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Hydrodec Group

Current Price 11.00p Bid 11.00p Ask 11.50p Change 0.00%
Last Updated: 13/11/2019 03:00. Prices delayed by at least 15 minutes.
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Company Overview

HydroDec Group plc's technology is a proven, highly efficient, oil re-refining and chemical process initially targeted at the multi-billion US$ market for transformer oil used by the world's electricity industry. MarketsandMarkets forecasts that the global transformer oil market is expected to grow from US$1.98 billion in 2015 to US$2.79 billion by 2020 at a CAGR of 7.14% from 2015 to 2020. Spent oil is currently processed at two commercial plants with distinct competitive advantage delivered through very high recoveries (near 100%), producing as new high quality oils at competitive cost and without environmentally harmful emissions. The process also completely eliminates PCBs, a toxic additive banned under international regulations. In 2016 Hydrodec received carbon credit approval from the American Carbon Registry (ACR), enabling its product to be sold with a carbon offset and creating an incremental revenue stream. The Group is now generating carbon offsets through the re-refining of used transformer oil, which would otherwise ordinarily be incinerated or disposed of in an unsustainable manner. This is a highly distinctive feature for the Group, confirming (as far as the Board is aware) Hydrodec as the only oil re-refining business in the world to receive carbon credits for its output. This is a significant endorsement of the Company's proprietary technology and standing as a leader in its field.

Financial Highlights Year Ended 31/12/2018

Turnover
£15.02m
Operating Profit
£-4.85m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-0.09

Key Personnel

Lord Colin Berkeley Moynihan
Executive Chairman
David Alan Dinwoodie
Int Chief Financial Officer
Christopher John Ellis
Non-Executive Director
Andrew Wilson Black
Non-Executive Director
Dame Mary Doreen Archer
Non-Executive Director

Stock Details

EPIC
HYR
ISIN
GB00BFD2QZ40
Shares in Issue
28,373,839
Market cap
£3.19m

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
0.00p
Bid Price
11.00p
Ask Price
11.50p
Volume
0
Change Today
0.00p
% Change Today
0.00%
Open
0.00p
Previous Close
11.25p
Intraday High
0.00p
Intraday Low
0.00p
52 Week High
75.50p
52 Week Low
9.10p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Hydrodec Group Intra-day Chart

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Tangible Assets
30.1
36.6
Intangible Assets & Goodwill
5.7
6.7
Investments & Other Non-Current Assets
0.0
0.0
Total Non-Current Assets
35.8
43.3
Inventory
0.5
0.6
Trade & Receivables
1.9
2.1
Cash & Receivables
2.2
0.1
Other Current Assets & Assets Held for Resale
1.1
0.0
Total Assets
41.4
46.1

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Short Term Liabilities
12.0
19.8
Long Term Liabilities
4.8
8.1
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
16.8
27.8

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Net Assets
24.6
18.3

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Share Capital
19.6
6.2
Minority Interests
3.5
7.6
Retained Earnings
-184.5
-175.0
Share Premium Account
136.6
130.5
Other Equity
49.4
48.9
Total Equity
24.6
18.3

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Cashflow from Operating Activities
-7.2
1.4
Cashflow Before Financing
-7.5
1.0
Increase / Decrease in Cash
1.7
0.4

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Turnover
15.0
18.0
Cost of Sales
12.9
15.3
Gross Profit
2.1
2.7
Operating Profit
-4.9
-3.1
Pre-Tax Profit
-6.7
-4.4
Profit / Loss for the Year
-13.7
-4.3
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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