Wilmington (LSE:WIL) reported ongoing revenue of £120.0 million for the year ended 30 June 2026, an increase of 37%, as eight of its nine ongoing businesses recorded growth.
Ongoing adjusted EBITA increased 33% during the year, while ongoing adjusted profit before tax rose 15% to £30.1 million. Total adjusted profit before tax was £31.4 million.
The company said annual recurring revenue increased 6% and represented 38% of organic revenue, while repeat revenue accounted for 80%.
Wilmington said total adjusted profit before tax has recorded a compound annual growth rate of 13% over the past six years.
Dividend Increased to 12.5 Pence
Wilmington increased its total dividend for the year by 9% to 12.5 pence per share.
The group reported net debt equivalent to 1.7 times total adjusted EBITDA following investment and acquisition activity during the year.
Conversia Acquisition Expands Data Privacy Operations
During the year, Wilmington completed the £105.2 million acquisition of Spanish data privacy specialist Conversia.
The acquisition expanded the group’s operations in international Governance, Risk and Compliance, or GRC, markets and increased the proportion of recurring revenue within the business.
Wilmington said Conversia is trading ahead of its expectations.
The company continues to expect its overall business to meet market forecasts for the current financial year.
Wilmington Continues RegTech Investment
Wilmington continued to invest in its AI-enabled RegTech platform during the period, including tools used within its regulatory information and education services.
The company said the technology is being deployed to support learner engagement and improve internal efficiency.
Management identified increasing regulatory requirements, ESG-related compliance and the adoption of technology-based compliance tools as factors affecting demand across its markets.
More About Wilmington
Wilmington plc is an international Governance, Risk and Compliance RegTech services group listed on the London Stock Exchange’s Main Market.
The group provides regulatory learning and training, regulatory intelligence and data services across areas including health, safety and ESG, legal services, data privacy and financial services.
Wilmington employs more than 1,100 people and provides services to customers in approximately 120 countries.
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