New Risk • Jun 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Significant insider selling over the past 3 months (€112k sold). Reported Earnings • May 20
First quarter 2026 earnings released: US$0.49 loss per share (vs US$0.63 loss in 1Q 2025) First quarter 2026 results: US$0.49 loss per share. Revenue: US$50.1m (up 28% from 1Q 2025). Net loss: US$11.5m (loss widened 8.3% from 1Q 2025). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Professional Services industry in Europe. Annuncio • May 14
Public Policy Holding Company, Inc. Provides Earnings Guidance for 2026 Public Policy Holding Company, Inc. provided earnings guidance for 2026. For 2026, the company anticipates reported revenue in the range between $205 million and $209 million. Annuncio • Apr 28
Public Policy Holding Company, Inc. to Report Q1, 2026 Results on May 12, 2026 Public Policy Holding Company, Inc. announced that they will report Q1, 2026 results After-Market on May 12, 2026 Annuncio • Apr 21
Public Policy Holding Company, Inc., Annual General Meeting, May 12, 2026 Public Policy Holding Company, Inc., Annual General Meeting, May 12, 2026. Location: at 535 madison avenue, floor 10, new york, ny 10022 United States Annuncio • Mar 23
Public Policy Holding Company, Inc. Appoints Matthew Mazzanti as Chief Administrative Officer, Effective March 20, 2026 Public Policy Holding Company, Inc. announces the appointment of Matthew Mazzanti as Chief Administrative Officer (CAO), effective March 20, 2026. Matthew is promoted from his current position, where he has led the Group's corporate communications and investor relations functions and supported corporate development activities. He has played a central role in a broad range of PPHC initiatives, including providing support to the senior leadership team and member firm leadership. As CAO, Matthew will continue to report directly to Stewart Hall, Chief Executive Officer. He will maintain his existing responsibilities while taking on broader responsibility for supporting the execution of the Company's strategic priorities, strengthening coordination throughout the holding company, and driving operational efficiency across the platform. Matthew joined Crossroads Strategies, one of the Group's founding member firms, seven years ago before progressing to a cross-functional position with PPHC. He was involved in the Company's AIM IPO in 2021 and played a key role in the recent listing on the Nasdaq Global Market. The position of Chief Administrative Officer has been vacant since the retirement of Bill Chess in July 2024. Annuncio • Mar 05
Public Policy Holding Company, Inc. to Report Q4, 2025 Results on Mar 23, 2026 Public Policy Holding Company, Inc. announced that they will report Q4, 2025 results After-Market on Mar 23, 2026 Annuncio • Jan 28
Public Policy Holding Company, Inc. has completed a Follow-on Equity Offering in the amount of $50.8375 million. Public Policy Holding Company, Inc. has completed a Follow-on Equity Offering in the amount of $50.8375 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 4,150,000
Price\Range: $12.25
Discount Per Security: $0.8
Transaction Features: New Market Listing Annuncio • Oct 11
Public Policy Holding Company, Inc. has filed a Follow-on Equity Offering in the amount of $60 million. Public Policy Holding Company, Inc. has filed a Follow-on Equity Offering in the amount of $60 million.
Security Name: Common Stock
Security Type: Common Stock Annuncio • Apr 25
Public Policy Holding Company, Inc., Annual General Meeting, May 15, 2025 Public Policy Holding Company, Inc., Annual General Meeting, May 15, 2025. Location: the offices of burson buchanan, 107 cheapside, ec2v 6dn, london United Kingdom Annuncio • Apr 01
Public Policy Holding Company, Inc. (AIM:PPHC) completed the acquisition of Trailrunner International LLC. Public Policy Holding Company, Inc. (AIM:PPHC) has entered into a binding agreement to acquire Trailrunner International LLC for $33 million on January 24, 2025. The initial consideration of $33 million consists of $28.05 million cash, and issuance of 2.97 million shares of Public Policy Holding Company to Mr. Jim Wilkinson and certain key employees which will be subject to a vesting period and certain restrictive covenants. In addition to the initial consideration, three future payments could be made with the final payment taking place after the end of 2029. The initial future payment will be paid 15% PPHC shares and 85% cash, and the later two future payments will be paid 50% in PPHC shares and 50% in cash. In order to support the financing of the initial cash element of the acquisition, the Public Policy Holding Company entered into a Supplemental Credit Facility with Bank of America of $24 million.
