Mitie Group PLC
LSE:MTO

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Mitie Group PLC
LSE:MTO
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Price: 107.4 GBX -1.1%
Market Cap: 1.4B GBX
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Income Statement

Earnings Waterfall
Mitie Group PLC

Revenue
4.4B GBP
Cost of Revenue
-3.9B GBP
Gross Profit
499.9m GBP
Operating Expenses
-296.1m GBP
Operating Income
203.8m GBP
Other Expenses
-77.5m GBP
Net Income
126.3m GBP

Income Statement
Mitie Group PLC

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Income Statement
Currency: GBP
Sep-2004 Mar-2005 Sep-2005 Mar-2006 Sep-2006 Mar-2007 Sep-2007 Mar-2008 Sep-2008 Mar-2009 Sep-2009 Mar-2010 Sep-2010 Mar-2011 Sep-2011 Mar-2012 Sep-2012 Mar-2013 Sep-2013 Mar-2014 Sep-2014 Mar-2015 Sep-2015 Mar-2016 Sep-2016 Mar-2017 Sep-2017 Mar-2018 Sep-2018 Mar-2019 Sep-2019 Mar-2020 Sep-2020 Mar-2021 Sep-2021 Dec-2021 Mar-2022 Sep-2022 Mar-2023 Sep-2023 Mar-2024
Revenue
Revenue
771
N/A
800
+4%
857
+7%
936
+9%
1 071
+15%
1 229
+15%
1 326
+8%
1 407
+6%
1 486
+6%
1 522
+2%
1 562
+3%
1 720
+10%
1 838
+7%
1 891
+3%
1 944
+3%
2 003
+3%
1 976
-1%
1 981
+0%
2 080
+5%
2 143
+3%
2 193
+2%
2 266
+3%
2 294
+1%
2 147
-6%
1 946
-9%
2 126
+9%
2 205
+4%
2 031
-8%
2 001
-1%
2 085
+4%
2 192
+5%
2 174
-1%
2 039
-6%
2 499
+23%
3 429
+37%
4 444
+30%
3 903
-12%
4 920
+26%
3 945
-20%
4 154
+5%
4 445
+7%
Gross Profit
Cost of Revenue
(677)
(639)
(682)
(757)
(871)
(1 000)
(1 081)
(1 145)
(1 212)
(1 262)
(1 311)
(1 444)
(1 543)
(1 594)
(1 639)
(1 686)
(1 672)
(1 671)
(1 748)
(1 819)
(1 869)
(1 928)
(1 961)
(1 850)
(1 702)
(1 897)
(1 955)
(1 763)
(1 730)
(1 804)
(1 898)
(1 886)
(1 784)
(2 223)
(3 039)
(3 939)
(3 452)
(4 368)
(3 509)
(3 702)
(3 945)
Gross Profit
94
N/A
161
+71%
174
+8%
179
+2%
201
+12%
229
+14%
245
+7%
262
+7%
274
+4%
260
-5%
251
-4%
276
+10%
294
+7%
298
+1%
306
+3%
316
+3%
304
-4%
310
+2%
332
+7%
323
-3%
325
+0%
338
+4%
333
-1%
297
-11%
244
-18%
230
-6%
250
+9%
268
+7%
271
+1%
282
+4%
294
+4%
288
-2%
255
-11%
276
+9%
390
+41%
505
+30%
452
-10%
552
+22%
437
-21%
452
+3%
500
+11%
Operating Income
Operating Expenses
(52)
(115)
(129)
(131)
(147)
(171)
(181)
(192)
(199)
(182)
(169)
(188)
(204)
(199)
(203)
(214)
(194)
(190)
(205)
(196)
(196)
(219)
(216)
(184)
(151)
(237)
(248)
(185)
(196)
(202)
(212)
(201)
(183)
(219)
(267)
(439)
(292)
(402)
(283)
(282)
(296)
Selling, General & Administrative
(52)
(117)
(129)
(130)
(146)
(169)
(179)
(190)
(197)
(180)
(166)
(183)
(196)
(190)
(194)
(204)
(189)
(190)
(205)
(196)
(196)
(210)
(211)
(184)
(157)
(237)
(249)
(185)
(196)
(202)
(212)
(201)
(183)
(219)
(269)
(359)
(292)
(385)
(283)
(283)
(298)
Depreciation & Amortization
0
0
0
(0)
(1)
(2)
(2)
(2)
(2)
(2)
(3)
(5)
(8)
(9)
(9)
(9)
0
0
0
0
0
0
