Polar Capital Technology Trust

Polar Capital Technology Trust

PCT · LSE · Financial Services / Asset Management

571.50GBX-20.00 (-3.38%)

Price History

Full chart

Market Stats

Previous Close591.50
Open583.00
Day Range569.50 – 591.00
52-Week Range420.00 – 743.50
Volume3.07M
Market Cap7.84B
P/E (TTM)2.16
Forward P/E0.00
EPS3.30
Dividend Yield0.00%
Beta0.74
50-Day Avg657.87
200-Day Avg600.47

About

Polar Capital Technology Trust plc is a closed ended equity mutual fund launched and managed by Polar Capital LLP. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the technology sector and other sectors which use technology like information, media, communications, environment, computing, healthcare, and renewable energy. The fund invests in stocks of companies across all market capitalizations. It employs fundamental analysis, with a focus on such factors as management quality, globalization of major technology trends, and international valuation anomalies to create its portfolio. The fund benchmarks the performance of its portfolio against the Dow Jones World Technology Index (Total Return). It was formerly known as Henderson Technology Trust Plc. Polar Capital Technology Trust plc was formed on December 16, 1996 and is domiciled in the United Kingdom.

Company Details

Leadership

  • Mr. Benjamin Charlton RogoffPortfolio Manager
  • Mr. Nicholas James EvansSenior Fund Manager
  • Ms. Fatima IuFund Manager
  • Mr. Xuesong Zhao C.F.A., CFAFund Manager
  • Mr. Christopher R. WittstockSenior Investment Analyst
  • Mr. Bradley ReynoldsInvestment Analyst of Technology
  • Mr. Paul Johnson CFAInvestment Analyst of Technology

Financials

Income Statement

Currency: GBP2004-04-302005-04-302006-04-302007-04-302008-04-302009-04-302010-04-302011-04-302012-04-302013-04-302014-04-302015-04-302016-04-302017-04-302018-04-302019-04-302020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Total Revenue93.14M-10.48M93.28M-17.46M-14.62M-14.01M129.17M77.90M37.47M26.87M59.73M188.01M9.63M451.99M287.13M386.74M362.89M1.07B-255.31M-101.77M1.15B124.15M1.50B
Growth (%)--111.26%+989.78%-118.71%+16.23%+4.20%+1022.07%-39.70%-51.90%-28.28%+122.28%+214.76%-94.88%+4594.06%-36.48%+34.69%-6.17%+194.11%-123.92%+60.14%+1227.85%-89.18%+1111.30%
Cost of Revenue----------00010.25M24.75M23.00M-15.33M-29.42M28.87M22.38M29.09M1.76M36.82M
Gross Profit93.14M-10.48M93.28M-17.46M-14.62M-14.01M129.17M77.90M37.47M26.87M59.73M188.01M9.63M441.74M262.38M386.74M378.22M1.10B-284.18M-124.15M1.12B122.39M1.47B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%97.73%91.38%100.00%104.23%102.76%111.31%121.99%97.47%98.58%97.55%
Operating Expense2.68M3.83M4.14M4.54M4.36M2.23M3.89M8.54M5.60M56.00K314.00K473.00K363.00K-9.97M-24.26M322.00K20.27M25.20M-10.97M-14.31M-1.77M1.67M-2.29B
Operating Income90.46M-14.32M89.15M-22.00M-18.98M-16.24M125.28M69.36M31.87M26.82M59.42M187.54M9.27M451.72M286.63M386.42M357.94M1.07B-273.21M-109.84M1.12B120.72M3.76B
Operating Margin97.12%136.56%95.57%126.01%129.79%115.94%96.99%89.04%85.05%99.79%99.47%99.75%96.23%99.94%99.83%99.92%98.64%100.40%107.01%107.93%97.62%97.24%249.70%
EBITDA90.46M-14.32M89.15M-22.00M-18.98M-16.24M125.28M69.36M31.87M26.82M41.31M66.24M7.83M444.74M288.38M-267.00K356.68M1.07B15.59M5.21M1.12B120.72M3.76B
EBITDA Margin97.12%136.56%95.57%126.01%129.79%115.94%96.99%89.04%85.05%99.79%69.16%35.23%81.32%98.39%100.44%-0.07%98.29%100.40%-6.11%-5.12%97.34%97.24%249.82%
Net Income89.75M-14.97M88.50M-22.70M-19.79M-17.29M124.44M68.08M30.54M25.44M58.22M186.39M8.29M449.85M284.57M383.64M360.10M1.06B-258.65M-105.18M1.12B118.36M3.75B
Net Income Margin96.35%142.81%94.87%130.06%135.35%123.38%96.34%87.41%81.49%94.67%97.47%99.14%86.07%99.53%99.11%99.20%99.23%99.66%101.31%103.35%97.18%95.33%249.53%
R&D--------------209.00K238.00K-------
R&D as % of Total Revenue--------------0.07%0.06%-------
Interest Expense569.00K501.00K454.00K485.00K480.00K675.00K547.00K826.00K835.00K637.00K403.00K302.00K445.00K650.00K627.00K954.00K1.26M910.00K973.00K1.51M1.87M1.76M1.59M
Interest Expense % of Total Revenue0.61%-4.78%0.49%-2.78%-3.28%-4.82%0.42%1.06%2.23%2.37%0.67%0.16%4.62%0.14%0.22%0.25%0.35%0.09%-0.38%-1.49%0.16%1.42%0.11%

