Business
Trading Update and Interim Dividend
Elixirr International PLC expects its full-year 2025 revenue to meet or exceed £149 million and its Adjusted EBITDA margin to be between 28.1% and 29.2%, demonstrating strong performance and strategic execution. The company saw an increase in 'gold clients' to 34 and reported year-end net debt of £24.1 million, which was £7 million better than market expectations. Elixirr is also increasing its interim dividend by 21% to 7.6p per Ordinary Share, totaling approximately £3.8 million, and aims to enter the FTSE 250 index within the next 12 months. Disclaimer*
About this update from Elixirr International Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED.\n \n22 January 2026\nELIXIRR INTERNATIONAL PLC\n(\"Elixirr\", the \"Company\" or \"Group\")\nTrading Update and Interim Dividend\nStrong revenue and EBITDA growth, continued strategic execution and increased dividend\nElixirr International plc (ELIX.L), an established, global award-winning challenger consultancy, is pleased to provide an update on trading and details of its interim dividend for the year ended 31 December 2025 (\"FY 25\").\nTrading Update\nSubject to audit, FY 25 revenue is expected to meet or exceed market expectations of £149 million, reflecting continued momentum across the Group. In particular, the Group delivered record cross-sell revenue, as Partners leveraged an expanded capability set and broader combined networks to deepen existing client relationships.\nSubject to audit, FY 25 Adjusted EBITDA margin is expected to meet or exceed market expectations of 28.1% - 29.2%, underpinned by operating leverage, disciplined cost control, the continued stretch of revenue per Partner and the acquisition of TRC Advisory, LLC.\nClient quality continued to strengthen, with the number of 'gold clients' (generating £1m+ annual revenue) increasing to 34, up from 27 in FY 24. This reflects the combined impact of hiring high-quality Partners, making differentiated acquisitions, promoting talent from within, and expanding the scope and depth of work delivered to long-standing clients.\nThe Group continued to generate strong cash flows during the period. Year-end net debt of £24.1 million (excluding capitalised office leases) was approximately £7 million more favourable to market expectations, demonstrating the cash generative nature of the business and the Group's strong cash discipline.\nProgress across Elixirr's four-pillar growth strategy of stretching existing Partners, promoting from within, hiring new Partners and acquiring businesses continues to deliver against the Group's growth ambitions. The Group remains active in its acquisition pipeline and continues to explore value-accretive acquisitions, while maintaining a disciplined approach to capital allocation.\nThe Board is pleased to note th...