- Property Franchise Group
- 17 March 2026 12:51:29
Source: Sharecast
The AIM-traded group said revenue rose 25% to £84.3m in the year ended 31 December, up from £67.3m in 2024, with pro-forma growth of 9%.
Management service fees increased 14% to £32.4m, financial services revenue climbed 26% to £24.2m, and licensing revenue surged 75% to £12.6m.
Recurring income accounted for 51% of total revenue, broadly in line with the prior year.
Profitability improved significantly, with EBITDA rising 49% to £30.3m and adjusted profit before tax increasing 39% to £31.0m.
Adjusted basic earnings per share grew 27% to 40.3p.
The group also strengthened its balance sheet, reducing net debt to £2.3m from £9.1m, while cash generated from operations increased to £22.1m, representing a conversion rate of 116%.
Reflecting the improved performance, the board proposed a final dividend of 15p per share, taking the full-year payout to 22p, up 22% from 18p in 2024.
Operationally, the group completed 35,000 residential sales transactions during the year, up from 30,000, while its managed lettings portfolio stood at 149,000 properties, slightly lower than the prior year as landlords adopted a more cautious approach ahead of the Renters’ Rights Act.
The sales pipeline remained stable at £33.0m.
It said the financial services division delivered a record 25,000 mortgages, while the licensing business, including Fine & Country, expanded with 13 new licensees and eight additional international offices.
The group also launched its Privilege programme, generating £1.5m of incremental revenue, and made progress on artificial intelligence initiatives, with rollout beginning in 2026.
“2025 was characterised by strong organic growth and solid operational progress across all three divisions, delivering profitability ahead of expectations,” said chief executive Gareth Samples.
“The scale and capability built through last year's acquisitions materially strengthened our strategic position and underpin the continued development of our platform model, enabling us to deliver enhanced value to franchisees, licensees and advisers.”
Looking ahead, the company said it remained focused on delivering synergies from its enlarged platform and pursuing complementary acquisitions, while navigating evolving government legislation in the housing market.
“Looking ahead, we expect further commercial opportunities,” Samples said.
“Our diversified income streams, strengthened balance sheet, and expanding platform provide a resilient foundation from which to pursue further growth.”
He added that the group remains confident in its outlook, citing “a clear strategy in place and proven ability to capitalise on changing market dynamics” to deliver “sustainable long-term value for shareholders.”
At 1223 GMT, shares in the Property Franchise Group were up 4.66% at 431.21p.
Reporting by Josh White for Sharecast.com.
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