Trailrunner International has approximately 80 employees. Completion of the acquisition is subject to certain conditions which the management of Public Policy Holding Company expects the deal to close by April 1, 2025. On completion, the acquisition is anticipated to be immediately accretive to the Public Policy Holding Company's underlying earnings. GP Bullhound Inc. acted as financial advisor for Trailrunner International.
Public Policy Holding Company, Inc. (AIM:PPHC) completed the acquisition of Trailrunner International LLC on April 1, 2025. Annuncio • Mar 12
Public Policy Holding Company, Inc. Declares Final Dividend for the Year Ended 31 December 2024, Payable No Later Than 23 May 2025 Public Policy Holding Company, Inc. Board of Directors of the Company has declared a total dividend for the year ended 31 December 2024 of $0.094 per Common Share, which equates to an aggregate amount, based on the anticipated number of outstanding Common Shares, of approximately $11.4 million. Because $0.047 per Common Share was paid as interim dividend in October 2024, a final dividend of $0.047 per Common Share remains payable to the holders of record of all the issued and outstanding shares of the Company's Common Stock as of the close of business on the record date, 25 April 2025. The ex-dividend date is 24 April 2025. The final dividend will be paid no later than 23 May 2025. Annuncio • Mar 06
Public Policy Holding Company, Inc. to Report Q4, 2024 Results on Mar 12, 2025 Public Policy Holding Company, Inc. announced that they will report Q4, 2024 results on Mar 12, 2025 Annuncio • Jan 28
Public Policy Holding Company, Inc. (AIM:PPHC) agreed to acquire Trailrunner International for $33 million. Public Policy Holding Company, Inc. (AIM:PPHC) has entered into a binding agreement to acquire Trailrunner International for $33 million on January 24, 2025. The initial consideration contains a cash consideration of $28.05 million and also consists of common equity of Public Policy Holding Company, Inc. having a value of $4.95 million to be issued for common equity of Trailrunner International. Shares issued to Jim Wilkinson and certain key employees of Trailrunner International will be subject to a vesting period and all such share recipients will additionally be subject to certain restrictive covenants, in addition to the initial consideration, three future payments could be made with the final payment taking place after the end of 2029. The size of these payments is contingent on TrailRunner's profit growth for the period from 2025 through 2029. The initial future payment will be paid 15% PPHC shares and 85% cash, and the later two future payments will be paid 50% in PPHC shares and 50% in cash. Completion of the Acquisition is subject to certain conditions which the management of Public Policy Holding Company, Inc. (AIM:PPHC) expects the deal to close by 1 April 2025.
GP Bullhound Inc. acted as financial advisor for Trailrunner International. Annuncio • Jan 16
Public Policy Holding Company, Inc. Announces Appointment of John Green as Chief Client Officer Public Policy Holding Company, Inc. announced the appointment of John Green as Chief Client Officer. This pivotal role underscores PPHC's commitment to maximising cross-firm collaboration and delivering unparalleled outcomes for its clients. Having completed four significant acquisitions since its IPO, and now with ten operating companies and over 1,200 clients based globally, John's appointment will accelerate the Group's cross-referral program, fostering deeper integration and synergy and enhancing organic revenue growth. With a focus on business development and execution, John will work to unlock new opportunities by leveraging the unique capabilities of each firm, ensuring clients benefit from the full breadth of PPHC's expertise. John brings over two decades of experience as a trusted advocate in the federal policy space. In addition to his new role, he will continue to serve as Chairman of Crossroads Strategies. Before joining Crossroads, John co-founded Federalist Group, LLC. His track record reflects a deep understanding of the industry and a proven ability to drive growth and client success. Reported Earnings • Sep 22
First half 2024 earnings released: US$0.091 loss per share (vs US$0.032 loss in 1H 2023) First half 2024 results: US$0.091 loss per share (further deteriorated from US$0.032 loss in 1H 2023). Revenue: US$71.1m (up 8.2% from 1H 2023). Net loss: US$10.1m (loss widened 188% from 1H 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Declared Dividend • Sep 20
First half dividend of US$0.047 announced Shareholders will receive a dividend of US$0.047. Ex-date: 26th September 2024 Payment date: 25th October 2024 Dividend yield will be 9.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (80% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. Annuncio • Sep 19
Public Policy Holding Company, Inc. Announces Interim Dividend for 2024, Payable No Later Than 25 October 2024 The Board of Directors of Public Policy Holding Company, Inc. has declared an Interim Dividend for 2024 of $0.047 per Common Share, which equates to an aggregate amount, based on the current number of outstanding Common Shares, of approximately $5.6 million, payable to the holders of record of all of the issued and outstanding shares of the Company's Common Stock as of the close of business on the record date, 27 September 2024. The ex-dividend date is 26 September 2024. The dividend will be paid no later than 25 October 2024. Annuncio • Sep 10
Public Policy Holding Company, Inc. to Report First Half, 2024 Results on Sep 18, 2024 Public Policy Holding Company, Inc. announced that they will report first half, 2024 results on Sep 18, 2024 Annuncio • Jul 01
Public Policy Holding Company, Inc. Announces Retirement of William (Bill) Chess as Chief Administrative Officer Public Policy Holding Company, Inc. announced that William (Bill) Chess has made the decision to retire from his full-time executive career and, therefore, as Chief Administrative Officer of the Group. He will remain on the Board as a Non-Executive Director and in an advisory capacity as a strategic consultant, with Group executives continuing to draw on his experience as a Group co-founder and its Chief Financial Officer from 2014 to July 2023. Annuncio • Jun 08
Public Policy Holding Company, Inc. (AIM:PPHC) acquired Pagefield Communications for £16.2 million. Public Policy Holding Company, Inc. (AIM:PPHC) acquired Pagefield Communications for £22.5 million on June 7, 2024. The initial consideration of £16.2 million has been funded by £15.1 million paid in cash and the balance of £1.1 million being satisfied by the issuance of 897,640 New Common Shares of Shares issued to the shareholders of Pagefield will be subject to a four-year lock-in period and the Sellers will additionally be subject to certain restrictive covenants. Certain additional payments may be made to the Sellers to the extent that Pagefield benefits from some specified tax relief and other benefits. In addition to the initial consideration, a further earnout payment could be made after the end of 2025, capped at £6.3 million, contingent on Pagefield achieving average profit after tax for the two years ended 31 December 2025 above an agreed hurdle. Any payment, would be satisfied through a mix of 65.4% paid in cash and 34.6% through the issue of equity. These incentive programmes will reward these participants based on the growth in profit after tax for the five years to 31 December 2028. Any payments under such programmed will be payable in 2029 up to a maximum of £7.5 million and will be paid 60% in cash and 40% in equity. The Acquisition is accretive to underlying earnings per share. In order to support with the financing of the initial cash element of the Acquisition, the Group announces it has expanded the Senior Secured Supplemental Credit Facility with Bank of America €5.5 million had been deployed for the recent acquisition of Lucas Public Affairs.Taking into account these three payments, the maximum aggregate consideration that could be payable would be £30 million. Unaudited net assets of Pagefield at completion amount to approximately £0 million. This maximum would only be payable in the event that Pagefield were to achieve significant growth in profit after tax. As a wholly-owned subsidiary of PPHC, Pagefield will retain its distinct brand identity and its long-standing executive, senior management team and employees. Fred Walsh, Ben Good from Oriel Securities Limited and George Moore-Gywn, Josh Rodgers from The Capital Solutions Group, LLC act as financial advisor for Public Policy Holding Company, Inc. (AIM:PPHC).
Public Policy Holding Company, Inc. (AIM:PPHC) completed the acquisition of Pagefield Communications on June 7, 2024. Annuncio • May 02
Public Policy Holding Company, Inc. (AIM:PPHC) acquired Lucas Public Affairs. Public Policy Holding Company, Inc. (AIM:PPHC) acquired Lucas Public Affairs on May 1, 2024. The initial consideration of $7.5 million was funded 80% ($6.0 million) in cash and 20% ($1.5 million) through the issue of 958,371 new common shares in PPHC to the owners of LPA. Further earnout payments are contingent on LPA achieving an agreed level of profit growth between 2024 and 2028, promoting alignment with the Group's broader growth objectives. The Group has separately announced today that it has entered into a $13.0 million credit facility from Bank of America, of which $6.0 million has been deployed to fund the cash element of the initial consideration. For the year ended December 31, 2023, LPA recorded (unaudited) net revenues of $6.5 million. The Acquisition is immediately accretive to the Group's underlying earnings. Fred Walsh and Tom Marsh of Stifel Financial Corp acted as financial advisor to Public Policy Holding Company.
