Slide 1: Interim Results 2025
Interim Results 2025 21 July 2025
Slide 2: Peter Duffy, Chief Executive Officer
Peter Duffy Chief Executive Officer MONY GROUP
Slide 3: Leveraging our strength in breadth – financial and strategic milestones achieved
Leveraging our strength in breadth – financial and strategic milestones achieved Good start to 2025 – helped customers save £1.4bn(1) • Resilient financial performance – revenue +1% and Adjusted EBITDA +2% v • SuperSaveClub reached a milestone 1.5 million members • Provider services delivering profi
Slide 4: Niall McBride, Chief Financial Officer
Niall McBride Chief Financial Officer MONY GROUP
Slide 5: Financial highlights: Resilient financial performance
Financial highlights: Resilient financial performance Revenue Adjusted EBITDA1 Adjusted Basic EPS1 £225m £75m 9.3p +1% +2% +4% Reinvestment Rate Operating Cashflow Shareholder returns 10% £44m 3.3p £30m -1ppt -16% Interim DPS Share buyback +1% ongoing² 1 For comparability and consistency, adjusting
Slide 6: Insurance: Headwinds in car insurance largely offset by home, life and travel
Insurance: Headwinds in car insurance largely offset by home, life and travel HY25 performance Paid premium price inflation1 30.0 £118m 20.0 52% 10.0 2 +4% 0.0 -2% 2 -10.0 -9% Revenue % of Group revenue Car insurance Home insurance -20.0 Q3 24 Q4 24 Q1 25 Q2 25 Performance summary Market dynamics •
Slide 7: Money: Good performance in borrowing and savings
Money: Good performance in borrowing and savings HY25 performance BoE Interest rate and consumer confidence 6 2 Credit absolute BoE Consumer growth rate1 % BoE Base Rate % £53m 4 1 23% 2 0 0 +4% Revenue % of Group revenue BoE Base Rate BoE Consumer Credit absolute growth rate Performance summary Mar
Slide 8: Home Services: Energy performance catalysed by price cap announcements
Home Services: Energy performance catalysed by price cap announcements HY25 Performance Exclusive deals driving energy performance £22m energy switchers Volume of total 10% +29% Revenue % of Group revenue Performance summary Market dynamics • Strong growth in energy with more deals available, • Comp
Slide 9: Cashback and Travel
Cashback and Travel Cashback HY25 performance Cashback performance summary • Challenging retail market as marketing budgets fell amidst national insurance and minimum wage impacts £27m -9% 12% • Headwinds in car insurance also impacted Quidco Compare • Faster cashback showing encouraging early resul
Slide 10: SuperSaveClub: Investing to drive membership growth
SuperSaveClub: Investing to drive membership growth Over 1.5 million SuperSaveClub members Sustained membership growth momentum since launch in Sept 2023 Market context HY25 1 Future growth Elevated PPC costs sustained • Increased average revenue per active user (ARPU)2 £27 +20% YoY ARPU • Member ba
Slide 11: Strong cost control, continued EBITDA growth
Strong cost control, continued EBITDA growth Profit and operating costs Operating cost base £92m • Gross profit down 3% to £148m; gross margin decreased from £87m "Admin expenses" 68% to 66% – Increased PPC costs due to competitive markets £19m £19m – Product mix – specifically energy and car £6m –
Slide 12: Cash conversion reflects revenue mix and timing
Cash conversion reflects revenue mix and timing Net debt2 £18.4m at 30 June 2025 (net cash £8.4m at 31 December 2024) Operating cashflow £43.7m £75.1m (£2.2m) (£17.1m) £1.7m (£15.2m) £1.4m (£4.9m) (£2.9m) £35.9m (£13.3m) (£49.3m) (£26.7m) Adjusted Adjusting Working Provisions Tax Non-cash Investing
Slide 13: Maximising shareholder value and Outlook
Maximising shareholder value and Outlook Full year results remain in line with market expectations • Our recent trading performance, coupled with momentum in our strategic execution gives the Board confidence that we will deliver Adjusted EBITDA for 2025 within our current published consensus. • We
Slide 14: Peter Duffy, Chief Executive Officer
Peter Duffy Chief Executive Officer MONY GROUP
Slide 15: Strategic momentum – building out our two-sided marketplace
Strategic momentum – building out our two-sided marketplace Our two-sided marketplace strategy Member-based propositions Enhanced provider services MSM SuperSaveClub, MSE App and Quidco B2B, Market Boost and Tenancy give providers are moving customers from transactional even more reasons to use the
Slide 16: Member based propositions
Member based propositions • Over 1.5 million members and counting • Investing in First Purchase Reward to accelerate member acquisition • Growth rate of members increasing in line with our expectations • Significant headroom for further growth – SSC members represent 14% of Group revenue • >95% of p
Slide 17: Member based propositions; MSE App & Quidco
Member based propositions; MSE App & Quidco • Key differentiator for the Group – strategic role in broadening reach and deepening customer relationships • 2.2m app downloads and over 500k monthly average users • Over 9.5m MSE tip weekly email subscribers • Invested to expand personalisation, re-laun
