Key financials

KPIs

Instructions

(31)%

40,141

FY21: 58,043

ARPI

+4%

£1,568

FY21: £1,501

Total fee income

(28)%

£63.0m

FY21: £87.1m

Revenue

(23)%

£70.0m

FY21: £90.9m

Adjusted EBITDA

- %

£(8.8)m

FY21: £12.0m

Cash

(42)%

£43.2m

FY21: £74.0m

All data is for the Group for the year ended 30 April 2022.

 

Instructions

Instructions represents instructions net of refunds. 

ARPI

Average revenue per instruction (ARPI) equates to total fee income, divided by instructions. 

Total fee income

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 instructions and mortgage referrals and conveyancing fees due in relation to completed transactions. 

Adjusted EBITDA

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

 

Metric

KPI

2022

2021

2020

2019

2018

UK # Instructions

40,141

58,043

50,948 69,892 64,376
UK £m Revenue

70.0

90.9

80.5 90.1 78.1
UK £ ARPI

1,568

1,501

1,401 1,243 1,168
UK £m Adjusted EBITDA

(8.8)

12.0

2.9 10.2 8.1
Group £m Cash on hand at 30 April

43.2

74.0

31.0 62.8 152.8