Adsure Services has reported strong results for the year ended 31 March 2025, marking another successful year for the business assurance specialist.
The company demonstrated delivery on its strategic goals with significant improvements across key financial metrics whilst expanding its operational footprint.
Revenue climbed 7.7% to £10.0 million, more than doubling the previous year’s growth rate of 3.5%.
This acceleration reflects the company’s enhanced market position and successful client acquisition strategy across its core sectors. Adsure has alluded to their Aquis listing as a driving factor in securing new clients and leading talent.
Operating profit surged 61.4% to £0.9 million. Pre-tax profit jumped 74% to £0.8 million, whilst EBITDA rose to £1.18 million—a 35% increase that lifted margins to 11.8% from 9.4% the previous year.
These are very respectable results and helped support Adsure’s commitment to rewarding shareholders with progressive dividend increases.
The board has proposed a final dividend of 1.14 pence per share, representing a 15.2% increase. Cash balances remained steady at £1.1 million, providing financial stability for future growth initiatives.
“We have worked extremely hard to improve operational efficiencies across the business as revenue grows, and I’m thrilled that our efforts are bearing fruit, with EBITDA margin increasing to 11.8%,” said Vicky Davies, CFO of Adsure Services.
Operational progress
The company’s sector-led business development approach has yielded tangible results. New contracts were secured across health, housing, education, and local government sectors whilst staff utilisation targets were met by 83% of employees.
Adsure made strategic investments in technology, contracting K10 Vision to implement audit working paper software. The company’s proprietary TIAA Insight AI tool has reached testing stage, with early results showing outputs indistinguishable from human auditors. This digital transformation supports margin expansion and operational efficiency goals.
The group expanded into new markets, developing fraud prevention services for social housing and engaging with private sector rail freight operators. Entry into the private sector is particularly interesting.
Strategic focus
Adsure’s three-pillar strategy emphasises organic growth in core markets, accessing new service markets, and creating revolutionary business assurance technologies. The company benefits from its elevated profile following its Aquis listing, which has facilitated the recruitment of senior sector leaders.
Management addressed capacity constraints—the primary growth inhibitor—through restructured senior management and enhanced delivery models. Four lead directors now oversee the main business areas, whilst two senior directors manage operations and commercial activity.
The board expects continued strong trading performance in 2025/26, supported by a robust contract base and healthy new business pipeline. The company plans to refresh its five-year corporate plan, targeting growth in both volume and service scope.
“Our strong 2025 performance positions us well, but I’m focused on the significant opportunities ahead as a London-listed company,” said Kevin Limn, Chief Executive Officer of Adsure Services Plc.
“Having invested prudently in our technological capabilities, the coming year could prove to be game changing for Adsure Services as we pursue further operational efficiencies and margin expansion through the deployment of our proprietary AI tools.”