Public Policy Holding Co., Inc. (GB:PPHC)
LSE:PPHC
Earnings Data
Report Date
Sep 17, 2026Before Open (Not Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.09Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operational and financial performance for 2025: strong top-line growth (25%), solid organic growth (6%), record adjusted EBITDA ($45M), high conversion to free cash flow ($37M, 82% conversion), successful Nasdaq listing with ~$46M gross proceeds, an active and accretive M&A program, and favorable market dynamics (increased lobbying and state-level policy activity). Notable challenges include GAAP losses driven by significant noncash share‑based compensation (~$30M) and post‑combination charges, one impairment, increased corporate/public‑company costs in 2026, contingent earn-out obligations (~$78M), and modest margin compression versus 2024. Management provided timelines and mitigation (share‑based charge rolling off by end of FY2026; path to GAAP profitability in 2027) and emphasized strong cash generation and disciplined M&A. On balance, the positives (sustained growth, strong cash flow, capital raise, diversified retainer base, active pipeline) outweigh the near-term and accounting-related headwinds.Company Guidance
Strong Revenue Growth
Full-year 2025 revenue grew 25% year-over-year to approximately $187.0 million, driven by both M&A and organic expansion.
Consistent Organic Growth Track Record
Organic revenue growth was 6% in 2025; management noted this extends a 12‑year streak of positive organic growth and targets mid-single-digit organic growth going forward (~5%).
Record Adjusted Profitability and Margins
Adjusted EBITDA reached a record $45 million, up 18% YoY, with an adjusted EBITDA margin of ~24.3% (management target ~25%).
Improved Adjusted Net Income and EPS
Adjusted net income increased 32% to $37 million; adjusted fully diluted EPS was $1.39, up 25% versus prior year.
Very Strong Cash Generation
Adjusted free cash flow was $37 million in 2025 with EBITDA-to-free-cash-flow conversion of ~82%, enabling dividends, acquisitions and debt servicing.
Balance Sheet Strengthened by Nasdaq Listing
Completed a U.S. IPO / Nasdaq dual-listing raising ~ $46 million in gross proceeds; year-end 2025 net debt was ~$27 million (≈0.5x EBITDA) and subsequently converted to a net cash position after the IPO proceeds.
Dividend Policy and Shareholder Returns
Proposed final dividend of $0.24 per share bringing full-year 2025 dividend to $0.355 per share (payout ratio ~30%); dividends paid in 2025 were $9.7 million.
M&A Progress and Active Pipeline
Completed two 2025 acquisitions (TrailRunner International and Pine Cove Strategies) and announced WPI Strategy (London) as an earnings-accretive tuck-in; management reports an active M&A pipeline with >50 firms under consideration.
Segment Strength and Diversification
Government Relations remains the largest segment (≈58% of revenue; ~4% organic growth; ~45% segment profit margin). Corporate Communications & Public Affairs revenue was $65M (+79% YoY, driven largely by M&A and 9% organic growth). Compliance & Insights grew 22% organically and margin expanded to ~55%—the highest growth segment.
High-Quality Client Base and Retention
Over 1,400 clients (including nearly half the Fortune 100), ~90% of revenue is retainer/subscription-based, client revenue retention ~80–85%, no single client >2% of revenue—supporting predictability and low concentration risk.
People & Culture Strength
Headcount surpassed 450 employees; employee ownership is deep with ~135 employee shareholders and ~200 additional employees holding equity instruments; multiple firms received industry workplace and agency awards.
Favorable Market Backdrop
Macro tailwinds noted: record federal lobbying spend (~$5 billion in 2025), number of lobbying organizations +12%, and high state-level legislative activity (e.g., hundreds of AI and data center bills), supporting future demand.
Public Policy Holding Co., Inc. (GB:PPHC) Earnings, Revenues Date & History
GB:PPHC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:PPHC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 23, 2026 | 950.00 p | 935.00 p | -1.58% |
Sep 10, 2025 | 861.95 p | 904.06 p | +4.89% |
Mar 12, 2025 | 668.76 p | 673.71 p | +0.74% |
Sep 18, 2024 | 648.94 p | 651.42 p | +0.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Public Policy Holding Co., Inc. (GB:PPHC) report earnings?
Public Policy Holding Co., Inc. (GB:PPHC) is schdueled to report earning on Sep 17, 2026, Before Open (Not Confirmed).
What is Public Policy Holding Co., Inc. (GB:PPHC) earnings time?
Public Policy Holding Co., Inc. (GB:PPHC) earnings time is at Sep 17, 2026, Before Open (Not Confirmed).
Where can I see when companies are reporting earnings?
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What is the P/E ratio of Public Policy Holding Co., Inc. stock?
The P/E ratio of Public Policy Holding Co., Inc. is N/A.
What is GB:PPHC EPS forecast?
Currently, no data Available