Revenue rose 12% to £156.5 million, up from £139.6 million in the same period last year
LONDON: GlobalData Plc (AIM: DATA), a leading provider of data, insight, and technology solutions, on Tuesday reported resilient half-year results for the period ended June 30, 2025, as it continues to execute its Growth Transformation Plan.
Revenue rose 12% to £156.5 million, up from £139.6 million in the same period last year. Underlying growth stood at 1%, reflecting ongoing investments in sales infrastructure and corporate transformation amid macroeconomic challenges.
Adjusted EBITDA fell to £52.1 million, down from £57.8 million in HY24, with margins narrowing to 33% from 41%. The company attributed the decline to acquisition-related costs, foreign currency impacts, and phased investments aimed at delivering synergies. Operating profit dropped to £28.5 million from £37.8 million.
Despite margin pressures, GlobalData maintained strong operating cash flow conversion at 127% of Adjusted EBITDA. Contracted Forward Revenue grew 3%, signaling improved visibility for the remainder of FY25.
The company continued to invest in its Growth Transformation Plan, including £34.5 million in acquisitions of Ai Palette and Stylus. A move to the Main Market listing is expected to complete in Q4 2025. Additionally, a tender offer of up to £60 million will launch on August 5 at £1.50 per share, following £39.7 million in buybacks during the first half.
CEO Mike Danson said the first half marked a period of transition, with sales teams shifting to solutions-based selling. “We are starting to see good signs of progress,” Danson said.
“Our continued investment in AI and digital workers is helping customers make critical decisions, and we believe our platform and financial strength offer shareholders a compelling long-term opportunity.”