(5)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
1
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(5)
0
0
0
0
(9)
0
0
5
0
0
0
0
0
0
0
0
0
2
(79)
0
(17)
0
1
2
Operating Income
42
N/A
46
+9%
46
0%
48
+6%
54
+11%
58
+9%
65
+11%
70
+9%
74
+6%
79
+6%
82
+5%
88
+7%
90
+3%
99
+10%
102
+3%
103
+0%
111
+8%
120
+9%
128
+6%
127
0%
129
+1%
119
-8%
117
-1%
113
-3%
93
-18%
(7)
N/A
2
N/A
83
+4 279%
74
-11%
80
+7%
81
+2%
86
+6%
71
-17%
57
-20%
123
+115%
66
-46%
160
+143%
150
-6%
154
+2%
170
+10%
204
+20%
Pre-Tax Income
Interest Income Expense
2
2
3
2
(0)
(2)
(2)
(2)
(2)
(2)
(2)
(1)
(2)
(3)
(6)
(7)
(8)
(12)
(14)
(14)
(14)
(11)
(15)
(13)
(16)
(12)
(16)
(12)
(16)
(12)
(14)
(14)
(16)
(13)
(20)
2
(10)
(7)
(2)
0
16
Non-Reccuring Items
0
0
0
0
0
0
(0)
(1)
(1)
(1)
(1)
(7)
(12)
(10)
(4)
(1)
(15)
(52)
(51)
(45)
(91)
(63)
(14)
(6)
(14)
(37)
(43)
(82)
(80)
(38)
(36)
(22)
(23)
(54)
(65)
0
(92)
(87)
(45)
(55)
(62)
Total Other Income
(1)
(2)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(4)
0
(2)
0
(2)
0
(4)
0
(2)
0
(2)
0
(4)
0
(30)
(6)
(10)
(1)
0
(1)
Pre-Tax Income
44
N/A
48
+10%
48
+1%
51
+5%
53
+6%
57
+6%
63
+10%
68
+9%
72
+6%
76
+6%
79
+4%
80
+1%
77
-3%
87
+13%
93
+7%
95
+2%
88
-7%
56
-36%
63
+11%
68
+9%
24
-64%
42
+71%
88
+112%
92
+5%
63
-32%
(58)
N/A
(56)
+3%
(15)
+73%
(21)
-37%
28
N/A
31
+9%
48
+58%
33
-32%
(14)
N/A
37
N/A
38
+3%
52
+36%
47
-11%
106
+127%
115
+9%
156
+36%
Net Income
Tax Provision
(13)
(14)
(14)
(16)
(17)
(17)
(19)
(21)
(21)
(22)
(22)
(22)
(21)
(21)
(22)
(22)
(21)
(14)
(16)
(20)
(11)
(6)
(13)
(18)
(13)
7
8
(1)
(1)
(5)
(6)
(8)
(7)
(0)
(11)
(15)
(21)
(20)
(14)
(16)
(25)
Income from Continuing Operations
31
34
34
35
37
39
43
47
51
54
57
58
56
65
71
72
67
42
47
49
13
36
75
74
50
(51)
(49)
(17)
(22)
23
25
41
26
(14)
26
23
31
27
91
99
131
Income to Minority Interest
(2)
(3)
(3)
(2)
(3)
(2)
(2)
(2)
(2)
(1)
(1)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(2)
(2)
(1)
(0)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
(5)
Net Income (Common)
24
N/A
27
+11%
29
+7%
30
+5%
34
+13%
37
+8%
41
+11%
45
+9%
49
+8%
53
+9%
56
+6%
57
+1%
56
-2%
65
+17%
71
+9%
72
+1%
66
-8%
42
-36%
47
+10%
48
+4%
13
-73%
35
+171%
74
+111%
33
-56%
(90)
N/A
(184)
-104%
(95)
+49%
(27)
+71%
(3)
+88%
31
N/A
68
+120%
91
+33%
24
-74%
(7)
N/A
49
N/A
23
-53%
51
+118%
34
-33%
91
+170%
99
+8%
126
+28%
EPS (Diluted)
0.09
N/A
0.1
+11%
0.1
N/A
0.11
+10%
0.11
N/A
0.11
N/A
0.13
+18%
0.14
+8%
0.15
+7%
0.17
+13%
0.17
N/A
0.16
-6%
0.16
N/A
0.19
+19%
0.2
+5%
0.2
N/A
0.19
-5%
0.12
-37%
0.13
+8%
0.13
N/A
0.03
-77%
0.09
+200%
0.2
+122%
0.04
-80%
-0.25
N/A
-0.27
-8%
-0.26
+4%
-0.03
+88%
0
N/A
0.03
N/A
0.09
+200%
0.12
+33%
0.04
-67%
-0.01
N/A
0.02
N/A
0.01
-50%
0.02
+100%
0.02
N/A
0.06
+200%
0.07
+17%
0.09
+29%

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