By Josh White
Date: Tuesday 10 Jun 2025
(Sharecast News) - Tatton Asset Management reported a strong set of full-year results on Tuesday, with record net inflows and double-digit growth in both revenue and profit for the year ended 31 March.
The AIM-traded investment management and IFA support services group said group revenue rose 23.1% to £45.3m, while adjusted operating profit increased 23.9% to £22.9m, both at the upper end of market expectations.
Assets under management and influence (AUM/I) climbed 24% to £21.8bn, with organic net inflows reaching a record £3.7bn, equivalent to 22.3% of opening AUM.
The company's client base also expanded, with the number of IFA firms rising 13.8% to 1,110 and client accounts up 22% to 153,915.
Paradigm Mortgages, the group's mortgage distribution arm, saw completions increase 8.1% to £14.2bn.
Chief executive Paul Hogarth said he was "delighted with the performance we have delivered in 2025, as we continued to make strong progress against our long-term ambitions, achieving sustained organic growth and advancing our strategic priorities."
He added: "These achievements not only reflect the strength and resilience of our business model, but also stand as a testament to the adaptability, professionalism, and unwavering commitment of our people across the group."
Hogarth noted that the group had navigated a "challenging year, marked by an ever-changing and often unpredictable market environment," but had remained focused on delivering value for stakeholders.
"As we enter the new financial year, we are encouraged by a strong start, with net new inflows of £0.6bn in the first 10 weeks," he said, though he cautioned that Tatton expected a normalised run rate of between £200m and £250m per month over the remainder of the year.
Profit before tax advanced to £21.6m from £16.8m a year earlier, while adjusted fully diluted earnings per share rose 25.1% to 28.65p.
Tatton's board recommended a final dividend of 9.5p, bringing the total payout for the year to 19.0p, up 18.8%.
The group ended the period with a robust financial position, holding cash of £32.1m and net assets of £50.6m.
Looking ahead, Hogarth reaffirmed Tatton's commitment to its £30bn AUM/I target by the end of the 2029 financial year and expressed confidence in the group's prospects.
"We approach the new financial year with confidence, although we remain mindful of the persistent macroeconomic and geopolitical challenges that may create periods of market volatility," he said.
"Despite these external headwinds, we believe that our resilient and scalable business model, which is underpinned by our IFA-focused approach, consistent long-term investment performance, and range of high-value propositions, positions us well for continued success."
At 1440 BST, shares in Tatton Asset Management were up 8.75% at 652.5p.
Reporting by Josh White for Sharecast.com.
Email this article to a friend
or share it with one of these popular networks:
You are here: news