Balance Sheet

Currency: GBP2000-04-302001-04-302002-04-302003-04-302004-04-302005-04-302006-04-302007-04-302008-04-302009-04-302010-04-302011-04-302012-04-302013-04-302014-04-302015-04-302016-04-302017-04-302018-04-302019-04-302020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Total Assets744.87M431.02M321.05M305.38M383.07M307.97M409.10M380.09M336.35M308.72M434.81M513.55M539.15M554.29M647.07M818.85M850.25M1.31B1.60B2.03B2.42B3.50B3.16B2.90B3.86B3.91B7.51B
Total Liabilities76.14M29.68M33.82M84.35M41.84M70.73M50.90M44.59M35.92M34.55M36.18M44.84M35.85M25.45M40.44M25.83M48.94M52.74M52.91M98.85M107.06M90.82M109.32M74.69M59.77M102.11M187.51M
Total Equity668.73M401.34M287.23M221.02M306.64M237.24M358.20M335.50M300.43M274.18M398.63M468.72M503.29M528.85M606.63M793.02M801.31M1.25B1.55B1.94B2.31B3.41B3.05B2.83B3.80B3.80B7.32B
Cash46.81M39.47M37.69M36.76M74.25M58.22M42.05M22.06M38.84M33.73M42.07M45.51M49.21M34.65M54.95M33.81M70.33M63.60M101.16M194.54M146.68M216.21M303.90M239.10M102.98M188.91M583.61M
Total Debt-----44.27M43.41M37.70M24.20M27.51M27.87M28.98M29.92M19.87M22.77M13.54M33.56M37.19M35.28M54.08M57.02M54.58M52.03M50.84M48.47M79.78M70.44M
Net Debt-----74.25M-13.96M1.36M15.64M-14.64M-6.22M-14.20M-16.52M-19.29M-14.78M-32.18M-20.28M-36.76M-26.41M-65.88M-140.47M-89.65M-161.62M-251.87M-188.25M-54.51M-109.14M-513.17M

Cash Flow

Currency: GBP2012-04-302013-04-302014-04-302015-04-302016-04-302017-04-302018-04-302019-04-302020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Operating Cash Flow-339.00K-4.29M719.00K-13.07M15.44M-18.05M27.32M72.28M-65.36M36.32M178.17M38.50M9.31M175.75M-50.37M
Investing Cash Flow------453.77M35.64M86.40M-59.15M90.83M203.59M44.92M--686.80M
Financing Cash Flow3.00M-10.43M25.04M-11.98M16.97M1.37M14.52M16.77M9.30M39.60M-98.00M-117.99M-141.71M-87.91M-234.29M
Capital Expenditure00000000000038.30M10.46M50.37M
Free Cash Flow-339.00K-4.29M719.00K-13.07M15.44M-18.05M27.32M72.28M-65.36M36.32M178.17M38.50M9.31M175.75M638.07M
Dividends Paid---------29.73M00000
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%100.00%100.00%-1266.69%
Dividend Paid to FCF---------81.85%0.00%0.00%0.00%0.00%0.00%

Earnings

Report DateDec 4, 2014Dec 8, 2015Jun 24, 2016Dec 16, 2016Jul 11, 2017Dec 12, 2017Jul 17, 2018Dec 12, 2018Jul 15, 2019Dec 9, 2019Jul 14, 2020Dec 11, 2020Jul 15, 2021Dec 15, 2021Jul 20, 2022Dec 12, 2022Jul 19, 2023Dec 10, 2024Jul 15, 2025Dec 10, 2025
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.00-----0.000.00-0.00
EPS Actual0.000.050.012.490.901.830.310.981.890.292.404.792.982.85-4.78-2.160.000.36-0.272.15
Surprise--------------------
Timing--------------Pre-marketPre-marketPre-market-Pre-market-

Key Statistics & Ratios

Market Cap7.84B
Enterprise Value6.83B
Trailing P/E2.16
Forward P/E0.00
PEG Ratio0.00
Price / Sales2.09
Price / Book1.04
EPS3.30
Book Value6.57
Revenue (TTM)3.79B
Gross Profit (TTM)3.79B
Profit Margin98.93%
Operating Margin98.44%
Return on Equity67.43%
Return on Assets41.10%
Shares Outstanding1.11B
Shares Float532.67M
Beta0.74
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Stock Splits

  • Sep 13, 202410:1