MHA Plc

MHA Plc

1.57
EUR
-0.05
(-3.09%)
410.26MMarket Cap
Nov 19Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.34
0.42
0.55
- -
0.99
- -
Basic EPS, GAAP
0.12
0.16
0.2
- -
0.11
- -
Free Cash Flow per Basic Share
0.12
0.16
0.18
- -
0.28
- -
Dividend per Share
- -
0.01
0.01
- -
0.01
- -
Book Value per Share
0.12
0.19
0.23
0.07
0.19
0.19
Tangible Book Value per Share
0.09
0.15
0.17
-0.02
0.1
0.1
Basic Weighted Avg Shares
269
269
282
282
253
254
Sales/Revenue/Turnover
91
113
154
- -
251
- -
Operating Margin (%)
36.66
40.52
37.72
- -
15.64
- -
Depreciation Expense
3
3
4
- -
6
- -
Net Income, GAAP
32
44
56
- -
28
- -
Effective Tax Rate (%)
1.93
1.95
3.19
- -
22.67
- -
Profit Margin (%)
34.88
38.99
36.57
- -
11.18
- -
Working Capital
28
43
48
-5
26
26
LT Debt
21
16
15
- -
18
18
Total Equity
32
51
63
16
55
55
Return on Invested Capital (%)
- -
65.6
68.53
- -
59.88
- -
Return on Capital (%)
- -
70.44
74.81
- -
62.47
- -
Return on Common Equity (%)
- -
105.69
98.58
- -
79.16
- -

Capital Structure

GBP

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
3
5
LT Borrowings
- -
1
1
LT Finance Leases
- -
16
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
243
282
285
Market Capitalization
- -
414
359

Working Capital

GBP

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
92
109
116
Cash, Cash Equivalents & STI
- -
27
29
Accounts Receivable, Net
- -
81
50
Inventories
- -
- -
- -
Total Current Liabilities
97
89
90
Payables & Accruals
- -
- -
- -
ST Debt
- -
3
5
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
238.81%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
154
2025
- -
- -
- -
2026
- -
- -
251

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.2
2025
- -
- -
- -
2026
- -
- -
0.11

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
- -
2026
- -
- -
0.01

Company Description

CEO
Rakesh Shaunak
Full Time Employees
2,300
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
The Pinnacle Milton Keynes BU United Kingdom MK9 1LZ
IPO Date
Apr 15, 2025
Website
mha.co.uk
Business
MHA Plc (MHA.L) provides audit and assurance, tax, accountancy, and advisory services to enterprises and individuals across multiple sectors including financial services, manufacturing and distribution, real estate and construction, life sciences and pharmaceuticals, retail, consumer, hospitality, technology, and professional services; core offerings encompass external audit, financial reporting, governance, risk and compliance, grant and royalty audit, corporate tax, private client tax, sustainability and ESG consulting, corporate finance, restructure and recovery, corporate forensic accounting, HR solutions, payroll, bookkeeping, cloud accounting, outsourcing, VAT, counter fraud, business strategy, and wealth management through MHA Wealth Limited. The company operates primarily in the United Kingdom with 30 offices and over 2,350 employees including 153 partners, extending internationally through subsidiaries and affiliates in Ireland, Cayman Islands, Cyprus, Greece, Romania, Bulgaria, and Moldova as the UK and regional representative of Baker Tilly International. Founded in 1869 with predecessor firms including a founding member of the Institute of Chartered Accountants in England and Wales, MHA is headquartered at The Pinnacle, 150 Midsummer Boulevard, Milton Keynes, Buckinghamshire, MK9 1LZ. In April 2025, MHA completed a successful initial public offering on the AIM market of the London Stock Exchange, raising £98 million in the largest AIM IPO of the year and enabling accelerated growth initiatives; revenue for the year ended 31 March 2025 rose 45% to £224.2 million driven by organic expansion and acquisitions, with adjusted EBITDA up 32% to £41.1 million. In August 2025, MHA acquired Baker Tilly South-East Europe, enhancing its mainland European presence in audit, tax, advisory, legal, and corporate services across Cyprus, Greece, and the region, while integrating AI tools like automation for tax processing and ChatGPT Enterprise for around 50% of its workforce to boost efficiencies.