Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
United Kingdom
In shortXP Power Limited is loss-making, generates cash and carries moderate debt, with revenue shrinking (−7.0% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 0.3% | 18/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -5.0% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -7.2% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 0.2% | 1/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.59× | 66/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.45× | 86/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 3.95× | 1/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.18 | 28/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 16.9% | 88/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 4 | 17/100 |
| Revenue growth volatility | 18.6% | 42/100 |
| Operating margin volatility | 7.9% | 38/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -7.5% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
GBP millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 240 | 290 | 316 | 247 | 230 |
| Cost of revenue | 132 | 170 | 185 | 150 | 134 |
| Gross profit | 108 | 121 | 131 | 97 | 96 |
| Research & development | 17 | 28 | 27 | 20 | 22 |
| Operating income | 30 | (24) | 25 | 3.6 | 0.7 |
| Interest expense | 1.3 | 6.1 | – | – | – |
| Pre-tax income | 28 | (30) | 11 | (7.7) | (7.3) |
| Income tax | 5.4 | (11) | 20 | 1.7 | 4 |
| Net income | 23 | (20) | (9.2) | (9.6) | (11) |
| Diluted EPS | £1.14 | −£101.60 | −£45.30 | −£40.40 | −£42.00 |
2.18 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Dec 31, 2025