Resultados finales
Participaciones de energía de Ceres
178.30p
16:40 02/05/24
La Compañía considera que la información contenida en este anuncio constituye información privilegiada según lo estipulado en la versión del Reino Unido del Reglamento de abuso del mercado de la UE (2014/596), que es parte de la ley del Reino Unido en virtud de la Ley de (Retirada) de la Unión Europea de 2018. enmendado y complementado de vez en cuando.
26 de marzo de 2024
Diario plc
("Journeo, "Empresa" o "el Grupo")
Resultados finales del año terminado el 31 de diciembre de 2023
Journeo plc (AIM: JNEO), el grupo de servicios técnicos de transporte y sistemas de información, se complace en anunciar sus resultados finales para el año que finalizó el 31 de diciembre de 2023.
Aspectos financieros más destacados
· Los ingresos aumentaron un 118 % hasta los 46.1 millones de libras esterlinas (2022: 21.1 millones de libras esterlinas)
· El beneficio bruto aumentó un 84% a £ 14.3 millones (2022: £ 7.8 millones)
· Adjusted profit before tax* increased 325% to £4.0m (2022: £1.0m)
· Profit before tax increased 312% to £3.7m (2022: £0.9m)
· Cash and cash equivalents at 31 December 2023 were £8.1m (2022: £0.5m)
· Diluted earnings per share of 17.96 pence (2022: 9.80 pence)
Aspectos operacionales destacados
· Acquisitions of Infotec and MultiQ are expanding the reach of Journeo's solutions into new markets, both domestic and international.
· Continued investment in Research and Development as a core component of the Company's strategy.
· Investment to increase capacity at our Ashby-based Infotec manufacturing and production facility.
· Significant new contract wins throughout the year, including £1m award from Transport for Wales (TfW) for country-wide content management solution.
· Extension of Arriva framework to supply CCTV and associated services for new and retrofit vehicles.
· Mantuve todas las acreditaciones ISO 9001, 14001, 27001 y 45001 y la certificación de Seguridad Cibernética e ICO.
* Excluding acquisition costs and share-based payments
Russ Singleton, director ejecutivo de Journeo plc, dijo: " I am very pleased with the progress we have made towards reaching our goal of becoming a market leader in our field. Our strengthening intellectual property and increased barriers to entry into our markets are helping us establish defendable market positions. Each year, we are growing our recurring revenue base as well as our sales order book, providing us with greater forward earnings visibility. Together with healthy cash balances, we are able to invest further in our technologies and business.
The acquisitions of Infotec and MultiQ have performed well since joining the Group, extending our capabilities and geographic reach. We continue to seek out complementary acquisitions that can provide Journeo with access to adjacent markets or increase the services we deliver into our current markets.
As we entered 2024, we did so with momentum in our strategy, which is enabling us to deliver valuable products, software, and services for our customers. Our strong order book, growing sales pipeline, and increasing leadership positions give us confidence in our ability to further grow the business."
Una copia digital de este anuncio estará disponible en el sitio web del Grupo: www.journeo.com.
Para más información, por favor póngase en contacto con:
Diario plc Russ Singleton/Nick Lowe |
+44 0 203 651 9166 |
Cavendish Capital Markets Limitado - Asesor designado y Broker Katy birkin/ Callum davidson |
+44 0 207 220 0500 |
Notas para los editores:
Journeo plc es un proveedor líder de sistemas de transporte inteligentes que ofrece soluciones en pueblos, ciudades, aeropuertos y las redes de transporte público que los conectan. La Compañía trabaja ampliamente con las autoridades locales y combinadas, Network Rail y muchos de los mayores operadores de transporte multinacionales, apoyándolos a medida que los sistemas convergen hacia un futuro más eficiente y sostenible.
El negocio cuenta con cinco empresas operativas:
· Journeo Fleet Systems: videovigilancia CCTV para mejorar la seguridad de pasajeros y conductores, telemática para monitorear el desempeño del vehículo y del conductor, comunicaciones en tiempo real para monitoreo remoto de condiciones y conteo automático de pasajeros.
· Journeo Passenger Systems: diseño, fabricación, instalación y gestión de hardware y software para sistemas electrónicos de información de transporte público, en pueblos, ciudades, terminales de ferry y aeropuertos y sus alrededores, que incluye emisión de billetes inteligentes y orientación.
· Infotec: design, advanced manufacture, installation, and software management of information displays hardware for rail applications in stations, on-platform and on-vehicle.
· MultiQ (con sede en Aarhus, Dinamarca): proveedor de servicios completos de Sistemas de Transporte Inteligentes ("ITS") con clientes en Dinamarca, Suecia e Islandia.
· Journeo AB (con sede en Estocolmo, Suecia): proveedor de servicios técnicos para clientes de transporte público en Suecia.
En los últimos 4 años, la empresa ha invertido más de 6 millones de libras esterlinas en investigación y desarrollo, lo que le ha permitido diseñar y suministrar potentes soluciones innovadoras para los complejos requisitos de los clientes y las demandas del transporte público moderno. Con un enfoque de Internet de las cosas ("IoT") y estándares abiertos, junto con una ingeniería confiable y probada en el campo, Journeo puede ofrecer productos y servicios flexibles y escalables que pueden integrarse con la tecnología existente mientras se prepara para futuros avances.
