Final Results

About this update from Tatton Asset Management Plc

[{"type":"text","content":"\n\n10 June 2025\n \nTatton Asset Management Plc\n(\"TAM plc\", the \"Group\" or the \"Company\")\nAIM: TAM\n \nAUDITED FINAL RESULTS\nFor the year ended 31 March 2025\n \n\"Record net inflows of £3.7bn driving strong organic growth of revenue and profits\"\n \nTAM plc, the investment management and IFA support services group, today announces its audited final results for the year ended 31 March 2025 (\"FY25\"), which show strong, double-digit organic growth across revenue and adjusted operating profit1, comfortably at the top end of market consensus, driven by record levels of AUM and net inflows. \n \nFINANCIAL HIGHLIGHTS\n\n\n\n\n·\n\n\nGroup revenue increased by 23.1% to £45.309m (2024: £36.807m)\n\n\n\n\n·\n\n\nAdjusted operating profit1 up 23.9% to £22.946m (2024: £18.514m)\n\n\n\n\n·\n\n\nAdjusted operating profit1 margin increased to 50.6% (2024: 50.3%)\n\n\n\n\n·\n\n\nProfit before tax increased to £21.596m (2024: £16.751m)\n\n\n\n\n·\n\n\nAdjusted fully diluted EPS2 increased by 25.1% to 28.65p (2024: 22.91p)\n\n\n\n\n·\n\n\nFinal dividend of 9.5p (2024: 8.0p), giving a total dividend for the year of 19.0p (2024: 16.0p) - up 18.8%\n\n\n\n\n·\n\n\nStrong financial liquidity position, with cash of £32.1m (2024: £24.8m)\n\n\n\n\n·\n\n\nStrong balance sheet - net assets increased to £50.6m (2024: £43.3m)\n\n\n\n\n \nOPERATIONAL HIGHLIGHTS\n\n\n\n\n·\n\n\n AUM/I3 increased by 24.0% to £21.825bn (2024: £17.604bn). Current latest AUM/I3 at June 2025 £22.941bn (AUM3 £21.940bn)\n\n\n\n\n·\n\n\nAUM3 increased by £4.3bn, or 26.1%, to £20.872bn (2024: £16.551bn)\n\n\n\n\n·\n\n\nRecord organic net inflows of £3.687bn (2024: £2.303bn), an increase of 22.3% of opening AUM, with an average run rate of £307m per month (June to date, 10 weeks: £611m, or equivalent to £265m per month)\n\n\n\n\n·\n\n\nTatton's IFA firms increased by 13.8% to 1,110 (2024: 975) and the number of client accounts increased 22.0% to 153,915 (2024: 126,150)\n\n\n\n\n·\n\n\nParadigm Mortgages participated in mortgage completions totalling £14.2bn (2024: £13.1bn), an 8.1% increase year on year\n\n\n\n\n \nOUTLOOK\n\n\n\n\n·\n\n\nMaintaining growth target of £30bn AUM/I3 by the end of the financial year 2029\n\n\n\n\n·\n\n\nThe Board looks to the year ahead and beyond with confidence\n\n\n\n\n\n\n\n\n\n\n\n\n1\n\n\nOper...

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