ALPHAWAVE IP GROUP PLC financials
ALPHAWAVE IP GROUP PLC
Country: GB Reporting currency: USD Latest annual report: 2024-12-31
LEI:
213800ZXTO21EU4VMH37 Financial statements
(USD, as reported — unscaled; 105 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | $307.6M | $321.7M |
| Cost of sales | $126.5M | $156.4M |
| Gross profit | $181.1M | $165.4M |
| Operating profit (EBIT) | -$32.8M | -$19.4M |
| Finance costs | $9.5M | $8.8M |
| Profit before tax | -$32.9M | -$39.5M |
| Income tax expense | $9.6M | $11.5M |
| Profit for the year | -$42.5M | -$51.0M |
| Total comprehensive income | -$43.9M | -$41.6M |
| Per share | ||
| Basic EPS | $-0.06 | $-0.07 |
| Diluted EPS | $-0.06 | $-0.07 |
| Free cash flow / share | $-0.03 | $-0.02 |
| Cash flow statement | ||
| Cash generated from operations | $13.5M | $16.0M |
| Net cash from operating activities | $10.2M | $6.3M |
| Net cash from investing activities | -$74.8M | -$83.1M |
| Purchase of PP&E (capex) | $30.6M | $18.6M |
| Purchase of intangibles | $1.0M | $1.8M |
| Net cash from financing activities | $143.7M | -$12.0M |
| Proceeds from borrowings | $25.0M | $15.0M |
| Repayments of borrowings | $6.1M | $5.0M |
| Lease liability payments | $6.6M | $4.7M |
| Net change in cash | $79.1M | -$88.8M |
| Balance sheet | ||
| Total assets | $1.07B | $866.6M |
| Non-current assets | $693.0M | $567.9M |
| Intangible assets & goodwill | $263.2M | $203.3M |
| Current assets | $376.4M | $298.7M |
| Inventories | $6.0M | $11.6M |
| Trade & other receivables | $81.3M | $78.1M |
| Cash & equivalents | $180.2M | $101.3M |
| Total equity | $489.8M | $468.4M |
| Non-current liabilities | $407.0M | $262.2M |
| Long-term borrowings | $342.6M | $214.8M |
| Lease liabilities (non-current) | $15.8M | $12.7M |
| Current liabilities | $172.6M | $135.9M |
| Short-term borrowings | $9.4M | $5.6M |
| Lease liabilities (current) | $3.8M | $4.0M |
| Trade & other payables | $76.8M | $69.3M |
| Deferred tax liabilities | $34.3M | $32.9M |
| Derived metrics | ||
| Free cash flow | -$20.4M | -$12.3M |
| Operating margin | -10.7% | -6.0% |
| Net margin | -13.8% | -15.9% |
| Return on equity | -8.7% | -10.9% |
| Cash conversion ratio | -0.24× | -0.12× |
| Capex coverage | 0.33× | 0.34× |
| Other reported items | ||
| Adjustments For Amortisation Expense | $14.5M | $13.3M |
| Adjustments For Decrease Increase In Contract Assets | -$30.5M | -$8.2M |
| Adjustments For Decrease Increase In Inventories | $5.6M | $6.4M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -$22.9M | -$22.6M |
| Adjustments For Finance Costs | $9.5M | $8.8M |
| Adjustments For Finance Income | $9.4M | $3.4M |
| Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates | $0 | -$14.7M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | -$4.4M | $0 |
| Adjustments For Income Tax Expense | $1.9M | $4.5M |
| Adjustments For Increase Decrease In Contract Liabilities | $26.1M | -$40.9M |
| Adjustments For Increase Decrease In Trade and Other Payables | $2.6M | $14.0M |
| Adjustments For Sharebased Payments | $27.9M | $40.7M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -$1.1M | $15.5M |
| Cash Flows From Used In Operations Before Changes In Working Capital | $32.5M | $67.3M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $0 | $7.4M |
| Current Accrued Income Including Current Contract Assets | $67.7M | $65.2M |
| Current Deferred Income Including Current Contract Liabilities | $81.6M | $56.0M |
| Current Tax Liabilities | $952.0K | $1.1M |
| Current Value Added Tax Receivables | $29.0M | $23.5M |
| Deferred Tax Assets | $15.5M | $12.1M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$257.0K | $3.9M |
| Equity and Liabilities | $1.07B | $866.6M |
| Finance Income | $9.4M | $3.4M |
| General and Administrative Expense | $53.3M | $40.8M |
| Income Tax Relating To Exchange Differences On Translation Other Than Translation of Foreign Operations Included In Other Comprehensive Income | -$126.0K | -$409.0K |
| Income Taxes Paid Refund Classified As Operating Activities | $3.3M | $9.7M |
| Increase Decrease Through Sharebased Payment Transactions | $27.9M | $40.7M |
| Increase Decrease Through Transfers and Other Changes Equity | $65.2M | $41.8M |
| Interest Paid Classified As Financing Activities | $19.2M | $18.4M |
| Interest Received Classified As Investing Activities | $3.2M | $3.1M |
| Investment Accounted For Using Equity Method | $1.0M | $1.0M |
| Issue of Convertible Instruments | $34.1M | — |
| Issue of Equity | $3.3M | $1.1M |
| Issued Capital | $10.5M | $10.0M |
| Liabilities | $579.6M | $398.1M |
| Merger Reserve | -$793.2M | -$793.2M |
| Noncurrent Contract Assets | $28.0M | $0 |
| Noncurrent Contract Liabilities | $537.0K | $0 |
| Noncurrent Payables | $132.0K | $1.8M |
| Noncurrent Receivables | $2.0M | $6.4M |
| Noncurrent Warrant Liability | $13.7M | $0 |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | $0 | $14.7M |
| Other Comprehensive Income | -$1.4M | $9.4M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation Other Than Translation of Foreign Operations | -$505.0K | -$1.2M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -$1.0M | $10.2M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -$1.0M | $10.2M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -$379.0K | -$798.0K |
| Other Current Assets | $11.8M | $19.0M |
| Other Operating Income Expense | -$49.7M | -$52.9M |
| Payments For Debt Issue Costs | $2.6M | $0 |
| Payments For Development Project Expenditure | $58.7M | $43.7M |
| Proceeds From Issue of Bonds Notes and Debentures | $150.0M | $0 |
| Proceeds From Issuing Shares | $3.3M | $1.1M |
| Research and Development Expense | $97.1M | $78.2M |
| Reserve of Equity Component of Convertible Instruments | $34.1M | $0 |
| Reserve of Exchange Differences On Translation | -$87.6M | -$86.5M |
| Reserve of Sharebased Payments | $32.6M | $41.9M |
| Retained Earnings | $1.29B | $1.29B |
| Selling Expense | $13.8M | $12.8M |
| Share of Profit Loss of Joint Ventures Accounted For Using Equity Method | $0 | -$14.7M |
| Share Premium | $4.5M | $1.6M |
Methodology
Every line item above is a fact tagged in ALPHAWAVE IP GROUP PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.