Slide 1: FY25 Results: year ended 31 March 2025
For the year ended 31 March 2025 10 June 2025
Slide 2: Introductory remarks
Introductory remarks Dev Dhiman, CEO AGBG
Slide 3: GBG at a glance
Introductory remarks Financial review Accelerating growth through a unified platform Identity data in Powering over Document types years experience customers around countries the world across Address data in across countries countries & territories identity checks countries every year available in l
Slide 4: Financial review
for year ended 31 March 2025 David Ward, CFO
Slide 5: Results in line with the trading update; strong profitability and cash generation
Introductory remarks Financial review Accelerating growth through a unified platform Results in line with the trading update; strong profitability and cash generation Revenue Net revenue Adjusted Adjusted diluted Net debt retention (NRR) operating profit earnings per share 3.0% constant NRR for Iden
Slide 6: Cost discipline underpinned strong FY25 profitability
Introductory remarks Financial review Accelerating growth through a unified platform Cost discipline underpinned strong FY25 profitability FY25 FY24 £m £m Growth Reported revenue 282.7 277.3 1.9% • 3.0% constant currency (‘CCY’) revenue growth: Gross profit 197.8 194.5 1.7% • Adjusted operating prof
Slide 7: Identity: growth driven by EMEA & APAC; Americas stabilised
Introductory remarks Financial review Accelerating growth through a unified platform Growth driven by EMEA & APAC; Americas stabilised Notable % Revenue 56% of Group revenue APAC ~20% ~45% Americas Revenue FY25 £159.0m up 3.1% EMEA ~35% FY24 £156.0m on a CCY basis % Revenue % Revenue Contribution No
Slide 8: Location: strong growth driven by channel partners
Introductory remarks Financial review Accelerating growth through a unified platform Another year of strong growth; driven by channel partners & despite subdued macro environment Notable % Revenue 30% of Group revenue 23% (FY24: 25%) 20% (FY24: 16%) 16% Revenue (FY24: 16%) FY25 £85.6m up 6.2% Retail
Slide 9: Fraud: ARR increases; revenue decline from renewal timing
Introductory remarks Financial review Accelerating growth through a unified platform ARR continues to increase; revenue decline due to timing of renewals & revenue recognition Overall 14% Global Identity of Group revenue 8% 6% of Group revenue of Group revenue Revenue Key sector: Financial services
Slide 10: Focus on simplicity & efficiency is driving margin improvement
Introductory remarks Financial review Accelerating growth through a unified platform Focus on simplicity & efficiency is driving margin improvement & underpinning confidence Reconciliation of operating expenses Management of cost mitigates inflation FY 25 FY24 • Focus on simplification and efficienc
Slide 11: Cash conversion
Introductory remarks Financial review Accelerating growth through a unified platform FY25 £m 70 £2.0m £(5.2)m £67.0m FY25 adj. FCF 60 Interest £48.5m Tax 50 Leases £(15.3)m FY24 Final dividend 40 EBT share purchase Cash conversion Exceptional items 30 Debt 20 repayments 10 Adjusted Depreciation Work
Slide 12: Capital allocation and dividend
Introductory remarks Financial review Accelerating growth through a unified platform FY25 £m 70 £2.0m £(5.2)m • Represents a 4.8% increase in final £67.0m FY25 adj. FCF 60 dividend per share to 4.4p (FY24: 4.2p) Interest £48.5m Tax 50 Leases £(15.3)m FY24 Final dividend • 3.7m shares bought back and
Slide 13: FY26 has begun as expected; outlook consistent with market expectations
Introductory remarks Financial review Accelerating growth through a unified platform FY26 has begun as expected and our outlook for full year is consistent with current market expectations • Given the relative strength of the first half of FY25, our FY26 growth in constant currency terms will be sec
Slide 14: Accelerating growth through a unified platform
Accelerating growth through a unified platform Dev Dhiman, CEO AGBG
Slide 15: FY25 achievements
Introductory remarks Financial review Accelerating growth through a unified platform Highest ever Net revenue retention customer satisfaction Promotions & career moves Identity & Location Launched around the world signed in the Americas James Gothard Chief Strategy Officer Tom Schutz of team members
