Future reveals it is still heavily reliant on Google as profit falls 67%
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2 Articles
Future reveals it is still heavily reliant on Google as profit falls 67%
At least 60% of Future plc revenue still comes from brands that rely on Google as a major source of website traffic. Future revealed the scale of its continued reliance on Google as it published its half-year results for the six months to 31 March on Thursday. Revenue was down 8% year on year to £349.1m for the period while profit before tax was down 67% to £18.4m. Operating profit was down 53% to £32.7m and operating profit margin dropped from …
Future plc profits fall off cliff
Future plc has reported a startling drop in profits in its half-year results as revenue also fell. The Bath-headquartered media firm said for the six months ended 31st March 2026, group revenue was £349.1 million, down 8% on the corresponding period a year earlier. Profit before tax dropped 67% from £56.6m to £18.4m. The FTSE-listed owner of titles spanning tech, gaming, homes and lifestyle – which owns TechRadar – promoted former CTO Kevin Li …
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