Global Quarterly Performance Reports
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January to March 2024 Q1 Report
This report covers RICS’ performance from January to March 2024.
This is the first quarter in which we are delivering the new RICS strategy, launched at the end of 2023. We are already developing our offer for members, with more than 100 events delivered this quarter. At least 400 more are already planned for this year, half of those for our Matrics members.
Our key numbers
Candidates and Designations
448
new professionals awarded RICS designations
326
professional assessments
1954
new candidate enrolments
Member engagement and support
+15
CPD webinars held, with 1,568 members attending
54
free F2F events with 2,462 members attending in over 23 countries
Training and Conferences
41,574
registrations across our portfolio
12,723
viewers for digital seminars and CPD
World Built Environment Forum
17,307
unique visitors to our content
Key Highlights
Leading the way
In March, RICS was proud to be part of the inaugural Buildings and Climate Global Forum (BCGF) in Paris from 5–8 March 2024.
Financial update
Our first quarter operating results of £867,000 are above budgeted expectations of £489,000 despite continued pressures on our commercial margins, which we are actively addressing. Strong performances on our 2024 subscriptions collections, coupled with Q1 savings on our operating and project costs have contributed significantly to this result. The savings on projects are expected to reverse through the remainder of the year, as we put in place our plans to deliver on our strategic priorities.
Q1 results are also £143,000 above last year's. This is largely due to people savings that were initiated during Q4 2023 and improved returns on our cash balances. This is offset by reduced overall revenues year on year.
Overview
The global quarterly performance reports are intended to give both employees and professionals a high-level overview of the organisation's operational performance at the end of each quarter.
For over a century and a half, our Charter has driven the surveying profession’s ultimate purpose to advance positive outcomes for the benefit of society. With our new vision for a sustainable, resilient, and inclusive natural and built environment, our strategy sets out the strategic goals that we will prioritise for the coming years. You can read more about it here.
Lead and influence on sustainability
Recognised by members and stakeholders as a global leader on decarbonisation, climate resilience, biodiversity and circular economy.
Attract a diverse next generation
Individuals from all backgrounds can seek and be able to attain membership of the profession.
Enhance member value and engagement
The professional body of choice for those working in the natural and built environment.
Strengthen trust in the profession
Regulate effectively to the public advantage.
Global Quartely Performance Reports
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