WH Ireland Group plc (WHI) AI Stock Analysis

• Market Cap: £9.90M
• Dividend Yield: N/A
• Average Volume (3M): 1.01M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.96
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 133
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): >-0.01
• Shares Outstanding: 235,986,200
• 10 Day Avg. Volume: 2,059,949
• 30 Day Avg. Volume: 1,010,726
• PEG Ratio: 0.60
• Price to Book (P/B): 99.76
• Price to Sales (P/S): -46140.00
• P/FCF Ratio: -186.05
• 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: 48 Neutral
• Price Target: 4.00p ▲(3.90% Upside)

The score is driven primarily by weak financial performance—negative/declining revenue, recurring losses, equity erosion, and persistent cash burn—partly offset by a debt-free balance sheet. Technicals are moderately supportive (price above key moving averages and positive MACD), but overbought RSI tempers momentum. Corporate events add mixed uncertainty despite progress toward a takeover, while valuation impact is limited due to missing P/E and dividend data.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet provides financial stability and flexibility, allowing the company to navigate challenging market conditions without the burden of interest payments.

Strategic Partnerships

Partnering with Verso Wealth Management can enhance service offerings and client reach, contributing to long-term revenue growth and operational efficiency.

Operational Streamlining

Consolidating operations in key locations can reduce costs and improve efficiency, supporting the company's goal of achieving sustainable profitability.

Negative Factors

Declining Revenues

A decline in revenue indicates challenges in maintaining market share and client engagement, which can impact long-term growth prospects and profitability.

Negative Cash Flows

Negative cash flows suggest inefficiencies in cash management, potentially limiting the company's ability to invest in growth opportunities and meet financial obligations.

Poor Profit Margins

Deteriorating profit margins reflect operational inefficiencies and cost management issues, which can undermine the company's ability to achieve sustainable profitability.

WH Ireland Group plc Business Overview & Revenue Model

Company Description

WH Ireland Group plc, a financial services company, provides wealth management, wealth planning, and broking services primarily in the United Kingdom. It operates through two segments, Wealth Management and Capital Markets. The Wealth Management segment provides wealth management solutions and independent financial advisory services to retail clients. The Capital Markets Division provides public and private growth capital, day-to-day and strategic corporate advice, broking, trading, and equity research to funds, high net worth individuals, and family offices. This segment also acts as nominated adviser to clients traded on the Alternative Investment Market and engages in the Institutional sales and research business, which carries out stockbroking activities on behalf of companies, as well as conducting research into markets of interest to its clients. The company was founded in 1872 and is headquartered in London, the United Kingdom.

How the Company Makes Money

WH Ireland Group plc generates revenue through a diversified business model focused on wealth management and capital markets services. In wealth management, the company earns money through management fees and commissions from investment advisory and portfolio management services provided to private clients and institutions. In the capital markets sector, WHI derives income from corporate finance activities, including advisory fees for mergers and acquisitions, fundraisings, and IPOs. Additionally, the company earns broking commissions from executing trades for its clients. WHI's revenue streams are supported by its strategic partnerships and its ability to attract high-net-worth individuals and corporate clients seeking bespoke financial solutions.

WH Ireland Group plc Financial Statement Overview

Summary

WH Ireland Group plc is facing severe financial challenges, including declining revenues, negative profit margins, and negative cash flows. The absence of debt is a positive aspect, but overall, the company's financial health is weak and requires strategic improvement.

Income Statement

The company has experienced a sharp decline in revenue, with a negative growth rate from 2023 to 2024. The gross profit and net income are both negative, indicating significant operational challenges. Margins have deteriorated, with negative EBIT and EBITDA margins, reflecting poor profitability and cost management.

Balance Sheet

The company has no total debt, which is a strength. However, the return on equity (ROE) is negative, indicating a loss in shareholder value. The equity ratio is relatively healthy, suggesting a stable capital structure, but overall asset levels have declined.

