- Price
- 60.00p
- Market cap
- £425m
- 1M
- -16.8%
- 3M
- -24.9%
- 1Y
- -0.5%
- P/E (trailing)
- —
- Dividend yield
- —
“The reduction in revenue outturn, together with targeted investments through the second half will mean margins are more subdued than market expectations, and in line with the first half Adjusted EBITDA margin. Therefore, we expect Adjusted EBITDA for FY26 to be below market expectations.”
adjusted EBITDA
“Accordingly, against the backdrop of some macro-economic challenges and foreign currency headwinds, we continue to expect to deliver low single-digit underlying revenue growth for FY25, in line with the market consensus.”
underlying revenue growth
“In FY24 we have delivered steady revenue growth of 5% to £286m, within the range of market expectations (2023: £273m), which represents 4% growth on an underlying basis.”
underlying revenue
“Adjusted EBITDA is also expected to be within the range of market expectations, representing growth of c.6% ahead of FY23 with a sustained margin of c.41% following our continued planned investment in the Growth Transformation Plan (2023: 41%).”
adjusted EBITDA margin · stated consensus 41%
Last 24 months of trading updates, one verdict per announcement (the headline profit measure first). Companies report these themselves and lean positive, so compare against peers: the same tag-based peer group as the Overview, counting peers with at least 2 updates and needing at least 3. Verdicts are machine-extracted; where the quoted wording clearly says otherwise, the wording is used.
“The reduction in revenue outturn, together with targeted investments through the second half will mean margins are more subdued than market expectations, and in line with the first half Adjusted EBITDA margin. Therefore, we expect Adjusted EBITDA for FY26 to be below market expectations.”
adjusted EBITDA
“Accordingly, against the backdrop of some macro-economic challenges and foreign currency headwinds, we continue to expect to deliver low single-digit underlying revenue growth for FY25, in line with the market consensus.”
underlying revenue growth
“In FY24 we have delivered steady revenue growth of 5% to £286m, within the range of market expectations (2023: £273m), which represents 4% growth on an underlying basis.”
underlying revenue
“Adjusted EBITDA is also expected to be within the range of market expectations, representing growth of c.6% ahead of FY23 with a sustained margin of c.41% following our continued planned investment in the Growth Transformation Plan (2023: 41%).”
adjusted EBITDA margin · stated consensus 41%
Last 24 months of trading updates, one verdict per announcement (the headline profit measure first). Companies report these themselves and lean positive, so compare against peers: the same tag-based peer group as the Overview, counting peers with at least 2 updates and needing at least 3. Verdicts are machine-extracted; where the quoted wording clearly says otherwise, the wording is used.