Maintel Holdings Plc · LSE:MAI
Maintel — H1 2026 Earnings Presentation
18 slides from Maintel's earnings presentation, September 2026
Slide 1: 2026 Interim Results Investor Presentation
2026 Interim Results Investor Presentation September 2026 This image has been generated by Maintel's "Generative Art Tool" visualising real -time data on IT service status, reflecting uptime and performance metrics and powered by the Maintel Application Platform.
Slide 2: Contents
Contents 01. H1 2026 Highlights 02. Financial Review 03. Strategy & Business Update 04. Summary & Outlook 04. Appendix Maintel Holdings plc – 2026 Interim Results Investor Presentation 2
Slide 3: H1 2026 Highlights
H1 2026 Highlights Maintel Holdings plc – 2026 Interim Results Investor Presentation 3
Slide 4: H1 2026 highlights
H1 2026 highlights Group Revenue Adj . EBITDA Gross profit Net Debt £45.2m £3.2m £13.4 m £22.5m H1 2025: £46.5m H1 2025: £3.4m H1 2025: £14.0m H1 2025: £18.0m Recurring revenue represented Adj. EBITDA margin of 7.1% Gross margin of 29.6% Capital expenditure of £2.4m, 70.4% of total revenue – project
Slide 5: Financial review
Financial review 5 Maintel Holdings plc – 2026 Interim Results Investor Presentation
Slide 6: Key financials: Revenue and Recurring Revenue
Key financials Revenue Recurring Revenue £45.2m H1 2025: £46.5m -2.8 % 70.4 % H1 2025: 74.3 % -3.9pp The total of sales from all The percentage of overall customers and partners in all revenue that is contracted and markets. An indicator of the size £45.2 £46.5 recurring. A good indicator m of visib
Slide 7: Key financials: Gross margin and Adjusted EBITDA
Key financials Gross margin % Adjusted EBITDA 29.6 % H1 2025: 30.1 % -0.5 pp £3.2m H1 2024: £3.4m -4.8% Gross margin % as per the Adjusted EBITDA is EBITDA consolidated statement of adjusted for exceptional items £3.4 m comprehensive income less cost and share based payments. An 30.1% £3.2 m of sale
Slide 8: Key financials: Adjusted PBT and Adjusted EPS
Key financials Adjusted PBT Adjusted EPS £1.7m H1 2025: £ 1.8m -4.0 % -4.7p H1 2025: 1.2p - 5.9p Adjusted for exceptional items, Adjusted for exceptional items, amortisation and share based amortisation of acquisition related 1.2p £1.8m payment. Measuring the overall £1.7m intangibles and share base
Slide 9: Profit before tax bridge
Profit before tax bridge 2,000 1,017 42 1,696 1,500 1,000 2,377 500 £’000 0 -500 -1,000 -1,500 -1,740 -2,000 Profit Before Tax Intangible Amortisation Exceptional Items Share Based Remuneration Adjusted Profit Before Tax Maintel Holdings plc – 2026 Interim Results Investor Presentation 9
Slide 10: Key financials: Net Debt and Operating Cashflow
Key financials Net Debt Operating Cashflow £22.5m H1 2025: £18.0m 25.1% -£1.2m H1 2025: £2.2m -£3.4m The net position of cash debt Operating cashflow as per the A measure of control over the consolidated statement of £22.5 Group's liquidity . cashflow. A great indicator of m the cash generated by th
Slide 11: Net Debt bridge
Net Debt 25 Free Cash Flow (FCF) -4.6m Financing 0.4m (22.5) +1.2 20 -0.8 -1.0 (18.3) -1.0 -2.4 15 +3.2 -3.4 £m 10 5 0 Net Debt Adj. EBITDA Working Capex Transformation Interest Leases, Net of share issue Net Debt 31 Dec 2025 capital & restructuring & issue costs repayments & and loan notes 30 June
Slide 12: Strategy & Business Update
Strategy & Business Update Maintel Holdings plc – 2026 Interim Results Investor Presentation 12
Slide 13: Execution of key milestones
Execution of key milestones Completion of Fundraise & Refinancing Streamlined operating structure 21 June 2026 - the Group completed refinancing of its H1 2026 - the Group completed the restructuring planning existing loan facility – signing a new banking agreement with of its operations function, t
Slide 14: Key Growth Indicator Progress
Key Growth Indicator Progress H1 2026 performance versus H1 2025 Pipeline Sales bookings Project revenue Recurring revenue (excl. renewals) £79m POSITIVE MOMENTUM +5.3% £26m POSITIVE MOMENTUM +6.6% £13.4m POSITIVE MOMENTUM +11. 8% £31.8m NEEDS ACTION −7.8% £79.0 £75.0 £26.0 £24.4 £13.4 £34.5 £12.0 £
Slide 15: Focus markets for growth
Focus markets for growth Significant growth opportunity in target market verticals Financial Services Enterprise Retail (FCA Credit (Orgs with >1,000 Public Utilities Institutions) FTE) Healthcare Social Housing (Water & energy) Number of target 1,091 2,800 215 1,600 54 organisations Maintel’s curre
Slide 16: FY26 First Half Deals
FY26 First Half Deals Total contract value secured in FY26-H1 of >£26m (£24.4m in FY25-H1), with a 26.3% increase in First Year Value (FYV *1) bookings reflecting the strong project performance. Strategic technology pillars Total Contract Unified Deals Highlights Contract Term Comms & Customer Secur
Slide 17: Summary & Outlook
Summary & Outlook Maintel Holdings plc – 2026 Interim Results Investor Presentation 17
Slide 18: Summary and FY 2026 Outlook
Summary and FY 2026 Outlook Encouraged by strategic progress, sales bookings performance & pipeline growth • Continued strong progress in executing the specialist managed services strategy during H1 2026 • Strong growth in project -related revenue, offset by a decrease in recurring revenue due to a