Business
Final Results
AJ Bell plc reported record financial performance for the year ended 30 September 2025, with revenue increasing by 18% to £317.8 million and profit before tax rising by 22% to £137.8 million. The company added 102,000 new customers, bringing its total to 644,000, and saw assets under administration grow by 19% to £103.3 billion. The proposed final dividend is up 14% to 9.75 pence per share, and a new £50 million share buyback programme has been announced for FY26, reflecting strong cash generation and a healthy capital position. Disclaimer*
About this update from Aj Bell Plc
[{"type":"text","content":"\n\n4 December 2025\nAJ Bell plc\nFinal results for the year ended 30 September 2025\n \nAJ Bell plc ('AJ Bell' or the 'Company'), one of the UK's largest investment platforms, today announces its final results for the year ended 30 September 2025.\n \nHighlights\nFinancial performance\n\n\n\n\n●\n\n\nRecord financial performance, with revenue up 18% to £317.8 million (FY24: £269.4 million) and profit before tax (PBT) up 22% to £137.8 million (FY24: £113.3 million), after exceptional costs of £1.1 million (FY24: £6.2 million)\n\n\n\n\n●\n\n\nPBT margin of 43.4% (FY24: 42.0%) demonstrates the strength of our scalable business model, driven by increased revenue margin of 32.3bps (FY24: 31.6bps) and operational gearing benefits, after absorbing the impact of additional business investment\n\n\n\n\n●\n\n\nDiluted earnings per share up 26% to 25.56 pence (FY24: 20.34 pence)\n\n\n\n\nShareholder returns\n\n\n\n\n●\n\n\nFinal dividend of 9.75 pence per share proposed, increasing the total ordinary dividend for the year by 14% to 14.25 pence per share (FY24: 12.50 pence), the 21st consecutive year of ordinary dividend growth\n\n\n\n\n●\n\n\nFollowing the share buyback programme executed in the year, we have announced a further buyback programme of up to £50 million, to be completed throughout FY26. This reflects our strong cash generation, healthy capital position and commitment to return surplus capital to shareholders\n\n\n\n\nOperational performance\nPlatform business\n\n\n\n\n●\n\n\nExcellent growth in customer numbers across AJ Bell's dual-channel platform, with 102,000 customers added to close at 644,000, up 19% in the year\n\n\n\n\n●\n\n\nRecord assets under administration (AUA) of £103.3 billion (FY24: £86.5 billion), up 19% in the year driven by net inflows of £7.5 billion (FY24: £6.1 billion) and favourable market movements of £9.3 billion\n\n\n\n\n●\n\n\nMarket-leading customer service levels evidenced by AJ Bell's Trustpilot rating of 4.9-stars and customer retention rate of 94% (FY24: 94%)\n\n\n\n\nAJ Bell Investments\n\n\n\n\n●\n\n\nAssets under management (\"AUM\") up 31% in the year to a record £8.9 billion (FY24: £6.8 billion)\n\n\n\n\n●\n\n\nStrong net inflows in the year of £1.3 billion (FY24: £1.5 billion)\n\n\n\n\nNon-platform business\n\n\n \n\n\n\n\n●\n\n\nThe sale of our Platinum SIPP and SSAS busi...