Knights Returns to Organic Growth as Revenue Jumps 30% and Regional Expansion Continues

Knights Group Holdings Plc ( (GB:KGH) ) has issued an update.

Knights reported a strong first half for the six months to 31 October 2025, with underlying revenue up 30% to £103.2m and a return to organic growth of around 3%, while underlying profit before tax rose 12.5% to £16.4m and cash conversion reached 122%, despite a lower margin reflecting higher payroll taxes, interest costs and investment in technology and AI. The group continued to execute its scale-up strategy through selective acquisitions and office upgrades, expanding its footprint in the Midlands, South East and Cardiff, improving retention with annualised churn reduced to 9%, and strengthening its operational management and tech infrastructure, leaving it well positioned for further organic growth in the second half and confident of delivering full-year performance in line with market expectations, although reported profit before tax fell due to higher acquisition-related non-underlying costs and net debt rose to £75.2m following investment and deal-related outflows.

The most recent analyst rating on (GB:KGH) stock is a Hold with a £186.00 price target. To see the full list of analyst forecasts on Knights Group Holdings Plc stock, see the GB:KGH Stock Forecast page.

Spark’s Take on GB:KGH Stock

According to Spark, TipRanks’ AI Analyst, GB:KGH is a Neutral.

Knights Group Holdings Plc’s overall stock score is driven by strong corporate events and financial performance, despite technical analysis indicating bearish momentum. The company’s strategic initiatives and robust cash flow generation support its growth trajectory, but high leverage and current market momentum pose risks.

To see Spark’s full report on GB:KGH stock, click here.

More about Knights Group Holdings Plc

Knights Group Holdings plc is a fast-growing national legal and professional services business, ranked among the UK’s top 50 law firms by revenue. Operating under a corporate rather than traditional partnership structure since 2012, the firm provides specialists across corporate and commercial law as well as private wealth services, focusing on key UK markets outside London through a network of 32 offices in regional hubs including the Midlands, North of England, South East, South West and Wales.

Average Trading Volume: 116,582

Technical Sentiment Signal: Strong Buy

Current Market Cap: £159.6M

See more insights into KGH stock on TipRanks’ Stock Analysis page.