Dividend
- Final dividend of 15.1p per share, making a full year dividend for 2025 of 23.3p, an increase of 41% (2024: 16.5p).
Other Financial Highlights
- Group revenue up 11% to £48.4m (2024: £43.8m), with growth across all divisions. Annualised recurring revenue streams (ARR) up 12% to £48.6m as at 31 December 2025 (31 December 2024: £43.4m), with over 90% of reported revenue for 2025 deriving from the recurring revenue sources of insurance and SaaS subscriptions.
- Strong balance sheet and liquidity with a cash and bank deposits position of £29.0m as at 31 December 2025 (December 2024: £27.4m) and no debt.
- Cash generated from operating activities of £9.9m (2024: £11.4m).
- Profit before tax up 23% to £8.4m (2024: £6.8m).
- Adjusted EBITDA* up 22% to £12.1m (2024: £10.0m), ahead of market expectations.
