Fdm Group (holdings) Plc · LSE:FDM
Fdm Group (holdings) — FY2025 Earnings Presentation
18 slides from Fdm Group (holdings)'s earnings presentation, March 2026
Slide 1: Results for the year ended 31 Dec 2025
Results for the year ended 31 Dec 2025 Rod Flavell – CEO Mike McLaren - CFO March 2026
Slide 2: Financial metrics for the year ended 31 December 2025
Financial metrics for the year ended 31 December 2025 Revenue (£m) Adjusted Profit Before Tax ¹ (£m) Adjusted PBT margin ¹ (%) Profit Before Tax (£m) 330.0 334.0 55.6 52.0 50.2 267.4 46.7 17.5% 45.7 257.7 15.8% 15.0% 41.4 34.0 13.2% 177.7 28.1 7.7% 13.7 7.6 -31% -60% -5.5ppts. -73% vs 2024 vs 2024 v
Slide 3: Operational metrics for the year ended 31 December 2025
Operational metrics for the year ended 31 December 2025 Consultants deployed at year end Consultant utilisation ¹ % 97.3% 97.5% 4,905 3,892 92.8% 92.9% 92.7% 4,033 2,578 2,003 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 -22% -0.2ppts. vs 2024 vs 2024 Number in coaching at year end Coaching com
Slide 4: Operational metrics for the year ended 31 December 2025
Operational metrics for the year ended 31 December 2025 Consultants deployed by region Consultant tenure 2,500 10% 20% 19% UK 2,000 45% 47% 36% 26% NA 1,500 YR3+ 53% EMEA 30% 23% YR2 1,000 54% 54% YR1 APAC 500 28% 25% 30% - 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 New clients Internal staff
Slide 5: Our markets
Our markets • The market remained challenging in 2025. Year-end headcount decreased by 14% from December 2024 UK 2023 2024 2025 25 vs 24 25 vs 23 • The proportion of experienced Consultants remained higher than historic averages, reflecting both restrictions imposed Consultants deployed 1,411 1,056
Slide 6: Our markets
Our markets EMEA 2023 2024 2025 25 vs 24 25 vs 23 • Consultant headcount decreased 52% from December 2024 as we were impacted by the early conclusion of a client Consultants deployed 327 256 124 (52%) (62%) project in Germany Coaching completions 256 138 95 (31%) (63%) • During the year we carried a
Slide 7: Headcount by industry
Headcount by industry Industries 2023 2024 2025 Banks 51% 47% 40% Financial Services 15% 14% 18% Insurance 7% 7% 10% Government 6% 8% 10% Software & IT Services 3% 3% 5% 2025 Commercial & Professional Services 4% 6% 4% Energy 4% 3% 3% Retailing 1% 2% 2% Materials 1% 1% 1% Media & Entertainment 3% 2%
Slide 8: AI - What are clients asking for? FDM's Offering
AI - What are clients FDM’s Offering asking for? We have integrated AI concepts into practice sprints and coaching activities across all specialisms, embedding AI across all learning pathways. We are committed to building AI The question is no longer what is capability from the ground up; AI capabil
Slide 9: Summary
Summary • 2025 was our third challenging year in succession and we demonstrated that our ability to adapt to tough markets is much improved • Revenue of £177.7m (2024: £257.7m) and adjusted profit before tax of £13.7m (2024: £34.0m) • We are maintaining a strong balance sheet, with no debt • In resp
Slide 10: FDM Practices
FDM Practices FDM Practices enhance our ability to respond to clients’ needs as they look for more specific, detailed and nuanced skillsets within each job role. Software Change & Data & Analytics IT Operations Risk, Regulation Engineering Transformation & Compliance 9 FDM Group (Holdings) plc - Res
Slide 11: Sustainability and inclusivity
Sustainability and inclusivity 50% 89% 75+ 1 % female within attended a nationalities working senior management state school together as a team team and their at FDM direct reports -1.7% UK median gender pay 3% Identify as having <1 tCO2e Intensity ratio of: gap in favour of females. a disability Sc
Slide 12: Partnerships
Partnerships Our technology partnerships, with some of the world’s most innovative organisations, ensure that we are at the forefront of technological advancements. 11 FDM Group (Holdings) plc - Results for the year ended 31 December 2025
Slide 13: Our programmes Ex-Forces and Veterans Returners
Our programmes Ex-Forces and Veterans • Supporting and transitioning former service personnel into tech and business Consultants 1,100+ • Great British Employers of Veterans Top 50 List 2025 former service personnel placed on-site to date Returners • Supporting and training individuals returning aft
Slide 14: FDM recognition
FDM recognition 13 FDM Group (Holdings) plc - Results for the year ended 31 December 2025
Slide 15: Income Statement
Income Statement 2025 £'000 2024 £'000 For the year ended 31 December 2025 Revenue 177,727 257,704 Cost of sales (100,247) (142,754) Gross profit 77,480 114,950 Administrative expenses (66,708) (87,511) which includes: Exceptional items (2,604) (4,894) Impairment loss (3,272) - Operating profit 7,50
Slide 16: Statement of Financial Position
Statement of 2025 £'000 2024 £'000 Financial Position Non-current assets Right-of-use assets 16,963 19,614 Property, plant and equipment 1,389 1,974 Intangible assets 16,501 19,464 Deferred income tax assets 209 481 As at 31 December 2025 35,062 41,533 Current assets Trade and other receivables 18,5
Slide 17: Statement of Cash Flows
Statement of 2025 2024 £'000 £'000 Cash Flows Cash flows generated from operations 21,924 33,108 Interest received 1,568 1,927 Income tax paid (2,671) (5,796) For the year ended 31 December 2025 Net cash inflow from operating activities 20,821 29,239 Cash flows from investing activities Acquisition
Slide 18: Forward-looking statements
Forward-looking statements This report contains statements which constitute “forward-looking statements”. Although the Group believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to be correct. Because