)

IP Group (IPO) investor relations material
IP Group H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved £30.3m in cash exits in H1 2025, a significant increase year-over-year, driven by the Hinge Health IPO and strong trading in Oxford Nanopore.
NAV per share stabilized at 96.2p at 30 June 2025, with an estimated 100p as of 12 September 2025.
Maintained strong liquidity with gross cash of £237.3m, up 47% year-over-year.
Share buyback program accelerated, retiring 6% of share capital in H1 and 15% to date, with £75m program ongoing.
Significant value potential identified in UK science and technology, with a robust pipeline of milestones through 2027.
Financial highlights
Loss for the period: £43m, improved from £109.9m loss in HY24, with portfolio improvements post-period.
Net overheads reduced by up to 15% year-over-year, with cost reduction targets on track.
NAV at 30 June 2025: £883.1m (HY24: £1,072.2m; FY24: £952.5m).
Realizations of £30m and investments of £35.7m in the period, with 50% of realizations allocated to buybacks.
Portfolio fair value changes driven by positive movements in private and public holdings, offset by FX and funding delays.
Outlook and guidance
Confident in delivering over £250m of exits between 2025 and 2027, with strong momentum and elevated inbound interest.
FY25 priorities include achieving positive NAV per share, delivering cash exits exceeding £250m, and growing the opportunity pipeline.
Expecting to secure at least one new mandate for private scale-up capital by year-end.
Positive market sentiment and M&A activity expected to support portfolio growth.
Next IP Group earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage