Wilmington lifts revenues and bets on Conversia as it deepens RegTech push

Wilmington ( (GB:WIL) ) has issued an update.

Wilmington plc reported ongoing revenue growth of 17% to £47.7m for the half year to 31 December 2025, with organic revenue up 4% and adjusted EBITA rising 9% to £10.4m. Repeat revenues increased to 73% of ongoing revenues, while operating cash conversion remained robust and the interim dividend was raised 3%, underscoring the resilience of its subscription‑led model despite margin pressure from recent acquisitions.

The group’s £105.2m acquisition of Spanish GRC and regulatory compliance provider Conversia significantly expands Wilmington’s reach in the fast‑growing data privacy market and lifts recurring revenue quality, though it pushed the company from a net cash to a £65.0m net debt position. Management continues to invest in its proprietary AI‑enabled RegTech platform, now used by multiple brands and over 100,000 users, as it completes its transformation from media operator to focused RegTech player, with trading for FY26 said to be in line with market expectations and a strong contracted order book supporting visibility.

Wilmington is also actively managing its portfolio, progressing the sale of its US events business and prioritising capital allocation toward acquisitions and technology development. The company targets rapid deleveraging from strong cash generation while deepening platform functionality, including future analytics and reporting tools aimed at strengthening its position in the global GRC and regulatory compliance markets.

The most recent analyst rating on (GB:WIL) stock is a Hold with a £301.00 price target. To see the full list of analyst forecasts on Wilmington stock, see the GB:WIL Stock Forecast page.

Spark’s Take on GB:WIL Stock

According to Spark, TipRanks’ AI Analyst, GB:WIL is a Outperform.

Wilmington’s strong financial performance and positive corporate events are the most significant factors driving the score. However, technical indicators suggest a bearish trend, and valuation metrics indicate the stock is fairly valued. The absence of earnings call data limits further insights.

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

More about Wilmington

Wilmington plc is an international Governance, Risk and Compliance RegTech services group that provides regulatory learning and training, regulatory intelligence and data solutions. The company serves health, safety and ESG, legal, data privacy and financial services sectors, leveraging a proprietary AI‑enhanced RegTech platform and employing over 1,100 staff across around 120 countries.

Average Trading Volume: 126,535

Technical Sentiment Signal: Hold

Current Market Cap: £250.8M

Learn more about WIL stock on TipRanks’ Stock Analysis page.