RM plc (RMLPF) Q4 2025 Earnings Call Prepared Remarks Transcript

SA Transcripts158.82K FollowersFollow5ShareSaveComments RM plc (RMLPF) Q4 2025 Earnings Call March 5, 2026 2:00 AM EST Company Participants Mark Cook - CEO & DirectorSimon Goodwin - CFO & Director Presentation Mark CookCEO & Director Hello, and welcome to RM's full year results for 2025. I'm Mark Cook, Chief Executive, and I'm joined by Simon Goodwin, our Chief Financial Officer. In today's update, I'll share an overview of RM's results for 2025. Simon will cover a more detailed review of the financials. I'll then update on the progress we're making on our strategy. As a global EdTech company, we're proud of the part we play in education and the difference we make to the lives of learners every day. Every product we launch, every classroom we kit out, every assessment we enable makes a real impact. 2025 was a year of building momentum. We focused on 3 things: firstly, positioning ourselves to capture the major market opportunity in digital investment and marketing; secondly, strengthening our financial position and improving profitability; and thirdly, setting our business up for sustainable long-term growth. That growth will help us keep improving educational outcomes around the world. I'm really proud that profitability has grown significantly over the course of 2025, reflecting our focus on key growth areas, improved margins and the benefits we're seeing from cost-saving measures. Adjusted operating profit was up 33.2% and adjusted EBITDA, excluding share-based payments, improved 20% on the same period last year. Profit before tax was GBP 3.2 million, marking the first reported statutory profit since FY '21. Overall, revenue was marginally lower than 2024 due to the challenging U.K. schools' market impacting our technology and TTS divisions. Revenue in our core Assessment division grew around 20% as the market continues to transition from paper to hybrid or fully digital assessment and marking.