Rathbones Group Income Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	858.9	835.1	538.6	462.7	457.7
Other Revenue	159.8	147.8	137.6	45.9	8.54
Revenue	1,019	982.9	676.2	508.6	466.24
Revenue Growth (YoY)	3.64%	45.36%	32.95%	9.09%	18.16%
Cost of Revenue	38.2	34.3	29.7	27.5	29.06
Gross Profit	980.5	948.6	646.5	481.1	437.17
Selling, General & Admin	-	-	-	5.4	1.94
Amortization of Goodwill & Intangibles	45.3	44.6	25.2	19.5	15.6
Other Operating Expenses	659.9	648.7	425.8	334.7	299.08
Operating Expenses	724.7	709.7	467.5	375.5	328.22
Operating Income	255.8	238.9	179	105.6	108.96
Interest Expense	-73.1	-83.9	-77.1	-28	-3.83
Interest & Investment Income	10.1	28	-	-	-
EBT Excluding Unusual Items	192.8	183	101.9	77.6	105.12
Merger & Restructuring Charges	-39.9	-83.4	-44.3	-13.5	-10.09
Pretax Income	152.9	99.6	57.6	64.1	95.04
Income Tax Expense	40.6	34.1	20.1	15.1	19.81
Net Income	112.3	65.5	37.5	49	75.23
Net Income to Common	112.3	65.5	37.5	49	75.23
Net Income Growth	71.45%	74.67%	-23.47%	-34.87%	182.26%
Shares Outstanding (Basic)	104	104	71	59	56
Shares Outstanding (Diluted)	107	108	74	60	58
Shares Change (YoY)	-0.82%	46.48%	23.02%	3.22%	3.96%
EPS (Basic)	1.08	0.63	0.53	0.84	1.34
EPS (Diluted)	1.05	0.60	0.51	0.81	1.29
EPS Growth	73.34%	18.90%	-37.67%	-36.97%	171.64%
Free Cash Flow	1,057	237	-100.1	279.8	-181.71
Free Cash Flow Per Share	9.85	2.19	-1.35	4.66	-3.12
Dividend Per Share	0.990	0.930	0.870	0.840	0.810
Dividend Growth	6.45%	6.90%	3.57%	3.70%	12.50%
Gross Margin	96.25%	96.51%	95.61%	94.59%	93.77%
Operating Margin	25.11%	24.31%	26.47%	20.76%	23.37%
Profit Margin	11.02%	6.66%	5.55%	9.63%	16.13%
Free Cash Flow Margin	103.80%	24.11%	-14.80%	55.01%	-38.98%
EBITDA	309.5	293.2	211.3	129.9	128.82
EBITDA Margin	30.38%	29.83%	31.25%	25.54%	27.63%
D&A For EBITDA	53.7	54.3	32.3	24.3	19.86
EBIT	255.8	238.9	179	105.6	108.96
EBIT Margin	25.11%	24.31%	26.47%	20.76%	23.37%
Effective Tax Rate	26.55%	34.24%	34.90%	23.56%	20.84%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.