Declaración del presidente
This has been a transformational and successful year for Journeo. We generated strong organic growth in our Fleet Systems and Passenger Systems businesses, as well as non-organic growth through the acquisitions of Infotec in January and MultiQ in September. As a result, the Group's capabilities within its established markets, and its ability to enter new markets and territories has grown significantly. The Group's strategy is delivering positive results, demonstrated by the increased adoption of our technologies and software with new and existing clients, and our strong financial performance. The Group's sales are increasingly based on our own intellectual property which is driving an increase in recurring revenues from our SaaS platforms, and sales of our specialist products and services to customers in the UK, the Nordics and the USA.
Resultados comerciales
Group underlying profit increased by 270% to £4.3m for the year ended 31 December 2023 (2022: £1.2m). Overall sales increased by 118% to £46.1m (2022: £21.1m) and gross profit increased by 84% to £14.3m (2022: £7.8m).
Overall sales increased by 118% to £46.1m (2022: £21.1m) and gross profit increased by 84% to £14.3m (2022: £7.8m). Organic sales growth was 20% and organic gross profit growth was 2%.
Fleet sales increased by 31% to £16.3m (2022: £12.5m) as bus operators continued to increase investment, backed by Government stimuli. Gross profit increased to £3.9m (2022: £3.7m) with margins decreasing to 24% (2022: 30%) as significant levels of hardware with a future SaaS benefit were installed and supply chain and other cost increases impacted across the majority of the financial year.
Passenger sales increased by 5% to £9.0m (2022: £8.6m). Margins fell slightly to 44% (2022: 47%), as a result of cost pressures during the year.
The Infotec and MultiQ acquisitions delivered sales of £20.8m and gross profit of £6.4m. Margins were 30% at Infotec and 48% at MultiQ.
Underlying administrative expenses increased to £10.1m (2022: £6.7m) reflecting the significant growth in the Group. Investment was made in Research and Development and other teams during the year and inflationary cost pressures were felt.
El beneficio antes de impuestos fue de 3.7 millones de libras esterlinas (2022: 0.9 millones de libras esterlinas).
Diluted earnings per share (EPS) was 17.96p (2022: 9.80p). Cash and cash equivalents at the end of the year were £8.1m (2022: £0.5m).
Industrias
The goal of Carbon Net Zero emissions by 2050 remains a significant challenge for the UK Government and many of its counterparts on the global stage. Whilst the 2024 General Election could signal a change in transport strategy for the UK Government, we do not anticipate a major shift from the current approach that has seen the promotion of, and investment in, sustainable public transport. The adoption of mass public transport is one of the keys to delivering a Carbon Net Zero future for the UK, and we continue to develop, implement and manage underlying technology systems that will contribute to enabling that future. The momentum that Journeo has achieved as a technology and solutions company, selling a mixture of software, hardware and services to domestic and international markets, is a result of close collaborative work with our customers, as we support them to meet new and emerging challenges.
Ambiental, social y de gobernanza
Over the past two years, we have been working to formalise our approach to sustainability and identify our key areas of focus. The integration of recent acquisitions has required us to expand our approach to collecting Group-wide data and we are committed to ensuring our Carbon Reduction Plan is published within 2024.
Areas on which we targeted to take leading positions, however, have taken significant steps forward. The introduction of an employee assistance programme and assessment of new human resources software systems will support our existing process and ensure that, as we grow, Journeo remains an employer of choice for emerging talent. This, coupled with leading the market in product developments such as the introduction of new open standards, are markers for our commitment to the continued development of the Group.
Personas
Over the course of the year, the Board was strengthened with the appointment of Barnaby Kent as an independent Non-executive Director and through an active recruitment programme and two acquisitions, we have seen the number of people that make Journeo a dynamic, successful and exciting place to work, grow. I am delighted that the new team members share our values and commitment to customers, and would like to take the opportunity to extend my thanks to everyone at Journeo once again.
Outlook
Our strategy is to grow Journeo through a combination of close bonding with our customers, engineering excellence and technology leadership, supported by targeted acquisitions of businesses that share our ethos and provide a route to market for our core capabilities.
We look to the future with a growing sense of confidence. The execution of our strategy has momentum and is enabling us to deliver valuable products, software and services for our customers whilst continuing to deliver strong financial performance and growth for our shareholders. The increasing barriers to entry into our sector are helping us to establish defendable market positions.
Our strong cash position is allowing us to invest in the business and ensure the long-term prosperity and profitable growth of the Group. We continue to seek out complementary acquisitions which can provide Journeo with access to adjacent markets or increase the services we deliver into our current markets. Further, through deep industry insight, research and development, and close customer relationships we are moving into leadership positions within sectors of our target markets.
We entered 2024 with a strong order book, a growing sales opportunity pipeline, and reduced reliance on third-party technology. This gives us the confidence that we will continue to deliver on market expectations.
marca eliott
Presidente no ejecutivo
26 de marzo de 2024
Informe del director ejecutivo
Introducción
In the past year, the Group has made significant progress towards its aim of becoming a market-leading provider of intelligent transport systems.
