Slide 1: FY25 Results
FY25 Results Double digit growth with a record order intake and continued strategic execution Concurrent Technologies plc 13 April 2026
Slide 2: Agenda and presentation team
Agenda and presentation team Welcome 02 Business and FY25 overview 03 Financial review 06 Miles Adcock, CEO Kim Garrod, CFO Strategic review 13 Outlook 18 Q&A 19 Concurrent Final results for the year ended 31 December 2025 2
Slide 3: A proven UK tech company with global reach
A proven UK tech company Where you’ll find us with global reach ✓ 183 employees across UK and US A Support Centre A Design Centre design and manufacturing sites - Woburn, - Theale, Berkshire, UK ✓ Global network of sales partners Massachusetts, USA ✓ c.90% of revenue from defence customers Computer
Slide 4: Embedded computing that drives performance and resilience
Embedded computing that drives performance and resilience For some of t he world's largest OEM's, we design and manufacture: Defence: Our products enable military operations to run smoothly and ensure teams stay connected and mission- ready, including: Embedded processing boards: powerful circuit bo
Slide 5: Strong FY25 performance and building momentum
Strong FY25 performance and building momentum Strong financial performance Financial strength Revenue and PBT in line with market expectations (revised upwards in September 2025), delivering double-digit growth on prior year Revenue +14% Record order intake – £47.0m £45.9m Driven by strength in Euro
Slide 6: FY25 financial review
FY25 financial review
Slide 7: FY25 performance summary
FY25 performance summary Revenue +14% EBITDA +29% EBITDA margin % +16% Closing cash +5% Shareholders’ funds +15% £45.9m £10.1m 22% £14.4m £44.8m 2025 22% 2025 £14.4m 2025 2025 £45.9m 2025 £9.9m £44.8m 2024 19% 2024 £13.7m 2024 2024 £40.3m 2024 £7.8m £38.9m 2023 £31.7m 2023 £6.0m 2023 19% 2023 £11.2m
Slide 8: Revenue split
Revenue split Market segments Customer concentration Defence and aerospace 89.9% Largest customer 13% Industrial and scientific 6.2% Rest of top 10 38% Comms and other 3.9% Other customers 45% Top 10 customers US 52% UK 9% £23.7m £4.2m (FY24: £18.3m / 45%) (FY24: £2.9m / 7%) Europe 26% Asia & ROW 13
Slide 9: Business units
Business units Systems Products Revenue* +160% Profit +60% Revenue +6% Profit +8% $7.3m -$0.4m £40.5m £6.8m FY24: $2.8m FY24: -$1.4m FY24: £38.2m FY24: £6.3m • Inc $0.7m Group profit (Board profit and Inter-Co contracts) • Continued Record output from factory, delivering to plan • Enabled $1.1m of B
Slide 10: Cash
Cash £1.4m Increase (£0.8m) (£4.0m) Decrease Subtotal (£0.9m) Total £11.3m (£3.9m) (£5.3m) £7.0m (£1.1m) (£0.3m) (£0.9m) (£0.2m) £13.7m £14.4m Opening Profit Increase in Increase in Increase in Tax paid Net cash Capitalised Purchase of Other Net cash Net cash FX impact Closing cash Cash (1 (Adjusted
Slide 11: Balance Sheet
Balance Sheet Intangible Trade Intangibles Inventories £13.9m Products Assets Receivables o £11.7m £9.7m o £2.5m related to acquisition of Phillips £16.9m FY24: £10.9m o £0.5m ERP FY24: £15.4m FY24: £6.1m Inventories o Increasing for growth o End of life c.£2m o Provision for slow moving c.£1m Trade
Slide 12: Consistent financial delivery
Consistent financial delivery Delivering Growth Robust financial In September 2021 we committed to: discipline and 2021 2022 2023 2024 2025 market adaptability across cycles Revenue £20.5m £18.3m £31.7m £40.4m £45.9m ✓ Invest in product development, launch more products earlier to market Order intak
Slide 13: Strategic review
Strategic review
Slide 14: Our strategic priorities
Our strategic priorities Rapid market entry Expanding Exploring with innovative our Systems acquisition products capabilities opportunities Through investment in Move up the value We see opportunities to R&D, building on chain through selling expand our capabilities, To deliver partnerships and our
Slide 15: Investing for the future
Investing for the future Systems Products People • New LA state of the art facility • New 10-year lease (14,800 sq ft) • Post year end strategic hires move now complete next to existing Colchester site made to strengthen executive • Pipeline for future Systems with office relocation freeing up manag
Slide 16: Multiple levers to accelerate growth
Multiple levers to accelerate growth Organic initiatives Disciplined approach to M&A Strategic Rationale ✓ Acquisition of Phillips Aerospace enabled entry into Systems Integration ✓ New customers and programmes ✓ Continue to seek opportunities across system ✓ Leveraging SOSA to grow market share com
Slide 17: Outlook
Outlook ✓ Another year of strong delivery and disciplined execution of strategy ✓ The opportunity ahead is significant and we have entered FY26 with positive momentum and a healthy, growing pipeline ✓ Design wins increasingly expected to translate into production revenues ✓ Continued investment in c
Slide 18: Q&A
Q&A
Slide 19: Concurrent
Concurrent At a glance Our focus • Bringing innovative technology to market We design and manufacturer high-performance embedded quickly computing solutions for some of the world’s largest OEMs • Strategic engagement with customers and • Supply into customer critical applications partners • Building
Slide 20: Our Solutions
Our Solutions Embedded computing delivered to some of the world's largest companies for some of the most critical products and deployments TR MS8 Hermod II TR MDx Systems PR A11 Fulla Helios Huey Boards Vulcan Caelus Rhea Magni II Eir Hermes II Iris Apollo Hornet Bragi Kratos Concurrent Final result
Slide 21: Board of Directors
Board of Directors Miles Adcock Kim Garrod Brent Salgat Mark Cubitt Nat Edington Issy Urquhart Chief Executive Officer Chief Financial Officer Chief Revenue Officer Chairman Non-Executive Director Non-Executive Director Miles joined Concurrent Kim was appointed as Brent joined the Company Mark has b
Slide 22: Cashflow
Cashflow Concurrent Final results for the year ended 31 December 2025 22
Slide 23: P&L
P&L Concurrent Final results for the year ended 31 December 2025 23
Slide 24: Balance sheet
Balance sheet Concurrent Final results for the year ended 31 December 2025 24