.9 k) | (917.4 k) |

## EBIT margin, % | 7% | 12% | (3%) | |

## Pre tax profit | 387.8 k | 890.6 k | (240.2 k) | (914.2 k) |

## Income tax expense | (1.8 k) | 43.3 k | 170.6 k | |

## Net Income | 386 k | 933.9 k | (69.6 k) | (914.2 k) |

GBP | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|---|---|---|---|---|---|

## Cash | 624.6 k | 119.4 k | 7.6 k | 12.8 k | 13.9 k | 1.1 m | 1.2 m | 2.9 m | 33 k |

## Accounts Receivable | 400.1 k | 952.4 k | 1.1 m | 1.7 m | 1.7 m | 1.3 m | 2 m | 1.7 m | |

## Inventories | 18.6 k | 23.3 k | |||||||

## Current Assets | 1 m | 1.1 m | 1.1 m | 1.7 m | 1.7 m | 3.5 m | 3.3 m | 6.5 m | 477.4 k |

## PP&E | 536.5 k | 143.3 k | 234.7 k | 203.4 k | |||||

## Goodwill | 1.4 m | 1.3 m | 1.2 m | ||||||

## Total Assets | 1.6 m | 1.6 m | 1.6 m | 2.3 m | 2.3 m | 5.1 m | 5.9 m | 8.5 m | 1.9 m |

## Accounts Payable | 17.8 k | 31.8 k | 184.1 k | 64.9 k | 33 k | 148.1 k | 139.1 k | 241.7 k | 1.2 k |

## Current Liabilities | 17.8 k | 31.8 k | 184.1 k | 214.9 k | 176 k | 4.1 m | 3.1 m | 4.5 m | 55 k |

## Non-Current Liabilities | 929.5 k | 2.3 m | |||||||

## Total Liabilities | 17.8 k | 31.8 k | 184.1 k | 214.9 k | 176 k | 4.1 m | 4.1 m | 6.8 m | 55 k |

## Additional Paid-in Capital | 1.6 m | 1.6 m | 1.5 m | 2.1 m | 2.1 m | 3 m | 3 m | 3.1 m | 1.8 m |

## Retained Earnings | 386 k | 692.3 k | (363.9 k) | (914.2 k) | |||||

## Total Equity | 1.6 m | 1.6 m | 1.4 m | 2.1 m | 2.1 m | 998.3 k | 1.9 m | 1.8 m | 1.8 m |

## Financial Leverage | 1 x | 1 x | 1.1 x | 1.1 x | 1.1 x | 5.1 x | 3.2 x | 4.8 x | 1 x |