Business
Full Year Trading Update
Synectics plc reported a solid performance for the year ended 30 November 2025, with revenue expected to reach approximately £68 million, up from £55.8 million in the prior year, driven by continued momentum and a significant non-recurring gaming contract. Adjusted EBITDA is projected at £8.5 million and adjusted profit before tax at no less than £6.0 million. The company's order book stands at £26.5 million as of 30 November 2025, reflecting the completion of the gaming contract and some impact from global economic conditions. Synectics ended the year with a record cash balance of £14.1 million and recommended an increased final dividend of 2.8 pence per share, leading to a total dividend of 5.0 pence per share. The company is progressing with its strategic transformation towards a scalable, product-led software platform business. Disclaimer*
About this update from Synectics Plc
[{"type":"text","content":"\n\n\n\n\n\n17 December 2025\n\n\n \n \n\n\n\n\n\n\n \nSynectics plc\n(\"Synectics\" or the \"Company\" or the \"Group\")\n \nFull Year Trading Update\n \nSynectics plc (AIM: SNX), a leader in advanced security and surveillance solutions, provides an update on trading for the year ended 30 November 2025 (\"FY 2025\").\n \nFY 2025 Update\n \nThe Group has delivered a solid performance in FY 2025, reflecting continued momentum across core markets and the successful delivery of a significant contract in the leisure and hospitality sector.\n \nRevenue for the year is expected to be approximately £68 million (FY 2024: £55.8 million), with adjusted* EBITDA of £8.5 million (FY 2024: £6.3 million) and adjusted* PBT of no less than £6.0 million (FY 2024: £4.7 million). This performance includes the delivery of a significant, non-recurring gaming contract in South-East Asia, previously highlighted in the Group's interim results, which contributed approximately £12 million to FY 2025 revenue.\n \nAs at 30 November 2025, the Group had an order book of approximately £26.5 million (31 May 2025: £35.1 million; 30 November 2024: £38.5 million). The change in order book from the prior year end predominantly reflects the completion of the significant gaming contract which had previously been included in this figure, as well as some impact from global economic conditions delaying the timing of certain project approvals, particularly in oil and gas.\n \nAt 30 November 2025, the Group had a record cash balance of £14.1 million (31 May 2025: £12.1 million; 30 November 2024: £9.6 million). This strong position provides the Group with the ability to fund its investment programme and continue exploring selective acquisition opportunities aligned with its strategic priorities.\n \nReflecting the Board's continued confidence in the business' prospects, an increased final dividend of 2.8 pence per share (FY 2024: 2.5p) is recommended, giving an increased total dividend up 11% to 5.0 pence per share (FY 2024: 4.5p).\n \nStrategic Progress and Outlook\n \nIn its FY 2024 results, Synectics outlined a refreshed strategy to align long-term objectives, accelerate growth and position the Group for long-term value creation. Throughout FY 2025, the Group has made positive initial progress on thi...