The AIM-listed property lender reported a 32% rise in revenue and swung to profit in 2025 as its UK and Irish businesses scaled rapidly
Shares in Sancus Lending Group, the AIM-listed specialist property lender, surged 138% to 1.9p on Thursday after the company reported a return to meaningful profitability and a near-doubling of new loan origination in 2025.
Revenue rose 32% to £22.1 million for the year ended 31 December 2025, while profit before tax climbed to £1.2 million from £0.1 million in 2024.
The group originated £212.5 million of new lending facilities during the year, a 96% increase on the prior year, and finished 2025 with £306.7 million of loans under management, up 29%.
The UK business increased assets under management by 49% to £125.4 million, while the Irish loan book expanded 76% to £84.3 million.
The profit figure was supported by £2.6 million in gains from the buyback of Zero Dividend Preference shares, a financial instrument the company has been unwinding to simplify its capital structure.
Alongside the results, Sancus announced that Somerston Fintech, its largest shareholder, had subscribed for a further £750,000 of the group's existing bond instrument and agreed amendments to preference shares in its subsidiary Sancus Loans Limited, extending their redemption date from November 2026 to February 2031.
Chief executive Rory Mepham said the group had entered 2026 with "increasing confidence" in its ability to deliver sustainable profitability, with revenues in January and February already 30% ahead of the same period last year.