Integrated Diagnostics Holdings reported robust Q1 revenue and profit growth, while Maven Renovar VCT saw a slight dip in NAV despite maintaining its dividend policy and appointing a new investment manager. Corporate actions included GB Group expanding its global partnership with Equifax into the US to bolster identity and fraud protection, as RTC Group publicly defended its strategic direction and record order book against shareholder resolutions. Meanwhile, Sabien Technology Group settled a historical contract, incurring an unbudgeted expense higher than anticipated.
Integrated Diagnostics Holdings IDHC delivered strong financial results for the first quarter of 2026, reporting a 31% year-on-year increase in revenues to EGP 2.1 billion. This growth was fuelled by a 22% rise in tests performed and a 7% increase in average revenue per test, reflecting expanded service utilisation across its operating regions. EBITDA rose 23% to EGP 611 million, maintaining a 29.5% margin, while net profit jumped 78% to EGP 437 million, excluding foreign exchange gains.
Maven Renovar VCT MRV published its final results for the year ending 31 January 2026, highlighting a pivotal year with the appointment of Maven Capital Partners as its new Investment Manager. The company reported a NAV total return of 213.26p per Ordinary Share, a slight decrease from the previous year, with NAV at 60.92p per share. Shareholders received significant distributions, including a 10.00p special dividend, a 2.50p interim dividend, and another 2.50p special dividend paid in November 2025, plus a further special dividend for the following year.
RTC Group RTC issued a public response to a shareholder letter proposing resolutions for its upcoming Annual General Meeting, indicating a potential governance dispute. The board asserted that the shareholder's statement contained inaccuracies and defended its strategic choices and management actions, which it claims have led to the company's long-term sustainability. Management highlighted RTC's strong outperformance against its sector and a record £300 million order book, encouraging all shareholders to abide by the AGM decision.
GB Group GBG, a global identity and location technology business, announced an expanded global partnership with Equifax, a data and analytics company. This collaboration extends their relationship into the United States, integrating Equifax's identity and fraud solutions into GBG's adaptive identity platform, GBG Go. The move is designed to offer businesses more robust, data-driven defenses against increasing digital and AI-based fraud, which is projected to cause billions in losses.
Sabien Technology Group SNT announced the settlement of a historical contract dating back to its 2006 IPO, agreeing to a full and final payment of £90,000. This settlement exceeds the £50,000 provision previously made in the company's June 2025 Annual Report for legacy contract liabilities. The additional £40,000 payment will be made in four equal quarterly instalments, representing an unexpected financial impact for the AIM-listed CO2 and energy-reduction technology provider.