Sancus Lending notes continued housing undersupply in UK as profit up

(Alliance News) - Sancus Lending Group Ltd on Thursday said that several structural trends support its outlook as it posted a jump in annual pretax profit amid solid revenue growth.

Shares in the London-based alternative financial services provider surged 49% to 1.19 pence each on Thursday afternoon in London. Its shares have more than doubled compared to a year ago, but are 60% lower than five years ago.

Sancus said pretax profit jumped to GBP1.2 million in 2025 from GBP130,000 a year ago.

Revenue climbed 32% to GBP22.1 million from GBP16.8 million. Cost of sales increased 33% to GBP14.8 million from GBP11.2 million, while operating expenses increased 18% to GBP7.1 million from GBP6.0 million.

Looking ahead, the company said the macroeconomic environment remained mixed while several structural trends supported its outlook. Sancus cited continued undersupply of housing across the UK and Ireland, increasing regulatory pressure on traditional banks, and growing institutional and private wealth appetite for secured private credit strategies, among others.

Chief Executive Officer Rory Mepham said: "Five years ago, the group faced significant operational and financial challenges. Through disciplined execution, strengthened leadership and careful capital management, we have rebuilt the foundations of the business. The achievement of meaningful profitability in 2025 represents an important milestone in that journey. While there remains work to do, we now operate from a position of greater stability, stronger momentum and increasing strategic flexibility. We are excited about the next phase of our development."

By Tom Budszus, Alliance News slot editor

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