TPFG reports significant organic growth in 2025, with profitability expected to be ahead of market expectations.
29th Jan 20260 715 2 minutes read Simon Cairnes
The Property Franchise Group has reported a year of strong progress following the acquisition of Belvoir Group and GPEA in 2024, as it focused on integrating the enlarged business across franchising, financial services and licensing, says Chief Executive Gareth Samples (pictured).
In a trading update to the City, the Group said revenue increased by 25% to £84.3m, up from £67.3m in 2024, with profitability expected to be slightly ahead of market expectations. On a pro-forma basis, revenue rose by 9%, with 51% derived from recurring income streams.
£47.5m Franchising revenueFranchising revenue increased by 16% to £47.5m, while Financial Services revenue grew by 26% to £24.2m and Licensing revenue rose by 75% to £12.6m. Net debt reduced to £2.3m, down from £9.1m a year earlier.
The Group said FY25 was focused on delivering the revenue opportunities created by the scale of the newly consolidated business, with “excellent progress” made across its three divisions. This included the launch of the Privilege programme within franchising, improved adviser productivity within Financial Services and measures taken to drive growth in Licensing.
FY25 was a strong year of execution, with successful business integration and solid growth in revenue, profitability and cash.”
Chief Executive Gareth Samples says: “FY25 was a strong year of execution, with successful business integration and solid growth in revenue, profitability and cash.
“Our significantly increased scale is enabling us to deliver greater value to our network and capitalise on additional revenue opportunities, as demonstrated by the launch of our Privilege programme.”
According to the update, the Franchising division now operates across 15 brands, managing 149,000 rental properties and completing more than 35,000 sales during the year. Lettings MSF (management services fees) grew to £21.6m despite a challenging lettings market, while Sales MSF increased to £10.5m, supported by lower borrowing costs and buyers seeking to avoid the March 2025 stamp duty change.
Financial Services completed 25,000 mortgages worth £4.4bn in the year and has since acquired an 85% stake in Smart Advice Financial Solutions, which the Group said is expected to be immediately earnings enhancing.
Looking ahead, the Group reports it has started 2026 with a strong franchising sales pipeline and expects further growth across all divisions, underpinned by a resilient franchise model and a high proportion of recurring revenues.
You can read the full update here.
TagsBelvoir Hunters martin and co TPFG results 29th Jan 20260 715 2 minutes read Simon Cairnes Share Facebook X LinkedIn Share via Email
