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Future PLC, a global platform for specialist media, released its half-year results for 2025. The report outlines the companys financial performance and highlights, including a 3% year-on-year decline in revenue, adjusted EBITDA, and operating profit. The results reflect a challenging macroeconomic environment, with a focus on portfolio optimization and a stable adjusted operating margin. The Group expects a low single-digit decline in organic revenue for the full year. The report also includes a review by the companys CEO, Kevin Li Ying, who emphasizes the importance of attracting valuable audiences and diversifying monetization strategies. The companys financial summary, revenue movement, and segmental reporting are provided, along with critical judgments, notes, and independent review reports.
| Financials and Debt | HY 2025 | HY 2024 |
|---|---|---|
| Revenue | £378.4 million | £391.5 million |
| Adjusted EBITDA | £109.8 million | £113.9 million |
| Adjusted Operating Profit | £100.7 million | £105.8 million |
| Adjusted Operating Profit Margin | 27% | 27% |
| Adjusted Diluted EPS | 59.7 pence | 57.2 pence |
| Adjusted Free Cash Flow | £111.5 million | £126.0 million |
| Net Debt | £241.2 million | £256.5 million |