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Company price
189.0 GBX 3.30 ( 1.78%)
Last update at 2026-10-27T16:40:00Z
VOLUME
2229623
Market Cap
1774.30M
P/E
184.90

Momentum Score

…

International Workplace Group plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office space, coworking, membership, virtual offices, meeting rooms, and workplace recovery products. It provides its services franchise partners, landlords, and property owners under the Regus, Signature, Spaces, HQ, Basepoint, Stop & Work, The Office Operators, The Clubhouse, BizDojo, Open Office, No18, Central Working, and Copernico brand names. It also operates Home to work, Easy Offices, Worka, Rovva, Meetingo, and Managed Office Solutions. The company was formerly known as IWG plc and changed its name to International Workplace Group plc in May 2024. International Workplace Group plc was founded in 1989 and is headquartered in Zug, Switzerland.

Source: TradingView
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Day Price Range
181.90
Low
190.00
High
52 Week Price Range
163.50
Low
250.80
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

IWG PLC operates a global network of flexible workspaces under brands such as Regus and Spaces, offering serviced offices and coworking through company-run centers and franchise partners. Long-term growth may be supported by structural shifts to hybrid work and rising corporate demand for flexibility, while increased franchising could reduce capital intensity. Investors may find recurring membership revenue and global scale attractive.

Key risks include large lease and property obligations, earnings sensitivity to occupancy and economic cycles, strong competition and execution risk in growing the franchise model.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
185.70
Dividend Yield
0.73%
Revenue TTM
3762.00M
Revenue Per Share
3.73
Gross Profit TTM
1031.00M
Debt / Equity
-24.29
ROE
15.08%
Net Debt
7107.59M
ROCE
1.88%
Diluted EPS TTM
0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 47.99M 53.00M -189.00M -105.00M -259.40M
Minority interest 3.00M 1.00M -1.00M 3.00M 5.60M
Net income 18.38M 20.00M -215.00M -121.00M -269.70M
Selling general administrative 546.00M 587.00M 447.00M 406.00M 294.70M
Selling and marketing expenses - - 15.00M - -
Gross profit 688.14M 1104.00M 589.00M 575.00M 342.10M
Reconciled depreciation 357.00M 1344.00M 1182.00M 1189.00M 1109.40M
Ebit 112.31M 492.00M 160.00M 147.00M -18.50M
Ebitda 476.80M 1836.00M 1342.00M 1374.00M 1090.90M
Depreciation and amortization 364.49M 1344.00M 1182.00M 1227.00M 1109.40M
Operating income 112.31M 510.00M 145.00M 147.00M -18.50M
Other operating expenses 3728.62M 3180.00M 2753.35M 2582.00M 2280.00M
Interest expense 110.27M 64.95M 348.00M 269.00M 207.80M
Tax provision 32.00M 34.00M 27.00M 16.00M 10.30M
Interest income - 10.00M 7.00M 8.00M 3.50M
Net interest income -108.00M -447.00M -334.00M -252.00M -194.50M
Income tax expense 32.67M 34.00M 27.00M 16.00M 10.30M
Total revenue 3840.93M 3690.00M 2958.00M 2751.00M 2227.90M
Total operating expenses 575.83M 594.00M 568.71M 406.00M 394.20M
Cost of revenue 3152.79M 2586.00M 2184.64M 2176.00M 1885.80M
Total other income expense net -64.32M -457.00M -334.00M -252.00M -240.90M
Discontinued operations - - - 1.00M 59.30M
Net income from continuing ops 15.00M 19.00M -216.00M -121.00M -269.70M
Net income applicable to common shares - - - -117.00M -204.80M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2023-06-30 2022-12-31
Total assets 9319.39M 9633.00M 8202.00M - 9081.00M
Intangible assets 156.06M 227.00M 209.00M - 214.00M
Other current assets 316.12M 284.20M 550.00M - 997.00M
Total liab 9624.50M 9490.00M 8117.00M - 8846.00M
Total stockholder equity -305.11M 93.00M 34.00M - 183.00M
Other current liab 1396.51M 1755.00M 1524.00M - 1513.00M
Common stock 12.00M 10.38M 10.00M - 10.00M
Capital stock 12.00M 13.00M 10.00M - 10.00M
Retained earnings -264.10M 128.00M -168.00M - -35.00M
Other liab - - - - 201.00M
Good will 1245.45M 1148.00M 919.00M - 934.00M
Other assets - - - - 502.00M
Cash 304.11M 137.00M 110.00M - 154.00M
Total current liabilities 3345.22M 3563.00M 2747.00M - 3020.00M
Current deferred revenue 334.12M - 433.00M - -
Net debt 7107.59M 6858.00M 5985.00M - 6758.00M
Short term debt 1317.48M 1335.00M 937.00M - 1287.00M
Short long term debt 17.00M 204.00M 13.00M - 285.00M
Short long term debt total 7411.70M 6995.00M 6095.00M - 6912.00M
Other stockholder equity 257.09M 217.00M 135.00M - 208.00M
Property plant equipment - - - - 6234.00M
Total current assets 1276.46M 1339.00M 1062.00M - 1152.00M
Net tangible assets - - - - -965.00M
Short term investments - - 117.00M - -
Net receivables 656.24M 917.00M 401.00M - 395.00M
Long term debt 1069.00M 629.00M 705.00M - 588.00M
Inventory - 0.80M 1.00M - 1.00M
Accounts payable 297.11M 232.00M 243.00M - 220.00M
Accumulated other comprehensive income -310.11M -249.92M 31.00M - -
Non currrent assets other 147.05M 1398.38M 234.00M - 197.00M
Non current assets total 8042.93M 8294.00M 7140.00M - 7929.00M
Capital lease obligations 6322.00M 6162.00M 5377.00M - 6039.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -183.00M -163.00M -538.00M -0.30M
Change to liabilities - - - 191.00M -38.50M
Total cashflows from investing activities -221.55M -183.00M -193.07M -538.00M 61.90M
Net borrowings 138.00M -48.00M -206.00M -611.00M -828.40M
Total cash from financing activities 4.08M -1125.00M -172.96M -532.00M -791.70M
Change to operating activities - - - 19.00M 19.70M
Net income 18.38M 15.65M -215.00M -121.00M -265.70M
Change in cash 148.33M 7.00M -55.89M 83.00M 6.80M
Begin period cash flow 155.78M 141.00M 161.00M 78.00M 71.00M
End period cash flow 304.11M 148.00M 110.00M 161.00M 77.80M
Total cash from operating activities 371.64M 1329.00M 320.98M 1147.00M 734.80M
Issuance of capital stock 15.00M 0.00M 0.00M 0.00M 0.80M
Depreciation 364.49M 1344.00M 1182.00M 1189.00M 1109.40M
Other cashflows from investing activities 6.13M -36.09M -85.07M 8.00M 304.80M
Dividends paid 14.29M 17.00M - - -
Change to inventory - - -22.00M - -
Change to account receivables 248.10M -22.00M -19.00M -97.00M -127.30M
Sale purchase of stock -132.73M 0.00M -1.00M -5.00M 0.00M
Other cashflows from financing activities - -1060.00M -7.96M 427.00M 154.20M
Change to netincome - - - -38.00M -8.60M
Capital expenditures 199.09M 237.00M 215.00M 282.00M 255.50M
Change in working capital -1407.93M -24.00M 125.00M 94.00M -165.80M
Stock based compensation 6.00M 2.00M 8.00M 4.00M 5.80M
Other non cash items 1405.89M -8.65M -779.02M -19.00M 158.00M
Free cash flow 172.55M 1092.00M 983.00M 865.00M 479.30M