Our long-term success is underpinned through our investment in developing the technology and solutions that meet the needs of our customers today and prepare them for the challenges of tomorrow. The strategic acquisitions of Infotec, which has provided enhanced access to the rail market and the Group's first US-based contracts; and MultiQ, which provides intelligent transport system solutions to customers in Denmark, Iceland and Sweden, are extending the reach and capability of our established businesses.
We continue on this trajectory whilst being mindful of the risks that remain in our target market sectors. The long-term impacts that the COVID-19 pandemic have had on the transport sector cannot be understated. A dramatic increase in the number of people working from home, easy access to credit and the expansion of internet shopping continues to suppress the number of people using public transport. That being said, adoption of mass public transport remains the only viable solution to reduce emissions generated by the movement of people and provide a meaningful contribution to achieving Carbon Net Zero.
The investments being made by local authorities, transport network ruling bodies and fleet operators to make public transport a more efficient, safer and reliable way to travel is placing increased reliance on the type of solutions that Journeo provides.
Revisión operativa
Sistemas de operadores de transporte de flotas
I am pleased to report strong revenue growth from Fleet Transport Operator Systems, increasing sales by 31% to £16.3m (2022: £12.5m). Margins were lower than the prior year mainly due to the technology-mix of sales with a future SaaS revenue benefit. There was a small improvement in margins during the second half of the year and this improvement is expected to continue throughout 2024.
The performance for the year was in line with management expectations and we expect to see further improvement while we grow our brand and technology presence in rail markets. In March o2023, we announced a £0.6m contract with CrossCountry Rail for the upgrade of legacy systems previously installed by Journeo in 2012. The upgraded camera systems were connected to the Journeo Portal, providing stakeholders such as CrossCountry teams, Network Rail and the British Transport Police with direct access to footage for rapid incident management.
In April 2023, we announced a one-year extension to our Framework Agreement with Arriva UK Bus, through to April 2024. Separate to Journeo's three-year fleet-wide SaaS contract (announced in November 2021), the extension builds on the relationship between Journeo and Arriva, that has been in place since 2010.
We continue to see progress in our Airport Passenger Transport solutions. In March 2023 we announced a new five-year extension to our software and support contract at Gatwick Airport, valued at £0.5m. Shortly after this we received a purchase order from First Bus to install our software at East Midland Airport, extracting further value from our IP-backed solutions.
With operators reliant on our solution at six major airports in the UK and Ireland, we are looking to leverage our position to expand our presence at home and overseas.
Sistemas de infraestructura de transporte de pasajeros
The performance of our Passenger Transport Infrastructure business was in line with management expectations, delivering a 5% growth in revenues to £9.0m (2022: £8.6m). Margins were lower than in 2022, however, we are pleased to see the sales progress in the business and believe it has the potential to outstrip its current performance through changes and cost efficiencies that we are implementing.
The acquisition of Infotec gives Journeo the power to consolidate its display technologies, streamline supply chains and exercise greater control over production costs. Simultaneously, Journeo is working to migrate the EPIX Content Management System to a SaaS solution, the Journeo Portal. Historically, local authority budgets have been directed towards capital expenditure, and so not invested in subscription-based solutions. However, this is starting to change as customers realise the value of the continuous improvement that is the cornerstone of cloud-based technologies.
A notable development during the year was a £1.0m software and service contract from Transport for Wales (TfW). This first-of-its kind contract seeks the disaggregation of software services for Real Time Passenger Information (RTPI) estates from the displays that are located within urban and rural areas. Disaggregation enables local authorities to purchase displays from any provider, as long as they operate on open industry standards. Journeo is at the forefront of developing these standards and we expect to see the first displays migrate to the platform within the first half of this financial year. Since the year end Cardiff City Council and TfW has invested a further £1.6m in Journeo displays technology to be connected to the new platform.
In September 2023, Journeo received £2.25m in purchase orders for RTPI displays technology and associated software services from Hertfordshire County Council. Hertfordshire County Council supported in the development of the Bus Back Better strategy and is focussed on driving improvements within their transport network. Journeo has enjoyed a 20-year relationship with Hertfordshire and is working closely with the authority as they drive improvements in their transport network. Whilst unavoidable delays to install the technology have restricted our ability to realise the value in the contract across 2023, the obstacles have now been overcome and will benefit the Group in 2024.
A purchase order of £2.0m from a Northern Transport Partnership was also received in September 2023. The project is an expansion of the partnership's RTPI estate that, following several successful years of close collaboration, is now one of the largest RTPI estates in the country and is comparable in size and complexity with the system in London.
The Passenger Transport Infrastructure business enters 2024 with its strongest ever order book and a clear strategy to improve operating margins.
infotec
The acquisition of Infotec via a significantly over-subscribed placing and retail offer, was an important step in Journeo's evolution. In addition to strong revenues of £19.7m and a gross margin of 29.8%, longer-term value will be realised across the Group through the consolidation of technologies and efficiencies in manufacturing.
