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TEAM PLC, a wealth, asset management, and financial services group, released its interim results for the first half of 2025, showing significant growth and progress. The company reported a 41% increase in revenues to ยฃ5.8 million, with total client assets surpassing ยฃ1.1 billion. TEAM also successfully raised ยฃ2.96 million through equity and convertible loan instruments, and had ยฃ2.16 million in cash reserves as of March 31, 2025.
The companys operational highlights include growth in total client assets across its divisions, a successful group-wide cost reduction program, and the upcoming launch of the TEAM UCITS fund. The outlook for the remainder of the financial year remains positive, with a continued focus on migrating client assets to MPS and expanding the international advisory network.
Mark Clubb, Executive Chairman of TEAM, expressed confidence in the companys trajectory and mid-term targets, which include annual revenue of ยฃ20 million, an EBITDA margin exceeding 30%, and Assets Under Advice/Management of ยฃ4 billion. The company is focused on execution, with the UCITS fund launch being central to driving growth and achieving profitability.
The financial review highlights the companys improved financial position and continued revenue growth, with the goal of achieving month-on-month profitability. The segmental analysis shows the performance of the Groups three principal operating segments: Investment and Fund Management, Advisory and Consultancy, and International.
Overall, the results demonstrate TEAM PLCs strong performance and positive trajectory, with a focus on growth and achieving financial targets.
| | HY 25 | HY 24 |
|---|---|---|
| Revenues | ยฃ5.8m | ยฃ4.1m |
| Total client assets | ยฃ1.112bn | ยฃ0.9bn |
| Cash in bank | ยฃ2.16m | ยฃ1.5m |
| Total Equity Raised | ยฃ1.96m | - |
| Convertible Loan Notes | ยฃ1m | - |
| Gross Total Raised | ยฃ2.96m | - |
| Underlying loss before tax | ยฃ796k | ยฃ992k |
| Loss before tax | ยฃ1.757m | ยฃ1.013m |
| Loss for the period | ยฃ1.757m | ยฃ1.010m |
| Loss per share | 3.6 pence | 3.5 pence |