Business
Interim results for the 6 months ended 28 Feb 2026
Ten Lifestyle Group PLC reported interim results for the six months ended 28 February 2026, showing a 6% increase in Net Revenue to £33.7 million and a 16% rise in Adjusted EBITDA to £7.0 million, with Active Members growing by 23% to 436,000. The company maintained its investment in technology, with £6.3 million allocated to digital platforms and AI, and ended the period with £9.3 million in net cash, having repaid its remaining loan notes. The outlook for FY 2026 is in line with expectations, and the Board anticipates FY 2027 revenue and adjusted EBITDA to exceed current market forecasts due to strong contract momentum. Disclaimer*
About this update from Ten Lifestyle Group Plc
[{"type":"text","content":"\n\n22 April 2026\n \nTen Lifestyle Group plc\n(\"Ten\", the \"Company\" or the \"Group\")\n \nInterim results for the six months ended 28 February 2026\n \n· Net Revenue up 6% on PY, 9% at constant currency\n· Adj. EBITDA up 16% on PY, 28% at constant currency\n· Active Members up 23% on PY\n \nTen Lifestyle Group plc (AIM: TENG), a leading global customer experience and loyalty platform for financial institutions and other premium brands, announces its interim results for the six months ended 28 February 2026 (\"H1 2026\").\n \nFinancial highlights \n\n· Net Revenue1 up 6% on the first half of the prior year to £33.7m (H1 2025: £31.8m), up 9% at constant currency2 to £34.6m\n\n\no corporate revenue3 of £29.2m (H1 2025: £28.0m)\no supplier revenue4 of £4.5m (H1 2025: £3.8m)\n\n\n· Adjusted EBITDA5 up £1.0m on the first half of prior year to £7.0m (H1 2025: £6.0m), up 28% at constant currency to £7.7m\n· Adjusted EBITDA margin6 increased to 20.7% (H1 2025: 18.9%); reflecting operational leverage\n· Adjusted Profit before tax7 up £0.6m on the first half of prior year to £1.6m (H1 2025: £1.0m)\n· Net cash of £9.3m (H1 2025: £6.8m, FY 2025: £9.7m); closed the period with no long-term debt, having repaid the remaining £0.8m of loan notes, and with a £5.0m Revolving Credit Facility available to support short-term working capital, with any drawdowns repaid in full\n\n \nOperational highlights \n\n· 23% increase in Active Members8 to 436k (H1 2025: 354k), led by higher engagement with the digital platform \n· Digital transformation continues, with increase in Net Revenue per FTE up 11% and operating expenses per request down by 9%\n· Launched the Ten Digital Platform with a leading UK bank under an existing Large9 contract and a digitally enabled concierge contract with a leading global technology company\n· Strong contract momentum winning a Medium fully digital contract in Europe with an existing corporate banking client and a new digitally enabled Large contract in AMEA, both expected to launch in H2 2026\n· 62% of members said that Ten's concierge service was a strong or decisive factor...