Adjusted profit before tax from ongoing operations rose 18% to £28.4 million
LONDON: Wilmington plc (LSE: WIL), a provider of data, education and compliance services in global Governance, Risk and Compliance (GRC) markets, reported an 11% rise in annual revenue to £99.5 million for the year ended June 30, 2025, driven by broad-based growth across its portfolio.
Adjusted profit before tax from ongoing operations rose 18% to £28.4 million, while total adjusted profit before tax remained steady at £27.7 million. The Group’s adjusted PBT margin improved to 28.5% from 26.8% a year earlier.
Seven of Wilmington’s nine businesses posted revenue growth, with recently acquired Health and Safety and ESG units delivering double-digit gains. Annual recurring revenue rose to 36% of organic revenues, up from 34% in 2024.
The company continued its portfolio reshaping, acquiring Phoenix Health and Safety in October 2024 and divesting Compliance Week in February 2025. In August, Wilmington announced a proposed €121.6 million (£105 million) acquisition of Spanish RegTech firm Conversia, which CEO Mark Milner said would be earnings-enhancing and expand the Group’s footprint in the regulated data privacy sector.
“We have had a good start to the current financial year, with revenues and profits in line with expectations and look forward to Conversia joining the Group later this year,” Milner said.
Wilmington also confirmed plans to market its US-based events business FRA for sale and continues to invest in building a unified RegTech platform.