BRAEMAR PLC (BMS) — Final results for the year ended 28 February 2026

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the BRAEMAR PLC investor presentation. Throughout today's recorded presentation, attendees will be in listen only mode. Questions are encouraged and can be submitted via the q and a tab situated on the right hand side of your screen. Before we begin, I'd just like to submit the following poll, which I kindly ask you to submit your responses to. I'd now like to hand over to CEO, James Gundy. James, good afternoon. Good afternoon, and thank you, and welcome, everyone, and and welcome to BRAEMAR's twenty six twenty five, twenty six full year results. My name is James Gundy, and Grant Fowler's CFO. But as you know from presentation, Grant will be taking over my place as I step down. So to start the presentation, it's a little bit about a little short intro on where we were and where we are today from when I took over five years ago. Just quickly, I when I came into the business, I had a very clear vision of simplifying the business, reducing the debt of the business, and buying more and and building out the security business, which we built into in 2017, which I'd complement our presence in. So you can see from this chart, which is in front of you, you can see we were in 2021 at $883,700,000 revenue then. Now we're at $1.35.6, And you can see from below that, you can see the charting percentages there at 27%. Investment advisers, which is which is sale and purchase and finance, 44%. And you can see risk adviser, which is a security business, has driven risen by 785%. We're proud of that. The underlying operating profit from '21 to '26 has gone 7.7, which is 13,200,000. And the net debt, as you can see, has been hugely reduced. And in fact, Grant will tell you a bit later on that the net debt going into beginning of March fell to into cash p...