TwentyFour Income Fund Ltd

TFIF · LSE · Financial Services / Asset Management

106.40GBX+0.40 (+0.38%)

Price History

Full chart

Market Stats

Previous Close106.00

Open105.80

Day Range105.78 – 106.40

52-Week Range97.87 – 110.10

Volume911.43K

Market Cap1.00B

P/E (TTM)15.42

Forward P/E0.00

EPS0.07

Dividend Yield10.03%

50-Day Avg108.29

200-Day Avg109.73

About

TwentyFour Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Limited. The fund is managed by TwentyFour Asset Management LLP. It invests in the fixed income markets of Europe. The fund primarily invests in asset backed securities. It seeks to invest in securities across the maturity spectrum. The fund employs fundamental analysis with both top-down and bottom-up security selection approaches, focusing on such factors as market technicals, sentiment, valuations, risk/stress analysis, pre-sale reports, investment banking research, historical information/reporting, manager evaluation, and site visits to create its portfolio. TwentyFour Income Fund Limited was formed on March 6, 2013 and is domiciled in Guernsey.

Company Details

SectorFinancial Services
IndustryAsset Management
Employees0
Headquarters4th Floor, London, United Kingdom, EC3M 3BY, UK
Websitehttps://www.twentyfouram.com/funds/twentyfour

Financials

Income Statement

Currency: GBP	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31	2023-09-30	2024-03-31	2025-03-31	2026-03-31
Total Revenue	51.83M	26.86M	-18.70M	56.27M	45.88M	8.24M	-63.31M	128.14M	37.53M	-20.80M	122.76M	137.63M	106.86M	90.78M
Growth (%)	-	-48.19%	-169.64%	+400.86%	-18.47%	-82.04%	-868.35%	+302.39%	-70.71%	-155.42%	+690.17%	+12.11%	-22.35%	-15.05%
Cost of Revenue	-	-	-	3.31M	3.73M	4.45M	5.09M	4.82M	4.74M	5.47M	-	6.18M	621.98K	6.97M
Gross Profit	51.83M	26.86M	-18.70M	52.96M	42.15M	8.24M	-63.31M	128.14M	37.53M	-20.80M	122.76M	137.37M	106.24M	83.81M
Gross Margin	100.00%	100.00%	100.00%	94.12%	91.87%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	99.81%	99.42%	92.32%
Operating Expense	507.02K	732.86K	782.45K	-2.28M	-2.92M	1.27M	1.55M	1.14M	1.23M	1.79M	1.64M	1.36M	1.51M	28.02M
Operating Income	51.33M	26.12M	-19.49M	55.24M	45.07M	6.97M	-64.86M	127.00M	36.30M	-22.60M	121.12M	136.01M	104.73M	55.79M
Operating Margin	99.02%	97.27%	104.18%	98.18%	98.24%	84.57%	102.44%	99.11%	96.73%	108.63%	98.67%	98.83%	98.00%	61.46%
EBITDA	51.33M	26.12M	-19.49M	55.24M	45.07M	6.97M	-64.86M	127.00M	36.30M	-22.60M	-	136.73M	104.73M	54.83M
EBITDA Margin	99.02%	97.27%	104.18%	98.18%	98.24%	84.57%	102.44%	99.11%	96.73%	108.63%	-	99.35%	98.00%	60.39%
Net Income	51.33M	26.12M	-19.49M	55.24M	45.07M	6.97M	-64.86M	127.00M	36.30M	-22.60M	121.12M	136.01M	104.73M	54.83M
Net Income Margin	99.02%	97.27%	104.18%	98.18%	98.24%	84.57%	102.44%	99.11%	96.73%	108.63%	98.67%	98.83%	98.00%	60.39%
Interest Expense	0	0	0	0	0	0	0	0	1.28M	1.28M	1.41M	755.79K	621.98K	503.27K
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.41%	-6.15%	1.15%	0.55%	0.58%	0.55%

