Financial services companies contribute significantly to increased sales, reaching a new high, according to Ordnance Survey.
Ordnance Survey, the National Mapping Authority of the UK, has once again proven its resilience and innovation by posting a record revenue of £194.5 million for the financial year ending on 31st March 2025. This marks an increase from the previous year's £186.8 million, despite a challenging economic backdrop.
The growth can be attributed to a significant rise in revenue from direct licences, which increased from £128.4 million to £131.9 million, and partner licences, which grew from £34.6 million to £37.9 million. However, Ordnance Survey's revenue from paper maps decreased slightly, from £7.9 million to £7.4 million, while the revenue from Ordnance Survey maps increased from £9.5 million to £11.6 million.
Ordnance Survey's CEO, Nick Bolton, emphasized the organization's role in providing crucial geospatial data that is used 42 times a day by every UK adult. The data underpins critical services from emergency response to infrastructure planning and financial risk assessment. It offers detailed information on floodplains, building footprints, building material, number of floors, roof types, and proximity to critical infrastructure.
In the financial year under review, Ordnance Survey continued to innovate, focusing on enhancing and connecting datasets to unlock deeper insights, supporting housing growth, and strengthening environmental resilience. This has contributed to the increasing demand for trusted location data across both public and private sectors, driving economic opportunity.
However, Ordnance Survey faces competition from private mapping companies and geospatial data providers. The specific contemporary competitors and detailed data on the development of direct license sales and partner licenses in recent years were not found in the search results. In an upcoming episode of Boardroom Uncovered, Nick Bolton will discuss the competition and the challenges of leading a government-owned business.
The pre-tax profit for the latest financial year was £17.6 million, a decrease from the previous year's £22 million. Ordnance Survey is headquartered in Southampton.
In September, Nick Bolton will appear on an episode of City AM's Boardroom Uncovered interview series, providing further insights into the organisation's strategies and future plans. With Ordnance Survey now in a strong position to deliver even greater geospatial insight, it continues to play a vital role in building stronger communities and driving economic opportunity in the UK.
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