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FDM Group (Holdings) (FDM) investor relations material
FDM Group (Holdings) H2 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Financial performance for the year to 31 December 2025 is expected to be within the range of market expectations.
2025 was a challenging year, with continued focus on aligning resources to client demand across geographies.
Financial highlights
Revenue for 2025 expected at £178 million, down 31% year-over-year (30% on constant currency basis).
828 training completions in 2025, compared to 877 in 2024.
Closing cash balance of £35 million, compared to £41 million in 2024.
No debt on the balance sheet.
FY25 Adjusted Profit Before Tax expected between £13.5m and £14.4m.
Outlook and guidance
Uptick in activity levels in the last four months of 2025 appears to be continuing into early 2026.
Economic and political backdrops remain uncertain, but some clients are showing renewed investment appetite.
Focus remains on aligning resources with demand and prudent investment.
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