Mha Ltd

MHA · LSE · Industrials / Specialty Business Services

145.50GBX-1.00 (-0.68%)

Price History

Full chart

Market Stats

Previous Close146.50

Open147.79

Day Range145.00 – 148.00

52-Week Range114.39 – 169.64

Volume118.62K

Market Cap375.73M

P/E (TTM)11.98

Forward P/E10.85

EPS0.11

Dividend Yield6.68%

50-Day Avg136.16

200-Day Avg141.53

About

Mha Plc offers financial and business strategy services to enterprises and individuals. The company's services include business advice, audit, accountancy, tax, vat, corporate finance, corporate recovery, counter fraud, business strategy, outsourcing, cloud accounting, and business advice. The company was formerly known as Project Balance Topco 1 PLC and changed its name to Mha Plc in March 2025. The company was founded in 1869 and is based in Milton Keynes, the United Kingdom.

Company Details

SectorIndustrials
IndustrySpecialty Business Services
CEOMr. Rakesh Shaunak CTA, F.C.A., FCA CTA
Employees2.30K
HeadquartersThe Pinnacle, Milton Keynes, United Kingdom, MK9 1LZ, UK
Websitehttps://www.mha.co.uk

Leadership

Mr. Rakesh Shaunak CTA, F.C.A., FCA CTACEO & Executive Director · b. 1956
Mr. Steven MooreExecutive Director & CFO · b. 1963
Mr. Murray WattPartner and Head of Operations
Mr. Phil YarwoodDirector of Corporate Finance
Mr. Andrew MoyserHead of Audit & Partner · b. 1982
Mr. Martin HerronChief Risk Officer & Partner · b. 1969
Ms. Katherine SimonHead of Professional Services, Ethics Partner & Partner · b. 1978
Mr. Graham GordonHead of Wealth Management & Partner · b. 1968
Mr. Ahmer KhanHead of Insurance
Mr. James SmithPartner & Head of Global Mobility

Financials

Income Statement

Currency: GBP	2022-03-31	2023-03-31	2024-03-31	2025-03-31	2026-03-31
Total Revenue	90.85M	112.83M	154.04M	-	251.36M
Growth (%)	-	+24.20%	+36.52%	-	-
Cost of Revenue	3.08M	2.02M	4.63M	-	11.06M
Gross Profit	87.76M	110.81M	149.41M	-	240.30M
Gross Margin	96.61%	98.21%	97.00%	-	95.60%
Operating Expense	54.46M	65.09M	91.31M	-	200.99M
Operating Income	33.30M	45.73M	58.11M	79.42M	39.31M
Operating Margin	36.66%	40.52%	37.72%	-	15.64%
EBITDA	-	49.14M	62.67M	-	44.30M
EBITDA Margin	-	43.55%	40.69%	-	17.62%
Net Income	31.69M	43.99M	56.33M	-	28.09M
Net Income Margin	34.88%	38.99%	36.57%	-	11.18%
Interest Expense	1.14M	1.14M	963.00K	-	1.60M
Interest Expense % of Total Revenue	1.26%	1.01%	0.63%	-	0.64%

Balance Sheet

Currency: GBP	2022-03-31	2023-03-31	2024-03-31	2025-03-31	2026-03-31
Total Assets	84.71M	102.51M	113.11M	137.59M	167.43M
Total Liabilities	52.32M	51.66M	49.69M	121.42M	112.63M
Total Equity	32.39M	50.86M	63.42M	16.17M	54.80M
Cash	17.48M	28.33M	25.96M	-	28.53M

Cash Flow

Currency: GBP	2022-03-31	2023-03-31	2024-03-31	2025-03-31	2026-03-31
Operating Cash Flow	33.77M	41.99M	51.84M	-	72.70M
Capital Expenditure	809.00K	195.00K	369.00K	0	1.04M
Free Cash Flow	32.96M	41.80M	51.47M	-	71.66M
Dividends Paid	968.00K	2.31M	3.14M	-	2.57M
FCF to OCF	97.60%	99.54%	99.29%	-	98.57%
Dividend Paid to FCF	2.94%	5.52%	6.11%	-	3.59%

Earnings

Report Date	Nov 20, 2025
EPS Estimate	0.00
EPS Actual	0.06
Surprise	-
Timing	-

Key Statistics & Ratios

Market Cap375.73M

Enterprise Value377.97M

Trailing P/E11.98

Forward P/E10.85

Price / Sales1.49

Price / Book7.00

EPS0.11

Book Value0.213

Revenue (TTM)251.36M

Gross Profit (TTM)240.30M

EBITDA38.87M

Profit Margin11.18%

Operating Margin14.66%

Return on Equity43.76%

Return on Assets15.02%

Shares Outstanding285.18M

Shares Float52.97M

Dividend Yield6.68%

Dividend Rate0.09

Payout Ratio89.66%

Dividends

20263×

0.02Aug 27, 20260.01Jun 18, 20260.01Apr 2, 2026

20251×

0.01Nov 27, 2025