- GB Group
- 22 July 2025 12:01:46
Source: Sharecast
Ahead of its annual general meeting, chair Richard Longdon said the identity verification and fraud prevention company had delivered a “year of transition” in the 2025 financial year under new leadership, with operational progress and strategic clarity laying the groundwork for accelerated growth.
Full-year constant currency revenue rose 3% to £282.7m, while adjusted operating profit increased 9.5% to £67m.
The company noted improving momentum in its core operations, with identity and location net revenue retention rising to 101.1% and fraud annual recurring revenue growing 5%.
It said it expected growth in 2026 to be second-half weighted, given a strong comparative period in the first half of the prior year.
GBG reiterated its strategic focus on product innovation, market expansion, and operational excellence, with plans to enhance sales productivity, performance management, and AI-driven capabilities.
It was also continuing to invest in GBG Go, supporting its evolution toward a global platform model.
The board had approved a share buyback programme of up to £25m, set to start on Wednesday.
It described the move as “an attractive use of surplus capital” consistent with the company’s capital allocation policy.
Separately, GBG confirmed that preparations were underway for a planned transfer from AIM to London’s Main Market, with admission to the Official List expected by early November.
At 1142 BST, shares in GB Group were up 1.96% at 234.5p.
Reporting by Josh White for Sharecast.com.