GlobalData (DATA) Trading Update summary

Trading performance and revenue

• Revenue for H1 2025 reached approximately £157m, up 12% year-on-year, though organic revenue was flat excluding forex impact.

• Contracted Forward Revenue (CFR) growth accelerated to 3% in Q2, improving visibility for H2 2025.

• Renewal rates remained consistent, but USD weakness is expected to reduce full-year revenue by around £10m.

Strategic initiatives and transformation

• Continued investment in the Growth Transformation Plan, including embedding new sales teams and adopting solutions-based selling.

• Organic Adjusted EBITDA margin declined by 3ppts in H1 due to transformation investments and recent M&A, but margin recovery is expected in H2.

• Integration of four acquisitions from FY24 is generating cost synergies, with £8m EBITDA contribution expected in H2.

Product innovation and M&A activity

• AI Hub usage more than doubled in H1, and "Sam," a digital worker, was launched to enhance productivity.

• Acquisitions of Ai Palette and Stylus in H1 2025 strengthen consumer innovation intelligence solutions.

• Stylus acquisition combines proprietary data, AI platform, and leading consumer trend insights.