Public Policy Holding Company, Inc. (AIM:PPHC) completed the acquisition of Lucas Public Affairs on May 1, 2024. Annuncio • Apr 24
Public Policy Holding Company, Inc., Annual General Meeting, May 09, 2024 Public Policy Holding Company, Inc., Annual General Meeting, May 09, 2024, at 09:00 Coordinated Universal Time. Location: Buchanan Communications Ltd., 107 Cheapside, - London United Kingdom Upcoming Dividend • Apr 18
Upcoming dividend of US$0.097 per share Eligible shareholders must have bought the stock before 25 April 2024. Payment date: 24 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.4%). Declared Dividend • Mar 15
Final dividend of US$0.097 announced Shareholders will receive a dividend of US$0.097. Ex-date: 25th April 2024 Payment date: 24th May 2024 Dividend yield will be 11%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (77% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. Annuncio • Mar 15
Public Policy Holding Company, Inc. Declares Final Dividend for 2023, Payable No Later Than 24 May, 2024 The Board of Directors of Public Policy Holding Company, Inc. have declared a final dividend for 2023 of $0.097 per Common Share, which equates to an aggregate amount, based on the current number of outstanding Common Shares, of approximately $11.2 million, payable to the holders of record of all of the issued and outstanding shares of the Company's Common Stock as of the close of business on the record date, 26 April 2024. The ex-dividend date is 25 April, 2024. The dividend will be paid no later than 24 May, 2024. Reported Earnings • Mar 14
Full year 2023 earnings released: US$0.13 loss per share (vs US$0.14 loss in FY 2022) Full year 2023 results: US$0.13 loss per share (improved from US$0.14 loss in FY 2022). Revenue: US$135.0m (up 24% from FY 2022). Net loss: US$14.2m (loss narrowed 5.1% from FY 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Professional Services industry in Europe. Annuncio • Mar 05
Public Policy Holding Company, Inc. to Report Q4, 2023 Results on Mar 13, 2024 Public Policy Holding Company, Inc. announced that they will report Q4, 2023 results on Mar 13, 2024 Annuncio • Dec 15
Public Policy Holding Company, Inc. Appoints Keenan Austin Reed as an Executive Director Public Policy Holding Company, Inc. announced the appointment of Keenan Austin Reed to the Board as an Executive Director with immediate effect. Ms Austin Reed is a Principal at Alpine Group, a top 20 Washington-based lobbying firm and one of PPHC's eight operating companies. She joined Alpine Group in 2021 and is responsible for advocacy across a broad range of policy areas, including contributing to initiatives led by the Congressional Black Caucus, the House Committee on Energy and Commerce and the Biden Administration, where she has deployed expertise in campaigns, media, energy, climate, health, technology and telecommunications. Ms Austin Reed was recently named Lobbyist of the Year (2023) by the Washington Government Relations Group and is Founder and Chair of Black Women Leading, a non-profit group that supports the empowerment of black women in public service, notably the Black Women's Congressional Alliance. She has served in a number of policy and political roles, including as Chief of Staff to Congressman Donald McEachin (2017-2020), Florida Political Director to Secretary Hillary Clinton (2016), Chief of Staff to the Council of the District of Columbia Councilmember David Grosso (2015-2016) and Deputy Chief of Staff/Senior Advisor to Florida Congresswoman Frederica Wilson (2011-2015). In addition to her executive responsibilities, Ms Austin Reed holds various directorships and leadership roles including Advisory Council Chair at GlobalWIN, Vice Chair of the Women's Congressional Policy Institute, a member of the Congressional Black Caucus Foundation's Corporate Advisory Board and Vice Chair of So Others Might Eat's Corporate Advisory Board. Recent Insider Transactions • Nov 04
Board Member recently bought €55k worth of stock On the 31st of October, William Chess bought around 42k shares on-market at roughly €1.31 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €231k more in shares than they have sold in the last 12 months. Board Change • Sep 17
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Chair Simon Philip Lee was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 28
Deputy Chief Finance Officer recently bought €85k worth of stock On the 25th of April, Roel Smits bought around 55k shares on-market at roughly €1.55 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €337k more in shares than they have sold in the last 12 months. Upcoming Dividend • Apr 27
Upcoming dividend of US$0.095 per share at 11% yield Eligible shareholders must have bought the stock before 04 May 2023. Payment date: 02 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 11%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.7%). Reported Earnings • Apr 24
