London · Delayed Price · Currency is GBP · Price in GBX RM plc Earnings Call Transcripts
Fiscal Year 2025
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Profitability improved sharply in FY 2025, driven by strong Assessment division growth and cost savings, despite a 2.5% revenue decline due to UK market challenges and US tariffs. RM Ava's launch and an oversubscribed equity raise position the business for accelerated digital growth.
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EBITDA rose 46% year-over-year despite a 6.5% revenue decline, driven by cost savings and strong growth in digital assessment. Investment in RM Ava and business simplification remain strategic priorities, with H2 expected to outperform H1.
Fiscal Year 2024
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FY2024 saw strong operational improvements, record contract wins, and a near doubling of adjusted EBITDA, despite a 5.5% revenue decline. Major investments in digital platforms and cost savings position the business for growth, with profitability and revenue expected to rise in FY2025.
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Strong strategic execution led to improved profitability and major contract wins, despite a 9.6% revenue decline. Cost savings and a shift to long-term recurring revenue position the business for future growth, with H2 expected to outperform H1.