Redde Northgate (67GX) AI Stock Analysis

Redde Northgate

(LSE:67GX)

Select Model

Rating:57Neutral

Price Target:GBX 36.00▲(2.86% Upside)

Action:initiatedcoverage

Date:10/20/25

The most significant factor is sharply weakening financial performance, with collapsing margins and cash flow, which heavily constrain the score. While share price momentum is strong, extreme overbought technicals threaten its sustainability. The valuation picture is unclear due to missing P/E data and an anomalous yield; usually, such high yields are a warning sign, not a bargain. Overall risk is elevated, and recovery in operational fundamentals is crucial for future improvement.

Positive Factors

Business Model StrengthThe diverse revenue streams from vehicle rentals, fleet management, and accident management services provide resilience and adaptability in varying market conditions.

Negative Factors

Profitability ChallengesDecreasing gross and net profit margins highlight cost management issues, which could impact long-term profitability and competitive positioning.

Redde Northgate (67GX) vs. iShares MSCI United Kingdom ETF (EWC)

Market Cap: GBP 80.53M
Dividend Yield: 7.14%
Average Volume (3M): 22.00K
Price to Earnings (P/E): 1.0
Beta (1Y): 0.00
Revenue Growth: ―
EPS Growth: ―
Country: UK
Employees: 7,744
Sector: General
Sector Strength: 55
Industry: Financial - Credit Services

Redde Northgate Business Overview & Revenue Model

Company Description

Redde Northgate PLC offers a comprehensive suite of mobility solutions designed for both commercial enterprises and private individuals. These services include vehicle leasing, full-scope accident and incident management, routine maintenance and repa...

How the Company Makes Money

Redde Northgate makes money by selling services and access to vehicles across several complementary revenue streams. A major stream is accident management (often delivered via credit hire and related services): when a non-fault driver needs a tempora...

Redde Northgate Financial Statement Overview

Summary

Profitability and cash flow have deteriorated significantly. Collapse in free cash flow (down 97%), negative revenue growth, and falling margins highlight rising risk. Equity base is still healthy, but operational and liquidity concerns are acute.

Income Statement

61Positive

Balance Sheet

73Positive

Cash Flow

21Negative

Financial statement breakdown
Breakdown	TTM	Apr 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021
Income Statement
Total Revenue	1.81B	1.81B	1.83B	1.49B	1.24B	1.11B
Gross Profit	397.90M	397.90M	432.89M	435.57M	346.21M	252.54M
EBITDA	443.49M	443.49M	445.06M	396.53M	365.28M	294.08M
Net Income	79.84M	79.84M	125.02M	139.24M	101.55M	65.57M
Balance Sheet
Total Assets	2.34B	2.34B	2.23B	2.11B	1.85B	1.72B
Cash, Cash Equivalents and Short-Term Investments	33.74M	33.74M	39.80M	14.12M	24.56M	11.17M
Total Debt	869.93M	869.93M	781.53M	708.56M	607.11M	541.51M
Total Liabilities	1.27B	1.27B	1.18B	1.11B	900.15M	807.06M
Stockholders Equity	1.06B	1.06B	1.04B	994.60M	946.76M	908.13M
Cash Flow
Free Cash Flow	2.25M	2.25M	92.48M	75.19M	73.90M	128.58M
Operating Cash Flow	16.45M	16.45M	110.26M	84.32M	127.64M	137.88M
Investing Cash Flow	-11.27M	-11.27M	-17.80M	-15.21M	-47.44M	20.29M
Financing Cash Flow	-2.63M	-2.63M	-110.20M	-72.99M	-71.41M	-167.85M

Redde Northgate Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

GB:67GX against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GB:SBRE	72Outperform	GBP 415.75M	11.37	14.67%	8.25%	-10.22%	-5.62%
GB:ASY	71Outperform	GBP 213.48M	11.86	33.18%	5.08%	5.19%	4.98%
GB:67GX	57Neutral	GBP 1.04B	1.00	7.58%	7.14%	―	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
GB:PRO	45Neutral	GBP 34.19M	-2.24	-46.53%	―	―	―
GB:SDY	38Underperform	GBP 63.33M	-2.39	-19.68%	7.27%	-0.12%	-2304.17%

* General Sector Average

Performance Comparison

GB:67GX and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
GB:67GX	Redde Northgate Plc 3.5 % (5 % Gross) Cum Pref Registered Shs	35.00	2.46	7.55%
GB:ASY	Andrews Sykes	510.00	24.44	5.03%
GB:PRO	ProService Building Services Marketplace plc	4.25	-5.23	-55.17%
GB:SDY	Speedy Hire	13.76	-12.01	-46.61%
GB:SBRE	Sabre Insurance Group plc	172.20	50.34	41.31%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 19, 2025

Redde Northgate AI Stock Analysis