GB Group plc (GBG) AI Stock Analysis

• Market Cap: £553.02M
• Dividend Yield: 1.92%
• Average Volume (3M): 1.68M
• Price to Earnings (P/E): 66.0
• Beta (1Y): 1.43
• Revenue Growth: 1.94%
• EPS Growth: N/A
• Country: UK
• Employees: 1,127
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.10
• Shares Outstanding: 246,556,340
• 10 Day Avg. Volume: 2,386,691
• 30 Day Avg. Volume: 1,678,181
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: £321.25
• Price Target Upside: 40.28% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 62 Neutral
• Price Target: 240.00p ▲(4.80% Upside)

GB Group plc's overall stock score is driven primarily by its strong financial performance, particularly in cash flow and profitability improvements. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation, which tempers the overall score.

Positive Factors

Revenue Growth

The consistent increase in revenue over five years demonstrates strong market demand and effective business strategies, supporting long-term growth.

Cash Flow Strength

Improving free cash flow indicates strong cash generation, providing financial flexibility and the ability to invest in growth opportunities.

Profitability Recovery

The return to positive net profit margins suggests effective cost management and operational efficiency, enhancing long-term profitability prospects.

Negative Factors

Asset Utilization Challenges

Declining total assets indicate potential inefficiencies in asset utilization, which could hinder the company's ability to maximize returns.

Historical Income Volatility

Volatility in net income suggests challenges in maintaining stable profitability, which could impact long-term financial stability.

Stockholders' Equity Decline

A decrease in stockholders' equity may reflect challenges in generating shareholder value, potentially affecting investor confidence and capital raising.

GB Group plc Business Overview & Revenue Model

Company Description

GB Group plc, together with its subsidiaries, provides identity data intelligence products and services in the United Kingdom, the United States, Australia, and internationally. The company operates through three segments: Location, Identity, and Fraud. Its solutions help organizations recognize and verify identities of their customers in their business processes. The company offers location intelligence services, including address capture and verification, digital identity verification, geocodes, and data maintenance services; and identity, document, and age verification solutions. It also provides fraud and compliance management solutions, such as fraud risk assessment and decisioning, transaction monitoring, know your customer risk management, and anti-money laundering solutions. The company serves retail and eCommerce, fintech, financial services, insurance, telecommunication, gaming, banking, vehicle hire, and pension industries, as well as public sector, and nightclubs and venues. The company was incorporated in 1989 and is based in Chester, the United Kingdom.

How the Company Makes Money

GBG generates revenue through a subscription-based model, offering its services on a recurring basis to clients who require ongoing identity verification and fraud prevention solutions. Key revenue streams include the sale of software licenses, transaction-based fees for identity verification services, and consulting services for fraud prevention strategies. Additionally, GBG has established significant partnerships with various technology and service providers, enhancing its capabilities and market reach, which further contributes to its earnings. The company's focus on expanding its product offerings and entering new markets also plays a crucial role in driving revenue growth.

GB Group plc Financial Statement Overview

Summary

GB Group plc has shown strong revenue growth and improved profitability in 2025, with a robust gross profit margin and positive net profit margins. The balance sheet reflects a strong equity base and reduced leverage, though asset utilization needs improvement. Cash flow is a strong point, with increasing free cash flow indicating good cash management. Historical volatility in net income presents a risk, but recent improvements highlight potential for sustained growth.

Income Statement

GB Group plc has demonstrated strong revenue growth, increasing from £199.1 million in 2020 to £282.7 million in 2025, despite a dip in revenue growth rate in the recent year. The gross profit margin remained robust, averaging around 70% over the years, highlighting effective cost management. Net profit margins show improvement from negative in 2024 to positive in 2025, indicating a recovery in profitability. However, historical volatility in net income suggests potential risks in maintaining stable profitability. The improvement in EBIT and EBITDA margins in 2025 compared to 2024 further supports the positive outlook.

Balance Sheet

The balance sheet shows a healthy equity ratio, consistently above 70%, indicating a strong equity base relative to assets. The debt-to-equity ratio has decreased from 2020 to 2025, reflecting reduced leverage. However, total assets have declined over recent years, and stockholders' equity has also seen a decrease from 2022 to 2025, reflecting challenges in asset utilization. The return on equity has improved significantly from negative in 2024 to positive in 2025, suggesting recovered efficiency in generating returns from equity.

Cash Flow

Cash flow analysis shows a robust and improving free cash flow, with a growth from £35.0 million in 2024 to £52.0 million in 2025, indicating strong cash generation capability. The operating cash flow to net income ratio improved significantly, reflecting better cash earnings quality. Despite the challenges in previous years, the company has managed to maintain positive free cash flow, which is a positive indicator of financial health and flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	282.72M	282.72M	277.32M	278.81M	242.48M	217.66M
Gross Profit	161.03M	197.83M	194.52M	197.82M	171.93M	152.56M
EBITDA	59.71M	59.38M	953.00K	-66.03M	51.54M	56.80M
Net Income	8.63M	8.63M	-48.58M	-119.79M	15.26M	26.88M
Balance Sheet
Total Assets	805.15M	805.15M	852.90M	955.12M	1.10B	480.22M
Cash, Cash Equivalents and Short-Term Investments	25.16M	25.16M	21.32M	21.55M	22.30M	21.14M
Total Debt	74.26M	74.26M	102.83M	128.18M	131.60M	3.94M
Total Liabilities	193.77M	193.77M	227.78M	260.98M	314.98M	115.96M
Stockholders Equity	611.37M	611.37M	625.13M	694.14M	787.13M	364.26M
Cash Flow
Free Cash Flow	45.16M	51.99M	35.02M	33.28M	42.91M	57.69M
Operating Cash Flow	45.82M	52.76M	35.48M	34.31M	44.65M	58.43M
Investing Cash Flow	-763.00K	-670.00K	-351.00K	-5.39M	-462.20M	1.83M
Financing Cash Flow	-40.71M	-47.74M	-34.78M	-30.01M	415.68M	-66.14M

GB Group plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 229.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GBG, the sentiment is Negative. The current price of 229 is above the 20-day moving average (MA) of 220.75, above the 50-day MA of 224.61, and below the 200-day MA of 276.99, indicating a neutral trend. The MACD of 0.72 indicates Negative momentum. The RSI at 49.07 is Neutral, neither overbought nor oversold. The STOCH value of 58.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:GBG.

