GB Group (LON:GBG) Posts Earnings Results

GB Group (LON:GBG) posted its earnings results on Tuesday. The company reported GBX 19.20 EPS for the quarter, Digital Look Earnings reports. GB Group had a negative return on equity of 14.39% and a negative net margin of 26.34%.The company had revenue of £285.04 million for the quarter.

Here are the key takeaways from GB Group’s conference call:

• GBG delivered FY 2026 results in line with guidance, with revenue of £285 million, 3.2% constant-currency growth, and adjusted operating profit of £67.5 million. Management said the second half accelerated, with core segments growing 5.7%.
• The company said it achieved all five of its second-half priorities, including a return to growth in the Americas, more than 100 GBG Go wins for the year, and £56 million returned to shareholders. It also highlighted continued progress from its new global operating model.
• Management raised its medium-term ambition to 7%–9% revenue growth and above 24% margin, citing momentum in identity, location, and GBG Go. For FY 2027, it guided to mid-single-digit revenue growth with margins temporarily lower due to a £6 million one-off investment.
• The Americas business showed meaningful improvement, with new business up 3x year on year, activation 50% faster, and Q4 returning to growth. GBG also said a new strategic partnership with Equifax should strengthen its U.S. data advantage and support pricing power.
• GBG Go and related AI products were presented as the main growth engines, with early traction including the Uber win, a pipeline of 225+ qualified leads, and the launch of Foresight and GBG for Agents. Management framed these products as enabling higher retention, more cross-sell, and future platform retirements.

GB Group Trading Up 1.9%

Shares of GBG stock opened at GBX 191 on Thursday. GB Group has a 1 year low of GBX 185.05 and a 1 year high of GBX 279.50. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.09 and a quick ratio of 0.74. The stock’s 50 day simple moving average is GBX 213.21 and its two-hundred day simple moving average is GBX 223.84. The company has a market cap of £443.05 million, a PE ratio of -6.22, a price-to-earnings-growth ratio of 173.40 and a beta of 0.00.

Analyst Upgrades and Downgrades

GBG has been the topic of a number of research reports. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 265 price objective on shares of GB Group in a research note on Wednesday, April 22nd. Shore Capital Group reissued a “buy” rating on shares of GB Group in a report on Wednesday, April 22nd. Berenberg Bank reduced their price target on shares of GB Group from GBX 290 to GBX 260 and set a “buy” rating on the stock in a research report on Thursday. Canaccord Genuity Group decreased their price target on shares of GB Group from GBX 400 to GBX 365 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 415 price objective on shares of GB Group in a research report on Wednesday. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, GB Group presently has an average rating of “Moderate Buy” and an average price target of GBX 332.50.

About GB Group

GBG is a global identity technology business, enabling safe and rewarding digital lives for genuine people, everywhere.

For over 30 years, we have combined global data with our innovative technology to make sure that genuine people everywhere can digitally prove who they are and where they live.

We are an essential ingredient that protects against digital crime, strengthens business resilience and drives responsible growth, at scale, across a diverse range of sectors. Today, our team of over 1,100 people serve more than 20,000 customers globally.