Auto Trader Group plc (LSE:AUTO) Annual Report 2022



The latest annual report of Auto Trader Group plc (AUTO) was published on 31 Mar 2022. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - AUTO Annual Results

Amounts in GBP

Total Revenue
432.7M
Gross Profit
432.7M
EBIT
301.1M
Net Tangible Assets
116.9M
Net Income
244.7M
Capital Expenditures
-2.8M

AUTO Income Statement 2022 Annual Report

As per the latest Income Statement of AUTO, the Net revenue increased by £169.90M (65%) compared to the previous period. The operating income in 2022 increased by £142.30M (90%). The net income as per the annual report was 244.7M which increased by £116.90M (91%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 432.7M 262.8M
Gross Profit 432.7M 262.8M
Operating Income 301.1M 158.8M
Income Before Tax 301M 157.4M
Net Income 244.7M 127.8M

Balance Sheet - AUTO 2022 Annual Report

Read further: AUTO Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Auto Trader Group plc showed the company increased the cash on balance sheet by £5.60M (12%). The Net tangible assets of AUTO on the balance sheet were at 116.9M which is £16.40M (16%) more than previous annual report. The total stockholder equity also increased by £13.80M (3%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 51.3M 45.7M
Total Assets 542.9M 534.5M
Long Term Debt - 27.6M
Total Liabilities 70.4M 75.8M
Total Shareholder Equity 472.5M 458.7M
Net Tangible Assets 116.9M 100.5M

Cash Flow Statement - AUTO 2022 Annual Report

The 2022 annual cash flow statement of Auto Trader Group plc showed that the net income increased by £116.90M (91%) compared to previous reporting period. Also the capital expenditure of AUTO decreased by £-1.50M (-115%).

As of 2022, the total cash from investing activities was 5M and total cash from financing activities was -271.3M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 244.7M 127.8M
Capital Expenditures -2.8M -1.3M
Dividends Paid -73.6M -73.6M
Total Cash From From Investing Activities 5M -11.4M
Total Cash From From Financing Activities -271.3M -105.2M

Auto Trader Group plc Annual Report History

Income Statement

Income Statement history of Auto Trader Group plc (LSE:AUTO)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 432.7M 262.8M 368.9M 355.1M
Cost Of Revenue - - - -
Gross Profit 432.7M 262.8M 368.9M 355.1M
Research Development - - - -
Selling General Administrative 124.4M 97.7M 106.7M 103.4M
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 131.6M 104M 113.2M 112.3M
Operating Income 301.1M 158.8M 255.7M 242.8M
Total Other Income Expense Net -100k -1.4M -4.2M -600k
Ebit 301.1M 158.8M 255.7M 242.8M
Interest Expense -2.7M -3.9M -7.4M -10.2M
Income Before Tax 301M 157.4M 251.5M 242.2M
Income Tax Expense 56.3M 29.6M 46.4M 44.5M
Minority Interest - - - -
Net Income From Continuing Ops 244.7M 127.8M 205.1M 197.7M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 244.7M 127.8M 205.1M 197.7M
Net Income Applicable To Common Shares 244.7M 127.8M 205.1M 197.7M

Balance Sheet Statement

Balance Sheet Statement history of Auto Trader Group plc (LSE:AUTO)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 51.3M 45.7M 37.6M 5.9M
Net Receivables 61M 57M 52.6M 53.2M
Total Current Assets 117.8M 105.6M 94M 62M
Long Term Investments 49.7M 54.6M 52.2M 49M
Property Plant Equipment 14.7M 11.2M 13.1M 16.7M
Good Will 340.9M 340.9M 327.5M 313.3M
Intangible Assets 14.7M 17.3M 14.4M 4.2M
Other Assets 5.1M 4.9M 7.7M 6.2M
Deferred Long Term Asset Charges 1.4M 1.7M 6.8M 6.2M
Total Assets 542.9M 534.5M 508.9M 451.4M
Accounts Payable 2.7M 5M 4.7M 4.3M
Other Current Liab 11.5M 3.7M 4.2M 25.3M
Other Liab 10.2M 18.4M 14M 12.1M
Total Current Liabilities 53.7M 24.8M 35.8M 55.7M
Total Liab 70.4M 75.8M 367.3M 392.4M
Common Stock 9.5M 9.7M 9.2M 9.3M
Retained Earnings 1.33B 1.31B 1.18B 1.1B
Treasury Stock -1.05B -1.04B -1.05B -1.05B
Capital Surplus 182.6M 182.4M - -
Other Stockholder Equity -1.03B -1.03B -1.03B -1.03B
Total Stockholder Equity 472.5M 458.7M 141.6M 59M
Net Tangible Assets 116.9M 100.5M -200.3M -258.5M
Long Term Debt - 27.6M 310.5M 310.3M

Cash Flow Statement

Cash Flow Statement history of Auto Trader Group plc (LSE:AUTO)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 244.7M 127.8M 205.1M 197.7M
Depreciation 6M 4.4M 5.2M 5.9M
Change To Netincome 3.8M 5.8M -16.6M 5.2M
Change To Account Receivables -5.3M -3.6M 1M -1.5M
Change To Liabilities 20.5M -12.3M -200k 2.2M
Total Cash From Operating Activities 271.9M 124.7M 195.7M 216.3M
Capital Expenditures -2.8M -1.3M -1.3M -1.7M
Other Cashflows From Investing Activities 7.8M 7.8M 7.8M 7.8M
Total Cashflows From Investing Activities 5M -11.4M -26.8M -22M
Dividends Paid -73.6M -73.6M -64.7M -57.6M
Net Borrowings -33.2M -285.5M -3.6M -33.1M
Other Cashflows From Financing Activities -2.4M -3.9M -7.3M -10.4M
Total Cash From Financing Activities -271.3M -105.2M -137.2M -192.7M
Change In Cash 5.6M 8.1M 31.7M 1.6M
Repurchase Of Stock -163.5M -163.5M -61.7M -93.5M
Issuance Of Stock 1.4M 184.2M 100k 1.9M