Business
Preliminary audited results for the year 30/09/25
NCC Group PLC reported preliminary audited results for the year ended 30 September 2025, with revenue declining 2.6% on a constant currency basis to £293.9m, while Escode grew 2.2% to £66.5m and Cyber Security declined 4.0% to £227.4m. Gross margins improved to 44.5%, and Adjusted EBITDA was £40.6m. The company achieved a profit before taxation of £20.6m, a significant improvement from the prior year's loss of £17.8m, largely due to the £65.6m sale of its Fox Crypto business, which also eliminated group borrowings, resulting in net cash of £13.1m. The company is proposing an unchanged final dividend of 3.15p per ordinary share and anticipates marginal revenue growth in FY26. Disclaimer*
About this update from Ncc Group Plc
[{"type":"text","content":"\n\n11 December 2025\n\nInformation within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014\n \nNCC Group plc\nPreliminary audited results for the year ended 30 September 2025\n\nStrategic progress positions the Group for return to profitable growth\n \nNCC Group plc (LSE: NCC, \"NCC Group\" or \"the Group\"), a people-powered, tech-enabled global cyber security and software escrow business, reports its year ended 30 September 2025 (\"2025\", \"the year ended\")\n \nHighlights\n \n\n\n\n\n· \n\n\nGroup revenue on a constant currency basis1 (excluding non-core disposals2) has declined by 2.6% to £293.9m with Escode experiencing growth of 2.2% to £66.5m, offset by a Cyber Security decline of 4.0% to £227.4m.\n\n\n\n\n· \n\n\nRevenue performance in H2 2025 on a constant currency basis1 (excluding non-core disposals2) for both Escode and Cyber Security improved from the position in H1 2025, with Escode H2 2025 growth of 2.5% vs H2 2024 compared to H1 2025 growth of 1.8% vs H1 2024, and Cyber Security H2 2025 decline of 1.6% vs H2 2024 compared to H1 2025 6.3% decline vs H1 2024. Escode has now delivered 12 consecutive quarters of year-on-year revenue growth and Cyber Security has returned to growth in Q4 FY25 providing momentum into FY26.\n\n\n\n\n· \n\n\nGross margins (excluding non-core disposals2) year on year have improved to 44.5% from 43.9% as the Group maintained operational discipline, with Escode gross margin improving by 2.6% pts at 71.4% and Cyber Security declining slightly by 0.4% pts to 36.6%.\n\n\n\n\n· \n\n\nThe Group reported Adjusted EBITDA1 (excluding non-core disposals2) of £40.6m, down from £42.1m in the 12 months to 30 September 2024, in line with Board's expectations (down from £51.6m for the 16 month period ending 30 September 2024 (including non-core disposals 2)).\n\n\n\n\n· \n\n\nProfit before taxation grew to £20.6m from a loss of £17.8m in the year ended 30 September 2024, as a result of a reduction in non-core disposals2 trading (£4.7m), underlying reduction in Adjusted EBITDA1 trading performance (£1.5m), a one-off profit (£11.4m in H1 2025) from the sale of our...