S4 Capital Plc · LSE:SFOR
S4 Capital — Q3 2025 Earnings Presentation
16 slides from S4 Capital's earnings presentation, Nov 6, 2025
Slide 1: Q3 2025 Trading Update
S4 Capital plc Q3 2025 Trading Update Q3 2025 Trading Update 6 November 2025
Slide 2: Contents
S4 Capital plc Q3 2025 Trading Update 2 Contents 1. Trading Update 2. Market Momentum 3. Client Analysis 4. Summary and Outlook 5. Q&A 6. Appendix
Slide 3: Trading Update
S4 Capital plc Q3 2025 Trading Update 3 Trading Update
Slide 4: Financial headlines
S4 Capital plc Q3 2025 Trading Update 4 Financial headlines Revenue Net revenue2 Profitability Q3: £191.7m Q3: £167.0m Stronger performance expected in H2 2025 -3.4% reported -6.9% reported -1.0% like-for-like1 -4.4% like-for-like1 due to new business wins and cost reductions implemented YTD: £552.1
Slide 5: Net revenue by practice and geography
S4 Capital plc Q3 2025 Trading Update 5 Net revenue by practice and geography ● Marketing Services Q3 net revenue down 2.8% on a like-for-like basis and down 5.3% reported. Net revenue by geography2 This reflects slower onboarding of the recent new business wins (General Motors, Amazon, T-Mobile and
Slide 6: Market Momentum
S4 Capital plc Q3 2025 Trading Update 6 Market Momentum
Slide 7: Rebuilding our foundations for growth
S4 Proprietary & Confidential 7 S4 Capital plc Q3 2025 Trading Update Rebuilding our foundations for growth Tech 1 Company cost 2 Innovation and 3 New business 4 Talent 5Integration/Cost cutting - investment in AI wins investment focus moderating Tech platforms continued to Monks.Flow launched at CES
Slide 8: Client Analysis
S4 Capital plc Q3 2025 Trading Update 10 Client Analysis 3
Slide 9: Our client portfolio
S4 Capital plc Q3 2025 Trading Update 11 Our client portfolio YTD 2025 Client Categories YTD 2024 Client Categories Technology 44% Technology 42% Auto 8% Auto 13% Financial 7% Financial 6% FMCG 9% FMCG 9% Retail 5% Retail 6% Media & Ent 3% Media & Ent 5% Fashion & Lux 8% Fashion & Lux 5% Agency 2% T
Slide 10: A compelling portfolio of clients
S4 Capital plc Q3 2025 Trading Update 12 A compelling portfolio of clients Average revenue per client (£m) Client Revenue YTD 2025 YTD 2024 Number of % of Cumulative Number of % of Cumulative clients Revenue % clients Revenue % > £10m 9 49% 49% 9 45% 45% £5–10m 3 4% 53% 7 7% 52% £1–5m 64 23% 76% 66
Slide 11: Summary and Outlook
S4 Capital plc Q3 2025 Trading Update 13 Summary and Outlook
Slide 12: Summary & Outlook
S4 Capital plc Q3 2025 Trading Update 14 Summary & Outlook ● Q3 net revenue decrease of -6.9% reported and -4.4% like-for-like, reflecting ongoing client caution, and timing of significant new business wins ● Year to date net revenue down -10.8% reported and -8.2% like-for-like ● Full year like-for-
Slide 13: Q&A
5 S4 Capital plc Q3 2025 Trading Update 15 Q&A
Slide 14: Appendix
S4 Capital plc Q3 2025 Trading Update 16 Appendix
Slide 15: Additional information
S4 Capital plc Q3 2025 Trading Update 17 Additional information Guidance ● XXX on adjusting items Weighted average share count for 2025 Expected weighted average share count for 2025 of Amortisation c.677m1 c.£45-50m Expected weighted average share count for 2026 of Share based payments c.685m1 Cash
Slide 16: Thank you
S4 Capital plc Q3 2025 Trading Update Thank you