Keystone Law Group (LON: KEYS), the AIM listed technology enabled platform law firm, has reported full year revenue and adjusted profit before tax marginally ahead of market expectations for the financial year ended 31 January 2026.
The company had been tracking against consensus forecasts of £108.9 million in revenue and £14.4 million in adjusted profit before tax, and delivered ahead of both measures.
Actual results filed alongside the trading update showed revenue of £115.15 million, up from £97.70 million in the prior year, while earnings per share rose to 34.3 pence from 26.6 pence on a statutory basis.
Net income for the period advanced to £11.05 million from £8.54 million the year before, reflecting what the company described as buoyant trading conditions driven by sustained client demand throughout the period.
Revenue per Principal lawyer increased by just under 10 percent compared to FY 2025, indicating that existing fee earners generated more work per head alongside a meaningful expansion in headcount.
Total fee earners grew by 13.5 percent to 654 during the year, driven by the recruitment of 61 new Principals and a net increase of 36 Pod members, the firm’s secondary tier of qualified lawyers.
The number of Principals in the Business rose 7.7 percent to 491, while the broader fee earner base including Pod members grew 35.8 percent to 163.
Chief executive James Knight said he was delighted with the outcome, describing it as an impressive performance that reflected the broad appeal of Keystone’s brand and its ongoing ability to recruit and retain successful lawyers.
Knight added that Keystone’s position as a leading technology enabled platform law firm, combined with its proposition to both lawyers and clients, reinforced confidence in the group’s ability to deliver sustainable long term growth.
A retail investor presentation was scheduled for 30 April 2026 via the Investor Meet Company platform, with director share purchases also disclosed by chairman Robin Williams and two non executive directors on 29 April.