Business
Full year trading ahead of market expectations
AdvancedAdvT Limited has announced a trading update for the year ending 28 February 2026, with full-year results expected to be ahead of market expectations. The company anticipates reporting revenue of approximately £53 million, an increase from £43.3 million in the prior year, and adjusted EBITDA of not less than £14.4 million, up from £11.3 million. Adjusted EBITDA margins are projected to exceed 27%, an improvement from 26% in FY25, driven by operational enhancements and a strong recurring revenue base of approximately 80%. The company expects its cash balance to be around £96 million, in line with market forecasts. Disclaimer*
About this update from Advancedadvt Ltd.
[{"type":"text","content":"\n\nAdvancedAdvT Limited\nTrading update\nFull year trading ahead of market expectations\nFull year trading ahead of market expectations\nAdvancedAdvT Limited (AIM: ADVT), the international software group, provides the following pre-close trading update for the year ending 28 February 2026.\nHighlights\n• Revenue of approximately £53 million (FY25: £43.3 million)\n• Adjusted EBITDA of not less than £14.4 million (FY25: £11.3 million)\n• Adjusted EBITDA margins of over 27%\n• Recurring revenue of approximately 80% of total revenues\n• Cash expected to be in line with market expectations of approximately £96 million as at 28 February 2026\n \nThe Group has demonstrated strong performance since announcing its interim results, delivering another robust trading period in the second half of the year. The Board now expects to report revenue of approximately £53 million and adjusted EBITDA of not less than £14.4 million for the year ending 28 February 2026, ahead of market consensus of approximately £52.5 million and £13.7 million respectively.\nAdjusted EBITDA margins of over 27% compare to 26% in the prior year and approximately 21% in the Group's first reporting period, reflecting continued delivery of operational improvements across the portfolio.\n \nPerformance has continued to be supported by high levels of recurring revenue of approximating to 80 per cent. of total revenues, and excellent customer retention across both divisions, reflecting sustained demand for the Group's offerings and its continued operational capability.\n \nThe Group expects cash balance to be approximately in line with market expectations of £96 million as at 28 February 2026, and investments of circa £15 million.\nVin Murria, Executive Chair, commented:\n\"I am pleased to report another year of delivery ahead of expectations. Our systems of record are deeply embedded in regulated, mission-critical workflows across the public and private sectors. While AI introduces both opportunities and risks across the software industry, in our markets it acts as an amplifier of our platform value rather than a disruptive threat; enhancing productivity for our customers, expanding our addressable market, and increasing the importance of t...