Cash Flow

The company has negative free and operating cash flows, indicating cash management issues. The operating cash flow to net income ratio is poor due to negative cash flows, suggesting cash flow inefficiencies. There is a significant decline in free cash flow compared to previous years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-5.35M	-12.00K	-583.00K	-2.68M	32.03M	29.56M
Gross Profit	-5.35M	-12.00K	-583.00K	14.72M	19.90M	20.40M
EBITDA	95.00K	0.00	201.00K	-1.59M	2.94M	2.38M
Net Income	-8.88M	-9.23M	-5.94M	-1.94M	75.00K	1.15M
Balance Sheet
Total Assets	7.33M	8.07M	19.54M	21.05M	26.61M	27.56M
Cash, Cash Equivalents and Short-Term Investments	3.04M	3.54M	5.57M	6.28M	8.36M	9.17M
Total Debt	0.00	0.00	0.00	612.00K	1.38M	2.06M
Total Liabilities	2.60M	2.52M	5.20M	7.41M	11.20M	12.48M
Stockholders Equity	4.72M	5.55M	14.34M	13.64M	15.41M	15.09M
Cash Flow
Free Cash Flow	-2.48M	-2.98M	-5.31M	-1.52M	-2.71M	4.89M
Operating Cash Flow	-2.45M	-2.97M	-5.30M	-1.05M	-2.60M	5.09M
Investing Cash Flow	973.00K	1.64M	1.33M	-35.00K	1.83M	-5.05M
Financing Cash Flow	-121.00K	-119.00K	4.64M	-1.13M	-992.00K	4.44M

WH Ireland Group plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:WHI, the sentiment is Positive. The current price of 3.85 is below the 20-day moving average (MA) of 3.89, above the 50-day MA of 3.13, and above the 200-day MA of 2.32, indicating a bullish trend. The MACD of 0.23 indicates Positive momentum. The RSI at 85.34 is Negative, neither overbought nor oversold. The STOCH value of 57.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:WHI.

WH Ireland Group plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FKE	79 Outperform	£8.27M	6.13	12.70%	2.64%	6.86%	64.55%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CAV	60 Neutral	£38.36M	23.84	3.69%	7.96%	-9.55%	―
PEEL	58 Neutral	£126.00M	25.41	4.84%	―	15.42%	―
TAVI	56 Neutral	£17.20M	3.05	14.69%	2.12%	-17.37%	―
CBG	51 Neutral	$773.01M	-7.75	-9.28%	―	-15.79%	-211.91%
WHI	48 Neutral	£9.90M	―	―	―	―	―

WH Ireland Group plc Corporate Events

W.H. Ireland Shareholders Approve TEAM plc Takeover Scheme

Shareholders of W.H. Ireland Group plc have overwhelmingly approved the recommended acquisition of the company by TEAM plc via a court-sanctioned scheme of arrangement under the UK Companies Act. At both the Court Meeting and General Meeting held on 8 January 2026, the requisite majorities voted in favour of the scheme and the related special resolution to amend W.H. Ireland’s articles, satisfying key conditions for the transaction and paving the way for the deal to proceed, subject to remaining regulatory and court approvals. The companies expect the court sanction hearing around 20 March 2026 and the scheme to become effective around 24 March 2026, after which W.H. Ireland’s shares will be delisted from AIM and replaced by new TEAM plc shares, marking a significant structural change for existing shareholders and consolidating W.H. Ireland’s operations under TEAM’s ownership.

The most recent analyst rating on (GB:WHI) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on WH Ireland Group plc stock, see the GB:WHI Stock Forecast page.

Team plc Clears Key Shareholder Hurdle in WH Ireland Takeover

W.H. Ireland Group plc has confirmed that a key condition for its recommended acquisition by wealth and asset management firm Team plc has been met, after Team’s shareholders approved the transaction at an extraordinary general meeting. The takeover, to be implemented via a court-sanctioned scheme of arrangement, still requires several regulatory and shareholder approvals, including consent from the UK Financial Conduct Authority and votes at WH Ireland’s own court and general meetings scheduled for 8 January 2026, with the company urging strong shareholder participation as it moves toward completion of the deal.

WH Ireland Narrows Loss but Revenue Halves Ahead of Recommended Takeover by TEAM plc

WH Ireland reported interim results for the six months to 30 September 2025 showing revenue more than halved to £4.2m from £8.5m a year earlier, largely due to the prior sale of its Capital Markets division and the loss of key investment managers, while total assets under management fell to £0.97bn and the group posted a statutory pre-tax loss of £0.9m. Although administrative costs were cut by a similar proportion and losses narrowed, cash balances declined to £3.0m and the wealth management arm has been classified as held for sale, with the board pursuing a full exit that has culminated in a recommended £12.7m all-share acquisition by Jersey-based TEAM plc, expected to complete by the end of the first quarter of 2026 subject to court, shareholder and regulatory approvals; the deal aims to create a diversified, well-governed wealth and asset management group and is intended to support an orderly transfer for clients following a period of operational and market uncertainty.

WH Ireland Considers Potential Acquisition Offer from Team plc

WH Ireland Group plc has received a non-binding proposal from Team plc for a potential all-share acquisition, with an exchange ratio of 0.195 Team shares per WH Ireland share. The board is currently evaluating this proposal with its advisers, although there is no certainty that a formal offer will be made. This development could significantly impact WH Ireland’s market positioning and shareholder value, pending further announcements.

WH Ireland Announces Board Changes Amidst Leadership Transition

WH Ireland Group plc announced a change in its board of directors, with Garry Stran stepping down earlier than initially planned. The company is actively seeking a replacement Independent Non-Executive Director, while Simon Moore remains in his position, potentially leaving sooner if possible. This change in leadership may impact the company’s strategic direction and stakeholder relations.

WH Ireland Completes Capital Markets Division Sale

WH Ireland Group plc announced that its subsidiary, WH Ireland Limited, has received a final payment of £1.1 million from Zeus Capital Limited as part of the sale of its Capital Markets Division. The proceeds from this transaction will be used for general corporate purposes, potentially impacting the company’s operational flexibility and financial strategy.

WH Ireland Group plc’s Annual Accounts Approved at General Meeting

WH Ireland Group plc announced that the ordinary resolution presented at its reconvened General Meeting was passed, with 73.75% of votes in favor. This approval of the Annual Accounts for the financial year ended 31 March 2025 reflects shareholder support and may positively impact the company’s operational stability and investor confidence.

WH Ireland Appoints John Cusins as Non-Executive Director

WH Ireland Group plc has announced the appointment of John Cusins as a Non-Executive Director. Cusins, who is currently Joint Managing Director of Lumin Wealth Management and a qualified Chartered Accountant, brings extensive experience in investment management and financial services. His expertise is expected to aid the company in further consultations with principal shareholders regarding future business plans.

WH Ireland Adjourns General Meeting Due to Lack of Quorum

WH Ireland Group plc has announced the adjournment of its General Meeting, initially scheduled for October 20, 2025, due to a lack of quorum. The meeting has been rescheduled to October 27, 2025, at the company’s London office. This delay may impact the company’s timeline for addressing financial matters and could affect stakeholder confidence.

WH Ireland Faces Shareholder Rejection and Board Resignations

WH Ireland Group plc announced that its shareholders have rejected resolutions to dispose of its wealth management business to Oberon Investments Limited and to delist from AIM. The failure of these resolutions has led to the resignation of non-executive directors, who view the vote as a lack of confidence in the board. Despite being loss-making, the company has sufficient liquidity to continue operations and plans to consult with principal shareholders to determine future strategies.

WH Ireland Faces Uncertainty Ahead of Key General Meeting

WH Ireland Group Plc has addressed recent press speculation regarding proxy voting for its upcoming general meeting. The meeting, scheduled for 9 October 2025, aims to consider resolutions for the disposal of the Group’s wealth management business and the delisting of the company’s shares from AIM. Current proxy votes suggest the resolutions may not pass, but the final decision will be determined at the meeting.