Comparison website provider MONY Group (MONY) reported record sales and earnings for the FY to December. The group estimated it saved consumers £2.8 billion last year, helped by the adoption of AI-powered tools.
| Share price: 156p (+2%) | PE: 9.5x |
| Market cap: £810m | Yield: 8.6% |
AI providing momentum
The MoneySuperMarket website operator delivered a 2% increase in revenue to £446 million for FY25. It also delivered its highest adjusted EBITDA of £145 million, up 2% on the previous year.
The group’s largest specialty, insurance, registered a 1% drop in FY revenue to £232.5 million. The firm said it faced ‘challenging conditions’ in H2 in car and home insurance, but life sales were strong.
Money, the second-largest specialty, increased 13% in H2 and 8% for the FY thanks to higher credit card switching volumes. Home services was the real stand-out, however, with revenue up 37% to £48 million thanks to a significant increase in energy switching.
For FY26, the group reiterated its guidance of more or less flat EBITDA of £146 million in line with the consensus. It also flagged positive momentum heading into 2026 helped by the use of AI in its website offering.
Of all the businesses which could be disrupted by AI, you would think price comparison websites might be one. Yet according to CEO Peter Duffy that’s not the case, in fact just the opposite.
Duffy reckons the firm’s brands plus its ‘leading data and tech architecture’ has allowed it to ‘harness the opportunity of AI’. New AI-enabled products like Price Optimiser and its new ChatGPT app are ‘powering our momentum’ enthuses the CEO.
That should be music to MONY’s investors’ ears given the battering the stock took at the start of the month. Whether it will halt the two-year slide in the shares is another question, but bargain-hunting seems likely.
Read the press release here: https://www.monygroup.com/investors/
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