ME Group International (MEGP) H2 2025 earnings summary

Executive summary

• Achieved record profitability in 2025, with profit before tax up 6.5% year-over-year and cash generated from operations reaching GBP 115.5 million.

• Installed a record 1,326 new laundry machines, driving growth in the Wash.ME segment.

• Continued rollout of next-generation and AI-enabled photobooths, with 3,079 installed by year-end.

• Launched new products including the Wash.ME app and a dog washing product.

• Returned GBP 32.6 million to shareholders through dividends, with total dividend per share up 9.5% to GBP 0.0864.

Financial highlights

• Total revenue increased by 2.4% year-over-year (3% at constant currency), reaching GBP 315.4 million, driven by strong laundry and resilient photobooth performance.

• Group EBITDA rose by more than 5% (6% at constant currency) to GBP 120.4 million, with laundry EBITDA up 17%.

• Diluted EPS increased by 4.5% to 14.91p; total dividend per share up 9.5% to 8.64p, representing 55.2% of EPS.

• CapEx increased by 20% to GBP 65.6 million, mainly for laundry expansion and photobooth upgrades.

• Net cash position at year-end was GBP 26.5 million, reflecting higher capex and debt repayment.

Outlook and guidance

• Trading in the first five months of 2026 is in line with management expectations.

• Plans to install over 1,300 net new Wash.ME machines and deploy 8,000 next-generation photobooths by end of 2027.

• Launching a GBP 18 million share buyback program.

• Continued focus on innovation, diversification, and expansion of ancillary services such as dog wash and KeyMe machines.

• Second phase of Wash.ME App and rollout of Kee.ME key cutting machines underway.