Wilmington PLC
30 July 2026
30 July 2026
Wilmington plc
Year-end trading update
Wilmington plc, (LSE: WIL, 'Wilmington', 'the Group') the GRC RegTech services group, today provides a trading update for the year ended 30 June 2026.
Revenue growth from the Group's ongoing* businesses is expected to be in the order of 37%, led by the recent acquisition of Conversia, which is expected to deliver more than 20% growth on a like-for-like basis. Eight out of nine ongoing* businesses grew year on year. Reported revenue is expected to be £120.0m (2025: £89.7m), with organic** revenue increasing by approximately 4%.
Operating profit from ongoing* businesses is expected to be up 32%, total adjusted*** profit before tax is expected to be at least £31.0m (2025: £27.7m), slightly ahead of expectations.
Group net debt**** on 30 June 2026 at £53.1m (30 June 2025: net cash £42.2m) is less than 1.7 times EBITDA and down from £65.0m and 1.98 times EBITDA as at 31 December 2025.
Wilmington expects to publish its year end results on 29 September 2026.
Mark Milner, Chief Executive Officer, commented:
"We have delivered another strong set of results with ongoing revenue and profit growth both increasing by over 30%. This consistent performance reflects our focus on a high-quality portfolio of growing GRC RegTech services businesses, based on our proprietary RegTech platform.
"Conversia, our recently acquired Spanish GRC and Regulatory Compliance business, showed notable organic growth from, as expected, high quality recurring revenues."
*Ongoing - eliminating the effects of the impact of disposals, closures and businesses held for sale.
**Organic - Ongoing, eliminating acquisitions and exchange rate fluctuations
***Adjusted profit before tax (PBT) is calculated as PBT after adding back amortisation and impairment of intangible assets (except computer software) and profits/losses on disposals and business closures. Market consensus adjusted profit before tax is £30.5m.
**** Net (debt)/cash includes cash and cash equivalents, held for sale cash, bank loans and bank overdrafts but excludes lease liabilities
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For further information, please contact: Wilmington plc Mark Milner, Chief Executive Officer Guy Millward, Chief Financial Officer Meare Consulting Adrian Duffield |
020 7490 0049
07990 858548 |
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement this inside information is now considered to be in the public domain.
Notes to Editors
Wilmington plc is an international Governance, Risk and Compliance (GRC) RegTech services group providing a range of regulatory learning & training, regulation intelligence & data capabilities across the HSE (Health, Safety and ESG), legal, data privacy and financial services sectors. The Group has a proprietary RegTech platform with embedded AI, employing the Model Context Protocol (MCP) to interface through an orchestration layer with its many enterprise systems.
Wilmington employs over 1,100 people and sells to around 120 countries. Wilmington is listed on the main market of the London Stock Exchange.
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