Key financials

KPIs

Instructions

+8%

35,387

HY 2020: 32,850

ARPI

+3%

£1,392

HY 2020: £1,353

Total fee income

+6%

£49.1m

HY 2020: £46.3m

Revenue

-6%

£44.2m

HY 2020: £47.1m

Adjusted EBITDA

+110%

£8.4m

HY 2020: £4.0m

EBITDA

+82%

£75.8m

HY 2020: £41.6m

All data for half year ended 31 October 2020

 

Instructions

represents the number of instructions won in the period.

Average revenue per instruction

equates to total fee income excluding lettings, divided by the number of published instructions in the period.

Total fee income

is a KPI used by management to track income from current activity levels. Total fee income is a non-IFRS measure and represents fees receivable for published instructions, lettings and mortgage referrals, and conveyancing fees due in relation to completed transactions.

Adjusted EBITDA

is defined as operating profit, adding back depreciation, amortisation, share-based payment charges / credits, results of associates / joint ventures and exceptional items.

 

Metric

KPI

2020

2019

2018

2017

UK # Instructions

53,680

69,892 64,376 41,211
UK £m Revenue

80.5

90.1 78.1 43.2
UK £ ARPI

1,394

1,243 1,168 1,035
UK £m Adjusted EBITDA

4.8

10.2 8.1 1.7
Group £m Cash on hand at 30 April

31.0

62.8 152.8 71.3