Ramsdens Holdings PLC, a diversified financial services provider and retailer, reported strong financial results for the year ended September 30, 2025, with a 43% increase in profit before tax to £16.2 million and revenue exceeding £100 million for the first time. The companys success was driven by growth in all four key income streams, including a 52% increase in gross profit from the purchase of precious metals segment, a 9% increase in pawnbroking gross profit, and an 18% increase in jewellery retail gross profit.
**Key Financial Highlights**
Revenue increased by 22% to £116.8 million.
Gross profit increased by 18% to £60.7 million.
Profit before tax increased by 43% to £16.2 million.
Net assets increased by 17% to £62.9 million.
Basic earnings per share increased by 42% to 37.0p.
Final ordinary dividend increased by 18% to 9.0p per share, with a special dividend of 2.0p per share.
**Business Segments**
1. **Jewellery Retail** Revenue increased by 20% to £42.6 million, with a focus on pre-owned jewellery, new jewellery, and premium watches. Online sales contributed 19% of jewellery revenue.
2. **Pawnbroking** Gross profit increased by 9% to £12.7 million, with a focus on providing short-term loans to customers.
3. **Purchase of Precious Metals** Gross profit increased by 52% to £17.9 million, driven by the high gold price and increased awareness of the service.
4. **Foreign Currency Exchange** Gross profit decreased by 3% to £13.8 million, due to a shift towards online and card transactions with lower margins.
**Strategic Initiatives**
Opened new stores in Grantham, Burton, and Wakefield, with plans to open 8-12 new stores in FY26.
Launched dedicated websites for pawnbroking, gold buying, and jewellery retail to support omni-channel growth.
Acquired a small pawnbrokerGeminion the Isle of Sheppey.
Committed to paying the Real Living Wage to employees, with a 6.7% increase in April 2026.
**Outlook**
Ramsdens expects profit before tax for FY26 to exceed £18 million, driven by continued momentum across the group and a high gold price. The company plans to focus on improving existing store performance, developing its online proposition, expanding its store footprint, and exploring acquisition opportunities.
**Dividend**
The board recommended a final ordinary dividend of 9.0p per share and a special dividend of 2.0p per share, reflecting the companys strong performance and commitment to a progressive dividend policy.
**Ultimate Answer** Ramsdens Holdings PLC reported a strong financial performance in FY25, driven by growth in all business segments, and expects continued momentum in FY26, with a focus on store expansion, online growth, and strategic acquisitions.