Since the acquisition we have invested £0.4m to enhance surface mount production capacity, resulting in significantly reduced production lead times. The investment is enabling us to keep pace with a large US-based contract whilst also maintaining momentum for orders won in our domestic markets.
We were pleased to announce purchase orders from Network Rail and Northern Trains totalling £2.4m. These awards reflect the market-leading position Infotec has within the UK rail industry, supplying approximately 80% of rail stations. The displays are recognised for their robustness and longevity, and the continuing advancement in technology offers a high level of repeat business.
Significant progress has been made to integrate Infotec into Journeo. By working more closely we will leverage synergies in the technologies we provide, with the aim of improving the margins delivered by all operating companies in the Group.
MultiQ
The acquisition of MultiQ Denmark A/S ("MultiQ") was completed in September 2023 for a total consideration of ?2.5m on a debt-free, cash-free, basis. This provides Journeo with an established, full-service provider of Intelligent Transport Systems (ITS) to fleet operator and local authorities in the Nordic region. With a strong history of developing and supplying public information systems for bus, including fleet management software and on-board passenger infotainment, MultiQ was part of a larger group that was acquired by the Swedish company Vertiseit AB in May 2022.
The pure ITS focus of MultiQ is a good fit for Journeo and will provide access into Nordic and Northern European markets and the strong SaaS-based sales approach delivers approximately 40% recurring revenue.
Servicios centrales
The Group's growth over the last 12 months has necessitated developments to our organisational structure, and investment in our Finance and HR teams to enhance transparency and reporting capabilities. We are assessing our business systems where we see opportunities for consolidation and improvement.
Journeo strives to maintain its position as a trusted and responsible member of the business community, delivering our customers solutions that can be relied upon for quality, robustness and security. We are working closely with our supply chain partners and system providers, monitoring the impact of global events to maintain the supply of essential components. Throughout the course of 2023, we maintained all ISO and cyber accreditations, demonstrating our commitment to maintaining governance and quality systems.
Finally, we are continuing our work on ESG, with a further update available in the sustainability section of the Company's 2023 Annual Report. We maintain honest and open communication with our customers, and carried out an online customer survey during the year which has provided valuable insight into why customers place their faith in us and what we can do better, as we continue to deliver operation-critical solutions to vehicle fleets and the wider transport infrastructure network.
Russ Singleton
Director
26 de marzo de 2024
Estado consolidado de resultados integrales por el año terminado el 31 de diciembre de 2023
Notas | 2023 000 £ | 2022 000 £ | |
Ingresos | 2,3 | 46,092 | 21,123 |
Cost of ventas |
| (31,782) | (13,354) |
Bruto beneficio | 3 | 14,310 | 7,769 |
Subyacente administrativo gastos |
| (10,075) | (6,730) |
Otro ingresos |
| 49 | 119 |
Subyacente beneficio |
| 4,284 | 1,158 |
Costo de adquisición |
| (289) | - |
Basado en acciones pagos |
| (22) | (45) |
Total administrativo gastos y otros ingresos |
| (10,337) | (6,656) |
Funcionamiento beneficio |
| 3,973 | 1,113 |
Gastos financieros netos |
| (240) | (207) |
Profit antes impuestos |
| 3,733 | 906 |
Taxation CHARGE | 4 | (760) | (3) |
Profit para las año "Ser" total resultado integral atribuible a los propietarios de el padre |
| 2,973 | 903 |
Profit para comparte Basic | 5 |
18.64p |
10.33p |
Diluido |
| 17.96p | 9.80p |
Estado de cambios en el patrimonio neto consolidado del ejercicio terminado el 31 de diciembre de 2023
Compartir capital 000 £ | Compartir producto de más alta calidad. cuenta 000 £ | retenido ganancias 000 £ | Equidad total accionistas fondos 000 £ | |
Saldo al 1 de enero de 2022 | 6,250 | 1,174 | (6,224) | 1,200 |
Utilidad y resultado integral total del año | - | - | 903 | 903 |
Pagos basados en acciones | - | - | 45 | 45 |
Saldo al 31 de diciembre de 2022 | 6,250 | 1,174 | (5,276) | 2,148 |
Utilidad y resultado integral total del año | - | - | 2,973 | 2,973 |
Producto de la emisión de nuevas acciones | 503 | 7,092 | - | 7,595 |
Pagos basados en acciones | - | - | 22 | 22 |
Saldo al 31 de diciembre de 2023 | 6,753 | 8,266 | (2,281) | 12,738 |
Estado de situación financiera consolidado a 31 de diciembre de 2023
| 2023 000 £ | 2022 000 £ | |
Activos | |||
No corriente activos | |||
Goodwill |
| 4,058 | 1,345 |
Otro intangible activos |
| 2,685 | 1,300 |
Propiedad, planta y equipo |
| 1,585 | 504 |
Activos por impuestos diferidos |
