- Price
- 51.00p
- Market cap
- £76m
- 1M
- +16.1%
- 3M
- +32.0%
- 1Y
- +0.5%
- P/E (trailing)
- —
- Dividend yield
- —
“Current Trading and Outlook Trading in the second half of FY26 has continued strongly, combined with a solid Contracted Backlog, further new contract awards and a robust sales pipeline. As a result of this momentum and improved operational leverage the Board anticipates that Adjusted EBITDA will be materially ahead of current market expectations.”
adjusted EBITDA · stated consensus £4.8m
“As a result of the strong trading performance in the first half of the year, the Board now expects trading for FY26 to be significantly ahead of current market expectations4, with revenue expected to be c.10% higher and Adjusted EBITDA margins increasing, reflecting improved operational gearing.”
adjusted EBITDA margin · stated consensus £50.1m
“Adjusted EBITDA is expected to be c.£3.4 million (FY24: £2.4 million), ahead of consensus expectations and c.42% up on prior year, representing an increase in margin from 6.2% to c.7.3% as a result of operational efficiencies, offset by a higher than target contractor base.”
adjusted EBITDA · stated consensus £43.0m
“Adjusted EBITDA up 29% to £1.8m (H1 FY24: £1.4m) with Adjusted EBITDA margin increasing to 8.2% (H1 FY24: 7.3%); FY25 Adjusted EBITDA now expected to be ahead of recently upgraded market expectations”
Model estimate: 43% ahead · 35% in line · 22% below. A statistical estimate, not a forecast.
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.
“Current Trading and Outlook Trading in the second half of FY26 has continued strongly, combined with a solid Contracted Backlog, further new contract awards and a robust sales pipeline. As a result of this momentum and improved operational leverage the Board anticipates that Adjusted EBITDA will be materially ahead of current market expectations.”
adjusted EBITDA · stated consensus £4.8m
“As a result of the strong trading performance in the first half of the year, the Board now expects trading for FY26 to be significantly ahead of current market expectations4, with revenue expected to be c.10% higher and Adjusted EBITDA margins increasing, reflecting improved operational gearing.”
adjusted EBITDA margin · stated consensus £50.1m
“Adjusted EBITDA is expected to be c.£3.4 million (FY24: £2.4 million), ahead of consensus expectations and c.42% up on prior year, representing an increase in margin from 6.2% to c.7.3% as a result of operational efficiencies, offset by a higher than target contractor base.”
adjusted EBITDA · stated consensus £43.0m
“Adjusted EBITDA up 29% to £1.8m (H1 FY24: £1.4m) with Adjusted EBITDA margin increasing to 8.2% (H1 FY24: 7.3%); FY25 Adjusted EBITDA now expected to be ahead of recently upgraded market expectations”
Model estimate: 43% ahead · 35% in line · 22% below. A statistical estimate, not a forecast.
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.
adjusted EBITDA · stated consensus £2.8m
“Group revenue for FY25 will be ahead of market expectations3 set at the start of the financial year.”
revenue · stated consensus £35.2m
adjusted EBITDA · stated consensus £2.8m
“Group revenue for FY25 will be ahead of market expectations3 set at the start of the financial year.”
revenue · stated consensus £35.2m