FORESIGHT GROUP HOLDINGS LIMITED (FSG) — Full year results for the year ended 31 March 2025

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the FORESIGHT GROUP HOLDINGS LIMITED Full Year Results Investor Presentation. Throughout this quarter presentation, investors will be in listen only mode. Questions are encouraged, they can be submitted at any time via the Q and A tab situated in right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received in the meeting itself. However, the company can view all the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to Gary Fraser, CFO. Good morning to you, sir. Good morning, everyone. My name is Gary Fraser, I'm the chief executive of FORESIGHT GROUP. I'm here today to take you through FORESIGHT's annual results for the year ended March 2025. As as we said earlier, we'll be taking questions at the end, but please feel free to submit them throughout the course of the day. Okay? And on to the presentation. Okay. We're on to slide four. Before addressing the group's performance over the last twelve months, I'd like to provide you with a reminder of our strengths. FORESIGHT offers institutional and retail investors with a diverse range of private and listed investment solutions and real assets located in The UK, Europe and Australia. Growth capital for SME businesses across both The UK and Ireland as well. The group delivers high quality earnings with 85% to 90% recurring revenue and over 90% of long duration capital within our LP and evergreen vehicles. This provides considerable revenue visibility each year and underwrites the group's performance. Effectively, every year, we start with nearly 90% in terms of knowing what our revenues are...