| 189 | - |
Trading y otros cuentas por cobrar |
| 40 | 41 |
| 8,557 | 3,190 | |
Current activos | |||
Los inventarios4 |
| 6,868 | 3,455 |
Trading y otros cuentas por cobrar |
| 12,212 | 8,130 |
efectivo y efectivo equivalentes |
| 8,116 | 533 |
| 27,196 | 12,118 | |
Total activos |
| 35,753 | 15,308 |
Equidad y pasivo | |||
Accionistas equidad | |||
Compartir capital |
| 6,753 | 6,250 |
Compartir producto de más alta calidad. cuenta |
| 8,266 | 1,174 |
retenido ganancias |
| (2,281) | (5,276) |
Total equidad |
| 12,738 | 2,148 |
No corriente pasivo | |||
Diferido ingresos |
| 2,841 | 2,304 |
Otras cuentas por pagar |
| 207 | - |
Préstamos y empréstitos |
| 163 | 40 |
Pasivo por impuestos diferidos |
| 25 | - |
Pasivos por arrendamiento |
| 756 | 225 |
Provisiones |
| 2,234 | 271 |
| 6,226 | 2,840 | |
Current pasivo | |||
Trading y otros cuentas por pagar |
| 9,921 | 5,796 |
Diferido ingresos |
| 5,831 | 1,552 |
Préstamos y empréstitos |
| 64 | 2,616 |
Pasivos por arrendamiento |
| 195 | 121 |
Provisiones |
| 778 | 235 |
| 16,789 | 10,320 | |
Total equidad y pasivo |
| 35,753 | 15,308 |
Estado de flujos de efectivo consolidado correspondiente al ejercicio finalizado el 31 de diciembre de 2023
| Notas | 2023 000 £ | 2022 000 £ |
Flujos de efectivo netos de las actividades operativas | 6 | 1,664 | (587) |
Flujos de efectivo de actividades de inversión Compras de propiedades, planta y equipo. Compras/generación de activos intangibles |
|
(434) (789) |
(58) (628) |
Costo de adquisición |
| (289) | - |
Net cash inflow on acquisitions |
| 3,030 | - |
Flujos de efectivo netos de actividades de inversión |
| 1,518 | (686) |
Flujos de efectivo de actividades de financiación | |||
Cash flows from issue of new loans |
| 215 | 891 |
Elemento principal de los reembolsos por arrendamiento |
| (266) | (170) |
Reembolso de préstamos |
| (2,643) | (15) |
Emisión de acciones |
| 7,095 | - |
Flujos de efectivo netos de actividades de financiación |
| 4,401 | 706 |
Aumento / (disminución) neto de efectivo y equivalentes de efectivo |
| 7,583 | (567) |
Efectivo y equivalentes de efectivo al inicio del año |
| 533 | 1,096 |
Efecto de las variaciones del tipo de cambio | - | 4 | |
Efectivo y equivalentes de efectivo al final del año |
| 8,116 | 533 |
Notas a los estados financieros consolidados para el año terminado el 31 de diciembre de 2023
1. Base de preparación
Los estados financieros del Grupo se preparan de acuerdo con las Normas Internacionales de Información Financiera y las interpretaciones CINIIF emitidas y vigentes (o adoptadas anticipadamente) y respaldadas por el Reino Unido en el momento de preparar estos estados financieros y con aquellas partes de la Ley de Sociedades de 2006 aplicables a las empresas. presentación de informes bajo NIIF. Los estados financieros han sido preparados bajo la convención del costo histórico, excepto los instrumentos financieros y los pagos basados en acciones, que se preparan de acuerdo con la NIIF 9 y la NIIF 2 respectivamente. A continuación se presenta un resumen de las políticas contables más importantes del Grupo.
The individual financial statements of each Group entity are presented in the currency of the primary economic environment in which the entity operates (its functional currency). For the purpose of the consolidated financial statements, the results and financial position of each Group entity are expressed in Sterling (£), which is the presentation currency for the consolidated financial statements. The numbers in the financial statements are rounded in £'000 for presentation purposes for year ended 31 December 2023 with prior year comparatives being for the year ended 31 December 2022.
Preocupación continua
Las actividades comerciales del Grupo, junto con los factores que probablemente afecten a su desarrollo, desempeño y posición futuros, se exponen en el Informe Estratégico junto con los principales riesgos e incertidumbres.
The Group's net underlying profit for the year was £4,284k (2022: £1,158k). As at 31 December 2023 the Group had net current assets of £10,407k (2022: £1,798k) and net cash reserves of £8,116k (2022: £533k).
Los Directores han preparado proyecciones de flujo de efectivo del Grupo para el período hasta el 30 de junio de 2025 basándose en las últimas previsiones que muestran que el Grupo podrá operar dentro de los recursos de financiación actuales del Grupo con un margen significativo.
Como ocurre con todas las empresas, hay determinadas épocas del año en las que nuestros requisitos de capital de trabajo son máximos. El Grupo está bien posicionado para gestionar estos riesgos comerciales de manera efectiva y la Junta revisa el desempeño del Grupo en comparación con los presupuestos y pronósticos de manera regular para garantizar que se tomen medidas cuando sea necesario. Los directores también monitorean un pronóstico de flujo de efectivo móvil y la gerencia clave revisa los movimientos y requisitos del capital de trabajo diariamente.