Slide 16: Global alignment, performance culture, removing complexity, innovation
Introductory remarks Financial review Accelerating growth through a unified platform Global alignment Driving a performance culture Removing complexity Differentiating through innovation FY25 Results June 2025 16
Slide 17: Global alignment: single brand, operating model, investment prioritisation
Introductory remarks Financial review Accelerating growth through a unified platform Single global brand Global alignment Driving a performance culture Global operating model Removing complexity Differentiating through innovation Investment prioritisation A purpose that unites & inspires us FY25 Res
Slide 18: Driving a performance culture
Introductory remarks Financial review Accelerating growth through a unified platform Global alignment Driving a performance culture Removing complexity Differentiating through innovation FY25 Results June 2025 18
Slide 19: Clear objectives, rewarding performance, strengthened leadership
Introductory remarks Financial review Accelerating growth through a unified platform Clear objectives & minimum standards Global alignment Driving a performance culture Rewarding high-performance Removing complexity Differentiating through innovation Strengthened leadership team Driving the Americas
Slide 20: Americas turnaround
Introductory remarks Financial review Accelerating growth through a unified platform Global alignment Driving a • Successfully • “Playing where we • Transitioning away • Global proposition • Decision-making performance culture transitioned to new win” to drive sales from consumption- differentiates
Slide 21: Removing complexity: simplifying product & technology
Introductory remarks Financial review Accelerating growth through a unified platform Modernising business systems Global alignment Driving a performance culture Enterprise cloud strategy Removing complexity Differentiating through innovation Simplifying product & technology Making our products easie
Slide 22: 1,000x faster integration
Introductory remarks Financial review Accelerating growth through a unified platform Developer Relations team Global alignment Lengthy Integrate in mins integration Rearchitected API not months Driving a Built no-code connectors performance culture Removing Certified in 20 marketplaces complexity 1,
Slide 23: 1,000x faster integration and marketing
Introductory remarks Financial review Accelerating growth through a unified platform Developer Relations team Global alignment Lengthy Integrate in mins integration Rearchitected API not months Driving a Built no-code connectors performance culture Removing Certified in 20 marketplaces complexity 1,
Slide 24: Differentiating through innovation
Introductory remarks Financial review Accelerating growth through a unified platform Data as a competitive advantage Global alignment Driving a performance culture Building AI-first ways of working Removing complexity Differentiating through innovation Solving adjacent customer needs Launching GBG G
Slide 25: Differentiating through innovation
Introductory remarks Financial review Accelerating growth through a unified platform Global alignment Driving a performance culture Removing complexity Differentiating through innovation FY25 Results June 2025 25
Slide 26: Differentiating through innovation
Introductory remarks Financial review Accelerating growth through a unified platform Global alignment Driving a performance culture Removing complexity Differentiating through innovation FY25 Results June 2025 26
Slide 27: Differentiating through innovation
Introductory remarks Financial review Accelerating growth through a unified platform Global alignment Driving a performance culture Removing complexity Differentiating through innovation FY25 Results June 2025 27
Slide 28: Differentiating through innovation
Introductory remarks Financial review Accelerating growth through a unified platform Global alignment Driving a performance culture Removing complexity Differentiating through innovation FY25 Results June 2025 28
Slide 29: Coming next
Introductory remarks Financial review Accelerating growth through a unified platform Coming next… Global alignment Driving a performance culture Digital No code Recommendation New journey Removing complexity IDs engine templates Differentiating through innovation Coming soon… AI-led Ongoing Case Kno
