Public Policy Holding Company, Inc. PPHC
Our mission is to be the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders.
Founded by veteran advisors with decades of experience in Washington, D.C.'s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth. We designed our business to address the growing complexity and costs facing major corporate and non-profit entities in managing increasingly intricate and interdependent public policy and reputational challenges, and we now help more than 1,400 clients around the world navigate today's complex mosaic of stakeholders across the full spectrum of corporate affairs. Our clients include nearly half of the Fortune 100.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $186.5M | $149.6M | — |
| Cost of revenue | $167.9M | $132.3M | — |
| Gross profit | $18.6M | $17.3M | — |
| SG&A | $31.8M | $26.8M | — |
| Total operating expenses | $220.5M | $167.7M | — |
| Operating income | -$33.9M | -$18.2M | — |
| Interest expense | $3.4M | $1.9M | — |
| Pre-tax income | -$34.6M | -$17.4M | — |
| Income tax | $4.4M | $6.5M | — |
| Net income | -$39.0M | -$24.0M | — |
| EPS, basic | -2.37 | -2.34 | — |
| EPS, diluted | -2.37 | -2.34 | — |
| Shares, diluted (wtd. avg.) | $17.5M | $13.4M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $20.4M | $14.5M | $14.3M |
| Receivables | $21.9M | $18.3M | — |
| Total current assets | $58.6M | $45.7M | — |
| Property, plant and equipment | $598.0K | $751.0K | — |
| Goodwill | $57.0M | $64.3M | $47.9M |
| Other intangibles | $37.1M | $32.1M | — |
| Total assets | $202.6M | $174.5M | — |
| Accounts payable | $6.2M | $4.8M | — |
| Short-term debt | $9.1M | $6.0M | — |
| Total current liabilities | $52.9M | $37.8M | — |
| Long-term debt | $37.9M | $26.0M | — |
| Total liabilities | $127.6M | $93.2M | — |
| Retained earnings | -$163.4M | -$115.7M | — |
| Total equity | $74.9M | $81.3M | $82.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | $24.8M | $16.4M | — |
| Depreciation and amortisation | $192.0K | $136.0K | — |
| Capital expenditure | $11.0K | $56.0K | — |
| Investing cash flow | -$21.6M | -$19.5M | — |
| Financing cash flow | $2.5M | $3.3M | — |
| Dividends paid | $8.7M | $16.8M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-045284.
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