15th Jul 2025 14:32
(Alliance News) - GlobalData PLC on Tuesday said its process for move to London's Main Market away from the AIM Market is underway, as it highlighted continued investment in Growth Transformation Plan initiatives.
The London-based data analytics and consultancy said momentum was building in contracted forward revenue in the second quarter, after a slow start to the year.
Revenue was around GBP157 million in the first half of 2025, up 12% from GBP140 million a year prior.
Underlying organic revenue excluding the impact of foreign exchange rates was flat however, the company noted.
As the firm investment in key Growth Transformation Plan initiatives, that meant its organic adjusted earnings before interest, tax, depreciation and amortisation margin declined by three percentage points in the first half of 2025. It did not provide a figure for the first half of 2025, while for the first half of 2024 it had last year reported an adjusted Ebitda margin of 41%.
Further, GlobalData said it expects its move to London's Main Market, away from the AIM Market, to complete in the fourth quarter of 2025. It had announced the proposed move back in February.
"The board believes that the group's continued investment in the business and platform, its strong balance sheet, cash flows and significant merger & acquisition firepower offers shareholders a compelling long-term opportunity for strong returns," the firm said.
Chief Executive Officer Mike Danson said: "GlobalData has shown resilience through a period of transition towards solutions-based selling and an acute focus on strategic account management as we get even closer to our customers. With a tough and uncertain macro- environment we continue to make significant progress in our Growth Transformation Plan."
He added that momentum was building, amid improved visibility for the second half of 2025 and active strategic account management, which was "starting to drive a pipeline of stronger expanding relationships."
GlobalData will publish interim results on August 5.
GlobalData shares were 1.0% lower at 145.00 pence each on Tuesday afternoon in London, giving it a market capitalisation of GBP1.17 billion.
By Tom Budszus, Alliance News slot editor
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