Yu Group AIM:YU.
- Founded
- 2013 · Nottingham, England
- Incorporated
- United Kingdom
- Chief executive
- Bobby Kalar
- Employees
- 480
- Reports in
- GBP
- Companies House
- 10004236
Challenger business energy supplier providing gas, electricity and water to UK corporate and SME customers, with its own smart metering installation and ownership business (Yu Smart) adding annuity income. Has taken meaningful market share from incumbents while remaining profitable, a rarity among challenger suppliers.
Read straight from the annual reports
1,675p at close on 2 Oct 2026 · 11 reported years, 2015–2025
| Line | FY201512/15 | FY201612/16 | FY201712/17 | FY201812/18 | FY201912/19 | FY202012/20 | FY202112/21 | FY202212/22 | FY202312/23 | FY202412/24 | FY202512/25 | FY2026unreported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | later 45.6 | |||||||||||
| Gross profit | later 6.8 | later 3.2 | ||||||||||
| Operating profit | later 0.78 | |||||||||||
| Adjusted operating profit | — | — | — | — | — | — | — | — | ||||
| Exceptional items | — | later 0 | vs 0.93 | vs 0 | ||||||||
| Net finance cost | ||||||||||||
| Profit before tax | later 0.73 | |||||||||||
| Adjusted profit before tax | later 1.3 | — | — | — | — | — | — | — | ||||
| Tax charge | later 0.02 | |||||||||||
| Profit for the year | later 0.71 | |||||||||||
| EBITDA | ||||||||||||
| Adjusted minus statutory PBT | — | — | — | — | — | — | — | |||||
| Basic EPS | ||||||||||||
| Diluted EPS | ||||||||||||
| Adjusted EPS | ||||||||||||
| Dividend per share | — |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
11 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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Meter point / customer growth
Supply meter points up 49% to 131k (2024: 88k); gross meter adds 65.6k, +45%
page 2Forward contracted revenue book
Aggregate contracted revenue £1.4bn (+40%), of which £668m contracted for FY26 delivery
page 13Commodity price normalisation and increased competition
Gross margin decreased to 14.3% (2024: 14.5%) as industry and commodity costs continued to stabilise, increasing competitive pressure on margin
page 24Digital by Default operating leverage
General overheads decreased to 4.4% of revenue (2024: 4.9%) as digital investment reduced cost-to-serve while revenue scaled
page 24Management targets in 2026: over 175k meter points under contract and over 60k smart meter assets owned; contract book growth to over £1.75bn by 31 December 2026; revenue in a range of £850m-£875m; adjusted EBITDA and PBT in line with 2025, with growth of underlying profitability tempered by overhead investment.
page 2On 13 February 2026 the Company issued 195,926 new ordinary shares and transferred 113,242 treasury shares to settle employee share option exercises
page 110Progressive dividend policy; total FY25 dividend of 67p per share (2024: 60p), up 12%, comprising a 22p interim (paid) and a recommended 45p final dividend (2024: 41p); policy targets dividend cover trending towards 3x adjusted diluted EPS in the short-to-medium term
page 24Unqualified ('true and fair') audit opinion issued by RSM UK Audit LLP (Andrew Williams, Senior Statutory Auditor); two key audit matters identified - revenue recognition and valuation of trade receivables. Auditor concluded the going concern basis is appropriate, with no material uncertainties identified over at least the next 12 months from authorisation.
page 66- Cyber and data security (new principal risk in 2025) - reliance on technology and third parties exposes the Group to ransomware, phishing, DDoS and other cyber threats amid a heightened UK threat environmentp.39
- Customer credit and delayed receivables (risk increased in 2025) - rapid revenue growth and macroeconomic pressures increase bad debt and working capital exposurep.40
- Commodity hedging and price volatility - exposure to gas/electricity price volatility if hedging or pricing mechanisms are inadequatep.40
- Large-scale change management (new principal risk in 2025) - complex technology, process and third-party change programmes carry execution and margin riskp.41
Read from C001441-AR-2025-ch.
10 annual reports read, FY2016 to FY2025
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (10)
FY2026Next report expected 25 Mar 2027