Half Year 2025 RM PLC Earnings Call Transcript

Jul 15, 2025 / 08:00AM GMT
Mark Cook - RM PLC - Chief Executive Officer, Executive Director

Hello, and welcome to RM's half year results for 2025. I'm Mark Cook, Chief Executive Officer, and I'm joined by Simon Goodwin, our Chief Financial Officer. In today's update, I'll begin with a summary of our results for the period, Simon will provide a detailed review of the financials, and I'll conclude with an update on our strategic priorities.

I'm pleased to share that we are making strong progress in setting the business up for long-term growth, which is the core focus of our strategy. Our profitability improved, supported by margin improvements and the impact of cost savings taking effect.

EBITDA was up 46% on the same period last year. Overall, revenue was moderately lower year-on-year, although assessment delivered growth, which I'll come back to shortly in the divisional overview. GBP20 million worth of cost savings have been delivered so far this year.

We hit a major milestone in our growth strategy with the launch of RM Ava, our adaptive virtual accreditation platform. RM Ava brings together our

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