GB Group plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALFA	78 Outperform	713.08M	24.48	55.41%	3.27%	18.44%	33.73%
KNOS	71 Outperform	1.04B	31.07	25.77%	3.28%	-3.96%	-26.93%
ATG	67 Neutral	401.51M	21.04	0.00%	―	1.69%	88.69%
GBG	62 Neutral	£553.02M	65.98	1.40%	1.92%	1.94%	―
TRST	61 Neutral	932.64M	1,145.00	15.06%	―	18.75%	-93.75%
NCC	59 Neutral	445.61M	-18.22	0.00%	2.06%	0.00%	0.00%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

GB Group plc Corporate Events

GB Group plc Executes Share Buyback, Cancels 27,642 Shares

GB Group plc has announced the purchase of 27,642 of its own Ordinary Shares as part of its ongoing share buyback programme. The transaction, executed through Deutsche Numis, involved shares being bought at prices ranging from 220.00 GBp to 221.50 GBp. These shares will be cancelled, reducing the total number of shares in issue to 246,847,385. This move is part of GB Group’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

GB Group plc Executes Share Buyback, Cancels 100,000 Shares

GB Group plc, a company involved in identity data intelligence, announced the repurchase of 100,000 of its Ordinary Shares as part of its share buyback programme. The shares were bought at prices ranging from 214.00 GBp to 217.00 GBp and will be cancelled, reducing the total number of shares in issue to 246,875,027. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

GB Group plc Executes Share Buyback Program

GB Group plc has executed a share buyback program, purchasing 100,000 of its ordinary shares at prices ranging from 212.50 GBp to 216.50 GBp, with an average price of 215.0311 GBp. The purchased shares will be canceled, reducing the total number of shares in issue to 246,975,027. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding, which may impact the company’s market positioning and shareholder calculations under regulatory guidelines.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

GB Group plc Executes Share Buyback and Cancels 75,000 Shares

GB Group plc, a company involved in identity data intelligence, announced the purchase and cancellation of 75,000 of its Ordinary Shares as part of its ongoing share buyback programme. This transaction, executed through Deutsche Numis, reduces the total number of shares in issue to 247,075,027, which impacts the company’s voting rights and shareholder interest calculations.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

GB Group plc Executes Share Buyback, Cancels 75,000 Shares

GB Group plc, a company involved in identity verification and fraud prevention, has announced a transaction involving the repurchase of 75,000 of its Ordinary Shares as part of its ongoing Share Buyback Programme. The shares were bought at prices ranging from 213.00 GBp to 218.00 GBp and will be cancelled, reducing the total number of shares in issue to 247,150,027. This move is likely to impact the company’s share value and voting rights, as it adjusts its capital structure and potentially enhances shareholder value.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

GB Group plc Executes Share Buyback as Part of Capital Management Strategy

GB Group plc, a company involved in identity data intelligence, announced the repurchase of 75,000 of its Ordinary 2.5p Shares as part of its share buyback program. This transaction, executed through Deutsche Numis, will result in the cancellation of the purchased shares, leaving the total number of shares in issue at 247,225,027. The move is part of a strategic effort to manage the company’s capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

GB Group plc Grants Share Options to Executives

GB Group plc has announced the granting of share options to its CEO, Dev Dhiman, and CFO, David Ward, under the company’s Performance Share Plan. The awards, which are contingent on meeting specific performance conditions, involve a total of 562,550 and 479,571 ordinary shares respectively, and are subject to a two-year holding period, adjustment, malus, and clawback provisions. This move is part of GBG’s strategy to align executive incentives with company performance, potentially impacting shareholder value and executive retention.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

GB Group plc Executes Share Buyback to Optimize Capital Structure

GB Group plc, a company involved in identity data intelligence, announced the purchase of 75,000 of its own ordinary shares as part of its ongoing share buyback program. The shares were purchased at prices ranging from 216.50 GBp to 219.00 GBp and will be cancelled, reducing the total number of shares in issue to 247,300,027. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

GB Group plc Executes Share Buyback, Cancels 125,000 Shares

GB Group plc, a company involved in identity data intelligence solutions, announced the purchase and cancellation of 125,000 of its Ordinary Shares as part of its ongoing share buyback program. This action reduces the total number of shares in issue to 247,375,027, potentially impacting shareholder voting rights and market perception by demonstrating the company’s confidence in its financial health and commitment to returning value to shareholders.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

GB Group plc Executes Share Buyback and Cancels Shares

GB Group plc has executed a share buyback, purchasing 7,977 of its Ordinary Shares at prices ranging from 222.50 GBp to 223.00 GBp per share, as part of its ongoing Share Buyback Programme. The purchased shares will be cancelled, reducing the total number of shares in issue to 247,500,027, which will impact the company’s total voting rights and may influence shareholder calculations under regulatory guidelines.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £238.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.