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RNS Number : 3933O Earnz PLC 12 January 2026
12 January 2026
EARNZ plc
("EARNZ", the "Company" or the "Group")
Trading Update
The Board of EARNZ plc (AIM:EARN) are delighted to report that the results for
the first full year of trading as EARNZ plc for the year ended 31st December
2025 are in line with expectations.
It has been a successful 18 months since the inception of EARNZ plc in 2024,
delivering on our strategic buy and build growth plans.
In August 2024, Cosgrove & Drew Ltd (C&D) and South West Heating
Services Limited (SWHS) were acquired by EARNZ plc. These initial acquisitions
outperformed our consolidated forecast for them in 2025 post completion.
On 1 July 2025, the Group acquired A&D Carbon Solutions Limited (A&D)
which was awarded a significant contract providing insulation, ventilation
upgrades, and renewable energy solutions to homes in the Bradford Metropolitan
Borough (previously announced in an RNS on 11 September 2025). The works are
being undertaken with our newly formed business in Leeds, Warm Low Living
Limited (WLL).
A&D have also been successful in the installation of commercial solar
solutions working with a UK wide partner and with a growing order book.
During 2025 we also expanded the portfolio with the newly formed business
National Retrofit Solutions Limited (NRS). NRS have been successful in gaining
retrofit insulation solutions for the insurance sector.
We are further delighted with recent awards in the public sector in Dorset and
Leeds, which will also offer significant opportunities for long term
profitable growth.
We have been successful in managing the allocation of our capital since we
listed the business in August 2024. The costs of acquiring three businesses,
and the cash and profit impact of setting up two new subsidiaries has been
significant in the 18 months to 31 December 2025
Our strategy is simple:
Build long term partnerships with new and established clients in the public
and private sectors, responsible for residential and non-residential property
portfolios. We intend becoming the partner of choice for those clients, and
their professional advisors, who demand both sound quality and value for money
services.
The Board look forward to continuing to grow EARNZ's presence in these sectors
and bringing stakeholders further exciting news in the near future.
Enquiries:
EARNZ plc
Peter Smith / Elizabeth Lake +44 (0) 7736 77 7790
+44 (0) 7901 514268
Zeus Capital Limited - Nominated Adviser and Broker
Antonio Bossi / Dominic King/Andrew de Andrade +44 (0) 203 829 5000
Camarco - Financial PR
Ginny Pulbrook/Rachel Scott +44 (0) 7961 315138
EARNZ@camarco.co.uk (mailto:EARNZ@camarco.co.uk)
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