XP Factory plc (LON: XPF), one of the UK’s pre-eminent experiential leisure businesses operating the Escape Hunt® and Boom Battle Bar® brands, has announced its unaudited interim results for the six months ended 30 September 2024.
| H1 FY2025 (£m) | H1 20231 (£m) | Change | |
| Revenue | 24.9 | 18.7 | +33.2% |
| Gross Profit | 15.6 | 11.7 | +33.6% |
| Pre IFRS 16 Site level EBITDA | 5.6 | 5.0 | +11.3% |
| Pre IFRS 16 Group Adjusted EBITDA1 | 1.5 | 1.1 | +30.5% |
| Post IFRS16 Group Adjusted EBITDA1 | 3.2 | 2.4 | +34.7% |
| Free cash generation3 | 2.1 | 2.2 | -7.4% |
FINANCIAL HIGHLIGHTS
| · | Group revenue increased 33.2% to £24.9m (H1 2023: £18.7m) |
| – Escape Hunt owner operated site revenue increased 7% to £6.5m (H1 2023: £6.1m) | |
| – Boom Battle Bar (“Boom”) owner operated revenue increased 56% to £17.6m (H1 2023: £11.3m) | |
| · | Gross margin maintained at 62.8% (H1 2023: 62.6%) |
| · | Pre IFRS 16 Group Adjusted EBITDA2 profit increased 30.5% to of £1.5m (H1 2023: £1.1m) |
| · | Pre IFRS16 site level EBITDA up 11% to £5.6m (H1 2023: £5.0m) |
| · | Free cash generation3 of £2.1m (H1 2023: £2.2m) |
| · | £3.6m invested in growth capex, and £0.3m in maintenance capex |
| · | Cash balance at 30 September 2024 of £1.9m (31 March 2024 £3.9m) |
| · | Net debt at 30 September 2024 of £1.3m (31 March 2024: £0.0m) |
