Business
Final Results
Redcentric PLC announced its final audited results for the year ended March 31, 2025. Total revenue from continuing operations increased by 8.3% to £135.1m, while recurring revenue rose by 9.0% to £120.7m, representing 89.3% of total revenue. Gross profit increased by 6.5% to £83.3m, with a gross margin of 61.6%. Adjusted EBITDA increased by 8.1% to £18.8m, maintaining a 13.9% margin. Reported operating profit increased significantly by 47.5% to £8.4m, and reported profit before tax increased by 139.3% to £4.4m. Group net debt decreased by 9.5% to £65.5m, while adjusted net debt remained relatively stable at £41.9m. Adjusted basic earnings per share increased by 2.3% to 3.82p, and reported basic earnings per share increased by 54.5% to 1.70p. The company is in advanced negotiations for the potential sale of its Data Centre business unit. Disclaimer*
About this update from Redcentric Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the 'UK MAR') which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n24 September 2025\n \nRedcentric plc\n('Redcentric', the 'Company' or the 'Group')\n \nFinal Results\n \nRedcentric plc (AIM: RCN), a leading UK IT Managed Services provider, is pleased to announce its final audited results for the year ended 31 March 2025 ('FY25' or the 'year'). The 2025 Annual Report and Accounts containing full details of the results will be made available on the Company's website shortly and posted to shareholders in the coming days.\n \nCorporate Highlights\n \nDuring FY25\n \n· As previously announced, during the period the Group undertook an exercise to create two autonomous business units by separating out the Data Centre ('DC') business unit and the Managed Service Provider ('MSP') business unit. The rationale for this was the belief that the two business units target different markets with business market dynamics, so therefore needs to be addressed by different business models and have separate management teams. This separation successfully completed on 1 February 2025;\n· The Group has appointed advisors with regards to the possible sale of the DC business unit and, as announced on 22 August 2025 in response to press speculation, the Group is currently in advanced negotiations with a preferred third party. Given the potential sale of the DC business, the assessment under IFRS 5 Non-current Assets Held for Sale and Discontinued Operations is that the DC business unit should be recognised as a discontinued operation. Shareholders will be kept informed of developments and there can be no certainty that a transaction will be concluded;\n· Developing and growing the MSP business unit is the ongoing focus of the Group where the Board sees an opportunity to build additional shareholder value. The financial statements have been prepared ...