NextEnergy Solar Fund Ltd

NextEnergy Solar Fund Ltd

NESF · LSE · Financial Services / Asset Management

50.80GBX+2.00 (+4.10%)

Price History

Full chart

Market Stats

Previous Close48.80
Open49.25
Day Range48.30 – 50.90
52-Week Range39.59 – 53.77
Volume3.32M
Market Cap277.53M
P/E (TTM)0.00
Forward P/E9.89
EPS-0.11
Dividend Yield14.67%
Beta0.36
50-Day Avg49.41
200-Day Avg48.22

About

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial. It invests in solar power plants. The fund may also acquire selected building-integrated installations. It invests in electric power by solar energy and independent power producers and energy traders. It seeks to invest in the United Kingdom. It will typically seek to acquire sole ownership, but may enter into joint ventures or acquire majority interests. Where an interest of less than 100 percent in a particular asset is acquired, the fund intends to secure controlling shareholder rights through shareholders' agreements or other legal arrangements. The fund will not invest more than 30 percent of the gross asset value in any one project. In case of under developed assets it will not invest more than 10 per cent of the gross asset value. It may invest by way of equity or a mix of equity and shareholder loans.

Company Details

Financials

Income Statement

Currency: GBP2015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue8.46M3.03M51.48M41.08M74.81M-20.15M51.42M138.68M60.20M3.58M1.06M-48.91M
Growth (%)--64.11%+1596.27%-20.19%+82.10%-126.93%+355.16%+169.70%-56.59%-94.05%-70.37%-4710.18%
Cost of Revenue-2.62M3.50M5.07M5.40M5.63M5.16M5.04M5.83M---
Gross Profit8.46M3.03M51.48M36.01M69.41M-25.78M46.26M138.68M60.20M3.58M1.06M-48.91M
Gross Margin100.00%100.00%100.00%87.66%92.78%127.93%89.97%100.00%100.00%100.00%100.00%100.00%
Operating Expense1.84M999.92K1.65M4.14M-2.17M3.87M6.04M11.13M11.88M11.94M11.92M12.12M
Operating Income6.62M2.03M49.83M31.88M71.58M-29.65M40.22M127.55M48.32M-8.36M-10.86M-61.04M
Operating Margin78.30%67.05%96.80%77.59%95.68%147.14%78.23%91.98%80.26%-233.37%-1023.09%124.78%
EBITDA6.62M2.03M49.83M32.16M73.42M-29.54M49.89M127.55M48.32M-8.22M-10.72M-60.90M
EBITDA Margin78.30%67.05%96.80%78.28%98.14%146.60%97.03%91.98%80.26%-229.49%-1009.99%124.50%
Net Income6.83M2.03M49.83M32.16M71.58M-29.65M40.22M127.55M48.32M-8.36M-10.86M-61.04M
Net Income Margin80.74%67.05%96.80%78.28%95.68%147.14%78.23%91.98%80.26%-233.37%-1023.09%124.78%
Interest Expense-0000000----
Interest Expense % of Total Revenue-0.00%0.00%0.00%0.00%0.00%0.00%0.00%----

Balance Sheet

Currency: GBP2015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets248.45M321.42M486.86M630.51M783.46M802.68M802.66M878.34M875.23M819.61M748.62M638.80M
Total Liabilities88.94K47.61M8.28M25.52M1.17M2.37M23.95M209.84M2.34M200.99M201.25M201.29M
Total Equity248.36M273.81M478.58M604.99M645.05M578.63M580.79M668.50M674.42M618.62M547.37M437.51M
Cash90.22M5.94M59.83M75.89M19.29M25.13M10.81M19.61M14.35M8.86M3.22M25.10M
Total Debt----99.02M197.78M197.92M198.06M198.20M198.34M198.47M198.61M
Net Debt-90.22M-5.94M-59.83M-75.89M79.74M172.65M187.11M178.45M183.84M189.48M-3.22M173.51M

Cash Flow

Currency: GBP2015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow-119.89M-107.81M-101.06M-78.47M-124.16M-56.04M33.24M58.14M46.44M51.46M64.24M80.20M
Investing Cash Flow206.34K108.11K13.39K285.00K65.00K-106.51M-19.50M6.86M-26.10M---
Financing Cash Flow191.86M23.42M154.94M94.25M67.48M61.88M-47.56M-49.34M-51.90M-56.94M-69.89M-58.33M
Capital Expenditure000000000000
Free Cash Flow-119.89M-107.81M-101.06M-78.47M-124.16M-56.04M33.24M58.14M46.44M51.46M64.24M80.20M
Dividends Paid3.71M15.00M22.22M30.13M31.52M36.77M47.56M49.34M51.90M56.94M58.71M57.99M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-3.09%-13.91%-21.99%-38.39%-25.39%-65.62%143.08%84.87%111.75%110.67%91.39%72.31%

Earnings

Report DateJun 28, 2016Nov 30, 2016Jun 28, 2017Nov 17, 2017Jun 13, 2018Nov 20, 2018Jun 18, 2019Nov 14, 2019Jun 30, 2020Nov 23, 2020Jun 28, 2021Nov 19, 2021Jun 27, 2022Nov 21, 2022Jun 19, 2023Nov 21, 2024Jun 14, 2025Dec 2, 2025
EPS Estimate0.000.000.000.000.000.000.000.00-0.00----0.000.000.000.00
EPS Actual-0.020.080.060.030.030.030.080.03-0.090.040.020.060.110.110.00-0.030.01-0.02
Surprise------------------
Timing------------Pre-marketPre-marketPre-market---

Key Statistics & Ratios

Market Cap277.53M
Enterprise Value451.05M
Trailing P/E0.00
Forward P/E9.89
Price / Sales8.34
Price / Book0.65
EPS-0.11
Book Value0.761
Revenue (TTM)33.26M
Gross Profit (TTM)33.26M
EBITDA137.24M
Profit Margin-183.50%
Operating Margin79.86%
Return on Equity-12.40%
Return on Assets2.43%
Shares Outstanding575.20M
Shares Float0
Beta0.36
Dividend Yield14.67%
Dividend Rate0.07
Payout Ratio98.41%

Dividends

20264×
0.01Nov 12, 20260.02Aug 13, 20260.02May 14, 20260.02Feb 12, 2026
20254×
0.02Nov 13, 20250.02Aug 14, 20250.02May 22, 20250.02Feb 13, 2025
20244×
0.02Nov 14, 20240.02Aug 15, 20240.02May 23, 20240.02Feb 15, 2024
20234×
0.02Nov 16, 20230.02Aug 17, 20230.02May 18, 20230.02Feb 16, 2023
20224×
0.02Nov 17, 20220.02Aug 18, 20220.02May 19, 20220.02Feb 17, 2022
20214×
0.02Nov 18, 20210.02Aug 19, 20210.02May 20, 20210.02Feb 18, 2021