Wilmington (WIL) AI Stock Analysis

• Market Cap: £241.80M
• Dividend Yield: 3.78%
• Average Volume (3M): 152.15K
• Price to Earnings (P/E): 33.4
• Beta (1Y): 0.31
• Revenue Growth: 3.22%
• EPS Growth: -71.97%
• Country: UK
• Employees: 600
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Conglomerates
• EPS (TTM): 0.03
• Shares Outstanding: 89,659,770
• 10 Day Avg. Volume: 66,641
• 30 Day Avg. Volume: 152,152
• PEG Ratio: -0.37
• Price to Book (P/B): 2.75
• Price to Sales (P/S): 3.06
• P/FCF Ratio: 18.30
• 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: £452.50
• Price Target Upside: 50.83% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.25
• Revenue Forecast (FY): £127.24M

• Rating: 70 Outperform
• Price Target: 297.00 p ▼(-1.00% Downside)
• Action: Upgraded Date: 12/07/25
• Date: Action: Upgraded 12/07/25

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.

Positive Factors

Strong revenue growth

A 50.1% revenue increase signals durable demand expansion and successful scaling of core offerings. Sustained top-line growth supports reinvestment, margin leverage and strategic initiatives over the next 2-6 months, improving long-term competitive positioning if execution remains consistent.

Very low leverage and strong equity base

Extremely low debt and a 63.7% equity ratio provide financial flexibility and lower solvency risk. This balance sheet strength enables opportunistic M&A, cushions against cyclical shocks, and supports dividend or buyback policies without stressing cash flow over the medium term.

Strategic acquisition and insider buying

The Conversia acquisition and insider share increases represent structural moves: M&A expands product/market footprint, while leadership buying aligns incentives. Together these actions signal durable strategic focus and potential synergistic revenue/margin gains if integration succeeds.

Negative Factors

Declining gross profit margin

A decline in gross margin to 23.5% suggests rising cost pressures or pricing erosion in core operations. If structural, margin weakness can compress operating profitability and cash generation, requiring sustained pricing power or cost initiatives to preserve long-term margins and ROE.

Weak operating cash conversion

An OCF-to-net-income ratio of 0.31 indicates earnings are not converting efficiently into cash. Persistent weak cash conversion constrains capex, debt servicing and shareholder returns, and necessitates operational fixes to convert reported profits into durable free cash flow.

Significant EPS volatility

A roughly -70% EPS change signals material earnings volatility or one-off impacts, undermining predictability of profits and cash flows. Such volatility complicates planning, weakens investor confidence, and raises execution risk for multi-quarter strategic investments.

Wilmington Business Overview & Revenue Model

Company Description

Wilmington plc provides data information, training, and education services to professional markets worldwide. The company operates in two divisions, Information & Data and Training & Education. The Information & Data division offers risk and compliance data to a range of industries, including insurance, pensions, and healthcare The Training & Education division provides compliance training and technical support comprising formal qualifications, continuing education, and mandatory training through instructor-led and self-guided formats for customers across various industries, such as financial services, accountancy, and healthcare. The company also provides information and events for professional practice management; witness training and conference services; cloud-based insight, CRM, KAM, and consultancy services to the pharmaceutical industry; training courses in compliance and money laundering; business intelligence, data analysis, workflow tools, reference information, and other services, as well as online education for the healthcare industry; and post-qualification legal training services. In addition, it offers marketing support services for the accountancy profession; legacy information services; intelligence and investigative skills training services; Spanish language subscription-based publications; trust and shared services; and professional association services, as well as operates conference and networking provider of specialist events in healthcare and finance. The company was formerly known as Wilmington Group plc and changed its name to Wilmington plc in February 2015. Wilmington plc was incorporated in 1995 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Wilmington generates revenue through a combination of subscription-based services, one-time sales of research reports, and licensing fees for proprietary data and software. Key revenue streams include ongoing subscriptions to its legal and financial information platforms, which provide users with access to comprehensive databases and analytical tools. Additionally, the company earns revenue through tailored training programs and consultancy services that help clients navigate complex regulatory environments. Strategic partnerships with industry associations and technology firms further enhance Wilmington's market reach and contribute to its earnings by expanding its service offerings and customer base.

Wilmington Financial Statement Overview

Summary

Wilmington demonstrates strong financial performance with significant revenue growth and solid profitability margins. The balance sheet is robust with minimal leverage, ensuring financial stability. While cash flow generation is healthy, there is potential for improvement in operational cash conversion.

Income Statement

Wilmington has shown strong revenue growth of 50.1% in the latest year, indicating a robust expansion trajectory. The gross profit margin has slightly decreased to 23.5%, but the net profit margin remains healthy at 11.4%. The EBIT and EBITDA margins are solid at 21.0% and 24.1%, respectively, reflecting efficient operational management. However, the decline in gross profit margin suggests potential cost pressures.

Balance Sheet

The company maintains a very low debt-to-equity ratio of 0.012, indicating minimal leverage and financial stability. The return on equity is moderate at 10.3%, suggesting decent profitability for shareholders. The equity ratio stands at 63.7%, highlighting a strong equity base relative to total assets. Overall, the balance sheet reflects a stable financial position with low risk.

Cash Flow

Free cash flow has slightly decreased by 2.92%, but the company maintains a strong free cash flow to net income ratio of 1.0, indicating efficient cash generation relative to earnings. The operating cash flow to net income ratio is 0.31, suggesting room for improvement in converting earnings into cash flow. Overall, cash flow management is solid but could benefit from enhanced operational efficiency.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	102.57M	101.49M	98.32M	123.50M	121.03M	113.03M
Gross Profit	24.02M	23.85M	26.56M	26.36M	23.78M	17.64M
EBITDA	26.18M	24.47M	29.19M	25.46M	45.66M	8.96M
Net Income	10.96M	11.56M	41.21M	20.20M	32.83M	-4.55M
Balance Sheet
Total Assets	252.85M	176.99M	171.65M	145.70M	129.76M	130.34M
Cash, Cash Equivalents and Short-Term Investments	10.88M	42.24M	67.52M	42.17M	19.79M	7.37M
Total Debt	82.28M	1.40M	2.83M	7.21M	7.51M	34.82M
Total Liabilities	145.71M	64.25M	56.34M	65.06M	62.67M	93.67M
Stockholders Equity	107.15M	112.75M	115.31M	80.65M	67.09M	36.67M
Cash Flow
Free Cash Flow	18.03M	16.96M	22.16M	28.85M	18.62M	10.05M
Operating Cash Flow	18.03M	16.96M	22.53M	29.90M	20.35M	13.07M
Investing Cash Flow	-99.95M	-28.39M	11.98M	750.00K	24.76M	1.73M
Financing Cash Flow	61.86M	-14.14M	-9.18M	-9.01M	-29.26M	-31.99M

Wilmington Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 300.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:WIL, the sentiment is Negative. The current price of 300 is above the 20-day moving average (MA) of 277.50, above the 50-day MA of 287.83, and below the 200-day MA of 314.34, indicating a bearish trend. The MACD of -6.41 indicates Positive momentum. The RSI at 30.43 is Neutral, neither overbought nor oversold. The STOCH value of 12.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:WIL.

Wilmington Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HLMA	78 Outperform	£14.59B	17.44	18.61%	0.67%	11.74%	20.98%
CODE	74 Outperform	£2.40M	14.20	6.74%	―	1.64%	―
KITW	72 Outperform	£246.19M	10.68	15.19%	5.20%	19.01%	-15.21%
BNZL	71 Outperform	£7.14B	14.67	17.98%	3.56%	1.92%	0.50%
WIL	70 Outperform	£241.80M	33.44	10.14%	3.78%	3.22%	-71.97%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
OCDO	54 Neutral	£1.62B	3.62	―	―	―	―

Wilmington Corporate Events

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

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.

Wilmington Brings Forward Half-Year Results Release Date

Wilmington plc has announced it will release its half-year results for the six months to 31 December 2025 on 26 February 2026, bringing the publication date forward by three business days. The earlier reporting signals a degree of readiness and confidence in its financial disclosures, which may be of interest to investors tracking the group’s performance and positioning within the global GRC information and training market.

The most recent analyst rating on (GB:WIL) stock is a Hold with a £304.00 price target. To see the full list of analyst forecasts on Wilmington stock, see the GB:WIL Stock Forecast page.

Wilmington Sets Date for Half-Year Results Announcement

Wilmington plc has announced that it will publish its financial results for the six months ended 31 December 2025 on Tuesday 3 March 2026. The forthcoming half-year figures will give investors and stakeholders an updated view on the company’s trading performance and strategic progress in its GRC-focused data, information and training operations, potentially offering insight into its momentum across international markets.

The most recent analyst rating on (GB:WIL) stock is a Buy with a £475.00 price target. To see the full list of analyst forecasts on Wilmington stock, see the GB:WIL Stock Forecast page.

Wilmington Appoints Singer Capital Markets as Joint Corporate Broker

Wilmington plc has appointed Singer Capital Markets Advisory LLP as a joint corporate broker, working alongside its existing broker Joh. Berenberg, Gossler & Co KG, London Branch, with immediate effect. The move underscores Wilmington’s capital markets engagement as it continues to develop its position as a global GRC data and education specialist, and may support broader investor outreach and liquidity in its shares as it pursues its strategic objectives.

The most recent analyst rating on (GB:WIL) stock is a Buy with a £475.00 price target. To see the full list of analyst forecasts on Wilmington stock, see the GB:WIL Stock Forecast page.

Wilmington Names Singer Capital Markets as Joint Corporate Broker

Wilmington plc has appointed Singer Capital Markets Advisory LLP as a joint corporate broker, working alongside its existing broker Joh. Berenberg, Gossler & Co KG, with immediate effect. The move underscores Wilmington’s efforts to strengthen its capital markets support and investor relations infrastructure as it continues to expand its global GRC-focused information and training business, potentially broadening its access to institutional investors and enhancing its profile on the London Stock Exchange.

The most recent analyst rating on (GB:WIL) stock is a Buy with a £475.00 price target. To see the full list of analyst forecasts on Wilmington stock, see the GB:WIL Stock Forecast page.