Gamma Communications (GAMA) Corporate presentation summary

Market position and business model

• Holds a leading position in European growth markets with extensive distribution reach and strong financial resilience, generating 89% recurring revenue and over 50% gross margin.

• Maintains a highly cash-generative business model with 90%+ cash conversion and a balanced approach to capital allocation, investing in growth and shareholder returns.

• Offers business-critical communications technology through a broad partner network, connecting major technology vendors with SMEs, corporates, and the public sector.

Financial and operational performance

• Achieved 16% gross profit growth to £348.2m and 13% adjusted EBITDA growth to £141.7m in FY2025.

• Adjusted EPS rose 11% to 94.5p, with £131.8m cash generated by operations and 93% cash conversion.

• Returned £64.0m to shareholders, including a £45.1m share buyback, and ended 2024 with net cash of £153.7m.

• Gamma Germany delivered double-digit revenue growth, driven by acquisitions, and improved group gross margin to 54%.

• UK SME segment showed resilience despite PSTN headwinds, while Service Provider expanded internationally to 27 countries.

Product and service portfolio

• Provides integrated solutions: calling, cloud communications, connectivity, SIP trunking, and secure services for businesses of all sizes.

• Partners with leading technology providers (Microsoft, Cisco, Amazon, Zoom, Ericsson) to deliver best-of-breed solutions.

• Offers direct and indirect routes to market across the UK, Germany, Benelux, Spain, and other European regions.