The projections, taking account of reasonably possible changes in trading performance, indicate that the Group will operate within available facilities throughout the projection period and therefore, based on these projections, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future and for at least 12 months from the date of these financial statements. The Directors therefore continue to adopt the going concern basis in preparing the financial statements.
2. Ingresos y otros ingresos
La división de ingresos entre bienes y servicios es:
2023 000 £ | 2022 000 £ | |
Bienes | 38,402 | 15,621 |
Servicios | 7,690 | 5,502 |
46,092 | 21,123 | |
Obras por contrato incluidas en bienes. | 6,994 | 7,599 |
3. Informes segmentarios
La NIIF 8 requiere que los segmentos operativos se determinen sobre la base de aquellos segmentos cuyos resultados operativos son revisados periódicamente por el Consejo de Administración (el Jefe de Decisiones Operativas según lo define la NIIF 8) para tomar decisiones estratégicas.
Dado que el Consejo de Administración revisa los ingresos, la utilidad bruta y la pérdida operativa sobre la misma base que se establece en el estado consolidado de resultados integrales, no se considera necesaria ninguna conciliación adicional.
Ingresos y beneficio bruto
Ingresos 2023 000 £ | Beneficio bruto 2023 000 £ | Ingresos 2022 000 £ | Beneficio bruto 2022 000 £ | |
Sistemas de flota | 16,332 | 3,949 | 12,494 | 3,711 |
infotec | 19,669 | 5,862 | - | - |
MultiQ | 1,139 | 542 | - | - |
Sistemas de Pasajeros | 9,045 | 3,957 | 8,629 | 4,058 |
Ventas entre segmentos | (93) | - | - | - |
Total | 46,092 | 14,310 | 21,123 | 7,769 |
Clientes principales
In the year, one customer within each of the Fleet Systems and Infotec segments accounted for over 10% of Group revenue at 11% and 17% respectively. In the prior year, there was one Fleet Systems customer that accounted for over 10% of revenue at 16%.
Beneficio subyacente
2023 000 £ | 2022 000 £ | |
Sistemas de flota | 583 | 690 |
infotec | 3,697 | - |
MultiQ | 153 | - |
Sistemas de Pasajeros | 115 | 740 |
4,548 | 1,430 | |
Central | (264) | (272) |
Beneficio subyacente | 4,284 | 1,158 |
Conciliación con ganancias/(pérdidas) antes de intereses e impuestos
2023 | Subyacente funcionamiento pérdida de beneficios) 000 £ | Costo de adquisición 000 £ | Basado en acciones pagos 000 £ | Ganancia / (pérdida) operativa 000 £ | Pérdida de beneficios) antes de interés e impuestos 000 £ |
Sistemas de flota | 583 | - | (11) | 572 | 572 |
infotec | 3,697 | - | - | 3,697 | 3,697 |
MultiQ | 153 | - | - | 153 | 153 |
Sistemas de Pasajeros | 115 | - | (11) | 104 | 104 |
4,548 | - | (22) | 4,526 | 4,526 | |
Central | (264) | (289) | - | (553) | (553) |
4,284 | (289) | (22) | 3,973 | 3,973 |
2022 | Subyacente funcionamiento pérdida de beneficios) 000 £ | Basado en acciones pagos 000 £ | Funcionamiento pérdida de beneficios) 000 £ | Pérdida de beneficios) antes de interés e impuestos 000 £ |
Sistemas de flota | 690 | (23) | 667 | 667 |
Sistemas de Pasajeros | 740 | (22) | 718 | 718 |
1,430 | (45) | 1,385 | 1,385 | |
Central | (272) | - | (272) | (272) |
1,158 | (45) | 1,113 | 1,113 |
Activos netos
Los activos netos atribuidos a cada segmento de negocio representan los activos operativos externos netos de ese segmento, excluyendo el fondo de comercio, los saldos bancarios y los préstamos, que se muestran como montos no asignados, junto con los activos y pasivos centrales.
Activos 2023 000 £ | Pasivos 2023 000 £ | Activos netos 2023 000 £ | Activos 2022 000 £ | Pasivos 2022 000 £ | Activos netos 2022 000 £ | |
Sistemas de flota | 8,754 | (3,736) | 5,018 | 8,134 | (3,627) | 4,507 |
infotec | 6,477 | (8,999) | (2,522) | - | - | - |
MultiQ | 2,645 | (534) | 2,111 | - | - | - |
Sistemas de Pasajeros | 5,679 | (7,774) | (2,095) | 5,156 | (6,744) | (1,588) |
23,555 | (21,043) | 2,512 | 13,290 | (10,371) | 2,919 | |
Goodwill | 4,058 | - | 4,058 | 1,345 | - | 1,345 |
Efectivo y empréstitos | 8,116 | (641) | 7,475 | 533 | (2,656) | (2,123) |
Sin asignar | 24 | (1,331) | (1,307) | 140 | (133) | 7 |
Total | 35,753 | (23,015) | 12,738 | 15,308 | (13,160) | 2,148 |
Segmentos geográficos
Ingresos 2023 000 £ | Beneficio bruto 2023 000 £ | Ingresos 2022 000 £ | Beneficio bruto 2022 000 £ | |
UK | 36,739 | 9,840 | 20,538 | 7,316 |
Internacionales |
|
| ||
- Escandinavia | 1,507 |
| 458 | |
- Otros UE | 8 |
| 38 | |
- Fuera de la UE | 7,838 |
| 89 | |
Internacional total | 9,353 | 4,470 | 4,470 | 453 |
Total | 46,092 | 14,310 | 14,310 | 7,769 |
Activos y pasivos por ubicación
2023 000 £ | 2022 000 £ | |
Activos |
| |
UK | 32,948 | 14,662 |
Internacionales | 2,805 | 12 |
los activos totales | 35,753 | 14,674 |
Pasivos |
| |
UK | (22,467) | (12,508) |
Internacionales | (548) | (19) |
Pasivos totales | (23,015) | (12,527) |
4. Fiscalidad
(a) Análisis de cargo en año:
2023 000 £ | 2022 000 £ | |
Impuesto corriente |
| |
UK corporation tax on the profit for the year (19% and 25%) | 704 | - |
Impuesto de sociedades sueco sobre el beneficio del año (22%) | 7 | 3 |
Danish corporation tax on the profit for the year (22%) | 49 | - |
Carga fiscal total del año | 760 | 3 |
(b) Factores que afectan la carga tributaria total del año
El impuesto evaluado para el año difiere del tipo estándar del impuesto de sociedades en el Reino Unido del 23% (2022: 19%). Las diferencias son explicadas abajo:
2023 000 £ | 2022 000 £ | |
Beneficio antes de impuestos | 3,733 | 905 |
Beneficio multiplicado por la tasa estándar de |
859 |
172 |
Efectos de: |
| |
Gastos no deducibles a efectos fiscales | (305) | (150) |
Cambio en activos por impuestos diferidos no reconocidos | 217 | 4 |
Renta no imponible | (11) | (23) |
Carga fiscal total del año | 760 | 3 |
(c) Activo/(pasivo) por impuestos diferidos
Los activos/(pasivo) por impuestos diferidos no reconocidos y reconocidos comprenden lo siguiente:
Grupo procesos | Poco reconocido | Reconocido | ||
2023 000 £ | 2022 000 £ | 2023 000 £ | 2022 000 £ | |
Pérdidas fiscales | 1,138 | 724 | 189 | - |
Desgravaciones de capital aceleradas | (350) | (94) | (25) | - |
788 | 630 | 164 | - |
The Group has £4,552,000 of unutilised tax losses (2022: £3,813,000) which may be carried forward indefinitely.
5. Profit per Ordinary Share
La utilidad básica por acción (EPS) se calcula dividiendo la utilidad atribuible a los Accionistas Ordinarios por el número promedio ponderado de Acciones Ordinarias emitidas durante el año.
Para ganancias diluidas, el número promedio ponderado de Acciones Ordinarias emitidas se ajusta para asumir la conversión de todas las Acciones Ordinarias potenciales dilutivas.
Grupo procesos | 2023 | 2022 | ||
Profit 000 £ | Por acción cantidad Pence | Profit 000 £ | Por acción cantidad Pence | |
EPS básico |
|
| ||
Utilidad atribuible a los Accionistas Ordinarios | 2,973 | 18.64p | 903 | 10.33p |
EPS diluido |
|
| ||
Utilidad atribuible a los Accionistas Ordinarios | 2,973 | 17.96p | 903 | 9.80p |
A continuación se detallan los detalles del número promedio ponderado de Acciones Ordinarias utilizadas como denominador para calcular las ganancias por Acción Ordinaria:
2023 '000 | 2022 '000 | |
Número medio ponderado básico de acciones | 15,945 | 8,741 |
Acciones Ordinarias potenciales dilutivas | 605 | 470 |
Promedio ponderado diluido de acciones | 16,550 | 9,211 |
6. Reconciliation of operating profit to net cash inflow from operating activities
2023 000 £ | 2022 000 £ | |
Ganancias del año | 2,973 | 903 |
Ajustes para: |
| |
- Gasto financiero | 240 | 207 |
- Depreciación de propiedades, planta y equipo | 378 | 224 |
- Amortización del inmovilizado intangible | 753 | 494 |
- Gasto de pago basado en acciones | 22 | 45 |
- Tipo de cambio | (13) | - |
- Costo de adquisición | 289 | - |
- Increase / (decrease) in provisions | 2,506 | (34) |
Flujos de efectivo operativos antes del movimiento en el capital de trabajo | 7,148 | 1,839 |
Disminución / (aumento) de inventarios | 295 | (1,846) |
Disminución / (aumento) de las cuentas por cobrar | 1,609 | (1,564) |
Aumento / (disminución) de las cuentas por pagar | (6,560) | 1,166 |
Entrada / (salida) de efectivo de operaciones | 2,492 | (405) |
Impuestos a la renta pagados | (658) | (3) |
Pago interesado | (170) | (179) |
Entrada / (salida) de efectivo neta de las actividades operativas | 1,664 | (587) |
7. Businesses Acquired - Infotec Group of Companies
On 18 January 2023, the Group acquired 100% of the equity of IGL Limited, together with its subsidiaries ("IGL" or "Infotec"), all UK-based businesses.
Infotec es un proveedor líder de soluciones de visualización innovadoras y es el principal proveedor de equipos de información para pasajeros ferroviarios del Reino Unido, con más de 15,000 pantallas en funcionamiento. Infotec presta servicios aproximadamente al 80 por ciento. de la red ferroviaria del Reino Unido
Los detalles de la combinación de negocios son los siguientes:
000 £ | |
Valor razonable de la contraprestación | |
Monto liquidado en efectivo | 7,218 |
Consideración diferida | 1,000 |
Acciones de contraprestación | 500 |
Consideración total | 8,718 |
Activos netos identificables (reconocidos a valor razonable): | |
Otros intangibles | 1,301 |
Propiedad, planta y equipo. | 264 |
Los inventarios | 3,047 |
Cuentas comerciales y otras cuentas por cobrar | 3,980 |
efectivo | 12,641 |
los activos totales | 21,233 |
Patrimonio y pasivos | |
Comerciales y otras cuentas a pagar | (5,422) |
Ingresos diferidos | (6,883) |
Responsabilidades fiscales | (446) |
Provisiones | (2,000) |
Responsabilidad total | (14,751) |
Activos netos | 6,482 |
Fondo de comercio en la adquisición | 2,236 |
Contraprestación liquidada en efectivo | 8,218 |
Efectivo y equivalentes de efectivo adquiridos | 12,641 |
Entrada de efectivo neta en la adquisición | 4,423 |
Contraprestación transferida
The acquisition of Infotec was settled in cash amounting to £8,218k (including deferred consideration of £1,000k). Acquisition-related costs amounting to £132k were incurred.
Activos netos identificables
El valor razonable de los activos netos identificables adquiridos como parte de la combinación de negocios ascendió a £6,482.
Activos intangibles separables
En el momento de la adquisición se identificó un activo intangible separable: las relaciones con los clientes adquiridos. La lista de clientes adquirida se valoró evaluando un flujo de caja descontado basado en las tasas de deserción de clientes esperadas y utilizando el factor de descuento del Grupo del 13%. La vida útil se ha estimado en 5 años.
Goodwill
El fondo de comercio está relacionado principalmente con las principales expectativas de crecimiento que se esperan de la combinación de las tecnologías de Infotec y Journeo y de su venta adicional a los clientes existentes.
Contribución de Infotec a los resultados del Grupo
Infotec generated an underlying profit of £3,697k for the period from 18 January 2023 to the reporting date. Revenue for the period to the reporting date was £19,669k. In the twelve months to 30th December 2022 Infotec sales were approximately £16,520k with profit before tax of £2,646k
8. Businesses Acquired - MultiQ Denmark A/S
On 19 September 2023, the Group acquired 100% of the equity of MultiQ Denmark A/S ("MultiQ"), a Denmark based business.
MultiQ es un proveedor líder de servicios completos de sistemas de transporte inteligentes ("ITS") con clientes en Dinamarca, Suecia e Islandia.
Los detalles de la combinación de negocios son los siguientes:
000 £ | |
Valor razonable de la contraprestación | |
Monto liquidado en efectivo | 1,089 |
Consideración diferida | 413 |
Consideración total | 1,502 |
Activos netos identificables (reconocidos a valor razonable): |
|
Propiedad, planta y equipo. | 573 |
Activos Fiscales | 267 |
Los inventarios | 660 |
Cuentas comerciales y otras cuentas por cobrar | 1,084 |
efectivo | 110 |
los activos totales | 2,694 |
Equidad y pasivo |
|
Comerciales y otras cuentas a pagar | (1,450) |
Ingresos diferidos | (81) |
Responsabilidades fiscales | (138) |
Responsabilidad total | (1,669) |
Activos netos | 1,025 |
Fondo de comercio en la adquisición | 477 |
Contraprestación liquidada en efectivo | 1,502 |
Efectivo y equivalentes de efectivo adquiridos | 110 |
Salida de efectivo neta en la adquisición | (1,392) |
Contraprestación transferida
The acquisition of MultiQ was settled in cash amounting to £1,502k (including deferred consideration of £413k). Acquisition-related costs amounting to £157k were incurred.
Activos netos identificables
El valor razonable de los activos netos identificables adquiridos como parte de la combinación de negocios ascendió a £1,026.
Goodwill
Goodwill is primarily related to the core growth expectations that are expected from combining MultiQ and Journeo technologies and upselling this to existing customers.
MultiQ contribution to the Group results
MultiQ generated an underlying profit of £153k for the period from 20 September 2023 to the reporting date. Revenue for the period to the reporting date was £1,139k. In the twelve months to 30 December 2022 MultiQ sales were approximately £4,425k with a loss before tax of £32k.
9. Availability of audited accounts
Las copias de las cuentas auditadas de 2023 estarán disponibles tras el anuncio de la fecha de nuestra Asamblea General Anual. También estarán disponibles en el sitio web del Grupo (www.journeo.com) for the purposes of AIM Rule 26 and will be posted to shareholders in due course.
EXTREMOS
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