Business
Half Year Results to 30 September 2025
SysGroup plc reported half-year results for the six months ended 30 September 2025, with revenue of £9.9 million, a slight decrease from £10.2 million in the prior year, though Q2 saw 10% growth over Q1. The company highlighted a strategic shift towards a consultative, end-to-end approach, with cybersecurity now comprising 47% of revenue. Adjusted EBITDA was £0.2 million, down from £0.4 million, and the statutory loss before tax widened to £1.6 million from £1.1 million. Net cash stood at £3.1 million. The company noted significant improvements in service quality and customer satisfaction driven by AI integration, which has led to operational efficiencies. Managed IT Services revenue has stabilised and is positioned for future growth, with full-year performance expected to be in line with expectations. Disclaimer*
About this update from Sysgroup Plc
[{"type":"text","content":"\n\n3 December 2025\nSysGroup plc\n(\"SysGroup\" or the \"Company\" or the \"Group\")\n\nHalf year results for the six months ended 30 September 2025\n \nSysGroup plc (AIM:SYS), the trusted partner for cloud, cybersecurity, and AI enablement, delivering end to end solutions at the intersection of cybersecurity and digital transformation for the UK mid-market, is pleased to announce its unaudited half year results for the six months ended 30 September 2025 (\"H1 FY26\" or the \"Period\").\n\nStrategic & Operational Highlights\n· Strategic shift to a consultative, end-to-end Go-To-Market (\"GTM\") approach is delivering tangible results\n· Cybersecurity represents a significant and fast-growing revenue stream for the Group, today comprising 47% of revenue in the Period\n· Secured a three-year Managed IT Services and technology refresh contract with a major UK non-profit institution\n· Managed IT Services revenue stabilised and is now well positioned to return to growth after two years of decline\n· AI is now our operational model, embedding tools, workflows, and culture across the business\n· Significant improvement in service quality and customer satisfaction, supported by AI and operational changes\n· AI delivering measurable ROI - service desk reduced from 36 to 22; throughput per engineer increased 17%\n· Headcount reduction from 111 in FY23 to 80 by end of FY26, delivered alongside strengthening technical capabilities and successful integration of an acquisition\n \nFinancial Highlights\n· Revenue £9.9m (H1 FY25: £10.2m); 10% growth in Q2 over Q1\n· Net Managed IT Services down sell reduced from £1.7m in FY25 to £0.3m run rate projected for FY26\n· Managed IT Services including professional services increased to 92.3% of total revenue (H1 FY25: 86.3%)\n· Gross margin 48.5% (H1 FY25: 49.6%) maintaining margin level\n· Adjusted EBITDA1 of £0.2m (H1 FY25: £0.4m)\n· Statutory loss before tax of £1.6...