Business
Interim Results and Investor Presentation
React Group plc reported a 9% increase in revenue to £13.2 million for the six months ended March 31, 2026, with gross profit up 10% to £4.3 million and adjusted EBITDA rising 7% to £1.5 million, driven by strong performance in 24hr Aquaflow Services and improved operational efficiency. The company maintained over 85% recurring revenue and generated £824,000 in free cash flow, though cash reserves decreased to £1.1 million following investments in technology and sales capability, resulting in net debt of £2.5 million. Despite a basic loss per share of 0.31p, adjusted EBITDA per share increased to 6.34p, reflecting underlying earnings strength. Disclaimer*
About this update from React Group Plc
[{"type":"text","content":"\n\n19 May 2026\nREACT Group plc\n(\"REACT\", the \"Group\" or the \"Company\")\n \nInterim Results and Investor Presentation via Investor Meet Company\n \nREACT Group plc (AIM: REAT), the leading specialist support services provider to the FM industry, announces its unaudited interim results for the six‑month period ended 31 March 2026.\nFinancial Highlights\n· Revenue increased 9% to £13.2m (H1 2025: £12.1m) - supported by strong performance in 24hr Aquaflow Services and a more disciplined, value‑led sales approach focused on profitable work.\n· Recurring/repeat revenue remained above 85%, providing strong visibility - reflecting long‑standing customer relationships and a service model built around reliability and responsiveness.\n· Gross profit up 10% to £4.3m (H1 2025: £3.9m) - driven by improved operational efficiency and a sharper focus on higher‑value customer work.\n· Gross margin improved to 32.4% (H1 2025: 32.0%) - benefiting from disciplined pricing, better job allocation, and a sales culture centred on gross profit rather than top‑line volume.\n· Adjusted EBITDA increased 7% to £1.5m (H1 2025: £1.4m) - reflecting revenue growth and continued cost control while investing in customer‑facing capability.\n· Free cash flow of £824k, reflecting continued focus on cash discipline (H1 2025: £204k) - supported by tighter working capital management and improved collections.\n· Cash of £1.1m at period end (H1 2025: £2.8m) - after investment in technology, sales capability, and deferred consideration payments.\n· Net debt of £2.5m (H1 2025: £1.9m) - remaining well within comfortable levels following planned investment and acquisition‑related outflows.\n· Basic loss per share (0.31p) (H1 2025: 1.18p) - reflecting lower finance costs and improved operating performance.\n· Adjusted EBITDA EPS 6.34p (H1 2025: 6.07p) - demonstrating continued underlying earnings strength.\nOperational & Strategic Highlights\nThe Group delivered a resilient first‑half performance, building on the operational discipline and strengthened foundat...