Balance Sheet

Currency: GBP	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31	2024-03-31	2025-03-31	2026-03-31
Total Assets	314.79M	349.04M	353.82M	467.43M	478.54M	538.63M	500.86M	603.46M	760.24M	775.88M	839.53M	874.38M	981.09M
Total Liabilities	739.07K	5.82M	20.40M	14.82M	8.53M	38.17M	25.49M	30.10M	41.76M	49.83M	25.99M	30.59M	54.56M
Total Equity	314.05M	343.23M	333.41M	452.61M	470.01M	500.47M	475.37M	573.36M	718.48M	724.98M	813.54M	843.79M	926.53M
Cash	6.73M	7.15M	4.91M	24.56M	11.62M	36.51M	1.41M	11.52M	59.71M	27.24M	13.14M	24.61M	61.61M
Total Debt	-	-	-	-	-	-	23.18M	27.23M	15.09M	49.83M	14.09M	4.17M	2.89M
Net Debt	-6.73M	-7.15M	-4.91M	-24.56M	-11.62M	-36.51M	21.77M	15.72M	-44.61M	22.59M	947.70K	-20.45M	-58.72M

Cash Flow

Currency: GBP	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31	2023-09-30	2024-03-31	2025-03-31	2026-03-31
Operating Cash Flow	-255.99M	-2.63M	-19.43M	-36.79M	14.73M	4.77M	-101.44M	35.10M	54.45M	-91.84M	-3.90M	69.86M	96.50M	56.76M
Investing Cash Flow	-	-	-	-23.50M	4.08M	-25.61M	-100.48M	-17.77M	20.46M	-112.57M	-	-4.02M	18.92M	-46.43M
Financing Cash Flow	262.72M	3.05M	17.19M	56.44M	-27.67M	20.11M	66.32M	-24.95M	-6.27M	59.36M	-1.05M	-83.96M	-85.03M	26.66M
Capital Expenditure	0	0	0	0	0	0	0	3	3	4	0	4	3	0
Free Cash Flow	-255.99M	-2.63M	-19.43M	-36.79M	14.73M	4.77M	-101.44M	35.10M	54.45M	-91.84M	-3.90M	69.86M	96.50M	10.80M
Dividends Paid	8.39M	19.30M	18.95M	24.21M	27.67M	28.92M	31.82M	32.47M	32.60M	47.56M	70.91M	77.35M	74.48M	85.44M
FCF to OCF	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%	19.03%
Dividend Paid to FCF	-3.28%	-732.92%	-97.50%	-65.81%	187.82%	606.40%	-31.37%	92.52%	59.86%	-51.78%	-1816.65%	110.73%	77.19%	791.24%

Earnings

Report Date	Aug 22, 2016	Nov 18, 2016	Aug 14, 2017	Nov 15, 2017	Jul 5, 2018	Nov 16, 2018	Jul 12, 2019	Nov 15, 2019	Jul 22, 2020	Dec 1, 2020	Jul 9, 2021	Nov 29, 2021	Jul 12, 2022	Dec 21, 2022
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	-	-
EPS Actual	-0.05	0.08	0.07	0.06	0.05	0.01	0.02	0.00	-0.13	0.17	0.08	0.05	0.03	-0.13
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap1.00B

Enterprise Value0

Trailing P/E15.42

Forward P/E0.00

Price / Sales14.83

Price / Book1.09

EPS0.07

Revenue (TTM)0

Gross Profit (TTM)0

Profit Margin0.00%

Operating Margin0.00%

Return on Equity1089.30%

Return on Assets0.00%

Shares Outstanding926.71M

Shares Float0

Dividend Yield10.03%

Dividend Rate0.11

Payout Ratio159.22%

Dividends

20264×

0.02Oct 22, 20260.02Jul 16, 20260.05Apr 23, 20260.02Jan 22, 2026

20254×

0.02Oct 16, 20250.02Jul 17, 20250.05Apr 17, 20250.02Jan 16, 2025

20244×

0.02Oct 17, 20240.02Jul 18, 20240.04Apr 18, 20240.02Jan 18, 2024

20234×

0.02Oct 19, 20230.02Jul 20, 20230.04Apr 20, 20230.02Jan 19, 2023

20224×

0.02Oct 20, 20220.01Jul 21, 20220.02Apr 21, 20220.01Jan 20, 2022

20214×

0.01Oct 21, 20210.01Jul 15, 20210.02Apr 22, 20210.01Jan 21, 2021