LSE 38.00GBX at 23:50 GMT Contact Us Open search form About Us Products Markets Innovation Responsibility Investors Media Careers HOMEINVESTORSSUMMARY FINANCIALS Summary Financials Investors Investment Highlights Regulatory News Summary Financials Results, Reports & Presentations Financial Calendar Share Price Tools AIM Rule 26 Edison Research Major Shareholders Analyst Coverage Email Alerts Advisers and Contacts Annual Overview 2016 £’000 2017 £’000 2018 £’000 2019 £'000 2020 £'000 Revenue 132,707 154,553 156,291 140,015 178,016 EBITDA (see below) 31,730 37,152 26,404 16,246 30,101 Operating profit Adjusted* 22,119 26,534 16,040 (4,676) 5,386 Reported 19,826 17,194 8,660 (18,802) (5,517) Profit after tax Adjusted* 20,692 24,998 11,229 (19,010) 2,702 Reported 18,023 14,660 1,189 (35,128) (2,893) Net cash flow from operations Before adjustments 24,281 31,089 16,982 16,530 36,324 Reported 22,463 29,717 16,988 8,948 35,457 Free cash flow** Before exceptional cash flows 4,382 (2,945) (26,045) (25,445) 23,566 Reported 2,564 (4,317) (26,039) (33,027) 22,699 Net cash/(debt) (39,549) 45,612 20,807 (15,970) 1,923 Equity shareholders’ funds 184,666 287,950 305,730 266,593 260,435 Basic EPS – adjusted* 3.06p 3.61p 1.44p (2.46p) 0.29p Basic EPS – unadjusted 2.66p 2.11p 0.13p (4.51p) (0.41p) Diluted EPS – adjusted* 2.89p 3.38p 1.38p (2.46p) 0.29p Diluted EPS – unadjusted 2.52p 1.98p 0.12p (4.51p) (0.41p) * Free cash flow is defined as net cash flow before acquisitions, contingent deferred consideration (settled through contractual discounts), financing and net interest paid. ** adjusted EPS measures exclude non-cash charges for share based payments, non-cash acquisition related charges and exceptional items. ** Free cash flow is defined as net cash flow before acquisitions, financing and net interest paid. Adjusted EBITDA (adjusted earnings before interest, tax, depreciation and amortisation) is calculated as follows: 2019 £'000 2020 £'000 Loss attributable to equity shareholders (35,473) (3,271) Non-controlling interest 345 378 Finance costs 1,458 2,165 Tax 10,180 (1,001) Depreciation of property, plant and equipment 10,477 12,983 Depreciation of right of use assets 3,590 3,681 Amortisation of intangible fixed assets 8,222 7,869 Loss/(profit) on disposal of PPE (245) 182 Share based payments (771) 265 Adjusted items 18,463 6,850 Adjusted EBITDA 16,246 30,101 Full details may be found in the Annual Report and Accounts 2020. Quick Links About Us Products Markets Innovation Investors Responsibility Media Careers Contact Us Email sign-up Enter email address Follow us © IQE PLC Contact Us Accessibility Privacy and Cookies Sitemap Terms and Conditions Anti-Slavery Statement Boiler Room Scam emperor.works This site uses cookies to store information on your computer. Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used. I AcceptI Do Not Accept Necessary Cookies Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences. Analytical Cookies Analytical cookies help us to improve our website by collecting and reporting information on its usage. Analytical Cookies On Off Marketing Cookies We use marketing cookies to help us improve the relevancy of advertising campaigns you receive. Marketing Cookies On Off Social Sharing Cookies We use some social sharing plugins, to allow you to share certain pages of our website on social media Social Sharing Cookies On Off Save & Close About this tool (Opens in a new window) Cookie Control