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Highlights

  • AJB's revenue up 17% to £153.2 million in H1; pre-tax profit rises 12% to £68.8 million.

  • Customer base grows by 51,000, with platform assets reaching a record £90.4 billion.

  • £64 million returned to shareholders; new £25 million share buyback launched.

AJ Bell PLC (LSE:AJB), one of the UK’s leading investment platforms has posted a 17% increase in revenue, reaching £153.2 million for the six months ending 31 March 2025, while profit before tax rose by 12% to £68.8 million.

During the half-year, AJ Bell added 51,000 new customers, bringing its total customer base to 593,000. Platform AUA climbed to an all-time high of £90.4 billion, buoyed by £3.3 billion in net inflows and supportive market movements. The company’s in-house investment management division also recorded a 10% growth in assets under management, now standing at £7.5 billion.

Shareholders benefited from AJ Bell’s continued profitability, with the company returning £64 million through dividends and a £30 million share buyback completed earlier this year. Further demonstrating confidence in its outlook, AJ Bell announced a new share buyback programme of up to £25 million and increased its interim dividend by 6% to 4.50 pence per share.

Chief Executive Michael Summersgill expressed satisfaction with the half-year performance, noting that momentum carried into April. “Customer activity remained high around the tax year-end, despite some market volatility,” he said. Summersgill emphasised the importance of ongoing investment in the brand, technology, and customer service in driving AJ Bell’s continued growth and market share expansion.