AIM:MERC · Financials · Private capital asset management (venture capital, development capital/lending and property finance), AIM-listed

Mercia Asset Management plc

Mercia Asset Management PLC (formerly Mercia Technologies PLC) is a UK regional, multi-asset private capital manager operating venture capital, development capital (lending/private equity) and property finance platforms, alongside a legacy balance-sheet direct investment portfolio it is seeking to realise. It manages c.£2.2bn of assets, investing via its own fund platforms (Northern VCTs, EIS funds, British Business Bank-backed regional funds) and generates revenue mainly from recurring fund management fees. Headquartered in Henley-in-Arden, Warwickshire, with 11 regional offices across the UK.

Export the Mercia Asset Management plc factsheetfree account Open the FY2026 report

AIM:MERCClose, 16 Oct 2026

0.0% on the day+3.3% over a year

Market cap£132m
52-week range26.0p – 31.2p
Dividend yield3.2%
Free cash flow yield2.7%
Shares traded a day471k

Prices to 16 Oct 2026 · ratios on the FY2026 accounts · not investment advice

The company

Admitted18 Dec 2014
Registered officeForward House, 17 High Street, Henley-in-Arden, Warwickshire, B95 5AA
IncorporatedUnited Kingdom
Employees133
Reports inGBP
Companies House09223445
Websitemercia.co.uk
Chief executiveDr. Mark Payton
Finance directorMartin Glanfield
ChairIan Metcalfe OBE, DL
AuditorBDO LLPclean opinion in all 11 reports read · 1 change of auditor
Adviser and brokerCanaccord Genuity Ltd (Nominated Adviser and joint broker); Singer Capital Markets Advisory LLP (joint broker)
Next annual reportExpected 8 Jul 2027for the year to 31 Mar 2027

Share price and financials

31.0p at close on 16 Oct 2026 · 12 reported years, FY2015–FY2026

Years in viewFY2015 – FY2027

16 Oct 202631.0p−24.4% since 4 Jan 2016 23k traded

31.0p

Line	FY2015locked	FY2016locked	FY2017locked	FY2018locked	FY2019locked	FY2020locked	FY2021locked	FY2022locked	FY2023locked	FY202503/25	FY202603/26
Revenue	48.2	19.2	33.3	43.4	24.8	35.2	18.6	33.1	40.2
Operating profit	(8.3)	(5.8)	(7.8)	(10.0)	(6.4)	(9.3)	(10.8)	(9.5)	(9.5)
Adjusted operating profit	(7.6)	(7.1)	(14.3)	(13.0)	(9.3)	(9.2)	(7.0)	(16.0)	(17.8)	—	—
Exceptional items	0	0	0	0	0	0	0	0	0	—	—
Net finance cost	(3.1)	(2.5)	(3.1)	(3.7)	(2.4)	(3.6)	(1.8)	(2.9)	(2.2)
Profit before tax	(8.9)	(4.7)	(6.8)	(7.6)	(9.8)	(7.8)	(4.8)	(9.2)	(8.0)
Tax charge	1.2	0.90	0.75	0.79	0.87	1.4	0.81	0.73	1.7
Profit for the year	(9.2)	(6.1)	(4.3)	(7.2)	(5.7)	(9.2)	(6.7)	(5.2)	(4.3)
EBITDA	(9.9)	(9.5)	(8.0)	(8.4)	(6.5)	(4.9)	(8.5)	(5.5)	(4.2)
Basic EPS	(1.72p)	(1.57p)	(1.85p)	(2.10p)	(1.48p)	(1.34p)	(1.18p)	(1.00p)	(1.61p)
Diluted EPS	(0.83p)	(1.56p)	(1.62p)	(2.13p)	(1.53p)	(2.14p)	(1.97p)	(2.04p)	(1.66p)
Dividend per share	1.02p	0.93p	0.96p	1.19p	0.58p	1.06p	0.59p	1.17p	1.11p

GBP millions, negatives in brackets. Per-share lines in pence. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.

2 figures

3 years, at a glance

GBP · %

Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.

FY2026Revenue£34.1mOperating margin−26.0%