Slide 30: Accelerating growth through a unified platform
Introductory remarks Financial review Accelerating growth through a unified platform FY25 Results June 2025 30
Slide 31: Foundations in place to support next phase of strategy
Introductory remarks Financial review Accelerating growth through a unified platform • Foundations in place to support ndations next phase of strategy Fou Remove Global complexity alignment Global tech Performance platform culture Fou n d a ti o n s FY25 Results June 2025 31
Slide 32: Key priorities
Introductory remarks Financial review Accelerating growth through a unified platform Key priorities iness • Foundations in place to support s bu Fou ndations next phase of strategy e Ev th olv rm e th Transfo • Identified key priorities that will e core drive improved growth A simple, global platfor
Slide 33: Growth accelerators
Introductory remarks Financial review Accelerating growth through a unified platform th accelerators Grow ntial Strat eg te ic po Key priorities pa TM G rt ne k ess loc rsh in • Foundations in place to support s Un bu ips ndations next phase of strategy Fou e Ev th olv rm e th Transfo • Identified k
Slide 34: Accelerating growth through a unified platform
Introductory remarks Financial review Accelerating growth through a unified platform FY25 Results June 2025 34
Slide 35: Slide 35
Slide 36: Appendix
Appendix SN) Le
Slide 37: Income statement
Introductory remarks Financial review Accelerating growth through a unified platform Appendix FY25 FY24 £m £m Growth Revenue 282.7 277.3 1.9% Cost of sales (84.9) (82.8) Gross profit 197.8 194.5 1.7% Gross profit margin % 70.0% 70.1% Adjusted operating expenses (130.8) (133.3) Adjusted operating pro
Slide 38: Solutions delivered through a mix of commercial models
Introductory remarks Financial review Accelerating growth through a unified platform Appendix Solutions delivered through a mix of commercial models, with diversity on a sector & geographic basis High repeatable revenue 39% 11% 35% 13% 5% 6% 56% FY25 FY25 6% Group revenue Group revenue 6% 18% FY25 G
Slide 39: Net debt movement
Introductory remarks Financial review Accelerating growth through a unified platform Appendix FY25 FY24 £m £m Change Opening net debt balance (80.9) (105.9) 25.0 Adjusted EBITDA (69.0) 63.8 5.2 Working capital (5.2) (4.9) (0.3) Adjusted operating cash flow 63.8 58.9 4.2 Exceptional costs paid (3.7)
Slide 40: Balance sheet
Introductory remarks Financial review Accelerating growth through a unified platform Appendix Mar 25 Mar 24 £m £m Change Tangible assets 2.5 3.2 (0.7) Goodwill, intangible assets and investments 695.0 744.1 (49.1) Deferred tax assets 0.6 0.9 (0.3) Non-current receivables 6.2 6.2 - Non-current assets
Slide 41: Foreign exchange, finance costs and tax rate
Introductory remarks Financial review Accelerating growth through a unified platform Appendix Foreign exchange Currency % of FY25 FX spot Impact (vs. GBP) group revenue average rate (As at 09/06/25) modelling US Dollar ~35% 1.28 1.36 1 cent move in the average exchange rate impact: • Revenue by c.0.
Slide 42: Reported revenue and adjusted operating profit by segment
Introductory remarks Financial review Accelerating growth through a unified platform Appendix Reported revenue £m FY21 FY22 FY23 FY24 FY25 Location 59.7 66.3 76.9 81.1 85.6 Identity 128.1 142.8 162.7 156.0 159.0 Fraud 26.5 33.3 39.2 40.2 38.1 Other 3.4 0.1 - - - Group revenue 217.7 242.5 278.8 277.3
Slide 43: Five-year financial summary
Introductory remarks Financial review Accelerating growth through a unified platform Appendix Reported revenue (£m) Adjusted operating profit1 (£m) 300 250 50 200 150 100 50 0 0 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Gross margin (%) & Adjusted operating margin (%)1 Diluted adjusted EPS2
Slide 44: Restricted distribution and forward-looking statements
Introductory remarks Financial review Accelerating growth through a unified platform Appendix Restricted distribution Forward-looking statements This presentation is not for release, publication or distribution, in whole or This document contains certain forward-looking statements, including in part
Slide 45: Head of Investor Relations
Head of Investor Relations richard.foster@gbg.com