Investacc Group Limited · LSE:INAC
Investacc — FY2025 Earnings Presentation
28 slides from Investacc's earnings presentation, Mar 19, 2026
Slide 1: 31 December 2025 Results & Performance Update
31 December 2025 Results & Performance Update March 2026
Slide 2: Agenda
InvestAcc Group 2 Agenda 01 Executive Summary 02 Strategic Overview 03 2025 Performance Review 04 2025 Financial Review 05 M&A Update 06 Outlook and Key Priorities 07 Q&A
Slide 3: Executive Summary
InvestAcc Group 3 01 Executive Summary
Slide 4: 2025 – Excellent Strategic Progress
InvestAcc Group Executive Summary 4 2025 – Excellent Strategic Progress § 43% growth in revenue, of which 28% relates to organic activity § Successful acquisition and integration of 3.4k AJ Bell customers § Key projects delivered (IT upgrade, fee review and Treasury Function) § Investment in capabil
Slide 5: Market Opportunity Remains Favourable
InvestAcc Group Executive Summary 5 Market Opportunity Remains Favourable STRATEGY Building a leading specialist pension Attractive Fundamentals administrator with a high-quality integrated Opportunities for Consolidation business and a focus on excellent customer 8% Organic Growth projected annuall
Slide 6: Strategic Overview
InvestAcc Group 6 02 Strategic Overview
Slide 7: Our Strategy
InvestAcc Group Strategic Overview 7 Our Strategy Building the UK’s leading specialist pension administration business Long-term goal Execution approach § Management team with extensive experience Our long-term goal is to build the UK’s leading specialist pension Management in pension administration
Slide 8: Market Overview
InvestAcc Group Strategic Overview 8 Market Overview The size of the opportunity Drivers for a growing market Ageing population and 21m 30% demographics £567bn £204bn people aged over 55 in the UK Increase in the number (2023)(2) of people aged 65-79 (next 10 years)(2) Total SIPP Operator assets und
Slide 9: Our Investment Case
InvestAcc Group Strategic Overview 9 Our Investment Case Favourable market dynamics and strong fundamentals underpin our investment case § Stable recurring revenue streams § Pension sector specialists Underlying business § Strong retention rates 95.6% Experienced § Extensive leadership in public 150
Slide 10: 2025 Performance Review
InvestAcc Group 10 03 2025 Performance Review
Slide 11: 2025 Business Review
InvestAcc Group Performance Review 11 2025 Business Review § Positive organic revenue growth across core revenue 43% Strong streams Total revenue growth financial § Delivery of growth at a consistent margin performance § New business supported by diverse network of IFAs 2.4k Net new organic SIPPs De
Slide 12: 2025 Business Review (cont.)
InvestAcc Group Performance Review 12 2025 Business Review (cont.) Acquisition of § BPA agreed in March 2025 3.4k New pension schemes – AJ Bell Platinum acquisition AJ Bell § Data migration and legal completion in November 2025 Platinum SIPP § Performance post completion in line with expectations &
Slide 13: Distribution, Product and Operations
InvestAcc Group Performance Review 13 Distribution, Product and Operations New business and distribution § 2.4k net new SIPPs from InvestAcc business. 2.5k SIPPs from AJ Bell Platinum Number of pension schemes acquisition § 39 net new SSASs from InvestAcc business. 892 additional SSASs from AJ Bell
Slide 14: Treasury Platform Delivery
InvestAcc Group Performance Review 14 Treasury Platform Delivery § Successful launch of new Treasury Platform from August 2025 (Phase 1) § Migration of AJ Bell Platinum customers in November 2025 (Phase 2) § All SIPP customers now on single platform § Upgraded Treasury and Liquidity capability, reso
Slide 15: 2025 Financial Review
InvestAcc Group 15 04 2025 Financial Review
Slide 16: FY25 Financial Performance
InvestAcc Group Financial Review 16 FY25 Financial Performance § Group revenues grew by 43% to £15m, with organic growth of FY25 financial overview FY24 FY25 28% in addition to £1.5m from the AJ Bell acquisition £'m Pro forma Actual Change Pension Administration 5.4 7.6 41.8% Treasury 1.8 3.6 106.2%
Slide 17: FY25 Financial Performance
InvestAcc Group Financial Review 17 FY25 Financial Performance FY25 financial overview FY25 £'m Actual Group EBITDA 4.3 § Acquisition costs relate to AJ Bell Platinum acquisition, one-off Exceptional items: Acquisition costs (2.7) Kartesia set up costs and a small amount of aborted deal costs Integr
Slide 18: FY25 Balance Sheet and Liquidity
InvestAcc Group Financial Review 18 FY25 Balance Sheet and Liquidity § Significant cash balances and liquidity, as well as material Financial position £'m Dec-24 Dec-25 regulatory capital headroom Non-current assets 42.1 62.0 Cash 13.4 12.0 Current assets 1.7 4.5 § Increase in deferred income driven
Slide 19: FY25 Cash Flow
InvestAcc Group Financial Review 19 FY25 Cash Flow Cash flow conversion (£’m) § Core business is cash flow generative due to recurring nature of core revenue streams. Cash flow conversion from trading activities was greater than 90% in 2025 6.9 (0.5) 6.3 (2.6) 0.7 § Underlying cash flow represents t
Slide 20: M&A Update
InvestAcc Group 20 05 M&A Update
Slide 21: AJ Bell Platinum – Acquisition Update
InvestAcc Group M&A Update 21 AJ Bell Platinum – Acquisition Update Completion of AJ Bell’s off-platform Platinum SIPP and SSAS business in November 2025 was in line with previous guidance § Limited attrition following completion Year end 31 Dec 2025 Operations § Commercial property services reopene
Slide 22: M&A Pipeline Remains Active
InvestAcc Group M&A Update 22 M&A Pipeline Remains Active § Strong pipeline across specialist providers, life companies, and InvestAcc AJ Bell platforms § Expertise, focus and momentum make us a compelling partner Customers 12,000+ 3,400+ § Multiple ongoing discussions with potential targets Revenue
Slide 23: Outlook and Key Priorities
InvestAcc Group 23 06 Outlook and Key Priorities
Slide 24: Focused Priorities for FY26
InvestAcc Group Outlook and Priorities 24 Focused Priorities for FY26 Maintain organic growth momentum § Continued focus on retention and customer service excellence § Strengthen relationships with large-scale distribution partners Further enhancements to our operations § SSAS admin platform upgrade
Slide 25: InvestAcc Group Q&A
InvestAcc Group 25 07 Q&A
Slide 26: Appendices
InvestAcc Group 26 A Appendices
Slide 27: Highly Experienced Management Team
InvestAcc Group Appendices 27 Highly Experienced Management Team Mark Hodges | InvestAcc Group Chair Knowledge, experience and track record in executing § Led multiple successful value-creation M&A transactions § Experience leading consolidation of the Pensions Sector Sale to Phoenix for £3.3bn in 2
Slide 28: Contact details
info@investaccgroup.com https://investaccgroup.com/ 11 Buckingham Street,London, WC2N 6DF