Peer Comparison*

Sector: Real Estate Industry: Real Estate Services

Stock Name
Change
(GBX)
Price
(GBX)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
IWG
IWG PLC
3.30
1.78%
189.00 184.90 12.17 0.47 29.39 2.50 19.27
SRE
Sirius Real Estate Limited
1.60
1.68%
97.00 8.27 12.77 4.80 1.01 8.63 11.67
GRI
Grainger PLC
1.20
0.67%
180.90 6.31 20.33 4.79 0.60 10.55 18.77
SVS
Savills
10.00
0.95%
1062.00 16.69 9.62 0.44 1.50 0.49 5.45
GWI
Globalworth REIT
-0.06
3.55%
1.63 0.56 12.18 2.07 0.34 25.48 -

Profile*

IWG PLC

International Workplace Group plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office space, coworking, membership, virtual offices, meeting rooms, and workplace recovery products. It provides its services franchise partners, landlords, and property owners under the Regus, Signature, Spaces, HQ, Basepoint, Stop & Work, The Office Operators, The Clubhouse, BizDojo, Open Office, No18, Central Working, and Copernico brand names. It also operates Home to work, Easy Offices, Worka, Rovva, Meetingo, and Managed Office Solutions. The company was formerly known as IWG plc and changed its name to International Workplace Group plc in May 2024. International Workplace Group plc was founded in 1989 and is headquartered in Zug, Switzerland.

Baarerstrasse 52, Zug, Switzerland, CH-6300

91 22 6786 9389

10000

Name Title Year Born
Mr. Mark Dixon Founder, CEO & Exec. Director 1959
Mr. Charlie Steel Chief Financial Officer 1985
Mr. Wayne Gerry Group Investor Relations Director NA
Simon Condon Group Head of Communications NA
Samir Amad Exec. VP of Latin America NA
Mr. Pelle Persson Head of Devel. in Nordics NA
Mr. Guillermo E. Rotman Pres of the Regus Group Americas NA
Mr. Timothy Sean James Donovan Regan BEc, FCA, FAPI, MAICD Company Sec. 1966
Mr. Filippo Sarti Chief Exec. Officer of Middle East & Africa NA
Mr. Paulo Dias Chief Exec. Officer of Europe, Middle East & Africa NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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