)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
Keystone Law Group (KEYS) investor relations material
Keystone Law Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary24 Sep, 2025
Executive summary
Revenue grew 16.5% year-over-year to £54.2 million for the six months ending 31 July 2025, with adjusted PBIT up 11.2% to £6.2 million and adjusted PBT up 20.4% to £7.3 million, reflecting strong recruitment and operational performance.
The platform operates with over 600 vetted lawyers working remotely, leveraging a scalable, performance-based model and robust recruitment of senior lawyers, with 30 new Principals and 19 pod members added, bringing total fee earners to 612.
The business remains debt-free with £6.5 million in cash after paying both ordinary and special dividends, and maintains a capital-light, cash generative model.
Continued investment in technology, including AI tools and a brand refresh, supports operational efficiency, lawyer productivity, and market positioning.
The addressable market is estimated at £12 billion, with the platform model now mainstream and widely accepted.
Financial highlights
Revenue reached £54.2 million, up 16.5% year-over-year, with adjusted PBIT at £6.2 million (+11.2%), adjusted PBT at £7.3 million (+20.4%), and adjusted EPS at 17.8p.
Operating cash conversion was 104.2%, and gross profit margin slightly decreased from 26% to 25.5%.
Net interest income rose to £1.1 million from £500,000 due to renegotiated bank rates.
Interim dividend declared at 7.5p per share, with £9.2 million in dividends paid during the period.
Net cash at period end was £6.5 million, with no debt.
Outlook and guidance
FY 2026 revenue and adjusted PBIT expected to be ahead, and adjusted PBT comfortably ahead, of current market expectations, with management guiding revenue of £103.6 million, adjusted PBIT of £12.0 million, and adjusted PBT of £12.9 million.
Positive start to the second half with strong recruitment and billings; Board remains confident in ongoing success despite global economic uncertainty.
Net interest income expected to decline as base rates fall.
No near-term plans for international expansion; focus remains on UK market opportunities.
Market conditions remain favorable, with legal demand strong and recruitment competition moderate.
AI strategy: expected efficiency gains?
Principal recruitment quality metrics?
Impact of large dividend on future cash?
Which AI tools deliver most immediate lawyer value?
Long-term recruitment strategy given market shifts?
How to offset gross profit margin pressure?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Keystone Law Group earnings date
H2 20265 May, 2026
Next Keystone Law Group earnings date
H2 20265 May, 2026
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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
)
Edge19 Sep 2025
American Express: An Empire of Plastic
How history, brand, and structure have steadily built American Express' moat, and why Warren Buffett still calls it a one-of-a-kind business.
Frequently asked questions
Keystone Law Group plc is a UK-based law firm that redefines the conventional legal service delivery model through its innovative approach. Established in 2002, the firm utilizes a technology platform that enables lawyers to work flexibly, often outside traditional office environments. This model allows Keystone Law to offer a broad range of legal services across various sectors, including banking and finance, capital markets, commercial law, commercial property, construction and projects, corporate law, data protection, dispute resolution, employment law, EU and competition law, family and matrimonial law, and fraud and financial crime. The company is headquartered in London, and its shares are listed on the London Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage