Overview
- For the year to 30 September 2025, revenue rose 22% to about £117m and pre-tax profit increased to £16.2m, up 43%.
- Jewellery retail and pawnbroking led gains as the gold price hit about $4,600 per ounce, with precious-metals gross profit up more than 50% in the first quarter.
- Higher gold valuations enabled larger secured loans against jewellery, making pawnbroking more attractive for customers.
- Foreign-currency gross profit fell 3% for the year and was down 5% in the first quarter as customers shifted to online ordering and currency cards.
- The board raised total dividends to 16p for the year, including a 9p final, and plans further store openings in 2026 with a target of 8–12 locations and six sites already earmarked.