Vianet Group plc proposes a dividend of 1p per share, payable on 1 August 2025 to shareholders on the register on 20 June 2025.
Other financial highlights include:
Revenue Growth: Total revenue increased to £15.27 million, up from £15.18 million in FY24, highlighting the company's ability to drive sales amidst evolving and yet challenging market conditions.
Recurring Revenue: Recurring revenue reached £13.17 million, representing 86% of total revenue, compared to £12.94 million (85% in FY24). This robust performance underscores the stability and reliability of their business model.
Strong Gross Margin: The gross margin remained strong at 68.3%, compared to 68.7% in the previous year, reflecting enhanced operational efficiencies and cost control measures on recurring lines offsetting lower hardware margins associated with their footprint expansion strategy.
Increased Adjusted EBITA: Adjusted EBITA rose by 3.6% to £3.59 million, compared to £3.47 million in FY24, due to effective management and strategic execution.
Profit Before Tax: Profit before tax stood at £0.93 million, including a £0.25m R&D tax credit compared to £0.78 million in FY24, supporting resilience in profit generation during a challenging economic environment.
Profit After Tax: Profit after tax was up 60% to £0.86m (FY24: £0.54m)
Strong Earnings Growth: Earnings Per Share (EPS) increased 61% to 2.92p compared to 1.81p in FY24.
Significant Debt Reduction: Net debt has been reduced by 75% to £0.38 million, down from £1.52 million in FY24, reinforcing our financial stability and capacity for investment. It is worth noting that the cash position is post increased dividends payments and after increased buybacks for 2024.
Strong Cash Position: Year-end cash increased to £2.78 million, compared to £1.82 million in FY24, providing a solid foundation for future growth initiatives and strategic investments.
