Top Page
K3 Business Technology
(LSE:KBT)
K3 Business Technology (KBT) vs. S&P 500 (SPY)
K3 Business Technology Business Overview & Revenue Model
K3 Business Technology Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 43.78M | 47.53M | 45.27M | 48.82M | 78.41M | Gross Profit |
| 27.14M | 28.15M | 26.84M | 28.71M | 40.04M | EBIT |
| -1.40M | -3.37M | -6.27M | -19.69M | -12.79M | EBITDA |
| 830.00K | 1.70M | 804.00K | -13.52M | 7.98M | Net Income Common Stockholders |
| -2.38M | -4.09M | -8.76M | -20.95M | -15.45M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 8.30M | 7.11M | 9.15M | 9.31M | 8.23M | Total Assets |
| 45.00M | 53.09M | 55.91M | 70.32M | 90.85M | Total Debt |
| 996.00K | 931.00K | 1.87M | 15.10M | 14.56M | Net Debt |
| -7.31M | -6.18M | -7.28M | 5.80M | 6.34M | Total Liabilities |
| 17.73M | 20.45M | 20.11M | 40.41M | 41.59M | Stockholders Equity |
| 27.28M | 32.64M | 35.80M | 29.91M | 49.26M |
| Cash Flow | Free Cash Flow | |||
| 2.06M | -143.00K | -4.15M | 3.00M | 751.00K | Operating Cash Flow |
| 3.38M | 2.43M | -507.00K | 8.23M | 5.50M | Investing Cash Flow |
| -1.41M | -2.75M | 11.12M | -5.23M | -4.75M | Financing Cash Flow |
| -870.00K | -1.47M | -8.83M | 743.00K | -3.76M |
K3 Business Technology Technical Analysis
K3 Business Technology Peers Comparison
K3 Business Technology Corporate Events
K3 Business Technology Group PLC announced that its Share Capital Reduction was approved at the General Meeting, and the company will seek court confirmation to finalize the process. Following this, K3 plans to return approximately £29 million to shareholders via a Tender Offer and intends to de-list from AIM, signaling a significant shift in its market strategy.
Spark’s Take on GB:KBT Stock
According to Spark, TipRanks’ AI Analyst, GB:KBT is a Neutral.
K3 Business Technology’s overall performance reflects challenges in profitability and revenue growth, tempered by a strong balance sheet and positive cash flow. Technical indicators suggest a potential buying opportunity, yet high valuation remains a concern. Investors should weigh the operational inefficiencies against the possibility of a rebound in market sentiment.
To see Spark’s full report on GB:KBT stock, click here.
K3 Business Technology Group PLC announced that all resolutions at its Annual General Meeting were passed, indicating strong shareholder support. This includes the re-election of directors and the authorization for directors to allot shares, reflecting stability and confidence in the company’s governance and strategic direction.
Spark’s Take on GB:KBT Stock
According to Spark, TipRanks’ AI Analyst, GB:KBT is a Neutral.
K3 Business Technology’s overall performance reflects challenges in profitability and revenue growth, tempered by a strong balance sheet and positive cash flow. Technical indicators suggest a potential buying opportunity, yet high valuation remains a concern. Investors should weigh the operational inefficiencies against the possibility of a rebound in market sentiment.
To see Spark’s full report on GB:KBT stock, click here.
K3 Business Technology Group PLC announced the retirement of CEO Eric Dodd, effective 30 September 2025. Dodd has been instrumental in reshaping the company’s cost structure and supporting shareholder value. Following the sale of its largest business unit, NexSys Solutions Limited, K3 plans to return approximately £29 million to shareholders and is considering a potential de-listing from AIM. The company will not appoint a new CEO, with business unit heads reporting directly to the Board.
K3 Business Technology Group PLC has announced plans to return approximately £29 million to shareholders following the sale of NexSys Solutions Limited. The return of capital is contingent upon a share capital reduction, which requires shareholder approval and a court order. The company is also considering a potential de-listing from AIM to further streamline operations and reduce costs, with consultations planned with shareholders before any decision is made.
K3 Business Technology Group PLC reported a challenging year with a significant decrease in revenue from continuing operations, primarily due to reduced activity at Global Accounts. Despite this, the company managed to improve its adjusted operating loss and maintain strong financial discipline. The sale of NexSys Solutions Limited for £36.0m was a key highlight, allowing the company to plan a substantial return of cash to shareholders. The ongoing operations are expected to achieve cash breakeven by the end of February 2025, aligning with management expectations.