Hansard Global (HSD) AI Stock Analysis

• Market Cap: £70.74M
• Dividend Yield: 9.33%
• Average Volume (3M): 82.21K
• Price to Earnings (P/E): 39.2
• Beta (1Y): 0.28
• Revenue Growth: -52.34%
• EPS Growth: -65.35%
• Country: UK
• Employees: 182
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Life
• EPS (TTM): 0.01
• Shares Outstanding: 137,557,070
• 10 Day Avg. Volume: 57,120
• 30 Day Avg. Volume: 82,211
• PEG Ratio: -0.58
• Price to Book (P/B): 4.20
• Price to Sales (P/S): 1.44
• P/FCF Ratio: 5.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: 54.00p ▲(10.43% Upside)
• Action: Reiterated Date: 12/07/25
• Date: Action: Reiterated 12/07/25

Hansard Global's overall stock score is primarily influenced by its financial performance challenges, particularly in revenue growth and operational efficiency. However, the company's strong dividend yield and positive corporate events, including strategic growth plans and successful AGM resolutions, provide some support. Technical indicators are neutral, suggesting a balanced market sentiment.

Positive Factors

Fee‑based, niche business model

Hansard’s core model is recurring, fee-based income from insurance wrappers sold to internationally mobile clients and distributed via intermediaries. That creates a sticky revenue base and structural annuity‑like fees which support predictability and long‑term cash generation independent of single product sales.

High gross profit margin

A 75% gross margin indicates resilient unit economics on core policies and efficient direct servicing. Strong gross margins provide a durable buffer to absorb distribution costs or market declines, supporting the ability to maintain operating profitability as the company scales or reinvests in product development.

Conservative leverage

Low debt relative to equity signals a conservative capital structure and financial flexibility. Manageable leverage reduces refinancing risk, helps preserve optionality for strategic investments or dividend support, and improves resilience to shocks over a multi‑quarter horizon.

Negative Factors

Sharp revenue decline

A near 70% revenue drop materially shrinks the recurring fee base that funds operations and future investments. Sustained top‑line contraction undermines asset‑based charges, compresses future cash flows, and raises the burden on cost cuts or growth initiatives to restore long‑term earnings capacity.

Weak cash conversion

Very low conversion of reported earnings into operating cash and a decline in free cash flow growth indicate earnings weakness isn’t translating into liquid resources. This constrains funding for dividends, product investment or restructuring and increases vulnerability to prolonged revenue weakness.

Poor operating profitability

Negative operating margins and a single‑digit net margin show operational inefficiencies and limited capacity to absorb costs or invest. Persistent weak margins erode return on equity, limit reinvestment potential, and heighten sensitivity to fee pressure or higher regulatory/compliance costs.

Hansard Global Business Overview & Revenue Model

Company Description

Hansard Global plc operates as a specialist long-term savings provider that offers savings and investment products for investors, institutions, and wealth-management groups worldwide. The company offers unit-linked regular or single premium life assurance and investment contracts; administration services; and marketing and development services. It also operates Hansard OnLine, a sales and business administration tool that is used by independent financial advisors (IFAs) and clients. The company distributes its products through IFAs, as well as through the retail operations of financial institutions. Hansard Global plc was founded in 1970 and is headquartered in Douglas, the United Kingdom.

How the Company Makes Money

Hansard Global generates revenue primarily through the sale of investment-linked insurance policies, which typically involve fees and charges associated with policy administration, investment management, and the insurance coverage itself. Key revenue streams include initial and ongoing premiums paid by policyholders, as well as management fees from the investment funds linked to these policies. The company may also earn performance-related fees based on the returns generated by the underlying investment portfolios. Additionally, strategic partnerships with financial advisors and wealth management firms enhance distribution channels, contributing to increased sales and customer acquisition, which further supports the company's earnings.

Hansard Global Financial Statement Overview

Summary

Hansard Global faces significant challenges, particularly in revenue growth and operational efficiency, as reflected in the income statement. The balance sheet shows moderate leverage, but profitability metrics have weakened. Cash flow generation is mixed, with strong free cash flow relative to net income but declining growth.

Income Statement

Hansard Global's income statement reveals significant challenges, with a sharp decline in revenue by 68.62% in the latest period. The company also experienced negative EBIT and EBITDA margins, indicating operational inefficiencies. However, the gross profit margin remains relatively strong at 75.10%, suggesting some resilience in core operations. The net profit margin is low at 3.73%, reflecting limited profitability.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.16, indicating manageable leverage. However, the return on equity has decreased, reflecting reduced profitability. The equity ratio is not explicitly calculated, but the company's equity position appears stable relative to its assets.

Cash Flow

Cash flow analysis indicates a decline in free cash flow growth by 14.57%, which is concerning. The operating cash flow to net income ratio is low at 0.11, suggesting challenges in converting income into cash. However, the free cash flow to net income ratio is relatively strong at 0.93, indicating efficient cash generation relative to net income.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	48.20M	48.80M	45.70M	117.80M	67.00M
Gross Profit	36.20M	37.30M	35.40M	37.80M	39.10M
EBITDA	-10.90M	8.50M	-18.90M	5.70M	-139.50M
Net Income	1.80M	5.20M	5.70M	3.60M	4.90M
Balance Sheet
Total Assets	1.35B	1.37B	1.32B	1.31B	1.43B
Cash, Cash Equivalents and Short-Term Investments	138.70M	136.10M	1.17B	1.17B	1.29B
Total Debt	2.70M	2.70M	2.90M	2.30M	2.70M
Total Liabilities	1.33B	1.35B	1.30B	1.29B	1.41B
Stockholders Equity	16.50M	20.70M	21.80M	22.20M	24.70M
Cash Flow
Free Cash Flow	12.90M	2.30M	400.00K	6.80M	22.00M
Operating Cash Flow	13.90M	6.20M	7.00M	11.30M	25.80M
Investing Cash Flow	-4.90M	-4.10M	-6.30M	-4.50M	-3.80M
Financing Cash Flow	-6.30M	-6.30M	-6.30M	-6.60M	-6.50M

Hansard Global Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 48.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HSD, the sentiment is Positive. The current price of 48.9 is below the 20-day moving average (MA) of 51.68, below the 50-day MA of 50.07, and above the 200-day MA of 47.57, indicating a bullish trend. The MACD of 0.46 indicates Positive momentum. The RSI at 53.11 is Neutral, neither overbought nor oversold. The STOCH value of 48.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:HSD.

Hansard Global Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BRK	72 Outperform	£256.30M	38.79	7.58%	5.14%	-13.29%	63.87%
CSN	72 Outperform	£755.14M	-72.03	-2.53%	8.03%	-48.03%	-289.17%
PRU	71 Outperform	£28.64B	11.40	20.51%	1.56%	37.94%	291.37%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PHNX	67 Neutral	£7.68B	-12.09	-49.24%	7.48%	-34.62%	-19.20%
HSD	58 Neutral	£70.74M	39.20	9.65%	9.33%	-52.34%	-65.35%
JUST	47 Neutral	£2.25B	-20.23	5.21%	1.22%	-7.30%	-27.69%