Yu Group (YU) Trading Update summary

Financial performance and growth

• Revenue for H1 2025 reached approximately £341m, a 9% increase year-on-year, aligning with market share growth strategy.

• Average monthly bookings were £41.4m, down 12% from H1 2024, reflecting normalization in the wholesale commodity market.

• Net cash stood at £109.9m at June 30, 2025, up from £86.8m, after dividend and capex outflows.

• EBITDA and EPS for FY25 are expected to meet current market expectations despite a more competitive pricing environment.

Operational highlights

• Meter points increased by 48% year-on-year to 107,000, supporting sustainable scaling.

• Yü Smart meters owned rose 179% to 36,500, driving a 200% increase in forward annualized indexed annuity income.

• Strong partnership with Shell Energy enabled additional product offerings and continued scaling.

• Third consecutive year recognized in The Sunday Times '100 Best Places to Work' list.

Strategic outlook and initiatives

• Focus remains on scaling both meter points and smart meter ownership, with positive impacts on customer usage and cost control.

• Strong cash generation and disciplined balance sheet support opportunistic inorganic growth and progressive dividend policy.

• Continued investment in digital solutions and sustainable energy offerings for UK businesses.

• Interim results scheduled for release on September 23, 2025.