Full year 2022 earnings released: US$0.14 loss per share (vs US$0.24 loss in FY 2021) Full year 2022 results: US$0.14 loss per share (improved from US$0.24 loss in FY 2021). Revenue: US$108.8m (up 9.5% from FY 2021). Net loss: US$15.0m (loss narrowed 38% from FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Annuncio • Oct 05
Public Policy Holding Company, Inc. (AIM:PPHC) agreed to acquire KP Public Affairs for $35 million. Public Policy Holding Company, Inc. (AIM:PPHC) agreed to acquire KP Public Affairs for $35 million on October 3, 2022. Public Policy Holding Company paying initial consideration of $11.4 million which consist of 90% of cash and 10% of stock. KP Public Affairs getting $10.3 million cash and 739,589 shares of Public Policy Holding Company, Inc. After the completion of this transaction KP will continue operating under its existing brand and with its longstanding and incentivised management team and staff, as a wholly owned subsidiary of PPHC. The initial cash consideration of $10.3 million was funded from PPHC's existing cash sources. Future payments are capped at a maximum total aggregate consideration of $35.0 million and that will be depend on the growth in profit contribution of KP to the Group for the period to 31 December 2026 and these future payments will be split in cash and shares in accordance with pre-agreed parameters. Reported Earnings • Sep 23
First half 2022 earnings released: US$0.054 loss per share (vs US$0 in 1H 2021) First half 2022 results: US$0.054 loss per share (further deteriorated from US$0 in 1H 2021). Revenue: US$51.7m (up 9.6% from 1H 2021). Net loss: US$5.84m (loss widened US$5.73m from 1H 2021). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Europe. Annuncio • May 27
Public Policy Holding Company, Inc. Appoints Roel Smits as Deputy Chief Finance Officer Public Policy Holding Company, Inc. appointed Roel Smits as Deputy Chief Finance Officer, with immediate effect. Roel joins PPHC from Kantar, the insights and analytics company co-owned by WPP and Bain Capital, where he performed multiple CFO roles for almost twelve years, most recently CFO of Kantar Americas. He also spent six years as Senior Vice President of Corporate Development at WPP, as well as eight years in private equity with HAL Investments. Roel has extensive experience inM&A and financial leadership, having received his Masters in Finance from London Business School as well as studying at Michigan State University and Erasmus University, Rotterdam. Roel will take a lead role in PPHC's existing finance function and provide further capabilities to help drive the Group's M&A efforts. Reported Earnings • May 14
Full year 2021 earnings released Full year 2021 results: US$0.24 loss per share. Revenue: US$99.3m (up 28% from FY 2020). Net loss: US$24.3m (loss widened US$23.1m from FY 2020). Over the next year, revenue is forecast to grow 7.5%, compared to a 11% growth forecast for the industry in Germany. Annuncio • May 13
Public Policy Holding Company, Inc. Declares Cash Dividend for the Period from 16 December 2021 to 31 December 2021, Payable on June 20, 2022 The board of directors of Public Policy Holding Company, Inc. declared a cash dividend in relation to the period from 16 December 2021, the date of IPO to 31 December 2021. The dividend is payable to the holders of record of all of the issued and outstanding shares of the company's common stock as of the close of business on the record date, May 20, 2022. The aggregate amount of the dividend is $705,620, which equates to $0.0065 per share of common stock issued and outstanding on the record date. The ex-dividend date is May 19, 2022. The dividend will be paid on June 20, 2022. Annuncio • May 12
Public Policy Holding Company, Inc., Annual General Meeting, Jun 01, 2022 Public Policy Holding Company, Inc., Annual General Meeting, Jun 01, 2022, at 10:00 Coordinated Universal Time. Location: at the offices of Fieldfisher, Riverbank House 2 Swan Lane, London EC4R 3TT England United Kingdom Breakeven Date Change • Apr 27
Forecast to breakeven in 2022 The analyst covering Public Policy Holding Company expects the company to break even for the first time. New forecast suggests the company will make a profit of US$17.9m in 2022. Average annual earnings growth of 46% is required to achieve expected profit on schedule. Breakeven Date Change • Mar 29
Forecast to breakeven in 2022 The analyst covering Public Policy Holding Company expects the company to break even for the first time. New forecast suggests the company will make a profit of US$17.9m in 2022. Average annual earnings growth of 46% is required to achieve expected profit on schedule. 