Slide 18: Enhanced provider services delivering growth
Enhanced provider services delivering growth Combined growth of 11% in our provider services, contributing to Group profitability B2B • Extending our reach by attracting new audiences with limited incremental cost • Scaling of existing partnerships with major household names driving strong revenue g
Slide 19: Competitive advantage of our data and tech platform
Competitive advantage of our data and tech platform • Driving exceptional experiences for customers and providers that enhance journeys, boost conversion and tap into new markets • Key launches to date focused on enhancing the user proposition, strengthening our competitive edge • Standardising our
Slide 20: Our Artificial Intelligence roadmap
Our Artificial Intelligence roadmap Customer Operational Marketing experience efficiency optimisation • Smarter personalisation • Streamlining internal processes • Leveraging our data and tech and reducing manual intervention platform strengths • Faster, more intuitive journeys • Expanding Agent i f
Slide 21: Delivering on our strategy – well positioned for sustainable, profitable growth
Delivering on our strategy – well positioned for sustainable, profitable growth Delivering on our two-sided marketplace strategy Loyal engaged members Best provider services Leading data and tech • Milestone 1.5 million SuperSaveClub • B2B revenue growth driven by scaling • Common data and tech plat
Slide 22: Appendix
Appendix MONY GROUP
Slide 23: Strategic highlights: saved households an estimated £1.4bn
Strategic highlights: saved households an estimated £1.4bn Estimated Group MSM and MSE net customer savings Group marketing margin promoter score £1.4bn 57% 72 H1 2024: £1.7bn H1 2024: 60% H1 2024: 71 MSM & Quidco revenue MSM and Quidco active users MSM cross channel enquiry per active user 13.0m £1
Slide 24: Investment proposition
Investment proposition The result 1. Clear social purpose Helping households save money; estimated £1.4bn saved in 2025 Highly profitable growth Adjusted EBITDA2 margin Adjusted EBITDA1 growth 2. H1 2025 33% H1 2025 2% Scalable tech platform H1 2024 33% H1 2024 9% Powering price comparison across th
Slide 25: Our Group
Our Group HY25 Revenue: £225m1, up 1% TRAVEL INSURANCE MONEY CASHBACK HOME SERVICES £118m £53m £22m £11m £27m -2% +4% +29% -2% -9% Revenue Revenue Revenue Revenue Revenue 53 22 120 52 51 118 19 12 12 30 17 29 27 106 11 2023 2024 2025 2023 2024 2025 2023 2024 2025 2023 2024 2025 2023 2024 2025 % of G
Slide 26: Our purpose and ESG responsibilities
Our purpose and ESG responsibilities Purpose • Our mission is to help UK households save money; £1.41 household savings delivered in H1 2025 • 13.0m active users in 2024 in MoneySuperMarket and Quidco Helping households save money Money Saving Expert • Consumer finance champion – successfully campai
Slide 27: Adjusted cost base and marketing spend
Adjusted cost base1 and marketing spend Adjusted cost base1 Marketing spend and margin £157m £158m 60% 57% £7m £8m £96m £90m £24m £24m £10m £7m £14m £35m £30m £15m • 2 £24m £23m Other3 37% D&A 5% TV & radio (8%) VAT & other admin 0% £90m £96m Cashback and rewards2 7% People costs (15%) £
Slide 28: Product engineering investment
Product engineering investment Total product engineering investment Reinvestment rate £26m £23m £21m £19m +12% +10% £5m £4m HY24 HY25 HY24 HY25 Product engineering capital investment Product engineering operating costs • Total product engineering costs down YoY 28 Note: Product Engineering investmen
Slide 29: Income statement
Income statement £million H1 2025 H1 2024 Growth Revenue 225.3 223.5 1% Gross profit 147.7 152.2 (3%) Gross margin 66% 68% Adjusted EBITDA1 75.1 74.0 2% Adjusted EBITDA margin2 32% 33% Depreciation (1.9) (2.3) Amortisation of technology related intangible assets (5.7) (4.9) Adjusting items 3 (6.3) (
Slide 30: Income statement
Income statement £million H1 2025 H1 2024 Growth Operating profit 61.2 60.4 1% Depreciation 1.9 2.3 Amortisation of technology related intangible assets 5.7 4.9 Adjusting items (for EPS only): Amortisation of technology related intangible assets 4.1 5.4 EBITDA 72.9 73.0 (0%) Adjusting items (for EBI
Slide 31: Segmental measure of EBITDA contribution
Segmental measure of EBITDA contribution HY 2025 Inter-vertical £million Insurance Money Home Services Travel Cashback Shared costs eliminations Total Revenue 117.7 52.8 21.6 11.4 27.2 - (5.4) 225.3 Directly attributable expenses (51.4) (18.6) (7.1) (9.4) (23.0) (46.1) 5.4 (150.2) Adjusted EBITDA1 c
Slide 32: Segmental notes: measure of EBITDA contribution
Segmental notes: measure of EBITDA contribution • Results include a measure of segmental profit by vertical in line with IFRS 8 • Adjusted EBITDA contribution = Revenue – directly attributable cost of sales – directly attributable operating expenses Directly attributable cost of sales include: • Pai
Slide 33: MONY Group
MONY GROUP