Midwich Group Plc

Midwich Group Plc

1.98
EUR
+0.07
(+3.66%)
208.56MMarket Cap
Mar 23Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.32
3.99
3.96
4.92
5.94
7.22
8.66
8.19
9.72
13.64
13.51
12.89
12.54
- -
Basic EPS, GAAP
0.09
0.07
0.06
0.11
0.17
0.18
0.22
-0.04
0.14
0.17
0.28
0.16
-0.22
- -
Free Cash Flow per Basic Share
0.04
0.11
0.21
0.02
0.18
0.27
0.12
0.42
0.06
0.17
0.5
0.2
0.43
- -
Dividend per Share
0.04
- -
- -
0.02
0.11
0.14
0.16
- -
0.06
0.12
0.16
0.17
0.09
- -
Book Value per Share
0.29
0.05
0.09
0.57
0.63
0.67
0.73
1.13
1.19
1.37
1.71
1.77
1.55
1.55
Tangible Book Value per Share
- -
-0.25
-0.19
0.28
0.23
0.22
0.16
0.47
0.36
0.1
0.05
-0.03
0.17
0.17
Basic Weighted Avg Shares
70
70
79
75
79
79
79
87
88
88
96
102
103
103
Sales/Revenue/Turnover
234
281
314
370
472
574
686
712
856
1,204
1,295
1,317
1,292
- -
Operating Margin (%)
4.05
3.55
4.04
3.91
4.48
4.35
3.69
1.07
2.45
2.95
3.21
1.83
-1.29
- -
Depreciation Expense
1
3
3
4
5
8
10
12
13
17
21
23
26
- -
Net Income, GAAP
7
5
5
8
14
15
17
-4
12
15
27
16
-23
- -
Effective Tax Rate (%)
22.83
27.15
32.09
29.27
26.03
27.45
23.47
- -
28.7
32.35
20.85
23.97
- -
- -
Profit Margin (%)
2.8
1.71
1.59
2.22
2.87
2.56
2.5
-0.53
1.45
1.27
2.07
1.22
-1.75
- -
Working Capital
6
3
-4
23
25
31
43
66
82
124
132
150
158
158
LT Debt
- -
14
6
- -
- -
16
36
35
60
100
113
158
164
164
Total Equity
26
8
12
47
53
58
65
106
114
134
196
189
160
160
Return on Invested Capital (%)
- -
11.83
13.1
13.06
14.93
15.03
13.28
- -
7.34
9.04
9.7
4.65
- -
- -
Return on Capital (%)
- -
9.29
11.42
13.42
15.76
15.87
13.69
- -
7.56
8.59
10.19
6.32
- -
- -
Return on Common Equity (%)
- -
35.3
84.25
30.91
28.36
28.39
30.81
-4.74
12.1
13.54
18.24
9.04
-13.23
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
45
44
37
LT Borrowings
141
164
148
LT Finance Leases
17
- -
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
102
103
103
Market Capitalization
292
213
182

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
426
435
445
Cash, Cash Equivalents & STI
49
39
54
Accounts Receivable, Net
175
206
180
Inventories
174
184
185
Total Current Liabilities
275
282
287
Payables & Accruals
- -
- -
- -
ST Debt
45
44
37
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
42.72%
10.39%
-15.38%
Free Cash Flow
167.23%
73.33%
119.44%
Net Income, GAAP
-58.14%
-122.81%
-240.87%
Sales/Revenue/Turnover
15.84%
13.65%
-1.92%
Total Cash Common Dividend
- -
- -
-44.11%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,295
2024
- -
- -
1,317
2025
- -
- -
1,292

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.28
2024
- -
- -
0.16
2025
- -
- -
-0.22

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.16
2024
- -
- -
0.17
2025
- -
- -
0.09

Company Description

CEO
Stephen Barry Fenby
Full Time Employees
1,700
Sector
Distribution services
Industry
Wholesale distributors
Address
Vinces Road Diss NO United Kingdom IP22 4YT
IPO Date
May 6, 2016
Business
Midwich Group plc is a United Kingdom-based global specialist distributor of audiovisual (AV) technology products and solutions to the trade market. The company distributes displays, projectors, professional audio products including live sound and studio equipment, digital signage and image processing products, LED displays, broadcast products, signal management solutions, security systems, unified communications (UC) devices, lighting equipment, technical video products, and document solutions; it also provides value-added services such as product supply, training, system design support, product demonstrations, complex logistics, bespoke market education, showcase events, and financing solutions through its corporate venture capital arm Midwich Ignite. Incorporated in 2013 and headquartered in Diss, United Kingdom, Midwich operates across the United Kingdom, Ireland, Europe (including Germany, France, Benelux, and Italy), the Middle East and Africa (EMEA), Asia Pacific, and North America, serving professional customers such as system integrators, live events production companies, specialist resellers, global e-tailers, corporates, education, hospitality, healthcare, broadcast/media, government, venues, residential, and retail sectors. Recent developments include the launch of Midwich Live division for the live events industry in 2025, investments by Midwich Ignite in IDUN Audio for spatial audio technology and Ciqurix for video flame detection, unveiling of a new brand identity, acquisitions such as prodyTel Distribution GmbH by Kern & Stelly in Germany and Pulse Cinemas to bolster UK custom install offerings, and expansion of experience centres including Pixel IQ LED configurator at ISE 2025; the group reported record revenue of GBP 1.29 billion for 2024 amid macroeconomic pressures, with revenue growth of 5.8% to GBP 646.1 million in the first half of the year at constant currency.