The Property Franchise Group has reported revenue growth of 25% to £84.3m for the financial year, up from £67.3m in the previous year, following its acquisition of Belvoir Group and GPEA in 2024.
In a trading update released to the London Stock Exchange, the company stated that profitability is expected to be slightly ahead of market expectations. On a pro-forma basis, revenue increased by 9%, with 51% coming from recurring income streams.
Division performance
The franchising division generated revenue of £47.5m, representing a 16% increase. Financial services revenue grew by 26% to £24.2m, while licensing revenue rose by 75% to £12.6m. The company’s net debt decreased to £2.3m from £9.1m in the prior year.
Chief Executive Gareth Samples stated: “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.”
Operational metrics
The franchising division operates across 15 brands, managing 149,000 rental properties and completing more than 35,000 sales during the year. Lettings management services fees reached £21.6m, while sales management services fees totalled £10.5m. The company attributed sales growth partly to buyers seeking to avoid the March 2025 stamp duty changes.
The financial services division completed 25,000 mortgages valued at £4.4bn during the period. The company has since acquired an 85% stake in Smart Advice Financial Solutions, which it expects to enhance earnings immediately.
Market outlook
The Property Franchise Group reported entering 2026 with a strong franchising sales pipeline and anticipates further growth across all divisions. The company cited its franchise model and high proportion of recurring revenues as supporting factors for future performance.
The group’s focus during the financial year was on integrating the enlarged business and capitalising on revenue opportunities created by the scale of the consolidated operations, including the launch of its Privilege programme and measures to improve adviser productivity.
