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Tungsten Corporation Fundamentals

Company Name Tungsten Corporation Last Updated 08 Jul 2020
Industry Financials Sector Specialty Finance
Shares in Issue (m) 126.09 Market Cap (£m) 48.48
PE Ratio -14.46 Div per Share () 0.00
Div Yield 0.00 Div Cover 0.00
EPS -2.66 EPS Growth (%) 71.85
PEG -0.20 DPS Growth (%) n/a
Debt Ratio 2.80 Debt Equity Ratio 0.18
Net Gearing 10.84 Gross Gearing 13.67
Asset Equity Ratio 1.16 Cash Equity Ratio 3.28
Quick Ratio 0.75 Current Ratio 0.75
Price To Book Value 0.42 ROCE -4.42

Tungsten Corporation Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Tungsten Corporation Company Financials

Assets (£m) 2019 2018 2017
Tangible Assets 3 3 2
Intangible Assets 121 123 118
Investments 0 0 0
Total Fixed Assets 123 127 121
Stocks 0 0 0
Debtors 7 10 9
Cash & Equivalents 4 6 18
Other Assets 0 0 4
Total Assets 135 143 151
Liabilities (£m) 2019 2018 2017
Creditors within 1 year 15 18 17
Creditors after 1 year 3 4 3
Other Liabilities 0 0 0
Total Liabilities 18 22 20
Net assets 116 121 131
Equity (£m) 2019 2018 2017
Called up share capital 1 1 1
Share Premium 189 189 189
Profit / Loss -5 -13 -13
Other Equity 29 31 29
Preference & Minorities 0 0 0
Total Capital Employed 116 121 131
Ratios 2019 2018 2017
Debt Ratio 2.80 2.86 1.96
Debt-to-Equity 0.18 0.16 0.13
Net Gearing 10.84 10.73 1.68
Gross Gearing 13.67 15.21 13.24
Assets / Equity 1.16 1.18 1.15
Cash / Equity 3.28 5.28 13.32
EPS -2.66 -9.45 -9.91
Cash Flow (£m) 2019 2018 2017
Cash from operating activities -0 -8 -15
Cashflow before financing -4 -16 10
Increase in Cash -3 -11 10
Income (£m) 2019 2018 2017
Turnover 36 34 31
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit -5 -12 -15
Pre-Tax profit -5 -13 -13
Profit / Loss for the year 1 1 1

Tungsten Corporation Company Background

Sector Specialty Finance
Activities Tungsten Corporation aims to be the leading global electronic invoicing and purchase order transactions network. Digital invoicing processes enable large businesses to reduce costs and effectively manage their businesses. They can improve business agility by creating scalable and repeatable growth processes, managing their cash effectively and making better decisions based on a comprehensive analysis of their data. Tungsten Network processes invoices for 74 percent of the FTSE 100 and 71 percent of the Fortune 500. It enables suppliers to submit tax compliant e-invoices in 50 countries, and last year processed transactions worth over £173bn for organisations such as Caesars Entertainment, Computacenter, GlaxoSmithKline, Kraft Foods, Mohawk Industries, Mondelez International, Procter & Gamble, Shaw Industries, Unilever and the US Federal Government.
Latest Interim Date 12 Dec 2019
Latest Fiscal Year End Date 22 Jul 2019

Tungsten Corporation Directors

Appointed Director Position
2019-09-02 Andrew John Lemonofides Chief Executive Officer
2020-04-27 Christiaan Thomas Allen Chief Financial Officer
2018-08-23 Anthony Sebastian Bromovsky Non-Executive Chairman
2020-03-31 Nicholas Weston Wells Non-Executive Director
2018-12-12 Andrew Spencer Doman Non-Executive Director
2019-02-08 Vivienne Katherine Maclachlan Non-Executive Director

Tungsten Corporation Contact Details

Company Name Tungsten Corporation
Company Address Vestry House, Laurence Pountney Hill, London EC4R 0EH.
Company Telephone +44 (0)20 3435 5680
Company Website http://www.tungstencorporationplc.com/

Tungsten Corporation Advisors

Auditor Name PricewaterhouseCoopers LLP
Auditor Address 1 Embankment Place, London WC2N 6RH.
Auditor Website http://www.pwc.co.uk/
Auditor Telephone +44(0) 20 7583 5000
Registrar Name Equiniti
Registrar Address Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA.
Registrar Website http://www.equiniti.com/
Registrar Telephone 0871 384 2030
Broker Name Charles Stanley Securities
Broker Address 131 Finsbury Pavement, London EC2A 1NT.
Broker Website http://www.csysecurities.com/
Broker Telephone +44 (0)20 7149 6942
Adviser Name Charles Stanley Securities
Adviser Address 131 Finsbury Pavement, London EC2A 1NT.
Adviser Website http://www.csysecurities.com/
Adviser Telephone +44 (0)20 7149 6942
Solicitor Name Ashurst LLP
Solicitor Address Broadwalk House, 5 Appold Street, London EC2A 2HA.
Solicitor Website http://www.ashurst.com/
Solicitor Telephone +44 (0)20 7638 1111
Stockbroker Name Canaccord Genuity Limited
Stockbroker Address 88 Wood Street, London EC2V 7QR.
Stockbroker Website http://www.canaccordgenuity.com/
Stockbroker Telephone +44 (0)20 7523 8000