Isio more than doubles revenue and EBITDA in the 4 years since first results announcement

Challenger brand celebrates fifth birthday and embarks on next phase of success,

31 March 2025: Isio has today announced results for the year to 30 September 2024. Consolidated Group revenue was £170m, a 26% increase on Isio’s previous financial year as we continue to grow organically and include a full year of revenue from acquisitions. 

Highlights include:

• Group revenue of £170m and EBITDA of £45m
• Reported revenue growth of 26% from £135m to £170m
• Reported EBITDA growth of 31% from £34m to £45m
• Compound average revenue growth rate of 24% in the 4 years from Isio’s first results in 2020 to the most recent in 2024

The results are released as Isio celebrates its fifth birthday in March 2025. The challenger pensions, investments and employee benefits advisor launched as the UK went into its first lockdown in 2020. Five years on, having enjoyed immense success, Isio has more than doubled its revenue, profit and headcount.

Today Isio employs more than 1,200 people across 10 UK offices. It has grown rapidly both organically and through acquisitions, with the additions of Premier Pensions Management in 2022 and Deloitte’s pensions business in 2023, delivering diversification and scale. More recently Isio has announced the completion of the acquisition of K3 Advisory Limited in February 2025.

Key to Isio’s success has been its ability to challenge the status quo in pensions, benefits and investment advisory.  Its independence has enabled it to disrupt traditional providers with a bold and innovative approach, creating an entrepreneurial culture where its teams are empowered to deliver new ideas and solutions to the challenges its clients face.

Subsequent to the 30 September 2024 year end, Isio has received new investment from Aquiline Capital Partners LP (“Aquiline”), a private investment specialist in financial services and technology, to support the next phase of its growth. Aquiline has deep experience in the global retirement and wealth management services sectors and will support Isio to continue its ambitious growth trajectory with a focus on delivering value for clients through innovation.

Andrew Coles, Chief Executive of Isio, said: “We are five years into a strong growth journey. Launching on the eve of the pandemic we had to learn to adapt fast and I’m pleased to say we met that challenge and every challenge since.

“We have always been determined to do things differently and that approach has yielded great success, of which these results are just the latest evidence. As we grow, we continue to diversify, serving new clients and markets. I would like to thank all Isio colleagues and clients for joining us on our growth journey and look forward to working closely with Aquiline to build on this success for the future.”