Business
Trading Update & Notice of Full Year Results
Personal Group Holdings Plc announced a strong trading update for the financial year ended 31 December 2025, with revenue reaching approximately £48.4 million, an 11% increase, and adjusted EBITDA of approximately £12.1 million, a 21% increase and ahead of market expectations. The company reported continued growth in recurring revenues, with Insurance Annualised Premium Income increasing by 12% to £40.5 million and Benefits Platform Annual Recurring Revenue growing by 6% to £7.1 million. New insurance sales were a record £15.4 million API, up 11%, and the company maintained a strong balance sheet with approximately £29 million in cash and no debt. Personal Group expects to publish its full-year results on 24 March 2026. Disclaimer*
About this update from Personal Group Holdings Plc
[{"type":"text","content":"\n\n28 January 2026\n \nPERSONAL GROUP HOLDINGS PLC\n(\"Personal Group\", \"Company\" or \"Group\")\n \nTrading Update & Notice of Full Year Results\nStrong strategic execution, delivering double digit growth in both revenue and EBITDA\nEBITDA ahead of market expectations\n \nPersonal Group Holdings Plc (AIM: PGH), the workforce benefits and insurance provider, is pleased to provide the following update for the financial year ended 31 December 2025 (\"FY 2025\") and confirms that the Company expects to publish its results for FY 2025, together with notification of its final dividend, on 24 March 2026.\n \nFinancial Highlights\n \n\n\n\n\n· \n\n\nRevenue of approximately £48.4m, up 11% (2024: £43.8m), with growth across all areas\n\n\n\n\n· \n\n\nAdjusted EBITDA* of approximately £12.1m, up 21% (2024: £10.0m), ahead of market expectations**\n\n\n\n\n· \n\n\nContinued growth in recurring revenues, providing good visibility for FY 2026 and beyond\n\n\n\n\n\n\n\no \n\n\nInsurance Annualised Premium Income (\"API\") increased by c.12% to £40.5m (2024: £36.0m)\n\n\n\n\n\n\n\no \n\n\nBenefits Platform Annual Recurring Revenue (\"ARR\") increased c.6% to £7.1m (2024: £6.7m)\n\n\n\n\n· \n\n\nRecord new insurance sales of £15.4m API, up 11% on previous year (2024: £13.9m)\n\n\n\n\n· \n\n\nStrong balance sheet and liquidity with a cash position of approximately £29m as at 31 December 2025 (31 December 2025: £27.4m) and no debt\n\n\n\n\n \n*Adjusted EBITDA is defined as earnings before interest, tax, depreciation, amortisation of intangible assets, goodwill impairment, share-based payment expenses, profit or loss on disposal of subsidiaries,\ncorporate acquisition costs and restructuring costs.\n** For the purpose of this announcement, the Company believes market expectations for FY 2025 to be Adjusted EBITDA of £11.6m.\n \nOperational Highlights\n \nAffordable Insurance\n \nIt was another strong year for new insurance sales, resulting in new annualised insurance sales growth of 11% to £15.4m (2024: £13.9m). API increased 12% to £40.5m as at 31 December 2025 (31 December 2024: £36.0m), supported by strong retention levels of over 80% year-on-year. Claims levels in the second half of the ye...