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Ramsdens Holdings PLC (LSE:RFX) has delivered record-breaking interim results for the six months ending 31 March 2025, fueled by elevated gold prices and robust performance across its diversified business lines. Revenue climbed 18% year-over-year to £51.6 million, while profit before tax surged 54% to an all-time high of £6.1 million.
A key driver of the company’s strong performance was its precious metals segment, which saw gross profit rise by 53% amid sustained strength in the gold market. Ramsdens also launched new standalone websites dedicated to its pawnbroking and gold purchasing services, helping to boost digital engagement and broaden customer reach. Despite increased staffing costs, the company remains confident in its trajectory, forecasting full-year profits to exceed £15 million.
Strong Fundamentals Support Positive Outlook
Ramsdens continues to benefit from a well-balanced business model and prudent financial management. The company’s consistent growth, strong profitability, and conservative use of leverage contribute to a favorable outlook. While some short-term technical indicators suggest caution, compelling valuation metrics and recent operational milestones strengthen its appeal within the diversified financial services space.
About Ramsdens Holdings
Based in Middlesbrough, Ramsdens Holdings is a multifaceted financial services and retail business operating across four main areas: foreign currency exchange, pawnbroking, precious metals trading, and jewelry retail (both new and pre-owned). The company runs 169 stores throughout the UK and is steadily expanding its online presence. Ramsdens is fully authorized by the FCA for its pawnbroking, credit broking, and payment services.
